RE: There is no way I am buying anything that has a chart looking like this

I all depends on how far away anything is from the moving averages, and how long it hasn’t touched them.

Bitcoin is not always above the moving averages, sometimes it trades below them. Right now I would feel uncomfortable to buy it because it has been way above all the moving averages and has not touched them for a long time.

This has made me miss out on some impressive pumps but also saved me from buying tops.

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