Bitcoin and Ethereum both did a cliff dive early this morning at 3am Central USA time. BTC dropped from $29,700. to just below $28,000. ETH dropped from $1,925. to $1,737. Last night before going to bed I posted a video warning this dip was about to happen. https://youtu.be/ImOdXd48oi8
Learn how to day trade BTC or ETH by watching the signals the CCI gives. Green arrows are where the CCI says to buy. Yellow arrows at bottoms signal it may be setting up for a buy. Red arrows signal it's time to take profits, or to enter a short position because prices are about to fall. Volume is the most important indicator on a chart. When volume drops, so do prices to attract buyers at a price they find to be a better deal. It takes increasing volume to move prices higher most of the time. The biggest volume spikes are at tops and bottoms, and it takes big volume to break above a level of resistance.
The CCI gives four buy signals, and four sell signals. The most important one is when it breaks above or below the zero line. My strategy is simple! A coin is moving up when the CCI is above zero, and moves down when it breaks below zero. If all you ever do is use the zero line buy/sell signal, you should do well.
Do you want to learn how to read charts to become a more successful trader? My strategy can be used for day trading and swing trading stocks and cryptocurrencies. I started trading stocks in 2001 and cryptocurrencies January of 2020 and I know charts very well. That happens when you watch live charts 12 hours a day, 300 days a year for twenty years.
I have two courses on Udemy - https://www.udemy.com/user/tomwatson
The first covers fifty charting technical indicators. The second course showing my trading strategy went live in 2004 on my website, and six years ago on Udemy. My trading strategy works as well now as it did in 2004, and I think it will still work well twenty years from now.
Current Coupons at the lowest prices I am allowed to set:
Beginners Guide to Technical Analysis - $12.99 https://www.udemy.com/course/beginner...
Swing Trading the Stock Market - $15.99 https://www.udemy.com/course/swing-tr...
Ask me any questions you have about trading stocks or coins at my Investors Hub forum. IHUB is free to join: https://investorshub.advfn.com/Bitcoi...
Support my YouTube channel at Patreon for bonus videos, livestreams, chart alerts, private tutoring and more: https://www.patreon.com/flippingcrypt...
Donate Bitcoin: 1JMS6NpvPoJvTfbo1MRfFepsjthqAQboq3
