Unlocking Trade Success: The Most Crucial Trend Line for Your Next Entry

Hi friends , welcome back.

today I will show you very interesting chart. you will learn a very important lesson from this newsletter.

but first please subscribe to this newsletter about trading, ‘Bull Market Bytes’ it is the sponsor of this edition.

Ok, this is ORDI/USDT daily chart.

can you see the most important trend line of this chart?

this is the most important trend line of this chart.

notice how many times this trend line was hit before it breaks down.

it was hit 7 times , and only 8th time it was broken.

since it took 8 hits before breaking , it is a strong key area and it needs similar force to break again to upside.

so when it was hit again for the first time ( yellow arrow) we can expect price to get reject at that level.

so this is can be a good short entry

so if you are an experience trader you see this trend line and trading setup few days before it happens.

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