Not a huge crypto guy but im going to apply the same principle and see what happens
Once price moves closer to support and or closes on it/touches it will determine whether I am going long or not. Obviously must use smaller time frames to see how it reacts!
Only buy if price closes ON trendline support. If price closes under support we will not trade this pair
I like that it is holding resistance. SHort term short is viable for the day
Hitting trendline resistance...Good short for the day
Just a projection/forecast of what I want to happen for a long position
It will fall just get in the best entry when it gets to the top of trendline resistance
tested resistance trendline...get in the short if you want
Only buy if price closes on trendline as resistance. If price does not do this then we are not long. YEET
remember the red line is retail weak support. However, if price holds strongly here then we can put a short position back on this pair. But good win yesterday!
I wanna say this should fall, but it is not very clear. I would not take this trade unless you have a gut feeling. if it pushes higher to the other resistance than it will be more viable
I like that it is holding support here. It is ready to be bought(: either hold for a day or hold to TP. Either or Im a day trader so im only holding for a day as usual
If it holds resistance as shown then we will stay short! first short position got ran but we are still holding. No worries. If it breaks this resistance than we will close out. But wait and see how price is at close