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Important 🚨! $BTC analysis method!
Here, I'm going to explain a chart analysis for BTC. It has an accuracy of 70-80%.
It's for educational purposes!
You can perform some trial trades to study this basic method! It's the very basics of analysis!
Need all your focus here to explain! Sit back, relax, and start to imagine, and let your brain work!
Imagine a car moving! Now, the car has a clear idea to move forward, so it can move smoothly or fast, two possibilities!
That car wants to turn, so it will slow down! The brake will be applied, so the speed is going to slow down and stop!
So, in both conditions, you should imagine a clear road with a car!
The speed I mentioned is the momentum of chart candles! If the candle size is high, there is big momentum, so the trade trend is stable! The car knows its riding way is good!
Now, the momentum is reducing, which means in the same time frame, the size of the candle is reducing, which means it's decided to change its direction! - the car wants to take a turn, so it reduces the speed for a turn!
I ask you all to read the above content three times! Yes, it's basic like this, there are thousands of ideas to analyze! I'll explain step by step!
I started here; it will be a long content, I know!
Tomorrow, a content for candles & wicks.
It’s only 0.1% of analysing knowledge I know it’s hard to teach to complete but I’ll try my best !
A piece from #whaletracker
Here, I'm going to explain a chart analysis for BTC. It has an accuracy of 70-80%.
It's for educational purposes!
You can perform some trial trades to study this basic method! It's the very basics of analysis!
Need all your focus here to explain! Sit back, relax, and start to imagine, and let your brain work!
Imagine a car moving! Now, the car has a clear idea to move forward, so it can move smoothly or fast, two possibilities!
That car wants to turn, so it will slow down! The brake will be applied, so the speed is going to slow down and stop!
So, in both conditions, you should imagine a clear road with a car!
The speed I mentioned is the momentum of chart candles! If the candle size is high, there is big momentum, so the trade trend is stable! The car knows its riding way is good!
Now, the momentum is reducing, which means in the same time frame, the size of the candle is reducing, which means it's decided to change its direction! - the car wants to take a turn, so it reduces the speed for a turn!
I ask you all to read the above content three times! Yes, it's basic like this, there are thousands of ideas to analyze! I'll explain step by step!
I started here; it will be a long content, I know!
Tomorrow, a content for candles & wicks.
It’s only 0.1% of analysing knowledge I know it’s hard to teach to complete but I’ll try my best !
A piece from #whaletracker
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