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RE: BTC hits $3,500!!! lets go over some charts, and discuss Simple & Safe trading
we are several traders from the facebook group..we all bet pretty much same.
yet the trade is going against us.
what you think ? is this a losing trade ? we simply need to wait ?
is this because bitcoin value is jumping like crazy ? so its considered dangerous situation for luc's strategy..like "news" ?
this is the trade
https://www.coinigy.com/s/i/598f352cd1749/
this is the facebook group
https://www.facebook.com/groups/1064955490307688/
timescale is too small.
Exactly.. Timescale is too small.. If you scale out to see a bigger picture you might not even consider that to be a base.. however, I would not be surprised to see it bounce from here.. seeing as it had a high of almost 11 and not its at 058.. thats almost 50% dive.. thats really hard to push further, you should get a break even trade atleast, is my best guess..