I see many post from people who tells you to open Short positions đ
I admit it is very possible, me personally have small short position too and with proper stop loss. đ
What i want to say is that it is possible for $BTC $ETH $BNB to go down and the same it is possible they will continue to grow up. (Maybe not so much or maybe not-still surely enough to liquidate your positions)đȘ
Market days like this are NOT recommended for trading.
Wait to see if it's a trend or it was just a bounce. Wait to see if there will be new range party. Just wait, don't be impulsive and keep your money đ°
Don't be fooled to open any positions (for the moment) and lose most of your moneyđȘ
If you want to try your luck i highly suggest to open trades with small amount on low leverage!
About the last crash in the crypto market which took down $BTC to under 40000$ giving a massive loss to all investors. The whole market was down by 20-30% with $ETH , $SOL and all tokens dropping significantlyđ Many traders had losses which were too far from recoveryâšïž
Due to lately #BTC⏠market that same cycle could repeat once againđȘ Here is what you can do to avoid losses & earn significant profits đČ
đ Always make sure to check the market trend before deciding to take a position.
đNever go against the market trend ,even if you clearly see a different trend on the individual chart ,going against the market trend will definitely result in loss, check the market trend for additional confirmation before placing the trade.
đIf the market shows a normal trend follow the trend of the respective charts, if market occupies a specific trend , strictly consider market trend above any individual chart trends.
đ When the market is bullish ,avoid trading on bearish patterns ,since the market & the individual chart patterns are opposite, this creates an uncertainty in the price movement. Taking positions on such charts might lead to loss.
đ Identify charts with continuous/smooth patterns ,trading on high volatile tokens may initially have favourable price movements, but there are high chances that they hit your SL before moving in the desired direction.
đ Strictly maintain your SL & never try to catch trades on trend reversal. If the market is bearish ,only 'sell' ,never 'buy'.
đ Be aware of the false breakouts that occur reversing the direction of the priceflow, Do not enter the trades immediately, Turnaround or Price reversals are only possible when the whole market trend tends to reverse.
This time we will discuss $ETH and how maximize our profits.
#ETHETFS probably the top reason for the price rally of ETH and the most common opinion you can see in internet. But is it? Companies like #BlackRock and #MicroStrategy have been here around since a while and they know what to do and when. People think that if there is a big money inflow the the price will go up.. Yes but No When big companies enter in the market they do it slowly and step by step as they don't want to manipulate the market with big orders. Imagine.. let say.. 100 000 000 dollar investment and ETH price 500$ This will make HUGE candle and will set the price to let's say 700$ so they will end up with coins +/- 600$ each. At the price of 700$ they have insta profits from the lower price coins. People then start to take profits and price drops again to 600$ So the big funds are at 0 or could be in loss in that time. And of course big companies are regulated and should not manipulate the market ..
So what they do is buy slowly and they buy the all the 100 000 000$ in the range 500-600$ now they have 550$ per coin and price of 600$ But that happened in time period and normal people, who see the price is steady going up or waiting for candles and other charts, are starting to enter the market too. That drives the price even more up and there is when BIGs start to take small profits and re-enter cycles.
My point: No it is not ETFs and BIGs The price is 20% up because of the people who think there will be big inflows and price will go up but in real life it will probably not going to happen like that.
Remember what happened with $BTC ETF ? Then it was the halving .. Price didn't went to the moon and there was no x100
Trading is not for regular people to make money It is a lot of work, psychology and mindset.
If you have open positions maybe would be wise to secure profits. Don't be greedy - you CAN NOT buy and sell the best price. The real maximizing profits are done with steps and portions.
We have experienced significant price change in the last hours which was following the $BTC price gain momentum a few hours before.
As we know the cycle of buying and selling is the major mover of the market and many buy orders drove the price to where it broke the uptrend price line. Gaining 10% for such a short time period might be positive sign for rally to 700$
If the current price manage to stay above 650$ then most probably we will see the uptrend momentum to continue and we can keep our position open If there is a drop below then market could probably take a drop shot as there will be big sell orders coming together and many people will be trying to exit on some profit.
The best i can suggest would probably be to get some profits above 650$ and secure half of your funds invested. There will be pullback at some point and it will be better for you if you have some profits in your pocket. Remember that there is almost no chance to wake up as overnight millionaire with 10$-1000$ investment but securing profits guarantees you that you are on the right way and following that path that will lead you there.
In short uptrend is here there are no pullback heavy sings so far. Price is rather stable at the moment. Secure some profits 30%-50% from positions and wait for next gain to secure some more or for the drop to enter again in.
I have been doing some other RL things recently and haven't posted anything for a while.
What we need to talk with you today is $BTC
Showing up again at 70k it is a really good sign that still there is an uptrend in the market. Expect move to 72-3k and then very possible 67-5k again.
What i want to tell you is do not rush to open positions if you already miss to enter below 67k
For now the best you can do is to wait and observe. Also now could be good opportunity to open range bots as it is very possible price to ranging for couple of days.
Check the charts for what were the moves lately and bet on them as the chances to happen again are more realistic than moons, rockets and ...
Don't get me wrong i am not bearish, we are in bull market but guys you need to be cautious with your money and invest them wisely. Do NOT believe to others who tells you any coin will x100 or will go 0 I am always trying to give you good advice and if possible good move sign but you must know that nobody knows where the market will go and what will happen.
I have some tips which i will share with you soon.
Tomorrow i will tell you about $SOL and $PEPE I need to do some research as i have some concerns there. As well you can expect new content about #RNDR/USDT #BNB_Market_Update
I will be giving you possible moves in the following days. Be prepared!
About $BTC drop today and the importance of financial instrumentsđȘ
Today we have experienced major drop in#BTC followed by $ETH and $BNB Some say crypto exchange had a problem while others say it was manipulation đłïž
I will not tell you any of them as i don't really care and nobody can know that for sure. All of them claims are mostly speculations âšïž For me the truth is that everything is collaborative and reasons could be even more.
What i want to talk about is the importance of Stop Loss đ
In all my posts from the last 2 weeks I've been telling you that price can go to any direction, to be cautious with opening orders and to use đ I hope you trust me and listen to me
Guys, friends, readers and my followers.. Please learn and start using any instruments you can for your tradings!
Not losing money is even more important than earning them đŻ
Important update â +You must know đ Thank you all for subscribing and hitting likes â€ïž
Thanks to you i am Ranked No. 6 among all Binance content writers for the last week âšïž
As i told you yesterday to NOT believe all the people who was telling you to short and today you can see why đ€ The update i want to share with you is that $BTC is starting to form structure which suggest price could drop now or soonđ
Must know - the structure is still forming and it's not confirmed. If you want to try it out i suggest low leverage and small amount đ€ any profit is a profit - don't chase always big money đ°
$BNB is consolidating $SOL consolidated even before #BNB⏠#pepe absolutely don't try any trades (for the moment) there as the coin is only for speculation and can go in any direction
And again: Possible short timeđ Small amount and leverage recommended No trading is advised. Wait for market confirmations!
Guys đČđČ The moment many of you have waited is here! đŠ Bears got the momentum and I expect :
$SOL to go around 70$đ
$BTC Is also going down and nothing interesting here too.đ I think it can hit 37k$..
$UMA did interesting moves lately with đŻ 6$ I don't think it will go up anymore in this market where everything is going down đ It was just normal pump scheme and big FOMO following it. I expect big dump to 2$ range again đ
Guys đČđČđČ đš Super Important Alert and Probably TOP Signal in this post :
My followers already know about the chart and are in good profit if you missed it check my pinned post on my page! đȘ
Today we have another super news from $SOL °We all know about #SOLANA mobile phone and the story how 500$ device has been sold for 5000$ over eBay What happen today is #Solana-SOL are preparing to sell their second device soon đ
!!! This will definitely hit the market and will increase coin's value + adding the 1D chart cross = Super gains for mid to long term !!!
$BTC has risen today which is also a good sign
And to remind you that today is the last day of #MANTA farming on #Launchpool
Medium and Long đŻ are different and will discuss them in separate post later today
Meanwhile $XAI hit all time high at @1.23 then went back to 1.02 and now is trading 1.13 I would say it's a very risky trade but if you bought with my previous post and sold with the ATH-run you did great job
$BTC soon to surpass 43000$ and when than happen be ready for rally đŻ 43300-43700 đŻ
Very soon I will post updates and new possible trades đ»
Stay tuned đ° Like, Share and Subscribe đ
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Bullish
Guys đČđČđČ
The moment I have waited it's finally here Look for the 1-day candle chart đ You can see how candles finally cross and the last 2 days are green...
This is a good sign and I'm Bullish about $SOL So I already placed a buy order and i'm waiting to see where it will go
Of course there is a possibility of going down but I think the chances are on my side đ
$BTC is steady around @42000 which is another UP sign for me
#MANTA launchpool has started so be sure you stake some funds in there too. As we can see how $XAI is going up in price I think this one would be even better
The moment I have waited it's finally here Look for the 1-day candle chart đ You can see how candles finally cross and the last 2 days are green...
This is a good sign and I'm Bullish about $SOL So I already placed a buy order and i'm waiting to see where it will go
Of course there is a possibility of going down but I think the chances are on my side đ
$BTC is steady around @42000 which is another UP sign for me
#MANTA launchpool has started so be sure you stake some funds in there too. As we can see how $XAI is going up in price I think this one would be even better
Guys You see the market and you know what I already told you.. $BTC $SOL $NEAR
đšRead until end it should be worty!!!
This post I want to make it special. About the people who we support and people who helped us in any kind or moment.
Today I did my first tip. Nothing special just 1 dollar but the support we show to someone is worth much more.
What I want to say is that from time to time people around us, no matter real life or no, they need us to show them that we care about them and they matter to us.
Every New Year I have a saying which I love to post on social media :
It's called Happiness
Before you go and seek for happiness make sure you already double check around you because happiness often is small ordinary thing. Most of the time it is easy to be missed or not to be seen and that is why many people think they don't have it.
Look around you and appreciate what you have and what are you given. It is very possible that you already have "Happiness"
Solana Gains Popularity, Surpasses Ethereum in Google Searches and Trading Volume
According to CryptoPotato, Solana (SOL) has experienced a significant increase in value throughout 2023, with notable growth in mid-December. Google search interest in Solana has recently exceeded that for Ethereum, particularly in countries like Spain and the Philippines. Along with its rise in search popularity, Solana has also seen a surge in trading volume and has outperformed Ethereum in certain other metrics.
Solana's price has increased by 1,000% since January 1, hovering around $107 as of now. The token's value has gradually increased throughout the year, with the most rapid pace occurring in mid-December. This could be one reason why Solana searches on Google have surpassed those for Ethereum since then. Solana currently has an index of 56, while Ethereum has an index of 51. Google searches are usually a trailing indicator, which tends to increase after the price goes up.
Solana has gained the most popularity in Spain and the Philippines, while residents of Brazil, Poland, and Finland remain much more interested in Ethereum. Google's data shows that people from the countries searching for Solana have also shown significant interest in Bonk Inu (BONK) â a memecoin built on the network. The dog-themed crypto asset made headlines earlier this month when its price reached an all-time high, and its market capitalization surged above the $2 billion mark.
Besides becoming more popular on Google, Solana has succeeded in a few other fields. On-chain trading volume jumped to a peak of over $2.6 billion on December 22, staying above the $1.2 billion level until December 27, surpassing Ethereum's. In the past few days, however, ETH reclaimed its lead, registering a trading volume of more than $2 billion on December 28 versus $1.1 billion for Solana. The non-fungible token niche also witnessed some shifts. Solana NFT sales volume hit almost $75 million in the last week, outpacing Ethereum, which comprised approximately $72 million.
$SOL Did you buy with me?đ° I'm already in profit ..đČ #sol #solana
you can still enter below 110$ đš
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Guys đČđČđČ
đš Be ready for some profits AGAIN đ°đ°
$SOL Is strong @105-110$ range which means it will soon retest 120-130$đ We did amazing profits on the previous cycle đ
$NEAR Is another token I play with. It has the same strength as #sol and I'm Bullish about it đđ The pattern and market tells me 4.5$ is on the way.
$BNB Is going upwards too, so I expect #solana and #near to follow
Stay TunedâŹïžâŹïž Don't miss any of my thoughts đ Like, Share and Subscribe đ