HOW TO ANALYSE CHARTS - A SIMPLE METHOD

There are several ways to analyze graphs, I do not intend here to say that one way is better or worse than another, nor that it is more right or wrong. I am presenting in a very summarized way how I do my analysis and forecast

First, see the chart in the form of traders, not as something scientific with mathematical drawings. To understand what the market will do you must be part of it, understand that by being part of it you can influence it.

For example:
"A short trader thinks about rebuy a large amount at a certain point, but you before that point send a buy order, at price above the trader's point, and you decide to repeat this a few times with larger orders as it goes down a bit more... The trader observing the orders increasing may decide to advance his rebuy to a higher price level, this in turn may influence others to do so and the price starts to rise, shortsquezing and creating a big bullrun."

This situation may just be a imaginative, but who is a trader has experienced this a few times... Of course, market size and decentralization diminish the influence of individual holdings, but as a trader you must understand that it is the collective conscience that directs the market and this is the fusion of all individual consciousnesses.

"The Macrocosm is like the Microcosm"

So now let's get to the point...

There are 3 steps the trader must follow and repeat them as an eternal Loop:

1 - LOOK FOR ANOMALOUS PATTERNS THAT DO NOT OCCUR RANDOMLY

2 - LOOK FOR SMALL ANOMALIES IN SIZE AND BRIEF IN TIME

3 - RE-EVALUATE THE SITUATION, REVIEW THE FORECAST AND PORTFOLIO

I don't know how to explain this any better other than an example, so look now at BTC:

After an anomalous pattern, with large volume and size, some market conditions change.

After that small, brief patterns occur... you can see them in the Range.

Then after that note that the bulls' lunges seem to have less of an impact in the bullish direction.
Note that after spastic charges by bulls trying to bullrun there are responses from bears, almost immediately, holding back the price surge.

See that before the situation was full control of the bulls, now there is a fight between Bulls and Bears, and although the Bulls are slowly winning, the Bears seem to be managing to hold back the momentum.
In this respect, we know that buyers always want to buy cheaper and sellers always want to sell more, so with the market up, the Bears back off their sales by raising the price of orders, hoping to attract the Bulls to higher levels, the Bulls are hungry, the herd advances but becomes less and less decisive.

So the Forecast logic of what to expect here is a BULLTRAP.

But as a trader you should always be willing to bet in both directions, so the bet in this case is:

A small immediate buy not to miss any shortsqueeze from that point on, but a big sell if BullTrap holds up.

Wait patiently for the right moment and act extremely quickly when it appears.