This education idea is about "Trend Following Pattern" using "9 Seasons Rainbow Indicator PRO".
This time, it serves as a BottomFinder perfectly.
Yesterday, just before the Dogi, 9 Seasons Rainbow Indicator PRO alerted "Time to Long", because a "Trend Following Pattern" had formed:
OverSold(Blue) in multiple time frames: 15m, 21m,30m 84m, 2H - meaning strong...
Hi guys, I wanted to study the Litecoin chart, because I think it's a really interesting coin to trade.
I will once again use my Bands Indicator, and will update later if I find any other good TA.
Previous analysis for Bitcoin here and for Ethereum here.
So let's dive into the High Timeframes:
Trend is bullish for now. I don't see any bear signal yet. Price...
For example you have 100.000 Total Capital
You can spend for One Trade: Only 10% of your Free Capital
Your Total Capital: 100.000
First Trade: 10.000
After 1st Trade your Free Capital: 90.000
Second Trade: 9.000
After 2nd Trade your Free Capital: 81.000
Third Trade: 8.100
After 3rd Trade your Free Capital: 72.900
Fourth Trade: 7.290
After 4th Trade your Free...