Message from @[TDE] Smokie
Discord ID: 809218349656965130
you'll only get 8 candles to look at if you go by 1 hour
You should be able to zoom out
What app are you using?
I was using 1 minute to time my buying decisions but I may do 15 now because it tells a completely different story at 15 minute marks
Lol. Yup
@mightytrump don't leave me...
Sad...
ðŸ˜
I will leave. My live track deserves my attention
Here's the dif on bittrex
One is for zoming in on a specific spot, and the other is to generalize it
Well as far as intra day trading goes, I'm wondering what time works better
guess it doesn't really matter
Whatever works for you
I was going to try to look for solid read candles to buy in at after they are done forming
that's my big problem, not buying exactly at the bottom of the dip
and I figure a very solid red candle with little to no tail would be a good indicator of that bottom being reached
It's impossible to buy at the exact bottom
Half the time I buy early and end up losing a couple percent more since it's still falling. But then it makes up for it, you just don't earn as much, same with buying on the upslope.
Then bail when you've had enough lol
you know the old saying "don't look down" when you're really high up?
The equivilant for me is looking at longer trending data like 3 months, 6 months, 1 year
and seeing how far down this slope could go that I accidentally thought was already nearing the bottom
That's when I start thinking "oh crap, I just bought at the bad side of the peak and this is market correction, and it's got a long ways to go"
ðŸ˜
hmmmmmm
hmmmmmmmmmmmmmmmmmmmmmmmmmm
isnt this interesting
until today most of those were showing like
50% up to 80%
something like that
lets have a look at the wayback machine
how true that is idk
I know this isn't all of them but for beginners like me this is what I was looking for
I guess that's the basic, I've seen where they have like 200 different patterns of candles but they didn't bother explaining what they mean, just decided to put some japanese naming onto it instead of determining probability of next candle pattern
just use your gut