#MBOX🔥🔥 #MBOXUSDT is displaying strong bullish potential, as it hovers above a crucial demand zone at $0.1529 we have been tracking #MBOX closely noting it's moment within a falling wedge pattern.
Should #MBOX maintain its strength around this resistance, we could be on the verge of a significant rally, Breakout above the critical resistance at $0.3367 could pave the way to even higher resistance zones.
However caution is paramount! if the momentum falters at this critical demand zone, we may witness a pullback towards the lower support area between $0.12562 to $ 0.1162 .
Stay Sharp and keep a close eye on #MBOX price action.
Remember,the market can turn Swiftly!patience, vigilance and strategic moves are essential to staying ahead in this Game.
Disclaimer:this is an technical analysis for educational purpose please consult your financial advisor before investing.
#Futures trading can be incredibly tempting, can't it? The allure of making a quick profit, the thrill of predicting market moves, and the seemingly endless strategies to explore—it's no wonder people get hooked. But hold on! let's take a closer look at the demerits of future trading, shall we?
**1. The Complexity of It All!**
First and foremost, future trading is complicated—really complicated. Unlike buying a stock, where you're just concerned about the price going up or down, future trading come with a plethora of factors:
**2. The Risk of Losing Everything?**
One of the most shocking realities of futures trading is the potential for complete loss.
**3. The Costs Can Eat You Alive!**
Trading future isn't free—far from it. Every time you buy or sell an future, you're paying a commission.
**4. Market Volatility—A Double-Edged Sword!**
Volatility can be a trader's best friend or worst enemy. It can create opportunities for profit but also massive potential for loss.
**6. Emotional Rollercoaster!**
Future trading can be a wild emotional ride. The highs of a successful trade can make you feel invincible, while the lows can crush your spirit.
**So, Is It Worth It?**
While futures trading can be a thrilling and potentially profitable endeavor, it's not for everyone.
Before you jump in, ask yourself: Are you really ready for the ups and downs?
Remember, there’s no shame in sticking to simpler investments. In the end, the best strategy is the one that aligns with your knowledge, risk tolerance, and emotional capacity.
Big 🐋🐋 whales always like this type of chaos in the market they start dumping the market to buy cheap before halving.
if u r in spot position please stick to you portfolio. Don't panic and don't sell. if you are in futures position with low leverage like 2x to 3x then hold your position and prepare urself mentally to see some more downfall this is temporary and market will rise again.
Whales 🐳🐳 are using there money to create fear among newbies and trader with small capital they are the main victim of this type of situation
if u want to trade in future never ever exceed your leverage more than 5x.
If market is highly volataile your leverage should be 2x to 3x . i know it seems very little. But trust me your chances of liquidation is very minimal.
Try this for at least 2 months and see the changes in your patience level , strategy making and overall Trading.
WANT TO EARN WEALTH, START ACCUMULATING "SLOWLY & GRADUALLY"
Save your money from liquidation or loss, there will be ample opportunities to trade in crypto if u save ur capital. without capital there is nothing's in the crypto.don't be a victim of Big whales, Price of Bitcoin is falling sharply.
wait for the price to get stable. Bitcoin 15min chart Support is 65080. if it breaks this level do not open long position.