Still loving these videos. Have you thought about putting videos on Youtube so that you don't need to stick to 10 min? I'd love longer form videos from you :)
Randy_Sampson
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It does appear that BTC had a small breakout at the same time Binance came online again
whoisthelorax
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@nukenowakowski
where could i learn about fib circles?
and how do you compare them to the standard horizontal fib extension and retracement levels?
very interesting.
blessmywork
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@whoisthelorax, Great questions.
1.) Where could I learn about fib circles?
I actually go over this in a video I made before this one... There is also a pretty good walkthrough with them on StockCharts ...if you google Fibonacci Resistance Arc ... it'll come up
2.)How do they compare to horizontal fib extension and retracement?
Well thats a great question! They of course are the same logarithm - its the same natural pattern -- occuring on either price action, or time scale. A fib arc uses this logarithm in relation to both -- price action and time scale.
If you watch the video, I think you'll take the parts that are important away from it... furthermore, if you do the reading from Stockcharts -- I'm confident you'll find my explanation is "good enough"
Randy_Sampson
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what happens to volume when Binance is not operating?
blessmywork
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@Randy_Sampson, So thats an interesting question. We are using the Coinbase exchange. This means that Binance being down doesn't affect our volume state. However, that may not be entirely true - as there are traders whom have accounts on GDAX and Binance which are using GDAX because Binance is down. I think this is a small number of traders/investors and so I've ruled it out as important for our uses.
If we were viewing a marketcap site or application, we would have to take the Binance exchange being offline as a problem for our current data.
chulam00
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Thank you very much for posting. So interesting and truly appreciate your insight.
blessmywork
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@chulam00, Thank you for the kind words. It makes it worth doing.
TobiasSombrowski
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Super video, just to short. Each time when it is getting most intreresting, it ends!