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!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.