It seems great trading opportunity with the very traditional analysis. The dynamic Pivots line (EMA of Pivots) seems very good act as the dynamic resistance and support level, that creates a lot of very strong entry signals for the pullback, breakout, or swing trading.
Setup
Trading rules
About CryptoSEE
Addresses for Donation/Tip or Payment
Setup
- 1H ETH-USDT chart
- Daily Pivots with DeMark formula
- 5 days extension (i.e. using the recent daily Pivots for 5 days in the future)
- EMA to calculate the dynamic support and resistance levels
Trading rules
- Long entry when EMA(close) crosses over the dynamic resistance and support line
- Short entry when EMA(close) crosses under the dynamic resistance and support line
- Exit by static resistance and support levels with expected take profit.
About CryptoSEE
- Getting started: https://drive.google.com/open?id=1oMpZi9hzPtGnyegr2fuwGxScdARthCqI
- P D T S Indicator Subscription Plan: https://drive.google.com/open?id=1ihBMN2bf41baNIu7h1zElx92XRjkLeWx
- Automation services: https://drive.google.com/open?id=1OOTfqvU9f_QMCJfOcMoOpQIkMHOrB8Ty
Addresses for Donation/Tip or Payment
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.
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.