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Aakash Afridi
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#BTC、 15 minutes Chart 💫🎯 Do your own Analysis ✔️ #BullorBear #BinanceLaunchpool #Nonfarm $BTC
#BTC、
15 minutes Chart 💫🎯 Do your own Analysis ✔️
#BullorBear
#BinanceLaunchpool
#Nonfarm
$BTC
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#BTC/USDT. 4hour Chart = This Channel is Called , a Descending Channel =This a bearish channel 🤐 That's not a good sign for Long positions holders= Stay with us for latest updates ✅🎯 #Fed #NFP #ScamRiskWarning $BTC
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#W/USDT 4hour Chart = what is This Triangle 📐 Called ? And as per This chart #W/USDT will go up or down ? #Fed #ScamRiskWarning #NFP $W
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Educational post No 4= What is #Triangle 📐= A triangle is a technical analysis chart pattern formed by drawing two converging trend lines, one ascending and one descending, which converge to form a point. Triangles can be classified into three types: 1. *Symmetrical Triangle*: Formed by two converging trend lines with similar slopes, indicating a balance between buyers and sellers. 2. *Ascending Triangle*: Formed by a horizontal upper trend line and an ascending lower trend line, indicating a bullish bias. 3. *Descending Triangle*: Formed by a horizontal lower trend line and a descending upper trend line, indicating a bearish bias. *How to trade with triangles:* 1. *Symmetrical Triangle*: - Wait for a breakout above the upper trend line for a buy signal. - Wait for a breakdown below the lower trend line for a sell signal. 2. *Ascending Triangle*: - Buy when the price breaks out above the upper trend line. - Set a stop-loss below the lower trend line. 3. *Descending Triangle*: - Sell when the price breaks down below the lower trend line. - Set a stop-loss above the upper trend line. *Remember:* - Triangles are continuation patterns, indicating a potential breakout in the direction of the prevailing trend. - Trade in the direction of the breakout, but be cautious of false breakouts. - Set appropriate stop-loss and take-profit levels based on the chart pattern and market conditions. This post is prepared by #AakashAfridi #Fed #ScamRiskWarning #NFP
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Educational post No 3= What is #Trendlines ? Trend lines are a technical analysis tool used to identify and confirm trends in financial markets. A trend line is a diagonal line drawn on a chart to connect a series of higher lows (in an uptrend) or lower highs (in a downtrend). _How to draw trend lines:_ 1. Identify the trend: Determine whether the market is in an uptrend or downtrend. 2. Connect the dots: Draw a line connecting the higher lows (uptrend) or lower highs (downtrend). 3. Extend the line: Continue the line into the future to anticipate potential support or resistance levels. _How to trade with trend lines:_ 1. _Buy:_ When the price touches or bounces off the trend line in an uptrend. 2. _Sell:_ When the price touches or breaks below the trend line in a downtrend. 3. _Confirm:_ Use trend lines in conjunction with other indicators or chart patterns to confirm trading decisions. 4. _Breakout:_ Trade in the direction of a trend line break, but be cautious of false breakouts. 5. _Support and Resistance:_ Use trend lines as dynamic support and resistance levels to adjust stop-loss and take-profit levels. Remember, trend lines are not foolproof and should be combined with other forms of analysis and risk management techniques to ensure effective trading decisions. This post is prepared by #AakashAfridi #ScamRiskWarning #BinanceLaunchpool #Megadrop
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Educational post No 1= Support and Resistance are key concepts in technical analysis: *Support:* - A level where the price tends to bounce back up after a decline - An area where buyers are more likely to enter the market - A "floor" that prevents the price from falling further *Resistance:* - A level where the price tends to bounce back down after an increase - An area where sellers are more likely to enter the market - A "ceiling" that prevents the price from rising further Trading strategies based on Support and Resistance: 1. *Buy at Support:* - Wait for the price to reach a established Support level - Buy when the price bounces back up 2. *Sell at Resistance:* - Wait for the price to reach a established Resistance level - Sell when the price bounces back down 3. *Breakout Trades:* - Buy when the price breaks above a Resistance level - Sell when the price breaks below a Support level 4. *Reversal Trades:* - Sell when the price reaches a Resistance level and reverses - Buy when the price reaches a Support level and reverses Remember to: - Use multiple time frames to confirm Support and Resistance levels - Combine with other technical and fundamental analysis tools - Set stop-losses and manage risk - Trade with a clear plan and discipline Let me know if you have any other questions! If you see this post on another creater page 📄 will be copy paste , This posts belongs and writing by the Real #AakashAfridi #Megadrop #ScamRiskWarning #BinanceLaunchpool $BTC $ETH $BNB
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