I Keep Missing The Bitcoin Pullbacks...Who Keeps Buying The Pullbacks

in LeoFinance2 months ago (edited)

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I would like to add a bit more Bitcoin to my portfolio, but I keep missing these quick pullbacks, only to see price move higher by the end of the day. I refuse to chase price because I don't want to form bad habits. But instead, I must use positive thinking in my trading. Believe, which will become thoughts, my thoughts which will become words, my words which will become habits, my habits which will become my values, my values which will become my destiny.

So if I'm not buying these quick sharp pullbacks, who is...find out in the video.

https://cryptonews.com/news/this-is-the-main-story-in-bitcoin-now-according-to-pantera-c-8379.htm

https://cointelegraph.com/news/bitcoin-price-dips-below-18k-time-to-watch-these-whale-cluster-support-zones

MY TRADING METHODOLOGY IN A NUTSHELL BELOW

I’m a supply and demand trader. The premise of supply and demand trading is when the market makes a sharp move up or down the large institutions i.e banks/hedge funds are not able to get their entire trade placed into the market, leaving pending orders to buy or sell at the zone with the expectation the market will return to the zone and the rest of their trading position will be filled.

I use multiple time frame (MTF) analysis to improve my discretionary trading decisions. MTF analysis involves analyzing the same asset on multiple time frames. The rule of thumb when using MFT is you want your charts to scale down/up by 4X – 6X. In my case I tend to look at:

Monthly Charts (curve time frame) – which represents that jet fighter flying over the football stadium.
Weekly Charts (trend time frame) – which represents the concession stands looking down at the field.
Daily Charts (entry time frame) – which represents being on the football field with the player.
4 Hr Charts (entry time frame) – which represents the center hiking the ball to the quarterback.


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You should know that most people are stuck on coinmarketcap looking for when these pull backs will eventually happen and when it does that immediately but it all up before you even realise BTC did a pull back lol.

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It's been a crazy two months for btc bulls.

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Haha hell yeah, nowadays FOMO is all I keep getting