UnknownUnicorn3766706

why i love Investopia; always there for you.

Short
BINANCE:ALGOBTC   Algorand / Bitcoin
many indicators, many flashing lights; not familiar with, unable to catch all.
Learnt short, not for me.

candles:
Low wick; still ignored; has shown to be positive;
Real body: not manipulated, showed consistent green at different timeframes; hasn’t reached previous peak so retrace
Long wick: non believers in the project -weak.

Ascending wedge:
- 5th wave cancelled; not an Elliot Impulse Wave.
- Ascend wedge; suggests reversal pattern.
- w/ Fib: check reversal indicator

Heikin “average bar” -a small body surrounded by upper and lower shadows indicate a trend change: wait for confirmation before going long or short.
RSI: unsure
MACD: unsure

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Not all ideas have been traded; not financial advice.
still understanding ALL indicators, in ALL directions. Inside and Outside

Since some have needs to learn as well, happy to show my progress.
Happy in supporting Algo.
Usually, my ideas are kept to myself; since I don’t like to share things I do not know.
Do your research. go learn your lingo.

Corrections/inputs are welcome in comments; don’t be shy, don't be rude.

Same book, different day.
Love yours,
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