After an epic run in BCH. we started finally pulling back after that run to 1600. it was a run to remember! when your trading momentum forget all the fluff the first spot to consider when looking for shallow pullback is the
9ema
9ema signals your short term momentum. its your momentum trend indicator.
When you tap it after a big run and hold it usually tells you that the run still has more juice.
Now on the 15minute chart you have a nice range break here at 1360
Ive entered this 1347ish with a stop under vwap for daytrade
We have a nice low risk trade that we could get a run to 1400s or higher off of. In general the crypto market holding up very well
9ema
9ema signals your short term momentum. its your momentum trend indicator.
When you tap it after a big run and hold it usually tells you that the run still has more juice.
Now on the 15minute chart you have a nice range break here at 1360
Ive entered this 1347ish with a stop under vwap for daytrade
We have a nice low risk trade that we could get a run to 1400s or higher off of. In general the crypto market holding up very well