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RE: How am I going to deal with Segwit and BitcoinCash BCC? Should you get comfortable with taking loses?
Since Luc is taking the day off - Does anyone else think that ETH/USDT is showing a solid base right now around $190 or do we need to look further down the chart?
Assuming Bittrex, you don't have to wait cause it showed previously on 7/20. The base is at 185, the bounce there is much bigger than the current one. This is just my opinion though, I didn't look in a larger context and crack/bounce ratio. Looks like a solid base to me.
Awesome, the 7/20 base is what I was referencing with the current baby bounces reaffirming the base. I was just a little curious because on the BTC chart in the video he was talking about looking further down and back to play off the lowest base due to the nature of the decline in price. Never the less, I'm pretty sure I'll play off this base if it cracks!
Maybe I missed that, I think what's important is this method is looking at 1-2 recent bases, and if a base is broken a second time u don't really care about it, unless a new one is established at the old level. As far as previous bases ago, I am not sure if they are really significant or not when they finally break.
I would not call 190 a strong base, since there is no big bounce. For me it is still to wait...
Just to be clear, I'm not talking the most recent 190 bases... On 7/20 there was a bounce from 190 (or more accurately about 186) to about 220. Is that still not enough of a bounce to call it a strong base?