Those philosophical thoughts are mostly not written in any books. I have learned them over the years doing numerous mistakes.
1000-2700 do seem big. But if you measure the daily volatility of hive during the only rally and drop it fashioned, you will see it is reasonable. During the rally; April 24-26, and the drop April 27-28; the price range was higher than my green box. That is sort of the rational behind the big range.
Also technical hive consolidated in range before the spike rally, so value proposition suggest I buy in that range.
Again, I am not predicting the price will go to that range. I have never done prediction in my life on any instrument. But I am simply saying, if the price goes in that range, I will be looking to buy.
My trading is basically a series of if-then statements! Now I see someones eye lighting up! :)
Yes, that's why I appreciate these posts over a the 'here is a chart, this is where I think the price will go' posts.
If abh12345 buys then sell :)
Ha ha; we can set up a bot, eh? :)
It’s perfectly hedged and market neutral.
I'm sure you know someone who can provide :)
Would be interesting to see just how the bot performs, I'm sure pretty well!