🔥 Bitcoin: Waiting For The Ultimate Trigger To Buy
In this analysis we're going to discuss a very simple trading strategy that will suit your long-term portfolio: buying into extreme weakness.
As seen on the chart, Bitcoin has only been oversold on the daily RSI on three occassions over the past 1.5 years. Every single time this occured it proved to be an extremely profitable entry point.
With Bitcoin seeing quite a sell-off and the halving coming up, I'm going to wait patiently for the RSI to hit daily oversold. I imagine another few red days and the RSI should be <30.
Have some funds ready, because this entry might be the last time you can buy BTC during weakness for a long time.
As seen on the chart, Bitcoin has only been oversold on the daily RSI on three occassions over the past 1.5 years. Every single time this occured it proved to be an extremely profitable entry point.
With Bitcoin seeing quite a sell-off and the halving coming up, I'm going to wait patiently for the RSI to hit daily oversold. I imagine another few red days and the RSI should be <30.
Have some funds ready, because this entry might be the last time you can buy BTC during weakness for a long time.
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.