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  • Cryptocurrency Market Update - March 30th 2020

    Submitted 1 month ago by Big Cheds

    Discussion created for Cryptocurrency Market Update - March 30th 2020

  • 0

    Big Cheds, can you talk to the idea of how price increases without respect to volume? I've looked for an explanation, but can't find anything that really makes sense. Thanks! 

    Submitted 1 month ago by Christopher
    0

    Hey! So often times if the order book is thin the price can move up without a lot of volume, but the problem there is that you are lacking proper accumulation. There is also a lot of manipulation in the markets, so its best to see the price move up on heavily traded volume


    Cheds

    Submitted 1 month ago by Big Cheds
  • 0

    Regarding your recent XTZ trade alert:

    Do you ever re-enter your trade, perhaps even at a lower entry point if you think the charts still support your initial trade setup?

    It looks like your latest XTZ/BTC trade stopped out on a wick but then quickly recovered. With the proper alerts in place, perhaps it makes sense for a re-entry with a slightly lower SL.

    $XTZ daily - OBV strength as price tests support. Entry here, SL on break of 24250 - Target 28343

    A
    Submitted 1 month ago by Adam J Cohen

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