Instead of throwing pages of mostly irrelevant TA, like most of the Top Trader in the front page of TView, I prefer people who have the balls to actually draw a clear forecast, and take the risk to be wrong. This way, people can really judge who is bullshiting and who is often right.
I am not the only one (for example "juntocoin" does it and is very often right).
The reason behind this 2 months forecast is not TA at all.
I have 2 external indicators (external means, nothing to do with the price or volume on the exchanges) telling clearly that we are in a bubble since December and 1 other external telling a bit more precisely that we are in a bull trap. Conclusion, we going down soon, and most likely, going down heavily.
I do not know exactly when, and I might be wrong with the timing, no problem with that. I just know it's going to come soon.
The price levels that I choose are simply high volume nodes on the volume profile, so, to some extent I use a little bit of TA to find the targets.
But the direction (down), has nothing to do with TA.
And this is how you should trade/invest, TA is only 1/3 of the picture, and if you mostly use TA, there's 90% chance you're a loser.
You need at least 1-2 reliable external indicators. I have 3 of them.
I am not speaking here about fundamentals, news, regulations, etc... this is something else.
Well, actually fundamentals could be considered as another external indicator in this case.
(No mystery about my indicators, I simply do not share them publicly. I might share them in the future, maybe, but for now I do not. That's my first publication, and I'll see how things go.)
Cheers everyone!
I am not the only one (for example "juntocoin" does it and is very often right).
The reason behind this 2 months forecast is not TA at all.
I have 2 external indicators (external means, nothing to do with the price or volume on the exchanges) telling clearly that we are in a bubble since December and 1 other external telling a bit more precisely that we are in a bull trap. Conclusion, we going down soon, and most likely, going down heavily.
I do not know exactly when, and I might be wrong with the timing, no problem with that. I just know it's going to come soon.
The price levels that I choose are simply high volume nodes on the volume profile, so, to some extent I use a little bit of TA to find the targets.
But the direction (down), has nothing to do with TA.
And this is how you should trade/invest, TA is only 1/3 of the picture, and if you mostly use TA, there's 90% chance you're a loser.
You need at least 1-2 reliable external indicators. I have 3 of them.
I am not speaking here about fundamentals, news, regulations, etc... this is something else.
Well, actually fundamentals could be considered as another external indicator in this case.
(No mystery about my indicators, I simply do not share them publicly. I might share them in the future, maybe, but for now I do not. That's my first publication, and I'll see how things go.)
Cheers everyone!