Sunday, July 3

DOGE Overheated: 5 Times Crypto Traders Were Warned Before Their Assets Sunk By CoinTelegraph

© Reuters. DOGE Overheated: 5 Times Crypto Traders Were Warned Before Their Assets Dipped

Everyone loves a bull market for cryptocurrencies, but each green wave inevitably gives way to periods of lateral or downtrend movement.

Savvy traders know that these phases of the market cycle can also be fraught with profit opportunities. Anticipating not only bullish price movements of a digital asset, but also declines and corrections can be useful when deciding when to exit a position and lock in profits, as well as helping to increase profits by shorting crypto assets whose prices go down.

In addition to a good eye and common sense, data intelligence tools can help you anticipate price drops. An AI-powered indicator that can help investors see the signs of an upcoming decline is the VORTECS ™ Score, available exclusively to Cointelegraph Markets Pro members.

Read the full article on Cointelegraph

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Reference-es.investing.com

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