How I Traded/Analyzed this last week 95% CorrectExcuse the breaths, I believe I have bronchitis.
I use the replay feature to go over what I was looking at over part of this last week. I think it is pretty insightful and at the same time, shows how even though I have been right almost 100% on recent "if x does x scenarios" there are definitely times that I look at the chart and say: "I'm just not sure what is going on?" and need to wait to see what happens.
I hope this is helpful and gives some insight. I think my way of trading is one of the easiest to pick up and is pattern recognition friendly, but because I do not have a lot of indicators, there is more importance on the movement of everything itself and somewhat the "fundamentals of the market" as opposed to the fundamentals of a crypto coin itself.
Mainly, I ask myself "What pattern and movement will make this look the most bearish and bullish. If i had billions or millions of dollars, I would only reinforce the spots that look good for me, but I might also reinforce the spots that will make it look bad for the other side. So maybe a heavily weighted bear was buying BTC earlier to keep the price near the resistance, but not pushing it past that spot. Now they are creating more bears. Sometimes it is more bullish to go past the current price if the price just drops.
