#Magic +25% bounce from that area i mentioned as important | CRYPTO MECHANIC no Binance Square

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CRYPTO MECHANIC

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#Magic +25% bounce from that area i mentioned as important zone
Taking some off as its approaching one of the rejection area.
#cryptotrading #ai #dyor

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How you're positioning yourself for this week.?

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$BTC (Weekly) Not really a good looking weekly chart, Rejected from $59k-60k zone and then a lowest closing candle. Cpi data will be released this week and then the next week FED interest rate decision is due. The rumors are that there will be a potential rate cut between 25 Bps or 50 bps. if i just follow up my strategy and the chart. As long as i don't see some strength i will remain cautious being a bull on Bitcoin. Either i'll buy at some lower prices or in a better market condition.

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I gave you multiple reasons why you should not buy $DOGS right after the launch and when the price spiked up to $0.0015. That's all i can do, share something based on my experience.

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If you're starting trading it's very possible that you're going to lose money for a long period . you're looking for a career that pays a lot of money, everyone who is trading wants to make a lot of money. But remember that you're competing against very smart people and it's Essentially a zero sum game. You're trying to take money from these smart people who are trying to take money from you and when you start trading you are going to lose and they're going to win. That's because you didn't prepare for it, you don't have any mentor, you didn't read any book, you didn't watch any educational video you just signed up deposited money and started trading. You think this is the right way to win from smart people? I don't think so. if you learn before you start, you have discipline , you're careful and you learn how to be objective and you try not to be greedy. You can beat these smart people trying to take money from you.

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I got into trading 8 years ago. How about you?

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