We always talk about staring at the charts ever so often and how our addiction hinders us from functioning optimally - but what is your chart staring routine anyway?
Do you just check the CoinGecko app (and collect those candies even though you don’t exactly know why) to find out the latest prices and then cross-check with Exchanger and Coinmarketcap?
Or do you take it a step further and engage in some form of technical analysis? Immerse yourself in figures like the 20-day exponential moving average and 50-Day Moving Average and use them to gauge the support as well as resistance? And check out the BTC hash rate while you are at it?
Do you strictly stick to the charts or do you also look at stuff like the Crypto Fear and Greed Index as a means of corroboration? Even follow the US Federal Open Market Committee (FOMC) interest rate decisions keenly to decide if you would want to adjust your DCA plan?
What do you actually do when you stare at the charts?
originally posted on r/cryptocurrency