ASX1X

Let's find better entries on AKRO! Short 45m chart

Short
BINANCE:AKROUSDT   AKRO / TetherUS
Be wary of candle stick patterns.

I was actively trading Akro below 700 sats and then let it rip.

As I mentioned in my previous post, the move was becoming obvious. The reason is simple; in higher timeframes D, W, M the price had begun slicing through the exponential averages.

Now that I have taken profits I am looking to re-accumulate at lower prices.

The odds of this taking place are 10:1 since the price is above all 10 EMAs on my chart.

The Lowest EMA on the chart is my target and where I have set my bids.

After a quick count I am now at 65 Wins and 0 Losses for 2023.

In the past I used candle stick patterns and I never achieved the consistency and confidence that I have now.

Win, share educate




Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.