Omg token is about to make a move down to revisit the two dollar region. Sell short now and move into xlm and grt which are geared up to 3x. When omg rallies after this looks it should make around a 2x move. It a great chance to 3x then 2x investments. Even if you don't already invest in any of these coins.
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I'm always glad to look at any chart you may have questions about. feel free to message me if you would like an invite to my discord.
Why do you think om omg will go to 2 dollar, did it not visit 2.0 dollar already? RSI daily is not overbought.
thecardiak
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@Funfunction1, He likes losing money, BTC is going into what looks like a symmetrical consolidation pattern that should last roughly 10 days or so depending how deep into the pattern it runs. Alts will start popping off during this consolidation as money bleeds out of BTC and looks for fast gains in the ALT market.
zachmuth06
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@thecardiak, I still short and profit both directions
zachmuth06
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@thecardiak, it'sv called consolidating your position. I am raking in 80-150 xlm every down wave on the minutes atm
zachmuth06
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@thecardiak, learn how to capitalism or don't trade. No lol. No you only buy btc to maintain buying power in sideways market movements. I don't care which way it goes I make money.
thecardiak
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@zachmuth06, 95% percent of all day traders lose money. Something tells me those who do it without any technical analysis probably belong within that group. Want to make money? Invest more, trade less ;)
zachmuth06
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@thecardiak, @thecardiak, I'll gladly provev you wrong by teaching you my strategy. I most definitely make a lot of money either direction because I'm not stupid and I understand how to scale into your position in a bear market. Market goes up take profits. Markets down selling high buying low. Increasing my overall long position. It's a new market have a bigger picture view.
zachmuth06
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@zachmuth06, I use wave analysis the volume profile and trend lines btw that's all you need to profit and net gain up regardless of market trend
@zachmuth06, I'm fine, if your technique works for you that's great. If you put 100 day traders in a room together you secretly have 95 people who professionally lose money for a living and there's no telling them otherwise because they like what they do and expect to reverse that trend one day. You posted 10 swing trading ideas in the last 17 hours 5 of them were abysmal failures with 3 of the shorts rocketing 20%+ and 2 of the shorts taking nice 7% gains 1 long was was successful albeit only a 3% gain and 3 are undecided thus far with no movement. It's gambling and actuating your loss/gains every day.
If it works for you, then great you are part of the special 5% of day traders who out perform the market for me, this is a crypto bull market there is no reason to day trade a market where you are getting 100% gains every few months unless you are insane. Good luck dude