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RE: BTC/USDT Technical Analysis May 29th 2017

in #bitcoin7 years ago

Great analysis! I have been doing technical analysis for years! It is quite a journey but very rewarding to be able to dissect market moves. I also post a lot of technical analysis stuff as well!

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Hey thanks that means a lot coming from a vet! Although my journey has just began, I am have a blast learning and executing trades!. I'm going to follow you so I can learn as much as I can from your posts, so that I can hopefully continue to improve. Looking forward to reading your future posts!

Follow as many people as you can and take bits and pieces to make yourself even better! One thing I got caught up on when I was new was the patterns. What I have learned is the psychology of the market behind the patterns to understand what is going happening on a deeper level. Are people waiting to get out? Are people tripping over themselves to get into a rally? Questions like those will put you in the right mindset.

Hmm, I definitely never took the psychology behind the market in regards to which direction it will head after finishing a patter. I'm sure I could have found myself on the winning side of many of my previous trades if I interpreted the market on a deeper level. I'm going to definitely pay attention to your posts and ask as many questions as I can, so thank you for the advice! Looking forward to your continued support!

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