"My dear followers, I would like to clarify to you that all my analyses in cryptocurrency trading are based on technical indicators and medium and long-term market analysis. When I adopt a certain strategy, I apply its steps accurately and wait until its goals are achieved. This approach requires patience and discipline, as I believe that success in this field depends on thoughtful analysis and waiting to achieve the desired results.
I also want to point out that people looking for quick profits are more likely to lose their money. Trading requires strategy and planning, not rushing after quick gains. Success in this field does not come from randomness, but from patience and insistence on making thoughtful decisions.
Sustainable profit requires wisdom, not haste. Thank you for your continued support!"
Wait with focus, as you know that the entry into the ALGO/USDT deal was at 0.2631, and we are waiting for the price to return to the same level to give us the opportunity to enter again.
This strategy depends on returning to the target price of 0.3525, but as we all know, we have to be patient and focus on the important points.
Wait for the next opportunity and do not rush, success is in patient waiting. Good luck to everyone!"
Explanatory message on the reasons for Bitcoin's decline today $BTC
Dear followers,
Bitcoin today, November 24, 2024, witnessed a significant drop in price, affected by a set of economic and technical factors. Here are the main reasons for this decline:
1. Sudden liquidation of positions:
During Asian trading hours, large trading positions worth more than $ 70 million were liquidated due to weak liquidity, leading to significant selling pressure and sharp volatility.
2. Global economic factors:
Concerns about raising interest rates globally and increasing bond yields prompted investors to avoid high-risk assets such as cryptocurrencies.
3. Increased supply in the market:
The redistribution of about 142 thousand bitcoins from the Mt.Gox exchange to its creditors contributed to increasing the supply in the market, which put additional pressure on prices.
4. Whale behavior:
The market witnessed large sales by large investors, which exacerbated the decline.
Future Outlook: Despite this decline, Bitcoin is known for its ability to recover in the long term. Traders are advised to monitor the market carefully, and identify key support levels to act on developments.
Don't let market fluctuations make you fear and worry. This is the nature of financial markets; they go up and down. The important thing is to be patient and calm and learn how to use these movements to your advantage. Opportunities are always there for those who watch the market well and make their decisions rationally. Remember, success in the markets comes with consistency and discipline. Take advantage of opportunities instead of worrying, and stay confident that every decline brings with it a new opportunity! 🌟"
I share with you this unique opportunity to trade the ALGO/USDT pair with well-studied price targets:
First target: 0.32
Second target: 0.35
Third target: 0.39
Choose the target that suits you and liquidate at the right time. Always remember the importance of risk management and not being greedy to achieve the best results.
Important notes:
Continuously follow the market movements.
Place take profit/stop loss orders to avoid any sudden fluctuations.
Trading requires discipline and control of emotions.
It is one of the most prominent digital currencies thanks to its advanced technology that focuses on speed, security, and environmental sustainability. It is based on the "Pure Proof of Stake" mechanism that enhances decentralization and reduces energy consumption, making it a sustainable and innovative option.
Why invest in ALGO?
Leading technology: Processing thousands of transactions in seconds.
Institutional support: Strong partnerships enhance its position.
Growth opportunities: With the expansion of blockchain technology adoption, the value of the currency is expected to rise significantly.
Forecast: Analytics indicate that ALGO can rise to new levels, making it an attractive investment opportunity for digital currency enthusiasts.
"I assure everyone who started with me in this strategy that we are moving in the right direction, and things are still completely under control. We are far from any real risks at the moment, and the most important thing is to stick to the stop loss at 0.2750 USDT as shown in the plan.
For those who want to strengthen their positions or enter, the best entry point is between 0.28 and 0.29 USDT. Remember that the success of the strategy depends on discipline and wise risk management. Continue with confidence and thoughtful steps, and we will achieve the desired results together, God willing."
To all traders: If you fear loss, or do not have the patience to wait for the moment when you reap the fruits of your labor, stop now. Trading is not a game of chance, but a journey that requires a strong mind and a brave heart. We have all faced losses, felt frustrated, and faced difficult decisions, but we did not give up. Because we know that those who persevere are the ones who win.
Success in this world does not come by chance, but rather comes with patience, commitment, and belief in your plan and strategy. You may weaken at some moments, but do not let fear defeat you. Every loss carries a lesson, and every challenge adds strength.
Remember: Markets do not reward the hesitant, but reward those who are confident, and those who know how to turn every stumble into a step forward. Trust yourself, trust your vision, and know that success is not far away. It is there, waiting for those who have the determination to reach it. Do not stop, you are closer than you think.
Important message to our followers regarding ALGO/USDT trading
Dear followers,
We recommend that you follow this strategy carefully and be patient to achieve the best results, while committing to using a leverage of no more than 7x to avoid high risks:
Entry:
Upon correction: between 0.285 - 0.290.
After the breakout: above 0.3215 with strong momentum targeting 0.35 - 0.38.
Exit and take profits: in stages at 0.32 - 0.35 - 0.38.
Stop loss: at 0.275 to protect capital.
Important advice:
Patience and commitment to the plan are the keys to success. Trading with leverage increases profits but increases risks, so make sure to manage your capital wisely.
A message to our followers regarding the ALGO/USDT currency
Dear followers,
After analyzing the movement of the ALGO currency, there is an opportunity to trade according to the following strategy with the need to fully adhere to the instructions to achieve the best results and avoid risks:
Entry strategy:
Buy on correction: Entry between 0.285 - 0.290 while monitoring price support.
Entry after the breakout: If the price breaks the resistance level of 0.3215 with strong momentum, you can buy by targeting the levels of 0.35 - 0.38.
Exit strategy:
Take profits: in stages at 0.32 - 0.35 - 0.38.
Stop loss: at the level of 0.275 to protect capital.
Important warning:
The market is very volatile, and sudden changes in the trend may occur. Please adhere to risk management and do not enter with large amounts.
Trading requires patience and discipline. Do not enter the market unless the appropriate technical conditions are available.
Important advice:
Adherence to the instructions and the mentioned strategy is the basis for achieving success in this type of trading. Ignoring the rules may lead to unexpected losses.
I apologize for my absence during the past period, but I am back today to share with you a special opportunity to trade with the FET/USDT currency, which shows strong signs of upward according to technical analysis.
Current price: 1.2673.
Trend: Upward with a breakout of the downward trend and an increase in trading volume.
Targets: 1.29 as a first target, with the possibility of reaching 1.35 if the momentum continues.
My advice: Enter at current levels, with a stop loss below 1.20.
This is an opportunity worth following, as the current momentum indicates the possibility of achieving good profits. Don't miss this wave!
I hope you are all well and in the best of health. Today I am sharing with you a quick analysis of the latest developments in the cryptocurrency market based on current data:
1. Significant increase in large flows: Over the last 15 minutes, we have seen a large financial flow of 38.17%. This indicates a clear activity in buying or selling operations, which could mean a potential price movement soon. I advise you to monitor the market closely in the coming period.
2. Stable growth in leverage: With a low growth rate in leverage (0.02%), it seems that traders are not overly leveraged, which indicates that the market is currently stable without significant risks.
3. Average activity within 24 hours: The transaction rate for leveraged trading is 13.78, which means that the market is moving at a moderate pace, without significant fluctuations so far.
4. Balance between buying and selling: The buying and selling rate in the last 5 minutes (1.19) shows a balance between buying and selling, reflecting the stability of the market in the short term.
Advice: With all these indicators, the market seems relatively stable, but it may be better to wait for clearer signals from technical analysis before making any trading decisions.
Stay tuned, we will provide you with more analysis soon.
Here is a quick analysis of the current Bitcoin movement with some important recommendations:
1. Current technical analysis:
Bitcoin is trading at an important resistance level around 68,133.
Technical indicators show that the currency is in an overbought area (RSI and Stochastic RSI), which means that there is a possibility of a pullback or correction soon.
The SAR indicator still supports the upward trend.
2. Recommendations:
Wait and wait strategy: Wait for a confirmation of a breakout of the 68,133 level for a few candles on a larger time frame before buying again.
Buy at support: In case of a pullback, you can consider buying around the support level of 68,000.
Setting a stop loss: For those who currently have long positions, it is recommended to place a stop loss below 68,000 to protect capital.
Following moving averages: In case of a golden cross on a larger time frame, long positions can be strengthened.
Always stay informed of market movements, and do not hesitate to take cautious steps in case of any sudden changes!
With the current rise of Bitcoin and Ethereum, there are some alternative cryptocurrencies that may benefit from this upward trend. Here are the most prominent of these currencies that are worth following in the coming stage:
1. Optimism (OP): This coin offers an advanced solution as a second layer for Ethereum, which enhances transaction speed and reduces costs. It is gaining increasing attention in the fields of decentralized finance (DeFi) and digital games, with major improvements such as the Bedrock update that significantly reduced fees and confirmation times.
2. Bittensor (TAO): This coin is an interesting option due to its association with artificial intelligence technology. It managed to achieve a significant rise in 2024 by 152%, and it is expected to continue to reap the benefits of modern trends in artificial intelligence.
3. BNB: As one of the strong currencies in the market, thanks to its association with the huge Binance platform, BNB offers multiple advantages such as reduced trading fees and its wide use in decentralized applications. BNB continues to prove itself as a stable and attractive investment option.
Keep an eye on these currencies in the coming weeks, there is good potential for profit as the market continues to rise.