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In Part 1 I talked about how so called stock market experts recommended buying gold, healthcare, minimizing exposure to US stocks and adjusting your portfolio once we know who wins. But none of them recommending buying Bitcoin. In Part 2, I make a case for owning Bitcoin now, but more importantly longer term.
https://eng.ambcrypto.com/how-long-will-the-us-dollar-call-the-shots-with-bitcoin/
https://www.coindesk.com/bitcoin-price-record-63-days-above-ten-thousand
I use multiple time frame (MTF) analysis to improve my discretionary trading decisions. MTF analysis involves analyzing the same asset on multiple time frames. The rule of thumb when using MFT is you want your charts to scale down/up by 4X – 6X. In my case I tend to look at:
Monthly Charts (curve time frame) – which represents that jet fighter flying over the football stadium.
Weekly Charts (trend time frame) – which represents the concession stands looking down at the field.
Daily Charts (entry time frame) – which represents being on the football field with the player.
4 Hr Charts (entry time frame) – which represents the center hiking the ball to the quarterback.
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