Sawcruhteez Strategies: How to BUY THE DIP | Advanced Dollar Cost Averaging Methods
EMASAR: Buy $8,158
50 & 200 EMA’s
D: Very close to getting a golden cross after pulling back and into the 200 EMA:
4 & 9 EMA’s
is confirmed. Target is $11,675 (pictured above)
is broken: Button Bottom: with $10,550 target:
Contango with 3.76% spread
Longs pay short 0.0238%
4h green 2
Daily green 3
Weekly green 4
Have recently reentered weekly cloud
Daily C Clamp is a cause for concern
Conclusion: The Bitcoin chart is starting to look quite if you ask me. We have been reclaiming some major levels and confirming some major patterns. The Wyckoff is playing out very nicely. It seems we are finishing the final stages of markup from that pattern while confirmed some new ones.
Featured is the and she is a beaut. As we were recently pulling back I was holding my breath that the 200 D would hold as support. That put us in an excellent position to get a daily golden cross and it also established the handle of this .
That support from the 200 D also appears to have been enough to breakthrough the 6 month .
This post is marked long because a couple patterns recently confirmed and I do believe that we will reach the targets. That being said I am not buying this level, at least not right now.
This is a major area of resistance and I do not like entering when price retests resistance on the way up. Instead I prefer buying when price retests that level for support.
I am looking to add even though I am still holding onto 100% of the long position that I established at $7,950.
My stop loss is now in break even territory which means I can establish more exposure without risking more than the original 2% of my bankroll. If price does retest the $10,000 level in the next week then I will definitely be setting my sights on buying a pullback to $9,400.
If you are asking why I don’t buy that price right now then read this again.
The TD Sequential is in a healthy position and that leads me to believe that the most likely outcome by this time next week is reexploring the five figure threshold.
PS: The halving is only 104 days away : )