Flash manufacturing PMI: Negative for USD

Actual : 48.2
Survey: 49.5
Prior: 49.4

Plash services PMI: Positive for USD

Actual : 51.3
Survey : 50.7
Prior : 50.8

#BTC #USD #BinanceTournament #cryptocruncy2023

😖 Don't let trading📊 break you!

When you incur losses, it can feel like the end of the world, mainly because you might have been risking more than you can afford.

As I always emphasize, IF YOU START TRADING 📊WITH THE INTENTION OF GETTING RICH QUICK, YOU'RE LIKELY TO LOSE EVERYTHING.

That's why we continually stress the importance of PROPER RISK MANAGEMENT to ensure you never risk more than you can comfortably lose.

Make sure to always set a STOP LOSS🔴.
By the way, remember that the move which triggered our stop loss also affected many other traders.

This is the nature of crypto 💹trading; it's rife with unexpected price swings.

I don't have control over the market🪙; we are merely small participants.

While it's natural to feel frustration when you incur losses, take a breather and approach the market with a cool head, following sound RISK MANAGEMENT y practices...

#BTC #BinanceTournament #cryptocruncy2023 #ETH #JTO

🪙 Bitcoin Price Might Drop to $36K, Top Analyst📊
Warns.
A recent analysis by prominent crypto trader Josh Olszewicz, known on X as @CarpeNoctom, suggests that Bitcoin (BTC) might see a drop to the $36,000 range. His bearish case is based on the daily Kijun line.
Furthermore, he advises that setting a stop loss on long positions around $42,800 might be prudent.
Understanding the Kijun line.
The Kijun line, a key component of the Ichimoku Cloud trading system, represents one of the primary indicators used by traders to gauge potential price movement.
It is often considered the baseline or standard line, calculated over the last 26 periods and providing a median price over that duration.
A dip below the Kijun line can be interpreted as a bearish signal, suggesting that prices could continue to fall if the pattern holds true

In the context of the chart you provided, the green cloud indicates a bullish phase with potential support levels should the price of Bitcoin decline.
The fact that the price action is above the cloud suggests that the overall trend is upwards.
If the price were to enter the cloud, it might suggest uncertainty or a possible change in trend, and if it were to break below the cloud, it could be considered a bearish signal.
$BTCbear case = 35.7k (daily Kijun)SL on longs prob
prudent around 42.8k.
The crypto market remains in limbo.
Over the past 24 hours, the cryptocurrency market has witnessed Bitcoin consolidating its position, with minor fluctuations indicating a period of stability after recent gains, according to CoinGecko.
Ethereum has mirrored this steadiness, maintaining a similar percentage change.
Binance Coin and Ripple-affiliated XRP have also experienced slight increases, suggesting a cautious continuation of their upward trends.
#BinanceTournament #BTC #ETH #sol #cryptocruncy2023

Trading is total.

You have:

1) Emotion control

- Patience
- Discipline
- Confidence

2) Strategy

- Planning
- System execution
- Risk management

3) World behavior

- Supply & Demand
- Fear & Greed
- News & Control

If you can overcome the trading learning curve, you can do anything.

#BTC #cryptocruncy2023 #BinanceTournament #etf #binance

Terra Luna Classic Votes On 800 Million Burn For Another LUNC And USTC Rally

The community is at a crossroads! Proposal deadline: December 19.

After blacklisting the Risk Harbor wallet, the new proposal aims to burn the remaining 800M USTC, as communication breakdowns and lost keys hinder fund recovery.

Initial votes show an equal split between
"Yes" and "No with veto." Notable validators StakeBin, LuncGoblins, and LUNC Development Fund support the proposal.

If passed, L1 TF, the core developer, will execute the deletion via a bank module keeper and update the terrad client.

LUNC price remains sideways post 22% dip, trading at $0.000178. USTC sees a 4% dip, trading at $0.0400.

Stay tuned for updates!

#BTC #luna #lunc #BinanceTournament #cryptocruncy2023

‼️‼️‼️‼️‼️‼️‼️‼️
2016 - You missed $XRP 😟
2017 - You missed $LTC 😟
2018 - You missed $EOS 😟
2019 - You missed $XTz😟
2020 - You missed $UNI😟
2021 - You missed $AAVE😟
2022 - You missed $SAND😟
2023 - You missed $SOL😟
In 2024, don't miss….‼️

#BTC #BinanceTournament #cryptocruncy2023 #BinanceCEO

‼️BRAKING NEWS‼️

SEC Chair Gary Gensler on Spot Bitcoin ETF approval:
"We do things according to our authorities and how courts interpret our authorities and that's what we'll do here."
- The Court gave a decisive victory in favour of Grayscale.
- The SEC has since started an unprecedented process of engagement with ETF applicants.
- Numerous amendments and refilings have been made.

#BTC #BinanceTournament #cryptocruncy2023 #binance

Trading challenge:

Use the weekend to become a 10x better trader.

1) Check:

- Your system's setups
- Your system's rules
- Your risk's rules

2) Track:

- Your last 100 trades (or more if scalping)
- Entries, exits, risk per trade
- Good executions and mistakes

3) Study:

- Your execution
- Your mistakes
- Your emotions (on recent trades)

4) Improve your trading

- Master your best trading setup
- Create rules to fix mistakes
- Understand emotions that cause mistakes

The weekend is the best time to improve your trading.

Stop wasting time.

#BTC #BinanceTournament #BONK #SATS #cryptocruncy2023

📊 Trading is 100% individuality:

- No boss😎
- No customers
- Nobody coming to save you🤏🏻
- You teach yourself strategy, planning, executing systems, achieving goals, overcoming failures, etc.

Trading teaches you to not depend on other people.

#BTC #BullRun #BRC20 #cryptocruncy2023