I’ll share some insight on my $PEPE trading. #TradeNTell
First, I look at BTC and ETH movements. Are they going up or down (last hours, days, weeks etc)
Second I look at volume. Is it rising on high or low volume? Or falling on high or low? Rising on low is not «promising» neither is falling on high volume. But when it falls sharply on small volumes, I get interested. If it rises on low volume, I want to sell.
Thirdly I look at RSI. Is it high or low, and is it rising or falling at the moment? If it is rising, that is good, as long as it isn’t already 80+
Fourthly, I look at the last highs and lows, plus historic highs and lows of course. If I see a chance to get 10%, I use the opportunity. I only trade with about 10% of my holding, but 10% many times gives very good returns!