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ENSIGN TRADING
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The #Cardano, #ShibaInu and #Jasmy networks are experiencing surges, each seemingly driven by a surge in whale interest. The number of $100K+ transactions on each of these networks more than doubled this week compared to normal 2024 averages, indicating the accumulation of funds.

The #Cardano, #ShibaInu and #Jasmy networks are experiencing surges, each seemingly driven by a surge in whale interest. The number of $100K+ transactions on each of these networks more than doubled this week compared to normal 2024 averages, indicating the accumulation of funds.

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#BTC.D UPDATE : #BTC.D still hovering below the resistance area forming a Head and Shoulder formation. Well, Index kept on trying to break the resistance, which is not a good sign as alts will dump. Eyes on breakout now, as this might be triple top too, and indicating a correction hint.
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#BTC did attempted to breakout and again closed before turning it into a fakeout now. We have a support at $70,500 which price rejected it and looks like again going for a retest now. A new Higher High is expected very soon, by the end as structure is bullish. #BTC☀
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The price of #RSR #️⃣ after compression and correction started to rise in the 1nd wave and grew by more than 50% in wave 2. The price will continue to correct in the area of ​​$0.0092 to $0.007800, and after that, it will start wave 3. If the specified area is violated and the price falls further, the support level will be $0.00536 - $0.0048 , although the price is unlikely to reach this level again. #rsr
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Long ⚡️⚡️ #PEOPLE/USDT ⚡️⚡️ Leverage: Cross (50х) Entry Targets: 0.12530 Take-Profit Targets: 1) 0.12718 2) 0.12843 3) 0.12969 4) 0.13157 5) 0.13282 6) 0.13470 7) 🚀🚀🚀 Stop Targets: 5-10% ⚡️⚡️ #COMBO/USDT ⚡️⚡️ Leverage: Cross (20х) Entry Targets: 0.9760 Take-Profit Targets: 1) 0.99064 2) 1.00040 3) 1.01016 4) 1.02480 5) 1.03456 6) 1.04920 7) 🚀🚀🚀 Stop Targets: 5-10%
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Trading With The Trend #Trading with the trend, also known as trend following, is a objective in trading plan, that involves taking positions in markets in the same direction as the dominant trend. The idea behind this, is that trends in the market tend to persist and that following the trend can lead to higher profits than attempting to predict market reversals. #Traders who follow this strategy typically use trend analysis #tools, such as moving averages or #trendlines, to identify the direction of the trend and to make decisions about when to enter and exit trades. This can involve taking long positions when the trend is #bullish and short positions when the trend is #bearish. It is #important for traders to have a well-defined #risk management plan in place to mitigate these risks and to have a solid understanding of the #markets in which they are trading. Additionally, traders should be aware that trends can change and be prepared to adjust their #positions accordingly.
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