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DCA

Will Bitcoin Repeat History or Continue The Cup N HandleFalse Break Out Or Cup N Handle Continuation 1. Bitcoins most recent price action is looking pretty similar to what we experiened back in 2019-2020. 2. Bitcoin is also showing signs of a large Cup and Handle pattern which you can clearly see on the weekly. 3. If the Cup N Handle patter decides to continue playing out. I will continue my plan to just DCA on a weekly basis. 4. If History does decides to repeat what happened in 2019-2020. I will still continue to DCA weekly on the way down. BUT Wait until price falls into my 62-87.6% Fib Zone or $37,750-$22,500 to start Doubling Down on my DCA 5. My Plan is keep my blood pressure low not to predict the tops or bottoms. But to put myself in a good enough position no matter the market direction. And to continue my simple strategy to DCA. Thank You and God Bless.
COINBASE:BTCUSD
by straightrawmedia
Bitcoin short term timeframe and longI went a little short. Pretty tight up on the underside of that 200 for bitcoin, if I dare say so myself…I just jinxed it, didn’t I? …shee!t…lol Sold some MSTR as well today in the after hours. It gave a tiny polite pop this time to let us get some out 😊 I’ll dca fully back in inside a week or two. Bitcoin chart…same range, but I trimmed some this time at 63. I was tired of watching that damn chart range for months and just holding my pp. My average was from 2023 so I thought ‘why not try for a bit’. I have alerts set at 59 and 57 to place the proceeds back in. I think this might be the last downturn for BTC honestly. Buying from now till Halloween is going to feel real nice for anyone in 4 months. The blue arrow points to Batman in the RSI. Yep, there he is…top 3 best head and shoulders RSI Batmans of all time. Take care all, MR
by Mr_Robbers
Is the crash here?Throughout all of social media and YouTube I've been seeing many people panicking if weather or not we have topped and should start selling. One thing that I've learned predicting mayor world events is to: always play it on the safe side when dealing with uncertainty. Instead of shorting the market, I prefer reducing my exposure, as short trades are extremely risky, and I've personally learned that the hard way. It is true that price action is now at an infliction point. With a vast amount of stocks entering a downtrend in such a harsh manner. It is not hard to see why everyone is panicking. Do I think this is the crash we've been waiting for? Perhaps it is, but I can't tell with certainty because even tough price is over extended, it does have a lot of structure supporting it. The reason we are at an infliction point is due to the price action reaching the 25MA which many times is used as support or resistance and going below this threshold would for sure confirm a downtrend and with my Mean Returns indicator the story is the same. We are seeing a loss in momentum after having a very bullish push in the last years. With all the recent news in the U.S. election, it is fascinating to see the market react to these mayor events. These do change the scope of how the market should behave, as a lot of uncertainty has just been introduced to the U.S. population in general. This lack of knowing what the future hold in store is what I believe to be the driving force of this recent downtrend. Combined with increasingly worsening economic fundamentals is what will give us the crash we are waiting for. But before making a decision on how to trade, it's important to consider all possible outcomes. Which is exactly what you can see in the graph. Where I've marked what different price action would mean to the economy and the market in general, as well as setting a trading plan for all of these outcomes. This type of panicking is what leads me away from using stop losses. People panic and push prices violently. However, many times the analysis was correct from the start but hitting a stop loss gets you to close your position prematurely. That's why I define several entry levels and dollar cost average since the beginning. Using an equation to determine how much should I invest, at which levels to determine the correct amount of exposure to avoid missing out and to always have a favorable average price.
CME_MINI:ES1!
by DarkMessiah777
BTC/USDT WILL DCA WHALES EXPLODE BTC AFTER 74K TO 100KThank you for reading this update. Bitcoin (BTC) appears to be in a crucial area known as the Dollar-Cost Averaging (DCA) whale protection zone. This zone is significant for maintaining the current trend, as it acts as a security zone for the ongoing DCA cycle, which remains intact. We have been tracking BTC since it reached $53K and are now monitoring it as it approaches the next target of $74K. If BTC can confirm a move to $74K, there is a high likelihood of a major breakout to $100K. We find it essential to stay updated with the volume trends and observe the cycle's progress. At this moment there is no confirmation for a breakdown trend and BTC stays positive and into the cycle. Data shows that high-volume DCA whales are not investigating for just the short term, it's a goal that can take at least 6m+, and this can be tracked depending on the transaction data. * With DCA whales means the known large firms and the unknowns holding wallets.
Long
by SatochiTrader
7
How to dollar cost averge with precisionI've seen several dollar cost averaging calculator online, however there is something I usually see missing. How many stocks should you buy if you want your average cost to be a specific value. Usually the calculators will ask how much you bought at each level ang give you the average, but not the other way around (telling you how much to buy to make your average a specific value). For this, I decided to make the calculations on my own. Here, you can see the mathematical demonstration: www.mathcha.io
NASDAQ:TSLAEducation
by DarkMessiah777
CSPR Highly likely to hit new lowHi there, it's not a surprise to see the market go even further down, although I was suspecting to see some sort of a minor pump across the board in Q4. but this seems less likely for the time being, I can see one more, possibly two lower lows forming for Casper labs token to the downside. Keep in mind from the EWT, we are having the 5th wave which is definitely will bring new ATL = All Time Lows for CSPR. you can see the first price area is about 1 cent range +-. If extended and BTC tumbles even below 10K, expect the 2nd area probably to be met for CSPR. I will start DCA in around 1.1-1.5 cents
Short
by ShadowDNA
9
DCA - is for those who do not like to be nervousIn the fast-paced and often volatile world of cryptocurrency, finding best investment strategy can be a daunting task. While many traders seek quick gains through active trading, a more prudent and less stressful approach exists: Dollar-Cost Averaging (DCA). What is DCA? DCA is an investment strategy that involves investing a fixed amount of money into a particular asset at regular intervals, regardless of the asset's price. This approach aims to reduce the impact of market volatility on investment returns by averaging out the purchase price over time. Why is DCA the Sleep-Well Strategy? DCA offers several advantages that make it an ideal strategy for investors seeking long-term growth and peace of mind: Emotional Discipline: DCA eliminates the emotional decision-making that often plagues traders. By investing consistently, regardless of price fluctuations, you avoid the urge to buy high and sell low. Reduced Risk: DCA averages out the purchase price, reducing the overall impact of market volatility. You may buy some coins at higher prices, but you'll also benefit from lower prices, evening out your investment cost. Long-Term Focus: DCA encourages a long-term investment mindset, discouraging impulsive decisions based on short-term price movements. It's about building wealth gradually and consistently over time. DCA vs. Trading: DCA stands in stark contrast to active trading, which involves buying and selling assets frequently to capitalize on short-term price movements. While active trading may appeal to experienced traders with high-risk tolerance, it often leads to emotional decision-making and can be time-consuming and stressful. DCA: A Proven Strategy with Remarkable Returns To illustrate the effectiveness of DCA, let's examine the returns of some prominent cryptocurrencies over the past few years, assuming a monthly DCA investment of $100: Bitcoin (BTC): Investing $100 monthly in BTC since January 2019 would have yielded a staggering 112% return, with a total investment of $12,000 growing to $25,440. Ethereum (ETH): A DCA approach for ETH since January 2019 would have resulted in an impressive 770% return. Solana (SOL): DCA into SOL since January 2021 would have generated a remarkable 304% return Fetch.ai (FET): Investing $100 monthly in FET since January 2019 would have yielded an exceptional 776% return Understanding the Coins: Technology and Applications Bitcoin (BTC): The world's first and most popular cryptocurrency, Bitcoin is a decentralized digital currency that enables peer-to-peer transactions without intermediaries. Ethereum (ETH): A decentralized blockchain platform, Ethereum supports a wide range of applications, including smart contracts, decentralized finance (DeFi), and non-fungible tokens (NFTs). Solana (SOL): A high-performance blockchain known for its scalability and speed, Solana aims to provide a faster and more efficient alternative to Ethereum. Fetch.ai (FET): An AI-powered decentralized platform, Fetch.ai facilitates the development of autonomous agents for various applications, including open marketplaces and data monetization. Conclusion: DCA is a powerful investment strategy that allows individuals to build wealth in cryptocurrency while minimizing risk and emotional stress. By consistently investing fixed amounts, regardless of market fluctuations, DCA investors can reap significant rewards over the long term. Embrace DCA, sleep well, and let your investments grow steadily towards a brighter financial future.
Education
by Yaroslav_Krasko
PolkaDot. In The Golden Pocket.Market Cap 6.9 Billion Up a cool 2,600% before a RSI Bearish Divergence + the "Incredible Sell" , price retraced to the 0.5 fib level, before rallying again to its high of $55. Price has since corrected 88% and finds itself in the Golden Pocket. We also have our first "Incredible Buy" Signal + Stochastic Oversold. Does that mean the bottom is in? Don't know, I don't try timing the tops or bottoms. Long Term bulls should DCA (Dollar Cost Average) with re-entry at $4, which is the 0.786 fib level , some big Volume Profile can be found there. Can price drop further? Most definitely! Speculative Setup, DYOR. Allow 3-18 Months For all Crypto Ideas. Credit to @without_worries for allowing use of indicators.
Long
by bL1TZZ
2
Bitcoin TA - Upside Zones, Downside DCA Zones, Key LevelsWelcome to my Bitcoin TA where I go thru just the chart from a high level looking for areas of trading opportunities. The foundation of this whole video comes down to this: I'm of the opinion Bitcoin will get above 100K. So I'm doing TA on where to put my entry zones. - 1st Entry hit at 59,872 I'm out of all swings and also looking for swing entry zones. I've shared this chart with all drawings organized in folders and such. I keep this updated and will share on future updates. This covers all VCs, significant levels, anchored vWAPs, key pivots, and more, all organized in the object tree: www.tradingview.com Here's what we cover in the video... If Day RDA holds The first thing we cover is if the current test of the Daily RDA holds what the upside trade looks like. I identify the upside zones and key levels that I would watch and trade around. The RDA ( RexDog Average with ATR ) is a bias and reaction zone indicator found here on TV, usage in description. Pull Back Scenarios and DCA areas RDA Week Projection Print - We cover the upside print of the week projection of if the all-time high is broke where we can expect the market to hit. Immediate market view - I also dive into the immediate Market View using the 30 minute time frame, which I call the structure time frame. the key element there is that we are right at the mid control for the day. Bias and Momentum - from here we cover buy us a momentum from a daily and weekly time frame. Current Value Channel - we also talk about the key levels of the current value channel that BTC is trading within. Anchored vWAPs - I also dive into anchored V waps from significant highs and significant lows. one of the major things that came about in this analysis was we are in a fight between the most recent significant high and low anchored vWAP. those levels couldn't be any more clear RSI Signal Zones - we also dive into the RSI signals and the triangle pattern. currently waiting for a green triangle to complete the triangle pattern otherwise it looks like based on the RSI we could see more downside. Best Crypto Trading Timeframe - I also share the single best time frame to trade crypto on especially for swing and long-term trades.
INDEX:BTCUSD
by RexDogActual
Microvast DCA opportunity emergingFor NASDAQ:MVST , wait till a day after the quarterly results are out (01 Apr 24). If the price is heading down from that date and the resistance level, then wait until either the RSI is at 30 or the price reaches $0.55. And then start DCA for a long term hold. If after the quarterly results the price starts a flag pattern, see the trend of the RSI and start the DCA if it reaches 30 if the RSI trend is downwards. Otherwise, if the RSI trend is also sideways, begin DCA. If after the quarterly results the price breaks through the resistance then start DCA then. Depending on the candlestick patter might be best to wait 3 days to see if the price falls but then if the pattern and volume is strong then the move might be a large one and best to start DCA immediately.
NASDAQ:MVST
by slip_stream
1
UniSwap- MFI EXTREMLY Oversold. Bulls Load Up. Market Cap 3.1 Billion Up a nice 2,400% before the RSI Bear Div and the "Incredible Sell" prints. Price has corrected 92% since and was gobbled up from the 0.786 fib level. Big Volume Profile in this range with POC around $3.80 Weekly Heikin Ashi Money Flow Index sits at 0.11! Stochastic Oversold. Long Term Bulls should now DCA. Could it drop further? Sure. I don't try timing tops or bottoms. Speculative Setup, DYOR. Allow 3-18 Months For all Crypto Ideas. Credit to @without_worries for allowing use of indicators.
Long
by bL1TZZ
RUNE TWO ZONES FOR DCAA coin that made a return of 7x and which, in my opinion, is fundamentally very high quality. The zones I'm looking at for entry because more things match: the bottom of the range from February 5, 2021 to June 5, 2022. Immediately a little below the weekly level plus 200DMA. That's a 65% discount to take advantage of. Of course, there is also the last zone of demand at $2.3, but I don't know if it will come and I don't want to miss it like last time. If you like this free content, hit that rocket and check out some more of my analysis
Long
by learnfromfailure
18/12/23 Weekly outlookLast weeks high: $43813.15 Last weeks low: $42006.79 Midpoint: $40200.42 BTC spent the previous week chopping sideways for the majority after failing to continue its bullish structure on the 1h timeframe. For now we're seeing a pullback of ~10% which has allowed profits to rotate into other areas of the market, predominantly smaller cap L1's and other narrative plays such as AI, RWA & gaming coins. The market has needed a pullback/correction after near relentless run. As we near the ETF approvals and the halving volatility will only increase from here. Buying double digit drawdowns on these projects and holding long term is a good way to DCA in for this Bullrun. see my last post for the big picture Bullrun setup. If we see price drop before weekly low and print a new lower low the next support is 38K and 32.5k lower than that for great long term entries.
INDEX:BTCUSD
by ProR35