I'm never day trading again! OMG BTC has a nice setup though!

in crypto •  7 years ago  (edited)

OMG BTC



Speaking from experience, beginners really should stay away from day trading if they can help it, the lower time frames have a way of playing on your emotions as you don't have the time to sit back and really analyse the data that's in front of you.



I don't think this requires much explanation... even without the Elliott Wave, the confluence at the 0.618 and the 0.786 make this a no-brainer in my book, with the potential to ride a larger degree Wave 3 the R:R is minimal.

Disclaimer: I'm not a financial advisor, this is only my opinion.

Thank you for reading

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