7 days ago

The key is whether it can rise above 3.211

Hello, traders.

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Have a nice day today.

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(TIAUSDT 1D chart)

The basic trading strategy is to buy near the HA-Low indicator and sell near the HA-High indicator.

However, if the HA-Low indicator falls, there is a possibility of a stepwise downtrend, and if the HA-High indicator rises, there is a possibility of a stepwise uptrend.

Therefore, when the HA-Low indicator is first created, the probability of rising is higher than the probability of falling, and when the HA-High indicator is first created, the probability of falling is higher than the probability of rising.

If the HA-Low indicator rises and then meets the previously formed HA-Low indicator again, the probability of falling is higher.

On the contrary, the HA-High indicator has a higher probability of rising.

You should check the movement of the chart with these characteristics in mind.

However, you should comprehensively judge the correlation between the OBV indicator and the StochRSI indicator.

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From a trend perspective, since the M-Signal of the current 1D chart is < M-Signal of the 1W chart, you can see that it is in a reverse arrangement.

Therefore, when trading in a reverse arrangement, it is recommended to trade for a short period of time using day trading.

Therefore, if it shows a price that rises above the M-Signal indicator of the 1W chart and maintains the price, it is highly likely that a trend will be formed that can be traded.

In other words, when looking at the current price position, it can be seen that it can be traded for a short period of time or longer only when it rises above 3.211 and shows support.

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Since the HA-Low indicator is formed at the 2.490 point, the price must be maintained above this point.

If not, there is a possibility of an additional stepwise downtrend, so you should think about a countermeasure for this.

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If the average purchase price is significantly higher than the current price, you should not buy too much and increase your investment ratio.

In this case, it is better to trade with a relaxed mind and faithfully follow the basic trading strategy.

However, it is better to trade by increasing the number of coins (tokens) corresponding to the profit realization method and increasing the number of coins (tokens).

In other words, trade by purchase price.

If you bought 100 USDT at the current price of 2.840, you should sell 100 USDT when the price rises and shows resistance at 3.211.

In this case, only the number of coins (tokens) corresponding to the profit will remain.

At this time, you should be careful about the transaction fee.

Since you have to sell the purchase amount including the transaction fee, the actual selling amount when you place an order is not 100 USDT.

The transaction fee rate varies depending on the exchange.

For example, if the trading fee is 0.1%, you can trade 100USDT - (100USDT x 0.2%) = 99.8USDT.

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Thank you for reading to the end.
I hope you have a successful trade.

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- Here is an explanation of the big picture.

(3-year bull market, 1-year bear market pattern)

(3-year bull market, 1-year bear market pattern)

I will explain the details again when the bear market starts.

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readCrypto

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[HA-MS Indicator]
bit.ly/3YxHgvN

[OBV Indicator]
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readCrypto

Also on:

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Next Target: Right Fibonacci Ratio 2.24 (116940.43)

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