weijie90

weijie90

Here's a retrospective on how I could have traded the recent ETH price action. The ADL profit factor for longs on the 1hr chart is around 6.9, which is very high. That gave a good reason to take a long position on 21 June around $269. Next, to time the exit, look at EMAs, SMAs, and the Tom Demark indicator. Even though ADL didn't give a close long signal at the...