Hope this idea will inspire some of you ! If you want to see my chart more closely, click the share button below that video.. You will be able to have access to the chart used in that video. Don't forget to hit the like/follow button if you feel like this post deserves it ;) Indicators used in this forecast are PRO Sinewave BETA & PRO Momentum. You can check my indicators via my TradingView's Profile : @PRO_Indicators Kindly, Phil
If you want to learn more about the basic rules to trade with my indicators here's the educational video link :
I have a question. Why are you not using a logarithmic price scale for bitcoin? Without it (in your latest videos) you could assume that the price has breached an important trendline, but with the log price scale you could see that the reason why btc retracted in the last day or so is because it could not pierce through this same trendline.
Any suggestions? Appreciate your time.
BlasTx
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Great analysis, Thank you again !
Ronnie_Dong
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I like your chart,and I have followed you. I hope you can Follow Me at the same time.
SuggeStionS
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In our opinion the only thing that would make this dump reverse to a pump is a great positive FUNDAMENTAL news about cryptos
Gomez_Addams
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Thanks for the post. Always interesting to see how people are perceiving market action. I'm of the opinion that BTC is not doing 'nothing' as you put it. Its just not doing what people want. Its doing plenty; its quietly indicating what it intends to do and the longs have to decide if they have the balls and the numbers to take this higher. Personally, I've been of the opinion this is a possible capitulation point for sometime. This is the week it decides (quiet before the storm). I'm still short and working on longer time frames. In reference to the what you said about the DAX, this is interesting. DAX has typically led the US market. In regards the VIX idea; man in this cycle, the current frequency creates unpredictable volatility. Its almost schizophrenic. I like danger, but only when I have the advantage. I'll take the surfer boy approach and wait for a better wave to catch. One that won't dump me on the reef. ;) Take care, next Monday things get better. Weather clear up LOL.
ezragreg
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@PRO_Indicators Thanks for the videos, I have been watching religiously and find it very helpful for my learning to become a full time trader.
In your videos, sometimes you show 1H chart, while today 8H chart.
How do you choose which time? For example, instead 1H, why not 2H or 45Mins.
Appreciate your insights!
NQ95
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hey man, why dont you reply to the comments here?
Theyre not that many anyway
I have a question. Why are you not using a logarithmic price scale for bitcoin? Without it (in your latest videos) you could assume that the price has breached an important trendline, but with the log price scale you could see that the reason why btc retracted in the last day or so is because it could not pierce through this same trendline.
Any suggestions? Appreciate your time.