Do you have any recommendations for good resources that I could study to better understand the basics of your decisions? I'm new to all this, seems very interesting.
draws the lines using previous tops and bottoms, its not that hard really. the way i learnt it was just by watching these types of threads, for a while, eventually you get it.
Very interesting thread, definitely following this! Nice with some honesty for a change.
So I have been following crypto for a while, but is new to technical trading, so please forgive me for newbie questions.
So how do you decide the stop level? I saw in your excel sheet that you put the stop level 3 % under current value. Do you calculate that percentage in relation to market volatility or something? I guess I have the same question for the exit region.
Also, do the fact that the 515 level seems to have some resistance alter your current strategy?
he puts his stop were the triangle he draws is invalidated.