Post
Topic
Board Trading Discussion
Re: What is your trading strategy?
by
dsyahputera
on 05/06/2016, 14:13:45 UTC
my strategy now about my past experience from trading bitcoins is to check the price chart, you can predict if the bitcoin price will be high or low using price chart , you will see the changes of bitcoin price in their chart.
example 24high and 24low is:
545.000000usd - 24high
544.000000usd - 24low - the bitcoin price will be getting high.
but if its:
545.000000usd - 24high
530.000000usd - 24low - the price of bitcoins will be getting low.
check if the gap is very long it means the bitcoin will be in low price i hope you'll learn from my guide  Wink

can you be more specific about above theory?
i think that is the good strategy to know if the bitcoin price will be low or high because if the 545 = 24high and 544 will be the 24low the bitcoin price will be high because it's too close in the high price and the seller and buyer will increase the price and if the the 24high and 24low is not close the bitcoin price will become low because they will adjust the 24high and 24low to be close and the sellers will decrease the price  Smiley
Well then, how to determine that the Bitcoin price range is too close or too far? It seems that $15 is far here.