Topic: Simple Analysis (Read 2357 times)
Here is the log scale of the above image.
Not much difference.
Not much difference.
I will try it.
I think log scale is for long term and very big price movements.
I think log scale is for long term and very big price movements.
@1pakis
have you thought of using logarithmic scale?
you'd have a different view
have you thought of using logarithmic scale?
you'd have a different view
These charts are all of the past. When do we get the future ones?
I'd pay some decent coin for SierraChart:Future!
These charts are all of the past. When do we get the future ones?
Well, if you don't have a specific method and just draw straight lines and connect them somewhere then it seems like a random analysis that shows nothing.
Truth be told, I'm skeptical about technical analysis in general.
Well, you can see that the trend-lines show obvious support/resistance, and that the descending channel was broken out of today. I would recommend however, the use of parallel lines to mark the top/bottom extremes of the channels, and everyone would be able to see how these channels hold up over time.
Quote
Care to explain your methods?
I don't have any specific method.
When you draw lines, channels, fibs, e.t.c. you use the extremes.
I don't recomment any entry or exit points.
I just try to keep it simple and not overanalyse.
Truth be told, I'm skeptical about technical analysis in general.
Quote
Care to explain your methods?
I don't have any specific method.
When you draw lines, channels, fibs, e.t.c. you use the extremes.
I don't recomment any entry or exit points.
I just try to keep it simple and not overanalyse.
I thing because they are simple they are somehow self explained 
From what I see, I understand that you use minimum and maximum day prices in certain days (typically in long-time lows and peaks). However, I don't understand how maximum and minimum prices in these days are relevant. You know, sometimes people sell/buy small amounts of bitcoins for much less/more than what market price is.Care to explain your methods?
I thing because they are simple they are somehow self explained
I 'm starting this thread in order to keep a log of very simple analysis usually without comments from me.
Why no comments? Given this is a forum community, a description would be helpful to a lot of people even if it is only one sentence.
ur SC configuration is not correct
Where is the mistake?What should I do to correct it?
I 'm starting this thread in order to keep a log of very simple analysis usually without comments from me.
You can comment you as much as you want.
Lets start:
You can comment you as much as you want.
Lets start:
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