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RE: SIMPLE Token (OST) At Ground Level Cup & Handle Opportunity!!
@haejin Hey there! Curious about your trading style for cryptos, are you primarily a swing trader? Thanks for the alerts, good stuff.
@haejin Hey there! Curious about your trading style for cryptos, are you primarily a swing trader? Thanks for the alerts, good stuff.
i would say so.
Its either: magic, an elaborate pump and dump offering rides to gamblers, or TA with this thing called Elliott wave theory.
at the moment, I pretend to count waves with my little list of rules, but I have no idea. Honestly, any alt seems good right now, for now.
This 'thing' called Elliot Wave theory is a real method of TA. Elliot described it last century to make the Dow theory evolve (too 'simple' to describe the complexity the market) . It's also really appreciated by other TA, read 'TA of stock trends', they have the same kind of approch than the EW and they says it in the beginning of the book. Combining two or 3 kinds of TA is just really powerful.
More a hedger I would say, some targets are met in e few days(rare), other weeks(common), other months(common). But his TA can also be applied on shorter term, but you always need to knows where you are from the beginning of the chart to make it properly, then you can try to catch up and downs.