PREMIUM VS DISCOUNT: BUY LOW, SELL HIGH โ๏ธ๐
Trading in the middle of the price range is like playing the lottery with negative expected value. Professionals use Fibonacci grids to identify zones of overvaluation and undervaluation.
โข Premium Zone (above 0.5) โ this is the high price zone. Here, big capital is only looking for short positions.
โข Discount Zone (below 0.5) โ this is the discount zone. Only here, around the levels of 0.62, 0.705, and 0.79 (OTE), long positions are sought.
๐ Open the XRP widget. Where is the price currently sitting relative to the impulse โ in Premium or Discount?
#SmartMoney #Fibonacci #TradingStrategy $XRP
#CryptoFREEMEN
Trading in the middle of the price range is like playing the lottery with negative expected value. Professionals use Fibonacci grids to identify zones of overvaluation and undervaluation.
โข Premium Zone (above 0.5) โ this is the high price zone. Here, big capital is only looking for short positions.
โข Discount Zone (below 0.5) โ this is the discount zone. Only here, around the levels of 0.62, 0.705, and 0.79 (OTE), long positions are sought.
๐ Open the XRP widget. Where is the price currently sitting relative to the impulse โ in Premium or Discount?
#SmartMoney #Fibonacci #TradingStrategy $XRP
#CryptoFREEMEN