I put this up because I see people making charts and trying to bend it to see what they want, not what it's showing them. So I try and make it clearer for you all. Give you some insight and whatnot. It's not an argument that it's going up. If you're already in the trade no one is saying to sell. But if you're someone on the outside looking to get into the trade. That will be your very best opportunity at that price point. I know it seems far but when the king starts moving everything gets up in the air. That's another reason to not get into a trade early because you get a ton of market exposure and this is a very very volatile market. Be careful when trading and holding Long positions.
@pwdzongoku, if you zoom out, on the weekly, we are a bullish ascending channel. this chart is way off. not any disrespect tho we all can learn in this space.
@OfficiallyBrady, and you'll see in the comments that i mentioned that it may hit 400 before descending. Brady I do look at weekly charts but not too closely and I'll tell you why. I don't like exposure to the market. I am not trying to be in a trade for weeks or days even. Ideally several hours to a couple days max. That way I am not exposed to the market (BTC). Good luck though sir. I don't see the future, I just read the charts.If I am not personally in the trade then numbers will be looser but discernment is the same.
OfficiallyBrady
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@doncazper, sorry it was a long trade, normally you decide to go long for a couple of weeks to months, crpto is fast so i understand a lot of mislabels in this space, goodluck
doncazper
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@OfficiallyBrady, none taken
looks like my 400 wall was spot on though...
doncazper
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@pwdzongoku, you got 3 lower highs in a row. and you wanna say uptrend? you can hold your coins for weeks at a time and live through the up and down of bitcoin market. or u can learn your zones and max out profits. you do you. ill do me ;-)