Amidst geopolitical tensions in the Middle East and regulatory scrutiny of Solana (SOL), Bitcoin holders are faced with a decision: sell now or hold on, as Mt. Gox payouts begin and 10xResearch analysts predict a $50k price target. #Solana #CryptoTradingGuide
Arbitrum Rollup just smashed its daily revenue record, raking in a cool $3.29 million thanks to a surge in fees triggered by LayerZero's (ZRO) token airdrop. #zro #LayerZero
When people don't read the true news, this is what happens. 😱 Meanwhile, $72.65 million in short positions were liquidated in an hour Always check the information personally! And be careful. $BTC $ETH $USDC #BTC #fakenews
I will continue yesterday's thought on the subject of 📲 trading. And so, what more do you need for successful and safe trading?
🤑 I think that it is important to see the total realized and unrealized PNL for all open positions. So that you don't have to constantly switch between the exchange window and the trading terminal. And also the ability to close all open positions with one button in 2 clicks.
Some news about Bitcoin, which closed June at +11.98%. This is the first positive June closing in the last 4 years. Also, according to statistics since 2009, July is considered the best month after October.
A little bit about scalping. In my words...Scalping strategy is honest. With stops and limiting risks. No tricks like constant averaging or trading without stops. Wouldn't you agree?
For me to trade successfully and safely, I need to conveniently and quickly place an order to open a position, stop loss and take profit before I even enter the position, so I don't miss or worry about the trade.
A little bit about altcoins. From the latest news on the market we see that there is the largest activation of transactions in altcoins, especially in #MATIC #CHZ #CRV #USDT's . What do you think about it? #crypto2023
The market has been sideways for several days. Limit supply prevails in the market. Do not hurry to make global conclusions, if you trade, then the intraday moments. #crypto2023 #dyor #btc
#BTC - yesterday the tension was up. Today it's down. If they take away below the last large clusters and the price will stay there, it is a negative scenario. If they hold here, then there is a chance of buying price up again.
We can analyze the past and present volumes. In the past, these are clusters and market deltas. In the present and past are the limits and their history. 😍
By comparing how the price reacted to volumes (by market and limits) we can draw conclusions about the strength of the motivation of the market parties. Understanding which side is more motivated allows you to choose a trading direction.
☕ And we can build trading strategies based on these conclusions. Thus, we analyze the price reaction to realized and unrealized volumes.