Hi folks,
There is this new thing (I discovered) on Tradingview. Called the crypto screener. A very useful tool for filtering out cryptocurrencies to your preferences.
I really recommend you taking a good look at it and use it to your advantage.
The Perlin/USDT chart shows us a very beautiful confirmed head and shoulders pattern.
Now I want to ask you where I put my dot, that asks, to fill in what you would do here?
How do you perceive the information the chart gives you ?
For me personally Technical Analysis is a very helpful tool to help me determine my decisions.
One of my strategies I trade on is RSI, DMI+, ADX and the moving averages. All of these combined in 1 strategy.
All of my criteria is set. But I am not very convinced in putting my trade on, looking at the latest bars.
I see the recent price level has been tested 3times... So what is the probability of it breaking through?
This is why I LOVE trading. It is more psychological than we might think. If you ask me? I see it 99% psychology and 1% skill.
My reading tip; The trading zone by Mark Douglas.
There is this new thing (I discovered) on Tradingview. Called the crypto screener. A very useful tool for filtering out cryptocurrencies to your preferences.
I really recommend you taking a good look at it and use it to your advantage.
The Perlin/USDT chart shows us a very beautiful confirmed head and shoulders pattern.
Now I want to ask you where I put my dot, that asks, to fill in what you would do here?
How do you perceive the information the chart gives you ?
For me personally Technical Analysis is a very helpful tool to help me determine my decisions.
One of my strategies I trade on is RSI, DMI+, ADX and the moving averages. All of these combined in 1 strategy.
All of my criteria is set. But I am not very convinced in putting my trade on, looking at the latest bars.
I see the recent price level has been tested 3times... So what is the probability of it breaking through?
This is why I LOVE trading. It is more psychological than we might think. If you ask me? I see it 99% psychology and 1% skill.
My reading tip; The trading zone by Mark Douglas.