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readCrypto
Nov 16, 2019 11:07 PM

Analytics & Trading (This publication does not describe the BTC) 

Bitcoin / U.S. dollarBitstamp

Description

Analysis is the preparation process for trading, and I think that trading is the area of correspondence.

I think the long-term trend is to calculate how much funding and retention period you have for trading at the present time.

If you think the long-term flow is bad, you can trade your money and holdings accordingly.

The results of the analysis can be known over time.



Charts in the short term are often subject to change because of their short duration.

That's why short-term charts are announced every day, and I think there are people who see them that change their analysis so often that they say they are not reliable.

As I said above, I think you should realize that analytics and trading are different.

Many people publish analytical texts.

I also publish analytical articles.

If you look at someone's analytical chart and decide to trade and rely on that analytical chart to trade, I think you'll be more likely to fail than to be successful.

The reason is that you can't modify your trading according to the movements that are different from the analysis because you don't contain your thoughts.


I need to know if the analysis chart I am looking at is written in the short term or in the medium to long term.

If you trade with that perspective, I think the results will be good.
Comments
dysonring2050
I think many people right now are unsure about which way the price will move in the long term, which is why the volume is so low. I know in the medium-term, it will most likely be down.
readCrypto
@dysonring2050, Thank you for writing.
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