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TaoTrader replied Mar 13, 2021Oops were you trying to say supply and demand is technical analysis? Because its fundamental.....
Bitcoin Enthusiasts
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TaoTrader replied Mar 13, 2021Perhaps. Technical analysis in my opinion unfolds organically in recurring patterns, which we can see all the time in the charts. What you see in the technicals is not simply random price action, but it is a reflection of what the market ...
Bitcoin Enthusiasts
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TaoTrader replied Mar 13, 2021Sorry I'm not exactly following what you are saying.....I use fundamental and technical analysis all the time, but I don't think I have ever entered a Forex trade purely based on fundamental analysis. I DO think you can trade Bitcoin on fundamental ...
Bitcoin Enthusiasts
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TaoTrader replied Mar 13, 2021I'm looking into creating my own cryptocurrency as I'm a software engineer. I assure you fundamentals are vital to trading crypto, unless you are a scalper who just wants to gain a few pips here or there.
Bitcoin Enthusiasts
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TaoTrader replied Mar 13, 2021Thanks for the info. I subscribed to your thread.
Cable Update (GBPUSD)
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TaoTrader replied Mar 13, 2021What I mean is it defies a lot of trading systems. My own trading method gets disrupted regularly when the price swings up or down a large amount. In general I would agree with you though. A lot of people look for certain technical signals to enter ...
Bitcoin Enthusiasts
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TaoTrader replied Mar 13, 2021That's awesome! I don't have a subscription for COT charts, so I just look them up. Where do you go to get your info for this?
Cable Update (GBPUSD)
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TaoTrader replied Mar 13, 2021I can't speak for anyone else here, but I'm a swing trader, and I use a combination of fundamentals & technicals. Bitcoin defies technical analysis whenever it feels like it also LOL
Bitcoin Enthusiasts
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TaoTrader replied Mar 13, 2021Do you pay for these charts? Or did you make them yourself?
Cable Update (GBPUSD)
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TaoTrader replied Mar 13, 2021You know where it is on here right? I guess it's not really a forum but an area of the website with its own forums. Upper left side of the website, hover over the blue "Forex Factory" icon, then you will see a purple "Crypto Craft" icon......its 3 ...
Bitcoin Enthusiasts
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TaoTrader replied Mar 13, 2021Sorry everyone I meant the 4hr chart had a "cup w handle" pattern that just broke to the upside.
Bitcoin Enthusiasts
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TaoTrader replied Mar 13, 2021Are you asking where to find fundamental news for bitcoin? The "Crypto Craft" forum here is a good source of news info. I also follow a few people on youtube who have good fundamental news info, and I google a lot to look for different sources.
Bitcoin Enthusiasts
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TaoTrader replied Mar 13, 20214hr cup with handle pattern finally breaking clear to the upside. New high for bitcoin and rising.
Bitcoin Enthusiasts
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TaoTrader replied Mar 13, 2021Technicals relate to interpreting the chart patterns and using indicators, etc..... Fundamentals relate to everything else, such as the market cap, available supply, info related to whales, global acceptance and use of bitcoin, government use of ...
Bitcoin Enthusiasts
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TaoTrader replied Mar 11, 2021I think it might go to 75000 before consolidating for a short period.
Bitcoin Enthusiasts
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TaoTrader replied Mar 11, 2021For my Bitcoin Junkies......hold your positions and do not get scared. Leveraged trading is fine but remember not to overextend yourself. Bitcoin is positioning itself to break a new high. Let's see what happens. For my Forex junkies.....the trend ...
Desert Island Trading Journal
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TaoTrader replied Mar 11, 2021Price retracing to exactly the 38.2 Fib level on the 4hr. On its way back up now. My next target is between 57000 and 58000. If the price breaks this technical level things will be looking parabolic

Bitcoin Enthusiasts