ZCLBTC H on BIttrex
OLD TRAP FOR YOUNG Traders
When you see a chart like the 4H chart on ZCL, we all want to do the same thing, we want to buy. But the pros know that the charts show us what has happened and we know what is likely next, Price is extended and likely to pull back. Those who rush in tend to donate their money to the few that understand the market...
LTCUSD looks bullish across the Timeframes and could provide good trading opportunities soon.
Dollars and Senses always starts his analysis on the Daily chart and on that chart you can see that LTC USD put in a solid looking base as it pulled back to the 200EMA (GREEN Line) twice, and put in a double bottom (Underlined) and tested the 78.6% Fib retracement of...
ETHUSD
How do we deal with conflicting stories?
Dollars and Senses likes to start his analysis on a Daily chart, what do we do when we have a conflicting picture.
On the one hand we are just testing the 827 (Orange Line) support level, and 38.2 fib retracement iof the last move. We could buy this now or wait for the bullish candle and buy.
On the other hand we...
With the crypto having failed to break the 8000 level. It shows signs of a pullback to 11000.
Recommended buy levels @8500-9000
Let's all laugh in the money :)
1. Forks
2. Action/Reaction
3. Support/Resistance
4. Frequency
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P!
Mastering the simplest thing in live ist most often the hardest one.
Not because it's hard, but because it's "so simple and would-be easy".
So why not master it, doing the job?
It looks most often so "not worth it", that's why.
But if I would tell you, that your trading would skyrocket, would you do it?
Even from my students there are only 15% who religiously...
