$SOL hold or close please suggest me 🥺🥺🥺 | Looser trader on Binance Square

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$SOL hold or close please suggest me 🥺🥺🥺

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Explore my portfolio mix. Follow to see how I invest!📈 How to understand crypto market trends as a beginner When you're new to crypto, it can feel like the market moves at lightning speed. Prices rise and fall sharply, and it’s hard to tell whether to buy, hold, or sell. But learning how to read market trends can help you make smarter decisions. 🔄 1. Understand bull vs. bear markets A bull market is when prices are generally rising, and there's a lot of optimism. A bear market means falling prices and fear in the market. Knowing where we are helps set your expectations. 📊 2. Learn to read candlestick charts These charts show price movements over time. Green candles mean the price went up, red means it went down. Patterns like "double bottoms" or "head and shoulders" can signal possible trend reversals.

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Explore my portfolio mix. Follow to see how I invest!

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Explore my portfolio mix. Follow to see how I invest!

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#SwingTradingStrategy This popular short-to-medium term trading approach aims to profit from price "swings" in financial markets. Traders identify potential price movements (up or down) over a few days to several weeks, holding positions to capture a portion of these swings. Key elements often include: * Technical Analysis: Utilising indicators like moving averages, RSI, and MACD to spot trends, support/resistance levels, and entry/exit points. * Risk Management: Setting stop-loss orders to limit potential losses and defining profit targets. * Patience: Waiting for optimal entry and exit signals rather than impulsive trading. Swing trading sits between day trading (very short-term) and long-term investing, appealing to those who can't actively day trade but want more frequent opportunities than long-term holds.

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