YOUR TRADING CAREER MAY BE SAVED TODAY BY THIS RULE OF THUMB!
This is the one rule of thumb if you're new to the bitcoin market. Let's talk about this.
Many traders fall victim to the fallacy that no one else will consider buying cheap and selling high on a daily basis. As a result, the majority would trade hourly or minutely. This is neither a horrible notion, nor is it incorrect. However, overtrading is one of the things that might go wrong with these kinds of setups. Trading more than 20 times a day is not typical for a novice trader, and those who do so without monitoring the day's high and low are likely to get caught in the trap. Consequently, to facilitate comprehension for novices. Using this guideline, we can relate to the practical method of daily highs and lows. Never forget that sometimes the market reverses by 11 AM EST. Since there is only a movement from the daily high and low, volatility is typically lower when the market is stable. Therefore, if the market reverses by 11 AM EST, it usually does so until 11 AM EST the next day; if not, there is no chance of a reversal for that day. To determine which zones would be ideal to enter, it is therefore best to look at the daily high and low.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
THE REAL REASON WHY AFTER YOU OPEN A TRADE YOU LOSE
If you’re looking for an answer on why most of your trades lose in the market, you’re in the right place.
To better understand how you’re losing, I will give you a sample scenario.
Sample Scenario: 560M (total crypto traders) x 20% (the possible number of traders who will trade 1 coin at the same time in a certain time)
= 112M (possible number of traders who will trade 1 coin at the same time in a certain time from the total number of crypto traders in the world) 112M X $10 = $1.12B total capital traded with the same coin at the same time. This $1.12B has 80% or more of it getting liquidated and only 20% or less takes the liquidity and win. That’s a total of $896M lost by most traders and $224M gained by some traders.
Now, imagine, how many traders would put more than $10, $100, $1, 000, $10, 000 or more. How much capital would be traded and what are the possibilities that these traded amounts would be part of the 20% winners? As you ponder about these thoughts, you will gain more insights and possible key actions to take in order to lessen the probability of being part of the 80% who would most likely get liquidated.
#1000RATS STRICTLY FOLLOWS THIS PATTERN WHERE MANY TRADERS HAVE NEVER NOTICED!
Currently, RATS is moving in a ranging market structure from 0.06927-0.18246. This has made several attempts to test the resistance seem like it'd break. Although, what we're currently looking at would be the realistic perspective of what could potentially happen next. Knowing the fact that the resistance is just around the corner and taking the double peaks of RATS since 2023. We can safely assume that it will be having a hard time in breaking this resistance. Albeit, most would argue the fact that it has stayed on top of the previously broken major resistance last 2023. We can tell that the buyers and sellers are agreeing to one thing and that's the fact that the price should take another correction before continuing its markup phase. Although, this is not the final scenario that we have in mind. This scenario would likely play out causing both late longs and late shorts to be shaken out from the market.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
MAJOR SUPPORT OF #LDO CURRENTLY HOLDING AND WE'RE ANTICIPATING ANOTHER MARKET SHIFT FROM HERE!
This is an update of our LDO setup with the 42.67% increase!
LDO has been moving in its lows and we have yet to see any major move from this altcoin. These accumulations happening from these key levels will most likely have impulsive movements and causing the major resistance to be retraced once again.
Last month, it has retest to in between the major support and major resistance at 1.30. This retest will provide a path towards the testing the weakness of the major resistance holding its price from going higher. We are now waiting for the long opportunities for the possible rebound. As the price continues to move on top of the 1 dollar price, there will be a high chance that it will stay on top of this price and attempt to attain higher prices in its long-term prospects.
Taking a look at this price action, many buyers have already attempted this altcoin's retest and as well as resistance. The extreme buying orders from the support key levels made this took off from the initial pattern that we've highlighted. Therefore, the monthly lows of LDO caused the price to be held without breaking down further.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
#DENT'S RETEST OF RESISTANCE WILL LEAD TO THIS POSSIBLE PRICE ACTION!
DENT's potential market price action still shows a definitive bullish movement. The ongoing market situation also shows that buyers are creating strong pressures after pressures of DENT's potential markup. Following its rebound from the support, we can see high interest as well from the sellers at the resistance levels. Without thinking about the possible breakdown that may happen below the current support level. We can safely assume that the price will continue moving on top of the resistance its facing right now. Albeit, a change in this price action may still happen especially when BTC will get a rejection. Nonetheless, we will continue to see any price action as an opportunity that we can grab for both short-term and long-term.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
ENTERED AT #SEI'S BUYER'S COMMON INTEREST OF HOLDING A SPECIFIC KEY LEVEL: 56.37% TOTAL PROFIT!
We have highlighted specific key levels for every altcoin that we have analyzed to enter with long positions in order to test the buying pressure that will pop up after meeting extreme demands. After entering at 0.3032, with an RRR of 2.25, we were able to generate a total of 56.37% increase from the rebound of SEI alone. Now, we're awaiting for any potential correction to further confirm the next price action of SEI in the following months.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
$PHB 'S INTENSIFIED DEMANDS CAUSED ITS PRICE TO INCREASE AT 80.47%!
We have noticed the tendency of PHB on staying at its support key level where its resting above the previous major resistances it had the previous years. This could potentially lead to a major breakout that almost everyone who's holding PHB is waiting for. Now, we're being patient as to any possible corrections or any demands to be met at specific key levels before concluding immediately the next price action of PHB. In this way, we can play it safe and also take some profits with the swing trades we're doing.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
AFTER MOVING ON A RANGING PATTERN $FIO TOOK AN 83.08% PRICE SURGE!
The price range from 0.02424-0.02797 has been the consolidation phase where many buyers have accumulated FIO's strength before taking off. Longer timeframe's retest at 0.05028 major resistance has been tested once again and a possible movement above this key level is likely to happen. Although, we're looking for a possibility for this altcoin to continue correcting before doing another markup. Taking into account the accumulation that has happened below these key levels. We will have more opportunities to open positions for this altcoin in the future.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
ALONG WITH $FIO 'S GREAT PROJECT AND DEVELOPMENTS WE HAVE ANALYZED ITS POTENTIAL SELLOFF KEY LEVELS!
Every time a markup happens in the crypto market. We immediately take a look at the potential areas where selloffs will likely occur. In this way, we prevent ourselves in taking trades that's unnecessary. For FIO, with its surge, many have already taken profit. Those who have held a lot FIO altcoins, they will continue to hold until the markup phase will be fully realized. These selloff key levels are based on what trading on Futures would look like for most sellers and what trading on Spot would look like for 'partial' sellers. That's the difference when you hold on Spot and trade on Futures, you decide when to sell partially or fully and vice versa. Today, we continue to look at the possible continuation of FIO's rally. The key levels 0.05089, 0.05878 & 0.08229 are already major levels where most would sell their trades. All of the other selloff areas we've highlighted will most likely be hit on its long-term prospects.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
HOW MONTHLY HIGHS AND LOWS CAN PREDICT PRICE ACTIONS! (BEST SECRET STRATEGY IN THE CRYPTO MARKET!)
$ALT HAS REACHED ITS PREVIOUS MONTH HIGH AND WE'RE NOW LOOKING FORWARD TO THIS NEXT PRICE ACTION!
If you've been checking and reading our posts, you may have seen our ALT analysis before it retraced back to its previous month's high. Now, as this rebound that happened close to its monthly low is going strong. We expect this altcoin to stay on top of the monthly average. This is due to the fact that this altcoin has been oversold but not to the point of being extremely oversold. The process we will take would be to continue observing it if it would be confirmed as a higher high to higher low pattern on top of its minor resistance or it would find another low causing it to be under extreme oversold status.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
#MEW RANGING MARKET STRUCTURE EARNS A 55.36% INCREASE FROM ITS REBOUND!
After revisiting its support levels, MEW continues to retrace back to its resistance where its constantly getting blocked at its attempt for higher prices. Despite this, we are still seeing a bullish outlook from most of the traders that are highly driven by this project. Once the resistance keeps on getting tested we will see signs of its weakness and this is also true with the support. Thus, its currently uncertain as to where MEW is currently headed at in the long run. Best way to stay profitable with this altcoin is to observe it first. Rather than entering it when its totally indecisive.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
THIS CRYPTO MARKET PATTERN WILL MAKE YOU REAP MORE THAN 20X YOUR CURRENT REWARDS!
For today's article we will use #UXLINK as an example for the pattern that we commonly see but many tend to disregard. The common pattern starts off with the shared interest of both buyers and sellers. Which is the intention of making the price attain a higher standing in the crypto space. Thus, the best way to recognize this pattern would be to check where the current market price is. UXLINK's price was at 0.3873 on an average last week. This average was considered to be the least possible price by both buyers and sellers. With the shared interest of taking the price to the next highest possible price it will have, both buyers and sellers agreed to bring the prices higher. Now, take a look at the formation of last week's average price for UXLINK. It has shown a morning star pattern for both daily and weekly timeframes. Indicating that a possible strong price surge would happen and then, it really happened. There are instances when the morning star doesn't play out immediately. Although, it would be best to look out for the signs in the higher timeframes since morning stars are the best indicators for a potential decline reversal towards markup or even a surge.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
$FIDA 'S STRONG SURGE @ 101.03% & 36.86% FOR THIS MONTH! WHAT'S NEXT?
After FIDA's strong surge, we were able to witness it at its attempt to continue creating more higher highs and higher lows for its potential markup structure in the long run. If you take a closer look at its longer timeframe. The tendency for the accumulation of its strength to continue piling up is high and its almost as if its going at its peak. Although, we will continue to observe this altcoin whether it would continue having this same momentum even when BTC gets rejected at its current resistance.
$VIDT TAKES ANOTHER REJECTION FROM ITS MAJOR RESISTANCE! WHAT'S NEXT?
We've done a couple of testing for VIDT's possible correction and it was quite successful at 0.04948. Now, the total profit from this short trade is 18.82% with a running time of 11 days from the day we took the trade. Taking into consideration the recent surge of VIDT with 261.28%. We can safely assume that more corrections will happen and as well as possible short-term declines. This is to control the liquidities that will flow in its market structure. Although, in its long-term many are still bullish for it since this is an altcoin that has a great project backing it up. Now, we will continue to observe the possible price action it will take after taking this recent correction.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
ALL WE CAN PERCEIVE ON THIS ALTCOIN IS ITS OPTIMISTIC LONG-TERM PROSPECT!
RECAP: $GALA BOUNCES 64.66% FROM ITS YEARLY LOW: BEST YEAR FOR GALA?
GALA has experienced strong declines from the recent years that most selloffs were done at its peak. With the crypto market undergoing normal and healthy market cycles, we can see that the accumulation that happened within the current levels of GALA will continue to strengthen its upcoming bullish move. After every accumulation, the process of markup will be present and most would test the price first before entering the rally. Including the strong altcoin season that might start for GALA. We can see a potential new yearly high for these upcoming years.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
WE SEE THIS ALTCOIN WITH A POTENTIAL TO CONTINUE$ SURGING!
$ARKM WITH A 64.48% INTENSE SURGE!
We have carefully analyzed most altcoins and their current standing in the crypto space. For ARKM we were able to realize the current markup it's going through. Now, as ARKM faces a strong resistance level. We can see potential selloffs happening from here and onwards the higher prices it may retest. Although, with the current strength that it possess. It'd not be foreign to us that this altcoin will continue to break more resistances from this point.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
#BADGER CREATES A BULLISH DIVERGENCE AT ITS CURRENT MARKET PRICE!
Another one of BADGER's rebound has happened at 2.428 where we also took another trade from our initial trade at 2.616. These 2 trades made us take a total profit of 30.02% within 15 days and 20 hours of doing a swing trade. There are certain checklist we've verified to further boost our confidence in taking this trade. It involves the number of attempts of BADGER to break the current support it has, how closely it was trading at its yearly lows and more. Although we're not disclaiming the fact that the breakdown may happen but the fact that there are still extreme demands that will be met below these key levels will surely keep the price from continuing the bullishness it has after slight corrections.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
AFTER GETTING LISTED ON BINANCE #NEIRO WENT ON A SURGE
Today, NEIRO has pumped another 58.17% from since it has been listed on Binance. Many are looking extremely bullish at this particular coin with the fact that its community-driven. The fact that it has maintained a strong momentum meanwhile BTC is halting. It could potentially lead to another high that it will reach before correcting itself in the short-term. The best way to look at this altcoin would be through its whitepaper rather than the chart itself. Since this is a highly-valued altcoin, we will continue to observe how far it can go before ultimately correcting itself and potentially declining in its short-term progress.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
OUR LONG-TERM VIEWPOINT OF THIS ALTCOIN & HOW IT CAN BRING MORE PROFITABILITY IN ITS MARKET STRUCTURE!
$APT TESTED ITS MONTHLY RESISTANCE NICELY: TOOK A TOTAL OF 37.27% PROFIT!
Aptos partners with Ignition AI Accelerator to boost APAC AI startups. After the foundation announced its partnership with Ignition AI Accelerator the market seemingly shifted. Technical analysis wise, we have already took into account the inability of APT to break and trade below its yearly lows. Therefore as it has maintained a strong buying momentum, we already took most of the profits from 8.36 as it shows high waves of sell orders awaiting there. Although, with the ongoing cycle of APT taking minor corrections on its long-term aspects. We can safely assume that the price for APT may continue soaring above the key level where we took our profits with. Nonetheless, it's still wise that we have already went out rather than waiting for the soar to come.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
THERE ARE PLENTY OF SIGNS WHEN AN ALTCOIN SEEMS TO BE BREAKING OUT! (GREAT READ)
Are you one of the traders who only enter a trade when the crypto market is highly surging?
That's fine, it's pretty normal since most traders would do the same since its the trend that the market provides.
Although, do you know that there is a better way for you to do the trades rather than entering it when its surging?
Let GP explain it to you directly.
The altcoin that is our main topic for today is APE. This altcoin has skyrocketed from 0.482 to 0.877 in just 35 days. This is almost 100% of its lowest value and we also think that APE could maintain prices from its bottom until it reclaims its major support from 2023. Although, right now, as this altcoin is accumulating its strength. We have expected the price to be rejected at 0.818-0.987 and an even strong rejection at 1.205. Having this in mind, we will continue to observe APE's possible breakout of these resistance levels. Since we highly believe that these rejection areas will become the catalyst for buyers to continue looking for discounted prices of APE.
Now, how can traders avoid being trapped near the rejection areas especially on a surging altcoin? It's simple, be patient. You don't have to be an expert trader to be patient. Just take a look at the chart, take a deep breath and say, congratulations to the ones who entered at the bottom. Now, I'll wait for an opportunity in case it corrects and at that correction level I'll take trades with 0.5% from my total capital. That's how traders become great at trading in the crypto market. They don't blindly follow a surging market. Instead, they play it safe with more precautions set in mind and be composed.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.