Google it... Learn it. Apply it. That is the ONLY WAY you will become a successful trader.
I'll be fully honest here, it's only very recently that I have finally mastered the process of recognizing the continuation patterns that we are in and utilizing them for profit.
How many of you would be comfortable with going in on 100x leverages? You know why? Because you really don't know what the price is going to do - UNTIL you recognize that they are nothing but repeating and changing patterns of continuation. Once you have mastered recognizing the pattern, you will be able to do very high leveraged positions SAFELY and PROFIT QUICKLY.
You're looking at a guy that has spent nearly $30k in debt because I went into a market where I didn't really know how to trade, what to look for, or really anything. I kept losing TONS of money... I mean TONS. I was bleeding money. Nearly financially insolvent.
Last week, it all finally clicked. My 2 year foray into the volatile markets of crypto I have finally come to the point where I can safely leverage at 100x and KNOW that I will profit from it. Today marks the 5th day in a row where I have had numerous high leverage trades and every single one of them successful... Once again, at 100x leverage...
Learn the models of continuation. Apply it to your charts. Profit. Take the guessing game out of your trades. You will finally actually know what ANY crypto will do safely and effectively.
The idea I'm posting is a continuation model that's likely unfolding where we are seeing higher highs and lower lows. It's called an expanding triangle. Also understand that, IF this continuation model proves true, we are in fact going to see 3100 within the next 24 hours or so. It's a guaranteed fact.
I will be updating this as the prices prove the continuation model. Also understand that the triangle is NOT to scale. The short position you should be looking for will fall within the final resistance structure of the of the expanding triangle. Once again, as prices move, I will update. Do not be in ANY position currently because your shorts and longs will be rekt and you will be chasing the price action up and down because this continuation model is meant to confuse.
I will update this before I go to sleep, and hopefully we will have some more data to prove this continuation model.