Soon I will make a tutorial on how to access On-Chain data, how to interpret it and use it to your advantage.
Julião Oficial
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🚨 Stop Guessing the Bottom! The Secret to "Buying the Dip" Safely (RSI + On-Chain) 🐋📉
Have you ever bought Bitcoin because it "seemed cheap" after a drop, only to see the price fall even further? This happens when we look only at the chart and ignore what's happening behind the scenes. Today, I'm going to teach you a simple strategy to filter false entries by combining Technical Analysis with On-Chain Analysis. 1. The Common Mistake: Relying solely on the RSI Many traders see the RSI (Relative Strength Index) below 30 and think: "It's oversold, time to buy!". Beware: In strong downtrends, the RSI can remain "oversold" for weeks while the price melts down. The RSI indicates that the price dropped quickly, but it doesn't guarantee that it has stopped.
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