how do i know if trend reversed in a bear market vs bull market?

M

mute9003

im looking at these charts and just when i think there is a trend reversal its just a fake breakout and back to downside.

How are you supposed to have confidence when sht is literally doing random moves all the time
One day a pattern is reversal. Next day it breaks same pattern
What the hell am i supposed to even look at?


For example Im trying to figure out whether the crypto bottomed out just now but every time i thought it was going up it would bounce back down
How do i know when to even buy it?

I know the price is low but is it a good time to enter the trade?
 
mute9003 said:
im looking at these charts and just when i think there is a trend reversal its just a fake breakout and back to downside.

How are you supposed to have confidence when sht is literally doing random moves all the time
One day a pattern is reversal. Next day it breaks same pattern
What the hell am i supposed to even look at?


For example Im trying to figure out whether the crypto bottomed out just now but every time i thought it was going up it would bounce back down
How do i know when to even buy it?

I know the price is low but is it a good time to enter the trade?
More...

Volume spike, no new low after retests, fed support
 
upload_2022-5-10_9-47-35.jpeg



because there is soo many types of bulls and bears.
and there are so many types of continuation and reversal patterns.
and every day the market has different emotions/temperaments/behavior.

Professional writers like to talk about all those things.
But professional traders are not interested to know all those things.
 
Last edited:
mute9003 said:
im looking at these charts and just when i think there is a trend reversal its just a fake breakout and back to downside.

How are you supposed to have confidence when sht is literally doing random moves all the time
One day a pattern is reversal. Next day it breaks same pattern
What the hell am i supposed to even look at?


For example Im trying to figure out whether the crypto bottomed out just now but every time i thought it was going up it would bounce back down
How do i know when to even buy it?

I know the price is low but is it a good time to enter the trade?
More...

Patience grasshopper.....Mag.citrate still has to be added to the koolaid.
 
You must log in or register to reply here.
Back
Top