OP if u want to use only Trend Lines for your analysis you should maybe try and drawing them in a broader, so historically further back. Also, try and come up with more positive confirmation than just the lines :)
lluiszardoya
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@pashqual, This is how I trade and how it really has worked for me over the years in other markets. However, I agree that lines must be drawn from a bigger picture, but just so that you know, I don't speculate actively in cryptos. I only trade them month to month and not really upset about not buying at the perfect point as I will just hold until they hit TP. A very small amount of my portfolio is on cryptos so I don't want too much of a headache... hahah
Have an insane year and thanks for your comment. :)
pashqual
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@lzardoya, Thanks buddy. I started learning technicals in crypto markets. Difficult at first but once you're played into them it's nice. Will give you a headache for sure(!)
I wish you an insane year ahead aswell!
UnknownUnicorn2103617
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I think it needs to plateau a while to meer historic trend, but overall... yes we are going back to the bulls, AND we have MAJOR mid to long-term market signals and media positives coming at us from every angle, it's actually quite insane when comparing with other crypto-tech out there.
UnknownUnicorn2103617
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@dukesofhazard, *** meet (typo)
lluiszardoya
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@dukesofhazard, Exactly! Thanks for your opinion!
PNUTTY
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Yeah I look the looks of the last few candles
lluiszardoya
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@PNUTTY, Apparently not too really relevant on cryptos.
PNUTTY
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@lzardoya, how do you mean ? you mean it's better not to look at hourly candles and just focus on day ?
Like your charts by the way. You inspire me to use trend lines much more.