🔥🔥The UAE currently holds 40 billion dollars in Bitcoin. 📈Dubai has been continuously working to attract crypto companies since the establishment of the Virtual Assets Regulatory Authority (VARA) in 2022. The Dubai Multi Commodities Center (DMCC) also plays a key role in attracting blockchain startups from around the world.📈$BTC
🔴 The price has approached the fill of the Breaker Block on the D timeframe while also sweeping the IDM (liquidity zone lure), then it retracted creating a quite nice candle indicating a long-term bullish reversal is imminent, expecting the price to continue to grow
H1 is also creating an upward trend and simultaneously filling the H1 BRP, which is quite a potential confluence
This is a reference plan, not encouraging trading!
1. *Set clear goals*: Define investment objectives, risk tolerance, and investment duration to determine an appropriate capital management strategy. 2. *Allocate capital wisely*: Divide capital into smaller portions, allocating to various assets to minimize risk. 3. *Set stop loss limits*: Determine stop loss price levels to limit losses when the market moves against you. 4. *Manage risk ratio*: Ensure that the risk ratio for each trade does not exceed 2-3% of total capital. 5. *Control emotions*: Avoid making decisions based on emotions, always adhere to the established plan and strategy.
📌*Specific strategies*
- Use the "Hedging" strategy to minimize risk. - Apply the "Position Sizing" model to determine appropriate trade size. - Use technical indicators to identify buying/selling moments.
📌*Important principles*
- Do not invest more than 10% of total capital in one asset. - Do not use excessive leverage. - Always update knowledge and experience.
📌*Support tools*
- Capital management software like Money Management, Risk Manager. - Technical analysis tools like MetaTrader, TradingView.
📌*Trading psychology*
- Disciplined mindset: Adhere to the plan and strategy. - Patient mindset: Wait for the right opportunity. - Flexible mindset: Adjust strategies when necessary.
💵💵Remember that effective capital management requires experience, discipline, and flexibility.
It will always be very easy to criticize anything from the perspective of idealism—why something would fail... But the real world requires nuance, strategy, and consideration of the political risks and benefits.
All participants can interpret the results in a way that benefits themselves, and that can still be advantageous for everyone in general.
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Message me on Telegram @vhauwtpe for more details. If you like it, please support me; if not, please ignore it, don't be toxic 🥲 Thank you very much ❤️
red just like the past few days or more, if there's money then gather more goods
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vhauwtpe
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🔴 BTC.D Daily Update
The trend has shifted to a decrease and is reacting at the OTE fibo zone
There is a possibility of a slight decrease before moving up to the MJH area to sweep the liquidity at the top of 61.9%, which is also IDM, and then down => At that moment, it will be an opportunity for Altcoins to rise.
The trend has shifted to a decrease and is reacting at the OTE fibo zone
There is a possibility of a slight decrease before moving up to the MJH area to sweep the liquidity at the top of 61.9%, which is also IDM, and then down => At that moment, it will be an opportunity for Altcoins to rise.
🔥🔥🔥A series of crypto companies donate millions of USD to fund Trump's inauguration 🔥🔥Kraken, Ripple, Ondo Finance, Coinbase, Moonpay donate millions of USD to fund Trump's inauguration, promoting policy collaboration in support of the crypto industry. What do you think about what's coming up 😁🚀
✅Plan has been matched to the OTE fibo zone 96-97k.
Here we wait for a clear confirmation signal before trading, wait for an increase setup such as creating an increase wave or breaking the internal decrease structure before we can continue to watch Long.
The trend is still up, so everyone should consider trading according to the main trend. Personally, this place is quite sensitive at the moment, so trade with a small volume to see the situation.
Good luck trading 🍀 $BTC
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vhauwtpe
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🔴BTC Plan Update 19/12:
It has been adjusted and may match the Plan regarding the OTE fibo zone as mentioned in the previous plan.
Look for Long positions when the price reaches 96 - 97k with confirmation on LTF; this area is quite sensitive, so everyone needs clear signals as the previous trend has been strongly upward.
The liquidity area of the trendline may still be taken, so everyone should pay attention to trading.