Me with the trend and graphs of BitcoinCash

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Avatar for Meyzee
Written by
3 years ago

Greetings to all bitcoin cashers. I am here to tell you that I have been feeling so crazily involve with these sudden massive movements of bitcoin cash and other crypto currencies! How about you how are you able to handle these? I mean gosh right? I mean I started here last January and wasn’t aware- actually aware of these graphical representation of prices and shits. And every day I always hope for the coins to increase. And still, I AM NOT YET SURE IF I AM living in a dream or I am in ecstasy.

Well as you all know it is my first real month experiencing these purely bearish scenarios. Imagine It was so dramatic that the increase is massive, well from $450+ to $700+ again! And what really makes me feeling so excited was I don’t know where and when exactly these coins will drop! And I don’t know even if I have to sell or not to sell. Haha the feeling when everything turns up red you just want to sell it afraid it will drop bigtime! And to reduce this anxiety I decided to study the graphs and some are becoming useful.

And these are purely base from my two weeks watching the graphs! And actually reading and watching youtube videos of how to read graphs! Well there are three types of trends and it is very useful and can be easily understand! But not all graphs and coins are the same, we have to check all the possibilities, news about the reason for sudden drop or rise, if the group who creates are working so hard to make the coins more “valuable”. The key is we all know that bitcoin cash have a very hardworking group and is really doing so much improvements and projects to make it known to the public! And that alone is the reason we are on the right track!

Moreover, I want to share these key points I have discovered and this one is a very useful tool because though it might sound like a basic analysis, remember that, everything that becomes more technical comes from the basics. And without the basics, chances are you’ll might go in the different direction.

3 TYPES OF TREND

1.      THE BUY ZONE (UPTREND)

I know everybody is familiar with these type of trend. But the question is when to buy? Should I buy? Is this the time to buy? That alone is a very hard decision to do, especially when you are a newbie and do not know yet the up and down movement of the market, you might be subjected to FOMO. I know I have experienced it too. But if you wanted to join within the wave, you need a lot of patience! And studying historical data’s. Market is very volatile and it can go drop from 20 to 30% or up to 20 to 300%! Wow awesome right?

Here comes the sample graphs for buy zone.

No altcoins has a straight-line value and each are showing up and down wave. The important thing you need to consider before buying a crypto is to check its data from past weeks or months or years. For example, we all know that the bitcoin cash hits above $700+ before and it suddenly drop from $455-the chances of reaching the $700 again is high! Because,

  1. There are many projects being introduced.

  2. Bitcoin cash is very useful, and can be easily share, swap from other coins, with less fees.

  3. The market is crazy and volatile.

  4. It has reached $700+ and it is "possible" to hit it again or even surpassed it as long as the group are making a lot of effort to make it grow!

Things to consider before buying,

  1. Do not buy at the highest peak or don't buy a coin you are not willing to hodl!

  2. Study and research!

  3. Buy low! Low!

  4. Buy only the money you think you won't use for a long time!

2. THE SELL ZONE (DOWN TREND)

This is the very hard part! Specially when you are not into trading! I want to hodl hodl hodl! But how will you make your crpyto grow? Take profit and buy again the next time it drop!

Things to consider when selling!

  1. Know the news! Will the price will go up or not?

  2. Set your goals! What really is the profit you wanted!

  3. Do not sell at lower price ---wait! Patience is the key and skills!

  4. Don't sell everything!

3. SIDEWAYS!

These is the trend where we actually stay put or wait - if we are really not into trading! Because the movement of profit is very low, but some are really having profit by using these tactics! Here is the sample!

I have read from different blogs and watched from different vloggers that day trader uses this tactics! But were hodler right, the one who waits from massive growth so we can sell at a higher price! And is waiting for the future growth of the currency!

My my I don't want to make you even bored but these is really taking long! So how are you with the trend and graphs? Are you feeling high? Or regretful? Haha!!

I sold one fourth of my bch and is waiting for not quite a big drop! I was hoping I did the right decision! Hahaha How about you?


  • Thanks for reading!

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3 years ago

Comments

Seriously i was not expecting someone know this much about reading graphs coz i tried to search every where to learn this i was also trying to join a group where they guide about technical analysis and graph reading your article really help me a lot to take some guide

$ 0.05
3 years ago

Hahaha if you will read other article here there are many! Thanks for passing by and for the tip sir!

$ 0.00
3 years ago

Let's see I'm deciding to join a paid group to learn this trading etc completely and you deserve more it's a little appreciation for your efforts😍 keep up with hard work

$ 0.00
3 years ago

Haha! Yes its not that easy to learn even I still struggle to read graphs! Hahaha

$ 0.00
3 years ago

Thank you for this information! Actually I started to know BCH since feb this year and I’m still trying to understand the graphs and when should I buy and sell my BCH. This is article is a big help for me :) keep on writing.

$ 0.00
3 years ago

Meyzee, world-renowned Technical Analyst :D Man, I never buy and sell, I tend to HODL for a big time because I suck at timing the market, therefore preferring to apply the "time in the market" motto instead. Cheers

$ 0.00
3 years ago

Hahaha yeaah hodl for real!

A nice visit from the very popular writer on read! Haha how to be you sir!

$ 0.01
3 years ago

Your article on reading graphics is very interesting and illustrative. There is a lot of common sense in your arguments, although to be honest I prefer to be out of the trading carousel, my nerves would not tolerate it. Hahaha. As a joke, I have heard various experts talk about it and compare trading to experience in casinos. I confess, my love for the game never caught my attention, despite the fact that both my father and my grandmother invited me to join them. So at this point in my life, I prefer to stay outside.

However, I think it is useful to bet on projects with the potential to change the world as we know it, and that is where we should set our sights.

I have great respect for those who venture out and are successful in trading and do not drown in speculation.

$ 0.05
3 years ago

Wow haha you are really good for the ego sir! Well numbers are fun! Maybe that what attracts me the most. Nothing really interest me except those!

As of this moment I have not yet venture on projects that might matter for the goodness of the world. I am not well satisfied with our government so I stay away as possible. But I will have to look for that! For the future kids!

Trading is cool when you aren't losing :)

$ 0.00
3 years ago

Hahaha. So have fun with what you can afford to lose without regret.

$ 0.00
3 years ago

Hahaha yeahhh! Bch is at $800 hahaha so sad!

$ 0.00
3 years ago

May learnings na ah, malaki na ata profit nito 😂

$ 0.00
3 years ago

Hahaha hindi po haha hindi pa ko maalam nong futures futures hehe

$ 0.00
3 years ago

Haha ayy kala ko sa futures yan.

$ 0.00
3 years ago

Spot spot lang po muna hehe

$ 0.00
3 years ago

I need to get me some BCH. Been holding out for too long.

$ 0.00
3 years ago

Oh what happened?

$ 0.00
3 years ago

Sana all. Magaling magbasa ng charts. Pero may natutunan naman ako kaunti sa article mo, iwan ko ba kung willing pa akong matuto or di na. Keep HODLing. Pero kailangang magkaroon pa ng profits.

Oo nga pala, na try mo na gumamit ng slideshift ba yun, dito sa read.cash.

Plano ko kasi bumili ng ilang coins. Kahit paunti unti.

$ 0.05
3 years ago

Anong slideshift? Ah yung switches for withdraw may nabasa na ako nun dito. Try mooo haha.

$ 0.00
3 years ago

Ayyy hahhahha akala ko alam nasubukan mo na, baka kapag itry ko yun, di na ako ma upvote ng bot, hahah kakatakot.. bakit kaya nag exist yan sa read.cash

$ 0.00
3 years ago

Hahaha edi wd k na lang tas swap mo sa ibang wallet pede naman.

$ 0.00
3 years ago

Hahahha bahala na.. wala naman din ako pambili ng ibang coins. Pahingi nga po sugar mommy.ƪ(˘⌣˘)ʃ

$ 0.00
3 years ago

Grrrr haha tanda mo na uy hahaa

$ 0.00
3 years ago

BCH address ko ba sugar mommy?

$ 0.00
3 years ago

Haha lol! Ikaw rich satin dito

$ 0.00
3 years ago

Sana ol nalang.. Sugar momzy.😆

$ 0.00
3 years ago

Hahhaa xD lol

$ 0.00
3 years ago

Saved! Kailangan ko tong basahin ng matagalan at di madalian mahirap ng maduling at sumakiy ang ulo ko pag pinilit ko ang self ko ahaha.

$ 0.05
3 years ago

Haahha salamats! Pati sa upvote hehehe

$ 0.00
3 years ago

Hehe, pero inggit is me. Dali mo makatuto ssna all talaga 🤧

$ 0.00
3 years ago

The first time bitcoin cash increase its value I immediately sell my bch... Nyahahah kakapanghinayang kasi tumatataas pa value nun,, kasalanan mo hahahaha🤣🤣🤣🤣🤣

$ 1.00
3 years ago

Hahahhaa sige bigyan kita palaguin mo hahahhaa xD nanisi pa amp!

$ 0.00
3 years ago