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Spot

Spotify Analysis 28.08.2021Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next days/weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I would also appreciate, if you would smash that like button and help me to create more free analysis like that. Thank you for watching and I will see you tomorrow!
NYSE:SPOT
by basictradingtv
Spot Trading vs Margin Trading Pros and ConsSpot Trading is the most basic form of trading method and is the most suitable for beginners in trading. It's simply a BUY > HOLD > SELL mechanism. On the Other Hand Margin Trading is complicated and should only be done by experienced traders. There are various components to margin trading such as Maintenance margin, margin calls, leverage, and liquidation. Pros and cons of Spot Trading 👉Spot trading is easy to learn and understand and is a good starting point for beginners in Trading. 👉It's an easy process to manage risk in spot trading not taking all the complications of liquidation or margin calls. 👉You can hold an asset for a much longer time and in the case of cryptocurrency can also transfer to any cold wallet. 👉No Trading happens during downtrends. 👉The potentials gains are not very good on a smaller investment amount. Pros and cons of Margin Trading 👉Margin Trading needs some advanced knowledge of various things such as margin calls, liquidation, leverage, etc. Hence it's not recommended for new traders. 👉You can make profits on both uptrends(by going LONG) and downtrends(by going SHORT). 👉Gives an ability to trade much larger amounts with a relatively small initial investment by using leverage. 👉Margin Trading is risky, and if not done properly can blow your account in a very short time span. 👉Profits are higher when utilizing margin trading, and so are the losses. Every exchange has its own rules for margin trading, which need to be understood carefully before investing. Thanks for reading and what kind of trading technique do you use and why? Share in the comments below. For more similar educational ideas, scripts and trend analysis follow us. Happy Trading.
Editors' picks
Education
by Tuned_Official
22
$CHR/BTC 4h (Binance Spot) Falling wedge near breakoutChromia has formed a bullish pattern and looks ready to break-it, but we may see a last pull-back to 100EMA first. Current Price= 0.00000871 Buy Entry= 0.00000838 - 0.00000806 Take Profit= 0.00000926 | 0.00001012 | 0.00001132 Stop Loss= 0.00000739 Risk/Reward= 1:1.25 | 1:2.29 | 1:3.73 Expected Profit= +12.65% | +23.11% | +37.71% Possible Loss= -10.10% Fib. Retracement= 0.618 | 0.893 | 1.272 Margin Leverage= 1x | 2x Estimated Gain-time= 2 weeks
Long
by TradingOn
$SPOTA lot has happened to Spotify during the last year. The stock soared over 165% and reached $364 in February. Since then, the stock price has declined by over 40% since. Spotify continues its global dominance, adding 27 million net subscribers between Q1 2020 and Q1 2021, more than any other single service. However, it lost two points of market share over the period because its percentage growth rate trailed that of its leading competitors. \ Google was the fastest-growing music streaming service in 2020, growing by 60%, with Tencent second at 40%. Amazon continued its steady trajectory, up 27%, while Apple grew by just 12%. But moving onto the technical side of things. Spotify is a classic example of previous resistance now acting as support. Price closed on a hammer on the weekly. MACD curling w/ the RSI above 50. Keep this on your watchlist.
NYSE:SPOTLong
by TheBlankFund
RVNUSDT Technical Analysis Welcome back Traders, Investors, and Community! RVNUSDT has broken above the Flag and after the retest it would go higher. Pullback is expected. ⬆️Buy now or Buy at 0.14190 ⭕️SL @ 0.13390 ✅TP1 @ 0.15950 ✅TP2 @ 0.17000 ✅TP3 @ 0.18500 ✅TP4 @ 0.19990 Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️ Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. We will have more FREE forecasts in TradingView soon Have a Profitable Day
Long
by Fibonacci-Signals
6