This thread advises trading within ranges, focusing on high-timeframe support and resistance levels for better success. Algorithms tend to buy low and sell high within these ranges, pushing prices back to equilibrium. If key levels are broken, prices often move lower or back into previous ranges. Without clear levels, breakouts may continue without pullbacks.
MoneyTaur - "Trade on that range, not to the moon"
1/6 Focus on 🔑 levels at HTF demand, at HTF Range lows(Extreme discount)=>best R/R
Higher % of success at:
bottom(FUD)/top(FOMO) of ranges
You can identify a range when the PA of an asset moves sideways between a SH and SL. PA will continue to play in that range until a SH or SL is broken. Once broken, assume PA to pull back into the range and reverse for continuation into the broken SH or SL https://t.co/6eUSveVuoG
Algos always play the game within a range until broken=> they buy/long in the discount(<EQ) zone and sell/short in the premium(>EQ) zone
3/6 MT:" This is what the algos that run the markets do. They always chose sending price back to EQ(sooner or later)"
MT: "Buy programm often confirmed and giving strength to bullish momentum when closing above HTF EQ"
4/6 Losing range = BOS
If Altcoin at range low early BUT BTC loses HTF/MTF Range assume Altcoin goes lower
Price discovery > formation of MTF range: trades in this range not optimal (not at HTF Range Discount)
5/6 If Key levels can't be found higher PA will fall straight back into its range where the key levels are presented.
6/6 Other way round too:
MT:"If you can't find any significant key level to be taken, you can consider at a BO+continuation with no pullback might happen, there's no "fuel" to take so price has no reason to drop."
MoneyTaur - "Trade on that range, not to the moon"
1/6 Focus on 🔑 levels at HTF demand, at HTF Range lows(Extreme discount)=>best R/R
Higher % of success at:
bottom(FUD)/top(FOMO) of ranges
MT:
Extreme Premium [HTF Supply]
Extreme Discount [HTF Demand]2/6 HTF>bigger range
MTF/LTF>smaller range
Algos always play the game within a range until broken=> they buy/long in the discount(<EQ) zone and sell/short in the premium(>EQ) zone3/6 MT:" This is what the algos that run the markets do. They always chose sending price back to EQ(sooner or later)"
MT: "Buy programm often confirmed and giving strength to bullish momentum when closing above HTF EQ"4/6 Losing range = BOS
If Altcoin at range low early BUT BTC loses HTF/MTF Range assume Altcoin goes lower
Price discovery > formation of MTF range: trades in this range not optimal (not at HTF Range Discount)5/6 If Key levels can't be found higher PA will fall straight back into its range where the key levels are presented.6/6 Other way round too:
MT:"If you can't find any significant key level to be taken, you can consider at a BO+continuation with no pullback might happen, there's no "fuel" to take so price has no reason to drop."
MoneyTaur - "Trade on that range, not to the moon"
1/6 Focus on levels at HTF demand, at HTF Range lows(Extreme discount)=>best R/R
Higher % of success at:
bottom(FUD)/top(FOMO) of ranges
MT:
Extreme Premium [HTF Supply]
Extreme Discount [HTF Demand] ... 2/6 HTF>bigger range
MTF/LTF>smaller range
Algos always play the game within a range until broken=> they buy/long in the discount(<EQ) zone and sell/short in the premium(>EQ) zone ... 3/6 MT:" This is what the algos that run the markets do. They always chose sending price back to EQ(sooner or later)"
MT: "Buy programm often confirmed and giving strength to bullish momentum when closing above HTF EQ" ... 4/6 Losing range = BOS
If Altcoin at range low early BUT BTC loses HTF/MTF Range assume Altcoin goes lower
Price discovery > formation of MTF range: trades in this range not optimal (not at HTF Range Discount) ... 5/6 If Key levels can't be found higher PA will fall straight back into its range where the key levels are presented. ... 6/6 Other way round too:
MT:"If you can't find any significant key level to be taken, you can consider at a BO+continuation with no pullback might happen, there's no "fuel" to take so price has no reason to drop."
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