NCA 2: THE CHARTBOOK

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Jalarupa
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Crypto Analysis

Postby Jalarupa » Mon Aug 29, 2022 4:05 pm

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I'm running a daily market analysis Discord for one of the NFT's projects that I baghold... The story looks a little like this...
:smt065

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Jalarupa
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CORN

Postby Jalarupa » Mon Aug 29, 2022 4:08 pm

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:smt065

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IgazI
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Re: Crypto Analysis

Postby IgazI » Mon Aug 29, 2022 4:42 pm

Jalarupa wrote:

I'm running a daily market analysis Discord for one of the NFT's projects that I baghold... The story looks a little like this...


I think the biggest mistake people are making is buying crypto that can only be settled in dollars.

I don't really "trade" crypto, I mostly just buy it as insurance.
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Re: NCA 2: THE CHARTBOOK

Postby dojirock » Tue Aug 30, 2022 12:43 am

Jala! Great to see ya post. Hope all is well
-doji
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Re: NCA 2: THE CHARTBOOK

Postby IgazI » Tue Aug 30, 2022 1:33 am

Wait for that touch and then watch for price to plow through or bounce.

You can ignore the PA until it hits 67 again.

I am either going to add to 0.5 BTC near 18 or 23k, we'll see. . .

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Re: NCA 2: THE CHARTBOOK

Postby IgazI » Tue Aug 30, 2022 2:50 am

I'm still forming ideas around this indicator, but it looks like I lucked my way into the right settings and idea. . .

the "smash or pass" strategy:

bounce or continue on through.

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Re: NCA 2: THE CHARTBOOK

Postby IgazI » Tue Aug 30, 2022 4:57 am

This is the setup:
- 10 minute chart
- 5 period Donchian Channel: just to simplify the look of the chart.
- 200 MA
- Stochastic RSI (200,100): OB 82%, OS 18%, Buy/Sell zones on 67/33 touch.

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Current BTC holdings: 0.34506273
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Re: NCA 2: THE CHARTBOOK

Postby IgazI » Tue Aug 30, 2022 12:52 pm

The previous signals were "passes", this is what the "smash" looks like.

Remember that this is an "is do" and not a "will do" indicator :)


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Re: NCA 2: THE CHARTBOOK

Postby IgazI » Tue Aug 30, 2022 6:08 pm

I don't expect price to move anywhere anytime soon. . .

but I'm all for surprises :)

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They got a little too excited. . .
sometimes you just need to let the chart play out a bit before taking a stab.

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Re: NCA 2: THE CHARTBOOK

Postby IgazI » Wed Aug 31, 2022 2:19 am

#-o

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