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RE: BTC hits $3,500!!! lets go over some charts, and discuss Simple & Safe trading

in #trading7 years ago (edited)

Maybe you don't realize it but the end was pure gold and I really thought I knew your method by now.

(time stamp:20:20) "I don't qualify this as a base. So were still working off of this as your base"

I always thought once a base is cracked and comes right back up you have to work from that level. But it makes sense that you only do that if the bounce of the new base is strong which in this case it isn't.

Only thing that sucks is that you have to wait 10 days in this example for it to go back to the previous base ;)