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🔍 Seeking a swift method to spot sideways-moving coins? #Write2Earn
🔍 Seeking a swift method to spot sideways-moving coins?
#Write2Earn
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Don't blindly follow pre-drawn support and resistance indicators. If support and resistance levels are an open book, why isn't everyone making profits? I turned my trading around when I started drawing my own support and resistance levels. Here's my approach: 1. Draw Your Own Levels: Instead of relying on standard indicators, I draw support and resistance on the 4-hour or 1-day timeframe. 2. Regular Updates: I don’t rely on these levels for too long. Every 10 days, I redraw my support and resistance to reflect the latest market conditions. By doing this, I guarantee you'll start trading better. You might wonder, if I change coins every day, isn't that too much work? Here's the insider tip: the most successful traders don't overextend themselves. They zero in on a handful of coins—six at most—and trade those consistently. This is where small traders go wrong—they trade in dozens of coins and end up losing. Simplify your strategy, focus on a few coins, and you'll see a significant improvement in your trading success. #MicroStrategy #BlackRock #BinanceLaunchpool #StartInvestingInCrypto
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Always Book Profits at the Right Time! One common mistake is to sit idly, waiting for prices to rise further, only to miss out on gains. To avoid this, I follow a simple yet effective strategy: watch the whales. When I see the big players taking profits from a coin, I know it's time to act. 1. Check Liquidation Levels on CoinGlass: Using CoinGlass, I observe the liquidation levels to see where the money is concentrated. 2. Sell Near Liquidation Levels: When whales start to grab profits, I sell near these liquidation points. Often, the price touches this level and then pulls back. Sometimes, it may go a bit higher, but it generally declines within hours. By following this strategy, I've consistently managed to take profits at opportune moments, ensuring that I don't miss out on gains while others are caught up in the hype. Remember, in trading, timing is everything, and knowing when to sell is just as important as knowing when to buy. #StartInvestingInCrypto #MicroStrategy #BlackRock #BinanceLaunchpool
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Investing smartly means recognizing trends! Just like 80% of internet bandwidth is dedicated to video streaming, the Web3 space has projects tackling the same issue. Look at Theta, Livepeer, and BitTorrent Token (BTT). They're addressing the future head-on, much like the demand for video streaming. #BinanceLaunchpool #StartInvestingInCrypto #MicroStrategy #BlackRock
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The crypto market is on fire! Hong Kong just witnessed a massive $32 million inflow into Bitcoin ETFs, signaling a wave of investor enthusiasm following the US ETF launch. Meanwhile, Thailand has approved its first spot Bitcoin ETF, marking a significant milestone for cryptocurrency investment in Southeast Asia. #MicroStrategy #BlackRock #StartInvestingInCrypto
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Banking Crisis Alert! US banks are currently facing over $500 billion in unrealized losses, primarily due to mortgage-backed securities. To make matters worse, at least 63 banks are on the brink of bankruptcy, and the pressure from high interest rates is putting the US economy at risk. Are we witnessing the beginning of another financial meltdown similar to the 2008 crisis? #StartInvestingInCrypto #BlackRock #MicroStrategy
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