Here’s the price action strategy that works for everyone—no fluff, just pure trading truth with painful lessons we’ve all learned (and the emojis we’ve cried using):
1️⃣ Support/Resistance Flips:
Price breaks a key level? Old resistance becomes new support (and vice versa). Example: $LPT breaking 7.49 then retesting it as resistance = short signal. Miss this? 😭
2️⃣ Wick Rejections = Free Money:
Long wicks show exhaustion. Example: $RVN’s 60% pump with a giant 0.027 wick? Short at retest. Ignore wicks? 💸🔥
3️⃣ Volume Confirms Everything:
Breakout on low volume? Fakeout. Example: $BNB bouncing weakly off 625 with no volume? Trap. Trade without volume? 🙈
4️⃣ EMA Stack Tells the Story:
Price below ALL key EMAs (50/100/200)? Stay bearish. Example: $LPT failing at 100 EMA = downtrend intact. Fight the trend? 🪦
5️⃣ Risk/Reward or Get Wrecked:
Always 1:2+ ratios. Example: Short $ME at 1.10, stop 1.16, target 0.90. Gamble 1:1? 😵
6️⃣ Patience = Profit:
Wait for confirmations. Example: $TRB needing a close below 50 before shorting. Jump in early? 🎢🤮
7️⃣ Trade the Chart, Not Hype:
Coins pumping 60% in hours? Short the wick. Chase pumps? 🏃♂️💨
Pro Tip: Backtest this on 3 losing trades you took. See your mistakes? 👀➡️🧠
#CryptoCharts101 #TrumpTariffs #BinanceAlphaAlert #CircleIPO
