Yesterday, I shared a Celestia coin trading idea at a strong support zone, the golden pocket, and the lower border of the downward price channel. The price bounced from that level, and it is now up almost 47%. If you used 2x leverage, you could have achieved a profit of 94% with very high potential returns, with very low risk. Notably, even though the market bled heavily, Celestia coin still managed to bounce 47%.#TIA🔥🔥🔥#tiausdt#celestia#write2earn🌐💹 #TradeNTell"
Confirmation of Bearish Trend: As discussed earlier, BTC has broken the triangle pattern and is now trading below the 200-day Simple Moving Average (SMA). This, along with the price falling below $62,243 and closing a daily candle beneath that level, confirms a shift from the previous bullish trend to a current bearish one. $BTC #bitcoinhalving#BullorBear #TradeNTell" #write2earn🌐💹#BTCHalvingApril2024
Long Trade Strategy for Celestia Coin (TIA/USDT) (Not Financial Advice)
Celestia coin's recent price action within parallel channels hints at a potential long trade opportunity. This strategy uses technical analysis, focusing on a breakout from the downtrend channel's golden pocket (support area).
To manage risk, we recommend a laddering approach. Start with a small position (1% of capital) and gradually add to it if the price dips further. This averages the entry price and minimizes potential losses.
While leverage can boost gains, we suggest a conservative approach (e.g., 2x) to magnify profits without risking too much capital.
My Simple Trading Rules Here lies my trading strategy, a steadfast companion in the tempestuous realm of Binance Futures, ensuring a path to zero losses. 1 Leverage at 2x for balance. 2 Risk only 1% of capital per trade. 3 Stick to blue-chip coins for stability. 4 Analyze daily chart patterns for clarity. These rules are my compass, guiding me through the ups and downs of the market with confidence and resilience.
Experience the anticipation and excitement surrounding the 2024 Bitcoin halving event. As Bitcoin's scarcity increases, so does its value. Dive into the emotional rollercoaster of uncertainty and hope as miners adapt to reduced rewards. For investors, it's a validation of faith in the digital gold. Amidst market speculation, the halving reaffirms Bitcoin's core principles of decentralization and financial sovereignty. Embrace the journey towards a brighter, decentralized future. Join the revolution and be part of history in the making. #bitcoinhalving#BTCHalvingApril2024#write2earn#write2earn🌐💹 #TradeNTell" $BTC
The BTC price is consolidating within this triangle pattern, and it has also broken through a parallel channel, with retesting completed. We can anticipate good trading opportunities once the triangle pattern breaks, and the price establishes itself outside the triangle. It's advisable to avoid high leverage trading, as market manipulations could occur, especially with the BTC halving event approaching. Stay calm and trade wisely. Thanks. #bitcoinhalving #BTCHalvingApril2024 #BTCUSDTUPDATE #BullishOutlook📈 #BTC、 $BTC #write2earn🌐💹 #TradeNTell" #Write2Earns