-Trade Based of Data, not Emotions -Consistent Strategy, not Inconsistent -Same Input = Same Output. If you don't do the same thing consistently, how do you know what you are doing wrong? -Patience. There will always be another trade, another setup.
~Manage Risk, Trail Stops, Lock in Profits~ Cracking Cryptocurrency
TRX/USDT 8HR Analysis
-Price is at an indecision point, denoted by the yellow dashed line. -Falling volume in a downtrend, I do not believe we have tapped into enough liquidity to change the dominant trend. -Am more interested in looking for selling opportunities. -Should price re-test the local high near 0.026 I will look for entry opportunities. -Ranging price action for the next two days I believe. 8HR Ichimoku we rejected from the Kijun and found support on the Tenkan. -Lagging span within price indicates a likely range between these two extremes until one is broken. -All our moving averages are sideways, indicating a stall in price direction. Consolidation at these levels is likely. -Our best option becomes lower time frame range trades at this point.
~Manage Risk, Trail Stops, Lock in Profits~ Cracking Cryptocurrency