TradingParis101
1,127 views
30 Discussing
Hot
Latest
#TradingParis101
It is likely refers to a basic or introductory level of financial trading, possibly within the context of the Parisian stock market ,Trading, in general, involves buying and selling financial instruments like stocks, bonds, or currencies with the goal
It is likely refers to a basic or introductory level of financial trading, possibly within the context of the Parisian stock market ,Trading, in general, involves buying and selling financial instruments like stocks, bonds, or currencies with the goal
BTC/USDT
Buy
Price/Amount
105,528.3/0.00009
#Tradingparis101
🔁 It's all about pairs in trading!
In crypto, you don't just trade coins—you trade pairs. Choosing the right pair can mean the difference between profit and loss. In my portfolio, I use strategic pairs such as BTC/USDT, HBAR/USDT, and SUI/BTC.
Why does it matter? Because each pair reflects a different market dynamic. An asset may decline against USDT but rise against BTC. That's why I analyze not only the coin but also the pair.
📊 The result? +31.47% portfolio performance and clearer trend-based decisions.
Those who understand pairs understand the market better.
#TradingParis101
🔁 It's all about pairs in trading!
In crypto, you don't just trade coins—you trade pairs. Choosing the right pair can mean the difference between profit and loss. In my portfolio, I use strategic pairs such as BTC/USDT, HBAR/USDT, and SUI/BTC.
Why does it matter? Because each pair reflects a different market dynamic. An asset may decline against USDT but rise against BTC. That's why I analyze not only the coin but also the pair.
📊 The result? +31.47% portfolio performance and clearer trend-based decisions.
Those who understand pairs understand the market better.
#TradingParis101
Latest update on Bitcoin (BTC) as of June 6, 2025, based on current market data
Here is the technical analysis, and macroeconomic factors:
⚡ 1. Current Price & Market Performance
- $BTC Price: ~$103,000 (down ~4% in 24 hours; ~7.5% below its May all-time high of $111,814) .
- Market Cap: $3.33 trillion (down 4.1%) .
- Key Support Levels:
- Immediate: $100,000–$101,000 (psychologically critical) .
- Stronger: $95,000–$97,000 (accumulation zone) .
- Resistance: $107,000 (must break to invalidate bearish trend) .
📉 2. Drivers of Recent Downtrend
- Profit-Taking: Long-term holders are realizing profits after BTC's rally, creating selling pressure .
- Technical Breakdown: Bearish "head-and-shoulders" pattern identified, targeting $95,500 if $100K support breaks .
- Institutional Cooling: Bitcoin ETF inflows slowed significantly (June 4: only $87M vs. previous weeks) .
- Macro Uncertainty: U.S. jobs report (due today) may influence Fed rate decisions; weaker data could boost BTC, while strong data may push it toward $102K or lower .
- Liquidations: Over $595 million in leveraged positions liquidated recently, amplifying volatility .
🏦 3. Institutional & On-Chain Insights
- ETF Holdings: Institutional BTC exposure fell 23% QoQ to $21.2B (primarily due to price decline, not mass selling) .
- Supply Squeeze: BTC on exchanges dropped below 11% (lowest since 2018), signaling long-term accumulation .
- Corporate Demand: Firms like MicroStrategy added 15,355 BTC in April, totaling ~1.98M BTC held publicly .
📊 4. Technical Indicators
- RSI: Short-term RSI (6) at 25.23 (oversold), suggesting potential bounce, but broader trend remains weak .
- MACD: Bearish crossover, indicating sustained downward momentum .
- Liquidity Clusters:
- Downside risk: $92,230 (high long-liquidations) .
- Upside catalyst: $117,775 (short-squeeze zone) .
🔮 5. Future Outlook
- Bearish Short-Term: Consolidation expected between $95K–$107K; break below $100K may trigger panic .
- Bullish Catalysts:
- ETF Resurgence: Institutional inflows could drive BTC to $115K by early July .
- Halving Cycle: Historical patterns suggest BTC is still in "growth phase" (not bubble), with $180K possible by late 2025 .
- Macro Tailwinds: U.S. debt concerns, potential Fed rate cuts, and institutional adoption may fuel next rally .
💎 Conclusion
Bitcoin faces short-term headwinds from technical breakdowns and profit-taking but retains strong fundamentals for long-term growth. Today's U.S. jobs report will be pivotal for near-term direction. Key levels to watch:
- Bullish confirmation: Break above $107,000.
- Bearish trigger: Close below $100,000.
> This cycle differs from past bull runs with sharper corrections and institutional dominance. Patience and focus on macro drivers are key.
#TradingParis101
⚡ 1. Current Price & Market Performance
- $BTC Price: ~$103,000 (down ~4% in 24 hours; ~7.5% below its May all-time high of $111,814) .
- Market Cap: $3.33 trillion (down 4.1%) .
- Key Support Levels:
- Immediate: $100,000–$101,000 (psychologically critical) .
- Stronger: $95,000–$97,000 (accumulation zone) .
- Resistance: $107,000 (must break to invalidate bearish trend) .
📉 2. Drivers of Recent Downtrend
- Profit-Taking: Long-term holders are realizing profits after BTC's rally, creating selling pressure .
- Technical Breakdown: Bearish "head-and-shoulders" pattern identified, targeting $95,500 if $100K support breaks .
- Institutional Cooling: Bitcoin ETF inflows slowed significantly (June 4: only $87M vs. previous weeks) .
- Macro Uncertainty: U.S. jobs report (due today) may influence Fed rate decisions; weaker data could boost BTC, while strong data may push it toward $102K or lower .
- Liquidations: Over $595 million in leveraged positions liquidated recently, amplifying volatility .
🏦 3. Institutional & On-Chain Insights
- ETF Holdings: Institutional BTC exposure fell 23% QoQ to $21.2B (primarily due to price decline, not mass selling) .
- Supply Squeeze: BTC on exchanges dropped below 11% (lowest since 2018), signaling long-term accumulation .
- Corporate Demand: Firms like MicroStrategy added 15,355 BTC in April, totaling ~1.98M BTC held publicly .
📊 4. Technical Indicators
- RSI: Short-term RSI (6) at 25.23 (oversold), suggesting potential bounce, but broader trend remains weak .
- MACD: Bearish crossover, indicating sustained downward momentum .
- Liquidity Clusters:
- Downside risk: $92,230 (high long-liquidations) .
- Upside catalyst: $117,775 (short-squeeze zone) .
🔮 5. Future Outlook
- Bearish Short-Term: Consolidation expected between $95K–$107K; break below $100K may trigger panic .
- Bullish Catalysts:
- ETF Resurgence: Institutional inflows could drive BTC to $115K by early July .
- Halving Cycle: Historical patterns suggest BTC is still in "growth phase" (not bubble), with $180K possible by late 2025 .
- Macro Tailwinds: U.S. debt concerns, potential Fed rate cuts, and institutional adoption may fuel next rally .
💎 Conclusion
Bitcoin faces short-term headwinds from technical breakdowns and profit-taking but retains strong fundamentals for long-term growth. Today's U.S. jobs report will be pivotal for near-term direction. Key levels to watch:
- Bullish confirmation: Break above $107,000.
- Bearish trigger: Close below $100,000.
> This cycle differs from past bull runs with sharper corrections and institutional dominance. Patience and focus on macro drivers are key.
#TradingParis101
#TradingPairs101
I just sent a note to congratulate our friend and partner @jerallaire and the team at @Circle.
This is a tremendous milestone for both Circle and the industry, and shows that the demand for crypto is an unstoppable force.
Let's keep building!
#TradingParis101
I just sent a note to congratulate our friend and partner @jerallaire and the team at @Circle.
This is a tremendous milestone for both Circle and the industry, and shows that the demand for crypto is an unstoppable force.
Let's keep building!
#TradingParis101
#TradingPairs101
have been studying each section of Binance so I will share what I have learned so far.
Top Trader Long/Short Ratio (By Accounts)
- This ratio shows how many top traders on Binance Futures are long vs. short.
If, Ratio > 1 = More longs (bullish).
If, Ratio < 1 = More shorts (bearish).
How to Use It:
✅ Extreme highs (>2), Might reverse (sell).
✅ Extreme lows (
✅ Combine with price action & volume for better signals.
This isn’t always going to be correct. You have to bring in a lot of other factors
#TradingParis101
have been studying each section of Binance so I will share what I have learned so far.
Top Trader Long/Short Ratio (By Accounts)
- This ratio shows how many top traders on Binance Futures are long vs. short.
If, Ratio > 1 = More longs (bullish).
If, Ratio < 1 = More shorts (bearish).
How to Use It:
✅ Extreme highs (>2), Might reverse (sell).
✅ Extreme lows (
✅ Combine with price action & volume for better signals.
This isn’t always going to be correct. You have to bring in a lot of other factors
#TradingParis101
Bitcoin's Momentum Weakens Amid U.S. Economic Concerns
AI Summary
According to BlockBeats, Matrixport's recent weekly report highlights a slowdown in Bitcoin's upward momentum, coinciding with emerging cracks in the U.S. macroeconomic landscape. Two key economic indicators have recently hit multi-month lows, yet most investors remain focused on ETE fund flows. Financing dynamics, stablecoin activities, and forward-looking data suggest potential larger-scale market changes.
As U.S. macroeconomic data begins to soften, an uncertain period may be approaching. The recent strong demand likely stems from market anticipation of U.S. President Donald Trump's tariff policies, accelerating order execution. However, this activity appears to be normalizing. Policymakers may be cautious about prematurely easing policies due to concerns that tariff policies could reignite inflation pressures.
Previously, it was noted that Bitcoin would confirm its bullish trend upon surpassing $84,500. Considering potential market uncertainties during the summer, last week's report advised traders to take moderate profits. Despite recent price softness, the trend model remains bullish, only turning bearish if Bitcoin falls below $96,719—a level that remains intact but is nearing. Given the weakened momentum, profits have been locked in. With early signs of economic data weakness emerging, a period of economic turbulence lasting over two months may be on the horizon. In such a market environment, Bitcoin is unlikely to sustain uninterrupted growth, especially as the Federal Reserve is not yet prepared to cut interest rates and inflation expectations remain high.
#TradingParis101
AI Summary
According to BlockBeats, Matrixport's recent weekly report highlights a slowdown in Bitcoin's upward momentum, coinciding with emerging cracks in the U.S. macroeconomic landscape. Two key economic indicators have recently hit multi-month lows, yet most investors remain focused on ETE fund flows. Financing dynamics, stablecoin activities, and forward-looking data suggest potential larger-scale market changes.
As U.S. macroeconomic data begins to soften, an uncertain period may be approaching. The recent strong demand likely stems from market anticipation of U.S. President Donald Trump's tariff policies, accelerating order execution. However, this activity appears to be normalizing. Policymakers may be cautious about prematurely easing policies due to concerns that tariff policies could reignite inflation pressures.
Previously, it was noted that Bitcoin would confirm its bullish trend upon surpassing $84,500. Considering potential market uncertainties during the summer, last week's report advised traders to take moderate profits. Despite recent price softness, the trend model remains bullish, only turning bearish if Bitcoin falls below $96,719—a level that remains intact but is nearing. Given the weakened momentum, profits have been locked in. With early signs of economic data weakness emerging, a period of economic turbulence lasting over two months may be on the horizon. In such a market environment, Bitcoin is unlikely to sustain uninterrupted growth, especially as the Federal Reserve is not yet prepared to cut interest rates and inflation expectations remain high.
#TradingParis101
Illicit Trade Costs pakistan 14.1361 Rs415 Billion, with Banned Ingos Like Ctfk and Vital Strategies
#CEXvsDEX101 Pakistan is bleeding Rs. 415 billion every year because of ille_gal ciga_rette sales-and no one talked about it.$ICX
#OrderTypes101 While Campaign for Toba_cco-Free Kids and Vital Strategies ran anti-toba_cco campaigns, they said nothing about the booming illicit trade. #Liquidity101 That silence helped ille_gal brands thrive while the economy suffered.$FLM
#TradingParis101 Now that both INGOs have been suspended for regulatory viola_tions, it's time for real accountability. #CryptoSecurity101 The government must act swiftly to protect what's left of the formal sector and rescue the country from deeper financial loss.$MASK
#OrderTypes101 While Campaign for Toba_cco-Free Kids and Vital Strategies ran anti-toba_cco campaigns, they said nothing about the booming illicit trade. #Liquidity101 That silence helped ille_gal brands thrive while the economy suffered.$FLM
#TradingParis101 Now that both INGOs have been suspended for regulatory viola_tions, it's time for real accountability. #CryptoSecurity101 The government must act swiftly to protect what's left of the formal sector and rescue the country from deeper financial loss.$MASK
🚀 $ICX
ICX
0.1497
+9.19%
/ USDT – STRONG COMEBACK FROM DEMAND ZONE! 💪📈
After a clean bounce from the $0.1344 low, $ICX is pushing higher with +9.42% daily gains, currently trading at $0.1498 on the 1H chart. Bulls are reclaiming key levels and momentum is building. 🔥
📊 Market Snapshot • Price: $0.1498
• 24h High: $0.1506
• 24h Low: $0.1344
• Volume: 31.52M ICX
Break above $0.1506 could trigger a fast move toward $0.158+ if volume continues. Eyes on confirmation above that breakout level! ⚡️#TradingParis101
ICX
0.1497
+9.19%
/ USDT – STRONG COMEBACK FROM DEMAND ZONE! 💪📈
After a clean bounce from the $0.1344 low, $ICX is pushing higher with +9.42% daily gains, currently trading at $0.1498 on the 1H chart. Bulls are reclaiming key levels and momentum is building. 🔥
📊 Market Snapshot • Price: $0.1498
• 24h High: $0.1506
• 24h Low: $0.1344
• Volume: 31.52M ICX
Break above $0.1506 could trigger a fast move toward $0.158+ if volume continues. Eyes on confirmation above that breakout level! ⚡️#TradingParis101
PEPE & BONK Comeback? Meme Season Again?
🐸 PEPE +9% in 7 days
🐶 BONK trying to break resistance
Meme coins often lead the next big pump.
📉 They’ve corrected.
📈 Are they bottoming now before a new run?
🗣 Comment “PEPE” or “BONK” if you’re still holding!
#CEXvsDEX101🔥 #OrderTyipes101 #Liqudity101 #TradingParis101 #CircleIPOCircle $BONK $WCT $PEPE
🐸 PEPE +9% in 7 days
🐶 BONK trying to break resistance
Meme coins often lead the next big pump.
📉 They’ve corrected.
📈 Are they bottoming now before a new run?
🗣 Comment “PEPE” or “BONK” if you’re still holding!
#CEXvsDEX101🔥 #OrderTyipes101 #Liqudity101 #TradingParis101 #CircleIPOCircle $BONK $WCT $PEPE
Master Crypto Trading Fundamentals and Unlock Binance Points!
Successful trading starts with strong fundamentals. In this latest installment of our Deep-Dive series, we break down 10 essential concepts every crypto trader should understand. Whether you’re new to trading or looking to reinforce your knowledge, this series is your opportunity to enhance your trading knowledge, contribute to the community and earn Binance Points along the way!
How To Participate:
1. Check Binance Square Official daily at 08:00 (UTC) for discussion prompts on the topic of the day.
2. Create a post on Binance Square sharing your insights, experiences or tips related to that topic.
3. Ensure that your post contains at least 100 characters and includes only one topic hashtag.
Activity Period: 2025-05-29 08:00:00 (UTC) to 2025-06-12 08:00:00 (UTC)
The 10 topics are:
· #TradingTypes101: Explore the differences between Spot, Margin and Futures trading.
· #CEXvsDEX101: Compare Centralized and Decentralized Exchanges.
· #OrderTypes101: Break down the different order types in crypto trading – Market, Limit, Stop-Loss and Take-Profit Orders.
· #Liquidity101: Discuss the role of liquidity in crypto trading and its impact on trade execution.
· #TradingPairs101: Break down how trading pairs work, and share how you choose the right pairs for your trading strategy.
· #CryptoSecurity101: Compare hot and cold wallets, discuss your personal security setup and share best practices for staying SAFU.
· #CryptoFees101: Discuss the different fee types in crypto and how you optimize your trades to reduce costs.
· #TradingMistakes101: Reflect on your experiences, what you learned, and share advice you’d give to new traders.
· #CryptoCharts101: Explore candlestick patterns and chart basics. Share how chart reading has helped your entries or exits.
· #TradingTools101: Discuss indicators like RSI, MACD and moving averages.
#TradingParis101 $SOL
Successful trading starts with strong fundamentals. In this latest installment of our Deep-Dive series, we break down 10 essential concepts every crypto trader should understand. Whether you’re new to trading or looking to reinforce your knowledge, this series is your opportunity to enhance your trading knowledge, contribute to the community and earn Binance Points along the way!
How To Participate:
1. Check Binance Square Official daily at 08:00 (UTC) for discussion prompts on the topic of the day.
2. Create a post on Binance Square sharing your insights, experiences or tips related to that topic.
3. Ensure that your post contains at least 100 characters and includes only one topic hashtag.
Activity Period: 2025-05-29 08:00:00 (UTC) to 2025-06-12 08:00:00 (UTC)
The 10 topics are:
· #TradingTypes101: Explore the differences between Spot, Margin and Futures trading.
· #CEXvsDEX101: Compare Centralized and Decentralized Exchanges.
· #OrderTypes101: Break down the different order types in crypto trading – Market, Limit, Stop-Loss and Take-Profit Orders.
· #Liquidity101: Discuss the role of liquidity in crypto trading and its impact on trade execution.
· #TradingPairs101: Break down how trading pairs work, and share how you choose the right pairs for your trading strategy.
· #CryptoSecurity101: Compare hot and cold wallets, discuss your personal security setup and share best practices for staying SAFU.
· #CryptoFees101: Discuss the different fee types in crypto and how you optimize your trades to reduce costs.
· #TradingMistakes101: Reflect on your experiences, what you learned, and share advice you’d give to new traders.
· #CryptoCharts101: Explore candlestick patterns and chart basics. Share how chart reading has helped your entries or exits.
· #TradingTools101: Discuss indicators like RSI, MACD and moving averages.
#TradingParis101 $SOL
#TradingPairs101
---
🔁 It's all about pairs in trading!
In crypto, you don't just trade coins—you trade pairs. Choosing the right pair can mean the difference between profit and loss. In my portfolio, I use strategic pairs such as BTC/USDT, HBAR/USDT, and SUI/BTC.
Why does it matter? Because each pair reflects a different market dynamic. An asset may decline against USDT but rise against BTC. That's why I analyze not only the coin but also the pair.
📊 The result? +31.47% portfolio performance and clearer trend-based decisions.
Those who understand pairs understand the market better.
#TradingParis101
---
🔁 It's all about pairs in trading!
In crypto, you don't just trade coins—you trade pairs. Choosing the right pair can mean the difference between profit and loss. In my portfolio, I use strategic pairs such as BTC/USDT, HBAR/USDT, and SUI/BTC.
Why does it matter? Because each pair reflects a different market dynamic. An asset may decline against USDT but rise against BTC. That's why I analyze not only the coin but also the pair.
📊 The result? +31.47% portfolio performance and clearer trend-based decisions.
Those who understand pairs understand the market better.
#TradingParis101
See original
#TradingParis101 Pair trading is a strategy that involves buying one asset and short selling another. The goal of pair trading is to bet that, if the prices of two
See original
Why is the price of bitcoin falling now and how will it continue?
The profit-taking by long-term holders has acted as a drag on price momentum. Veteran investors are taking profits in bitcoin.
Bulls are facing a test of their determination.
According to Glassnode, "the market seems to be at a crossroads".
In the past two weeks, bitcoin (BTC) reached a new all-time high of USD 111,800. However, this enthusiasm was tempered and, at the time of this publication, it is trading around USD 103,000.
Bitcoin has broken a key support level of USD 103,700 and may find a new firm floor at USD 95,600.
This occurs in a context where old BTC hodlers are liquidating their holdings. Now, the determination of investors who remain bullish is facing a critical test.
#TradingParis101
#CryptoSecirity101
#TrumpVsMusk
#Glassnode
#Binance
The profit-taking by long-term holders has acted as a drag on price momentum. Veteran investors are taking profits in bitcoin.
Bulls are facing a test of their determination.
According to Glassnode, "the market seems to be at a crossroads".
In the past two weeks, bitcoin (BTC) reached a new all-time high of USD 111,800. However, this enthusiasm was tempered and, at the time of this publication, it is trading around USD 103,000.
Bitcoin has broken a key support level of USD 103,700 and may find a new firm floor at USD 95,600.
This occurs in a context where old BTC hodlers are liquidating their holdings. Now, the determination of investors who remain bullish is facing a critical test.
#TradingParis101
#CryptoSecirity101
#TrumpVsMusk
#Glassnode
#Binance
See original
The guy waiting for Bitcoin to drop so he can buy it lol...
We have the coin rising every week dude.
.
.
#TradingTypes101،
#CEXvsDEX101🔥
#OrderTypes101
#liquidety101
#TradingParis101
$BTC
We have the coin rising every week dude.
.
.
#TradingTypes101،
#CEXvsDEX101🔥
#OrderTypes101
#liquidety101
#TradingParis101
$BTC
See original
#TradingPairs101
In the world of crypto, choosing the right trading pair is the first step toward a successful trade.
For example, the DOT/USDT pair is one of the popular pairs, but it currently reflects a state of "mutual liquidation" between shorts and longs!
If you are a technical trader, choosing the most suitable pair should be based on liquidity, trading volume, and relative stability.
Every candle means something, and every pair carries a story.
Do you prefer trading on high volatility pairs or do you like relatively stable pairs?
Let us know your way of choosing trading pairs.
#TradingParis101
In the world of crypto, choosing the right trading pair is the first step toward a successful trade.
For example, the DOT/USDT pair is one of the popular pairs, but it currently reflects a state of "mutual liquidation" between shorts and longs!
If you are a technical trader, choosing the most suitable pair should be based on liquidity, trading volume, and relative stability.
Every candle means something, and every pair carries a story.
Do you prefer trading on high volatility pairs or do you like relatively stable pairs?
Let us know your way of choosing trading pairs.
#TradingParis101
See original
$USDC
#CircleIPO #TradingParis101
#Liqudity101
#Ordertype101
📌 What is USDC?
💵 USDC (USD Coin) is a stable digital currency (Stablecoin) pegged to the US dollar 1:1
This means every 1 USDC = 1 US dollar ✔️
🔒 Issuer:
Circle in collaboration with Coinbase, and it is one of the most reliable stablecoins in the market.
🛡️ Fully backed:
Every unit of USDC is backed 100% by real assets (cash in banks or short-term financial instruments), and the reserves are audited monthly ✅
🚀 Its main uses:
Fast transfers between platforms and banks 🌍
Trading as an alternative to the dollar 💱
Storing profits without price fluctuations 📉📈
Using it in decentralized finance (DeFi) 🧠
🏦 Supported on the most popular platforms:
Binance – Bybit – OKX – Coinbase – MEXC – and others ✅
⚠️ Important information:
Although it is stable, freezing or banning is possible if it violates the regulations of the issuing entities.
---
If you would like me to add a simple design for the post or an illustrative image, let me know 🙌
#CircleIPO #TradingParis101
#Liqudity101
#Ordertype101
📌 What is USDC?
💵 USDC (USD Coin) is a stable digital currency (Stablecoin) pegged to the US dollar 1:1
This means every 1 USDC = 1 US dollar ✔️
🔒 Issuer:
Circle in collaboration with Coinbase, and it is one of the most reliable stablecoins in the market.
🛡️ Fully backed:
Every unit of USDC is backed 100% by real assets (cash in banks or short-term financial instruments), and the reserves are audited monthly ✅
🚀 Its main uses:
Fast transfers between platforms and banks 🌍
Trading as an alternative to the dollar 💱
Storing profits without price fluctuations 📉📈
Using it in decentralized finance (DeFi) 🧠
🏦 Supported on the most popular platforms:
Binance – Bybit – OKX – Coinbase – MEXC – and others ✅
⚠️ Important information:
Although it is stable, freezing or banning is possible if it violates the regulations of the issuing entities.
---
If you would like me to add a simple design for the post or an illustrative image, let me know 🙌
See original
#TradingParis101 How to trade with XRP:
1. Choose a secure and reliable exchange platform:
There are many cryptocurrency exchange platforms like Binance, Coinbase, and Kraken that allow you to trade XRP. You can also trade through online brokers that offer access to XRP futures.
2. Open an account and make a deposit:
To trade, you will need to create an account on the chosen platform and deposit funds (money or cryptocurrencies) to be able to make transactions.
3. Look for the trading pair XRP/USD or XRP/EUR:
Once you have opened an account, look for the trading pair XRP/USD or XRP/EUR, depending on the currency you wish to use.
4. Select the buy or sell order:
Decide whether you want to buy or sell XRP, and then choose the type of order (market order, limit order, etc.) and the volume of XRP you wish to trade.
5. Apply risk management:
It is important to have a risk management strategy, such as using stop-loss orders to limit potential losses.
6. Monitor your position and close the trade:
Once you have opened a position, it is important to monitor the price of XRP and close the trade when you have reached your profit target or when you consider that the trade is no longer profitable. $XRP
1. Choose a secure and reliable exchange platform:
There are many cryptocurrency exchange platforms like Binance, Coinbase, and Kraken that allow you to trade XRP. You can also trade through online brokers that offer access to XRP futures.
2. Open an account and make a deposit:
To trade, you will need to create an account on the chosen platform and deposit funds (money or cryptocurrencies) to be able to make transactions.
3. Look for the trading pair XRP/USD or XRP/EUR:
Once you have opened an account, look for the trading pair XRP/USD or XRP/EUR, depending on the currency you wish to use.
4. Select the buy or sell order:
Decide whether you want to buy or sell XRP, and then choose the type of order (market order, limit order, etc.) and the volume of XRP you wish to trade.
5. Apply risk management:
It is important to have a risk management strategy, such as using stop-loss orders to limit potential losses.
6. Monitor your position and close the trade:
Once you have opened a position, it is important to monitor the price of XRP and close the trade when you have reached your profit target or when you consider that the trade is no longer profitable. $XRP
See original
Trading this coin with a large margin will earn more. This coin has a strong bullish and bearish trend that is clearly visible each day. It rises sharply and falls deep or easily reaches the top.
See original
TradingPairs101 Choosing successful trading pairs on Binance requires analysis and strategy. A good starting point is to observe the trading volume, as pairs with higher liquidity tend to have fewer sharp fluctuations and allow for easier market entry and exit. It is also key to analyze price behavior, identify trends and technical patterns. Many traders use indicators such as moving averages, RSI, or MACD to make decisions. Additionally, following relevant news about the project or the general market can help anticipate movements. Not all pairs offer the same opportunities, so it is advisable to focus on those with solid assets, active communities, and good backing. It is always recommended to trade with proper risk management.
#TradingParis101
#TradingParis101
Login to explore more contents