A trader started in crypto with $55
Now, they're sitting at $770k
- Want to learn how markets are manipulated?
- Want to learn how to use TA and really profit from it?
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Everything in the world follows cycles, and cryptocurrency is no exception.
Each bull run begins and ends the same way.
Yet, many people believe that each cycle is different, only to end up getting rekt every time.
Let's begin with the basics of technical analysis (TA):
🎈 Charts aren't just lines; they reflect people's emotions accurately.
Remember this point.
🎈 Each movement on a chart is not random - it often involves market makers manipulating the crowd.
💸 If you really want to maximize your profits this cycle - understanding the market is key.
🎈 You need to know how to buy low, sell high, and avoid market manipulation.
💊 Next, let's learn how to spot this on charts!
❶ Start with trends:
There are two types of trends: bullish and bearish.
➜ Bullish - higher highs (HH) and higher lows (HL)
➜ Bearish - lower highs (LH) and lower lows (LL)
❷ Support and Resistance:
These levels work on all coins and in all markets.
Your task is to learn how to use them correctly.
Support and resistance levels can be identified by 2 touches, but after 4-5 touches, the level usually breaks.
❸ Fixed Range Volume Profile (FRVP):
This indicator displays the peak trading volume within a specific zone, serving as a good support or resistance level
**Risk management part ⚠️**
Trading isn't about luck. It's about consistency and discipline.
No one can win every single trade, as there are no prophets in this world.
If someone claims otherwise, it's definitely a scam.
Even pros fail sometimes.
To make money, you always need to take some risk.
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