Chartology --- Theta ... look at how HVF could have saved you.
Just throwing this old chart up
I actually made some successful trades to the down side
post the 2021 Bull market top
But that's not the point ...
Imagine having a price methodology in your toolbox
that could have let you simply walk away and move to the sidelines.
And sit out that massive drawdown and the pain of witnessing your bags go down over 90%
humans are simply not wired for that type of pain.
and the best bit,
being able to pick up Theta all over again under a dollar.
Also note how those previous bear targets are now becoming key pivot and resistance points on the way back up ...
TheCryptoSniper
I actually made some successful trades to the down side
post the 2021 Bull market top
But that's not the point ...
Imagine having a price methodology in your toolbox
that could have let you simply walk away and move to the sidelines.
And sit out that massive drawdown and the pain of witnessing your bags go down over 90%
humans are simply not wired for that type of pain.
and the best bit,
being able to pick up Theta all over again under a dollar.
Also note how those previous bear targets are now becoming key pivot and resistance points on the way back up ...
TheCryptoSniper
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.