Remember its weekend so market can be tricky, dont overtrade and Take the time to rest to be fully loaded for next week, same as i will take time to heal my back so i can be focusing on trading like before as we used to.
This weeks trades so far:
#API3 short 25%✅ $BTC long 25%✅ $INJ short 3.5%❌ $BTC short 4% so far✅ $MEW short idea 12% ✅ $TON long 3% ❌ $FLOKI long 3%❌
Not the best results we have had but still a profitable week as we had big wins and small losses👍
We reached $62k this week as expected: we have alot of volume at this area. After such a huge move i would be expecting a pullback to atleast 58700 in short term before any move higher.
Plan is simple: i would say we range for a while here between 58700 - 61700 then a fake a out with volume to around 65k then down all the way to 55k which would be my new swing long area. There is few things to keep in mind that there is still liquidity to be taken at 69k.
I would be more confident longing lower than shorting the pullbacks as its been really strong in the past days but you can give it a try with right risk management. The levels at 65k and 69k are just to show you potential liquidity levels we may hunt in the coming days.
#BinanceTournament 🇳🇬 Spotlight on Nigeria: A Growing Gaming Powerhouse I kept reflecting on the latest . Nigeria's rise in the gaming world is remarkable. The lack of job opportunities for young Nigerians has pushed many to seek alternative ways to make money, and many are taking gaming as a career path.
Nigeria's gaming business is set for exponential growth. With an increasing smartphone use and a growing digital infrastructure, the potential is immense.
Despite the rise in crypto adoption, the country still lacks proper regulation. But I believe it's only a matter of time before this changes. Sometimes, I feel it will be the communities in developing countries that drive crypto adoption, not the West.
The trend in Nigeria isn't just about gaming; it's about creating new job opportunities and fostering economic growth through innovation.
💡Seeing this shift is inspiring. Nigeria is a prime example of how digital engagement can empower communities and drive positive
as I promised evening learning what to consider before going for short trade master this strategy very well
Here's a step-by-step strategy to consider before entering a short trade:
1. _Research and analysis_: - Study the asset's fundamentals, technicals, and market sentiment. - Identify trends, support/resistance levels, and potential breakdown points. 2. _Set clear goals and risk management_: - Define your profit target and stop-loss levels. - Determine your risk-reward ratio and position sizing. 3. _Choose the right asset_: - Select an asset with a strong downtrend, good liquidity, and a clear direction. - Consider factors like economic indicators, news, and industry trends. 4. _Timing is everything_: - Wait for a bounce or consolidation before entering a short trade. - Look for a weak reversal pattern or a break of support to confirm the downtrend. 5. _Entry strategy_: - Use a limit order or a stop-loss order to enter the trade. - Consider scaling in (shorting in increments) to manage risk. 6. _Trade management_: - Set trailing stop-losses to lock in profits and limit losses. - Consider taking partial profits or closing the trade if the asset reaches your target. 7. _Monitor and adjust_: - Continuously monitor market conditions and adjust your strategy as needed. - Be prepared to close the trade if the trend reverses or your stop-loss is hit.
Additionally, consider the following best practices:
- Stay informed but avoid emotional decisions based on news or market volatility. - Stay disciplined and patient, waiting for the right entry and exit points. - Diversify your trades to manage risk and increase potential returns. - Continuously learn and refine your strategy to improve your trading skills.
Some key differences between short and long trades:
- When shorting, you're betting on a price decline, so your profit target and stop-loss levels will be opposite to a long trade. - Shorting often involves borrowing assets, so be aware of borrowing costs and fees. - Short trades can be riskier
✅$BTC Long 5R (10%) ✅$FLOKI Long 18R (36%) ❌$OP Short -1R (-3%) ✅$AVAX Long 4.5R (9%) ✅$PEPE Short 2R (4%) ✅$PONKE 1.5R (6.5%) ✅$PEPE Short 0R BE ✅$JUP short 1R (2%) ✅#PEPE Long 4R (7%) ✅$JASMY Short 2R (6%) ❌$BTC Short -2R (-2%)
80,5% (38R) in spot profit for the week 🏆
5% (2R) in loss for the week❌
Overall pretty good week and remember to always manage your risk❤️
HEY gm gm gm let's back to office as we said let educate ourself about what to consider before we long trade
Here's a step-by-step strategy to consider before entering a long trade:
1. *Research and analysis*: - Study the asset's fundamentals, technicals, and market sentiment. - Identify trends, support/resistance levels, and potential breakout points. 2. *Set clear goals and risk management*: - Define your profit target and stop-loss levels. - Determine your risk-reward ratio and position sizing. 3. *Choose the right asset*: - Select an asset with a strong trend, good liquidity, and a clear direction. - Consider factors like economic indicators, news, and industry trends. 4. *Timing is everything*: - Wait for a pullback or consolidation before entering a long trade. - Look for a strong bounce or reversal pattern to confirm the uptrend. 5. *Entry strategy*: - Use a limit order or a stop-loss order to enter the trade. - Consider scaling in (buying in increments) to manage risk. 6. *Trade management*: - Set trailing stop-losses to lock in profits and limit losses. - Consider taking partial profits or closing the trade if the asset reaches your target. 7. *Monitor and adjust*: - Continuously monitor market conditions and adjust your strategy as needed. - Be prepared to close the trade if the trend reverses or your stop-loss is hit.
Additionally, consider the following best practices:
- Stay informed but avoid emotional decisions based on news or market volatility. - Stay disciplined and patient, waiting for the right entry and exit points. - Diversify your trades to manage risk and increase potential returns. - Continuously learn and refine your strategy to improve your trading skills.
Remember, no strategy guarantees success, and trading carries risks. Always prioritize risk management and stay focused on your long-term goals.
guys I can't post video tutorial here but I post it on my YouTube as I promised you guys I will be educate you all about crypto tips and its already starting from today by tomorrow I will give you guys tips to follow before going for short or long trades don't miss it out if you're not follow me follow up guys I post signal and crypto educative content on all our social media thanks
follow this rules to know how to source for good germ on coinmarketcap
*Step 1: Go to CoinMarketCap*
Open a web browser and navigate to CoinMarketCap (cmc.link).
*Step 2: Filter by Market Cap*
Click on the "Market Cap" tab and select "Low" to "High" to sort the cryptocurrencies by market capitalization.
*Step 3: Set Filters*
Apply filters to narrow down your search:
- Select "Tokens" or "Coins" under "Type". - Choose a specific "Category" (e.g., DeFi, Gaming). - Set a "Price" range (e.g., $0.01 to $1). - Select a "24h Change" range (e.g., -10% to 10%).
*Step 4: Analyze*
Review the filtered list and analyze each cryptocurrency's:
- Market capitalization - Trading volume - Price movement (24h, 7d, 30d) - Social media and community activity - Technical indicators (e.g., RSI, MACD)
*Step 5: Research*
Investigate each cryptocurrency further:
- Read whitepapers, website content, and social media posts. - Evaluate the development team, partnerships, and roadmap. - Check for any red flags or controversies.
*Step 6: Compare*
Compare your top picks:
- Create a spreadsheet to organize and compare data. - Evaluate each cryptocurrency's strengths and weaknesses.
*Step 7: Make an Informed Decision*
Based on your research and analysis, make an informed decision about which cryptocurrency to invest in.
Remember, investing in cryptocurrencies carries risks, and thorough research is essential.
TON: Defining Market Trends I find it fascinating that throughout this year, TON has defied market trends with a 1,400% increase in TVL, which right now exceeds $700 million. Also, it made it to the top ten cryptocurrencies by market capitalization.
Now, look at the current stats: while the crypto market is still kind of shaky, Toncoin keeps increasing. A perfect example of a Web3 project done right. If you build something people actively use, the market sentiment won’t matter much.
Speaking of TON, we’ve just added the ability to connect TON wallets to Time Farm, making it even easier to get those rewards. Go check it out 😉
guys I'm sorry for not post this signal to high risk trade so I decided to trade it alone but I will keep sending it here just use proper risk management