$ADA Daily Bollinger Bands: After being cooped up for 8 days, it broke below the lower band by 0.2225.
Roommate: So what happens next?
Me: It might keep weakening along the lower band, or it could be a false breakdown. Or maybe it’ll bounce back to the middle band first, and then we’ll see.
Roommate: That’s basically saying everything.
Me: Exactly, so I’m never wrong.
Which camp are you in: buying more as it falls, or chasing it as it rises?
Roommate: So what happens next?
Me: It might keep weakening along the lower band, or it could be a false breakdown. Or maybe it’ll bounce back to the middle band first, and then we’ll see.
Roommate: That’s basically saying everything.
Me: Exactly, so I’m never wrong.
Which camp are you in: buying more as it falls, or chasing it as it rises?