And kindly share such learnings material or we can say strategy once a day… it would be very kind of you sir❤️🙌
CRYPTO MECHANIC
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Missed the initial move on a coin ? No problem
One of the easiest way to trade when you miss the initial move on a coin is:
1- Wait for the price to consolidate around the high 2- Draw a line on the that high 3- Enter when the price will close a candle above ( Depending on the timeframe you're watching) 4- Continue to ride it towards the next possible level.
Where will be your invalidation ? The same area that you choose for your buy will be your invalidation if the candle close back inside that high, this means the breakout is fake and now you should be managing your risk and exit the trade. This works on every coin or timeframe. Each timeframe shows you a different picture and produce different results.
Please Can you provide some coins screenshots for better understanding with same senerio
CRYPTO MECHANIC
--
Missed the initial move on a coin ? No problem
One of the easiest way to trade when you miss the initial move on a coin is:
1- Wait for the price to consolidate around the high 2- Draw a line on the that high 3- Enter when the price will close a candle above ( Depending on the timeframe you're watching) 4- Continue to ride it towards the next possible level.
Where will be your invalidation ? The same area that you choose for your buy will be your invalidation if the candle close back inside that high, this means the breakout is fake and now you should be managing your risk and exit the trade. This works on every coin or timeframe. Each timeframe shows you a different picture and produce different results.
#altcoins on the verge of massive explosion, Current week closing will bring more clarity. Drop your favorite coin and i will post setups to understand the next move.
2020 was the middle of the bull market 2021 was the start of the bear market 2022 was almost the end of the bear market. 2023 middle of the bull market.