I have been asked to publish my BTC chart......
As requested.
OK - this is the chart I use on a daily basis. My methodology is dates back to my early days when I was taught about the stock market at age 14 – 16 back in the mid 1970’s. My tutor was an active trader.
I like a calculator, pen & paper along with some of the modern tools available. This will be weird to many of you.
old lines as they sometimes prove useful.
Some information is now invalid or needs adjusting.
The support resistance levels are obvious as are trend lines. I always take information with a 'pinch of salt' - remaing flexible.
I do not use a particular set of lines/tools as a guide - I 'fuse' the information combined with news stories from reliable sources to give me an idea of what might happen. I do spend a lot of time on ‘background’ research (market forces).
I do not look at a coin in isolation. E.G the rise in the price of a commodity (like oil or rice) can impact on crypto prices. A drought or floods can impact crypto prices (Think China on April 16/17 - it took 2 days to filter thru, but I had sold on the 17th). Any comment of significance by a government or politician can have an effect. I won't even mention people who should not have Twitter account!! :-)
I have not edited this and it is not financial advice - It is for my own use. However, if it helps any of you - good luck with the ideas.
FYI – I am dyslexic and ‘read’ a chart – it just makes sense (most of the time) – almost like reading a story. I don’t know how or why I can do this – it just happens and most of the time I manage to hit the highs and lows a couple of days in advance of real time (The ‘Musk Effect’ excluded).
Good luck to all of you.
OK - this is the chart I use on a daily basis. My methodology is dates back to my early days when I was taught about the stock market at age 14 – 16 back in the mid 1970’s. My tutor was an active trader.
I like a calculator, pen & paper along with some of the modern tools available. This will be weird to many of you.
old lines as they sometimes prove useful.
Some information is now invalid or needs adjusting.
The support resistance levels are obvious as are trend lines. I always take information with a 'pinch of salt' - remaing flexible.
I do not use a particular set of lines/tools as a guide - I 'fuse' the information combined with news stories from reliable sources to give me an idea of what might happen. I do spend a lot of time on ‘background’ research (market forces).
I do not look at a coin in isolation. E.G the rise in the price of a commodity (like oil or rice) can impact on crypto prices. A drought or floods can impact crypto prices (Think China on April 16/17 - it took 2 days to filter thru, but I had sold on the 17th). Any comment of significance by a government or politician can have an effect. I won't even mention people who should not have Twitter account!! :-)
I have not edited this and it is not financial advice - It is for my own use. However, if it helps any of you - good luck with the ideas.
FYI – I am dyslexic and ‘read’ a chart – it just makes sense (most of the time) – almost like reading a story. I don’t know how or why I can do this – it just happens and most of the time I manage to hit the highs and lows a couple of days in advance of real time (The ‘Musk Effect’ excluded).
Good luck to all of you.
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