Last two weeks have been profitable for many traders—congratulations! There is only one trick: Don’t go against the trend! So, how can we identify trends? Three factors are important:
1. Fundamental analysis
2. Technical analysis
3. Psychological fundamentals
Technical analysis involves chart movements, FVG spots, golden spots, buy zones, sell zones, liquidity zones, and more. However, focusing on zones and trade patterns is enough to analyze the trend.
Next is fundamental analysis, which includes news that can impact the market, coin and exchange decisions, data like employment statistics, and inflation data, among others.
So, what’s the setup? Whenever strong fundamental changes occur, don’t rely on charts or any type of technical analysis. Here’s the crucial fact: when the market is driven by fundamental factors, those who rely solely on technical analysis will lose, and their money will feed the winners or support the trend.
Now you understand what’s more powerful. Whenever fundamental factors are present, don’t prioritize technical analysis.
Here’s what happened: last week was election week. Most people knew Trump was winning at that time, and many went long, resulting in huge profits for everyone! Banks, exchanges, individual traders, and professional traders—all kinds of people profited, even after three liquidity declines for shorts. Technically, the market was overbought and should have declined, but instead, it broke three ATHs (All-Time Highs).
Why? Because Trump is known for supporting crypto, and with Elon Musk also backing him, both crypto giants and tech advocates, LONG traders dominated the market.
Some newbies shorted the market when BTC hit the first ATH of this season. They thought BTC would decline after reaching $73k. But I ask, who shorted and lost? Do you know what drove BTC to $73k? If there’s a stronger reason, BTC can break the ATH again. It all depends on the psychology of selling and who is holding. These holders are professional traders and big investors who understand the power of Trump’s election results.
Everything goes beyond the chart—even the chart is just a reflection of the past, even milliseconds ago.
So, I’m saying, learn fundamental analysis! Learn technical analysis! Once you learn, come to the future. This market is full of hunters. If you’re not prepared, they will consume you. So learn the basics! Don’t ask where to learn. You can find everything freely available—don’t pay a penny. Stay hungry! Focus on understanding and trading!
In this market, I made a profit of $170,000 by going long, with over 50 successful trades. I know how to hold, and I know when to sell.
So, learn the basics and stay with us! I’ll guide you with signals and knowledge packs. Don’t worry, but put in the hard work!
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