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The Trend: EP5 - Recycling saves CoinsHowdy Yall, On this episode of The Trend I got started before doing any kind of study. This is a quick look at how I will make my first chart of the day. This is how I get going. This is the chart I mock-up and start to drive "idea's" off of. From there I look for trades. I write down my crazy idea's...and sometimes - especially when I really want to put a trade through - I'll trash it and draw it again. This is very helpful, it gives more ideas, and furthermore it will help you in your quest to toss out emotion. A key idea, is drawing yourself a bearish chart as well. I recognize this is tougher to do if you're holding coins. However there can be nothing more important than giving yourself the chance to look at the opposing view. Draw it up with the absolute belief its going down. Look at that supporting evidence. How does that compare to the other charts you've built? I would love to see some of your charts guys. I appreciate all of the kind words, and compliments you all have paid me up to now. I enjoy being a part of this great community, and you all are the reason why!
COINBASE:BTCUSD
by blessmywork
8
The Trend: EP2 -- Managing OurselvesWelcome back yall! Today on The Trend we talk about the unknown direction of BTC. It's a challenge to call a move upward, or downward with long term trends crashing one another. What usually gives it away? VOLUME . There is no volume in sight. We have to wait untill we see some volume to have conviction in the next move. Later today - or possibly tomorrow we're going to create one of the most important pivots we've had since the 15-17k retests. These are the times we have to manage ourselves. These are the times we have to have the discipline to set stop-limit's and protect ourselves from price-action that could empty our wallets. This is not the time to get hopped up on a new indicator, and think we know whats going to happen in a market which is running so cold, for so long, with little volume. Lets take some solace in what we DO know : There is a giant sum of money on the sideline There is a ton of capital in Alts which left BTC earlier this month - ripe to come back The mining difficulty has not gone down, indicating sentiment that BTC is not dying Talk, chatter, and new analysts are picking up BTC daily! This is not a market losing favor! Now some last minute things. Last night I had a moderator who was nice enough to point out that I don't need to create a second idea for you to "Make it mine" on my chart! Apparently that works on the video too! So if you want to steal the chart from this video and muck it up yourself, simply click the "share" button on the bottom right of the video, and choose "Make it Mine" on the window which pulls up afterwards. If you have questions, challenges, or ideas you want to show off relating to this episode of The Trend I would like to encourage you use that feature. I appreciate everyones support, and thank you for all the kind reviews so far!
COINBASE:BTCUSD
by blessmywork
15
A war of Faith -- BTCHere I go at length discussing training channels. Especially flattened trading channels. It is important to note that sideways action is important - at least as important as the uptrends and downtrends. In my last video I show a "support cloud" and a "resistance cloud" (Those are my terms, I've never seen anyone else use them) and they are built by sideways trading channels. Here I get into that idea a little bit more and try and explain why historical data shows me they are important. It also may help explain why I think we are in one for the time being. I hope you learn something, and thanks for your time!
COINBASE:BTCUSD
by blessmywork
11
Calming the StormUp? FOMO? Higher? MOON?!? Down? Bear? Crash? DJIA? There is a ton of nonsense out there guys. A ton of people trying to tell you how to trade. Whatever side you're on, I think you should hang out. Things are starting to look like there is some positivism back in BTC. If you're long here, stay long -- I don't see anything to turn you around. If you're short (God bless you) I don't think I'd be holding a short position here...but you have some data on your side. Being neutral is OK. Waiting for the confirmation before you jump is perfectly acceptable - there are others with you. Lets look at it together and see how we "feel" about BTC!
COINBASE:BTCUSD
by blessmywork
26
Get ready for a trip to the STRATosphere!So here we have STRAT and it looks ready for a move to the upside after creating an accumulation base that should project us to our first target of .0016 with much more upside to be expected. Further updates and in depth charts will be posted for our Apex paid members including new coins that are about to move to the upside. Currently we have a sale for the Apex Yearly membership to celebrate the New Year! Sale ends in 3 hours so hurry and click below to join: www.theapexgroup.co
SLong
by UnknownUnicorn691562
4