Cardano / BitcoinUpdated Does a consolidation period for Bitcoin favor swing trades?
Just testing here to see whether we can reliably jump out of and back into Bitcoin with specific trades. I've selected 3h timeframe here because it overlooks volatility and appears to be more predictable with respect to trends.
In this scenario, once ADA / BTC broke a downward 3h channel, nearly 12.5% upside was realized. I've set up a specific BTC pair watchlist and will be updating this idea as I work through whether or not this will be helpful in winning back some of the recent losses.
Not financial advice or recommendation whatsoever. It does however call out that there may be strategies out there you can build upon yourself to find success in the near term while we wait to regain our bull of all bulls.
In this scenario, once ADA / BTC broke a downward 3h channel, nearly 12.5% upside was realized. I've set up a specific BTC pair watchlist and will be updating this idea as I work through whether or not this will be helpful in winning back some of the recent losses.
Not financial advice or recommendation whatsoever. It does however call out that there may be strategies out there you can build upon yourself to find success in the near term while we wait to regain our bull of all bulls.
Note
1Inch - 20 EMA - using stops and limits, buy when crossing going up and sell when crossing going downFrom Coinbase: "1inch (1INCH) is an Ethereum token that powers 1inch, a decentralized exchange that aims to offer the “best rates by discovering the most efficient swapping routes across all leading DEXes.” ... 1inch aggregates token prices across decentralized exchanges in order to find the best prices for users."
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.