Methodology (Top-Down Analysis)
🔍 Top-Down Analysis: From monthly to 15 minutes
Making a buying decision by only looking at a 15-minute chart is like navigating without a compass.
🗺️ Step-by-step approach:
Weekly/Daily chart: Identify the overall trend and key support/resistance zones.
4-hour chart: Spot consolidation structures and the momentum dynamics.
1-hour / 15-minute chart: Fine-tune your exact entry point with an optimal Risk/Reward ratio.
Never trade against the trend of higher timeframes!
#TechnicalAnalysis #TradingStrategy #CryptoTips #Binance
🔍 Top-Down Analysis: From monthly to 15 minutes
Making a buying decision by only looking at a 15-minute chart is like navigating without a compass.
🗺️ Step-by-step approach:
Weekly/Daily chart: Identify the overall trend and key support/resistance zones.
4-hour chart: Spot consolidation structures and the momentum dynamics.
1-hour / 15-minute chart: Fine-tune your exact entry point with an optimal Risk/Reward ratio.
Never trade against the trend of higher timeframes!
#TechnicalAnalysis #TradingStrategy #CryptoTips #Binance