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Seeking Alpha 2021-07-29 15:52:29

Crypto Chartbook: Bitcoin, Low-Hanging Fruit

You have to be quite creative and inventive to get to the point that market play gets easier.As no one knows for sure in which direction a channel breaks, one way to stack the odds in your favor is trading and investing across multiple time frames.For such a multiple timeframe approach you will need a multiple exit strategy like our quad exit strategy to reduce risk quickly.The idea is not to leverage or pyramid, but to increase odds and minimize risk for a more significant turning point.Now Bitcoin is hard to stop as it moved without a breather through the entire multi-month trading range within a week. We might see a second leg up coming shortly.

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