Hi guys. Over the past week I've bought into Bitcoin for the first time, over twenty coins, when it was in the $279-$284 range.
I do plan on hodling long term regardless of what the price looks like a week from now, but I still am interested in learning how to interpet the charts and stuff you fellas look at. Do you know of a good youtube that teaches this by chance?
http://bitcointicker.co/#When I look at all the information on a site like this, how can I interpret the information to be either bullish or bearish for instance. Besides the obvious of the price slowly going up.
I'd like to be able to understand enough to share in the excitement.
Hi, welcome to bitcoin!
You should read about Moving Averages (investopedia.com).
Any technical indicator is really just a fancy moving average.
Also this chart is nice:
https://bitcoinwisdom.com/markets/bitfinex/btcusdHave fun.