Many people say you cannot make profit in trading. That is 99% true for those who do not understand the rules. Let me tell you something.
You do not need to trade every day. Why?
Because not every analysis is accurate and not every setup matches the market trend.
First, you need to identify the trend. Then analyze if the market looks good and ready to move. Only then you should take a trade. If your analysis is correct but does not align with the trend, that trade will likely end in loss.
The key is patience. Wait for the right trend, then trade with it. That is how you can make consistent profit.
If you didn’t open any trade and your that day are breakevens. That's also good for you. Because Loosing is not better than Without Profit. Keep it on your Mind. #btccrash $BTC $ETH $SOL
Price broke the falling trendline and bounced hard from the 76361 support. The last dip swept below that support to 75736 and buyers took it back fast.
The chart shows a Double Bottom. The neckline sits at the OB zone near 78400 to 78700 and price already broke above it.
Momentum is bullish with strong green candles. But price is now running into the R-OB zone at 81150 to 82000 where sellers acted before.
A rejection from the R-OB already happen and price try back to retest the OB at 78400 to 78700. That is about 3% below price.
Price ran up in a rising channel and then slid in a falling channel, which forms the flag. It swept down to the 0.0409 low and buyers took it back fast with a long wick. Price has now pushed above the top of the flag with a green candle. If it holds above 0.0425 the way opens to 0.0448, where the flag started. If price loses 0.04113 the setup is gone.
Price broke the falling trendline and bounced hard from the S-OB support near 0.0205, up about 45%. It is now pushing into the OB zone where sellers acted before. The latest wick swept above the PSH at 0.0322 and got rejected, which looks like a liquidity grab. The move is stretched after a 30% pump today. If price stays under 0.0322, a drop toward 0.0290 and then 0.0275 is likely. A 4h close above 0.0331 breaks the setup.
Price swept below the previous day low and recovered around the $3.827–$3.844 support zone. Buyers are attempting to defend this area after the sharp decline. If support holds and bullish momentum builds, a recovery toward $4.040 is possible.
IDOL surged from around $0.008 to nearly $0.027. Then sellers stepped in and pushed the price back toward $0.0124.
Now buyers are fighting back. Price has recovered to around $0.0209, showing how quickly market sentiment can change.
A huge green candle can create excitement, but buying after a massive rally without a plan can be costly. Sharp corrections can happen just as quickly as pumps.
Don't chase the hype. Learn to read the chart and manage your risk.
Follow for more real chart breakdowns and practical trading lessons.
Price made lower highs along the falling trendline and lost the flat support near 0.004725. It dipped to 0.004591 and bounced back to retest the broken level from below. The bounce got rejected near the trendline around 0.00487 and the candles are weak. Sellers are still in control. If price stays under 0.004725 a drop toward 0.004600 and then 0.004500 is likely. The full target sits at 0.004436.