It's awesome right, from past few hours market moving pretty upside !!
Hey Welcome back - I have something to say
First let me start with overbought condition, after good rally most of the crypto's are reflecting overbought conditions. How bad it is ?
Let's just say for short term may be it's better if we look for shorts and so MACD added much more confirmation to those overbought conditions, Not only me no one knows how far this trend change will go but one thing for in trading we need to focus each and every key price points, no one knows when market sentiment gonna change. So my advice is stop predicting start reading the market.
THIS IS MY ADA TRADE SETUP :
Entry Range : 0.6581 - 0.6470
Target : 0.6192
Stop Loss : 0.6707
Note : My trade conditions hasn't triggered yet even it's in my entry range, I'll update when the conditions triggered in update section.
Disclaimer : Anything provided here is not a financial advice.
Hey Welcome back - I have something to say
First let me start with overbought condition, after good rally most of the crypto's are reflecting overbought conditions. How bad it is ?
Let's just say for short term may be it's better if we look for shorts and so MACD added much more confirmation to those overbought conditions, Not only me no one knows how far this trend change will go but one thing for in trading we need to focus each and every key price points, no one knows when market sentiment gonna change. So my advice is stop predicting start reading the market.
THIS IS MY ADA TRADE SETUP :
Entry Range : 0.6581 - 0.6470
Target : 0.6192
Stop Loss : 0.6707
Note : My trade conditions hasn't triggered yet even it's in my entry range, I'll update when the conditions triggered in update section.
Disclaimer : Anything provided here is not a financial advice.
Comment:
Trade Triggered
Trade closed: target reached
