Hi Folks,
Greetings from Amsterdam and goodmorning to y'all ..
HERE IS AN UPDATE on TFUEL/USDT pair.. We made a great rally lasts days and we see a little correction.
Watch the description in the chart.. I have explained why I sold after the 2nd rejection of resistance..
And I am ready to buy back In again.. Waiting for a little confirmation (bullish) on the next candle.
Spinning top at a low price area is a possible trend reversal signal again. I say POSSIBLE. it can be either way.
That is why we wait ;)
For people following me they already know I don't like to make charts more precious then they are with all those indicators etcetera.
For me trading is keeping it simple and be honest about what you see.
I often use the reading of the candlesticks + RSI + volume....
Candlesticks tell me exactly what is going on at the moment. 1. price 2. supply and demand 3. the psychology of the market participants.
That is all I need to know with the RSI + volume confirming what the candlesticks tell..
What is your favorite strategy ?
Please leave a comment below.
For know I expect price to rally up again. because the little trend line drawn shows us that that price level has held for 3 times now and even when it got broken price immediately rallied up.
But hé it all can be different in 1 second. ;)
Have a nice day and make fun trading.
Greetings from Amsterdam and goodmorning to y'all ..
HERE IS AN UPDATE on TFUEL/USDT pair.. We made a great rally lasts days and we see a little correction.
Watch the description in the chart.. I have explained why I sold after the 2nd rejection of resistance..
And I am ready to buy back In again.. Waiting for a little confirmation (bullish) on the next candle.
Spinning top at a low price area is a possible trend reversal signal again. I say POSSIBLE. it can be either way.
That is why we wait ;)
For people following me they already know I don't like to make charts more precious then they are with all those indicators etcetera.
For me trading is keeping it simple and be honest about what you see.
I often use the reading of the candlesticks + RSI + volume....
Candlesticks tell me exactly what is going on at the moment. 1. price 2. supply and demand 3. the psychology of the market participants.
That is all I need to know with the RSI + volume confirming what the candlesticks tell..
What is your favorite strategy ?
Please leave a comment below.
For know I expect price to rally up again. because the little trend line drawn shows us that that price level has held for 3 times now and even when it got broken price immediately rallied up.
But hé it all can be different in 1 second. ;)
Have a nice day and make fun trading.