Simon Rees

Simon Rees

A mix of fundamentals and technical analysis

The RSI and when to buy. One simple technique

29 Mar 2021 2 minute read 0 comments rees18

If you are a beginner trader please read the following; "An asset is usually considered overbought when the RSI is above 70% and oversold when it is below 30%" - There is a problem here. The terms overbought and oversold are in gener...

Trading on Leverage vs No Limit Holdem

1 Mar 2021 1 minute read 0 comments rees18

A Cautionary Tale Last year I lost it all. It was history repeating itself, only this time it wasn't at the poker table. 12 months ago I had been a proud long term hodler of 4,000 Chainlink, worth at the time $3 each, heading IN TO a bull market.  I...

Bitcoin Dominance about to collapse?

28 Feb 2021 1 minute read 2 comments rees18

The real alt coin season is about to happen folks. Bitcoin dominance already broke the trend line holding it up, evident on 4 and 8 hour time frames. We came back up for a retest and as we speak dumping down. If in doubt keep an eye on the monthly TF...