$RVN HIT TP 3!!!!! MORE 🚀🚀🚀🚀 CoMInG. Shorts WILL get Pumped Like Justin Beiber`s stomach after a Diddy Party.
Trading Lesson #1
Remember to compare this chart and the quote chart to Understand
Trading is SUPPORT and RESISTANCE (S&R)- Not Much FoooooKin ELse.
They are 4 main support and Resistance Levels:
1. Trendline
2. Moving Averages- Exponential best for futures(50, 200, 365, 800, 1000)
3. Fibonacci(Dynamic- what does that mean? When the coin forms a new high or low, The fib recalculates itself
4. Price Action- Blue and red Labels
5. S&R shows u what the coin is doing real time, You use real time Indicators to validate predictive. Most of you do the other way around and 90% of new traders become MACD CROSS sexuals.
6. Always move stop to entry after you have taken profit.
Chart- 1D
1. #Rvn Breakout of the trendline but rejected at 200 ema RESISTANCE
2. Retested Trendline and 0.1356 SUPPORT, Still rejecting 200 ema RESISTANCE
3. Retested trendline and 0.1356 SUPPORT, closed ABOVE 200 ema. 200 ema is now SUPPORT
4. Retested and held 200 ema SUPPORT
5. IT IS HEADED To test 0.197 RESISTANCE
6. But why? Every Pin is a point the coin wants to RETEST.
#FutureTradingSignals
