EOSBTC easy trade:
general mind/strategy:
1. MA10 as bull/bear market general division
2. trend define strategy: making higher high/lower low or lower low/lower high
how to trade:
1. bull starts:
Daily chart, favors MA10.
price cross up MA10 with explosive candle body,
then should not retrace down MA,
then breakout previous bounceup short resistance,
LONG
2. bear starts:
Price close below MA10, mark lowest point of the candle as support,
if another red candle close below that support line, SHORT
general mind/strategy:
1. MA10 as bull/bear market general division
2. trend define strategy: making higher high/lower low or lower low/lower high
how to trade:
1. bull starts:
Daily chart, favors MA10.
price cross up MA10 with explosive candle body,
then should not retrace down MA,
then breakout previous bounceup short resistance,
LONG
2. bear starts:
Price close below MA10, mark lowest point of the candle as support,
if another red candle close below that support line, SHORT
Note
correct:2. trend define strategy: making higher high/higher low* or lower high/ lower low
Note
Correct:just realise the red MA line is MA20.
so in the idea, EOSBTCUS daily chart favors MA20.
Note
<deleted>Note
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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.