CTCXUSDT analysis
Buy 1, buy 2 and moon signal say we can buy. Here is my analysis:
1. We can buy when risk/reward ratio is less than 2, so we should not buy.
2. We can buy at support = 0.01usdt or at the uptrend line (as long as risk/reward ratio is greater than 2)
3. We can buy when resistance turns to support (1D open & close above resistance) = 0.168usdt. It is a very strong resistance, so we must be sure to confirm if the chart breaks resistance.
We can sell at sell1, sell 2 or hell signal for sell decision. We must also sell if the chart goes 1D open & close below the uptrend line or the support line.
1. We can buy when risk/reward ratio is less than 2, so we should not buy.
2. We can buy at support = 0.01usdt or at the uptrend line (as long as risk/reward ratio is greater than 2)
3. We can buy when resistance turns to support (1D open & close above resistance) = 0.168usdt. It is a very strong resistance, so we must be sure to confirm if the chart breaks resistance.
We can sell at sell1, sell 2 or hell signal for sell decision. We must also sell if the chart goes 1D open & close below the uptrend line or the support line.
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