Topic: what is to monitor every day ? (Read 127 times)
Confidence on your TA or what to monitor for TA itself? I used to watch the Bitcoin movement itself, as well as news back when I was still trading. Wasn't really able to last long (since there was a lot of things you need to pay attention to), but it was mostly just news as well as the charts itself. Volume can also be one aspect to take into account. I also used to only trade around in a specific limited time, so that I don't overstep my boundaries. I try to play around that time frame and see what possible changes could happen, then base my moves off of my predictions.
For me a good trick is monitor the movement of bitcoin cause majority of altcoins and other well known coins are following its trend. Once its goes up some have also gone up but this is not always the case. Its just based on my personal observation. Like the crash last night, majority bleed too when bitcoin crash a bit. But it's better to used indicators and parameters to distinguish and predict its movement.
hello guys
good time
What should be monitored every day to increase the confidence of technical analysis ?
example dominance? volume? market cap?
what are you monitoring every time ?
Times like this? what i am monitoring is the Dumping coins as I'm on a Hunt of what is best to Buy now .good time
What should be monitored every day to increase the confidence of technical analysis ?
example dominance? volume? market cap?
what are you monitoring every time ?
For the past weeks i am looking for the Bitcoin Dominance and marketcap but now it is altcoins that i want to target.
we Know how much we can Gain if we find Gem in this market so since i have already profit from my Past holdings then i guess it is good to look for a new sets of investments now.
hello guys
good time
What should be monitored every day to increase the confidence of technical analysis ?
example dominance? volume? market cap?
what are you monitoring every time ?
good time
What should be monitored every day to increase the confidence of technical analysis ?
example dominance? volume? market cap?
what are you monitoring every time ?
It depends on the trader and what he/she understands better. But if you're looking for a generic response, I'd say you can focus on the price action on the charts and monitor it to understand the flow of the market and at the very least get an idea of what the overall market sentiment is. I think that would help bolster one's TA. As a trader, you need to be able to monitor the market and understand what the market is telling you.
Also, Its also worth keeping a close eye on Bitcoin's dominance index. I think that's an important metrics that does come in handy regardless of whether you're trading BTC ir alts.
I think it is not necessary, when you are trading in the traditional buy and sell way it will not be necessary to see the price every day, but if you are trading the futures method then you should be able to see the condition of the coin price on the exchange and what you should know is not always price movements are in accordance with technical analysis, no one can accurately predict price movements, so maybe if you don't have much time to help the price then I suggest buying coins that have the potential and have a limited supply and after that you can let the price go up goes up and can make a lot of profit for you when the price goes up.
News I guess.
It is one indicator to see if there are bullish signs from the institutions. And it's no question that they've been helpful to me just like those $1.5B bitcoin purchase made by Tesla.
I'd say that it's also the same as with you guys. There are bad and good news everyday but you'll get to see and analyze which of them is likely to have a big impact to the market.
It is one indicator to see if there are bullish signs from the institutions. And it's no question that they've been helpful to me just like those $1.5B bitcoin purchase made by Tesla.
I'd say that it's also the same as with you guys. There are bad and good news everyday but you'll get to see and analyze which of them is likely to have a big impact to the market.
hello guys
good time
What should be monitored every day to increase the confidence of technical analysis ?
example dominance? volume? market cap?
what are you monitoring every time ?
good time
What should be monitored every day to increase the confidence of technical analysis ?
example dominance? volume? market cap?
what are you monitoring every time ?
When you do talk about technical analysis then it depends on what time frame you do plot out those indicators because it can neither be on longer time frame duration
or just good for shorter ones which you would need to check out every now and then if you are really waiting up for some chances or hints neither you do
sell or buy. Its up to someone on how he manage up his time because not all would have the same idea or thing in mind on handling up their trades.
Monitoring isnt necessary unless if you do go full time and have lots of time to spent.
hello guys
good time
What should be monitored every day to increase the confidence of technical analysis ?
example dominance? volume? market cap?
what are you monitoring every time ?
Traders and hunters are always monitor the crypto market because they have huge volume of bucket is holding the market. In reality everyone mainly monitor the BTC rates dogecoin and Binance coin so huge volume is main target to monitor in crypto market. I hope lot of hidden secrets are available in the market so hard to share the entire guidance. good time
What should be monitored every day to increase the confidence of technical analysis ?
example dominance? volume? market cap?
what are you monitoring every time ?
In a time of a bull market like this, I guess you can be confident even if your skill is not that good in pretty much everything with any indicators.
TA is not suitable with low volume and marketcap coins, so I suggest you practice it on top 10 coins like BTC, ETH, etc. I used to be a swing trader that follows the buy the rumor sell news principle, so I guess following a channel like Unfolded might be a good idea if you need more confidence in your TA analysis.
TA is not suitable with low volume and marketcap coins, so I suggest you practice it on top 10 coins like BTC, ETH, etc. I used to be a swing trader that follows the buy the rumor sell news principle, so I guess following a channel like Unfolded might be a good idea if you need more confidence in your TA analysis.
hello guys
good time
What should be monitored every day to increase the confidence of technical analysis ?
example dominance? volume? market cap?
what are you monitoring every time ?
good time
What should be monitored every day to increase the confidence of technical analysis ?
example dominance? volume? market cap?
what are you monitoring every time ?
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