/biz/ - Business & Finance

>>12361266

How can you be so sure, price will breach $4200 + thereby hitting a higher high since the start of the bear-market? This would be a turning point.
You draw lines. You draw patterns. Have you taken the underlying volume
Market depth ratios, open-interest, long vs short positions into consideration, funding rates?
There is much than meets the eye.


I see a bearish volume price divergence on the daychart. (bitstamp) That is a early warning that the trend might reverse downwards.


That is not my position, stop assuming. I found it funny that this dude showed his position and T.A and you didn't.
I don't trade gann, elliotwaves, patterns.
I trade trends on the 3-4hour (adx with volume-price)