Where to sell, quick tip

in #bitcoini6 years ago

Hello traders...
I have just used a technique of mine in trading crypto... it can be used to spot sell positions while the coin has still potential and you have to be aware not to lose the next jump..

As an example, in PHX/Binance, After a relatively big jump.. you have to consider the lower timeframe for a more conservative scenario...
then add ADX-DI indicator and watch for the +DI to cross the other two...that's the sell position and is certain enough to expect a good fall...

then change the time frame one step forward..here I changed it from 3 min to 5 min... and assessed the same signal...


And also the 15 min time frame:


this way you can be sure to sell/short the coin and save a certain amount of profit...


good luck with trading...