Time to zoom out and stop hunching over the hourly candles and shorter time periods. With a zoomed-out view, you can get a better view of ongoing and longer-term trends. Trends you just don't spot when you are zoomed in on close time periods.
On the Bitcoin chart we can see a rising wedge. In a bull run, this is often the sign of a correction. What do the other indicators tell us?
In this video we will also look at the daily and weekly candles for Litecoin, Bitcoin Cash, and Ethereum. Finally, we will look at Hive, where fundamentals are looking strong.
How often do you look at the charts? are you an investor/Hodler or trader or a bit of both? Do you find yourself looking at lower time frames on the crypto charts unnecessarily? I know I do, and that is why I started the Zoom out show. It's important to take a step back and zoom out to see the bigger trends in play.
I hope you enjoy the video
What coins or tokens would you like to see me cover? Do comment below
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