We have to assume that the price action continues in this pattern until it doesn't we talked about this reversal potential a couple blog actually yesterday and the day before small double bottom right here just like we had here is possible now would be very good for the altcoins smaller cap all coin trading if this kind of just rank stays in this range but we have to assume that over time you know bitcoin just essentially moves to this upper trend line up here mind
You this is a bearish pattern overall 68 chance that it does break to the downside at some point but the difficult part here is that on multiple occasions and the run-ups to 14,000 and 20,000 these did break higher you have to set your stop losses keep them in place manage risk remember technical analysis is not predicting trading is not predicting it's managing risk and basically letting creating an edge and letting your edge play out over time you create a sustainable trading strategy
Now this is bitcoin dominance so we talked about hey we need this to pull back for these alt coins to boom to boom again and guess what happened head and shoulders reversal move to the downside amazing altcoin gains today a lot easier to trade these all coins all coins let's have a solid weekend for these all coins bitcoins volatile these all coins are tough to trade the altcoin all btc pairs i've got some amazing shout outs to given my trading group real this person stated because of your hard work and all the advice i turned 85,000 into 190,000 in three months life-changing money listen
This person reached out i never thought in my life like people would reach out to me and say i'm learning and i'm making money thanks for the work you do then came back nine days later and said great call and basic attention token which i gave to you guys as well from a couple days ago hopped into the breakout already up a couple thousand dollars boom
You are struggling trading this market let me help you this is not about being a day trader 90 of the people in the trading group are very busy very busy they just basically buy and hold these midterm holds when we've seen 50 to 70 percent profits over three to five weeks and a lot of these midterm hold setups so just keep in mind that there's an easy way to trade this market
