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Key Steps for Coin Selection in Spot Trading
1️⃣ Volume and Liquidity – If the 24-hour volume is high (50M+ USD), the spread is low, making trading easier.
2️⃣ Trend Analysis – Check for uptrend or range on 1 day/4 hour chart.
3️⃣ Support-Resistance – Determine entry/exit zones.
2️⃣ Trend Analysis – Check for uptrend or range on 1 day/4 hour chart.
3️⃣ Support-Resistance – Determine entry/exit zones.
Hi guszs i am new here i don't have experience i only spot these lil amount ? sugest me what should i do next????
#Spots #CryptoReboundStrategy
#Spots #CryptoReboundStrategy
🚀 guys Meme Coin Alert: $DOT Going to the Moon! 🚀
Coin: $DOT
Content: Sell/Short 💥
📈 Trading Plan:
Sell Zone: $7.34(If the price fails to break above this resistance level)
Target 1: $7.00
Target 2: $6.80
Stop Loss: $7.50
🧐 Analysis:
1️⃣ Support at $7.11, break below could lead to further declines.
2️⃣ RSI: 45, indicating bearish trend.
3️⃣ Resistance at $7.34, price failure to break may lead to further downtrend.
4️⃣ Volume: Decreasing, indicating weakening buying interest.
#Spots #Polkadot #CryptoAnalytics #BearishTrend
Coin: $DOT
Content: Sell/Short 💥
📈 Trading Plan:
Sell Zone: $7.34(If the price fails to break above this resistance level)
Target 1: $7.00
Target 2: $6.80
Stop Loss: $7.50
🧐 Analysis:
1️⃣ Support at $7.11, break below could lead to further declines.
2️⃣ RSI: 45, indicating bearish trend.
3️⃣ Resistance at $7.34, price failure to break may lead to further downtrend.
4️⃣ Volume: Decreasing, indicating weakening buying interest.
#Spots #Polkadot #CryptoAnalytics #BearishTrend
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