UNDERSTANDING MARKET STRUCTURE

Summary from the TLDR Crypto newsletter

Uptrends are defined by higher highs and higher lows, best supported with exponential moving averages (EMAs),volume-weighted average pricing (VWAPs), and crossovers on higher timeframes for confirmation. Ranging markets dominate 80% of the time, so traders should avoid overtrading, mark key support/resistance, and watch for low volatility with volume to anticipate breakouts. Downtrends follow lower highs and lower lows, with ideal entries near high-probability zones like prior points of control (POCs). Regardless of structure, most profits come from catching the bulk of a move, not the bottom, and waiting is often the best trade.