Page 9 - cryptolancerz scalping strategy
P. 9
Selling scalp: (5min time frame)
The RSI reaches to maturity buying zone (70-85)
Ma120 and ma200 locate in the top of a liquidity or static major (or minor)
resistance acting as a powerful ban – Or Ma120 and ma200 locate exactly
right in the support zones and have much distance with the current price
The chart is technically in a valid resistance area and reverse reaction is
seen obviously
Hold the position until the RSI maturity level (30-15) or technical demand
zones (including major and minor support and liquidity demand levels)
DIVERGENCE and CONVERGENCE is seen in the chart
Example:
Before:
After:
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