Here is a chart from an unspecified "X" cryptocurrency (iykyk) That made a very clear descending triangle. Novice traders like me saw this and probably sold too when it broke "support". However, the coin later made a whole run of 1845% from 0.9$ to 16$ (16-18x) without a pause or pullback.
Now, here we have a similar pattern that could reoccur with our beloved CRO. So, my question for you : "If a descending triangle does form, what would you do?"
I missed out from the entire 2020-2022 bullrun because I was trading patterns. Now, I stopped trading short timeframes and just wait patiently for big drawdowns on a major timeframe to buy and hold. I know I'll never be able to beat the market trying to secure small 10% 20% gains, only to end up buying higher later. So far it's been doing pretty well.
Please don't make my mistake. Buy low, HODL and SELL HIGH! Don't chase short-term gains and end up missing out on big long-term gains!
Thank you for reading my post :) Forgive me for the unsolicited advice!
Now, here we have a similar pattern that could reoccur with our beloved CRO. So, my question for you : "If a descending triangle does form, what would you do?"
I missed out from the entire 2020-2022 bullrun because I was trading patterns. Now, I stopped trading short timeframes and just wait patiently for big drawdowns on a major timeframe to buy and hold. I know I'll never be able to beat the market trying to secure small 10% 20% gains, only to end up buying higher later. So far it's been doing pretty well.
Please don't make my mistake. Buy low, HODL and SELL HIGH! Don't chase short-term gains and end up missing out on big long-term gains!
Thank you for reading my post :) Forgive me for the unsolicited advice!
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.