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RE: We have a NEW Crypto Market Scanner!!! also an update on todays Bitcoin Fork trading

in #trading7 years ago (edited)

Hi Luc/ community,
I have a decent grasp on Luc's strategy but I'm doubting myself on bases.
I'm having problems accurately identifying the exact base for my chart.
If I study the history of the chart I believe my bottom alert is the area where the price shot up suddenly, thus creating a solid base.
However, my confusion with it is - more recently there have been smaller but substantial price "shoot ups" , obviously not as big but can they be considered the new base?
Please advice guys :)

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Your 2nd and 3rd base are drawn too high. You can try trading off these but it's not certain. Check if the price bounces to smaller bases back in the chart.