Reading other people's TA/charts on Twitter/Telegram
Pros:
- might learn something you didn't know before
Cons:
- might form a bias, 'group thinking' etc
Different ends of the spectrum:
Entry when the price is at an area of value = requires patience.
Entry when the price is breaking out/has momentum = spur of the moment.
Different ends of the spectrum:
Entry when the price is at an area of value = requires patience.
Entry when the price is breaking out/has momentum = spur of the moment.
Different ends of the spectrum:
Entry when the price is at an area of value = requires patience.
Entry when the price is breaking out/has momentum = spur of the moment.
Minimal risk, maximum profit trade setup:
set bid at the daily support level. once bids are filled, move stops above entry once price bounces.
enjoy the upside, while having virtually no risk.
on the other hand, you can't do this if trading breakouts.
Minimal risk, maximum profit trade setup:
set bid at the daily support level. once bids are filled, move stops above entry once price bounces.
enjoy the upside, while having virtually no risk.
on the other hand, you can't do this if trading breakouts.
Minimal risk, maximum profit trade setup:
set bid at the daily support level. once bids are filled, move stops above entry once price bounces.
enjoy the upside, while having virtually no risk.
on the other hand, you can't do this if trading breakouts.
@DrCryptomus Ah, that's a bottom too. 4h Bollinger bands still expanded.
Maybe if it was pinched tight I would be more confident of a breakout/breakdown from this 40.6k-42k zone, but at the moment, it'll probably keep ranging in there until the Bollinger bands tighten again