Technical analysis of BTC DEC21
Updated
"Why it moved the way it moved"
Technical analysis on the past chart is of no use we have to be prepared for the next possible move before hand. But every time i start charting i feel this is not predictable might be because im busy, lazy or unmotivated. 😒
But that doesn't mean we can archive every move cuz next time maybe when it starts moving we can be prepared beforehand, Afterall we are deciphering charts to get each patterns, right?
This month my overall portfolio increased by 0% heck i even liquidated my demo accounts. All in the hope that i will be prepared for the next month.
BTC don't move because of the news. BTC moves are indication of a future news. Everything happens for a reason, its either long or short, we just had to be there at the right place at the right time
Lesson:
be in short and long position beforehand so even when we breakout we are already in a position
Technical analysis on the past chart is of no use we have to be prepared for the next possible move before hand. But every time i start charting i feel this is not predictable might be because im busy, lazy or unmotivated. 😒
But that doesn't mean we can archive every move cuz next time maybe when it starts moving we can be prepared beforehand, Afterall we are deciphering charts to get each patterns, right?
This month my overall portfolio increased by 0% heck i even liquidated my demo accounts. All in the hope that i will be prepared for the next month.
BTC don't move because of the news. BTC moves are indication of a future news. Everything happens for a reason, its either long or short, we just had to be there at the right place at the right time
Lesson:
be in short and long position beforehand so even when we breakout we are already in a position
Note
these are only the positive results, we had countless failures, but all of those losses are very less compared to the move we could have got if it worked out
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