You guys know I rarely share charts but when I do... The mai | Crypto Network
You guys know I rarely share charts but when I do...
The main reason I decided to share this is to prove one thing to you: your chart doesn't need to be FULL of shitty indicators to make it more accurate/professional.
Unfortunately, people tend to think the more their chart is full, the smarter they look. However, it's the complete opposite to me. If I see an overloaded chart, I'll directly judge the trader as a stupid person.
Why? For two main reasons:
1- If you truly understand something, you should be able to explain it simply
2- technical indicators contradict each others most of the time and overusing / relying on them will not end well for you. I've seen a live stream last week where a trader took the time to compare 24 indicators, only to find out that 12 hinted bullish while the other half, bearish. This is a simple demonstration on why they are lacky and unreliable.
Look at my chart... one trendline... baam. More accurate than your average analyst.
The next time you look at a chart, keep that in mind
Cheers!