I hope this can be a useful resource. It is one of the most spot-on indicators for when to enter a market.
Source: Python Parseltongue
I wanted to share this as one of the resources being shared to me by Bryan Downing. He is a Quant who provides a lot of free information; I have been following his material for the last month. Harmonic patterns are used most often in the professional trading industry for Forex markets, and most likely cryptocurrencies as well. I will dive into this material tomorrow.
As of tonight, I am finishing up some MySQL homework. I'd rather be working on Python, but assignments are assignments.
It was a good day of stress relieving at the gym today. I was speaking with an older Chinese gentleman who informed me of all the mistakes he made in the market. He was very encouraging of me taking any great opportunity that presents itself. The guy, Paul, reminded me of my friend Jay. It's nice to be surrounded by more intelligent people than myself.
I bought some Bitcoin last night because the RSI was low. This indicator is useful, but there are drawbacks to it being easy to use. We still need more indicators to provide an additional edge.
Have a good night, guys!
****The strategies guided through Harmonic Patterns are most effective when fewer traders know about it. Nobody really looks at my Steem page anyways, so I hope those that do will benefit from it.
@kevbotThis channel is meant to be my journal of thoughts on crypto, working, traveling, and food. Sourced with photos, videos, and blogs.