BTC Price following Elliot Wave count so far.
BTC Price following Elliot Wave count so far.
Be patient. I had a stop loss trigger at $8550 because it looked like it was going to break the descending triangle downward, and I had to buy back in at a higher price.
The key lesson for me is that when you draw a pattern, sometimes you have to increase the margin of error. I shifted the horizontal line in the descending triangle downward when the price broke the horizontal line but jumped back up again. BTC has so many fake outs. Can't make assumptions.
Today was a weird sideways trading day. Very very easy to make mistakes, especially if the price is in a descending triangle and the bottom of the triangle is below your buy-in price.
Be patient. I had a stop loss trigger at $8550 because it looked like it was going to break the descending triangle downward, and I had to buy back in at a higher price.
The key lesson for me is that when you draw a pattern, sometimes you have to increase the margin of error. I shifted the horizontal line in the descending triangle downward when the price broke the horizontal line but jumped back up again. BTC has so many fake outs. Can't make assumptions.
Today was a weird sideways trading day. Very very easy to make mistakes, especially if the price is in a descending triangle and the bottom of the triangle is below your buy-in price.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。