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RE: Price Analysis: STEEM Bull Flag, Will Traders Salute?

in #steem9 years ago

All TA is really is graphic representation of herd behavior, which allows the analyst to make informed decisions. Price technical analysis has been traced back to Japanese rice traders in the 1600's. In the chart in the video the set up is very strong with higher volume on the impulse (or green) waves and muted volume on the correction waves. After creating my first video I was so impressed with the chart that I went out and purchased some more STEEM. Because of the chart I was also able to set a sell price in advance and just walk away and forget about it. I think I may try and make a video of TA basics; thanks very much for watching!