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Leveragetrading

Important for any new futures traders!Going to keep this simple here. The price of bitcoin has sky rocketed these past few months. During the spring & summer time a few hundred dollar move in price would be crucial! Now the price of BTC is lingering around 50,000. Those small movements that where only a few hundred dollars are now thousands. 👉 My point here is that anyone using anything above 5x Leverage is critically risking there portfolio. 💀These shake outs & wicks are future traders death call. 📈 Lets took a look just recently when BTC had closed above its critical resistance level at around 49,400. Many individuals had purchased or over leveraged thinking price will move up after confirmation. (Bull trap) On average the price shifted down about 3%. Anyone more then 20x leverage would have for sure gotten a margin call or suffered liquidation. 👇👇👇 My point is price is too high for individuals to think that over leveraging will yield them higher returns. Trade futures with risk management and the correct way. The reasons exchanges offer up to 100x leverage is so they can make money.
BITSTAMP:BTCUSDEducation
by BigLava
8
Kyber network stuck in a range KNCKyber network on both the BTC and USDT chart has had some serious sell off over the past few months and has been stuck in a nice range for a few weeks on the USDT chart. Im expecting to see a descent pause on the KNC/BTC chart and a short term recovery to reclaim some previous liquidity zones. If we see that reversal or recovery on the sat chart and BTC holds its current position and consolidates for a week or so i expect to see the KNC/USDT chart have some huge upside for a while. Looking to enter long on low leverage from the demand block at the bottom of the range but its a critical point ill be watching closely. If it breaks this bottom im out as the trades invalidated. Looking to manage the trade at the supply block at the top of the range and then again at the smaller resistance level around 1.186 heading into that previous consolidation. still a good 7:1 trade catching the bottom of this range so worth a shot for my style of trading.
Long
by DeNomics
ALGO seems programmed to hit 0.5 before new highsDisclaimer: This is not financial advice High leverage trading is all about entries, you need to have patience and to not let fear of missing out drive you into opening rushed positions. Map out your trades in advance and wait for the right entry. Our aim is to capture quick & safe profits, not to predict the future, this is possible only if we plan ahead and wait for a good entry. So if you're nervous and itching to open a position then take a few deep breaths and don't trade! ALGO is overall bullish, but if this descending triangle is going to be completed then we should see it test the lower trendline of the triangle which would put the price around 0.5. This pretty much sums up my short term outlook of ALGO and is confirmed also by the algobtc chart where price is testing resistance. Entry: 0.635-065 SL1: 0.65 TP1: 0.51
BINANCE:ALGOUSDShort
by zerobounds
1
Flipping bullish, predicting the future again Following yesterdays chart watching key fib levels, I believe we're turning bullish. Stop Loss - @ 11500 - Move to entry as accordingly Take Profit - 1st @ 11620 - 2nd @ 11730 ------------------------------------------------------------------------------------------ 🏆 If you found this chart helpful 🏆 Please show your support, by hitting the 👍 LIKE button Feedback is always welcome in comment section! Your Support is very much appreciated! 🙏
BITFINEX:BTCUSDLong
by BTCyeti
TOMO LEVERAGE SHORTHere is a potential short, but has a lot of variables for it to work out. Since we are playing with leverage, I suggest using a small amount of capital and not using more than 5x-10x. The chart is showing a double top at the $1.158 area. For this short to work out we need BTC to have a correction from $10,000. If BTC decided to correct, we can expect for the TOMO-BTC pair to also have a major correction. Since May TOMO-BTC has went up 250%, if BTC drops in price and TOMO-BTC price drops as well, we can have an accelerated drop in TOMO-USD, making this short really tempting. As I said, there are too many variables for this play to work out, be careful when playing with leverage.
FTX:TOMOPERPShort
by dmen626
DASH making a DASH back to the starting line??DASHUSDT I’m seeing a potential further drop for DASHUSDT here. We have failed to break above the 50 line within the current downtrend channel and are currently sitting around support. What concerns me is that this level has often lead to a change in direction multiple times in the past and lead to a fairly decent long run, however, these runs have been getting shorter and short every time. So in that case, has dash made it’s final dash…? The long out of this zone in the past has been fairly instant but the moment we haven’t seen any bulls come in to save the day within the last 24 hours so this leads me to maintain a bearish bias on this one. I want to see a break of support and retest which clear the wicks to the left before I open up a short back to previous structure for a possible 8% market move.
Short
by TradeTravelChill
XRPUSD going back to the MANIPULATION WICK!XRPUSD Don’t really like picking tops but this looks text book. It’s already taken a few stabs at the current supply block and rejected off. I’m hoping for one more attempt before a big sell off simply because we have moved up over 75% since the last low. We are also overbought on the RSI so everything is looking primed for a short soon. If we reject off the supply block, it’s worth a small scalp to the 200EMA and resistance area for an 8.4% profit. At this area I will then be looking for a cross below the 200EMA as well as break in trend line to stay in my short with multiple take profit areas along the way. It is unlikely I will take a long if we break above the supply zone simply due to the fact we’ve had a 75% run up.
BITMEX:XRPUSD.PShort
by TradeTravelChill
7