hey luc. thx for your awesome work!!!!
i wanted to ask where to set the real base on the candlestick because in your videos you are mostly a little vague.
should i set the base at the low of the lowest candlestick or at the open point or somewhere in the lower shadow? thx in advance for an answer and keep going with your awesome work! (i took the terms for candlesticks from here http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:introduction_to_candlesticks)
RE: Lets look at my recent trades, and where will I buy BTC, BCH, ETH next? Wheres the bottom???
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Lets look at my recent trades, and where will I buy BTC, BCH, ETH next? Wheres the bottom???
There is no exactly value. So the base is just "roughly there". However, you can read the history of the chart to see how past base get respected. If the bounces always go past base, it's a high probability that this time it would do so as well, so you can set your sell at ~ candle body. If the bounces often return with a slight touch or with a wig, better be safe and sell lower than base. The answers are all in the chart
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