FortuneAI

FortuneAI Updated 

#BTC formed Bear Flag on Hourly Timeframe Wait for Breakdown and Retest Confirmation! Happy Weekend

FortuneAI

1) Does not Journal They do NOT journal and proceed to continuously do the SAME thing day in day out expecting different results each time 2) FOMO Proceeds to see someones open position on social media Form a bias from that and open a trade based upon the individuals setup without any research 3) NO reasoning Proceeds to stutter and talk nonsense if...

FortuneAI

1. Reduce position size The biggest stressor for traders is losing money. If you're worried about how much you could potentially lose then using smaller position sizes can help you stay level headed Even the best traders don't have a 100% hit rate. Losses will happen 2. Find high quality set ups If nothing jumps out at you the first 10 seconds you look...

FortuneAI

I breakdown some common trading misconceptions and how I conquered them 1) There is no "best strategy" Strategy is one relatively small part of trading success, most strategies can be profitable other variables such as discipline and emotional control will determine whether you see success. 2) Get comfortable losing If you are comfortable losing (within the...

FortuneAI Updated 

#XRP Breakout and Retest Trade Carefully and Keep an eye on BTC

FortuneAI

#BTC moving inside a symmetrical triangle pattern Major PA and liquidity zones are also mentioned on the chart, be careful from fakeouts

FortuneAI

Hey Friends, let's dive into the captivating world of bull and bear traps. These traps can be quite the wild ride, so buckle up and get ready for some trading knowledge! A bull trap, my friends, is a sneaky maneuver by the market. It lures unsuspecting traders into believing there's a bullish breakout on the horizon. But guess what? It's a trap! The price quickly...

FortuneAI Updated 

#FET formed falling wedge pattern on 4H timeframe! Keep an eye on it and wait for proper confirmation

FortuneAI Updated 

ARB testing trendline resistance on 4H Timeframe, Wait for breakout and retest or rejection before LONG or SHORT

FortuneAI Updated 

#LTC Head & Shoulders Pattern on 4H Timeframe Keep an eye on it

FortuneAI

BNX testing trendline resistance on dailytimeframe! Wait for breakout and retest confirmation or rejection before LONG or SHORT

FortuneAI

#INJ still holding trendline support on daily timeframe! Wait for Breakdown or Breakout or Breakout with proper retest

FortuneAI

RAD broke out falling wedge on 4H timeframe, Wait for retest confirmation

FortuneAI

#LTC needs to break 100$ resistance zone for pre halving rally Keep an eye on this zone

FortuneAI

Drawing trendlines is an art and a science. Identify at least two swing highs or lows and connect them with a straight line. More touches = stronger trendline. Use log scale for long-term charts. Remember, trendlines are not exact, but a guide for potential support/resistance Are you ready to take your trading skills to the next level? Today, we're diving into...

FortuneAI Updated 

#BTC LTF Update (15m) BTC trying to form inverse Head & Shoulders pattern, Keep an eye on it! Also focus on macro catalysts, Trade Carefully

FortuneAI Updated 

#FTM breakdown and retest Be prepared for FOMC, use proper risk management and keep an eye on #BTC

FortuneAI Updated 

LQTY formed bearish pennant, wait for proper breakdown with retest confirmation before SHORT!