This is a complete setup, I shall explain. Trading long-term vs trading short-term and technical analysis.
We are looking at Dusk Network (DUSKUSDT) on the daily timeframe. You know how I always look for the bottom and trend reversal for all major pairs for long-term trade-numbers; but, when focusing on the short-term you want a fully confirmed setup rather than the perfect bottom. Why?
The perfect bottom can lead to months and months of consolidation before a bullish breakout. A fully confirmed chart setup leads to instant growth.
Here DUSKUSDT has really high volume above EMA89. Full green candles and pushing higher. Already rising, you can see how the bullish bias is only intensifying. This type of setup can produce the much sought after sudden 100% jump. Once this happens, collect profits and move on.
So, long-term, buy and hold. Keep waiting until the cycle top.
Short-term, get in and get out.
Namaste.
We are looking at Dusk Network (DUSKUSDT) on the daily timeframe. You know how I always look for the bottom and trend reversal for all major pairs for long-term trade-numbers; but, when focusing on the short-term you want a fully confirmed setup rather than the perfect bottom. Why?
The perfect bottom can lead to months and months of consolidation before a bullish breakout. A fully confirmed chart setup leads to instant growth.
Here DUSKUSDT has really high volume above EMA89. Full green candles and pushing higher. Already rising, you can see how the bullish bias is only intensifying. This type of setup can produce the much sought after sudden 100% jump. Once this happens, collect profits and move on.
So, long-term, buy and hold. Keep waiting until the cycle top.
Short-term, get in and get out.
Namaste.
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XRP +749% · DOGS +868%
BTC +563% · SOL +658%
t.me/anandatrades/1350
🚨 FREE Analyses & New Results
t.me/masteranandatrades/6499
🚨 PREMIUM LIFETIME (Since 2017)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🚨 TOP FREE Trades
ETH +1450% · AAVE +1134%
XRP +749% · DOGS +868%
BTC +563% · SOL +658%
t.me/anandatrades/1350
🚨 FREE Analyses & New Results
t.me/masteranandatrades/6499
🚨 PREMIUM LIFETIME (Since 2017)
lamatrades.com
ETH +1450% · AAVE +1134%
XRP +749% · DOGS +868%
BTC +563% · SOL +658%
t.me/anandatrades/1350
🚨 FREE Analyses & New Results
t.me/masteranandatrades/6499
🚨 PREMIUM LIFETIME (Since 2017)
lamatrades.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.