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AlGoat
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#Trade $BTC $CAKE short position are still running waiting for a true bounce signal from BTC at current support. Taken 50% profit.
Wormhole I bought before the drop is still in profit, despite i suffered little loss when i sold half my in the crash$W . Still waiting for BTC below 68000 to sell.
If you are buying the dip now please do it slowly, DCA throughout next 2 months is better since we dont have true confirmation for next bull run.
#AlGoat
Wormhole I bought before the drop is still in profit, despite i suffered little loss when i sold half my in the crash$W . Still waiting for BTC below 68000 to sell.
If you are buying the dip now please do it slowly, DCA throughout next 2 months is better since we dont have true confirmation for next bull run.
#AlGoat
$BTC #Trade ok guys the dump is consolidating and who knows it where its heading next, but there is high chance it will continue to 65000.
Please reduce, cut loss or take L from your altcoin positions depeding on your guts and risk threshold. If you have cut loss the right way you can buy more coins with less money now.
$CAKE short still holding moving stoploss to 2.95
BTC position taken at fail of support, took 50% profit for a goodnight sleep, moving #stoploss to 70000
There is chances BTC bounce at 69300 and trend s back to bull.
$W i’m selling half
#AlGoat check out my posts for some opinion about trading and investing.
Please reduce, cut loss or take L from your altcoin positions depeding on your guts and risk threshold. If you have cut loss the right way you can buy more coins with less money now.
$CAKE short still holding moving stoploss to 2.95
BTC position taken at fail of support, took 50% profit for a goodnight sleep, moving #stoploss to 70000
There is chances BTC bounce at 69300 and trend s back to bull.
$W i’m selling half
#AlGoat check out my posts for some opinion about trading and investing.
#StartInvestingInCrypto
Support and resistance are two foundational concepts in technical analysis.
Prices move because of supply and demand. When demand is greater than supply, prices rise. When supply is greater than demand, prices fall. Sometimes, prices will move sideways as both supply and demand are in equilibrium.
Here are the key takeaways:
- Technical analysts use support and resistance levels to identify price points on a chart where the probabilities favor a pause or reversal of a prevailing trend.
- Support occurs where a downtrend is expected to pause due to a concentration of demand.
- Resistance occurs where an uptrend is expected to pause temporarily, due to a concentration of supply.
- Market psychology plays a major role as traders and investors remember the past and react to changing conditions to anticipate future market movement.
- Support and resistance areas can be identified on charts using trendlines and moving averages.
Please go practice in $BTC chart for better understanding of these concept. Look at the chart and vision yourself watching those price action in the past, try to implement this knowledge to see if you can spot point of entry or exit, see if you got your stop loss exercise and miss out a big movement or manage your profit target more realistic to adapt market movements.
Support and resistance are two foundational concepts in technical analysis.
Prices move because of supply and demand. When demand is greater than supply, prices rise. When supply is greater than demand, prices fall. Sometimes, prices will move sideways as both supply and demand are in equilibrium.
Here are the key takeaways:
- Technical analysts use support and resistance levels to identify price points on a chart where the probabilities favor a pause or reversal of a prevailing trend.
- Support occurs where a downtrend is expected to pause due to a concentration of demand.
- Resistance occurs where an uptrend is expected to pause temporarily, due to a concentration of supply.
- Market psychology plays a major role as traders and investors remember the past and react to changing conditions to anticipate future market movement.
- Support and resistance areas can be identified on charts using trendlines and moving averages.
Please go practice in $BTC chart for better understanding of these concept. Look at the chart and vision yourself watching those price action in the past, try to implement this knowledge to see if you can spot point of entry or exit, see if you got your stop loss exercise and miss out a big movement or manage your profit target more realistic to adapt market movements.
😘
#StartInvestingInCrypto
1. Invest in what you understand
Means you should know current market trend, decide if you are in accumulation phase, consolidation or distribution, decide potential coins if trends continue, potential coins after trends ends, decide if you want to accumulate for future growth or flipping profits. DYOR for 2 days and enter your position slowly.
If you start with little money, remember patiently wait for consolidation after bearish trend and accumulate strong hold like $BTC $BNB and many crypto active blue chips (remember the team has to be active and thriving). Or you can try flipping funds in bull trend and shorting overprice in bear trend. It's up to you.
2. Only invest what you can afford to lose
Suggest you to never go into debt and invest money that you can afford to lose. Find a skill, learn a course, work for binance affiliate. It's up to you
4. Diversification is essential for successful trading. But don't do it when you have below 5k. Please DYOR before putting in money before 5k. A huge lost can set you back 4 years
5. Dont let your emotion wins.
6. Avoid FOMO
You cant outtrade everybody, let people enjoy their winning bet, you guys dont have the same agenda
7. Use a stop-loss. Please take your L when they comes, trying to hold on for too long can negate you from other opportunities.
8. Take profits at a regular intervals
Please take profit, 10%, 20%,70% its up to you, but please take profit.
9. Be aware of scam
Most of the scene is scam, learn to spot a real company trying to do real business.
10. Take your L. Please do it when fate tells you to. Watch $LINK , currently still in accumulation, but scale the chart and see how many people didn't want to take their L in 2021 and suffer the stagnant of their funds for 3 years.
#StartInvestingInCrypto
1. Invest in what you understand
Means you should know current market trend, decide if you are in accumulation phase, consolidation or distribution, decide potential coins if trends continue, potential coins after trends ends, decide if you want to accumulate for future growth or flipping profits. DYOR for 2 days and enter your position slowly.
If you start with little money, remember patiently wait for consolidation after bearish trend and accumulate strong hold like $BTC $BNB and many crypto active blue chips (remember the team has to be active and thriving). Or you can try flipping funds in bull trend and shorting overprice in bear trend. It's up to you.
2. Only invest what you can afford to lose
Suggest you to never go into debt and invest money that you can afford to lose. Find a skill, learn a course, work for binance affiliate. It's up to you
4. Diversification is essential for successful trading. But don't do it when you have below 5k. Please DYOR before putting in money before 5k. A huge lost can set you back 4 years
5. Dont let your emotion wins.
6. Avoid FOMO
You cant outtrade everybody, let people enjoy their winning bet, you guys dont have the same agenda
7. Use a stop-loss. Please take your L when they comes, trying to hold on for too long can negate you from other opportunities.
8. Take profits at a regular intervals
Please take profit, 10%, 20%,70% its up to you, but please take profit.
9. Be aware of scam
Most of the scene is scam, learn to spot a real company trying to do real business.
10. Take your L. Please do it when fate tells you to. Watch $LINK , currently still in accumulation, but scale the chart and see how many people didn't want to take their L in 2021 and suffer the stagnant of their funds for 3 years.
$BTC is having strong magnitude towards the short term uptrend resistance at around 70800, if it fails to hold we will see the end of short term BTC uptrend and retest 65000
#cryptounrelatedcontent
#GME trailing shorts were alert too early and cancel my position.
Momentum has lost and stop loss are executed too many times. Will wait for consolidation and re enter lower risk long position for chance of historical event #AlGoat
#GME trailing shorts were alert too early and cancel my position.
Momentum has lost and stop loss are executed too many times. Will wait for consolidation and re enter lower risk long position for chance of historical event #AlGoat
#cryptounrelatedcontent GME has rise 60% after 2 stock sessions. Up combination of 250% on x5 leverage, currently raising stoploss value to profit zone.
#GME #AlGoat
#GME #AlGoat
#researchandcopy
Tomorrow I will have a series#StartInvestingInCrypto
of just mundane and long posts about stuff you dont need to know to trade but can help you spot when the world is euphoric and throwing terms everywhere.
#AlGoat
Tomorrow I will have a series#StartInvestingInCrypto
of just mundane and long posts about stuff you dont need to know to trade but can help you spot when the world is euphoric and throwing terms everywhere.
#AlGoat
#Trade
W shows strong potential for small breakout. I will enter spot 2% portfolio, stoploss at BTC break below 68500.
$W
Pure gambling behavior, please use my above sharing of personal trade as another opinion. If you cant find your own argument to support or dismiss, please reconsider before committing to the trade.
P/S wrong about resistance level for BTC, edited.
W shows strong potential for small breakout. I will enter spot 2% portfolio, stoploss at BTC break below 68500.
$W
Pure gambling behavior, please use my above sharing of personal trade as another opinion. If you cant find your own argument to support or dismiss, please reconsider before committing to the trade.
P/S wrong about resistance level for BTC, edited.