HOW TO AVOID FAKE BREAKOUT TRADING!!! TRADE ON REAL BREAKOUT✅️
Today I will share some strategies to findout the Fake / False breakout trading to avoid big loss of money and trade on real breakout in #Binance trading platform. Please note, I'm not a professional trading expert. I just share some strategies based on my opinion and experience in the crypto trading market. So let's start...
● As we know, cryptocurrency will trading in blockchain method and when a candle successfully break the resistance line we called Breakout. This is the real time to trade on these coins and take huge profit.
● Sometimes we see that some coins are breakout the resistance line but after liquided stop loss they are going to down very hardly. In that case, if we take entry on these coins we make huge loss for this fake breakout.
● To avoid false breakout, before take entry on any coins we need to wait and observe at least 2 days. If you see that 1 day candle closed over the resistance line and successfully retest next candle again over resistance line this is the real breakout (as shown attached image). Now you can take entry on these coins and hope you will take big profit until hit the next resistance line.
● If you see that 1 day candle closed over the resistance line but next candle closed inside resistance line this is fake / false breakout (as shown attached image). Don't take entry on these coins otherwise you will loss a huge amount or you need to wait a long time to take profit by DCA.
NOTE: To findout real and fake breakout, you must have enough knowledge to draw support and resistance line on the #BTC trading chart.
Hope above points are helpful for everyone to understand the real and fake breakout strategies.
Today I will share some tricks about trading on #Binance without any loss only profit in every trade. Please note, I will share these tricks based on my opinion and experience in the crypto trading market. So let's start...
● Don't trade in Futures as a new trader. Only trade Spot on Binance platform. In that case, you will get small profit than futures but your funds keep safe and don't liquided or zero.
● If you have enough money in your wallet i.e. more than $1,000 USDT, you can trade in Bitcoin (BTC) and Ethereum (ETH). Otherwise, I suggest you to avoid trade on BTC and ETH.
● Always analyze #BTC before buy any cryptos. If you found BTC chart trending as Sideway or Stable, you can buy some Altcoins based on Binance 24 hours volume list.
● When you buy, select at least top 10-15 Altcoins from 24 hours high volume list and buy 5-7 coins as per your analysis. Try to select coins which are going to retesting before next bullish. Remind again! BTC chart will be stable.
● Now you need to buy coins by using 1% from your total funds and it is very important. For example: if you have $1,000 in your wallet, you can buy 7 coins by using $10 per coins (buy 7 coins = $70).
● After buy, you need to wait 1 day candle close for observation. After 1 day, if you see BTC price has dropped than previous day your buy coins price are also dropped significantly.
● Normally if BTC price dropped, Altcoins price will also dropped hardly than BTC price. But questions is this, from your buy 7 coins some are not dropped hardly and these coins will pump hardly in the next BTC bullrun. So, you can invest more amount in these coins part by part as DCA.
● In this time, from your buy 7 coins those are dropped hardly with BTC price no need to invest now. Wait and when BTC started bullrun, you can invest double amount ($20) in those coins as DCA. So you can easily take profit from all buy coins.
NOTE: Not buy coins by using your 100% funds. Use 50-70% funds for trading.
$NFP announced partnership with Google Cloud (see attached announcement).
This is goods news for NFP holders. I think NFP will be on the moon coming month like #BTC done this month.
As I shared in my post previously about NFP, hope all of my followers who buy NFP now they are in profit. I suggest, don't sell all NFP now and hold some NFP for next bullish for big profit.
NOTE: I'm not suggest anyone to buy any tokens in Binance Futures. If you want to buy any tokens, please buy in Spot Trade.
Disclaimer: I'm not a financial advisor so buy and sell tokens at your own risk!
WHAT'S GOING ON WITH $STRK ??? BULISH 📈 OR BEARISH 📉
It's 1 week over, #STRK listed on #Binance but still this token is sleeping where #BTC on the moon. Actually, I never experienced such Sideway 1D candle before but STRK give me this experience.
I expect this newly listed token give me a big profit but still I don't take such profit by this token. But as I analysis, STRK is a good project for long term investment.
Anyway, I will hold this token for 1/2 months and hope I will get a big profit.
Can anyone professional crypto trader advice me whether my above decision to hold STRK for 1/2 months is right or wrong decision?
MicroStrategy has buy an additional 3,000 #BTC for $155 million at an average price $51,813 per #Bitcoin
Now MicroStrategy holds $193,000 BTC for $6.09 billion at an average price $31,544 per Bitcoin.
As an effect of this news, already BTC srarted bullish and trying to breakout the existing strong resistance zone. If BTC successfully breakout, next resistance zone is $58,000. So I think this is the time to buy BTC and take profit in the next bullrun.
I think this not good news for Altcoins holder as peoples are already started buy BTC so, Altcoins may be trade on Sideway. But don't be afraid, hold and wait for next Altcoins bullish season.
Disclaimer: I'm not a professional crypto trader and your financial advisor. So, buy and sell cryptos at your own risk!
BUY SOME #NFP/USDT FOR LONG TERM! BIG PROFIT COMING SOON🔥🔥🔥
According to 1D and 12h Candle, $NFP trying to breakout. If NFP 1D candle will successfully closed above attached yellow resistance zone, take entry and hold I hope you can make big profit.
You can also take entry in current price with your 5-10% funds and hold for 1-2 months. I think if you hold this token for 1-2 monts, you will get 50-100% profit or more.
There will be some corrections in the market specially #BTC coin, for this reason this token may dropped a little and you need to DCA on that time. But no penic, this is a good project for long trem.
If you need to trade this token for short term, I suggest you not to invest now as there will be several corrections from this time to end of March, 2024 before halving.
NOTE: Don't take entry in Binance Futures as this is for long trem project so only trade on Spot. Otherwise, you need to provide finding fees several times a day which will be a loss for you.
Disclaimer: I'm not a professional trading expert and financial advisor. I just analyze as per my experience so, buy and sell at your own risk!
TRADE BTC OR ALTCOINS BY ANALYSIS BTCDOM AND TAKE BIG PROFIT🔥🔥🔥
Today I will share when you can buy or sell BTC and when you can buy or sell Altcoins by analysis BTCDOM chart to make huge profit. You will find BTCDOM trading chart in #Binance Futures.
● BTCDOM or #BTC Dominance chart indicates that peoples are interested to buy BTC or Altcoins. When BTCDOM chart candle Up, it's indicates peoples are buying BTC and selling Altcoins. When Down, it's indicates peoples are selling BTC and buying Altcoins.
● You need to draw support and resistance line on BTCDOM chart to trade BTC or Altcoins and it is very important. Otherwise, you can't trade properly (see attached image for more clear).
● As per attached chart, you will see BTCDOM 1D candle dropped from the support zone today and that's why all Altcoins are start pumping. In this stage, you can hold your Altcoins until BTCDOM touch the next support zone.
● When BTCDOM touch the next support zone and start pumping, you can sell your Altcoins and take profit. Now wait 1/2 days for observation the BTCDOM chart and if you see peoples are started buying BTC, so you can also buy BTC. Make sure you will sell your BTC and take profit if BTCDOM started dumpling. No need to take any risk.
● Remind! I suggest you to don't trade on BTCDOM and avoid Futures trade if you are new trader in crypto market. Otherwise, you make loss from maximum Futures trade as crypto market are volatile and try to liquided stop loss.
NOTE: I'm not a professional trading expert and financial advisor. I just share above strategies based on my opinion and experience in the crypto trading market.
🔥$BTC SHORT📉 or LONG📈??? Which is Best for Big Profit in the current Market?
In the last 3 days #BTC trade with critical and hard resistance area that's why we face confusion market from last week. This market will affect in all #Altcoins so that we are not find out the proper coins / tokens to invest our money.
I know there are many expert existing in our Binance community who are able to advise us the right way to invest in current market.
My question is what's the next movement in crypto market? Bearish or Bullish?
● If Brarish, what's the Entry price for SHORT and target Sell / Take Profit price?
● If Bullish, what's the Entry price for LONG and Sell / Take Profit price?
● What do you think, which Cryptos are best to invest in the current Market for big profit?
I have some questions about $XRP to everyone. Let’s be honest, give your valuable opinions about #XRP which will helps our community for better investment.
● Do you believe, XRP price will hit $1 in the next 30-days?
● Do you think, XRP continues to hold $0.54 major support and successfully breakout?
● Do you think, 2024 is the year for XRP and XRP to the moon?
● Do you think, this is the time to invest money in XRP to return big profit?
● If I gave you 500,000 XRP, would you SELL or HOLD?
#Bitcoin is currently trading against critical and hard resistance zone.
Once $52,200 is cleared, #BTC will be an easy path to move $60,000 price.
I think this is the best time to started buy some of your favorite alt tokens for the next bullrun. Of course, you need to buy tokens part by part as DCA and choose different categories altcoins for investment.
Hello everyone, today I will share important update about #STRK token and how to gain big profit by this token in the bullrun. So, let's start.
● STRK has newly added in Binance and this token is a very good project for the next bullrun. After listed, this token rank number is 55 which is good.
● Normally newly listed tokens make big bulish candle after listed. But due to different unlock stacking system, this token started volatile pattern after listed. When listied, volatile market also a reason for this pattern.
● I think there are many peoples already loses 50%-70% who buy this token after listed. I suggest, since STRK is a good project now it's time to DCA to make profit.
● For the peoples who are still not buy STRK, I think this is the proper time to started buy this token. Buy range are as follows: 1st Buy: $2.00, 2nd Buy: $1.50, 3rd Buy: $1.00 Don't buy by using your all funds. For example: if you have $5,000 in your wallet, 1st buy = $500, 2nd buy = $500, 3rd buy = $1,000 (Total buy = $2,000) rest wallet funds are for other token trades.
● After buy you need to hold 15-20 days or more for big profit if $BTC will be stable and bulish. I think you can make 60%-80% profit if you will hold 15-20 days.
NOTE: After buy STRK, you need to analysis #BTC everyday. If you think BTC will make Bearish pattern, you can sell 50% STRK token in small or existing profit then buy again when BTC will trun bearish to bullish pattern.
$BTC $110,000 - $120,000 Next halving of Bitcoin (BTC) on April 2024 and as previously experienced, BTC price will rapidly rise after halving.
$ETH $11,000 - $12,000 We everyone know that Ethereum (ETH) price always rise when BTC price will rise.
$SOL $1,100 - $1,200 Solana (SOL) is a big project for long term traders and now SOL has holding number 3-4 position in Volume / Market Cap. SOL price rise almost 3x than BTC in the bullrun.
Most of the peoples are sell #XRP in Apr-2024 when XRP reach $1.00 price.
Remind: #XRP/USDT $0.70 is the break point for 6 years downtrend line. If weekly price closed above $0.70 then $2.00 is the next resistance in few days.
#BTC has achieved another strong weekly candle close above the horizontal resistance. The cluster of moving averages indicates a bullish trend. The MACD crossover signals bullish momentum. A continuation of the bullish move is expected from here or after a successful retest of the horizontal support.
#BTC 4 Hours and 1 Day candle indicates Bearish market. As I have shared yesterday, BTC might be down to $48,500 / $48,000 price. Since BTC price going to down, definitely Alt tokens will be also down hardly.
So, I think we can prepare to start buying BTC and Alt Crypto tokens when BTC price drops to $49,000.
Note: Don't buy tokens by using your all funds. You need to DCA if market drops more after buy tokens.
Disclaimer: I'm not a financial advisor. I just share market update as per my opinion. So, Buy and Sell tokens at your own risk.
Besides above trade options, there is another way to trade on Binance with Zero fees i.e. Convet Trading. Convert any Cryptos on Binance with zero trading fees. You can Buy or Sell Crypto coins / tokens through Binance Convert with following methods:
● Convert with Market Price: Convert any cryptos at current Market price instantly. This is almost same as like you Sell cryptos in Spot trade option with current market price.
● Convery with Limit Price: Convert any cryptos at your target price. When price will reach your target price, it will Buy or Sell automatically. This is almost same as like you Sell cryptos in Spot trade with limit option.
#XRP🚀 #RippleUpdate #Write2Earn Yesterday Jeff Bezos Sells $4 Billion of Amazon Stock and buys #XRP. This is a very good news for XRP holders. Most people are not ready for what happens next. My opinion is #XRP will be pumping hard. Let's wait and see.
Disclaimer: I'm not a financial advisor. I just share market update and news to everyone. Pls buy and sell at your own risk.