Utilizing the Down Trend and Quick V Formation.
Bitcoin is Crashing but we are still on PROFIT, understanding the market psychology. Establish your S&R will basically do this very simple and basic strategy.
STRATEGY
Simple Scaling IN when the market is going down, and Scaling OUT, when the market is in parabolic.
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Related Topics: November 2020 BTC Trade
a. Cryptocurrencies DIVIDEND
b. Best Performance Assets the last Decade
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The 21 Daily MA and Weekly are good for huge pull back support. Plus you can also add on your arsenal the Fibonacci Retracement.
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I’m still in since my timeframe is different, that’s why taking profit is important to lock your gains and lessen our risk. You can identify yours too. See our Vlog for “Exit Strategy”.