This tips/lesson applies to every stock or crypto or any other financial instrument, that you truly belive in and have done your own research on.
Imagine you are a late #bitcoin investor and on the 28th of May you decide to invest in bitcoin, first you should set yourself a long term target. I have shown on the graph an example of $33000 per bitcoin and here is my...
Action 1:
Up-Major Parallel Channel (X)
Down-Minor Parallel Channels (Y) & (Z)
Looking at both channel (Y) and (Z), it turns out that there is a SLIGHT different between it.
Action 2:
Used two Rectangles(i & ii) to measure the movement.
The length & width of both rectangles are the same.
The point where used by rounded...
