Bought my own bag ( that I sold in November) . Hold as long as it stays above the support-line.
WHAT I LEARNT 2 YEARS OF TRADING IN THIS CRYPTO MARKET!
1 ) Weekly open –close above MA 20 ( bullish trend)
Weekly open –close below MA 50 ( Bearish trend )
Super Bullish : The candle is above MA 20 ( Daily )
Bullish : MA 50 Above MA 100 ( Daily )
Bearish : MA 50 below MA 100 ( Daily )
2) If it breaks the daily trend line with a strong candle, it is the easiest buy / sell signal.
3 ) If your main job is trade ( making the money to survive - cover the cost of living ) , dont focus 1 minute , 5 minutes, 15 minutes, 45 minutes charts! Never!
Only check 4 hour / 1 day / 1 week in crypto!!!
When the break came almost all of the crypto coins had been hurt or fractured. It was now a question of estimating how sick the cryptos were and how long their sickness would last. I reasoned that if a crypto has fallen from 10 to 1, it will almost certainly not climb up to the same high again for a long, long time. It was like an athlete with a badly injured leg who would need a long period of recuperation before he could run and jump again as before.
Target? The charts speaks itself!