Anytime Bitcoin starts to get volatile I've noticed the best patterns to find are the wedge.
Or the Dorito pattern as I like to call it.
These Dorito opportunities play out over and over again on a very regular basis, maybe every 2 - 3 days, and are quite effective at catching the breakouts.
Patterns of course can have fake outs where price breaks out of a Dorito but quickly reverses. I have made some rules to the Dorito which help to avoid fake outs.
It's an easy strategy to learn and lets me trade only the most volatile moments in the week. This makes trading a lot less stressful than trading the choppy situations.
The system allows you to sit back, relax and watch the meat grinding chop and let price form the next Dorito, your next trading opportunity.
Or the Dorito pattern as I like to call it.
These Dorito opportunities play out over and over again on a very regular basis, maybe every 2 - 3 days, and are quite effective at catching the breakouts.
Patterns of course can have fake outs where price breaks out of a Dorito but quickly reverses. I have made some rules to the Dorito which help to avoid fake outs.
It's an easy strategy to learn and lets me trade only the most volatile moments in the week. This makes trading a lot less stressful than trading the choppy situations.
The system allows you to sit back, relax and watch the meat grinding chop and let price form the next Dorito, your next trading opportunity.