I see channels everywhere:)
As always, we start with cycles:
HWC = upward trend
MWC=range
LWC=The trend is downward
For long position: 📈For me, I trade with failure
I will wait until the resistance of 2.3448 is broken so that I can open a long position
Since we have both the DOW confirmation and the breakout channel, I think it would be a good place to position. Another confirmation Pay attention to the reduction in volume during the shedding process
For shorts position:I📉 will wait until the support of 1.5996 breaks
I will not open before that, I respect the upward trend
If you want me to analyze a coin, tell me in the comment🫡
⚠️ Do capital management to survive ⚠️
HWC = upward trend
MWC=range
LWC=The trend is downward
For long position: 📈For me, I trade with failure
I will wait until the resistance of 2.3448 is broken so that I can open a long position
Since we have both the DOW confirmation and the breakout channel, I think it would be a good place to position. Another confirmation Pay attention to the reduction in volume during the shedding process
For shorts position:I📉 will wait until the support of 1.5996 breaks
I will not open before that, I respect the upward trend
If you want me to analyze a coin, tell me in the comment🫡
⚠️ Do capital management to survive ⚠️
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