this is what I'm waiting for ...I will sell EU as a short term trade then buy and hold for a longer period
Retrospective look at $BCRX: 1. Gap down to lower low aligning with oversold signal on RSI (Blue Circle). 2. Continued downtrend forming Descending Triangle (Pink Dashed) following hypotenuse resistance line and flat support line. 3. Double bottom then forms (Green Box & Dotted Line and Orange Arrow) within the converging trendlines. 4. Simultaneous bullish...
Hindsight Pig-Peg's are not as impressive as foresight Pig-Pegs. Even incorrect foresight Pig-Pegs (see all prior Pig-Pegs) are more impressive than anything made in hindsight. Why do this then? Because I think it may provide crucial information for future market rallies. Broadly speaking, this may also offer some insight into the true nature of reversals, and...
We may be coming up on a critical time where a year from now you will either say "I'm glad I bought BTC at that time" or "I wish I would have.... "
link to external chart with what im talking about since im a trading view noob imgur.com New trader, mostly just publishing an idea to get something out there. Looks like in hindsight when the entire asset class is making large % moves upward for days at a time it would make sense to view the upward moves and the challenging of resistances in this under rated...
THE CLASSIC PSYCHOLOGY OF A MARKET CYCLE. WE SEE THESE EMOTIONS THROUGH RETAIL INVESTORS WORLDWIDE. MAKE SURE YOU HAVE 20/20 HINDSIGHT ON GOLD BEFORE YOU GET CAUGHT IN THE HERD. REMEMBER, NO BIAS. @YUNGFINANCE