Emperor๐Ÿ‘‘
Emperor๐Ÿ‘‘

@EmperorBTC

10 Tweets 478 reads Mar 19, 2021
Crypto trading secrets.
A practical guide.
This will make your life simpler.
A thread.
Horizontal Support and resistance work better than trendlines on the short term.
Rely on them more. Re-test with volume work amazingly for day trading.
ALL long term entries are made by
1. Moving average Cross-over.
2. Re-test of a Monthly support zone.
3. Break of a down-trend line.
Look for a high volume Breakout.
This is ALL you need for Altcoins positional buy.
Trading with Divergence on the short term will change your life.
Look for Divergence and ANY other one confirmation for day trading.
Do it over and over and you'll never go back.
A downtrend line is ONLY broken when the the horizontal Support existing above is also broken.
Keep this in mind before thinking of it as a trend reversal.
Price going up but volume decreasing indicates a potential reversal.
Exact same for price going down.
ALWAYS keep this in mind to remain cautious.
If new highs are being formed without new highs on the OBV, Be cautious.
If a price reverses with lower volume than the average volume, it might be a retracement and NOT a reversal.
NOTHING can teach you trading if you don't give enough Screen time.
Study, make notes and practice it live over and over, as much as you can.
Trade As much as you can.
You can't learn to play basket ball by reading about it.
All the tools mentioned above have been discussed in my pinned tweet from beginner to Advanced level.
Check them out before trading.
Take Care. Call your mum and say you miss her. DO IT!

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