About meA jack of all trade. Been battling markets for over 2 years now. A-lot of school fees have been paid learning but that's what it's all about. Finally been getting the upper-hand thanks to all the great people willing to share their knowledge!
Greetings all. Hope all is well.
Sniffing around for plays I encountered this nasty symmetrical triangle. Too good to be true, maybe, but it looks so fine ;).
I haven't been up too date with fundamentals so any comments regarding that would be much appreciated.
Symmetrical triangles can go either way so be wary. The dotted line is the width of the last move ...
Cardano has been consolidating from the previous sell off this weekend and it might be coming to an end. The consolidation is taking form of a symmetrical triangle. Nothing fancy but they are at a pivot point so it will determine if this is a longer term rally. They broke the pattern for a few minutes right on the next hour candle so it looks like ...
Hope all is well!
So wow what a week for crypto. Seems the bears are still in control and braking every major line with ease. Personally I do not feel comfortable to be in the crypto market for too long so I just play the brakes and then get out. After mid November we've seen a stall in buying power and the bear continuation was confirmed ...