"Volume price analysis works, and all that’s required is a chart with
volume and price, and is a perfect fit here, given prices are primarily
driven by supply and demand. Peer to peer buying and selling is what
lies at the heart of cryptocurrencies and so creates the demand or lack
of demand. Yes, there is some market manipulation, and this may increase over time.
But for the present the cryptocurrency markets reflect Wyckoff’s third
law: ‘when demand is greater than supply, prices rise, and when supply
is greater than demand, prices fall’".
The 80 worked examples are in all timeframes and for different
cryptocurrencies, including Bitcoin, Litecoin, Ripple, Ethereum, Dash,
Tether and more. Each chart is clearly annotated with an accompanying
explanation of the chart with points to note and lessons to learn.
"Volume price analysis can be applied to any timeframe and to any
cryptocurrency asset."
CryptoTrading Pro: Trade for a Living with Time-tested Strategies, Tools, and Risk Management Techniques, Contemporary Guide from the Beginner to the Pro -- Alan T. Norman
- Reason why active cryptocurrency trading is now almost the best way to make money
- Step-by-step plan of further development to get profit in a month, in six months and in a year
- Specific earnings strategy: when you should buy and sell to make profit
- Reason why simple techniques still work in cryptocurrency trading whereas they stopped yielding results on conventional exchanges
- Key rules of reaping profits in cryptocurrency trading even on your first day on the exchange
- Resources that help to puzzle out trading and give buy / sell tips
You understand and feel where the price will go, “stay on track” knowing how to behave in every trading situation. It comes with experience, and, perhaps, only when working along with an experienced trader.
You have a sharp eye of the psychology of crowd and large market participants. You build your trading strategies while analyzing and projecting their behavior.
You create your own system of risk and money management, clearly understanding what part of your capital you can use to enter a position, how to exit, how to buy some more.
You control your temper by switching off fear and greed in trading. Play a well-thought-out "chess game."
You make money not only on the market growth, but on its decline as well. You become a confident, sure-footed trader.
The Definitive Guide to Crypto Swing Trading
This article will teach you things like….
- Keeping you out of danger from losing all your capital in one trade.
- Teaching you where to place your stop losses
- Getting the best buy and sell orders prices
- How to recognize reversal trend signals