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RE: Digibyte Ready To Take Off | Technical Analysis | Breakout Imminent
Hey, that was a good analysis of Digibyte! I think that if you go into the what resistance and support is, as well as draw out and explain that bull flag pattern I see forming on the chart, you will take your analysis to the next level! I think you have a lot of potential here, so take the time to delve deeper into explaining your TA, and i'm sure you will get more readers and upvotes!Just followed you. Check out my page when you get a chance, and if you think it's quality, please consider following me back!
I appreciate this post and would love a more deeper analysis that @waphilip is talking about. Cheers to you both!
Hi @veritees,
@waphilip is asking to explain what support and resistance is, here's a good link to it: https://en.wikipedia.org/wiki/Support_and_resistance
@waphilip also is implying there's a bull flag somewhere forming. That would be interesting to see, can you post a chart? Because I can tell you there's absolutely no flag, bull or bear, that is active right now. So if you post a chart with the flag, I'll be happy to discuss.
I don't plan to write about the fundamentals of trading itself, as these are well covered all over the web already. But if you have a specific question in regards to my charts itself, or if there's something about it you don't understand, feel free to ask and I'll be very happy to explain.
Cheers,
Hey Waphilip, Thanks for your comments, they're a bit spammy. Also my posts are not tailored for the absolute trading beginners despite me making them as simple as possible. But if you'd like to know more about trading there's a nice blog that covers things in a very simple way. It's babypips.com
Personally, I've been trading for over a decade on forex, stocks, bonds, derivatives, precious metals, commodities, swaps, you name it. Just recently got into cryptos. I use a more complex system but here I strip it all down for readability.
Thanks,
Hey sorry! I didn't realize I was being spammy! I was just trying to add some value to your posts! I know a lot of readers don't know the basics of support and resistance so I thought it would add strength to your post if you delved deeper into the basics! I by no means questioned your TA skills and I actually bought some digibyte after reading your post so thank you! I won't comment on your posts anymore and will figure out a way to add value in a less spamy way. Again, I'm sorry about that.
Phone messed up so disregard this second response