Support (Buy Zone)**: **$99,705** → If broken, drop to **$89,294** likely. - **Resistance (Sell Trigger)**: **$108,316** → If broken, rally to **$111,696+** expected. - **Current Price**: **~$103,500** (testing mid-range).
#TradingTypes101 #btc ### 🧠 **2. Strategy-Based Trading** - **Momentum Trading**: Follows strong price trends (e.g., using RSI or moving averages) until momentum fades . - **Algorithmic Trading**: Automated systems execute pre-programmed strategies (e.g., arbitrage, trend-following) . - **Arbitrage**: Exploits price differences of the same asset across exchanges (e.g., buying low on Exchange A, selling high on Exchange B) . - **High-Frequency Trading (HFT)**: Subset of algo trading executing 1,000s of orders/sec for micro-profits .
Tesla suffered **significant financial losses** due to the public feud between Elon Musk and former President Donald Trump, primarily through a massive drop in its market value and ongoing regulatory risks. Key impacts include: