I just hope more people can join in the discussion! As our 1 person's view might be too boxed in at times! I am using just a basic package at tradingview, they offer quite a lot of charts from different exchanges. For crypto, my usual software(with my full system) doesn't offer me charts. Therefore, I have to resort to using an alternative. I use EMA(50/200) normally too, to get a feel of the overall direction.
As for lower timeframes, I normally will only go till H1 which I was charting for a quick long take-profit yesterday! Just to share, I normally chart Daily/H4 and make an entry on H4/H1 respectively! And I prefer H4 entry(less mental stress).
Thanks for the resteem again buddy!
It'd be great to get more people involved. More people = more data! That's part of why I'm resteeming - to widen the circle :) Perhaps we could start a trader chat channel? Who else do you read/follow for crypto insights?
OMG - TYTYTY for telling me about tradingview, I just finished playing around with it for a few minutes and it looks to be exactly what I've been looking for. I've been focused on the EMA(5/13), which seems pretty spot-on for intraday moves.
I don't know what the H1/H4 indicators are, are those from elliot waves?
As much as I would like to play with tradingview more, after staying up too late on here last night, I vowed I would go to bed early and catch up on my reading of Security Analysis. :D
Have a great night, and happy trading!
Best,
Bob
Hey buddy, I was running through my replies and I realized i forgotten to reply to you on this.
Regarding the chat, hopefully we can create one, but at the moment I want to gain more traction on the post first!
If you are referring to the waves inside the triangle, yes thoses are elliot waves!
Catching up on replies myself. Let's talk about doing a traderchat series of posts or something collaborative. We could become the CNBC of Steemit! :)