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An example of how to identify Support and Resistance , also how, where, when to enter a trade. The market can be very tricky and very difficult to predict the outcome. But learning the basics of support and Resistance can give you 80% probability of winning. All the top traders use this method to predict the outcome. When you look at the picture, you could see on the chart , Resistance ,Support and small circles where you can possibly enter your trade at this levels . But not every levels you can enter a trade, you need to confirm if the levels are valid or not. Looking at support , the first circle can’t be valid coz it just got rejected , once the market price retrace to the same level twice then it got rejected and now the second circle makes it obvious that its a critical support. On Resistance you could see the same thing happening and it’s obvious you can enter a trade on the second circle. Now you need price pattern confirmation to enter a trade. Later, i will show how to identify price patterns and what it means. Now making a decision to trade ,you need to look at how,where and when to take your position. What type of trader are you ? You need to know all this to set up yourself . Are you a day trader or swing trader? What time frame is best for me? Do i have the capital to hold this trade position? The chart time frame is 1day which means if i take a trade , my profits can be in days before execution. This means am a swing trader. All am saying is you need to check all this criteria before making decision on the market. Follow,Like and comment your thoughts? As am going to post the second criteria on how to identify Support and Resistance . Let’s go! …LJ! Disclaimer; This content aims to improve readers, you should get more information from multiple sources (DYOR),before setting up your own strategy. All buying, selling and crypto investment activities are responsibility of the reader. $SOL $BTC $BNB #TON #DOGSONBINANCE #Write2Earn! #CryptoMarketMoves
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How to identify Dynamic Support and Resistance using indicators. Hello guys its been long since i post here , in my previous content, i was explaining how you will be able to spot support and Resistance levels . This is important levels that can bring you profits on your journey. But this content is not full details but later , if you follow my works am going to show you how to spot them. Looking at our picture you can see dynamic Resistance on the purple indicator. This is because we can use indicators as dynamic Support and Resistance. Disclaimer; This content aims to improve readers, you should get more information from multiple sources (DYOR), before setting up your own strategy. All buying, selling and crypto investment activities are responsibility of the reader. Follow,Like,repost and comment let’s go as we all get together and enrich ourselves on this journey. #DOGSONBINANCE #CryptoMarketMoves #TON #Write2Earn! $SOL $BTC
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Become Creator? Guys i need your votes and need you all to follow me up, so i can become your creator. Am going to tell you how to read the crypto market, how to earn and invest your own money. Taking control over your own money is very important and gives more confidence on, what you are doing. We are going to focus on the basics of Support and Resistance. Check my profile and see the first step (episode 001) on how to understand support and Resistance. Follow let’s learn and grow together as one. …LJ! $BNB $BTC $SOL #BecomeCreator #BinanceTurns7 #BinanceLaunchpoolTON #CreatorAward
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THE FEAR OF MISSING OUT.( FOMO) Why do you get to miss out? This is where you get forced information without properly verifying the source, or accuracy of it and it leads you to make irrational decisions. To make informed decisions, my traders and investors, you can’t trust anyone in the financial markets. This is because before the top traders give out any signal, you are late and, it’s the best if you make up your mind to learn and get your own strategy. You have to give in, at least 4hrs of your time to learn and trust your own process. Because the top traders learned and got their own strategy, and it took them a while. Remove the perception of getting rich quickly and take your time to learn. You have to trust yourself and believe in your strategy. You can’t always win but sometimes you loose to get better from your mistakes. Perfecting your strategy, your wins will always be bigger than losses. Always do your own research, and this helps you to understand what you are doing. Like ,follow and comment “Let’s go” so i can bring you the next understanding of support and Resistance. My friends vote for me as well because am going to tell you how to read the market on your own. So you can beat all odds, because it’s you against traders ,institutions and large groups of investors. …LJ! #Write2Earn! #BinanceLaunchpoolTON #CreatorAward $BTC $BNB $SOL
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GM! Banks and Forex are closed, but crypto is not ? Reason why crypto is far better than Forex and banks . In crypto you get more control over your own money, you can decide to invest,create portfolio,earn passive income,spot trading ,futures trading and hold or withdraw your own money whenever you want. Crypto has so many ways to earn. But Banks tells you when to withdraw and time to withdraw. Forex trading is good but it doesn’t have more advantages to earn passive income. Am not a Financial advisor, thats is why you need to do your own research. You can’t trust anyone and you need to learn on your own. Its not get rich quick but rather treat it as a Business. Getting a signal from somewhere is wrong, because before they give out the signal, you are late. It’s always better when you understand and do your own technical analysis to get your own signal. At this point you are able to make informed decisions. If a human being can read the market, to be the best then its possible you can do same. Follow, Like , and Comment “Let’s go” so we all get to enrich ourselves. #TONonBinance #BinanceTurns7 #SahmRule $USDC $BTC $BNB
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