RE: The Coinigy Market Scanner will be a game changer
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.
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: