primetimesosa
@t_primetimesosa
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primetimesosa
With the bearish push on Bitcoin, price had hit a key liquidity/support level I've been eyeing on the Daily chart, around $53,550. Price then printed a bullish engulfing candle, which triggered my buy signal. This is where more capital was invested with this market sell off. If price continue to make lower lows, I'll continue with this method on waiting for a bullish engulfing candle pattern to begin DCA as we push down. You don't want to catch falling knives, wait for the knife to hit the ground, then pick it up by it's handle. Happy Investing!Looks like everything is working out as expected! :)
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Any content and materials included in Sahmeto's website and official communication channels are a compilation of personal opinions and analyses and are not binding. They do not constitute any recommendation for buying, selling, entering or exiting the stock market and cryptocurrency market. Also, all news and analyses included in the website and channels are merely republished information from official and unofficial domestic and foreign sources, and it is obvious that users of the said content are responsible for following up and ensuring the authenticity and accuracy of the materials. Therefore, while disclaiming responsibility, it is declared that the responsibility for any decision-making, action, and potential profit and loss in the capital market and cryptocurrency market lies with the trader.