🚨 Quick Dive into #BTC Trends 🚨
Smooth sailing so far! Strategically set my Stop Losses (SLs) with Limit orders, seizing every opportunity until we hit the $55,000 territory. 📊💰
🎯 Analyzing the Circles:
Keeping a close eye on Circle 2, resembling the current zone (Circle 1) with historical significance. Content with a weekly close around $45,000 to $46,000. 🔄💹
⚙️ Indicator Insights:
While some indicators hint at a bearish stance, remember, the crypto market dances to its rhythm. Advocate studying past data to plot future moves—learn from the market's history.
📉 Debunking Liquidation Risks:
Crucial lessons—don't risk 50% of your portfolio with 10X leverage. Opt for 3% with a mindset to Dollar-Cost Average (DCA) positions. Even in a worst-case scenario, DCA by 3% to 4% leaves you with a prime entry and stable liquidity.
💡 Trust the Process:
Ignore the noise! Trust the process and filter out the skeptics. People who challenge credibility often lack skin in the game. Stick to your instincts and observed results.
🎢 How to Dive In?
For Bitcoin, avoid market entry impulsivity. Set a limit order at $42,900 or $43,010. When hit, swiftly place SL at entry. A win-win strategy, securing your position in any market move.
Remember, do your own research and navigate the crypto waves wisely! 🚀📈 #TradeSmart #CryptoInsights #BitcoinJourney #TradeNTell #Write2Earn
