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DLavrov
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The weekend is good for many things.
But trading is out of the list.
#Binance
#crypto
#trading
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
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Buyers control the #crypto market for the 2nd day. It's good! It creates an opportunity for #bitcoin and altcoins to update the local top. But in spite of the bullish sentiment, I would be very careful. The situation around crypto projects may dump the market at any time.
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#DOT If buyers can close the daily candle above $6.05, it will be a bullish signal. It makes sense to open position trades following the bullish sentiment from the daily TF. Swing traders should wait for pullbacks in the hourly charts and go long from local support. #Binance
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#ETH The bearish candle confirms the strength of sellers. It means that we should be ready to see a downward movement from the $1789 resistance to the $1663 support. If buyers can keep the price above the support, I would wait for bullish signals and go long. #Binance #Ethereum
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#BTC From the TA point of view, the weekly chart looks bearish. But I stay bullish because of these 2 main reasons: 1. risk or banking system collapse (SVD pumped Bitcoin) 2. FOMO and talks about $100k - $1M (it motivates big players & retail traders to hold crypto assets).
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I show profitable trades: - as an example of how to make a profit - for your motivation - for your inspiration - for your interest But don't think that there are only such trades! There are trades closed by stop. They are a boring part of profitable trading. #Binance #crypto
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