I think the volume was all fake on this initial chart of AION that was posted here. This was leading to this false setup. Crypto is unregulated. And as a result, trades like this one can fail pretty hard. I hope you all had some proper stop losses in place. Because AION is down 70%+ from this initial call.
BTC did also break down today. And to be fair, I think BTC will go into another downtrend. We will most likely re-visit lower lows again. It's just not the same market as it was 2017. You are trading against sharks this year. They just want your real USD money. Big players most likely unload big BTC positions. This could be a reason for all this "bart-simpson-pattern" that started to appear this spring. I advise all noobs to stay out of this market, and/or set proper stop-losses in USD value for all your trades. Invest what you are willing to lose.
HODL is not the proper way forward. And you will end up bag holding crap coins for the rest of your life.
HarDarK
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To enter into a deal is not too late?
TraderHase
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@HarDarK, well, now it's for sure better than two month ago :)
BTC did also break down today. And to be fair, I think BTC will go into another downtrend. We will most likely re-visit lower lows again. It's just not the same market as it was 2017. You are trading against sharks this year. They just want your real USD money. Big players most likely unload big BTC positions. This could be a reason for all this "bart-simpson-pattern" that started to appear this spring. I advise all noobs to stay out of this market, and/or set proper stop-losses in USD value for all your trades. Invest what you are willing to lose.
HODL is not the proper way forward. And you will end up bag holding crap coins for the rest of your life.