BTC Short updates! If 60600 broken we will meet around at 59500, Signs to notice:
👉 Strong Weekly candle
👉 Rejection from major support
👉 Triple top formation

trade Wisely 🕊️

#BitcoinMilestone #bitcoinupdate2024 #trbupdates #frontbtc

#MyFirstFeedPost #FRONTUSDT: #frontbtc
Anyone Know what the next move of Front UsDt
Maybe Front Big whale Wants To liquidate Small traders

#BTC Bitcoin down because 1 hour chart is not level tu support 64,500
when the chart ok
Bitcoin good moment $BTC #frontbtc just moving making candle chart This is down position
NoTed: Not A professional advice

$FRONT

🚀Mastering Support and Resistance Levels: A Trader's Guide

1. Understanding Support and Resistance:
Support: A price level where buying pressure tends to prevent further decline. It acts as a floor for prices.
Resistance: A price level where selling pressure prevents further upward movement. It acts as a ceiling for prices.

2. Identifying Key Levels:
Sport Level Resistance: Look for areas where price has historically struggled to break above. These levels can act as strong resistance.
Entry Strategy: Wait for price to approach a support level (buy) or resistance level (sell).

3. Applying the Strategy:
Support Entry: If price approaches a well-defined support level (e.g., a previous low), consider buying.
Resistance Exit: When price nears a resistance level (e.g., a recent high), consider taking profits or closing a short position.

4. Risk Management:
Set stop-loss orders just below support levels (for buys) or above resistance levels (for sells).
Use proper position sizing to manage risk.

Remember, support and resistance levels are dynamic and can shift. Combine this knowledge with other technical and fundamental analysis for a well-rounded trading approach. Happy trading! 📈💡

Feel free to ask if you need further details or have any other requests! 😊

#IntroToCopytrading #LayerZero #BinanceTournament #CPIAlert #frontbtc