December 25, 2024: Complete and Comprehensive assessment for Market Trends
Hello everyone, here’s the updated trading overview:
For High-Risk Altcoin Trades:
If you’re currently trading in high-risk, unstructured altcoins, it’s wise to focus on exiting positions during rebounds. The key is to prioritize securing your funds rather than chasing profits. Don’t hold on too long or aim for unrealistic gains—protect your capital and wait for more stable and structured trading opportunities to arise.
General Trading Strategy:
For trades involving high-risk altcoins, it’s best to gradually add positions at the weekly timeframe. Once your average buying price is surpassed, start selling during price spikes to secure profits and exit your positions.
On a broader scale, previously highlighted weekly structures are no longer active, and we’re now observing a potential structure forming on the monthly timeframe. We’re waiting for the first and second levels of profit-taking to come into play before any action is taken.
Additionally, the fifth phase of structured trading is underway. A suitable entry signal will be shared at the right time, so keep a close watch.
Reminder for New Traders:
If you’re new to trading or don’t have a system in place yet, take note of these important guidelines:
1. Avoid buying new or unfamiliar coins.
2. Don’t buy coins that are already at high prices.
3. Stay away from “bottom fishing” or trying to predict market lows.
4. Refrain from trading in contracts or futures.
5. Never use borrowed money, loans, or credit cards to invest in cryptocurrencies.
Instead, take your time to learn the basics of trading and develop a strategy that works for you. Build your knowledge for free before making any trades.
Special Announcement:
Currently, there are 2,500 followers in our community. We plan to select 15 individuals for free training on creating a structured system specifically for spot trading. If you’re interested, refer to the detailed thank-you note for instructions on how to apply.
Important Warning:
All shared trade setups are based purely on personal insights and experience. They should not be viewed as professional investment advice. The cryptocurrency market is highly volatile, and trading always involves risks. Be careful and thoughtful before entering any position.
Stay informed, trade wisely, and prioritize safeguarding your investments.
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