ADA | Cardano Crypto Price Action | Moses Simple Price Action Chart | Cryptocurrency | AmiBrokerAcademy.com

26 August 2021

Welcome!

Welcome to AmiBroker Academy dot com, amibrokeracademy.com.

This not a site for those just want to know, buy or sell. We don’t provide you the buy or sell information, we provide you the thought you can decide and take responsibility.

Trading is all about observation, reading the price bar and not news. By the time you hear the news it is already old and become history. Why? It is very simple, remember where the news come from? It has first someone release to the news agency like CNBC, and so on. Next, someone has to read the news to you after some research and summarize. This will be few hours later, by then the price action has already done.

As for price bar, it is what the market supply and remand. When market feel that is over price, the price will drop. All this reflected on the price bar almost instantly.

Next is how to read our price bar plus using some tools, such as MACD.

Here, we simply translate price action chart into layman language. This will help you in understand the financial instrument you are trading. We believe picture worth a thousand words. So, sometimes we use less words. You can learn the price action interpretation too. Give it a tray. You may not have the same view points as us. Remember all analysis read price action chart differently. It is just like reading an essay, we will have different conclusion.

Trade well.

Trade what you see. Manage your risk.

1) Cardano Crypto and Price Action

Trading is actually very simple. Buy low and sell high. Price Action is either moves up or down or sideways. Study Cardano Crypto price action, price action goes from low to high and pullback and breakout higher. If we add the symmetry triangle, you could easily see the price action pattern, such as AB=CD.

Trade what you see. Mange your risk.

20210826 Cardano Crypto and Price Action

Moses Power Charting

Official AmiBrokerAcademy.com Charting

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.

We learn from many past and present great traders. Kudo to these master.