Keeping it simple buy at box sell at blue line Buying under 42, ideally 39 to 41 and selling above 52. This would be a short term flip, if the opportunity to get in at under 42 presents itself in the next 12 hours, with a sale in 24 hours from now.
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Buys should be filling now... Ive set some buys at 38, 39, 40, 41
a "short trade" usually means lending something in order to sell it and rebuy more of it to a cheaper prize.. you can then keep what you won and give the initial amount you lended back.. in crypto most of the people simply mean "sell what you have and get back more of it to a lower price" ... what you are suggesting is a "long trade" that means "buy"
NicoKyp
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@valueerror, thanks for your comment, using short and long terms as periods of time in order to keep it simple :-) again thanks for writing!
valueerror
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@NicoKyp, yeah.. sorry... didn't want to be schoolmasterish... it's just that - if i see a red dot (short) at the chart i know that someone is suggesting the price will drop now and we all should sell...
that's confusing - thats all :-)
NicoKyp
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@valueerror, fair call! thanks for tut' much appreciated.