Nothing wrong with charts, they are only graphics to match numbers. If I were a genius I could juggle all these numbers in my head and realise a number sequence repeating regularly without drawing anything.
I'm not that clever so I have to be doing it the long hand way. The candles do look a bit weird but it is pure data, nothing imagined there. Its worth revising as basically candles are the shortcut to showing data. That allows me to put it on 4hr bar but still gives me a summary on what occured in that 4 hours, where a simple line chart is showing less.
When people stick some chalk lines on the ground declaring a bullish territory and start saying well 9500 must be support, thats when the story telling starts :p Its all maybe hence many just say well skip that and they go with the certainties they believe in.
I just dont think there is any certainties anywhere, just most probable and paths of least resistance.
See this magic line, we go below that and we must be weaker
I was just listening to nic trades and she says a trend is tested when broken or its not a breakout so maybe 10500 as target if we can close below this line. 50 DMA is around there also. Profit taking is always natural.
trade, shouldn't none of this matters if you don't plan to sell btc
Dont have to sell it all, trade means you can buy and sell the same portion ten times over. I think people are doing both often.