I was just looking at the MARINADE MDE-USD COINBASE chart and had a hard time thinking this is the top.
What does the volume tell you?
Where is support?
Where is resistance?
Does a trade make sense?
What timeframe are we basing actions on?
Just a few of the things I think about. Because the BTC ETF decision is so close, I'll be quick to cut any trade. Always use stop losses.
Not financial advice :)
Cheers!
What does the volume tell you?
Where is support?
Where is resistance?
Does a trade make sense?
What timeframe are we basing actions on?
Just a few of the things I think about. Because the BTC ETF decision is so close, I'll be quick to cut any trade. Always use stop losses.
Not financial advice :)
Cheers!
Trade closed: stop reached:
Close below the order block means I'm cutting. Didn't think we'd get a close below the block, especially given the volume, but here we are. Respecting my rules and cutting here, especially given BTC ETF approval likely coming this week. I'll be patient and try again later. Not financial advice. Cheers :)
Whatever you do, take care of your shoes.