Uh-oh! Dropping, dropping, dropping...
Hi folks,
I'm not gonna just post my good trades, I'm gonna post every completed trade here, successful or not. As you can see from the image below, I'm trading LGD/BTC. I checked the history and it seems to respect its bases, with support returning as resistance. I marked up my bases as you can see and nibbled on the way down but it keeps dropping and dropping and dropping!
Now part of me got concerned; I wanted to sell. The other part of me (the trader I'm trying to develop) says hold on and wait, it will bounce back. I used to be extremely impatient but I have seen some charts where it has taken 5 days to get back to the base...
I'm hopeful it'll return to at least the lowest base, but we will wait and see. What do you guys think?
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