The Earlier You understand this the more easier it will be for you to make money.. | The scrolls of cryptocurrency guru в Binance Square

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The scrolls of cryptocurrency guru

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The Earlier You understand this the more easier it will be for you to make money..

Отказ от отговорност: Включва мнения на трети страни. Това не е финансов съвет. Може да включва спонсорирано съдържание. Вижте Правилата и условията.

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Why Most Traders Are Wrong:

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Here's my take based on ENA/USDT trading interface : # Key Details: - **Current Price:** 0.7393 USDT - **24-Hour High:** 0.7450 USDT - **24-Hour Low:** 0.6840 USDT - **Recent Price Increase:** +6.16% - **Chart:** 4-hour candlestick showing an upward trend. - **Target Price:** Approximately 1.0764 USDT - **Stop-Loss Price:** Approximately 0.6649 USDT - **Upward Trend:** The price has increased by 6.16% in the last 24 hours, indicating a bullish momentum. - **Near Resistance:** The current price is close to the 24-hour high, suggesting potential resistance. - **Highlighted Range:** The chart shows a highlighted area indicating a potential trading range, with a target price and stop-loss level. # Decision Guidance: - **Buying:** The recent upward trend and target price suggest a buying opportunity if the bullish momentum continues. However, consider setting a stop-loss around 0.6649 USDT to manage risk. -*Selling:* If you already hold ENA, taking profits near the current high might be wise, especially if the price shows signs of resistance. Always consider additional technical indicators and overall market conditions before making any trading decisions. 📈✨ If you need more details or have further questions, feel free to ask! Follow me for more insights like this. #BinanceBNSOLPYTH

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WLD/USDT we as still bullish[buying]even today here Is my reason ... Looking at the WLD/USDT trading interface , here's an analysis: ### Key Observations: - **Current Price:** 2.9104 USDT - **24-Hour High:** 3.0660 USDT - **24-Hour Low:** 2.5352 USDT - **Support Levels:** 2.8001, 2.6257, 2.3669, 2.3290 USDT - **Chart:** 4-hour candlestick showing recent upward trend and consolidation. ### Analysis: - **Recent Upward Trend:** The price has been moving upwards, indicating bullish momentum. - **Consolidation:** Currently, the price is consolidating above the support level of 2.8001 USDT. - **Resistance Levels:** With resistance above the current price, there's potential selling pressure. ### Decision Guidance: - **Buying:** If the price remains above the support level of 2.8001 USDT and shows signs of continuing the upward trend, it might be a safer time to buy. - **Selling:** If the price falls below the support level of 2.8001 USDT, it might indicate a bearish trend, making it safer to sell to avoid potential losses. Always consider additional factors, such as market news and other technical indicators, before making any trading decisions. 📈✨ If you need further analysis or have more questions, feel free to ask! follow me for more info ....

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$BTC One aspect many traders often overlook is **order book data**. This feature is displayed at the bottom of the screen in your trading interface for BTC/FDUSD. ### Why It's Important: - **Market Sentiment:** The order book shows live buy and sell orders, reflecting current market sentiment. - **Support and Resistance:** High volumes of buy orders at a certain price level can signal strong support, while high sell orders can indicate resistance. - **Liquidity Insight:** It also reveals the liquidity of the market, helping you gauge how easily you can enter or exit positions. ### Practical Example: - **Buy/Sell Ratio:** In your image, the buy/sell ratio is 56.09% to 43.91%, suggesting a bullish sentiment. - **Price Levels:** Noticing where large clusters of buy or sell orders are can help you predict where the price might find support or resistance. Using the order book, you can make more informed decisions by understanding where the market might turn, helping you to strategize better. Follow me for me insights on trading

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#ThanksgivingBTCMoves BTC It's A Buy for me... Based on the BTC/USDT trading interface , here's my analysis: ### Key Observations: - **Current Price:** 97,368.38 USDT - **24-Hour Change:** +2.69% - **24-Hour High:** 97,420.00 USDT - **24-Hour Low:** 94,698.00 USDT - **Trading Volume:** Significant, reflecting strong market interest. - **Chart:** 4-hour candlestick chart shows an upward trend. - **Resistance Level:** A key resistance level at 99,552.03 USDT. ### Analysis: - **Upward Trend:** The recent increase and upward trend indicate positive momentum. - **Resistance:** The price is nearing the resistance level of 99,552.03 USDT, which could act as a barrier. - **Volatility:** Significant daily price swings suggest potential volatility. ### Decision Guidance: - **Buying:** If the price breaks above the resistance level with strong volume, it could signal a continued upward trend, making it a good buying opportunity. However, consider the potential volatility. - **Selling:** If the price fails to break the resistance and starts to decline, it might be safer to sell to lock in profits and avoid potential losses. Always conduct additional analysis, consider market conditions, and align with your risk tolerance before making any trading decisions. 📈✨ If you need further analysis or have more questions, feel free to ask! Follow me for more

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