TradingView
w00fs
Aug 29, 2020 11:05 PM

DOTUSDT (polkadot) 30/08/20 

DOT / TetherUSBinance

Description

Kind of hard to decide what arc to actually go off because nothing looks super perfect but this I would rate this as 'pretty good'. Just wait and see I suppose, personally I reduced my position a bit just so I wasn't over leveraged. Really need to get my coding skills up to scratch so I can actually play around with the blockchain tech instead of charting coins !!
Comments
totoroha
what kind of chart is this? can you explain more?
w00fs
@totoroha, sorry for taking so long to respond, I am using Fib Arcs to make these charts. Drawing them with the chart scaled and using points of interest (like high to high and low to high) to plot them. I haven't quite worked out how to trade them properly because like all charting it's subjective and it might follow the pattern of one arc, but then change and go with another. So I'm kind of still working out the best way to do it. Every so often though you see things that really wow you, like this chart -


You can PM me if you like and I can give more details so you can try it out
totoroha
@w00fs, i will search and read more from the terms you provided. :) Will ask my question here, so anyone who are interested can learn.
More