Its important to understand how to trade new listing on a major exchange. I have come across this very cute approach on twitter.com profile, but today today i took some time to understand it and ask him some questions. (he is my personal teacher, even he doesn’t know). This setup is for trading Poly/BTC. it shows you the entry and the exit for the trade. if you...
This trade gave me a profit of over 9% by selling at point C and buying back my EOS at Point D. That was $280 profit for a few hours wait. The pattern seem very reliable but i am not getting carried away. The most important thing is identifying this trade from Point B and waiting for confirmation at Point C before shorting or selling your position.