No one knows where the stock market/ bitcoin heading. Follow people who have strategies and strick risk management ways in trading. If anyone knows whats Btc tomorrow’s price, he will be rich, rather it’s all about opinions or speculations.
If you are investor neglect my post 😅 Investing over 5-10 years is the way to go. It’s not easy by the way.
Analysis: - Technical Indicators: Neutral oscillators and mixed moving averages suggest caution but potential for growth. - Chart Pattern: Symmetrical triangle indicating possible breakout. - Support Level: $464 - Resistance Level: $495
Trade Strategy: - Entry Point: Buy around $472 - Take Profit 1: $495 - Take Profit 2: $500
Summary: Bitcoin Cash is showing a potential bullish trend with significant upside if it breaks above the $495 resistance. Watch for a breakout from the current symmetrical triangle pattern.
Keep in mind the market is volatile and it might go either way, open small positions depending on your risk tolerance.
Most of us lost a lot in trading, and I have reached a point where I was thinking there is no way I will make money out of trading 📉
But learning in a hard way is always the best way to learn.
After losing and liquidation for multiple times 😭 I have concluded the following:
1- always trade small positions (a percentage not more than 5% of your capital) 2- Invest in trusted coins only (#eth And #btc ) 3- Always learn from people who are better than you. 4- Patience is the #key 🫡 5- Always trust yourself and buy when people selling and desperate. 6- Lock profits when you can and always stick to the plan. 7- If you don’t have time for trading and watching the news then avoid day trading. 8- Copy good traders, binance copy trading feature is great.
At the end you need to control your emotions and don’t get obsessed in getting rich quickly, it’s a process that needs a good plan and discipline.
#follow me for more, if we get 100 likes on this post, I will post a great trade tomorrow.
I see people panic-sell while it is the first Red Candle after 6 months greenish . Am neither Bullish nor bearish but if you ask me yeah it is more likely to rise again before it fell.
Am more intersted in $BNB $AAVE $ETH as it is moving a lot. Below is my analysis for the market ( it is not based on technical indicators) it is just how I see things
First candle of the month, assuming the market will rise again the starting should be bearish max till 50k to 52K and then rise to 70k+.
Remember always have #RiskControl in case things went south.
I believe that this is the most truthful and honest post out there, trade what you can afford to lose guys 🙏🏻❤️
LIVE
Equalizer92
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OMG I just can not believe the silly posts after the #crash yesterday ‼️‼️
People started to refer to the past and predicting the incoming week Bullish and bearish days like they have a stupid crystal ball. It just annoying to see such posts misleading the new traders and the people who are trying desperately to recover their losses, are the victims of these profiles who are seeking only for their own benefits and followers.
Guys, no one can predict the market, the past does not necessarily reflect the future. We are not banks and we are not huge financial institutions to affect the market with our predictions ‼️‼️
We need to support each other to have a more #SafeTrades and to make crypto market rises. I know there will be winners and lossers in all trading platforms, but it does not need to be always the same winners and lossers ‼️ Whales wins and dump the normal traders.
#TradeSmart and safe. Open positions Wisley. Control your feelings, control your risk and you will be fine regardless of the market direction
We are living the all time high $BTC $ETH in this #bitcoinhalving round, but for Alt coins still nothing near what was there in 2020. Guess what, a lot of altcoins have the potential to grow massively.
No doubt in the giants BTC & ETH, but investing in altcoins is always more profitable.
The question is, if the $BTC dropped from these highs to 18k or lesser where the altcoins will be? Imagine the opportunities. I am just thinking loud
It is not a trendy subject, but I would like to remind the new traders of what happens when #CEXs gets new regulation or it goes down due to a failure, hack or fraud.
Crypto wallets gets hype, big time actually! 🔥😜 Like what happened with #TrustWallet last to last year. Cold storing or less confidence in CEX during crash a lot of reason to use a crypto wallet.
In my personal opinion it is good to have one or more crypto wallets in mind in case you decided to use one. Following wallets proved their reliability over the years.