Thanks for the links harizen. From some of the reading I've done this morning I've concluded that for a newbie like me, whether trend or tech analysis, trading is not practical at this time. I own 3.065 BTC. My cost is $8,760/BTC. I'm going to have to be content with what I have. At your suggestion I'm locking this thread.

franky1, your comments are very helpful, I'm thankful. As you suggest I will do some research on Technical Analysis. And to all of the other posters, thanks for your comments.

Thank you pawanjain for your suggestions. I assure you that if I ever decide to post a silly question I'll use "'Search' before posting".

Thanks to all who offered suggestions. I intend to look at trading simulators and will go the Trading forums on this site.

I'm wondering if Technical Analysis, used to determine advantages for trading Bitcoin trading, is really practical. I own a little over 3 BTC with plans to hold long term. In the meantime, I'm considering using TA to do some short term trading in an effort to reduce my overall cost. Any tips on TA trading from those who are using it now?
https://i.postimg.cc/RZj5Jspm/19-1119-BTC-3-Month-Chart.jpg

From 10/27/18
Rodney Stevens, a former analyst and investment and merchant banker, discusses the relationship between Bitcoin and gold and how he has derived Bitcoin's value.
https://www.streetwisereports.com/article/2018/10/27/bitcoin-to-400-000-for-the-skeptics-and-the-birth-of-blockchain.html

Thanks to all for your sage advice.

With credit given to Digital Asset Management Corp for the original chart in regard to halving (I modified it a bit),
https://i.postimg.cc/gJQ16H0B/BTC-Halving-Potential.jpg

BTW, off topic, the website Preview link does not work for me, neither does the Insert Image link.

Here's a three month chart showing the drop in price.
https://i.postimg.cc/ydz8sLYT/LTC-Halving-Effect.jpg

I'm still a newbie and I'm confused.

Bitcoin halving is expected in May, 2020. From what I've been reading about halving, it seems that it should have a positive effect on any crypto coins pricing.

Today I read about Litecoin/LTC halving on August 5, 2019 and the halving effect after three months is negative, it's down 30% since the halving.

Is that also what can be expected of the Bitcoin halving?