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U_HXalD

01/08/2021 07:52

$Bitcoin To any newcomers BEFORE YOU BUY
(OG’s add to the list!):
- Learn how to read candlesticks (watch a youtube video)
- Have an understanding of the visual consolidation of candlesticks when changing incriments (I.e. 1 min -> 3 min)
- Understand the terms bearish and bullish
- Understand the difference between Market & Limit buy / sell
Disclaimer: The comments, opinions and analysis expressed herein are for informational and educational purposes only and shoulk not be considered as individual investment advice or recommendations. Webull is not responsible or liable in any way for comments posted by pur users.

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All Comments(8)

Sam01/08/2021 08:26
lmao u don't trade bitcncoin you hold at this point

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Jackson01/08/2021 08:20
Stop trying to trade bitcoin. Its a losers game

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Jlo***com01/08/2021 08:11
just keep buying and buying as much as possible and hodl forever. dont daytrade bitcoin duh

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spread_doctor01/08/2021 08:08
- 1-4 hour for weekly reversal or consolidation patterns

-daily-weekly for anything bigger

15-30m charts for intraday and 1-3m for scalping. I'm changing up what I put into another comment but I think this is better

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U_HXalD01/08/2021 08:02
*Clarification*
(Consolodation of candlesticks)
I am referrIng to the understanding that when switching from 1 minute increments to 2 minutes— Visually, 2 1-minute candlesticks are combined into one.

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Stockbull 01/08/2021 07:59
You look at all the charts in sequence to see where shit be goin. No 1 min 3 min gonna do you much in gauging a possible trend.

Stockbull 01/08/2021 08:09

Exactly my point as an hour ago the RSI was still up and the MACD had further to fall on the 1 hr. Now one can semi confirm the uptrend on the 3 min and expand out incrementally to confirm the trend.

spread_doctor01/08/2021 08:04

well the 1-4hr has more uses than a parabolic trend but long term reversal's

View all 3 replies

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mik***com01/08/2021 07:59
i like to look at the 15 sometimes even as low as the 5 but this is a long game at the this point... iv been hodling since 12k and wish i never traded in and out and just held iv been trading it since 6k

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mik***com01/08/2021 07:55
great advice i learned to trade off youtube lol but are you really looking at the 1 and 3min chart? thats nuts man i like you man but your crazy

U_HXalD01/08/2021 07:59

I’ve a degree in math, and I can basically add the candlesticks up in my head 🤪 so the 1 min isn’t that scary. But no, I flip flop between time incriminates lol

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