Im wondering the same thing, if the coin is trending up and staying up do you now have to adjust for a higher base?
For example: currently on PLNX ETH/USDT is the base around $245 or up around $267 now
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Im wondering the same thing, if the coin is trending up and staying up do you now have to adjust for a higher base?
For example: currently on PLNX ETH/USDT is the base around $245 or up around $267 now
For me, using one hour bar charts, on PLNX ETH/USDT .. i would say that there is a clear base at $245 as you mentioned and $215.. A crack of those price points would get me started taking a trade... Until then, its just a waiting game.. so you set alerts for a crack of those bases, or just set up orders where you would like to buy if they crack.
Good example. I presume that that $267 is the new floor? Hopefully Luc can shed some light.