I took profits on longs for today . Made 112% just by scalping with 10x leverage. Learn to trade small ranges and take profit aggressively . It’s not that hard
Then how to Differentiate a "Real Breakout" from a "False Breakout"?
We need 4 parameters:
1) A Big Breakout Candle
2) Quick Time (the price shouldn’t move in small candles after breakout)
3) Absence of Selling
4) Good Volume
(9/N)
Breakout Trading is the most underrated trading technique in the trading community!
Every trader (intraday, swing, positional, or scalper) should know how to differentiate between a genuine breakout and a false breakout.
Do you know why?
Read this thread!
(1/N)
$BTC Sunday update:
I'm happy to see that the previous Sunday update played out by filling the liquidity pool with that dump so here it's our projection for this new week
I'm expecting them to fill this imbalance this week so I'm favoring longs at the moment. Let's zoom out:
1)
The $BTC technicals are pretty straightforward.
$20,700 is critical support. $22,500-$23,500 is resistance.
Lose $20,700, and $19,000 is next.
#Bitcoin
Retired from business -> started crypto -> made tons of money-> invested all in businesses out-of-crypto -> made passive income -> retired from crypto.
Started to feel bored with the current situation and will return to day trade crypto and present all trades live 💯
VOLUME is the ultimate Trading cheat code.
But, most people never use it in the right way – because no one ever taught them how.
Here are 10 psychological triggers to knowing Volume in a better way :
Tbh I don't have a lot of long-term bags, the ones that I have shared with you like #Polkadot are the only ones that I feel comfortable that I can continue to accumulate in bad times.
There are a lot of hyped projects out there, with high FDV and without any kind of innovation.