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RE: What does Support and Resistance really tell you?
Hello, my first comment on steem :)
Im new in cryptocurrency market, when I asked a friend of mine where to start he advice me to your steem, and when I saw that you deleted all those videos that friend told me those are top notch I was dissapointed, but thank you very much for making new ones. It's nice to see that someone want to help the community , and all that for free. Huge respect!
Now when we know how to determine base, would be nice to see video how you determine when to get in a trade and when to get out :) Do you have some exact rulles, for example when base break for lets say 10% get in, when is down 20% get more.., and when is back to base get out?
Looking forward to the new video and wish you best of luck!
Im glad your getting some value from my videos.. There is no mathematical system for getting in and getting out.. you cannot predict the future, so thats why I layer in my trades.. Who knows how far it will drop.. but it will bounce back to the base that was cracked, so anywhere just under the base is a great place to take profits.. now there is a little more info that can help you predict where to enter and exit.. and thats volume and tape reading.. but ill get to that in another video..