The Horrors of Charting Low Sat Coins [Quick Updates]Hey all, the Trading Guru is back with another entry on a new series called 'Quick Updates'.
Uhhg. I absolutely hate charting really low sat coins. Incredibly thick orderbooks, very difficult to draw lines or do proper technical analysis. Quick question to the community, do you have any tips for charting such coins under say 500 sats? Any tricks I should know of or that you would like to share to others?
The upside of the low sat coins is that every sat increase is incredibly good for your portfolio, as the relative percentage gains per trade are massive. That's why I will attempt a nice long position here on TRXBTC using support and resistance levels.
--- What is The Quick Update Series All About? ---
I am starting a new tag (quickupdates) where I quickly share great opportunities based on TA for shorter timeframes, such as 4h, 1h, and 15m. It will not contain just a short explanation, in order to keep the velocity up and make sure you get to see the opportunities as fast as possible.
Follow me for consistent high quality updates, with clear explanations and charts.
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- Trading Guru
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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!
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