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Mad Titan
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so much wisdom.. patience.. simplicity.. risk management are keys! #TrendingTopic #SwingTrade #Write2Earn

so much wisdom..

patience.. simplicity.. risk management are keys!

#TrendingTopic #SwingTrade #Write2Earn

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Cryptoo Man
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The biggest bull run in crypto history is coming, and you have to be prepared.
A lot of traders will hate me for sharing this for FREE, but I will delete this thread soon.

Here are all the secrets from my 4 years of experience

➬ Some people learn faster than others.
➬ Some will achieve success in a few months, while others will take years.
➬ Someone will enter the market during a bull run.
➬ Someone will be happy because of the half-percent green candle.

One thing sets successful people apart: they don’t quit.

They don’t leave even though there is no positive result.

And so that you do not end up among those who quit trading halfway, I tried to highlight some rules, the adoption of which will make your journey easier

① There are no absolutes in trading - there are only probabilities:

You don't know where the price will go.
You don't know how much you will earn this month.
You don't know whether the next trade will bring profit or loss.

All you are doing is constructing probabilities.

② Supply and demand are fundamental concepts that drive the movement of prices:

When supply exceeds demand, prices tend to fall as sellers compete to find buyers.

Conversely, when demand surpasses supply, prices typically rise due to increased competition among buyers.

③ There is no magic system:

But there is a system that will suit you personally.

You can make it out of anything.

No matter what concept you use, if in your hands the RSI indicator is able to generate profits, great. If it's Fibonacci or smart money - also great!

④ Analyze the chart simultaneously on both the Higher Time Frame (HTF) and Lower Time Frame (LTF):

The support and resistance levels on the higher time frame will be stronger. However, on the lower time frame, you may discover better entry opportunities.

⑤ The market always moves in two ways:

Accumulation involves smart money gathering a large position in a specific asset, while distribution involves selling a substantial position in that asset.

In between, there are markup and markdown phases.

⑥ Learn how to accurately identify a trend:

A trend shows the direction in which the price is expected to move:

Uptrend each low and high of the price is higher than the previous one.
➬ HH, HL

Downtrend each low and high of the price is lower than the previous one.
➬ LL, LH

⑦ Simplicity = the key to success:

The most profitable systems are assembled from primitive and understandable variables.

There is no need to assemble a sports car from thousands of parts and mechanisms. A bicycle will be enough to help you earn money for this sports car.

⑧ Risk management principles are your holy grail:

Many traders have decent systems but a terrible approach to risk management. A few adjustments can dramatically change the results.

Personally, I use a 1:3 RR ratio in my trades, but this may vary depending on the trade.

⑨ The trader is at the center of everything:

By itself, any setup is a useless piece of shit. It doesn't provide any advantage.

The advantage lies in the person who trades the setup.

How a trader acts in a situation is more important than any pattern or TA indicator.

⑩ Understand how the market cycles are simply working:

Buy fear and sell euphoria, period.

Low prices are an opportunity.
High prices mean sales opportunities.

⑪ Understand how Fibonacci retracement works:

Fibonacci levels help determine optimal times to buy or sell an asset.

Key levels to watch are 0.5, 0.618, and 0.786.

After a bullish price movement, simply draw the Fibonacci levels from the low point to the high point.

⑫ Be patient:

Instead of chasing the price, let it come to a predetermined level and enter a position when this happens.

Don't go surfing when there are no waves. Just wait.

⑬ Learn the basics of Smart Money Concept:

Smart Money refers to experienced traders or institutions with insights and resources.

The Smart Money Concept is a set of tools that can be used to track the actions of major players in the market.

It operates on some principles

Don't miss out on the next alpha! Follow and like

$BTC $ETH #TrendingTopic #Write2Earn #BTC
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$FET FET H4 update HTF trend: bullish 💡 Key Findings and Insights: - FETUSDT is currently trading at $1.10725 with a 24-hour price change of +1.15% and a 7-day price change of +9.77%. - The market cap of Fetch.AI (FET) is $1,122,142,216, with a total token supply of 1,152,997,575 and a circulation supply of 812,913,233 tokens. - The current volume for FETUSDT is $10,558,606.92, indicating active trading activity. 🔆 Insights: - Fetch.AI is an AI lab building a decentralized machine learning network with a crypto economy. - The project aims to democratize access to AI technology by providing a permissionless network for anyone to connect and access secure datasets. - Use cases for Fetch.AI include optimizing DeFi trading services, transportation networks, smart energy grids, and more. 📢 Latest News: - There are conflicting reports regarding Fetch.AI's financial situation and restructuring process. - Fetch.AI has stated that it continues to operate normally despite the restructuring process, while other reports suggest financial difficulties and the appointment of administrators. - The company has been sold to a consortium called Assmbl.ai, but the ownership details are unclear. 💵💶 Funding Analysis: - Major Whale Traders have a bullish position direction with a long/short ratio of 4.63. 📉📈 Technical Indicator Patterns: - Over the period from the start to the end time of today's data, the MACD indicator showed a Golden Cross pattern, suggesting a potential bullish signal. ✨📝✨ Key Levels: Neutral: 0.96 Discount zone: 0.82 - 0.90 Stop Loss: 0.68 📄 Not a financial advice, but you have a better risk:reward ratio by managing your risk properly. Please note that this information is based on the available data and analysis. It is important to conduct further research and consider your own risk tolerance before making any investment decisions. #FET/USDT #FetchAI #TrendingTopic #keepitsimple #Write2Earn‬
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$RNDR RNDR Daily update HTF trend: bullish 💡 Key Findings and Insights: - RNDRUSDT is currently trading at $7.4492 with a 24-hour price change of -0.22% and a 7-day price change of +18.16%. - The market capitalization of RNDR is $2,720,681,248, with a total token supply of 536,870,912 and a circulating supply of 171,972,815 tokens. - The token is built on the Ethereum blockchain and aims to connect artists and studios with GPU compute power. - RNDR held its first public token sale in October 2017 and launched its network in April 2020. 📢 Latest News: - According to a news report on February 28th, the 24-hour fund inflow tracking list for Smart Money on the Ethereum network includes RNDR with approximately $1.76 million fund inflow and a 24-hour decrease of 0.6%. 📉📈 Market Sentiment: - The Market Sentiment Index is currently at 82, indicating extreme greed in the market sentiment. 💵 Funding Analysis: - Major Whale Traders' position direction is bullish, with a long/short ratio of 2.23. 📊 Technical Indicator Patterns: - The Bollinger Bands indicate a support price of $7.13668 and a resistance price of $7.51173. - The MACD indicator showed a Golden Cross pattern at 2024-02-28 03, with a price change of +2.04% during that period. ✨📝✨Key Levels: Neutral: 6.10 Discount zone: 5.20 - 5.70 Stop Loss: 4.20 📄Not a financial advice, but you have a better risk:reward ratio by managing your risk properly. Please note that this information is based on the available data and analysis. It is important to conduct further research and consider your own risk tolerance before making any investment decisions. #RNDR #RNDR/USDT #TrendingTopic #keepitsimple #Write2Earn
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$AVAX AVAX H4 update HTF trend: bullish Key Findings: 1. AVAX has a current market cap of $14,871,857,025 and a total token supply of 720,000,000. The circulating supply is 220,286,577.21 AVAX tokens. 2. The current price of AVAX is $39.47, with a 24-hour price change of +5.8% and a 7-day price change of +0.18%. Insights: 1. AVAX is a layer one blockchain platform that aims to compete with Ethereum by offering higher transaction output and improved scalability. 2. The Avalanche network consists of three individual blockchains: X-Chain, C-Chain, and P-Chain, each serving a different purpose. 3. AVAX has been working on developing its own ecosystem of DApps and DeFi, with several Ethereum-based projects integrating with Avalanche. 4. The platform is focused on improving interoperability between its ecosystem and Ethereum through the development of bridges. 5. AVAX experienced a major network outage recently, which lasted for five hours. However, the network is now operational. Tokenomics: 1. AVAX has a total token supply of 720,000,000, with a circulating supply of 220,286,577.21 tokens. 2. The current price of AVAX is $39.47, with a 24-hour price change of +5.8%. Latest News: 1. The engineering lead of Ava Labs announced the release of the Avalanche Durango upgrade, which aims to enhance network interoperability. The upgrade is scheduled to be activated on the mainnet on March 7th. 2. AVAX experienced a five-hour network outage recently due to a code-related bug that caused excessive CPU usage. Funding Analysis: Major Whale Traders' position direction for AVAX is bullish, with a long/short ratio of 5.44. Key levels: Neutral: 38.60 Discount zone: 36.00 - 36.40 Stop loss: 33.50 Not a financial advice, but you have a better risk:reward ratio by managing your risk properly. Please note that this recommendation is based on the available data and analysis. It is important to conduct further research and consider your own risk tolerance before making any investment decisions. #AVAX/USDT #AVAX #AVAXAdventure #Avaxusdt #Write2Earn
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