NCA 2: THE CHARTBOOK

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IgazI
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Re: NCA 2: THE CHARTBOOK

Postby IgazI » Wed Aug 31, 2022 3:34 pm

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Re: NCA 2: THE CHARTBOOK

Postby IgazI » Wed Aug 31, 2022 5:33 pm

I have all the Bitcoin I want and a pretty low average so I think I'll stop here until I get much lower prices or this things starts heading higher.

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Re: NCA 2: THE CHARTBOOK

Postby IgazI » Thu Sep 01, 2022 12:49 pm

The black line is my average price including fees* paid.

*around 1.761% per side on CashApp.

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Re: NCA 2: THE CHARTBOOK

Postby IgazI » Fri Sep 02, 2022 4:08 am

I'm expecting some BTC price appreciation, as high as 21.1k.

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Re: NCA 2: THE CHARTBOOK

Postby IgazI » Fri Sep 02, 2022 1:18 pm

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Re: NCA 2: THE CHARTBOOK

Postby IgazI » Fri Sep 02, 2022 6:12 pm

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Re: NCA 2: THE CHARTBOOK

Postby IgazI » Sat Sep 03, 2022 12:49 pm

I made a slight adjustment to the channel.

Notes about channels:
- they start and end on day markers.

- they are not projected out infinitely but have a starting and ending HL price that forms a range;
you want to see price eventually break the channel / price range.

- the slope of the channel should be that of a symmetrical triangle, it should not resemble a trend line.

PS: Bitcoin might go completely range bound between 19.5 and 20.5k

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Re: NCA 2: THE CHARTBOOK

Postby IgazI » Sun Sep 04, 2022 2:00 am

It is running out of time to figure out what it wants to do #-o

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Re: NCA 2: THE CHARTBOOK

Postby IgazI » Sun Sep 04, 2022 2:12 pm

Same price ranges moved forward.

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Re: NCA 2: THE CHARTBOOK

Postby IgazI » Mon Sep 05, 2022 3:33 pm

I swapped the StochRSI for the 200 period %R; same levels, basically the same indicator.

The chart period is 10 minutes, but the 5 period Donchian makes hourly pointy places.

My lines are +/- $100 per day and the ranges that make sense are $1000.

If you are buying Bitcoin without leverage then I would recommend buying a 20th of a coin at a time.
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