Bitcoin in Price Discovery – Ep 24
Bitcoin has broken previous all-time highs, now with no resistance levels in sight bitcoin has entered into price discovery.
Bitcoin has broken previous all-time highs, now with no resistance levels in sight bitcoin has entered into price discovery.
When the market is at a point where it is unexpected, having a hedge in place for a Chainlink correction can help protect the capital.
The past week was very profitable. A rule returned 100% Profit on the Binance Futures wallet. It’s time to hedge the allocation.
When the market is overbought approaching significant resistances, it’s savvy to create a dynamic hedge on Bitcoin dips.
A WAVES automated trading strategy could benefit from the great long term setup of the coin. Scalping small trades to reduce the risk.
When the price of a coin is above the MA9 and MA50 at the same time, it’s a sign of momentum. The rule is set for scalping Litecoin on trend.
As Bitcoin could potentially break on the upside in the coming weeks, it may be profitable to accumulate Bitcoin before a new all-time high.
While Bitcoin is trading on the upside, Altcoins are under pressure, and that provides the opportunity for short sell in a downtrend.
During bull markets, rules that are focused on accumulate Bitcoin every day can perform particularly well.
After every breakout, there is a time of consolidation. Leveraged bitcoin sideways trading may be useful to capture these price moves.