Good evening, TRADERS! Today we will go through some important points, and I will explain that I am making this post to help those who have just arrived and have the following doubts:
1. PARTIAL: When I say “taking a partial profit”, it means protecting PART of the profit. It is not mandatory, okay? But it is a way to guarantee profit even if the market reverses.
Practical example: if you entered with 500 dollars in #VIRTUAL at 0.88 and it rose to 1.53, that would give approximately 369 dollars in profit in 4 days (R$2,047.95). In total, you connected with 500 dollars and closed at 869.31 dollars.
By taking a partial profit, you secure part of that value and still keep the rest in position. If the price drops (which is possible, as the market is still in correction), you can REINJECT part of that profit at the lower price, improve your average price, and increase your potential for appreciation. This is how we operate with a strategy to increase capital solely in SPOT.
👉🏽 DO I HAVE TO TAKE A PARTIAL PROFIT?? NO. IT'S OPTIONAL. I RECOMMEND IT FOR THOSE WITH LITTLE CAPITAL.
2. TARGET POINT: When I indicate “target point”, it is because it is the main objective to be reached. Once the GOAL is reached, if you want to continue from there, it's up to you. If I do not signal a new strategy or continuation, it means we have ended that operation and I will wait for the price to return to lower levels (remember, I am here as a strategy analyst). If you want to hold as HOLD, you can, but that is already another approach.
IN THE MEDIUM TERM: NEVER ENTER AT THE TARGET POINT OR ABOVE, YOU MAY BE HANGING AT THE TOP FOR MONTHS.
3. SUPPORT and RESISTANCE:
- SUPPORT: Support prices are regions with buying strength 👉🏽 where the price can hold and bounce back up.
🟢 If the support is lost, we already know how far the price can go, because there will always be another support lower down. This helps to plan the stop and calculate the risk of the operation. A practical example: when BTC was still at 90,000, we had already identified a strong monthly support at 76,000, and it was exactly there that it hit several times and bounced back. This is what validates the strength of a support: an area that tends to hold the price and that, even if the asset falls, is where it usually returns.
So, if I entered at #BTC a 72 and I know that there is strong support at 76, I feel calm because the price tends to respect this region, and that helps protect my entry.
- RESISTANCE: resistance is where we usually find selling pressure. These areas help to understand where the price may pass and where you can protect your entry.
🟢 But the MOST important point: when resistance is broken strongly, the asset tends to gain traction and rise with more intensity. In other words, this breakout usually generates a movement with more amplitude. Therefore, resistance is both a point of attention and a possible confirmation of buying strength if broken.
4. MY ANALYSES and PROJECTIONS:
I always bring a COMPLETE analysis first with all possible data.
Then, I only make updates, so it doesn't become repetitive and because there are several coins on the radar.
Here I like to bring established coins, with real potential, looking at the medium and long term. If the coin responds well, we continue. If I DO NOT signal continuation after the partial or target point, then it is up to you to decide whether to continue or not.
5. CONTENT DELIVERY: I have no way to notify YOU. So, I recommend coming here to the profile at least once a day (preferably in the afternoon). Liking or commenting also helps BINANCE show you posts more frequently (as in any social network, due to the algorithm).
6. SHORT-TERM OPERATIONS: Generally, I focus on the medium and long term, but at the end of each month I intend to bring two short-term analyses to help those in the red from operating on their own or trading futures incorrectly.
An example was the VIRTUAL, which I signaled back on 03/19, before it was launched (just check on the profile). I saw a possibility now, signaled it, and thus we help those who are out there in this neglected crypto world… hahaha
See you 🤝🏽
See you tomorrow!!!
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