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Buying Bitcoin

ที่อัปเดต:
I am thinking about buying BTC , due to the oppertunity emerging in the market right now. I have found three indicators that i find useful on this buy in. I am using SMA (but a weird tradingview version of it, but it still does the job), elliot wave (i dont like using it that much because it is very user interpretad) & last but not least trend lines .
As you can see there has been two large waves of bitcoin but i dont think that interrest of this product is gone and Bitcoin has huge potential in the future. This is why i am deciding to buy the coin, both because of the price right now and also potential for the future.
The only thing that i need is a good entry price. The way i think that i can get the best price with the best confirmation, is to follow the moving average. It is now at a critical moment because the actual price is now touching the moving average. I see two things happend, one: the price falls before surpassing the trend line. Two: the price exceeds the SMA and goes to the top of the trendline. If the price exceeds the SMA i am buying.
I am setting my stop loss below the trendline if i get into the trade.
I am not a professional crypto or stock trader, so please do your own due dilligence
Best regards
Mathias Falch
ความคิดเห็น
The price hasnt exceeded the SMA, but there is still hope. I will keep checking the price, i will notify if it exceeds.
Elliott WaveMoving AveragesSupport and Resistance

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