Look how many times HOT retested the Blue trendline - 10!!
It would be reasonable to assume this will continue.
We even had a Fake Buy signal Bull trap - we know when to ignore this by using the Volume Indicator - there was no reason for us to Buy so we ignored it and missed the losing trade.
Just to note - there will be a trend change at some point, but don't let this scare you out of a trade. Until we have more buying Volume, this will CONTINUE to be a SHORT opportunity :)
Also keep an eye on HOT/BTC chart to see if there is any changes. At the moment it looks bad:
It would be reasonable to assume this will continue.
We even had a Fake Buy signal Bull trap - we know when to ignore this by using the Volume Indicator - there was no reason for us to Buy so we ignored it and missed the losing trade.
Just to note - there will be a trend change at some point, but don't let this scare you out of a trade. Until we have more buying Volume, this will CONTINUE to be a SHORT opportunity :)
Also keep an eye on HOT/BTC chart to see if there is any changes. At the moment it looks bad:
Not
We got 1 more awesome HOT SHORT before buying pressure kicked in and we avoided the next Short
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.