TradingView
EZ89
Feb 23, 2021 12:39 PM

BTCEUR Experiment - Levels of stupidity 

Bitcoin / EuroCoinbase

Description

Top at 48K EUR:
Price was sitting at my top red-striped 'drop' line. I should have sold half of my trading portfolio. I didn't. Instead I made a new chart saying we would go up. That's plain and simple madness.
Rotation point A:
It passed underneath, which meant downward slope. I should have taken action and sell the remaining half, I didn't.
Result:
Bags and no money to buy the dip.

Now I expect price to visit the red line, so I could sell here. But is it worth it? No, I just hodl.

Comment

The green line.

Comment

It looks like it's about to jump. But what do I know.

Comment

Yes, breaking upwards for now

Comment

This graph has been very profetic.
Bear time now, next green lines around 20K.
Comments
Dancingtrader
maybe an idea to remove the old lines ... i would go crazy only looking to long at it ....
EZ89
@Dancingtrader, thank you for your suggestion. Myself, I do not get distracted by them.
More