💰🔥XMR/USDT LONG 🎯💯 Follow for more updates and trading | Askanda on Binance Square

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💰🔥XMR/USDT LONG 🎯💯Follow for more updates and trading signals
RETESTING PATTERN
Entry: 164.87
TP:
1) 166.45
2) 168.97
3) 172.24
4) 179.63
5) 185.55
SL: 160.68
#askanda #xmr #vipsignals #arkham

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XMRUSDT

Perp

154.95

-1.96%

ARKM

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-7.48%

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🏧NFP News Events For Crypto Day Traders 🎁Follow me: Askanda for accurate trading signals daily. NFP, or Non-Farm Payroll, is a key economic indicator released monthly by the U.S. Department of Labor, revealing job growth or loss in sectors outside of farming. 👇Share your experience in comments below This report significantly impacts financial markets, including crypto, because it reflects the strength of the U.S. economy and influences Federal Reserve policy. When NFP results show strong job growth, the U.S. dollar tends to strengthen, which can put downward pressure on Bitcoin and other cryptos, as investors shift towards more stable assets. Conversely, weaker NFP results may weaken the dollar, driving demand for alternative assets like crypto as investors seek better returns elsewhere. 🏧You can use NFP news to your advantage by trading in the moments following its release, which typically causes increased market volatility. Watching how the dollar index and other economic indicators respond can give you insights into Bitcoin's potential short-term movements. 🎯Many traders set up buy or sell orders around key support and resistance levels in anticipation of NFP-driven volatility. 🎯For example, if NFP results are weaker than expected, crypto prices might rally allowing you to capitalize by placing long positions on Bitcoin or other assets. #USJobOpeningsDip #NFPWatch $BNB $BTC

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🏧Sell short Solana ✅Follow for accurate trading signals Market orders Cross margin Leverage 100x Use margin 2% Entry: 175 Take Profits 150 Stop loss 181.349 $BNB $SOL

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🏧Sell short Neiro 🎯Follow me for accurate trading signals High Risk Trade Market orders Cross margin Leverage 75x 2% margin on this trade Entry: 0.0016707 Take Profits 0.0011119 Stop loss 0.0018199 #BinanceBlockchainWeek #CryptoPreUSElection #USADPSurges $BNB $NEIRO

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🏧Why You’re Losing Money on Binance Futures: Change This Now Comment (usdt ) free Usdt ✅Follow me: Accurate Trading Signals Daily 🎯1. Over-Leveraging Leverage amplifies both profits and losses. Binance Futures offers high leverage (up to 125x on some pairs), which can be tempting. However, if the trade moves even slightly against you, high leverage can quickly wipe out your capital. 🎯2. Lack of a Trading Plan Trading without a solid plan often leads to losses. A well-defined plan includes clear entry and exit points, risk management rules, and emotional discipline. 🎯3. Poor Risk Management Setting stop-losses and defining risk per trade are essential for survival in futures trading. Without them, a single large loss can erase several small wins. Many experts recommend risking no more than 1-2% of your capital on any trade to protect against huge drawdowns. 🎯4. Emotional Trading Emotional trading is a common pitfall, especially after losses. Revenge trading or doubling down on positions to recover losses can lead to further, often much larger losses. 🎯5. Ignoring Market Conditions Binance Futures markets are influenced by larger economic factors and trends, so ignoring the broader market context can lead to misinformed trades. 🎯6. Inadequate Understanding of Futures Mechanics Many traders jump into Binance Futures without fully understanding how futures contracts work, including margin requirements, liquidation risks, and funding rates. It’s essential to understand these mechanics to avoid unexpected costs and losses. 🎯7. Overtrading High-frequency trading can drain your account due to fees, fatigue, and poor trade quality. Focusing on fewer, high-probability trades rather than chasing every opportunity can be a smarter approach. 🎯Conclusion Trading on Binance Futures requires knowledge, discipline, and strategy. By avoiding common mistakes like over-leveraging, neglecting risk management. #CryptoPreUSElection $BNB $SOL

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🏧Sell Short SXP ✅High Risk Trade market orders Cross margin Leverage 75x Use 2% margin Entry: 0.2722 Take Profits 0.2344 Stop loss 0.2861 #BTC67KRebound #BTCETFDemandSurge #BinanceBlockchainWeek $BNB

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