Ahmadcn
@ahmadcn
ahmadcn
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what the f is this.?
i have thisin my wallet
#BinanceLaunchpoolHMSTR #NeiroOnBinance #BTCReboundsAfterFOMC
i have thisin my wallet
#BinanceLaunchpoolHMSTR #NeiroOnBinance #BTCReboundsAfterFOMC
let's hope for $NOT to come home.
The chart provided shows a trading setup for the NOT/USDT pair on Binance. Here is a detailed analysis of the setup:
1. **Price Action**:
- The price has seen a sharp upward movement, indicating a strong bullish trend.
- After reaching a peak, there's a correction or pullback occurring.
2. **Entry Point**:
- The suggested entry point for a short position is marked near the peak of the recent upward movement.
- I anticipates a continuation of the pullback or a reversal from this point.
3. **Stop Loss**:
- The stop loss is placed just above the entry point.
- This placement is to limit potential losses if the price continues to rise instead of reversing.
4. **Take Profit (TP)**:
- The take profit level is indicated much lower, near the base of the sharp upward move.
-I expects a significant drop in price, potentially retracing the entire recent upward move.
### Strategy Rationale
- **Bearish Outlook**: The trader is expecting the price to drop after a significant rally. The rationale could be based on overbought conditions, a potential double top, or other reversal signals.
- **Risk Management**: The stop loss is tight relative to the entry point to minimize losses if the market moves against the trade. The take profit is set far from the entry, suggesting a high risk-to-reward ratio.
### Potential Risks
- **Trend Continuation**: If the bullish trend continues, the stop loss may be hit quickly.
- **Market Volatility**: High volatility can cause price swings that might hit the stop loss before the price moves in the anticipated direction.
### Conclusion
This trading setup is a short (sell) position anticipating a price reversal after a sharp upward movement. Proper risk management is crucial, as the market can be unpredictable, and there's always a risk of the price continuing to rise. The strategy banks on a significant drop, providing a high reward if the market moves as expected.
The chart provided shows a trading setup for the NOT/USDT pair on Binance. Here is a detailed analysis of the setup:
1. **Price Action**:
- The price has seen a sharp upward movement, indicating a strong bullish trend.
- After reaching a peak, there's a correction or pullback occurring.
2. **Entry Point**:
- The suggested entry point for a short position is marked near the peak of the recent upward movement.
- I anticipates a continuation of the pullback or a reversal from this point.
3. **Stop Loss**:
- The stop loss is placed just above the entry point.
- This placement is to limit potential losses if the price continues to rise instead of reversing.
4. **Take Profit (TP)**:
- The take profit level is indicated much lower, near the base of the sharp upward move.
-I expects a significant drop in price, potentially retracing the entire recent upward move.
### Strategy Rationale
- **Bearish Outlook**: The trader is expecting the price to drop after a significant rally. The rationale could be based on overbought conditions, a potential double top, or other reversal signals.
- **Risk Management**: The stop loss is tight relative to the entry point to minimize losses if the market moves against the trade. The take profit is set far from the entry, suggesting a high risk-to-reward ratio.
### Potential Risks
- **Trend Continuation**: If the bullish trend continues, the stop loss may be hit quickly.
- **Market Volatility**: High volatility can cause price swings that might hit the stop loss before the price moves in the anticipated direction.
### Conclusion
This trading setup is a short (sell) position anticipating a price reversal after a sharp upward movement. Proper risk management is crucial, as the market can be unpredictable, and there's always a risk of the price continuing to rise. The strategy banks on a significant drop, providing a high reward if the market moves as expected.
you can take idea from mu running tradesa
how are you doing please tell me. bcz i am not doing great today.
Is copy trading profitable in Binance?
i started copy trading,and i will post daily updates here.
#copytrading
#BTC
#etf
i started copy trading,and i will post daily updates here.
#copytrading
#BTC
#etf