A lot is going on in the cryptoverse right now. A lot of anger and hate... A lot of uncertainty... A lot of emotions in general. Which is not a good thing when trading, I learned that the hard way! So I'm just going to relax and wait for the Buy signal on the Hash Ribbons indicator (daily chart). This indicator is very reliable if you are trying to find a good long entry point. Stay calm and don't let your emotions cloud your judgment. And always trade carefully!
@matusdrabik Don't get me wrong, 42k was a good buy zone for hodling. But for trading the Buy signal from the Hash Ribbons is a very good indicator to enter a 'safe' long position. The downside after the Buy signal is very limited before the price takes off. Check the daily BTC chart to see the price action after previous Buy signals (the blue dots on the Hash Ribbons indicator)
celofarah
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This indicator is the only thing providing me confort during this drop 😂😂😂
CryptoMike100
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@celofarah Thx for your reply! Same here, it really helps me to stay calm