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RE: BTC hits $3,500!!! lets go over some charts, and discuss Simple & Safe trading

in #trading7 years ago (edited)

In this chart I bought around 8600$ and now it's falling. Should I wait till it reaches it base at 9159$ or sell it at 8600$ as it reached that point a few hours after I bought it. Thanks.

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I havnt been trading AMP because its not a perfect chart, it hasnt been respecting its bases in the last bitcoin move, and it may not this time also..

And you are looking at too small a timeframe.. you need to look at a 1 to 2 month chart.. I wish I could give you better news, but AMP seems to stop follwing rules, everytime BTC makes a big move..

Thanks for the suggestion. I will get out of AMP on the next small bounce.

Hi there. Take a look right now to XMR. Big drop after breaking base. Good opportunity!!!

You might also wait for it to return to the base. If it ever will.

Hi luc. Thanks for the great info. Usually how much difference do you establish in a stop-limit order between the stop and the execution of the order? Thanks again. Buy the way, take a look right now to XMR