WHATS FLOWING: CRYPTOS (BUT, A NO DEAL FOR ME) SEE WHY
Currently, DOGEUSD, ALGOUSD, UNIUSD, COMPUSD, and FLOWUSD are all exhibiting short flow, yet the price levels are positioned dead center between the recent highs and lows.
This is what I consider a "no deal" for me—meaning there's insufficient price action near the key support or resistance levels for me to confidently enter a position.
In this situation, the potential risk-to-reward ratio isn't favorable, and I prefer to wait for the market to move closer to significant breakout points or extremes before considering a trade.
Essentially, without a strong move toward a high or low boundary, there isn't a clear enough setup to justify entering these short trades at the moment. Staying on the sidelines is often the best option until the price action gives a more decisive sign
This is what I consider a "no deal" for me—meaning there's insufficient price action near the key support or resistance levels for me to confidently enter a position.
In this situation, the potential risk-to-reward ratio isn't favorable, and I prefer to wait for the market to move closer to significant breakout points or extremes before considering a trade.
Essentially, without a strong move toward a high or low boundary, there isn't a clear enough setup to justify entering these short trades at the moment. Staying on the sidelines is often the best option until the price action gives a more decisive sign
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