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Everyone is saying that a bull run is coming and all, but the real question is: How many days does the market typically stay stagnant or move within a range before a bull run? Most traders leave crypto at this stage because the market makes them believe that crypto will not take any direction #BlackRock #BinanceLaunchpool #altcoins #ETHETFsApproved

Everyone is saying that a bull run is coming and all, but the real question is: How many days does the market typically stay stagnant or move within a range before a bull run?

Most traders leave crypto at this stage because the market makes them believe that crypto will not take any direction

#BlackRock #BinanceLaunchpool #altcoins #ETHETFsApproved

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Think of investing in the crypto market like planting a tree! If you're holding coins for this bull run, now is the best time! But if you're only in it for the next short-term move, you're missing out on the real benefits of crypto. Here are my top projects to hold for this bull run: Arbitrum (ARB) – A game-changer for scaling Ethereum, promising speed and lower costs. Near (NEAR) – Innovating with its unique sharding technology, making blockchain more scalable and efficient. Solana (SOL) – Known for its lightning-fast transactions and low fees, Solana is a powerhouse in the crypto world. Livepeer (LPT) – Revolutionizing video streaming with decentralized infrastructure. Theta (THETA) – A leader in decentralized video delivery, harnessing the power of blockchain for streaming. Uniswap (UNI) – The pioneer of decentralized trading platforms, making crypto trading more accessible and efficient. Jupiter (JUP) – Focused on enhancing blockchain technology and providing secure solutions for everyday use. The bull run is upon us, and these projects are primed to thrive #Binance200M #altcoins #ETHETFsApproved #BlackRock
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Why don't your support and resistance trades often go as planned? It's because market makers are one step ahead. They know retail traders place orders exactly at these levels, and they play the game to their advantage Always place your orders slightly below or above the support and resistance levels. This small adjustment can make a big difference. And here's a crucial insight: 1. Small candles approaching support? High probability it won't break. 2. Large momentum candles approaching support? High chance it will break. Keep an eye on candle behavior and place your orders strategically, just before or after these critical levels. #BlackRock #BTC #TopCoinsJune2024 #Binance55thProject(IO)
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Curious how IO.NET will perform upon launch? Don't worry if you don't read lengthy whitepapers. Keep an eye on neighboring coins performance like Filecoin and Render Network to gauge io.net potential. Timing is key: Positive market sentiment alongside strong performances by BTC and ETH could signal a promising debut for io.net. #Binance55thProject(IO) #BnbAth #BlackRock #StartInvestingInCrypto
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Don't blindly follow pre-drawn support and resistance indicators. If support and resistance levels are an open book, why isn't everyone making profits? I turned my trading around when I started drawing my own support and resistance levels. Here's my approach: 1. Draw Your Own Levels: Instead of relying on standard indicators, I draw support and resistance on the 4-hour or 1-day timeframe. 2. Regular Updates: I don’t rely on these levels for too long. Every 10 days, I redraw my support and resistance to reflect the latest market conditions. By doing this, I guarantee you'll start trading better. You might wonder, if I change coins every day, isn't that too much work? Here's the insider tip: the most successful traders don't overextend themselves. They zero in on a handful of coins—six at most—and trade those consistently. This is where small traders go wrong—they trade in dozens of coins and end up losing. Simplify your strategy, focus on a few coins, and you'll see a significant improvement in your trading success. #MicroStrategy #BlackRock #BinanceLaunchpool #StartInvestingInCrypto
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Always Book Profits at the Right Time! One common mistake is to sit idly, waiting for prices to rise further, only to miss out on gains. To avoid this, I follow a simple yet effective strategy: watch the whales. When I see the big players taking profits from a coin, I know it's time to act. 1. Check Liquidation Levels on CoinGlass: Using CoinGlass, I observe the liquidation levels to see where the money is concentrated. 2. Sell Near Liquidation Levels: When whales start to grab profits, I sell near these liquidation points. Often, the price touches this level and then pulls back. Sometimes, it may go a bit higher, but it generally declines within hours. By following this strategy, I've consistently managed to take profits at opportune moments, ensuring that I don't miss out on gains while others are caught up in the hype. Remember, in trading, timing is everything, and knowing when to sell is just as important as knowing when to buy. #StartInvestingInCrypto #MicroStrategy #BlackRock #BinanceLaunchpool
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