Hi all, Here is a quick tutorial on how I draw support and resistance lines. A few things to keep in mind are use multiple time frames to get a more comprehensive understanding of trend and to determine which lines are more significant than others. Also, by using these lines you can set more accurate limit orders and save money by not having to pay extra fees for...
Hi all, Here is a short term analysis on bitcoin. We are beginning to experience some bearish sentiment. We could easily retest the breakout at $55,800 or even go a bit lower towards $55,000 before continuing upward. With that said, we need to keep an eye put for the lower time frames because the larger time frames are currently bullish so if we get above...
Hi all, Here is a brief analysis of bitcoin in the Near Term time frame. Shortly, I will also post an analysis of short term time frames. On the larger time frames included in this video (3 day and 4 day) I am quite bullish as long as nothing dramatically changes in the lower time frames. If you are interested in using the indicators in this video yourself,...