LUNA/USDT ----> TUTORIAL (when and why take position ) HI guys we have some questions and now answer that. if you have any idea , you can comment .
answers:
1 and 2 : if we had a strong sell movement it couldn't brake it without any react !! and now if it had broken it would pullback on that level.
(caution : the price goes everywhere finally it has to ( again i repeat it : it has to) pullback that level. and why it has to pull back you must find answer on supply and demand orders.
3: when you have strong movement it hasn't enough time to settled price level but anyway it settle on another time.
4:thats joking if you think Russian or Ukraine people buy and price grows whenever other currency were approximately constant. the answer is exchanger and market makers. but why? they are take profit with 2 strategy. one ,take profit with liquid novice trader with raising unexpected price for many times . two ,they bought on 40$ level and now price is above 90$ so they need time to sell. and they may make another trap for trader they brake the highest historical price and when novice traders were trapped exchanger and professional trader take sell position.
conclusion :
when you see enough reasons for take buy position or sell position and price have enough distance from your levels find entry situation and DONT FORGET MONEYMANAGEMENT then take a your position that's not important after that price go where you just need money management and wait.
be profitable.
