The Trend: EP8 -- Building Supports
Howdy Yall!
On this episode of The Trend we take a look at how an asset sets up a foundation for further moves. Its important to understand some of the psychology which applies to both traders and investors when evaluating an asset. Here we look at BTC and its current trading area along with historical trading area's for comparison. Several times throughout the video I use terminology which is "borrowed" from Wyckoff analysts. I would like to clarify that I am using these terms as "explanatory" terms and not necessarily as the professional definitions for them (although most do fit, just by nature). Thanks for taking a look!
I hope you all muck up a chart showing off what you think will happen, and feel free to post that chart back here!
On this episode of The Trend we take a look at how an asset sets up a foundation for further moves. Its important to understand some of the psychology which applies to both traders and investors when evaluating an asset. Here we look at BTC and its current trading area along with historical trading area's for comparison. Several times throughout the video I use terminology which is "borrowed" from Wyckoff analysts. I would like to clarify that I am using these terms as "explanatory" terms and not necessarily as the professional definitions for them (although most do fit, just by nature). Thanks for taking a look!
I hope you all muck up a chart showing off what you think will happen, and feel free to post that chart back here!
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