In Technical analysis investors dont look at Market value... company revenue.. things like that... ABOUT THE ACTUAL item.. instead they just look at Charts... and based off charts and history you can estimate / predict (not all the time) what a Stock, forex pair, or currency will do...
a Double TOP- in a time frame of a couple of hours, a day, a week, a month.. (I'm going to to use the example i posted above) BTC touched $3K... then it went down.. but didnt have a major pull back like we saw today....... When it climbs back up and Touches $3K again.. it failed..... this tells investors holy shit wont ever make it to $3500.. no need to keep it.. PEOPLE START TO SELL... price goes down FAST.. like you seen today.... Same goes for Double Bottom but opposite... Learn these my friend and it will make trading ANYTHING alot easier
^^ I apologize for this small ass pic... Lol..
Awesome thanks. Sharing is caring! Pic is fine i can zoom. So it looks like today i bought when i shoulda sold...ill catch on soon, now that im watching charts