"Make money day trading for Dummies" Repetitive patterns.
Hi traders,
A quick TA to check how to properly take advantage of possible repetitive patterns.
We had beautiful repetitive patterns recently with Litecoin Usd.
What to remember :
-the dips were followed by strong bullish upmove (wave up)
-the strong bullish upmove waves created strong bearish waves (waves down).
-do not buy around the top of the waves UNLESS very special reason that could make you believe the wave will keep on raising (for exemple during an announced fork about a coin, if news give a very good info about Xrp partnership, etc).
Avoid at all cost buying in the potential top of the waves, controling Fear of missing out is extremely important.
Wait hours, a day, even some days in case you missed your opportunity.
With cryptocurrencies, new buy opportunities happen very regularly.
Good luck!
A quick TA to check how to properly take advantage of possible repetitive patterns.
We had beautiful repetitive patterns recently with Litecoin Usd.
What to remember :
-the dips were followed by strong bullish upmove (wave up)
-the strong bullish upmove waves created strong bearish waves (waves down).
-do not buy around the top of the waves UNLESS very special reason that could make you believe the wave will keep on raising (for exemple during an announced fork about a coin, if news give a very good info about Xrp partnership, etc).
Avoid at all cost buying in the potential top of the waves, controling Fear of missing out is extremely important.
Wait hours, a day, even some days in case you missed your opportunity.
With cryptocurrencies, new buy opportunities happen very regularly.
Good luck!
Trade active:
Repetitive patterns of price drops with the same amout, 450$
Btc Usd, local 5min candles
Repetitive patterns of price drops with the same amout, 450$
Btc Usd, local 5min candles