Ok. Same type of chart structure as before.
On this chart, Red levels are Monthly. Orange represent Weekly. Dotted = locked in, Dashed = still forming etc......
You'll also note 3 50% levels....EQs. They are based off of 'locked in' data. So the red is Last month's EQ. Orange is Last week's EQ. Green is Yesterday's EQ.
You can see the projected Resistance levels at the top of the chart. Also note the Weekly/Monthly Dynamic Support lines coming up together, Should price test that level, I'd anticipate a significant response from the Bulls.
All in all, Dips are for buying, unless you're the most Degen of scalpers riding the 1min (sometimes seconds even, or ticks) chart. That's no dig, I love the Degen Scalps myself....believe me.
As always, good luck, have fun and practice solid risk management.
On this chart, Red levels are Monthly. Orange represent Weekly. Dotted = locked in, Dashed = still forming etc......
You'll also note 3 50% levels....EQs. They are based off of 'locked in' data. So the red is Last month's EQ. Orange is Last week's EQ. Green is Yesterday's EQ.
You can see the projected Resistance levels at the top of the chart. Also note the Weekly/Monthly Dynamic Support lines coming up together, Should price test that level, I'd anticipate a significant response from the Bulls.
All in all, Dips are for buying, unless you're the most Degen of scalpers riding the 1min (sometimes seconds even, or ticks) chart. That's no dig, I love the Degen Scalps myself....believe me.
As always, good luck, have fun and practice solid risk management.
