You are viewing a single comment's thread from:
RE: Introducing our first Crypto Market Scanner
@quickfingersluc - Is it also a safe trade to buy it again at the bottom of the bounce for the retracement back up to 50%?
In the chart above, since it didn't take off when we bought at 50% retracement (about 0.00019000) it then went back to the bottom. Would it be a good idea to buy again at the bottom (about 0.00006000) for the bounce back up to 50%?
Sorry but that is not the trade.. you start with 1hour candles to see whats normal trading then you go to 5min candles to execute daytrades... so your 50% first pullback would have been near .00004-.00006 and then it ran to 41.. 10x for a small risk... its not possible to see on your chart, because your looking at 1hour candles.. and this is daytrading