BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
I Show triangle - undefined figure. All the yellow lines are horizontal levels of support and resistance .
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I know you are really good but please can you please explain how do you draw the dotted lines and yellow lines.. like what is your procedure? Thanks
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rob.proesmans himanshu91
@himanshu91, thats just fibonacci.. it's really easy.... all these traders are overrated, you can easely do it yourself.
BTW 99% of the traders are wrong 50% of the cases, TA is just crap
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himanshu91 rob.proesmans
@rob.proesmans, so what do you suggest where to learn and what to learn?
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ChartsOnTime himanshu91
@himanshu91, first you need to recognize the good and the bad. if you think he is good then you are surely gonna be homeless in a few days hahaha learn trends and fibs then master them
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himanshu91 ChartsOnTime
@ChartsOnTime, so where can I find good content to learn strategies for trading
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ChartsOnTime himanshu91
@himanshu91, learn from youtube. there is a book for free called Edwards and McGee. Look for trades who arent in the top list. Top TAs mostly are here to gain popularity and sell you something but they dont trade. The least you follow these clowns the better off you are. lol
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@EXCAVO bro it is bearish pennat. Are you sure that it is going to break out ?))))

+1 Reply
Gustavo1111 taylor.ranny
@taylor.ranny, it is breaking out,, to the downside
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There is also a bearish symmetrical triangle continuation pattern that is potentially forming as well. Combine this with the cup and handle pattern still forming on the BTCUSDSHORTS chart and you have a scenario taking us down to 5450
+1 Reply
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