To figure out the buy spot i used the golden ratio, made a notation of all the high probability buy zones. In bitcoin’s case it likes to pull back to the 78% Fibonacci a lot. Also i wait for a bounce on my Fibonacci retrace level for confirmation. I use a RSI reset to before I buy. It takes a lot of patience, but it’s worth it!
To figure out the buy spot i used the golden ratio, made a notation of all the high probability buy zones. In bitcoin’s case it likes to pull back to the 78% Fibonacci a lot. Also i wait for a bounce on my Fibonacci retrace level for confirmation. I use a RSI reset to before I buy. It takes a lot of patience, but it’s worth it!
Besides patience, I think need to know these indicators. Experience, knowledge, patience ... hard.