It has been 3 months since I have been waiting for my investments to break even😮💨
ياسـر
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⏰ The worst technical pattern is the one that Bitcoin is currently going through, a boring consolidation pattern that goes through several stages that makes you hate trading while you sit waiting for it to finish!! But the nice thing about it is that it ends with a bullish breakout! I mentioned earlier that Bitcoin will move in a sideways path between 117000— 118000 and will not deviate from these two points, and my statement was at the beginning of the formation of this pattern. We are now about 65% away from the hypothetical breakout point, but the duration may increase a bit or decrease.. As for the expected targets after the breakout.. • 124000 • 133000 • 140000 🚨Risk limits: Breaking 113000 downwards and trading below it for 24 hours nullifies all the previous statements.. $BTC
The problem is, what makes us understand the places of rebound?
ياسـر
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I will tell you my way of untangling the comment 😂 For example, if I bought a currency and the price fell strongly, for example, more than 20-25% Here I see the price rebound areas exactly if I specified them I placed a buy order at the same rebound price without selling the quantity related to it, in this case I bought from a rebound area and at a high percentage the price will rise from it, then I sell the same last quantity only At the first resistance and often the percentage is 5% and I wait for the price to fall to the rebound area again and often it falls then I repeat the same first step with the same quantity and so on until I get my full quantity Either with a profit or with the capital without a loss .. Of course, I have been doing this method for a long time in Saudi stocks And American stocks and I also did it in currencies and I did not lose anything, thank God Either I get out with a profit or with the capital .. ✍️ Important note: You must buy the same loss as you did, for example 50% You buy twice 25% ❌2 or once One and you can repeat the method two or three times and you can increase it according to the price movement and its speed of rise and fall.. It is not necessary in the same currency, you can see any currency that you see as
closer and faster in rebound and movement.. The method is successful with me to a high percentage, thank God, but you must know
the areas of price reversals, support and resistance..