Yesterday i posted update on yfii and it breaks its downward traingle and went down 7 %. That's how you should trade. I don't update regularly but whenever I do it is my best. And finally what matters is that what you think. So always do your own analysis. And trade at your own risk. Not a financial advice.
As we can see on the chart, YFIIUSDT has been showing growth for more than 6 months. If on November 1, 2020 the price was $ 1000, then half a year later the price became $ 3000. Growth by 200% in half a year. The growth will continue until the price reaches the $ 3800 mark, where it will hit the resistance line and if it breaks through it, then an increase to $...
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
I use shorthands for my trades.
"Positional" - means You...