This crazy currency is over, the pros are gone and the hype is done - if it lasts it wil just go into typical forex type gyro - the big moves are over.
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short under line - but it still wont have the huge moves it had in 2016
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woops - 2017 moves
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3 things can happen.
Price will bounce off support and head higher after a few days
Price will sit on the ledge, like its trying to get its balance, then fall off the top of a building and go down fast and hard
Price will play with the support level, go down thru it and fake out traders, and bounce upwards fast - from failed moves comes fast moves.
So if you play the short, keep you stop tight until the price breaks and runs down fast - don't hold long, take your profit when price runs out of steam, the daily candles will get shorter
Price will bounce off support and head higher after a few days
Price will sit on the ledge, like its trying to get its balance, then fall off the top of a building and go down fast and hard
Price will play with the support level, go down thru it and fake out traders, and bounce upwards fast - from failed moves comes fast moves.
So if you play the short, keep you stop tight until the price breaks and runs down fast - don't hold long, take your profit when price runs out of steam, the daily candles will get shorter
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It's done. Boring symbol and market. Go to where the action is or get grinded and chopped to death. This isnt moving, dont trade it.
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What a crap chart - OK, here it is.... I told ya so. Stop trading this piece of crap
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What a crap chart - OK, here it is.... I told ya so. Stop trading this piece of crap