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RE: Im going to be away for the weekend
Absolutely incredible information you're putting out there! THANK YOU!
I am wondering after watching all the videos multiple times - Is there any percentage guide on how to qualify a "base." I know there probably isn't a hard/fast rule for this, and it likely depends on the chart you're looking at and the behavior of the buyers/sellers, but let's take BTRX:ETH/USDT for example.
Are we looking for say, a 10% drop in price followed by an =/> 10% price bounce? Those percentages are probably inaccurate, but they help frame the kind of loose answer I'm hoping to get to help me understand better how to qualify a base accurately.
If I'm thinking about this all wrong, let me know. THANKS!
No, every base is different and for different reasons.. sometimes its actually just a number in peoples heads like 200.. and nothing gets past 200 on the chart.. or it could be a price where something big happened like news.. and the news produced a bounce and now after that news no one can imagine that coin lower than where that news came out.. so you see, its not mathematical.. but it is easily seen on a chart and then you just set your alerts and wait for a crack..