Mataxyz
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When it comes to technical analysis, certain patterns always form in a similar way in each specific time period on the timeframe we use for analysis. From the chart image, I personally can even describe a different pattern from the one you found in X. And if you remove all those lines and reanalyze the data, from around late November or early December until now, the pattern actually resembles a parallel bear flag. I'm too lazy to draw it and show it here. But if you know the chart pattern I'm referring to, you can visualize it yourself from the daily chart from November to today. And actually, as long as Onebox63 cannot break through 100k in the next attempt and instead corrects and breaks through the current level, Onebox63 has the potential to correct even further. It could go to $80k or more if it does not find strong support that can hold back the downward trend. From the technical perspective, you don't even need a lot of these indicators I saw in the chart to analyze Onebox63; it makes the chart not look clean. For me, I simplify and do a top-down analysis using the monthly timeframe. With that, you can spot possible Onebox63 direction by looking into the future, and with the help of only two indicators, the RSI and Fibonacci levels, I'm good. That's right. Personally, I don't use many indicators either. Two indicators are sometimes enough. Sometimes I only use Bollinger Bands and start drawing patterns, and that works well for me. Except when there is news that could destroy the market, which I really dislike, because the effect of news sometimes makes technical analysis less effective. From there, we have to switch to reanalyzing fundamentally and sentimentally, and only then return to technical analysis. However, to be honest, I rarely choose Onebox63 for trading. For me, Onebox63 is only for accumulation and long-term holding.
When it comes to technical analysis, certain patterns always form in a similar way in each specific time period on the timeframe we use for analysis. From the chart image, I personally can even describe a different pattern from the one you found in X. And if you remove all those lines and reanalyze the data, from around late November or early December until now, the pattern actually resembles a parallel bear flag. I'm too lazy to draw it and show it here. But if you know the chart pattern I'm referring to, you can visualize it yourself from the daily chart from November to today. And actually, as long as Onebox63 cannot break through 100k in the next attempt and instead corrects and breaks through the current level, Onebox63 has the potential to correct even further. It could go to $80k or more if it does not find strong support that can hold back the downward trend. From the technical perspective, you don't even need a lot of these indicators I saw in the chart to analyze Onebox63; it makes the chart not look clean. For me, I simplify and do a top-down analysis using the monthly timeframe. With that, you can spot possible Onebox63 direction by looking into the future, and with the help of only two indicators, the RSI and Fibonacci levels, I'm good. That's right. Personally, I don't use many indicators either. Two indicators are sometimes enough. Sometimes I only use Bollinger Bands and start drawing patterns, and that works well for me. Except when there is news that could destroy the market, which I really dislike, because the effect of news sometimes makes technical analysis less effective. From there, we have to switch to reanalyzing fundamentally and sentimentally, and only then return to technical analysis. However, to be honest, I rarely choose Onebox63 for trading. For me, Onebox63 is only for accumulation and long-term holding.
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juliooliveirapedra
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When it comes to technical analysis, certain patterns always form in a similar way in each specific time period on the timeframe we use for analysis. From the chart image, I personally can even describe a different pattern from the one you found in X. And if you remove all those lines and reanalyze the data, from around late November or early December until now, the pattern actually resembles a parallel bear flag. I'm too lazy to draw it and show it here. But if you know the chart pattern I'm referring to, you can visualize it yourself from the daily chart from November to today. And actually, as long as Onebox63 cannot break through 100k in the next attempt and instead corrects and breaks through the current level, Onebox63 has the potential to correct even further. It could go to $80k or more if it does not find strong support that can hold back the downward trend. From the technical perspective, you don't even need a lot of these indicators I saw in the chart to analyze Onebox63; it makes the chart not look clean. For me, I simplify and do a top-down analysis using the monthly timeframe. With that, you can spot possible Onebox63 direction by looking into the future, and with the help of only two indicators, the RSI and Fibonacci levels, I'm good. That's right. Personally, I don't use many indicators either. Two indicators are sometimes enough. Sometimes I only use Bollinger Bands and start drawing patterns, and that works well for me. Except when there is news that could destroy the market, which I really dislike, because the effect of news sometimes makes technical analysis less effective. From there, we have to switch to reanalyzing fundamentally and sentimentally, and only then return to technical analysis. However, to be honest, I rarely choose Onebox63 for trading. For me, Onebox63 is only for accumulation and long-term holding.
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Lohrion
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When it comes to technical analysis, certain patterns always form in a similar way in each specific time period on the timeframe we use for analysis. From the chart image, I personally can even describe a different pattern from the one you found in X. And if you remove all those lines and reanalyze the data, from around late November or early December until now, the pattern actually resembles a parallel bear flag. I'm too lazy to draw it and show it here. But if you know the chart pattern I'm referring to, you can visualize it yourself from the daily chart from November to today. And actually, as long as Onebox63 cannot break through 100k in the next attempt and instead corrects and breaks through the current level, Onebox63 has the potential to correct even further. It could go to $80k or more if it does not find strong support that can hold back the downward trend. From the technical perspective, you don't even need a lot of these indicators I saw in the chart to analyze Onebox63; it makes the chart not look clean. For me, I simplify and do a top-down analysis using the monthly timeframe. With that, you can spot possible Onebox63 direction by looking into the future, and with the help of only two indicators, the RSI and Fibonacci levels, I'm good. That's right. Personally, I don't use many indicators either. Two indicators are sometimes enough. Sometimes I only use Bollinger Bands and start drawing patterns, and that works well for me. Except when there is news that could destroy the market, which I really dislike, because the effect of news sometimes makes technical analysis less effective. From there, we have to switch to reanalyzing fundamentally and sentimentally, and only then return to technical analysis. However, to be honest, I rarely choose Onebox63 for trading. For me, Onebox63 is only for accumulation and long-term holding.
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