- btc_anotherDay.png (142.87 KiB) Viewed 1786 times
NCA 2: THE CHARTBOOK
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Re: NCA 2: THE CHARTBOOK
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.
"Everything Should Be Made As Simple As Possible, But Not Simpler!"
Re: NCA 2: THE CHARTBOOK
The black line is my average price including fees* paid.
*around 1.761% per side on CashApp.
*around 1.761% per side on CashApp.
"Everything Should Be Made As Simple As Possible, But Not Simpler!"
Re: NCA 2: THE CHARTBOOK
I'm expecting some BTC price appreciation, as high as 21.1k.
"Everything Should Be Made As Simple As Possible, But Not Simpler!"
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Re: NCA 2: THE CHARTBOOK
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
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
"Everything Should Be Made As Simple As Possible, But Not Simpler!"
Re: NCA 2: THE CHARTBOOK
It is running out of time to figure out what it wants to do

"Everything Should Be Made As Simple As Possible, But Not Simpler!"
Re: NCA 2: THE CHARTBOOK
Same price ranges moved forward.
"Everything Should Be Made As Simple As Possible, But Not Simpler!"
Re: NCA 2: THE CHARTBOOK
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.
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.
"Everything Should Be Made As Simple As Possible, But Not Simpler!"
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