I’ve been looking at BTCUSD lately, and I couldn’t help but notice that the price action is pretty similar to what you would expect from a forex pair. Price reacts in the same way it does to forex, at least on a technical level, and I find that I could probably apply my price action approach to this market as well.
I know this is a forex forum, but I’m not asking about crypto trading in specific. What I am asking is whether or not I could use my price action strategy (which is as basics as it gets, using supports/resistances and candlesticks) on BTCUSD or even ETHUSD. On a demo account, obviously.
The point of this would be to keep testing my strategy even during weekends, and on different market conditions (have you seen the size of these candles? Jeez).