📉 $BTC breakdown is unfolding! 🔴 Multiple rejections from | Jerry Ranch HcHS on Binance Square

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Jerry Ranch HcHS

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📉 $BTC breakdown is unfolding! 🔴 Multiple rejections from key supply zones, and now testing support near $107,915 📊.
*Short Trade Setup:*
- *Entry:* $107,962
- *Stop Loss:* $108,076
- *Take Profit:* $107,753
Clean risk-reward ratio with strong rejection from resistance 🔵. Let's see if $BTC follows through on the bearish momentum!

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#SpotVSFuturesStrategy #SpotVSFutures: *Spot Trading:* Buying and selling assets for immediate delivery. It's a straightforward approach where you own the asset outright. *Futures Trading:* Buying and selling contracts that obligate you to buy or sell an asset at a predetermined price on a specific date. It allows for leverage and speculation on price movements. *Key differences:* - Ownership: Spot trading involves owning the asset, while futures trading involves a contract. - Leverage: Futures trading often allows for higher leverage, amplifying potential gains and losses. - Risk: Spot trading typically involves less risk, while futures trading carries more risk due to leverage and potential liquidation. *Strategy:* Choose spot trading for long-term investments or futures trading for short-term speculation and hedging. Understand the risks and rewards before making a decision. 📊💡 #Trading #Crypto

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#HODLTradingStrategy (Hold On for Dear Life) is a popular trading strategy in the crypto space. It involves buying and holding onto assets for the long-term, regardless of short-term price fluctuations. This approach requires patience, conviction, and a strong stomach for volatility. HODLers believe in the potential for significant long-term gains and are less concerned with short-term market movements. By holding onto their assets, they aim to ride out market downturns and capitalize on future growth. This strategy can be particularly effective for assets with strong fundamentals and growth potential. 💰📈 #Crypto #HODL

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$BTC is the pioneer cryptocurrency, dominating the market with its brand recognition and widespread adoption. Currently trading at $107,920 with a 0.18% increase, $BTC's price action is closely watched by traders and investors. Technical analysis suggests a potential deeper fall toward the $107,753 target zone if support levels are breached. A short position setup is proposed with entry at $107,962, stop loss at $108,076, and take profit at $107,753. $BTC's market movements often set the tone for the broader crypto market, making it a key asset to monitor for market trends and sentiment. Volatility is expected.

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🚀 $SAHARA strong move is going up fast! 🔥 Jumped from $0.079 to $0.0848 with strong green candles and good volume 📈. *Long Trade Setup:* - *Entry:* $0.0830 – $0.0845 - *Stop Loss:* Below $0.0805 - *Target 1:* $0.0862 - *Target 2:* $0.0880 - *Target 3:* $0.0905 Buyers are active, and the trade looks good with a break above recent levels 🔵. Let's see if $SAHARA continues its upward momentum!

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