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#BTTC and #TRX Analysis will be posted tomorrow in the form of USDT pairs.
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#BTC is Approaching towards 21 WEMA ,Which is important Resistance Zone. A Rejection is Probable !
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📢 WHAT IS STOP LOSS ??? A stop-loss is a risk management strategy used in trading and investing. It's an order placed with a broker to sell a security (such as a stock or cryptocurrency) when it falls to a certain price, known as the stop price. This limits potential losses if the price moves unfavorably. Here's how it works: 1. You buy a security at a certain price (e.g., PKR 100). 2. You set a stop-loss order at a lower price (e.g., PKR 90). 3. If the security's price falls to PKR 90, the stop-loss order is triggered, and the security is sold at the next available price. Stop-loss orders can be used to: - Limit potential losses - Protect profits - Automatically close positions when you're not monitoring the market Keep in mind that stop-loss orders don't guarantee a sale at the exact stop price, as market conditions can be volatile. However, they can help manage risk and minimize losses. Do you have any specific questions about stop-loss orders or would you like to know more about trading strategies?
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Little Corrections are part of Impulsive moves. #BTC Health is normal. Be a mature trader and Use Sls to secure your positions and profits. #BTC is very near to $100K than $12K.
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#USDT.D Outlook on 4H: USDT Dominance is facing strong resistance at 6%, similar to the situation when #BTC was at $40K and subsequently rose to $70K in late January 2024. Buy and Hodl 🙌 #BTC #Bitcoin
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