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E-x-t-r-a-v-a-g-a-n-z-a
May 19, 2021 10:17 PM

I haven't bought this BTC dip yet, here's why... Long

Bitcoin / USDCapital.com

Description

One of my friends messaged me today; this person bought the dip in a not so convenient environment, which led to losing money fast!!!
As you can see, I'm using the adequate indicators for buying dips, I strongly recommend that you try them out!
Indicators provide knowledge we don't see in the chart itself with the price action.
Give this indicators a shot! I'm sure they won't let you down :)
Reason I haven't bought: NOT enough volume.
Could be a dead cat bounce.
Just wait for it.

Leave me a comment if you want to know how these indicators work!
Comments
JimmyTheGreek13
What’s a good price to buy in ?
E-x-t-r-a-v-a-g-a-n-z-a
@JimmyTheGreek13, I don't know that yet. Wait for a range to develop and buy the cheapest possible within it
1BigPapi
I would be somewhat inclined to agree but think you should check some other data streams for OTC investments and whole market outflows. I think there is more volume than retail realizes, saw quite a few large buys today. But also better to play it safe now..
E-x-t-r-a-v-a-g-a-n-z-a
@misterbumble, Yeah, I'm waiting for more price action tho! Can't read it if there isn't any. Consolidation in a range would play good for me
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