$BTC
Brothers, did you miss the bottom opportunity of Bitcoin? Don't worry, you can still get on the bus halfway! Let's see how to find the entry point and firmly grasp the trend:
Find opportunities along the 20-day moving average
Currently, the price of Bitcoin forms support near the 20-day moving average. Every time it approaches the moving average, it is a potential opportunity to enter the market and go long. This moving average is like a "golden channel". If you can grasp it, there are many opportunities.
Stop loss when it falls below to prevent short-sellers from counterattacking
After entering the market, remember to set a stop loss point, especially when the price falls below the 20-day moving average, you must leave the market decisively! This may be a signal that shorts are about to attack, so be cautious.
Time level: look at 4 hours and above
In order to avoid short-term fluctuations, it is recommended that brothers use 4 hours or higher time levels to observe. This will better grasp the stable trend changes, filter out small fluctuations, and operate more safely.
Grasp the 20-day moving average, every step back is an opportunity! As long as you set a good stop loss and follow the trend, you will have the hope of catching the next wave of gains.