Hi, traders.
My name is Lukas and I am a beginner in trading, respectively, I only trade 6 months. But that means I have to do the necessary analyzes without it I can't trade. I want to show you how I work on myself and document my beginnings. I use Vix and my strategy is built on to return to average. I highlight the important support levels and resistances that flow from the volume profile, all drawn on graph. These zones determine the ability to respond in some way to the market from 1 to 3, with 1 being the largest.
Short description of analysis:
We are experiencing a period when the bear market wins over the bull market. Therefore, people are looking for a place to save money when markets go down. Are the answer cryptocurrencies? I do not know it. But from history we can see that the market worked similarly - the economy failed, etc. however, cryptocurrencies grew. Be careful, the analysis shows that we are on a support level (1) that has worked beautifully in the past. Therefore, I would not be afraid to go long. In the case of non-acceptance of support and settlement of the bear market also on cryptocurrencies, then effectively manage the losses.Of course, my analysis does not serve like market forecasts and I am not responsible for your trades if you use my analysis for your own trades.
My name is Lukas and I am a beginner in trading, respectively, I only trade 6 months. But that means I have to do the necessary analyzes without it I can't trade. I want to show you how I work on myself and document my beginnings. I use Vix and my strategy is built on to return to average. I highlight the important support levels and resistances that flow from the volume profile, all drawn on graph. These zones determine the ability to respond in some way to the market from 1 to 3, with 1 being the largest.
Short description of analysis:
We are experiencing a period when the bear market wins over the bull market. Therefore, people are looking for a place to save money when markets go down. Are the answer cryptocurrencies? I do not know it. But from history we can see that the market worked similarly - the economy failed, etc. however, cryptocurrencies grew. Be careful, the analysis shows that we are on a support level (1) that has worked beautifully in the past. Therefore, I would not be afraid to go long. In the case of non-acceptance of support and settlement of the bear market also on cryptocurrencies, then effectively manage the losses.Of course, my analysis does not serve like market forecasts and I am not responsible for your trades if you use my analysis for your own trades.