Crypto taxes reddit
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Step 2: Choosing a Crypto Pair and Timeframe Select a cryptocurrency pair you want to trade and choose a timeframe for your analysis. Depending on the market's direction, the middle band can also serve as a support or resistance level. The trader then employs the information obtained to make various trading decisions. If the price retraces to the middle and then moves back to the lower band, you can say the trend is still strong.