Why Do Traders Fail in Spot Trading - Reasoning with solutions
1. Lack of a Clear Strategy: Reason: Many traders enter trades without a well-defined plan, chasing short-term price movements or blindly following trends. Solution: Develop a solid trading strategy that includes entry and exit points, stop-loss limits, and profit-taking levels. Stick to it. 2. Emotional Trading: Reason: Emotional decision-making often leads to panic selling during market dips or FOMO (Fear of Missing Out) buying during market spikes. Solution: Use logic over emotions. Set autom
always happened sell the news crypto always play with sentiment
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Bikovsko
🔥The Next Station for BTC is $120,000 and ETH shines under the spotlights.
$BTC $ETH
🚀 Just wanted to share an exciting update with you all - this Bitcoin breakout is setting us on a path straight to $120,000! According to my analysis on TradingView, BTC/USDT is showing some serious bullish signals.
🔍 Here's the lowdown:
- Symmetrical Triangle Pattern: We're seeing a classic continuation pattern here with Bitcoin. The breakout from this pattern is a strong sign that we're in for a ride upwards.
- Volume Increase: The surge in volume during this breakout is a green light for us traders. It shows there's real interest and momentum behind this move.
- Historical Trends: Bitcoin has a history of making big moves after similar patterns. This time could be no different, especially with the current market vibes.
- Projected Targets: If we look at the height of the triangle and add it to the breakout point, we're looking at potential price targets that could very well hit $120,000!
Remember, while I'm super excited, the crypto market can be wild. Always keep your risk in check and do your homework before jumping in.
$BTC wicked under 98k and got a fast bullish response from that move, which led to trendline breakout. Now at 4H bear order block left from previous lower high swing. If manage to break above 102762, that will be a final confirmation that most probably this year buy tail is formed and won't be revisited again. "Most probably" as there is never 100% guarantee.
More dips to the same trendline possible, as it correlates with horizontal support level. But #Bitcoin momentum is speeding up, so no consolidation is allowed to keep it up. Any slow down and choppiness can change the picture. But so far it looks very bullish imho.
Blum Token Binance Listing! Blum Miners are buzzing with excitement as the long-awaited Blum Token nears its big debut on Binance! 🔥 The token's price and listing date have already leaked, and it's shaping up to be a huge opportunity for investors. 💰 Blum isn't just another project—Binance has put their backing behind it, and we all know the impact that has on any venture. 💎 Plus, Blum just ended its bot referral bonus program to focus on even bigger developments. This month is the one to watch, as Blum will officially list—and the price prediction is already impressive! 📈 Fun fact: Blum’s CEO works at Binance, which only adds to the trust and confidence around the project. 🌟 Forget distractions like Hamster Token that let people down—Blum is the game-changer everyone’s been waiting for. 🌐 🔔 Don’t miss your chance! Blum is set to soar—get ready, share this post, and stay tuned for exclusive updates! 🔥
Currently running a successful ETHUSDT trade with a $12 profit, and it's clear how strong Ethereum has been lately. With increased utility in DeFi, NFTs, and upcoming upgrades, ETH has demonstrated solid support levels and continues to show bullish potential. If you’re trading ETH, it’s worth paying close attention to its long-term growth and current market dynamics.
It seems the recent wave of bans has primarily affected users with single accounts accessed on multiple devices, while those receiving free keys have remained largely unaffected. The detection system, which relies on IP-based monitoring, flagged accounts with unusual patterns of device activity.
What’s interesting is that only certain users were targeted, while others who benefitted from the free key giveaways were left untouched. The enforcement appears to be focused more on suspicious account activity rather than on those taking advantage of the giveaways.
#MyFirstSquarePost New to Binance Square, thrilled to share and connect with everyone here! BTC/USDT is showing resilience in today's market, with key levels in focus. Watch out for potential breakout zones as volatility might bring new trading opportunities. Stay sharp and trade smart!