Renloth

🚀 Quick BTC Check-in: Currently testing support at around $43,300, and it might stretch its legs a bit. Indicators hint at a need for a breather, but here's the twist – I've got the confirmation for a drop. 📉💨

💹 Spike? Oh, that's just another opportunity to beef up the position for a smooth ride to $37,400. 🎢📉

🔍 Support levels on my radar: If the current support at $43,400-$43,200 breaks below and closes, the next pit stop is $41,900 - $41,650.

📊 The gap between USDT and USDC increased together.

📈 In particular, the gap in USDC has risen by more than 24.98B, showing a short-term upward trend.

💸 Funds flowing in through USDC are likely to have a short-term impact on the coin market because the USDC market is not as active as the USDT market.

🔄 However, since BTC and ETH trading pairs exist in the USDC market, you can see that the possibility of purchasing BTC or ETH has increased.

📈 It is important to trade in accordance with the movements of institutions and forces.

🎄✨ Merry Christmas to all fellow crypto explorers! 🚀

#BTC #TradingAdvice $BTC #PsychologyinTrading

📊📈 "The key is whether the price can be maintained by rising to the second resistance range of 44200.0-47600.0. 💪

🔍 In particular, it is necessary to check whether support can be obtained above 45135.66.

📉 If it falls below 43160.0-43823.59 and shows resistance, it may lead to a further decline.

📉 As the price rises, the turning point into a short-term downtrend is expected to begin when it falls below the 41350.0 point.

🔄 However, if it is still supported around 37253.81-38531.90, I think there is a high possibility of creating a pullback pattern from a mid- to long-term perspective. 🚀

🔄 I think it is highly likely that a shakeup will occur around the current range, that is, 43823.59-46431.5.

💡 Trading cannot be done based on these predictions, but rather through trading strategies.

💼 Therefore, you need to create a trading strategy and respond to the support and resistance points or sections you consider.

📊 In trading, we must not forget that predictions obtained through chart analysis are not necessary.

📈 Trading Strategy:

$ Investment period ⏳
$ Investment size 💰
$ Trading method and profit realization method

📊💵
This can be achieved by planning the three things above.

🔄 Among these, the most important is 1. Investment period. Since everything changes depending on the investment period, you must select which coin (token) to trade and for how long the investment period through chart analysis.

💹 Then decide the size of your investment based on your investment horizon.

📈 And, you need to create an actual trading method based on support and resistance points or sections.

📉 At this time, the important thing is to think about ways to reduce losses and create a trading method, that is, a trading strategy.

❌ If you can't think of a way to prevent losses, I think the best way is not to trade.

📈 When in an uptrend or bull market, it is recommended to buy when the candle on the 1D chart is a downward candle.

$BTC #BinanceWish #BTC #TradeOpportunity

📆 "As the volatility period passes (around December 18-25), it is necessary to check if there is any movement outside the 39845.44-45135.66 range. 📊

💪 The 43160.0-43823.59 section is a psychological resistance zone and corresponds to the section where split sales will be made for the rise so far. 🚀

📈 Even if large volatility (-20% to +20%) occurs when selling in installments, it is important to sell at a proportion that does not cause psychological disturbance.

🛑 The second resistance range is the 44200.0-47600.0 range, so if it receives support in this range and rises, it is expected to rise to around 59370.07, the HA-High indicator point on the 1W chart.

🤔 Therefore, even if you split and sell in the psychological resistance zone and then rise, you can respond depending on whether you receive support or resistance in the secondary resistance zone.

🚀 When the HA-High indicator on the 1W chart is touched, a full-fledged upward trend is expected to begin because the HA-High indicator has been touched on all time frame charts (1M, 1W, 1D).

📉 Even if it rises like this and touches the HA-High indicator on the 1W chart and falls, it is likely to touch the HA-High indicator on the 1M chart again, so be careful about shaking it.

⚠️ If it falls from the psychological resistance range of 43160.0-43823.59, that is, if it falls below 39845.44, a new HA-High indicator on the 1W chart is expected to be created.

📈 If that happens, if the price is maintained near the HA-High indicator on the 1M chart, a full-fledged upward trend is expected to begin.

💰 The basis for this is that it is believed that funds are continuously flowing into the coin market through USDT.

📉 For an altcoin bull market to begin, BTC dominance must fall below 50 and remain there."

#NFP #BTC #BinanceWish #INSIGHT #PsychologyinTrading $BTC

Observing trends beyond the short term while trading futures is only possible with low leverage. 📉

In other words, it is only possible when the leverage is around x2-x3. 📊

If you set the leverage to x5 or more, you must trade while taking profits through day trading. 💹

I think the 1W chart is an important chart for checking trends in spot trading. 📈

Therefore, unless it is day trading, I think it is better to trade according to the trend of the 1W chart. 🔄

However, for actual trading, it is recommended to look at the 1D chart. 📅

This is because you can check the detailed split transaction points. ⚖️

I believe that winning or losing in trading is determined by how stable your psychological state is. 🧘‍♂️

Therefore, no matter how low the price you purchase, as the price rises, your psychological state may become excited or anxious, so split trading is necessary to stabilize this psychological state. 💼

If it takes a long time to stabilize your psychological state, you may end up making erroneous transactions, so you should try to stabilize your psychological state as quickly as possible. ⏰
What we can do now is how to stabilize our psychological state from around December 20th to around December 25th, when BTC's next period of volatility begins. 🗓️🚀

$BTC

#Bitcoin/USDT. #DayTradingTips #PsychologyinTrading #NFP #BinanceWish