Coin: #NEIRO
Level of understanding: beginner
Reasons for entry
Cluster chart: Large clusters formed at the bottom (blue rectangles), accompanied by significant market sales (red rectangle with arrow). However, despite the sales, it was not possible to update the local price minimum. Additionally, I noted that the price moved more than 25% from the local maximum to minimum, which is over 5 standard movements (black rectangle with arrow) — this is an anomalous value.
In the Dashboard
Delta/Volume balance: The balance of market orders began to rise towards purchases, which is visible in the blue line on the chart and the green delta (green rectangle).
Change in price per unit volume: Since the local minimum, the effectiveness of purchases began to increase, while sales decreased - this is visible in the green and red lines (marked with a black rectangle with an arrow).
Historical volatility: At low levels (blue arrow), and as you remember, I often mention that interesting entry points often arise during low volatility.
Reasons for exit
Cluster chart: Large clusters formed at the top (blue rectangle), we also see a repeated attempt by market buyers to update the maximum (green rectangle with arrow), which they failed to achieve. This served as the first argument for profit taking.
In the Dashboard
Change in price per unit volume: The effectiveness of purchases began to decline, while sales started to grow. This is confirmed by the change in the green and red lines (marked with arrows).
Historical volatility: Reached high levels (blue arrow), and at high volatility, taking profits is a good decision.
Summary
Profit of 739.00% was secured.
Conclusion
This trade clearly demonstrates how cluster analysis, monitoring changes in participant effectiveness, analyzing market orders, and using Dashboard indicators helped to timely identify entry and exit points.
Understanding market dynamics helps not only to effectively manage risks but also to maximize the potential of the trade for profit.
#tg_qelir
#платформаResonance
#идеи
#рынок
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