Day4

Day 4 of 100: How to Identify Profitable Trades on Binance

To make money in trading, you need to spot opportunities—trades with high potential and low risk. Here are 3 beginner-friendly tips to identify profitable trades:

1. Look for Breakouts
When a coin breaks out of a strong resistance level, it often continues upward.
Example: If BTC breaks above $70,000 after failing to cross it several times, that’s a bullish sign.

2. Use Volume to Confirm Moves
A price rise with high trading volume = stronger move.
Low volume = weak move (can easily reverse).
Always check volume when you see a breakout or sudden drop.

3. Follow the Trend, Don’t Fight It
“The trend is your friend.”
If the market is clearly bullish, look for dips to buy.
If it’s bearish, look for pumps to sell or short.

Bonus Tool: Binance “Hot” Tab
Check the Top Gainers list on Binance to see which coins are getting attention. But don’t jump in blindly—do your analysis first!

Tomorrow’s post: "Using Technical Indicators to Confirm Your Trade"

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#ProfitableTrades #CryptoTips #binancetrading

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🔊..ETH is dropping more than BTC

Many people are buying ETH, thinking this is the bottom and it will bounce back.

But if too many buy, Market Makers might trick them and push the price even lower.

For long-term holding, $1500-$1600 is looking good at the entry point.
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