Trading Tip;
How to trade Breakouts!
This is Very important since we're in a Bull market and many coins are breaking out.
Breakouts are a popular trading strategy, but entering at the right time is crucial. I’ve lost money by entering too early or too late, so here are some tips.
A breakout happens when the price moves outside a pattern. For confirmation, wait for the price to close outside the pattern, as the initial move could reverse.
In some cases, like bull flags, you can enter early, but it’s riskier. It’s better to wait for confirmation and enter when the price is near the trendline or after a retest at key levels.
For fast-moving prices, especially during news-driven pumps, set bids at the 0.382 Fib level as the price retraces, with a stop loss below 0.618. Alternatively, enter at the breakout and set a stop loss just below the trendline.
Your stop loss affects your position size. For example, if your stop loss is 2% below, you can size your position 10 times larger than if it’s 20% below, while maintaining the same risk.
Hope this helps you make better trading decisions! Good luck!
It's that time again, to celebrate Bitcoin ATH's and keep the good spirit going, am giving away:
2x 3 month free memberships to my private educational community - The Flowzone
To qualify - like, RT and comment on this post, telling my why you'd like to join. Will be picking 2 random winners come the start of next week.
Good luck!
🤝
🎉GIVEAWAY TO CELEBRATE 500,000 FOLLOWERS🎉
I am offering 3 FREE annual subscriptions to my #Crypto newsletter ($480 value)
Rules of entry:
1. Like
2. Retweet
3. Signup to https://t.co/oefwt8NVnN
4. Comment "Done"
🎇 Winners chosen on 16.09 🎇
$BTC #BTC#Bitcoin
I made a checklist for an A+ PO3 setup that makes me $33k a month
It’ll show you which setup is A+
People sell courses on this for $5k
For the next 7 days, I'm giving it away for free
Like, RT & comment the word "checklist" and I'll send it for free (must be following to DM)
I just made a rating guide for the PO3 setup that makes me $33k/month
It'll teach you which PO3s are A+
People sell courses on this for $5k
But for the next 7 days, I'm giving it away for free
Like, RT & comment the word "Po3" and I'll send it to you (must be following to DM)
@TheZKNation There are users (me included) that fullfilled the "Active for more than 3 distinct months on ZKsync Lite before ZKsync Era mainnet" requirement and didn't get the point for it (even being eligible for token allocation). I suggest a proper check .
Ape Terminal IDO #21 🦍
BitBrawl - @BitBrawlio
BitBrawl has one of the highest player bases on Solana, with 150,000 registered players, before the token even goes live.
🟠1st platform fighter game on Solana, setting it as the first mover.
🟠Developed by a gaming studio with over 1.5B+ players.
🟠GameFi is one of the key narratives this cycle, and BitBrawl stands out as one of the first games on Solana, backed by real player interest.
With Solana primed for major upside and GameFi taking center stage this cycle, BitBrawl is positioned to become the leading name on Solana.
BitBrawl starts at just 9.5M FDV, with registrations now LIVE.
Sale opens NOW:
https://t.co/WHZU50lg07
Get ready for explosive growth in the #RWA sector.
BlackRock's entry signals 50-100x potential this year.
I scanned all RWA projects, and here are my 15 favorites 👇🧵
My 2024 Crypto Trading Playbook
Steal it and make it your own.
1. Mark out key structural levels on $BTC, your bull market trading revolves around this. Right now $60k is the level to hold.
2. Long $BTC breakouts when a key resistances break. Avoid shorts for now.
3. Scan altcoins, look for laggards waiting to breakout.
4. Rotate into altcoins.
5. Keep an eye on bitcoin, and exit altcoins at first signs of weakness.
6. Keep a list of the best performing altcoins, expect them to behave the same way during the bull run. Strong ones stay strong, weak ones stay weak. Study $SOL and $AVAX relative to other majors.
7. Continue longing until you see the market structure and sentiment shift.
Bonus:
Specialise in one or two narratives.
Gaming, AI, memecoins are easy to get into and understand right now.
Learn all the current major assets and upcoming projects.
Understand the community.
Know the space better than 95% of people.
Focus your trading on these altcoins and thrive.
Potential Airdrop + protocol fain 🎁
#undeimibagnasulinweb3
Proiectul asta ma incanta si vizual si functional. Functii de bridge si trade cross chain si analitice vizuale pentru ce se intampla pe lanturi din care poti sa vezi unde este sau merge hype-ul.
Nu au inceput inca programul de puncte, dar urmeaza. Deci o sa vina si AIRDROP.
Te inscrii folosind link-ul asta 👇
https://t.co/MWWQtLEXjL
Si apoi recomand folosirea protocolului pentru un eventual criteriu de use inainte de a implementa points system.
That's one i really like. Ultimul atat de placut mi s-a parut Ethena care e deja cel mai profitabil protocol din crypto. Abia astept si acolo rezultatul.
Daca iti plac prezentarile astea apreciez un like/retweet 🫡
The real correction in CRYPTO that will scare the s out of everyone will happen once US stock market starts pulling back.
No confirmation yet but look how the SP500 keeps pushing up forming higher highs while RSI makes lower highs - divergence.
Watch out for a close below 21 EMA and 50 level on RSI for confirmation.