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Technical Analysis: Everything YOU NEED TO KNOW!! πŸ‘¨β€πŸ«



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πŸ“Ί Technical Evaluation Half 2
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– TIMESTAMPS –
0:00 Intro
2:13 What’s Technical Evaluation?
5:08 Technical vs. Basic Evaluation
6:53 How To Use Candlestick Charts
8:50 Buying and selling Quantity
10:34 Patterns in Buying and selling
12:41 Finest Technical Indicators
17:26 Conclusion

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⛓️ πŸ”— Helpful Hyperlinks πŸ”— ⛓️
β–Ί Honma Munehisa, creator of Technical Evaluation:
β–Ί Charles Dow, founding father of Western Technical Evaluation:
β–Ί Widespread Candlestick Patterns:
β–Ί High 10 Technical Indicators:
β–Ί Technical Evaluation for Cryptocurrency:

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❓What’s Technical Evaluation❓

Technical Evaluation is predicated on human psychology, particularly feelings like concern and greed. It posits that these feelings are finally what drive costs up or down, and that these feelings create seen patterns which repeat themselves. Which means with the precise methodology, the long run worth motion of an asset might be predicted utilizing technical evaluation.

Technical evaluation was invented virtually 300 years in the past by a Japanese rice service provider title Hunma Munehisa, who’s believed to be essentially the most profitable dealer of all time. He wrote the primary ebook on market psychology, and the ideas he outlined proceed for use in technical buying and selling at this time.

πŸ“ˆTechnical vs. Basic EvaluationπŸ“‰

Technical Evaluation focuses solely on worth and doesn’t pay a lot consideration to fundamentals. For cryptocurrencies, elementary elements embrace issues like tokenomics, community exercise, the power of the venture’s growth staff, and any notable partnerships the venture has. These fundamentals are sometimes utilized by HODLers and extra skilled merchants to gauge the long-term worth potential of an asset.

Provided that the common cryptocurrency dealer is irrational, many imagine that technical evaluation is simpler than elementary evaluation for that reason. As a rule of thumb, technical evaluation ought to be used for shorter time period buying and selling whereas elementary evaluation ought to be used for long run buying and selling. A mixture of each is important to make sure a transparent image of the cryptocurrency you’re buying and selling.

πŸ€·β€β™‚β€How To Use Candlestick ChartsπŸ€·β€β™‚β€

Technical buying and selling facilities round candlestick charts. Every candlestick consists of a physique and a wick, and every candlestick marks a single unit of the interval you’ve got set the chart to (e.g. 1 hour, 1 day). Whenever you see a candle with a protracted wick on the prime, it means that merchants are taking earnings and worth may drop. Whenever you see a candle with a protracted wick on the backside, this means that merchants are shopping for the dip and worth may pump.

Assist and resistance traces might be drawn utilizing the tops and bottoms of candles inside a given timeframe. These reveal numerous shapes, most notably triangles, which were used for tons of of years to foretell future worth motion.

πŸ“ŠBuying and selling QuantityπŸ“Š

Buying and selling quantity is used to verify the power of a worth pattern. If worth is shortly shifting up or down however the quantity is dropping, the pattern will not be very robust. A excessive quantity of quantity as worth adjustments confirms {that a} breakout to the upside or draw back.

πŸ“The Finest Technical IndicatorsπŸ“

The MACD, the RSI, and Bollinger Bands are a few of the hottest indicators in cryptocurrency buying and selling. Transferring averages help you spot doable assist and resistance factors in addition to forecast future worth exercise.

The RSI helps you establish whether or not an asset is overpriced or undervalued. The Bollinger Band indicator tracks the worth volatility of an asset, sometimes revealing when you should purchase or promote relying on whether or not the worth has gone exterior/beneath or exterior/above of the Bollinger Band vary, respectively.

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πŸ“œ Disclaimer πŸ“œ

The data contained herein is for informational functions solely. Nothing herein shall be construed to be monetary authorized or tax recommendation. The content material of this video is solely the opinions of the speaker who will not be a licensed monetary advisor or registered funding advisor. Buying and selling cryptocurrencies poses appreciable danger of loss. The speaker doesn’t assure any explicit consequence.

#buying and selling #Bitcoin #TA #crypto #evaluation #macd #fx

Source: Coin Bureau

27 Responses

  1. Extremely point by point video πŸš€ Well I will also say this here, Most people don't understand the concept OF "buying the dip" buying the Dip is all about buying digital assets when their prices are down and selling off when the price rises just as the current market is down. Holding is great, Although trading is far more profitable. I was able to grasp the knowledge of trading crypt0 assets early enough, but I was still limited due to my lack of technical under standing of how to analyze the digital market

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  3. <I don't really kick against Hodling, but due to the b,tc predictions, a lot of people has taken it as an advantage to hold and wait for bitcoin to skyrocket, although this is not what we expected the current bitcoin price to be as always predicted, I know so many people in the market depend on buying at a low price and selling high, I don't advise that because of the unpredictable nature of d market. But in order to be on the safe side of the market, trading these crypto assets which are just at the point of skyrocketing hereby accumulating more instead of losing it to the bears is the best advice and strategy. In order to get full understanding and guidance, the help of an expert like Felix would do so much good in the market. I have made over 8 BTC from just copying already proven trad signals and not buying the dip. Y'all can get in touch with Felix on lG (@felixtrades0) for inquiries into a profitable system.I am spreading this for those who haven't been able to make a consistent profit off the mark

  4. <Fantastic video πŸ“‰πŸ˜ŽLooking at the bullish moves top crypto assets has been having since last year, I'd call it a very big win for hodlers of btc. Though 2021 is set for much bigger gains as predicted by analysts, personally holding is still a very odd way of making gains which isn't really my thing, considering the Dynamics and low bucks one gains within the time. I prefer trading assets which has provided me a far bigger pay gain than I initially imagined, although am still far from being an expert trader. Trading is serious business that is both technical and demanding, major reason I just employ the use of signals from trade expert Harold, I will admit his signals and trade guide has been top notch and core to my trading successes, trading experience and good mastery of the market really sets him apart from other pro trader. He can be reached on (I.G) [{@Haroldfxtrade}] for all crypto related inquiries.

  5. When people have the signal and the confirmation of the bear market "whenever it is" as you say , their portfolio will be already 70% at the best minus! People and traders should be try to be ahead from the market or at least react fast. Because all the indicators "rsi-macd-Ema-…" Are lagging indicators ! So why someone to hold all the way from 65-28 , when he could double his position by selling and buying back .And wait for confirmations in any direction … Slogans like HODL and Diamond πŸ’ hands are just for inexperienced people that they think that there is no other direction other than the moon. If you ever need an experienced tradr that will show accurate TA.. He can be contacted via IG @Haroldfxtrade for inquiries into profitable trading strategy…

  6. There's no doubt in my mind that we are not only going bull, but BTCis going nuclear. A lot of people are wondering if now is a good time to buy because of where the price is at right now. I'd say it's outrightly wrong to just sit back hodl and wait maybe incur some losses along the line, that's a wrong mindset for an investor because as an investor finding ways to always increase and stack up more coins thereby making prof!ts should be the way of lifeThat being said, the market is still all about BTC at the moment and I’ll advise current investors and newbies to take advantage of Mr Harold program, a pro trader who runs a training program for investors/newbies who lack understanding on how trading Bitcoin works, to help them recover loss from the crash and also accumulate more bitcoin, with his program i went from having 1.3 to 6btc in just 9 weeks

    Contact Mr Harold trade expert via:

    W>h>a>t>s>a>p>p + 1.4.0.8.7.6.3.3.1.4.5 or IG @Haroldfxtrade

  7. <πŸ§β€β™‚οΈβ‚Ώ TC price is prone to volatile swings, making it historically popular for traders to speculate on . According to bitcoin halving cycles, there should be at least other 4 months in this bull run, so, if the PI indicator (and Bitcoin) might repeat a similar bull run to 2013. That would mean a local top relatively close in time and then another top to end the bull run towards mid year. lnvestors and traders find it difficult to decide how best to utilise the current Market, hodling is profitable but tradlng is far more profitable. I was able to grasp the knowledge of tradlng crypt0 assets early enough, I didn’t think it was possible to make constant win from tradlng till I came across Haroldfxtrade on IG program for lnvestors/newbies who lack understanding on how tradlng B TC works, to help them stack up more BitΒ’Οƒ!ΠΈ, since late last year till date I have made over 19β‚ΏTC from 2.6β‚ΏTC with Haroldfxtrade…

  8. <πŸ§β€β™‚οΈβ‚Ώ TC price is prone to volatile swings, making it historically popular for traders to speculate on . According to bitcoin halving cycles, there should be at least other 4 months in this bull run, so, if the PI indicator (and Bitcoin) might repeat a similar bull run to 2013. That would mean a local top relatively close in time and then another top to end the bull run towards mid year. lnvestors and traders find it difficult to decide how best to utilise the current Market, hodling is profitable but tradlng is far more profitable. I was able to grasp the knowledge of tradlng crypt0 assets early enough, I didn’t think it was possible to make constant win from tradlng till I came across Haroldfxtrade on IG program for lnvestors/newbies who lack understanding on how tradlng B TC works, to help them stack up more BitΒ’Οƒ!ΠΈ, since late last year till date I have made over 19β‚ΏTC from 2.6β‚ΏTC with Haroldfxtrade…

  9. πŸ§β€β™‚οΈβ‚Ώ TC price is prone to volatile swings, making it historically popular for traders to speculate on . According to bitcoin halving cycles, there should be at least other 4 months in this bull run, so, if the PI indicator (and Bitcoin) might repeat a similar bull run to 2013. That would mean a local top relatively close in time and then another top to end the bull run towards mid year. lnvestors and traders find it difficult to decide how best to utilise the current Market, hodling is profitable but tradlng is far more profitable. I was able to grasp the knowledge of tradlng crypt0 assets early enough, I didn’t think it was possible to make constant win from tradlng till I came across Haroldfxtrade on IG program for lnvestors/newbies who lack understanding on how tradlng B TC works, to help them stack up more BitΒ’Οƒ!ΠΈ, since late last year till date I have made over 19β‚ΏTC from 2.6β‚ΏTC with Haroldfxtrade…

  10. Those who would allow the market dynamism determine when to trade or not are either new in crypto currency world in general or probably just naive, crypto currencies have seen far worse times than this, enlightened traders continue to make good use of the dip and pump even acquiring more equities towards trading sessions. I know doing Technical Analysis can be quite difficult which is why most newbies/ traders neglect day trading their coins and stick to Hodling which is very dangerous as when the market goes bearish, they loose their investment. I'd strongly advise any newbie/ traders to buy the dip and seek help from not just any trader but an established trading expert with at least 89% trade accuracy. I underwent series of trading loses I'd best not talk about before I was introduced to trading analyst of Mr Mike Nigel. My contact with him has been the Hallmark of this year for me, under his careful guide and his signal service I've been able to recover my losses and even grow my trading portfolio massively from 1.3 bβ€’tβ€’c to 5.5 bβ€’tβ€’c in just 5 weeks. I will advice traders especially newbies to have orientation of trading before they involve in it. Mr Mike makes you learn daily while you make profit with his signals. He can be contacted VIA Tel-gram(@TechifyCryptfx) for inquiries into profitable trading strategy…

  11. I have been able to understand that there are two sides when it comes to crypto and everyone has their opinions when it comes to choosing sides, though i am not kicking against Hodlin, but I see it as an old and odd strategy to make profit of the market as when the market goes bearish investors/traders loses their investment which is always painful, when you can take advantage of the market by involving in day trading or copying trade alert from a professional trader that understand the market and use strategy to generate signals daily to make profit, to grow your portfolio as i have been doing with Mr Nigel Howes. for the past 5 weeks and i have been able to trade to grow my initial 0.8 btc to 6.8 btc which you will rethink and see that trading is better/profitable. Mr Mike crypto Expert. daily signals are very accurate and always yields a great positive return on investment. Contact on tele-gra:m : @TechifyCryptfx

  12. From the look of things and according to experts in the crypto space. This period is the perfect time to buy the dip and accumulate irrespective of the bulls being under pressure. Bitcoin moving up is unpreventable and would see the price of bitcoin surpass it's all-time highs. The reversal was imminent because obviously, the bitcoin market needed a correction to gather the right momentum to give the bulls more steam and this just makes it the perfect time to invest and accumulate as much as possible. However i see every market as an advantage to make more profits as this is a very good buy zone and also to trade with a working strategy/daily signals, this i have been doing with Mr Felix daily signals which has been so accurate and well profit-making, Last month i was able to grow and accumulate a total of 6.8btc with my initial 1.2btc which you would agree is a very good profits. I see no reason to panic when you can build your portfolio with Felix daily signals and guides, Felix can be reached on lG: @Felixtrades0 for inquiries into profitable trading systems.

  13. I must say this was a video that I watched uninterrupted and wished it would never end. It was very refreshing and was able to setup my trading environment and could see all the things Guy mentioned in it. Very clean recording and smooth narrative.

  14. Thanks for this great video it has been helpful, but i must say that let's not only buy cryptocurrency but also invest with it while it last. I have been investing through mrs phiona florence, she has an amazing trading skills and trustworthy.

  15. To be Sincere I've always preferred Forex trading since I've been investing and trading with Harry George (Harry_fxvalue) 0’ Γ± l, g he's the best expert ever. Throughout the outbreak of the Corona virus, lockdown and quarantine even till now he always kept he's words by helping me maximize my capital through trading to generate more than enough weekly profits for myself and my family. We really want to say a big thank you I'm financially free!!!

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