Fall backs by 40% are NORMAL in ATH Bull Runs Get ready to taste 25k in the coming week
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Look at the crazy volitility the last two days
For a day trader.. this is a Disney ride of joy!
For people who want to buy long, this is more a time to wait for the big fall.
For short term traders...
Locateyour coin on a chart and then look for the highs and lows of the last 8 hours. Then track BTC and see how they match up.
Find the range that the buying selling falls under.. How your coin responds to BTC
Play this kind of roulette can earn a lot of money per day. The only downside is that if a big fall happens during your trade, if you don't have a stop loss and the fall is permanent, you will get trapped.
Aave has this strange ability to recover no matter how far the price of BTC falls. It goes back to its range even if BTC loses thousands.
The downside is that it is an erratic performer. Over, then under performing and sometimes moving in odd directions as if it were on drugs.
Agree, probably further than 25k but you're not saying it won't
TradeClass
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@dRends35, the chart has 20k as a huge bounce area (look for the rocket)... and Willy Woo's theory on the 20 WMA... that too been sitting there for weeks..
dRends35
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@TradeClass, What is Woo's theory? I like him. A link to where his theory is would be appreciated if you have one?