Key $BTC zone that i think price should break and hold abov | CRYPTO MECHANIC on Binance Square

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CRYPTO MECHANIC

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Key $BTC  zone that i think price should break and hold above to break that lower highs structure.

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There is a big misconception in people and I'm going to clear your doubts today. when a new coin launched and it shows a percentage based on the low of that candle and the price where the market currently is like $CATI is up 900% right now. The misconception is people think there are some people who bought it at $0.08 and some at $1 20. some may have made big money and some may lose a lot but this is not the case. When binance adds a new coin they have to mention three prices before the trading starts. opening price high of the day low of the day for example #CATI low is $0.08 and high is $1.20 and the opening price was around $0.90 the low is mostly based on that coin's ico price or the launchpad price and the highs is either random or it's based on CMC if it is already trading on other exchanges. Sometimes both can just be random numbers depending on the marketcap at the time of the launch. So the percentage you see on screen is the difference between the ico/launchpad price and the current market price. it's the percentage that ico or Seed investors made. like i said they have to add 3 prices before they launch there is no way someone bought it at $0.0i or $1.200. Everyone buys at the value where the trading starts. Do not get impressed or amazed by these numbers, know how these things work. it's important . Stay educated.

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Every day, we compete with each other. One trader's TP is another trader's Stop Loss. So, who wins at the end? The Focused, Calm, Emotionally-Intelligent trader will always take the money of the FOMO, Emotional and Unfocused trader. So - what can be done to ensure you win?Trading is about Focus Time = Energy Wasted . Energy Wasted = Loss of Focus and Edge. The more time you spend on charts, the more energy you waste, the smaller your edge becomes. It's Counterintuitive, but the less you trade, the better you will perform. Why is that? You have a Performance Edge You will always have an Edge over the other traders. Traders who spend 8 hours on charts never have an edge. They get beaten by traders who spend 1 hour a day. So - pick a trading window and dedicate full focus Take your trades and then rest. When the market is unclear - Rest. When there is heavy news - Rest. And like a sniper - show up Fresh at the right time, while the impatient are already blown up

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Would be great if we get a few Weeks of upside. Some Altcoin charts Are looking so good right now. I will post a few next week.

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$BTC Monthly chart is so clean. What's your high timeframe target on Bitcoin?

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i see so much hate around this project already. The reason is obvious people didn't receive the airdrop as they were expecting but i also see people got so many tokens, someone got 14k CATI tokens. CATI Launchpool farming ending soon and after that the trading will start. Based on my research i think those who invested some amount in it to farm the tokens got a good allocation and those who didn't spend much or spent any got very small allocation. The minimum i saw is 2 Cati tokens. I personally like the strategy they used to collect some revenue for the project as it costs money to run projects. I think it can do well but as i always say buying something right after the launch can never be a good idea. But you can still farm it with $BNB and get some tokens without any risk involved in it. Get more information about when it will launch and Farming here 👈 Based on my assumptions i think it can be launched at $1.2 - $1.6 or if it's launched at the marketcap that DOGS was i launched it can be around $2. So i think that's a good price. What's your price prediction? #CATILAUNCHPOOL #BinanceLaunchpoolCATI

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