Hi everyone,
I would like to analyze the Bitcoin chart.
This is a very interesting challenge to me.
Because I was bankrupt a few days ago.
Yes, that's right. I was bankrupt at Bitmex, the meka and grave of Bitcoin Traders.
They took away $ 100,000 of my money. (My wife does not know this yet!)
And,
Surprisingly, while losing my entire fortune, I found a new fact.
When I'm not investing in Bitcoin (though paradoxically),
I can very much analyze and respond to Bitcoin chart flow.
In fact, I'm making huge profits from my mock investment.
Yes,
Somebody might say this.
"Everyone is good at mock investment, but it is a compelling interpretation.
'If I invested like this, I would make a big deal!' It's kind of self-hypnosis."
But not.
I was advising some friends through messenger, and it was really really GOOD!
This is the conclusion of the above story.
When I do not invest, I can analyze the chart relatively objectively and coolly, and this analysis is fine.
In addition, since Bitcoin is the Index of Cryptocurrency, you can see the basic buying and selling points of all coins.
Bitcoin is Bitcoin's own chart flow and analysis method.
I already paid a $ 100,000 tuition. And I will write what I have learned, here.
I hope that my know-how will help someone. (Especially, beginners)
Mmmm.
I think I should mention at least one case.
Let's look at the chart below. (This is a 1 minute chart of UTC May 17th.)
The zigzag chart changes into a soft arc at any moment.
Yes, that's right. Regardless of which coin you invested in, this is the time to escape immediately.
And what happened?
A white box invokes the following yellow box.
Only the person who escaped will survive.
This is not a prophecy of Nostradamus. Of course it may be wrong.
What we must bear in mind is that there is no 100% chance of outlook.
However, this is expected to decline sharply with a very high probability and you will have to escape.
Chart analysis is very similar to weather forecasts. Of course, the forecast may be wrong, but it is foolish to go out without an umbrella when there is a forecast that it will rain in the afternoon.
The know-how I say is like this.
First, I have prepared the following columns as Intro.
