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Next quick BTC / EUR "analysis"I don't really follow all technical analysis methos. How I do my predictions is based mostly on psychology. Patterns that look like they would repeat - but go the other way around just to form nice traps. And such. I do my chart analysis based on how I feel what could be right and so far I have been correct quite a few times. Not always being like 1min chart correct, but I'm okay with it. Enjoy my next prediction and take care of your money! If I am correct here, the following hours could get very very hard to do highly profitable trades with. I only see small buy & sell space to trade with in this longer drop scenario. Oh and by the way: My bear avatar doesn't mean I am always bearish. I'm bear / bull whatever the direction the charts go. Feel free to paste in your chart predictions in the comments! PS: Why is there no "psychology" category in the dropdown menu
by pewpewprofit
Approach the 1H OBV line??? Time to Change!Hello everyone this is my idea on Changing from LTCUSD to BTCUSD and vice versa that has been very profitable in this short term downtrend. In full disclosure I will personally probably not be trading this idea because there is a risk with it. The reason I say this is because if this OBV line breaks upward, LTCUSD is gonna run hard against BTCUSD and if you look at my other idea: you will see why I am not interested in taking the risk. But for now it is quite profitable and it has clearly worked the last few times it has happened. The basic idea is that as the OBV approaches my line, it is time to change your LTCUSD to BTCUSD, as it gets a large gap then it is time to change your BTCUSD back to LTCUSD. Pretty simple and highly profitable. As of right now, the trend says to change back to LTCUSD! Best of luck traders!
by thisismatt