I flipped the Bitcoin chart upside-down to provide a different perspective. This isn't exactly a hypothesis that I subscribe to but I think we can certainly see that the selling momentum is at least slowing.
I'm still waiting to see which way we break out of the descending triangle before making a move, but I thought this perspective might interest a few.
To anyone who is curious, just add 1- to any ticker symbol, such as 1-BTCUSD to turn the chart upside down.
I'm still waiting to see which way we break out of the descending triangle before making a move, but I thought this perspective might interest a few.
To anyone who is curious, just add 1- to any ticker symbol, such as 1-BTCUSD to turn the chart upside down.
My goal is to find the best risk:reward setups. For instance, if you risk $1,000 at a chance to make $5,000, you can afford to be wrong 4 out of 5 times and still not lose money. I hit my targets over 50% of the time.