"It's Death Cross, but you trade it the wrong way."
📗 EDUCATION: Death Cross indicates a Bearish trend, but most people trade it the wrong way. All profitable strategies want to buy low and sell high. So, the Bearish trend should be when you buy, and you will sell in the Bullish trend. Also, Death Cross's a lagging indicator, which means FUD already hit the markets. Now, low prices make excellent buy opportunities.
Another lagging indicator is the Golden Cross, which indicates a bullish trend. You trade a lagging indicator before it happens. Since a Golden Cross follows every Death Cross, now, you want to focus on buying before the Golden Cross happens. While the uneducated masses FUD about Death Cross, professional traders focus on the upcoming Golden Cross.
Do you follow the herd, or do you follow the professionals?
📊 KEY POINTS: - Bears Lost Their Momentum - Smart Money Left Shorts - Smart Whales Are Bullish - Bulls Broke Up Bearish Channel And Established New Price Support Line - Downward Price Support Line Holds With Retest - Local V-Shaped Recoveries - RSI Found Support - Funding Rate Favors Longs - Excellent RRR: 400% - There Are Too Many Dumb Shorts
🌌 OUR SIDE: POSITION: Long LEVERAGE: x10 ENTRY: $32 000 STOP LOSS: Daily close below $29 900 and staying there for six hours TARGET: $40 000
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🌌 OUR SIDE: POSITION: Long LEVERAGE: x10 ENTRY: $32 000 STOP LOSS: Daily close below $29 900 and staying there for six hours TARGET: $40 000