I am thrilled to share my journey with you! It has been an honor to witness and be a part of the tremendous development in the cryptocurrency market. My eight years of experience in the crypto space has given me valuable insights and expertise that I am delighted to share with others.
In early 2015, I got to know about bitcoin when the value of bitcoin (BTC) fluctuated between approximately $200 to $500 USD. The price of bitcoin started the year a
A-Z Guide to Navigate the crypto/NFT Space as a Pro
Are you feeling overwhelmed by the amount of Crypto and NFT terminology being thrown around in the crypto space? Fear not! Here's a comprehensive A-Z guide to help you navigate the world of NFTs like a pro.
A is for "Probably nothing". This term is used ironically to suggest that something is actually important. For example, "That new NFT collection just hit No.1 in trading volume on OpenSea. Probably nothing."
P is for "Pumping". This term refers to the rapid increase in price or value of a t
Following a notable price surge, #Bitcoin has retraced back to a key support level and is showing resilience in this area—a promising sign for potential stability. We might see some consolidation around this support zone before the next significant move. Brace for heightened volatility in the days ahead. #BTC☀ #crypto #TechnicalAnalysis
As #Bitcoin broke above the local resistance level, it encountered strong selling pressure, as indicated by a wick signaling price rejection. We might see another retest of this resistance zone, so let's keep an eye on how the price reaction #BTC #Binance #TradingTips"
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#Bitcoin Analysis today #BTC has broken below the support zone and is currently trading beneath it. Should the price fail to recover this support, we might see the downtrend extend towards the next support range at $56,000-$57,000. Ensure tight stop losses on all open trades. Resistance Zone: $60,000-$60,500. $BTC
#bitcoin☀️ is currently consolidating above its support level, indicating potential sideways movement. Let's keep an eye on the price action over the next 2-3 days $BTC
Mastering these FOUR TRADE SECRETS and key elements as a crypto trader can significantly elevate your performance and set you apart;
1. Knowing When to Stay Out: Recognizing when market conditions are uncertain or unfavorable is crucial. It's about understanding when to refrain from entering trades altogether to avoid unnecessary risks or potential losses. This skill involves analyzing various factors such as market sentiment, macroeconomic trends, and technical indicators to gauge whether it's prudent to stay on the sidelines.
2. Identifying the Right Entry Points: Timing is everything in trading. Being able to pinpoint optimal entry points allows you to capitalize on lucrative opportunities while minimizing downside risks. This involves conducting thorough research, utilizing technical analysis tools, and staying updated on market news to identify promising entry points aligned with your trading strategy.
3. Knowing When to Hold Tight: Patience is a virtue in trading, and knowing when to hold onto your positions can be just as crucial as knowing when to enter or exit. This skill entails having conviction in your investment thesis, understanding the long-term potential of your assets, and resisting the urge to panic sell during short-term price fluctuations. It's about maintaining composure and staying focused on your overarching investment goals amidst market volatility.
4. Recognizing the Right Time to Exit: Whether it's taking profits at predetermined targets or cutting losses to mitigate downside risks, knowing when to exit a position is essential for preserving capital and maximizing returns. This requires setting clear exit strategies based on predefined criteria, such as price targets, technical indicators, or fundamental changes in the asset's outlook, and adhering to them rigorously.
By mastering these four aspects of trading , you can develop a disciplined and strategic approach that positions you for success in the dynamic and volatile world of cryptocurrency trading.
The price of $SOL is presently shaping a symmetrical triangle, poised for a potential breakout. The direction of this breakout will dictate the subsequent market movement. It is recommended to await the breakout before considering new positions. Support is sustained within the $85-$87 range, while the resistance levels post-breakout are identified at $114-$116. #Solana-SOL #TradeNTell
#Bitcoin has consistently faced rejection within the resistance zone, struggling to sustain a position above it. Currently, #BTC is trading laterally with a diminishing trading volume. A decisive breakout, either upward or downward, from this trading range is imminent. It is strongly advised to be prepared for a significant movement and to implement stop-loss measures in all trades.
Check This $LTC Set up #Litecoin ( #LTC ) appears to be trailing behind other major market cap coins. Despite witnessing positive rallies in other large-cap coins, LTC is yet to experience its upward momentum. The potential for a significant move exists once #LTC surpasses the $75 level. If you're interested, cautiously building a small position here with a tight stop loss set below the $65 level could be a strategic approach. #CryptoTradingTip
#bitcoin Analysis Bitcoin is moving horizontally, with #altcoins. displaying positive momentum. Capital is entering #ETH and other altcoins presently. Should #BTC maintain stability for a week at this level, there's potential for a substantial market rally.
#Bitcoin-BTC Analysis #BTC followed the expected pattern and dropped to the first support area, where there's enough support. The market might move sideways for the next 2-3 days. If it goes below the first support at $34,700-$35,000, we expect it to head to the second support at $33,300-$33,600.
It's unlikely the #SEC will approve a spot #etf this month, which could cause a market crash. Resistance levels stay the same at $36,000-$37,000.
As bullish momentum and volatility return, I'm keeping a close eye on these 15 altcoin setups this week:
#BTC Bitcoin has seen four consecutive green weekly closes, closely monitoring for sustained bullish momentum or a potential cool-off. A BTC slowdown could provide breathing room for alts.
$RUNE: On a strong uptrend, considering buying on deep corrections. $THOR, the primary DEX on Thorchain, tends to follow and has potential.
$SOL : After a significant rally, watching for potential upside despite some momentum waning. Will consider buying on significant downside wicks.
$MATIC : Showing strength with whispers of a ZK narrative. Considering it as a leader with potential positive flows following re-branding news.
$DUSK $LRC $MINA: On the watchlist if the ZK narrative gains traction, part of the ZK basket. Monitoring for strength within the narrative.
$SEI : Catching a bid on Upbit, considered a "new coin" with pumpamentals.
$TIA : New in the market, reminiscent of Aptos in its early days. Looking for continuation and potential explosive moves.
$GMX $DYDX X $GNS: Perp dexes benefit from volatility, potential medium-term bets if volatility continues.
$YGG + $GMT : Gaming tokens, cooling off after an initial move. Expecting continued outperformance, especially with the YGG conference on the horizon. 1GTA 6 Trailer: Anticipating a trailer release in December, which could impact gaming tokens positively.
Market Note: In a bullish trend, leaning towards long positions unless a concrete reversal occurs. Shorting remains risky in the current market conditions. 📈✨
#Bitcoin Analysis #BTC initially broke the upside of the symmetric triangle but couldn't sustain the upward trendline. A retest of the support zone is anticipated before the next move. The first support area to watch is $34,700-$35,000.
#BTC update #BTC🔥🔥 experienced a rebound after briefly dipping below the support area, which could have been part of a stop-loss hunting strategy. We anticipate one final upward move, potentially reaching the range of $36,000 to $37,000. It's crucial to maintain a tight stop loss on all open long positions and be mindful of taking profits.
Support Levels: 1. First Support Area: $34,700 to $35,000 2. Second Support Area: $33,300 to $33,600
Resistance Range: - Resistance area: $36,000 to $37,000
Being vigilant in managing your positions within these price levels is advisable. $BTC