ADA is retesting above the Support/Resistance level and attempting to hold above the Moving Average 200.
The Ichimoku cloud and the M/A 100 are indicating a bullish trend. A successful retest above the S/R level would confirm bullish sentiment, while a failed retest would signal a potential correction.
BTC pumped following the successful retest of the ascending triangle. The 21-day moving average (MA) and the Ichimoku cloud indicate a bullish trend. A continuation of the bullish momentum is anticipated either from this point onward or after another retest of the triangle.
BTC has successfully retested above the ascending triangle. The Ichimoku cloud indicates a bullish trend, and the MACD crossover is poised to turn bullish. A continuation of the bullish move is anticipated from this point or after another test of the triangle.
XRP has broken out of the symmetrical triangle and is currently retesting above it. The MACD crossover indicates bullish momentum. A successful retest above the symmetrical triangle would confirm the bullish trend.
Here you can see the global range and local range, which was just faked to the upside. Everything is simple: every top of every range is resistance, while bottoms are supports.
Bulls have a variety of ways to drive #BTC to new highs. These are most natural: 1. Instant pump above $67600 and then to new highs. 2. Fakeout of $64700, then pump. 3. Fakeout of $63700, then reclaim of the local range and pump.
As you can see, there's no point in going long right away. Instead, just wait for one of these opportunities to catch the best entry!
If you find yourself in a position where youâre not so sure of the POI youâve selected OR You have more than 1 valid & possible zone youâre sure price may want to react from
The best thing to do in this situation is to play probability and instead split the risk
than solely banking on one and praying for the other to fail
Trading in its true essence is âprobabilityâ So itâs fine if youâre not certain about the exact AOV price would most likely react from
Your aim is to make money And not to be RIGHT đ«”đœ
Something important that you need to know about how to make it big as a trader.
Have you ever dreamt of trading with huge capital?? Making huge profits and ofcourse cashing out huge profits to live your dreams??? Do you know that you can be trading with 5-6 figures in $$$ trading the market??? Then read this carefullyđ propfirm trading is the key to achieving all of these especially if you have little capital as a trader. So what is a propfirm?? Prop firm is short for proprietary firm and to explain very well its a company or firm with alot of money, huge money. Now instead of them investing it into assets, what they do is that they hire traders to trade for them with their funds. You could remember back then, Firms like this used to have floors or a phsyical building where these traders will be presently trading for them, so in there they can use weeks, months trading their tryouts to pass their evaluation. So that they can prove that they are quality traders able to handle their funds properly. But gones are those days. In this era, what happens is that, digitally or online you basically go through an evaluation phase or process, through a challenge and thats how you will prove to them that you are able to scale up the account ...that you are a quality trader making profits on a consistent basis. So you have an opportunity to be trading the market with upto $100k+ capital. How Do I Become a Prop Trader? Becoming a prop trader is one of the best decisions you can ever make, and the best part is that becoming a prop trader is not as hard as you think. You first need to learn how to trade, set up a reliable trading strategy, apply risk management skills, practice then join a prop trading firm to get funded. You can make more research about propfirm trading on your own and check if you are ready to explore in that path. Was this helpful??? If yes,dont forget to follow, share, comment and like. #TrendingTopic #ai #BTC #WLD
let me challenge your psychology thinking so you know what greediness can do to your account... now this calculation is based on my own country's bur you can do the calculations too based on your country's exchange rate, you might as well share with us in the commnet section below.
lets get started.
1% of $5K prop account is $50 (75K naira)
1% of $10K prop account is $100 (150K naira)
1% of $25k prop account is $250 (375K naira)
1% of $50K prop account is $500 (750K naira)
1% of $100K prop account is $1000 (1.5M naira)
Now imagine you're consistently making 1% of that account every 2-3 weeks, isn't that a good thing? You're the one that want to make 100% at once so you can impress us on binance square and X(Twitter) and to impress your friends that's why you keep failing your accounts.
Even our 9-5 workers barely earn such amounts as salary monthly, even as they are in need of the money but does that automatically increase their salary? No! The fact that you need 100 million naira at once does it mean you must get it in one payout? NO!
BTC is attempting to break out of the horizontal resistance. The RSI is in the overbought region, but there is no divergence, which is also a positive sign for the market. A weekly candle close above the triangle would provide further bullish confirmation.
ANALYSIS. on the 1 week Timeframe, we could see price breaking out successfully from its resistance trendline after the third time of reaching the trendline.
after the breakout that happened on Tuesday 27th of February, we could see that price made a retest and now we are expecting price to soar...
SIGNAL. this is a perfect time to bag more of $GALA from around $0.03856-$0.4000 or at DCA i am expecting price to reach around 89% target at $0.07290. keep holding.
was this helpful??? dont forget to like, share and follow for more like this.
đ Crypto Liquidations Cross $550M as Bitcoin Remains Volatile Ahead of Historic Highs
Crypto-tracked futures amassed over $550 million in losses in the past 24 hours as bitcoin (BTC) jumped, then dumped, from the $68,000 level â sparking volatile price action that stunned bulls and bears alike. Bitcoin and ether (ETH) briefly inched above $68,500 and $3,700, respectively, as euphoria from multiple catalysts continued into its second week. But profit-taking began in early Asian hours, with bitcoin falling to as low as $64,500 before regaining the $67,000 level.Was this informative??? Don't forget to follow, share, and like.
So i have decided to add the following to my post on binance square.
first of, i will make it my goal to post informative, legit and beneficial post here so that my followers can benefit themselves.
this includes post that will help them as a better trader like Trading strategies that i have mastered and working, ways we can manage our risk and money and lastly how we can manage our psychology or emotions as a trader.
am also going to share with us coins/pairs update and give us insight of what to expect from those pairs.
if you love this post, indicate by liking it, share and comment.