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JordanDrapeau
May 13, 2021 7:33 PM

CRYPTOCAP need to fill the gap Short

Crypto Total Market Cap, $CRYPTOCAP

Description

Want to know when the market is overheated and need to pullback? When there is a gap between the low of a candle and the upper Bband.

The gap between the low of the 3M candle and the upper band need to be filled. Right now the upper Bband is around 1.5T.
Comments
sXheero
Gave you a follow just for this tip! I'm pretty new to TA, but I'd love to see you post more tips of what you look for in your crypto TA.
JordanDrapeau
@sXheero, Thanks! I don't consider myself as a good TA analyst and I don't even consider myself as an active trader since I am a positional trader : a buy low and I sell high (and I don't do anything in between). There are few good TA analysts on TradingView and this is a good moment to identify them since the crypto market has to retrace in a strong bull market. So look at those who are neutral/bearish right now. Avoid those who are still «to the moon!». My favorite one is @Bitfink since he looks at the big picture and he is able to change his mind (and he is fun/entertaining to follow). A good trader has to adapt himself to the always changing market.

Always keep in mind :
1 - Only risk what you can afford to lose
2 - Protect your capital
3 - Always stay critical
4 - Always have the big picture (high timeframes) in mind
5 - Don't be too greedy

Cheers!
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