To predict the exact reversal moment, reverse traders also look at support and resistance levels, although the range trading strategy (explained in strategy #7) uses this method as well.
To predict the exact reversal moment, reverse traders also look at support and resistance levels, although the range trading strategy (explained in strategy #7) uses this method as well. If a cryptocurrency is trading near a support level, the crypto price will likely bounce up from the support level. The opposite is true for resistance levels. Combine this information with market trends to determine your trades.