You know what I always say right? PATIENCE IS KEY! The first lesson I learned while buying and selling cryptocurrency. Early on getting started, making an unlimited amount of mistakes and losing money, after a few months (years) of doing it wrong, I realized that just waiting would have been a million times better than buying and selling with no idea of how...
Hey, I am back with another, this time educational analysis. In this educational analysis you can see some obvious patterns in the chart, that helps you decide when to buy or sell. Simple usage of just three indicators, Volume , RSI , and MACD . At first I though, sure, how can some pattern show me the price movement.. But I was wrong. Ok, so in the time...
See notes on chart. This is a very low risk type of setup that I like very much. My sell points are either when I think a resistance level is being tested OR if a strong trend develops (hopefully!) I draw a trend line. If the trend breaks down, I know that is a good exit point until my next entry.