#BTC UPDATE On the daily timeframe chart, #BTC is still advancing inside the wedge pattern and is currently situated above a major trendline. A potential bullish rally of about +20–25% might be anticipated if Bitcoin maintains its position above the trendline and successfully breaks out from the wedge to the upside. However, a bearish rally towards 21.5k may...
Hello traders, today we will talk about EMOTIONAL STATES OF A TRADER #1 Optimism – Everything starts with a positive outlook or a hunch that will lead traders into buying a stock. #2 Excitement – Things start to move the way we want them to you feel giddy because of it. This is where we start hoping and anticipating that we are possibly making a success story...
ETH Technical Analysis: From a long-term perspective, ETH has often been bullish when trading inside the blue rising broadening wedge. Currently ETH is trading at 1740$ which is a strong level of support, we are expecting a good bounce up to the upper level of this falling wedge and if it breakout this pattern then we can see some good bounce according to the...
Good day, traders. I'd like to use this opportunity to advise both new and experienced traders alike that holding (hodling) your position is not recommended beyond a certain point. According to percentage calculations, the return required to recover to break-even increases at a considerably faster pace when losses grow in size (due to compound interest). It goes...
Hello traders, today we will talk about WHY TRADERS LOSE MONEY BIAS WHAT IT MEANS… HOW IT INFLUENCES TRADERS Availability People estimate the likelihood of an event based on how easily it can be recalled. Traders put too much emphasis on their most recent trades and let recent results interfere with their trading decisions. After a loss, traders often get...
Hello new traders I want to give some tips for new traders, This is bases on my mistake that I have done in the start of my trading journey 1. TREAT TRADING SERIOUSLY If you want to become a professional trader, you must approach it with the rigour it demands. You can't live the millionaire lifestyle with a 9–5 work schedule, as I have stated on...
Today, I want to provide with you an essay that will clarify just how far you should push your trading perfectionism. There is no ideal trading technique, to put it succinctly and painfully. Losses will be a part of life. Yes, there are High Frequency Trading (HFT) outfits that have been producing successful days after successful days for the past five years, but...
Hello traders, today we will talk about how to manage your life and trading Hey! When we all started, we encountered some trading challenges. These issues typically arise in the first year of trading. By year's end, the majority of traders had lost all of their money and had given up forever. In essence, this was brought on by excessive trading and a lack of...
Binance Coin (BNB) Technical Analysis: BNB is trading at 278$ which is a strong level of support, we are expecting a good bounce up to the upper level of this symmetrical triangle and if it breakout this pattern then we can see some good bounce according to the pattern. we have 353$ and upper resistance of this rising channel 510$ or all-time high It can offer...
#BTC WEEKLY UPADTE In the weekly time frame, BTC is having the support of this 200MA but MACD crossover and sowing a bearish move. As we can see in the chart in the last 3 times when MACD did a bearish crossover then BTC drops hardly so this time too we may see some fall in the price. For more Quality Charts Analysis, follow us. I'm grateful.
Hello traders, today we will talk about THE COMPLEXITY OF TRADING THE FIRST DECISIONS ABOUT YOUR TRADING STRATEGY People who are unfamiliar with the financial sector may find it daunting to have to respond to several questions before they can even make their first trade. However, because each element and idea is interconnected with the others, leaving out even...
Good day to all. Don't forget to support the idea with a like and follow if you like it. #OCEAN/USDT Trade setup OCEAN breakout this symmetrical triangle pattern and currently retesting it according to this pattern we can expect some good bounce if every things goes good. (Basic knowledge) A symmetrical triangle is a chart pattern characterized by two...
#XAUUSD UPDATE GOLD make this descending channel at hourly time frame. The local trend and correction may be stopped by a breach of the descending channel resistance, and the price may then begin an active strengthening move towards the level 1984, 2000, and 2025. Significant backing: 1950, 1940, MA-50 MA-200, 1960, and trend resistance are significant...
#LTC UPDATE LTC is creating a symmetrical triangle pattern in this daily time frame (basic about symmetrical triangle pattern) A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope. Trend lines that are converging...
#BTC UPDATE On 12H, BTC is about to break out of a lengthy falling wedge. The MA 100 and the Ichimoku cloud are both providing resistance to the descending wedge. A firm breakout of the falling wedge would indicate a significant bullish rally in the market at this time, when the price has retested above the horizontal support. Let's understand deeply Bitcoin...
Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities. Consider following me for the latest updates and Long /Short calls on almost every exchange. I post short mid and long-term trade setups too. Let’s get to the chart! I have tried my best to bring the best possible outcome to this chart, Do not consider...
#ETH UPDATE ETHUSDT is in an upward trend that is constrained by resistance and support. The local resistance that has been holding back the cryptocurrency pair for a while was shattered yesterday. The pair departs the range when the price breaks the MA-50, and it then establishes a consolidation above the line following another testing of the barrier. The...
Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities. Consider following me for the latest updates and Long /Short calls on almost every exchange. I post short mid and long-term trade setups too. Let’s get to the chart! I have tried my best to bring the best possible outcome to this chart, Do not consider...