Bitcoin + Ethereum - Charts Update - June 1, 2022

It's the beginning of a new month in the cryptoverse. I look at the BTCUSD and ETHUSD monthly, weekly, daily and hourly charts and see how they did the past five months. Since Bitcoin's all-time high the second week of November 2021 at $68,997 it fell to $25,365 in mid-May. BTC has been down seven months out of nine. BTC ended last week red. It was down a record breaking nine weeks in row, and ETH was down eight.

The CCI gives four buy signals, and four sell signals. The most important one is when it breaks above or below the zero line. My strategy is simple! A coin is moving up when the CCI is above zero, and moves down when it breaks below zero. If all you ever do is use the zero line buy/sell signal, you should do well.

Volume is the most important indicator on a chart. When volume drops, so do prices to attract buyers at a price they find to be a better deal. It takes increasing volume to move prices higher most of the time. The biggest volume spikes are at tops and bottoms, and it takes big volume to break above a level of resistance.

Do you want to learn how to read charts to become a more successful trader? My strategy can be used for day trading and swing trading stocks and cryptocurrencies. I started trading stocks in 2001 and cryptocurrencies January of 2020 and I know charts very well. That happens when you watch live charts 12 hours a day, 300 days a year for twenty years.

I have two courses on Udemy - https://www.udemy.com/user/tomwatson

The first covers fifty charting technical indicators. The second course showing my trading strategy went live in 2004 on my website, and six years ago on Udemy. My trading strategy works as well now as it did in 2004, and I think it will still work well twenty years from now.

Current Coupons at the lowest prices I am allowed to set:

Beginners Guide to Technical Analysis - $12.99 https://www.udemy.com/course/beginners-guide-to-technical-analysis/?couponCode=BAD040675641AA8F254C

Swing Trading the Stock Market - $15.99 https://www.udemy.com/course/swing-trading-the-stock-market/?couponCode=9A1162676AF80C3924A3

Ask me any questions you have about trading stocks or coins at my Investors Hub forum: https://investorshub.advfn.com/Bitcoin-Ethereum-Buy-And-Sell-Signals-41095

Donate Bitcoin: 1JMS6NpvPoJvTfbo1MRfFepsjthqAQboq3 ... https://www.youtube.com/watch?v=1tx8sHyG_o4