In essence, lots of coins are in wedges right now, and have been since more than a week or two, or more.
We had a few breakouts which usually faltered after a day and little gains... so there's a few coins, like about 5 %, who will unexpectedly shoot here and there (ah no, not unexpectedly as basically ALL are expected to shoot) but the majority won't - as long as you don't patiently wait for it to happen, and while the wedges keep getting longer.
You might be better off day-trading, just watching candles and reacting fast in this sort of market. No need to wait for something to happen.
His analysis does not take into account time
OK, then just buy at around 60? :)
check out the laddering tutorial :)
In essence, lots of coins are in wedges right now, and have been since more than a week or two, or more.
We had a few breakouts which usually faltered after a day and little gains... so there's a few coins, like about 5 %, who will unexpectedly shoot here and there (ah no, not unexpectedly as basically ALL are expected to shoot) but the majority won't - as long as you don't patiently wait for it to happen, and while the wedges keep getting longer.
You might be better off day-trading, just watching candles and reacting fast in this sort of market. No need to wait for something to happen.
Cool. Thanks a lot for your answer.
honestly hope you haven´t.
https://steemit.com/haejin/@truthtrader/haejin-6-months-accuracy-rating-day-15-5-day-14-accuracy-12-50
Well, I did buy some small amounts of several altcoins. Then they dropped. Now I am waiting :)