RE: Trading Patterns: Dead Cat Bounce

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Trading Patterns: Dead Cat Bounce

in trading •  7 years ago 

Thanks for the information. I haven't heard of the dead cat bounce formation yet, but I've seen it play out quite a few times on the CryptoCurrency markets. Upvoted and followed!

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7 years ago by

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      ·  7 years ago 

    Yeah with crypto being so volatile these drops can happen pretty frequently. If you are planning to go long then those are awesome opportunities to buy cheap shares.

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        ·  7 years ago 

      Yes, I rarely trade - don't have enough time. I take a long position, buy in the dips and hold. I got in really early, so the market volatility isn't scaring me... yet. There may come a time though.

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