The idea is that on identical pattern (bull flag on daily charts) the instrument with the lowest $ value usually moves in percentage terms more than the instrument with the higher $ value.
In any case I like to add to the postion if on the way up the stop can be placed on the low of the day and new entries are possible at the POC line.
Still long on these two cryptos...
In any case I like to add to the postion if on the way up the stop can be placed on the low of the day and new entries are possible at the POC line.
Still long on these two cryptos...
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.