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Ali Hossain728
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Word of the Day
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Theme: Crypto Adoption
2024-12-16 to 2024-12-22
#Ali-Hossain
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$BTC is rising bút altcoins are falling. The dominance of bitcoin is rising as the money is being shifted from Altcoins to bitcoin. I think it is for a safer move in case market fall the bitcoin will fall less bút Altcoin will fall more. $ETH $XRP are also under selling pressure. Solana has shown significant growth in last 24 hours. Other than altcoins meme coins like doge & pepe are also under selling pressure.
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Book partial profit before spot trading starts.
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$BTC $ETH $XRP All the major crypto currency are facing strong resistance and trading at little bit down side. One can go for short positions with a proper SL. Take leverage in future trade as per your risk profile. Don’t take more than 10% ruka of total capital. Divide your total capital in 10 part and only use maximum 10% at a time. And try to hold profitable trade instead of holding losing trades. DYOR.
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All the major coins are trading near their strong resistance zone. If these coins stays here and gives break out it can touch new all time high bút chances are very high for a correction. Please be very careful while opening new positions. Better to wait for some consolidation and enter in trade as per the direction of movement.
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My trade for ETH futures. I got a small profit bút its booster for my trading journey.
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