$ADA TRADED IN A CLOSED RANGE Between $0.5817 and $0.6273 fo | Bright_crypto no Binance Square

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$ADA TRADED IN A CLOSED RANGE Between $0.5817 and $0.6273 for a while , following which the market lost momentum,  resulting in a price breakdown.  The #cardano  coin recorded a loss of 26.5% in valuation within the next few days #Write2Earn #TradeNTell #ada

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as I promised evening learning what to consider before going for short trade master this strategy very well Here's a step-by-step strategy to consider before entering a short trade: 1. _Research and analysis_: - Study the asset's fundamentals, technicals, and market sentiment. - Identify trends, support/resistance levels, and potential breakdown points. 2. _Set clear goals and risk management_: - Define your profit target and stop-loss levels. - Determine your risk-reward ratio and position sizing. 3. _Choose the right asset_: - Select an asset with a strong downtrend, good liquidity, and a clear direction. - Consider factors like economic indicators, news, and industry trends. 4. _Timing is everything_: - Wait for a bounce or consolidation before entering a short trade. - Look for a weak reversal pattern or a break of support to confirm the downtrend. 5. _Entry strategy_: - Use a limit order or a stop-loss order to enter the trade. - Consider scaling in (shorting in increments) to manage risk. 6. _Trade management_: - Set trailing stop-losses to lock in profits and limit losses. - Consider taking partial profits or closing the trade if the asset reaches your target. 7. _Monitor and adjust_: - Continuously monitor market conditions and adjust your strategy as needed. - Be prepared to close the trade if the trend reverses or your stop-loss is hit. Additionally, consider the following best practices: - Stay informed but avoid emotional decisions based on news or market volatility. - Stay disciplined and patient, waiting for the right entry and exit points. - Diversify your trades to manage risk and increase potential returns. - Continuously learn and refine your strategy to improve your trading skills. Some key differences between short and long trades: - When shorting, you're betting on a price decline, so your profit target and stop-loss levels will be opposite to a long trade. - Shorting often involves borrowing assets, so be aware of borrowing costs and fees. - Short trades can be riskier

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WEEKLY TRADE REPORT: ✅$BTC Long 5R (10%) ✅$FLOKI Long 18R (36%) ❌$OP Short -1R (-3%) ✅$AVAX Long 4.5R (9%) ✅$PEPE Short 2R (4%) ✅$PONKE 1.5R (6.5%) ✅$PEPE Short 0R BE ✅$JUP short 1R (2%) ✅#PEPE Long 4R (7%) ✅$JASMY Short 2R (6%) ❌$BTC Short -2R (-2%) 80,5% (38R) in spot profit for the week 🏆 5% (2R) in loss for the week❌ Overall pretty good week and remember to always manage your risk❤️

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HEY gm gm gm let's back to office as we said let educate ourself about what to consider before we long trade Here's a step-by-step strategy to consider before entering a long trade: 1. *Research and analysis*: - Study the asset's fundamentals, technicals, and market sentiment. - Identify trends, support/resistance levels, and potential breakout points. 2. *Set clear goals and risk management*: - Define your profit target and stop-loss levels. - Determine your risk-reward ratio and position sizing. 3. *Choose the right asset*: - Select an asset with a strong trend, good liquidity, and a clear direction. - Consider factors like economic indicators, news, and industry trends. 4. *Timing is everything*: - Wait for a pullback or consolidation before entering a long trade. - Look for a strong bounce or reversal pattern to confirm the uptrend. 5. *Entry strategy*: - Use a limit order or a stop-loss order to enter the trade. - Consider scaling in (buying in increments) to manage risk. 6. *Trade management*: - Set trailing stop-losses to lock in profits and limit losses. - Consider taking partial profits or closing the trade if the asset reaches your target. 7. *Monitor and adjust*: - Continuously monitor market conditions and adjust your strategy as needed. - Be prepared to close the trade if the trend reverses or your stop-loss is hit. Additionally, consider the following best practices: - Stay informed but avoid emotional decisions based on news or market volatility. - Stay disciplined and patient, waiting for the right entry and exit points. - Diversify your trades to manage risk and increase potential returns. - Continuously learn and refine your strategy to improve your trading skills. Remember, no strategy guarantees success, and trading carries risks. Always prioritize risk management and stay focused on your long-term goals.

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$BTC #BTC SHORT TRADE ENTRY: 60130 TARGETS: 58800 - 55700 - 48800 STOPLOSS: 61350

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guys I can't post video tutorial here but I post it on my YouTube as I promised you guys I will be educate you all about crypto tips and its already starting from today by tomorrow I will give you guys tips to follow before going for short or long trades don't miss it out if you're not follow me follow up guys I post signal and crypto educative content on all our social media thanks STAY SAFU

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