Price Action trading in Fantom.
YES!!!!!!
So price action actually works with crypto. After winding in the chart of Fantom/TetherUSD, I came across a short term support level which had just been broken down.
Although, I would be defying my own rules, if I said that I caught the breakdown. But NO, I missed my entry at the break, but I had entered later during the retest.
Then, I decided my target by identifying an important support level from past performance.
I only used Volume as a sole indicator which apparently works for me.
Happy Trading!!!
So price action actually works with crypto. After winding in the chart of Fantom/TetherUSD, I came across a short term support level which had just been broken down.
Although, I would be defying my own rules, if I said that I caught the breakdown. But NO, I missed my entry at the break, but I had entered later during the retest.
Then, I decided my target by identifying an important support level from past performance.
I only used Volume as a sole indicator which apparently works for me.
Happy Trading!!!
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