IOTA consolidates in a massive channel with no promise of a breakout yet
We also see a possible ascending triangle form, but does not guarantee a breakout up keep in mind.
The hourly RSI struggles to break bullish zone above 75+, let alone 60.
Always be cautious, take high probability trades, plan entries and exits, stick to high reward low risk R:R setups. Good luck traders
Please consider these videos:
Lesson 1 - Bitfinex Tutorial - How to Customize and Set Up Bitfinex
Lesson 2 - Tutorial Part 2 How to Analyze Candlesticks Charts with Strategy
Lesson 3- Let's learn Moving Averages
Lesson 4- Let's Learn Relative Strength Index RSI with Advanced Strategy
Lesson 5 Let's Learn MACD and Histogram
Lesson 6 Let's Learn Margin Trading Long, Short, Leveraging
Lesson 7 Let's Learn Basic Risk Management
Lesson 8 Let's Learn Fibonacci Retracement Part 1
Lesson 9 Let's Learn Fibonacci Extension Part 2
Lesson 10 Quick Intro to Analyzing Level 2
Lesson 11 Introduction to Laddering
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The ultimate goal is to help the crypto community because I think there's a lack of these type of videos. I want to share everything I've learned because knowledge is only power if passed on. These are educational videos intended to teach how to think through thought-out rationalization.
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Thx Phil....You have really helped me with my trading. Signed up with Steemit to support you.
Yea, his TA definitely gives a more balanced views than haejin's mostly optimistic charting - which is a double edge sword as he gets more views and votes during rallies but got hammered in a depressed market like now. Phil's TA ought to get more views imho.
I've signed up steemit to support both of them too, and while I'm at it, I've invested a lot more on steem as I think it has great potential not just on blogging but do check out the D-tube, steemIMG photo hosting/sharing service, and I believe there's a music/sound byte website and also a freelancer/job website service all running on the steem blockchain.
Buy some steem and steem dollars from Bittrex, then transfer the coins into your steemit here, and thereby gaining some "steem power" to upvote your favourite posts. I think steem will moon some day too, as it's a block chain that's top in activity and not a vapourware.
Hello @philakonecrypto Thank you for your IOTA analysis! Could you please tell me if this looks accurate? It's my analysis on SHND/Dodge trading. The live chart is in this link: https://www.coinexchange.io/market/SHND/DOGE
This is my analysis:
Thank you!!!
Coins mentioned in post:
I'm realllllly loving these videos! Quick question - the more I've seen you use elliot wave theory the more I'm thinking I'd like to learn that and use it as a major tool.
Is there any specific video that you have/you've seen that explains the theory in depth?
I want to understand WHY it works the way it works.. not just memorize what to look for. Thank you!
Hi philakone,, I follow you on twitter and have just signed up here to support you.. ps please share your spreadsheet again
Thanks, but there is nothing in your post about BTC / alt 'relationship', is it normal, like a test to see how people vote lol (you got 8 votes for just a title and an image without explaination) ?????