why would you guys but this and what about the downtrend overall?
Yoringpoly
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@fineregex, the trend can change , now I see it have falling wedge if it break 5000 it can break down trend follow year!
fineregex
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i dont know what the 400 bitcoin buy wall at poloniex is all about (many times the daily volume) and not moving much since many days.
But it just underlines this market is for gamblers no? What is it worth, why not sell with some profit to buy something else?
of couse your TP/SL ratio may be 2:1 so you just need/want a chance to win of 1/3, but it seems impossible to tell how big that chance really is 1%? 10? 90%?