March 28, 2019
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Hope you come to the right place! See our thought and decide for your self.
But, remember we Do Not suggest you trade! We only share with you our trading thought.
BTC-USD Bitcoin Price Action Charting
Study Bitcoin price chart.
See chart, picture worth a thousand words.
In trading, you must learn how to “see thing” differently. It depend on where you draw you resistance. Any price action above the resistance are all consider trapped.
And this is true till when there is another price action above the current last high in the market for this chart. So, in short, the investor of the bitcoin here are all trapped. Any the result to get out is to sell off, and this is also resulting on the “crash” or price down.
Trading is no different from running a business. You must equip with the mind set in buy and sell. Do not just expect the price action will continue to go higher and higher.
Trade with your eyes open.
Moses Stock Observation
AmiBrokerAcademy.com
Disclaimer
The above result is for illustration purpose. It is not meant to be used for buy or sell decision. We do not recommend any particular stocks. If particular stocks of such are mentioned, they are meant as demonstration of Amibroker as a powerful charting software and MACD. Amibroker can program to scan the stocks for buy and sell signals.
These are script generated signals. Not all scan results are shown here. The MACD signal should use with price action. Users must understand what MACD and price action are all about before using them. If necessary you should attend a course to learn more on Technical Analysis (TA) and Moving Average Convergence Divergence, MACD.
Once again, the website does not guarantee any results or investment return based on the information and instruction you have read here. It should be used as learning aids only and if you decide to trade real money, all trading decision should be your own.