I've been looking at this chart for quite some time and now that I am booking profits on Ethereum (not a financial advice), I am looking to take this trade.
The following are the trade criteria.
First and foremost we should always align bitcoin's move with doge. If bitcoin looks in a healthy uptrend, that's a check.
Second, we l wait for the doge to break the trend line in 4hr timeframe with "significant volume", significant being the keyword.
Third, we wait for a pullback along the line of resistance for a retest of the trend line.
If we can confirm the resistance, by price action that's where we will take our position.
You can not go wrong with a well planned trade ahead of time and make sure you stick with your take profit levels.
Happy trading.
The following are the trade criteria.
First and foremost we should always align bitcoin's move with doge. If bitcoin looks in a healthy uptrend, that's a check.
Second, we l wait for the doge to break the trend line in 4hr timeframe with "significant volume", significant being the keyword.
Third, we wait for a pullback along the line of resistance for a retest of the trend line.
If we can confirm the resistance, by price action that's where we will take our position.
You can not go wrong with a well planned trade ahead of time and make sure you stick with your take profit levels.
Happy trading.
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。