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Felix_Mureithi
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Felix_Mureithi
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#MarginTrading Binance margin trading is a feature that allows you to borrow funds in leveraged trading 1.Open a margin account(You'll have to answer a few questions) 2.Start with auto-transfer(automatically transfers funds from your spot wallet to margin wallet) 3.Trade with auto-borrow( allows you to borrow additional funds inorder to trade with) 4.Repay with auto-repay: If you make a profit on the amount borrowed binance automatically deducts and takes back their money and you keep the amount earned , but if a loss is made you have to repay manually HOPE IT WAS HELPFUL FOR MORE INFORMATION GO TO THE MARGIN TRADING TUTORIALS VERY HELPFUL#Tutorial $BTC
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Why Binance Is Your Gateway to Profitable Cryptocurrency Investing
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Simple Profitable Futures Strategy: Breakout Method #Breakout Tools You Need (on Binance app): 15min or 1hr chart RSI (Relative Strength Index) Support & Resistance lines (draw manually) --- Step-by-Step Guide: 1. Identify Key Support & Resistance On the 1H chart, mark the recent highest price (resistance) and lowest price (support). Example: BTC is ranging between $62,000 and $63,000. 2. Wait for a breakout If the price breaks above resistance with strong volume → Enter a LONG. If the price breaks below support with strong volume → Enter a SHORT. 3. Confirm with RSI Before entering: For LONG: RSI should be between 50-70 (not overbought). For SHORT: RSI should be between 30-50 (not oversold). 4. Enter the Trade Set leverage to 2x–5x max for beginners. Choose Market Order for fast execution. 5. Set Stop-Loss & Take-Profit Stop-Loss: Just below (LONG) or above (SHORT) the breakout level. Take-Profit: 2x your risk. If risking $10, aim to make $20. --- Example (BTC LONG Breakout) Resistance: $63,000 BTC breaks out to $63,200 with volume. RSI = 60 → Good Enter LONG at $63,200 Stop-Loss: $62,800 Take-Profit: $63,800+ --- Golden Rules Don’t FOMO. Wait for the breakout candle to close. Always use stop-loss. Start small ($5-$10 trades) until you're confident #InvestSmart #InvestSmartly #FutureTarding
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Anyone from Kenya willing to speak on matters crypto #Kenya .Cause we need to support each other in order to grow please follow to keep in touch .
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#DigitalAssetBill The House Republicans will release a new draft bill on crypto regulation ahead of a key hearing on May 6 #DigitalAssetBill
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