Inverse correlation BTC/BNB SAFE CONSERVATIVE STRATEGY
This is a strategy I've played throughout the last few months to conserve losses with Bitcoin during the downtrend waves.
There is heavy inverse correlation between Bitcoin and Binance Coin.
This strategy should be used with other confluence of price action and TA in order to find entry and exit points.
I look for divergence on all indicators and reversal candlestick patterns to indicate my entry/exits.
This strategy has allowed me to conservatively profit during the downtrends instead of watching my BTC value diminish.
Leave a comment and let me know what you think about this strategy.
LIKES AND FOLLOWS ARE ALSO GREATLY APPRECIATED, THANK YOU!
This is my personal opinion, this is not investment advice, invest at your own risk and good luck trading.
COMPLETED 9:58am (UTC - 7 ) LOS ANGELES
There is heavy inverse correlation between Bitcoin and Binance Coin.
This strategy should be used with other confluence of price action and TA in order to find entry and exit points.
I look for divergence on all indicators and reversal candlestick patterns to indicate my entry/exits.
This strategy has allowed me to conservatively profit during the downtrends instead of watching my BTC value diminish.
Leave a comment and let me know what you think about this strategy.
LIKES AND FOLLOWS ARE ALSO GREATLY APPRECIATED, THANK YOU!
This is my personal opinion, this is not investment advice, invest at your own risk and good luck trading.
COMPLETED 9:58am (UTC - 7 ) LOS ANGELES