That's all. No Technical Advice, you do with this what you wish. It could bounce off of it, or go through it. Good luck. ADA likes to move with Bitcoin, so if Bitcoin goes down it might be a bloody day for ADA.
I always get my ass kicked when I trade inside of a triangle... that being said though, this time, I have placed a Long at the bottom. The long has no Take Profit // Close; rather, it has a Trailing Stop at 0.8% price. This is my attempt to mitigate uncertainty. Inside of triangles are battlegrounds, especially as they get tight. I usually set up an order right...
Here is what a 7.4% Trailing Stop would look like on these AVAX runs. Seems pretty satisfactory, but I guess that is for you to decide! Why 7.4? Well, the profit takes would be a bitttt better than 7.5 it seems. Play around with it for yourself and see! This indicator is straight-forward and useful. A great idea. Give thanks to KivancOzbilgic (I cant post links...
I see so much nonsense here and on Twitter. Tons of odd ideas and the weirdest indicators and whatnot. Just... Place... Trendlines. It is a lil silly to have to say this. This isnt TA, or Financial Advice. This is Anti-TA. This is me going "Stop falling for all this bs and listening to all these maniacs" How to trade: 1) Psychology Sentiment: Is the market...