TavoRoGo

Learn How to Use the MACD in 4 Simple Steps ✅

The MACD (Moving Average Convergence Divergence) is one of the most popular technical indicators to identify changes in the market's trend and momentum.
Below, I explain in a few simple steps how to use this powerful indicator.

1️⃣ Understanding the Components of the MACD
The MACD is made up of three main elements:
MACD Line: It is the difference between two exponential moving averages (usually 12 and 26 periods).
Signal Line: It is a 9-period moving average of the MACD line.
Histogram: It represents the difference between the MACD line and the signal line.

2️⃣ Identify Line Crossovers Bullish Crossover (Buy Signal): It occurs when the MACD line crosses the signal line upwards. This suggests that there could be a shift towards an uptrend. Bearish Crossover (Sell Signal): When the MACD line crosses down the signal line, it can be indicative of an imminent downtrend.

3️⃣ Observe the Rising Histogram: When the bars on the histogram are getting larger and more positive, it indicates increasing bullish momentum. Decreasing Histogram: If the bars are getting smaller or negative, it suggests that bearish pressure is increasing.

4️⃣ Confirm with Other Indicators Although the MACD is powerful, it is advisable to use it together with other indicators, such as the RSI or Bollinger Bands, to confirm the signals before opening a trade.

Using the MACD will allow you to anticipate key changes in the market, adjusting your trades with more precision.

Practice it and you will see how it becomes a fundamental tool in your trading! ✌️😎

Can LUNC Rise Significantly?

Many Terra Classic (#LUNC) investors are wondering if the token has the potential to rise significantly in price in the future. Although volatility is high, there are some factors that could influence its growth:

Luna Foundation Restructuring:
Decisions made regarding token burning and reforms for USTC could have a positive impact.

Community Support and Technological Improvements: If developers and the community manage to introduce substantial improvements, trust in the project could increase.

Adoption in DeFi projects and strategic partnerships:
New partnerships with financial platforms could bring more utility to the token.

Don't Get Rich With One Trade

One of the most common mistakes in trading is seeking success with a single position. While the market can offer opportunities for huge profits, most successful traders understand that the key is consistency and risk management.

Trying to get rich quickly with a single trade can lead to impulsive decisions and greater losses. The right approach is to set realistic goals, use tools like stop losses to protect your capital, and maintain a long-term mindset.

Remember: patience and a good strategy are your best allies for success in the world of cryptocurrencies.

RSI: How to Identify Opportunities in the Market

The RSI (Relative Strength Index) indicator is a popular tool for measuring the speed and change of price movements. It helps to identify overbought or oversold conditions in the market. An RSI above 70 indicates that an asset might be overbought, while below 30 suggests that it is oversold. Using the RSI in futures can be a powerful advantage in anticipating reversals and managing risk.

Don't underestimate its value! 💸

The cryptocurrency market is experiencing a bullish day thanks to key factors. One of the main drivers is the good performance of the US stock market, which has increased the demand for cryptocurrency investment products. This movement has boosted the prices of several assets such as Bitcoin, Ethereum and other relevant tokens such as Solana and Dogecoin

Solana, in particular, has registered a 5% increase, while Bitcoin has surpassed $66,500, opening the possibility of a new high being reached if the trend continues. This rally is being driven by the accumulation of miners and inflows into Bitcoin-related ETFs.

The stability of these assets will depend on whether the bulls manage to maintain the key support around the moving averages, which could define whether the bullish trend persists or if we will see corrections in the coming days. In addition, political announcements in the US, such as Kamala Harris' proposal
in favor of cryptocurrencies, could continue to influence the market.

This creates an interesting opportunity to analyze the viability of new futures positions, as well as to evaluate protection strategies such as the use of trailing stops

Neiro Breaks Up With Gotbit Following Allegations of Manipulation

Neiro has recently decided to break ties with trading firm Gotbit due to serious allegations of market manipulation. Gotbit has been singled out for allegedly altering trading volumes and manipulating the price of various cryptocurrencies for the benefit of third parties. Neiro has made this decision in an effort to maintain its integrity in the market and reinforce the transparency of its operations. This move could be a key point in its journey towards building trust between its investors and the crypto community.

Will this be an opportunity for Neiro to show its true potential in a clean environment?

ACCEPTING LOSSES WORKS
The Difference Between Using and Not Using Stop Losses in Futures

When trading futures, one of the most important decisions is whether or not to use a stop loss. This is your ally in risk management, and it can make the difference between protecting your capital or losing it all. Here's the difference:

Without Stop Loss: Imagine you enter a trade and the market moves against you. If you don't have a stop loss, you could lose a significant portion of your capital or even get liquidated. By not cutting losses in time, the risk of losing more than you had planned is very high.

With Stop Loss: If you use a stop loss, you accept a small, controlled loss rather than risking your entire capital. While it may seem frustrating to lose in the short term, this strategy allows you to survive to take new opportunities in the future. In the long term, by limiting losses, you'll be more likely to capture profits on the right opportunities.

Accepting small losses with stop losses is a key strategy to make more profits. It is better to exit a trade with a small loss than to risk a total loss. Remember, in futures trading, protecting your capital is the most important thing!

Trading Futures: More Risk, Higher Reward

Trading futures on Binance allows you to take advantage of short-term market movements, whether the market goes up or down. Unlike spot trading, futures allow you to trade with leverage, which amplifies both your profits and losses.

How does leverage work in futures? Leverage allows you to control a larger position with less initial capital. For example, if you trade with 10x leverage, a $100 investment gives you control over $1,000. However, the risk is also increased, as a small fluctuation in price can wipe out your position if you don't manage the risk properly.

Advantages and challenges:

Profit in bullish and bearish markets: Unlike spot, you can profit when the price goes down by opening a short position.

Higher risk: Leverage can lead to large losses if the market moves against you. Using tools like stop loss is crucial.

Study market movements, adjust your leverage and manage risk intelligently to maximize your opportunities.

Maximizing the Potential of Trailing Stops in Your Trading

The Trailing Stop is a powerful tool on Binance that allows you to protect your profits while following the movement of the market. Unlike the fixed Stop-Loss, the Trailing Stop automatically adjusts the trigger level as the asset price moves in your favor.

How does it work?
You set a percentage or amount that defines how much you want to "follow" the asset price. If the price moves favorably, the Trailing Stop adjusts, ensuring that if the market reverses, your position will be automatically closed to protect your profits.

Key Benefits:
Automation: You don't need to constantly monitor the market.
Profit Protection: Ensures your profits are maintained if the price starts to fall.

The Trailing Stop is ideal for volatile markets like cryptocurrencies, allowing you to take advantage of uptrends without losing sight of the risks.

The news about the sale of the 69,370 BTC seized from the Silk Road marketplace by the US government has sparked an interesting debate, especially given that Peter Schiff, a well-known Bitcoin critic, has used the situation to make a sarcastic comment about Michael Saylor. Schiff, who has been a crypto skeptic for years, seems to underestimate the growing value of Bitcoin as a long-term asset, while Saylor has been one of the cryptocurrency's staunchest proponents, with MicroStrategy accumulating large amounts of BTC as part of its investment strategy.

Such comments from Schiff are common and seek to underline his skepticism regarding the future of Bitcoin, but it is interesting to see how strongly the crypto community reacts, demonstrating the confidence many have in Bitcoin's long-term potential. While the sale of such a significant amount of BTC could lead to temporary volatility, in the long term, it seems that Bitcoin is well positioned, especially with the backing of influential figures like Saylor.

Stay on top of the situation if you are investing in Bitcoin, as the event could lead to short-term price fluctuations. However, this sale could be seen as a buying opportunity for those who are confident in Bitcoin's long-term growth.

Patience: Key to Success in the Crypto World

In the world of cryptocurrencies, patience is an often-overlooked virtue. We all seek quick profits and want to see our investments grow overnight, but the reality is that true crypto success is built over time.

Reflect

Every market has its ups and downs, and not every day will be a profitable day.
Staying calm and sticking to your strategies, even when the market seems against you, is what sets apart investors who survive and thrive.
Motivation for today: "Patience is not just the ability to wait, but how we behave while waiting."

Great rewards come to those who know how to wait and make decisions wisely, not hastily. Stay focused, keep learning, and trust the process. Cryptocurrencies are not just a game of luck, but of strategy and perseverance.

What do you think? What role does patience play in your investment strategy? Leave us your comments below and share your thoughts!

What is driving the crypto market growth in October?

Over the past few days, we have seen interesting moves in the cryptocurrency market, with some altcoins showing signs of recovery. As we move into October, investors are keeping an eye on key macroeconomic events, such as the US CPI data, which could significantly impact market sentiment.

Additionally, cryptocurrencies such as Eigen have seen considerable increases, with a 20% rise in the past 24 hours, which has caught the attention of many short-term traders. Such moves are a positive sign for those looking for scalping opportunities in the current market.

On the other hand, we are also seeing an increase in gas fees on the Ethereum network, which could have an impact on the cost of transactions and the adoption of second-layer solutions such as Arbitrum or Optimism.

What do you think? Do you think these moves suggest a long-term recovery or are they just temporary spikes? Share your thoughts in the comments and let's continue exploring the crypto market together.

The recent 20%+ increase in Eigen's price indicates considerable growth in a short period of time, which may suggest renewed interest in the project. Such moves are often due to important news, technological advancements, or speculative market behavior. However, such rapid and wide-ranging moves can also indicate high volatility, which can attract both speculators and more cautious investors.

Recommendation: Before making any investment decisions on Eigen, it would be wise to investigate the reasons behind this increase. If it is driven by a solid event, such as an improvement in the project's technology or a significant partnership, it could represent a good opportunity in the medium to long term. However, if it is driven solely by speculation, it is advisable to proceed with caution, as such increases can quickly reverse. It is suggested to wait for a correction or analyze whether the trend has solid foundations for a short-term investment.

BlackRock, the world's largest asset manager, has officially changed its view on Bitcoin, now considering it a global monetary alternative. BlackRock executive Jay Jacobs highlighted during a conference that unlike assets such as gold and US Treasury bonds, whose supply is controlled or limited, Bitcoin has a fixed supply, making it a unique store of value. Although still volatile, Bitcoin differs from the US currency by being a decentralized asset, similar to gold in terms of monetary reserve.

The presentation also addressed Bitcoin's volatility and its low correlation with other assets, such as the stock market, which makes it an interesting portfolio diversifier. Despite its volatility, this has decreased over time, indicating a maturation in the market. According to BlackRock's research, even allocating a small percentage of Bitcoin (between 1% and 5%) to a conventional portfolio could improve returns and adjust risk metrics, albeit with higher volatility and steeper drawdowns.

My view is that this stance by BlackRock reinforces the legitimacy of Bitcoin as an institutional investment asset, especially for portfolio diversification. The entry of a giant like BlackRock could attract more institutional investors, which could stabilize volatility in the long run and encourage its widespread acceptance.

The increase in gas fees on the Ethereum network to 68 Gwei is an indication that demand on the network has grown, which can be a result of an increase in transactions or smart contract execution. This phenomenon can be both positive and negative, depending on how you look at it:

Positives:
1. Increased network activity: An increase in Ethereum network usage can indicate renewed interest in decentralized applications (dApps), DeFi, NFTs, or other use cases that rely on the Ethereum blockchain. This could be a sign of recovery or expansion of the crypto market.

2. Potential increase in the value of ETH: If demand for transactions on the network increases, this could translate into increased use of Ether (ETH) to cover gas fees, which could put upward pressure on the price of Ethereum.

Negatives:
1. Higher costs for users: High gas fees may discourage small investors or those who use Ethereum for small transactions, as the cost of doing these operations could become prohibitive.

2. Competition from other blockchains: The increase in gas fees may push users to explore other blockchain networks with lower fees, such as Solana (SOL), Avalanche (AVAX), or Polygon (MATIC), which have gained popularity as cheaper alternatives.

My Opinion:
This increase in Ethereum gas fees is an indicator that the network is still heavily used, but it also underscores one of the most critical challenges it faces: scalability. Ethereum 2.0, with its migration to Proof of Stake and the use of sharding, seeks to solve this problem, but in the meantime, high costs could hurt smaller users and cause Ethereum to lose ground to other blockchains.