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futuretraders
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To all those #futuretraders out there, Market is very risky at the moment very sure about not taking long but unsure about holding on short for a long time, So best is to be safe and dont trade, Better to not trade then #liquidating yourself... $BTC $HBAR $ETH
To all those #futuretraders out there, Market is very risky at the moment very sure about not taking long but unsure about holding on short for a long time, So best is to be safe and dont trade, Better to not trade then #liquidating yourself...
$BTC $HBAR $ETH
ANALYZING CRYPTO FOR TRADING FUTURES —A Personal Guide 1. Technical Analysis:Utilizes drawing tools to identify and mark the general trend and value areas on the price chart. - Start from a larger time frame (1W) to mark previous areas of support and resistance using thick horizontal lines. Progress to 1D and then to 4H. - To initiate a trade, watch for breaks of support or resistance. Respected areas where price reverses can also be considered. - Trades are preferably executed on a time frame of not less than 1H. 2.Fundamental Analysis:Involves delving deep into available information about crypto. - Main considerations include market cap and total volume in the past 24 hours, available on Coinmarketcap.com. - A surge in market cap signifies a bullish market, while a decline indicates a bearish market. - Tip: Long trades are taken in a bullish market, avoiding shorts, and vice versa. 3.Sentimental Analysis: Focuses on what people are saying about crypto, including rumors from blogs and news feeds. Conclusion:It's crucial to remember that crypto trading involves significant risks, and no analysis is 100%. Thus, proper risk management is essential, which will be discussed in my next post.

ANALYZING CRYPTO FOR TRADING FUTURES —A Personal Guide

1. Technical Analysis:Utilizes drawing tools to identify and mark the general trend and value areas on the price chart.
- Start from a larger time frame (1W) to mark previous areas of support and resistance using thick horizontal lines. Progress to 1D and then to 4H.
- To initiate a trade, watch for breaks of support or resistance. Respected areas where price reverses can also be considered.
- Trades are preferably executed on a time frame of not less than 1H.

2.Fundamental Analysis:Involves delving deep into available information about crypto.
- Main considerations include market cap and total volume in the past 24 hours, available on Coinmarketcap.com.
- A surge in market cap signifies a bullish market, while a decline indicates a bearish market.
- Tip: Long trades are taken in a bullish market, avoiding shorts, and vice versa.

3.Sentimental Analysis: Focuses on what people are saying about crypto, including rumors from blogs and news feeds.

Conclusion:It's crucial to remember that crypto trading involves significant risks, and no analysis is 100%. Thus, proper risk management is essential, which will be discussed in my next post.
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