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Jamie Damon is the CEO of one of the most biggest and most powerful banks in the World. Years ago, he called Bitcoin a fraud. Now, he just changed his tune and says Bitcoin has room to grow. And when it comes to Ethereum, JPMorgan’s blockchain lead is wow in charge of Ethereum-based interbank information network.
Supply and Demand can be seen on any price chart. In this video, for the first time ever, I apply my supply and demand methodology to the total crypto market cap chart.
https://cointelegraph.com/news/jpmorgan-turns-bullish-on-bitcoin-citing-potential-long-term-upside
https://twitter.com/RaoulGMI/status/1319292827990253568/photo/1
I'm a supply and demand trader and 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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