Sell LTC. Consolidation and downward momentum are too high a risk. Holding is not a trading strategy. Buy upward momentum.. Do the hard work it takes understand what a consolidation IS; It's people not trading anymore. Buy the upward breaks. Don't wait for something that's not coming while you draw these stupid triangles. Take the entire market into account. If you're in profit don't leave your trade open to the downside. It takes hard work. Don't accuse people of corruption if you are too lazy to learn anything and explore yourself. Don't take trading books and websites verbatim.
I'm explaining whats happening and my current sentiment which changes. Right now there are a lot of evil people, stupid people, in cryptocurrency, jumping aboard. Thankfully this bear market will take care of it.
Comment
⋅
Seriously, if the top of a triangle is pointing down. Why bother holding to the intersect? Give me a single reason.
Comment
⋅
Even if you bought the bottom of a triangle, which is dumb (for reasons I wont get into), you can sell the top. Then re-buy any upward momentum. Its just depends on your trading style, but whatever. I think I give up.
Comment
⋅
I'm gonna find a new game to play. Until things get hot; SHORT SELLZ.