Who follows me are already familiarized with my trading style, I like to catch the big moves and surf a nice trend, so I don’t do day trade. For instance, we did catch the last bullish trend here on BTC, when the chart was looking like this:
And it reached our main target, as you can see in that analysis:
I like to watch the hourly, daily and weekly timeframe, and despite my style, sometimes we can find interesting opportunities in just one timeframe. Look the hourly chart above again. It did very technical moves and we can trade them even with my no-indicator approach.
It did a lot of successful patterns, like H&S, flag, double bottoms and a major triangle breakout. It would be nice if the price hit the U$ 9.5k again, but I’m not sure if that will happen so soon. The price found support in the middle of these black lines (previous tops zone), and now the struggle continues.
Remember to follow me, I’m a trader who uses the classic technical analysis (barely any indicator, just the candles and the volume). Like this idea if it helped.
Thank you very much.
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* My name is Nathan, I'm a trader and portfolio manager and I'm here to LEARN. Leave your COMMENT and FOLLOW me to keep in touch. *
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