If you are thinking of buying a currency and want to know if whales have opened a Long position on your currency or a Short position, then this light article is for you. First: through the Hyperdash website
Second: click on Start or Get Started
You will see many currencies, choose any currency you want to know the details of open trades on, and we will take the currency $DOGE as an example.
In any dip, try to take advantage of the currencies that I have alerted you to before, in addition to this currency which is $HBAR
Suitable for spot traders only and not for futures, as its volatility is high. You can enter in any dip and set your stop loss at 0.17690 and your target at 0.24
I repeat, this is for spot traders only, and if you are subscribed to me privately, I hope you adhere to what is published there and only that. I am trying to highlight the most distinguished currencies like the previous times when I alerted about TAO.
If you open the daily frame for the currency $BONK , you will find that it is based on a historical support level that it tends to rise significantly as it approaches.
It is now close to this support, so will history repeat itself? By the way, this historical support has been there since 2022, and every time the currency drops to it, it rises.
This does not mean you should go and buy it; I am just giving you hints and signals about some currencies, and you need to do more research because no one will care about your capital except for you.
Make a plan for yourself lasting a full year, taking into account the following:
🟢 Execute one trade a day or several trades; the important thing is that your profit at the end of the day is only 1% of your capital.
If you continue with this small profit, by the end of the year, you will have a good capital.
🟢 Any trade you enter must have an expected profit that is at least double the loss. For example,
If a currency costs 1 dollar and you enter a Long position on it, when you calculate the expected profits if the trade is successful, you find that your profit is 20 dollars, so you must calculate that the expected loss should only be 10 dollars. $BTC
For everyone asking me about the currency $ZEC , this is definitely not the time to buy.
The currency has risen from $63 to over $400 in a very short time, and I don't believe this increase is due to its project being special or because of its community.
There are whale wallets that still control it, but there will come a moment when these whales will abandon it, and its fate will be the same as any currency that follows this behavior.
Don't be fooled by its rise and don't buy from the peak.
One of the biggest mistakes that the majority make is entering into too many trades daily and tracking every movement of Bitcoin without a plan.
Take your profits yourself before the market takes them from you; selling early is not a weakness, which is why I advised you yesterday to exit the Ethereum trade after it rose 1R and to be satisfied with the current profit.
I hope we can focus well, Bitcoin $BTC is on an upward trajectory, but the currency's behavior is weak due to the massive sell-offs that occurred today.
The weekly close must be above 115 thousand to say that the currency's structure has become solid; otherwise, I believe it will rise to 109,400 or perhaps even 112, but then it will drop between 103 / 98
Ethereum vs Bitcoin $BTC is still holding, and Bitcoin's dominance remains weak.
We are supposed to see a rise in altcoins in the upcoming period.
We entered the private channel with 3 trades yesterday, and today there will be new opportunities depending on market behavior as Bitcoin is very close to its strongest and last support in this area.
It is essential to hold above 108, and if it drops below, it should rise quickly above it to maintain the upward trend and move up to 114/117 thousand.
Depending on market behavior, today's plans and opportunities will be made.
So far, Bitcoin is moving according to what was planned since yesterday.
Tips:
There has been massive liquidity formed on both sides, either above between 116/118 or below at the price gap 111.132.
I believe it will hit the liquidity above and below, so I hope you pay attention to this matter.
As we agreed yesterday, we should see a bullish candle that deceives traders into entering more buy positions, then suddenly it will drop to fill the price gap at 111.132.
Although the daily closure is negative, the situation is different this time.
The Federal Meeting and news of interest rate cuts will create a state of FOMO (fear of missing out) and the market could rise above 116 again, but it will just be a deceptive candle.
As we are used to, we want to benefit and take advantage of both trends in our favor.
This chart that I drew a few hours ago is what I believe will happen in the coming days.
Good luck, I have alerted here about several currencies and thankfully they have risen in the past few days. Today, in private, I published numerous attempts at trades on Ethereum, gold, and PEPE, and the final outcome was good, thank God.
I hope this chart helps you and clearly and easily shows you what could happen.