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Jan 10, 2022 10:12 AM

BTCUSD D1 - Long Investment Setup Long

Bitcoin / U.S. dollarBitstamp

Description

BTCUSD D1

Carried forward from last week, we can see we are hugging this 40k support mark, this is effectively our DCA buy zone #1. We are looking to add funds here as well as 30k if this 40k support zone breaks. We DCA like this incase we aren't able to see this 30k that we are supposedly waiting for. If we miss the 30k boat and start flying from 40k without adding entries here, we miss the opportunity altogether.

So it's important to drip feed funds in at various entries like previously mentioned, you don't optimise entries, but you do still average great returns with the peace of mind you're still in it to win it.
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