How to Find An Entry & Exit Time with Net Buy Amount Indicator?

2022-05-19 08:11:25 · 1121 views · 5 min read

The Net Buy Amount indicator is an exclusive token metric. You can only find it on Candlestick. The divergence of Net Buy Amount & token price is an effective signal to capture a token entry & exit time, especially for swing trading traders.

 

 

Alpha Trader Tips - Net Buy Amount & Token Price Divergence

 

Net Buy Amount moves in the opposite direction of the price, indicating entry and exit timing.

Entry:  Net Buy Amount up and positive & the price drops

Exit: Net Buy Amount drops and negative & the price increases 

You can buy the dip and sell the rise according to these tips.

 

Swing Trading Case - $MANA

 

Time: From May 17 to May 19 (UTC 0)

Token: Decentraland (MANA)

Indicator: 1h Resolution Net Buy Amount

Entry: $1.17. 0:00, May 17

Exit: $1.24. 7:00 or 14:00, May 17

Entry: $1.16. 19:00, May 17

Exit: $1.22. 0:00, May 18

 

Swing Trading Case - $SOS

 

Time: May 15 (UTC 0)

Token: OpenDAO (SOS)

Indicator: 1h Resolution Net Buy Amount

Entry: 13:00, May 15

Exit: 23:00, May 15

You can also use the Net Buy Amount indicator to find the best time to exit to maximize profits in an uptrend.

 

Maximize Profits Case - $APE

 

Time: Apr 20 (UTC 0)

Token: Apecoin (APE)

Indicator: 1h Resolution Net Buy Amount

Exit & Take Profits: $16.29. 4:00, Apr 20 

Exit & Take Profits: $16.68. 11:00, Apr 20 

Exit & Take Profits: $17.24. 23:00, Apr 20

Candlestick offers 5mins, 15mins, and 1h resolution of the Net Buy Amount indicator. Therefore, you can apply these trader tips to capture an entry or exit point at any time.

 

Check Live signals - Net Buy Amount

Comments Write Comment
Currently there are no comments for this article. Would you like to be the first to write one?