For now, we are watching to test our technical indicators of choice, modify them, test again, for decision making on what to do next.
For educational purposes only and not intended as a financial advice of any kind.
For now, we are watching to test our technical indicators of choice, modify them, test again, for decision making on what to do next.
For educational purposes only and not intended as a financial advice of any kind.
It is very and if not extremely important to understand media and posts related to investing. Some are trying to catch viewers attention for the sole purpose of making money out of some kind of advertising. Now, when it comes to show and educate, things are differently.
The truth is, for a better economic system and a fair share of bringing more capable investors, a first step such as kindergarten is needed. We use technical indicators to illustrate the move of any instrument, and on this case Bitcoin. Since last night after the midnight fall, this always moving digital currency is either up or down.
Notice with a simple 3 min chart, the trend has been down, and trying a new up, but of course this is a 3 min chart. It has been in a down move since last night, in opposition to what others were advertising to non financial educated new investors.
For the sole purpose of a clear show and tell view and or illustration, we can see what has really been happening. My content is for educational purposes only, and not intended as a financial advice of any kind. It is a pleasure to help and enjoy analyzing the market and any dedicated instrument of it when trading, moving in a real time market, for honest and proven results.
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In real life applications about computer programming for the
purpose of financial applications as a data analyst and scientist, we could
incorporate several techniques to forecasting and predicting the future in the most
accurate way possible through machine learning. That is what business
intelligence is about, and through the use of algorithms in real life
applications.
Statistics programming languages such as R and fully
programming choices such as Python, have made this possible with the finest, required and related libraries. That is due to the built in capabilities of both languages. These mentioned tools allow us to do data
gathering, cleaning, preprocessing, manipulation visualization and
interpretation, for the most accurate reports in the market.
Lets take a RIDE this morning. Yes, Lordstown Motors Corp. (RIDE), an a 3 minutes chart for the latest move. The price has been moving downtrend, then a sideways move and holding. We are watching for the next route it is taking to make decisions on trading it or not.
Look at the specific designed technical indicators, for a clear guidance and agreement on trend tracking.
For educational purposes only and not intended as a financial advice of any kind.
Make a WISH. Here, a 5 minutes chart of WISH, Context Logic Inc., on its latest move during the day. This stock has shown some interest, so we decided to analyze with a new strategy for in and out trades. All day long, the stock have been moving to the upside of the technical indicators, for a clear and profitable trade.
For educational purposes only and not intended as a financial advice of any kind. Illustrations show our technical indicators and the stock latest moves.