Sheesh just explode.... smh so we have a little downside here and it should breakout about or around 8pm... DO NOT EVER FOMO UNLESS YOU ARE CERTAIN OF YOUR TP's AND STOP's. So I charted this beautifully and was busy at the time not realizing how fast BTC moves and I missed the original entry I made for myself. Had I got in at my original price I wouldn't have lost...
A litle Dow Theory in the Crypto Markets. Seen like a whole market is at its peak, both group 1 and group 2.
And YES, I think the Crypto Markets has not yet detached from TVC:SPX , NASDAQ:AAPL , etc...
Be Careful.
Group 1 (The Old Guard)
BITFINEX:BTCUSD
BITFINEX:ETHUSD
BITFINEX:LTCUSD
Group 2
BITFINEX:XRPUSD
BITFINEX:XLMUSD...
Hello, traders.
See how to identify overbought charts with Bollinger bands indicator.
Bollinger bands consist of three lines that plotted in the chart. The line in the middle is usually a simple moving average configured for a period of 20, typically default for Tradingview.
The up and the low Bands are defined at two standard deviations away from the central...
