🚨From Rags to Riches: Trader Who Turned $100 into $1,000,000💲
Once upon a time, there was a young man named Andy who had a dream of becoming a successful trader. He had no money to start with, but he was determined to make it happen.Andy started by reading everything he could about trading. He learned about different trading strategies, risk management, and the psychology of trading. He also practiced trading on a paper trading account, which allowed him to trade without risking any real money.After a few months of preparation, Andy was finally ready to st
🗓 From the weekly timeframe, we can observe the formation of a high-volume area. The monthly asset drawdown has triggered an inflow of selling volume. We were halted by the nearest support point (marked on the chart 📈 ). It was here that demand emerged, accompanied by minimal buying volume📊.
➡️ However, for us, it’s crucial to have some form of catalyst! In our case, it’s the area that previously launched a strong long movement🔼.
❗354% pure movement! 💰
➡New members, please take note of the Accumulation Zone — we place limit orders throughout the entire specified range! Maintain proper risk management: no more than 1%. 💡 After hitting the first take profit, we move our stop to breakeven (entry point) and optionally secure 25-50% of the profit! 💰✅
🪙 This idea is suitable for both spot and futures trading! 🚀
As soon as we hit 30 🔥 reactions here, a new asset will be published immediately!
💰Binance Academy Christmas Games 🗓Activity Period: 2024-12-17 00:00 (UTC) to 2024-12-31 23:59 (UTC)
Note: Users who completed the specific mission(s) prior to the Activity Period will not be eligible to participate in the corresponding mission(s).
🥇 Bronze: All eligible users who complete 1 mission. 🥈 Silver: All eligible users who complete 2 missions. 🥉 Gold: All eligible users who complete all 3 missions. 💲 Reward: USDC
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According to Glassnode, this Bitcoin cycle is officially the least volatile on record. 📉 With growing institutional adoption and spot ETFs driving demand, BTC's stability has reached new heights.
Resistance Area: $0.233-$0.24 Price is now testing the support zone and needs to hold this level. You can open long position here with stop loss. We may see a bounce from here towards the resistance area.
Crypto Market Sees $1.1 Billion Liquidated in 24 Hours!
In a turbulent 24 hours, over $1.1 billion in crypto positions were liquidated, reflecting heightened volatility across the market. Both longs and shorts faced significant liquidations as price swings caught traders off guard.
The Bitcoin network's difficulty - which measures how much computational power is needed to mine a block - has seen a massive increase over time. After 418 adjustments, the difficulty has reached 446,331,432,498,125,300,000,000, reflecting the tremendous growth in network security and mining power committed to Bitcoin. This represents a significant evolution from Bitcoin's early days, showing how the network has become increasingly robust and secure.
$PYTH analysis: Resistance Area: $0.392-$0.415 Price broke the support area and now trading below it. You can wait for a reclaim of the level for new entries. #MarketPullback
Higher sell pressure in $BTC . Let's see if this level holds. If not it's going to be like a 2 to 3 weeks wait before we pump back. I am accumulating BNB as much as as I can as it will start to fly from January.
Disclaimer: all my trades are in spot. I never recommend to futures trading. Always do your own research before investing.
➡️ We see a pullback from the March high. The price has entered a zone where liquidity was raised, followed by a buy volume and its registration. During this consolidation, a key area formed that we are targeting to join the long movement!🔼
$ICP dropped further lower and back to the support area as mentioned. Price kinda having a rejection and but market is still bearish movement. Wait for the sell-pressure to settle down and buy after the LTF breakout.