Crypto Currencies - Bitcoin, Ethereum, Ripple, Litecoin, Cardano & more
This thread will focus on Crypto Currencies with a focus on the majors like Bitcoin, Ethereum, Ripple, Litecoin, Cardano etc. But will also look smaller less well know coins as well.
I will use a combination of Stage Analysis and Wyckoff methods mostly, but not exclusively, as there are many different ways to approach it. But the Wyckoff / Stage Analysis combination focuses solely on price, volume and relative strength. So compliment each other very well. As the Wyckoff method looks in detail at the price / volume structure of bases and breaks it down into Phases (A, B, C, D and E), and Stage Analysis focuses on the bigger four Stages (1, 2, 3 and 4). So the Wyckoff method is especially useful when studying the Stage 1 and Stage 3 bases and gives additional entry points within the later part of the base structures once they reach Phase C. And is also useful in determining whether a developing base in Stage 2 is a re-accumulation base or if in Stage 4 whether the base is a re-distribution base.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.