The use of the indicator——Defensive Nexus Shield. Using #DOGEUSDT (4h),.
25 Sep 2023, 07:37
📖The use of the indicator——Defensive Nexus Shield. Using #DOGEUSDT (4h),
/SYP_Protocol/status/1706211255718224132/photo/1 ✅After last week’s rise, #btc is starting to fall back. On the DNS indicator, most tokens were prompted with SELL signals yesterday. Although there is no trend forming at the daily level, at the 4h level, the bulls of many tokens such as $DOGE have not strengthened.
💰We can see that the price began to fall after the DNS indicator prompted SELL. The slope of the green support line is rising, and a breakthrough is in progress.
🧐If you use the DNS indicator and open a short position, you can continue to hold it. However, it should be noted that the market does not have a clear direction currently. Prices are likely to remain volatile. When a long downward pin bar or a long green candle appears, taking profit is a suitable choice.
💡Remember, indicators are just tools to assist in trading; your trading decisions depend on various factors, so always #DYOR