A lot of coins are breaking from their down trends and so this could be a good position to enter a long trade on a smaller time frame. Im not looking at anything less than the 1 hour to keep all the noise out.
A great tool is to draw basic consolidation zones. Do not trade the consolidations, look for the breaks up or down and try to catch the right timing for a long or short depending on the break.
Dont chase if the breakout has already moved to far, the idea is to get the best entry possible.
A great tool is to draw basic consolidation zones. Do not trade the consolidations, look for the breaks up or down and try to catch the right timing for a long or short depending on the break.
Dont chase if the breakout has already moved to far, the idea is to get the best entry possible.