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RE: The Coinigy Market Scanner will be a game changer

in #trading7 years ago (edited)

There was some movement today so I finally tried to trade. But I panic sold at the first dip.

ETH

The red candle made me think that I misread the base and it will just bounce up to the previous level. Though I should trust ETH more.

XRP

I bought (too) fast cause the drop was big already, and I didn't want to get left behind. I don't trust this coin to be as reliable, so I made the same mistake of panic selling. Meh.

I also caught almost the total bottom of XEM, but I went in very small cuz it didn't really break anything.

Since it looked like it broke 2 supports or so, then I thought that it's going to only pop up to the previous levels. Since it bounced up where I thought it should, then I assume they were real bases...Guess I learned something today. Also I set up my alerts too soon, turns out I was way too impatient for this trading method. The red shouldn't scare me next time. For whatever reason I expected it to be a linear green till the end of bounce.
Nice drops happen on small coins, but before I get there the price is already up there. Hard to catch with alerts.
ARDR had some kind of flash crash on May 30, sadly it didn't repeat.

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both those charts reacted properly.. they broke there bases and bounced back to them.. perfect examples really.. here is where I am presently with ETH: