#BottomBuying
Bottom buying strategy for beginnersโฆ without indicators or complications!โ ๐ง ๐๐
How many times have you heard the phrase 'buy the bottom and sell the top'?
But the real question is: How do you determine the bottom? ๐คฏ
Most traders wait for confirmations that never come, or enter early and get burned with the drop...
Today I share with you a simple and effective strategy...
You don't need indicators, just a smart eye and hard patience ๐
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1๏ธโฃ Look for 'killer boredom' ๐ค
Yes, boredom is the first indicator that you are close to the bottom!
When you see a coin:
๐น Moves sideways for days
๐น No one is talking about it
๐น And no encouraging green candle...
๐ This means: Everyone has exited the game... and this is where the whales start to enter silently.
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2๏ธโฃ Beware of the long tail under support ๐ฏ๏ธ๐
A candle suddenly drops below support and then quickly returns and closes above it?
This is called 'bottom hunter', and the whales do it to hunt stop-loss orders and then buy back at a cheaper price.
โ When you see this shape after a long boredom?
๐ This is likely a real bottom