18 year olds are making $10,000+ /m trading in any market condition simply because they understand Technical Analysis. Here are some key patterns to help you spot profitable trading opportunities to 10x your whole portfolio 🧵
Bookmark this perfect trading guide because it will make your decision making 10x easier. It helps you identify trading opportunities like you've been trading for 10+ years. 1️⃣ Ascending Triangle: ⎆ Description: This pattern forms with a flat resistance level and a rising support level, indicating a potential bullish breakout. ⎆ How it works: It suggests that the price might break above the resistance level and continue to rise.
2️⃣ Bearish Rectangle: ⎆ Description: A pattern where the price moves between horizontal support and resistance lines during a downtrend. ⎆ How it works: It suggests that the price might continue to drop once it breaks below the support level.
3️⃣ Bullish Rectangle: ⎆ Description: Opposite of the bearish rectangle, where the price moves between horizontal support and resistance lines during an uptrend. ⎆ How it works: It indicates that the uptrend might continue after the price consolidates within the rectangle.
4️⃣ Descending Triangle: ⎆ Description: Opposite of the ascending triangle, with a flat support level and a descending resistance level, indicating a potential bearish breakout. ⎆ How it works: It suggests that the price might break below the support level and keep falling.
5️⃣ Double Top: ⎆ Description: Bearish reversal pattern that forms after an uptrend and signals a potential price drop. ⎆ How it works: The price reaches a high point (resistance) twice without breaking through, indicating that buyers are struggling to push the price higher.
6️⃣ Falling Wedge: ⎆ Description: Similar to the rising wedge, but slopes downward and often signals a bullish continuation. ⎆ How it works: It indicates that the downtrend might be losing momentum and could reverse once the price breaks above the resistance line.
7️⃣ Flag: ⎆ Description: A short-term continuation pattern that forms after a strong price move, showing a brief consolidation. ⎆ How it works: It suggests that the price might continue moving in the same direction after the flag pattern completes.
8️⃣ Head and Shoulders: ⎆ Description: This pattern resembles a head with two shoulders, signaling trend reversal. ⎆ How it works: Price forms three peaks, with the middle one (head) being the highest. Indicates that the uptrend might end if price breaks below the neckline.
9️⃣ Rising Wedge: ⎆ Description: This pattern shows a narrowing range between upward sloping support and resistance lines. ⎆ How it works: It suggests that the uptrend might be losing steam and could reverse once the price breaks below the support line.
🔟 Symmetrical Triangle: ⎆ Description: This pattern forms with two converging trendlines, indicating indecision in the market. ⎆ How it works: It suggests that the price might break out in either direction, up or down, once it reaches the apex of the triangle.
Master these patterns to make informed trading decisions and anticipate potential price movements in the volatile cryptocurrency markets. Remember to combine pattern analysis with other technical indicators, find out the best combos below
Everything in this thread is my personal view and is not financial advice. I hope you've found this thread helpful. Follow me @Crypto PM for more. Like & Share if you can, it means a lot.
How I earned $100+ on daily basis, Practically explanation
Proven Strategies for Earning $100 Daily Through Crypto Trading on Binance
Achieving consistent earnings of $100 per day through crypto trading on Binance requires a strategic approach. Here are effective methods to help you succeed:
1. Start Small and Educate Yourself:** Begin with a modest investment and familiarize yourself with Binance’s platform and trading fundamentals. Practice using demo accounts and leverage resources like Binance Academy to build a solid foundation.
2. Focus on High Liquidity Assets:** Trade cryptocurrencies with high liquidity such as BTC, ETH, or BNB. This ensures smoother trade executions without significant price fluctuations, enhancing your trading efficiency.
3. Utilize Limit Orders:** Opt for limit orders over market orders to control the price at which you buy or sell. This strategy helps mitigate risks and maximize profits by executing trades at desired price levels.
4. Follow Market Trends and News:** Stay informed about market trends and news developments. Utilize Binance’s tools like TradingView charts for technical analysis. Identify bullish patterns for early entry and recognize bearish trends to exit before potential declines.
5. Set Achievable Goals:** Focus on consistent, incremental gains rather than aiming for large windfalls. Compound small profits to steadily increase your earnings over time, maintaining a realistic and sustainable trading strategy.
6. Implement Risk Management:** Protect your capital by using stop-loss orders and diversifying your investments across different assets. This strategy helps minimize losses and balance risk exposure effectively.
7. Stay Informed and Engaged:** Keep up-to-date with market news and Binance updates. Engage with influential traders and participate in Binance communities to gain valuable insights and trading tips.
8. Leverage Binance Earn Features:** Explore Binance Earn products like staking, savings, and liquidity farming to generate passive income from your crypto holdings. This diversifies your income streams and maximizes returns.
9. Practice Patience and Discipline:** Avoid chasing losses or making impulsive trades. Stick to your trading plan, exercise patience, and prioritize consistency over sporadic gains. Missing a trade is preferable to rushing into a potential loss.
10. Continuous Learning:** Dedicate time to enhance your trading knowledge, refine technical analysis skills, and understand market psychology. Continuous learning equips you with the expertise to make informed decisions and adapt to evolving market conditions.
By implementing these strategies diligently and maintaining discipline, you can strive towards achieving daily earnings of $100 or more through crypto trading on Binance. Happy trading!
What would happen if $PEPE is multiplied by 10000? If $PEPE is multiplied by 10,000, the value of your investment would be multiplied by the same factor.
In a specific case:
* Current investment: 3,000,000 units of Pepe at a cost of 0.00001125 per unit = $33.75 * Multiplication by 10,000: 3,000,000 units x 10,000 = 30,000,000 units * New unit value: 0.00001125 x 10000 = $0.1125 * Total value of the investment: 30,000,000 units x $0.1125 = $3,375,000 In other words, your investment would go from $33.75 to $3,375,000, a 10,000-fold gain.
However, it is important to note that this is just a hypothetical scenario. The price of Pepe may increase or decrease in the future, and there is no way to know for sure what will happen.
Here are some factors that could influence the price of $PEPE :
* Widespread adoption: If more people and businesses start using Pepe, the price is likely to increase.
* The competition: There are many other cryptocurrencies on the market, and some of them could surpass Pepe in popularity.
* Regulators: Governments around the world are still working on how to regulate cryptocurrencies, and any new regulations could have a significant impact on the price.
In general, it is important to only invest what you can afford to lose and do your own research before investing in any cryptocurrency.
Invest in cryptocurrencies and change your future! I know that for many this will not be important, I am a newbie and without money and In my specific case, the situation in my country Venezuela is difficult, I know it. But we can't let that stop us. I have hope, and that hope is called cryptocurrencies. With very little money, we can start investing and learning. It is not about getting rich overnight, but about building a better future. This is the time to act. The world of cryptocurrency is booming, and there are thousands of opportunities for those who are willing to learn and work hard. It won't be easy, but it will be possible. We will have to study, analyze and make the right decisions. But with perseverance, we can become successful traders. Are you ready to change your future? Start investing in cryptocurrencies today! Remember: * Invest only what you can afford to lose. * Research before investing. * Diversify your portfolio. * Be patient. * Learn from your mistakes. Success is in your hands!
during this time I turned $268 into $468,189 I found their sniping bots, secret tools, and much more... here's how to make ≈$100K/month on copy trading 🧵👇
But before I start... I've put a lot of effort and time into this research and share a lot of alpha totally FREE. If you don't mind, please like and share/save it and FOLLOW me - @Crypto PM
This will help me provide you with even more ALPHA, thank you 🫶 ✜ New market trends demand new solutions for EASY profits. ✜ Meme coins currently offer easy 100x returns, and tracking insider or successful degen wallets at an early stage can help you find such GEMS. ✜ Use this information to earn your first million.
✜ At the moment, you have the opportunity to utilize a wide range of tools that can help you track insiders and understand where they are investing ✜ I have long compiled my watchlist and only analyze meme coins that my insiders are buying back, and I have something to share with you
✜ For successful tracking and copying of trades, you need to take the following steps: • Research insider or successful degen wallets • Set up a tracking bot • Learn to quickly buy meme coins through the bot • Master basic risk management
✜ To find successful meme coin traders, you just need to use @dexscreener ✜ For this, I recommend opening the "Top Traders" tab using a series of filters to select a token: • Filter by MC • New Pairs • Gainers & Losers
✜ After selecting wallets using the information from the previous tweet, you need to analyze them. ✜ For this, I recommend using @solanasniffer ✜ Select all wallets and save only those that meet the following criteria: • Win Rate >65% • Realized PNL $300,000+
✜ After filtering wallets, you need to choose a bot for tracking wallets. ✜ Personally, I use - solana_notify_bot ✜ It allows you to receive notifications about transactions of the wallets you add to the list.
✜ To avoid scams and loss of funds, you just need to check the smart contract of the meme coin before purchasing it. ✜ For this, use - https://rugcheck.xyz
✜ Simply paste the contract in the field and ensure it is safe. ✜ Social media is also a very important aspect of researching each meme coin. ✜ For this, I use two platforms: @Twiter_score
and @TweetScout_io
✜ Analyze the quality of the audience and look for good influencers.
✜ Quick actions and purchases are key to the size of the profit. ✜ That’s why I recommend using the sniper bot @bonkbot_io
✜ Go to it - https://tinyurl.com/3fax7he5 for quick and instant purchase without delays. ✜ To increase the success of token purchases, you should properly set up the bot first: • Enable Auto-Buy • Slippage 40% • Price Impact 40% • High TX Priority ✜ Be sure to enable Auto-Buy to speed up the time it takes to purchase meme coins.
✜ After setting up the bot, you have two outcomes when pasting token contracts into the bot: ✜ With Auto-Buy enabled, when pasting the contract into the bot, it will automatically buy tokens for the amount specified in the settings. ✜ With Auto-Buy disabled, you will have the option to choose the amount to purchase the token.
• Risk Management Strategy ✜ While meme coins are profitable, they are VERY risky assets, so you need to use an appropriate risk management strategy. ✜ Never invest more than 1% of your deposit in meme coins to avoid losing everything. ✜ Also, you should leave tokens in a Moon Bag, as meme coins can easily show 100x growth. THAT'S IT FOR TODAY... If you loved this Article, don't forget to: • Follow me @Crypto PM for more exciting content! • Like, repost, and leave a comment 👾
Positive aspects that I observe from using $PEPE as an exchange currency:
It has a high potential to increase in value: Like other cryptocurrencies, $PEPE has the potential to increase in value over time. This is because the supply of $PEPE is limited and demand could increase as more people adopt it as a trading currency.
This weekend we observed how Pepe presented a recovery that projects us what great things are going to happen at the end of this year 2024. #pepe #pepe⚡ #pepe1dolar