This is my first ever published idea here. I've been following lots of traders and TA authors here over the recent 6 months or so. Very interesting stuff. I'm mainly putting this up here for the purpose of being able to backtrace my own steps, and perhaps learn from my own mistakes.
Looking at the indicators I'm getting very mixed impulses. This drop was anticipated looking at the divergence in the MACD, and I do think we need to drop lower, but the MACD also says we should be looking at a bounce at this time, although we just broke through the trend line. I'm waiting to see what decision to make. Very indecisive in general I feel. I definitely going long for the long term, but I do think we're in for a pretty rocky ride in the short/mid term.
Looking at the indicators I'm getting very mixed impulses. This drop was anticipated looking at the divergence in the MACD, and I do think we need to drop lower, but the MACD also says we should be looking at a bounce at this time, although we just broke through the trend line. I'm waiting to see what decision to make. Very indecisive in general I feel. I definitely going long for the long term, but I do think we're in for a pretty rocky ride in the short/mid term.
i make motion graphics for ICO's, crypto and blockchain startups.