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Falling Wedge
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$1000SATS #sats Falling Wedge
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Falling Wedge
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⚠️warning!⚠️ 🚨Red Alert 🚨 ⛔⛔⛔⛔⛔⛔⛔⛔⛔ 🚫Cryptocurrency is Illegal🚫 Hurry up out money *Countries Where Cryptocurrency is Illegal* Cryptocurrency is illegal in the following countries - *Algeria*: The purchase, sale, use and holding of virtual currency is prohibited. - *Bangladesh*: Virtual currency is illegal. - *Egypt*: Individuals, banks and other financial institutions are prohibited from dealing in cryptocurrencies. - *Morocco*: Transactions via virtual currencies constitute an infringement of the exchange regulations. - *Nigeria*: Bank transactions in bitcoin and other virtual currencies have been banned. - *Taliban*: Trading in cryptocurrencies is banned. *Countries Where Cryptocurrency is Legal but with Restrictions* Cryptocurrency is legal but with restrictions in the following countries ¹: - *Argentina*: Bitcoins may be considered money, but not legal currency. - *Bolivia*: The Central Bank of Bolivia issued a resolution banning bitcoin and any other currency not regulated by a country or economic zone. - *Brazil*: Virtual asset service providers are legal, but with a licensing regime. - *Chile*: There is no regulation on the use of bitcoins. - *Colombia*: Financial institutions are not allowed to facilitate bitcoin transactions. - *Ecuador*: Usage of any cryptocurrency as a payment tool is banned. *Countries Where Cryptocurrency is Legal* Cryptocurrency is legal in the following countries ¹: - *United States*: The U.S. Treasury classified bitcoin as a convertible decentralized virtual currency in 2013. - *El Salvador*: Bitcoin was made legal tender in the country through the Bitcoin Law. - *Jamaica*: The Bank of Jamaica issued a statement saying that it must create opportunities for the exploitation of cryptocurrency technology. - *Trinidad and Tobago*: The Central Bank of Trinidad and Tobago issued a statement that it was willing to work with companies that provided Fintech and virtual currencies.
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💔Crying Over Lost Profits* 📉😭 Loser Trader Always Cries That's a common saying in the trading and investing world! "Loser traders always cry" suggests that those who are unsuccessful in their trading endeavors often complain, make excuses, or blame external factors for their losses, rather than taking responsibility and learning from their mistakes. Here are some possible reasons why loser traders might cry: 1. Lack of discipline: Failure to stick to a trading plan or strategy can lead to emotional decision-making and poor outcomes. 2. Insufficient knowledge: Inadequate understanding of markets, instruments, or trading techniques can result in costly mistakes. 3. Unrealistic expectations: Expecting unrealistic returns or guaranteed profits can lead to disappointment and frustration. 4. Fear and greed: Allowing emotions to drive trading decisions can result in impulsive actions and poor choices. 5. Failure to adapt: Inability to adjust to changing market conditions or circumstances can lead to losses and frustration. Remember, successful traders learn from their mistakes, stay disciplined, and continually improve their skills and strategies.
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Candlestick Pattern Lesson no.7 Bullish Harami Bullish Harami Pattern Information: The Bullish Harami is a two-candlestick pattern that suggests a potential bullish reversal. It typically occurs after a downtrend and involves a large bearish (down) candle followed by a smaller bullish (up) candle that is completely contained within the range of the previous bearish candle. How to Use: Identify Downtrend: Look for a prevailing downtrend in the price chart. Spot Bullish Harami: Observe a large bearish candle followed by a smaller bullish candle that fits entirely within the range of the bearish candle. Confirmation: While the pattern is noteworthy, seek additional confirmation from other technical indicators or patterns. Entry: Consider entering a long (buy) position at the opening of the next candle following the Bullish Harami pattern. Stop Loss: Place a stop-loss order below the low of the Bullish Harami pattern or at a suitable support level. Target: Determine a price target based on resistance levels or other technical analysis tools. Important Points: Contrast in Candles: The contrast between the large bearish candle and the smaller bullish candle highlights the potential reversal. Volume: Look for higher trading volume accompanying the pattern for added validity. Confirmation: Rely on confirmation signals to enhance the reliability of the Bullish Harami pattern. Market Context: Consider the broader market trend, news, and other factors before relying solely on the Bullish Harami pattern. Remember to use the Bullish Harami pattern as part of a comprehensive trading strategy. Combine it with other technical and fundamental analysis tools to make informed trading decisions. Additionally, practice proper risk management and adjust your strategies based on evolving market conditions.
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