Calming the StormUp? FOMO? Higher? MOON?!?
Down? Bear? Crash? DJIA?
There is a ton of nonsense out there guys. A ton of people trying to tell you how to trade. Whatever side you're on, I think you should hang out. Things are starting to look like there is some positivism back in BTC. If you're long here, stay long -- I don't see anything to turn you around.
If you're short (God bless you) I don't think I'd be holding a short position here...but you have some data on your side.
Being neutral is OK. Waiting for the confirmation before you jump is perfectly acceptable - there are others with you.
Lets look at it together and see how we "feel" about BTC!
Activetrade
Formulating a Strategy - BTCHow do we make a strategy?
Get your Pencils out yall! We have to look around, take a look at the history, and see how we can capture some profit in the asset class. Its important to formulate a strategy by letting the chart show you what indicators worked historically. Some people like to use indicators like crazy and THEN backtest them. Perhaps that works...
We're not doing that today. Today, we're going to let the chart speak to us; and then we're going to come up with a hairbrained idea based on what the chart has to say. We can polish that idea later, the important part is to give ourself a simple framework to work from.
Lets do it!