Hopefully there is something in here of value for my Tezos trading friends. I try. I really do! In the live video I talk about what is happening with price a lot and discuss stop hunts as a concept. not everyone knows about them and we have just witnessed a textbook event. More over the last big on here was down at the 1.50 area. Is this the start of another pump on xtz? I wonder. It could go either way, the whole market suffered at the exact same time.
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The following tools feature regularly in my videos:
Exponential Moving Averages:
Yellow Solid Line = 21
Green Solid Line = 55
Cyan Solid Line = 144
Purple Solid Line = 233
Simple Moving Averages:
Red Dotted Line = 50
White Dotted Line = 200
RSI + Ema,
And the VPVR – the Volume Profile Visible Range.
I am not a financial adviser none of this is Financial Advice.
Of course this is all speculative and mostly we are concerned in the Rocky Outcrop community with managing risk, people don’t go bust taking profits! Keep it simple, never risk anything you can’t afford.