Before Entering Into Crypto Market Must Set Your Mind And Start Journey With Proper Plan. Don't Do This Like Time Pass. Plan For How Much You Want To Earn Day, Weekly And Monthly.
2โฃ INVESTMENT....๐ธ
Second And Main Thing is Investment. Don't Trade With Borrowed Amount. Invest Only Which Is Not Your Personal Need. Don't Invest All Amount in One Signal.
3โฃ TRADE STRATEGIES.....๐
โพ๏ธ If You Have 100$ in Your wallet. Put 2-5% on One Trade. โพ๏ธย If You invested 4$ in One Trade Then invest in 3 Parts. ย ย ย ย 1 Entry- 2$ ย ย ย ย 2 Entry-1$ ย ย ย ย 3 Entry-1$
If Trade Hit First TP Move Stop Loss To Third Buying โ
6โฃ STOPLOSS ๐ซ 5%
If your levrage is 1X 5%, If it's 10X 50%, If it's 20X 100%.... and on.
๐๐๐ง๐ข๐ ๐๐๐ฅ๐ฅ๐๐ซ๐ฌ ๐๐ฅ๐ฐ๐๐ฒ๐ฌ ๐๐ฎ๐ญ ๐๐ญ๐จ๐ฉ ๐๐จ๐ฌ๐ฌ. if You are Trading With Proper Risk Management Then Stop Loss is Not Necessary.
7โฃ RISK MANAGEMENT...๐
If You are Not Be Able To Trade with Proper Risk Management Then Definitely You will Loss every thing. Always Trade with 2-5% Risk not More.
8โฃ HOW MANY TRADES?
Only Entre into 2-4 Trades Not More. if You entre into to much calls Then Definitely Your portfolio Liquidate if MARKET comes Down. so Always Try To Trade only on Few Calls.
9โฃ WHY PANIC....?
Don't Panic In any Situation. If You Follow all Uper rules. Then Definitely Sudden Dumps Never Affect Your Portfolio.
Must Work With Patience. Increase Your Patience level and decrease your Greed level. Don't Be Greedy in This Market. Earn Something Daily Don't Think To Be A Billionaire in One Night.โ๏ธ
Bitcoin is consolidating within a descending channel and is currently trading below the channelโs resistance trendline. The Ichimoku Cloud is also acting as a resistance barrier, reinforcing the bearish pressure.
A strong breakout above both the channel and the cloud would signal a bullish rally in the market. Keep a close eye on upcoming price action for confirmation.
4 reasons why the crypto market might rise from here:
1. A flag pattern playing out for the third time in a row is less likely. 2. Possibility of a temporary peace deal. 3. BTC has never had 7 red months in a row (a green month is coming). 4. Rising OI and high short positions.
We sold everything at the peak, and now weโve started some spot buying at a really good discount.
#TOTAL gave a goof reaction from the supporting trendline but eventually break of it too. Index dropping lower showing overall market is wiping out dollars. Sentiments are mixed so need to wait for something more clean price action.
The US Dollar is currently trading below a key horizontal supply zone, with the Ichimoku Cloud acting as a support beneath the price.
A strong breakout above the supply zone could trigger an upward rally. However, a rejection from this level remains possible, so closely monitor the price action for confirmation.
Itโs also crucial to factor in the inverse relationship between the US dollar and the cryptocurrency market, as shifts in one often impact the other.
Bitcoin has broken down from the symmetrical triangle pattern with strong volume confirmation. Currently, it is holding above the horizontal demand zone, suggesting short-term support.
A retest of the triangle breakdown level is possible from here. However, if the demand zone fails, it could lead to further downside correction in the market.
Bitcoin is trading above the horizontal support zone of an ascending triangle pattern, holding within a strong rectangle range. The 200MA is acting as a key resistance barrier above the price.
A breakout above the 200MA could trigger a bullish rally in the market. However, a breakdown below this strong support zone may lead to a deeper correction.
The total crypto market cap is currently trading within the horizontal demand zone of a descending triangle pattern. The Ichimoku Cloud is acting as a resistance barrier, indicating bearish momentum.
A breakdown below the demand zone could trigger further downside in the market. However, a bounce from this level is also possible, so keep a close watch on price action for confirmation.
$ONT gave ALL TIME LOWS few days ago and following the downtrend channel pattern. The price rejected strongly from the resistance line and dropping hard. Price can easily going lower and taking shorts can be good here, with strong above swing highs.
Price is currently trading within a downtrend channel, showing no signs of strength. Support lies around the $0.97 level, where a bounce is anticipated.