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dr_mt
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Bearish
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Watch Out! On 4HR TF, $
HYPE
forms a hanging man. 🪂🔥
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$M— Simple, clean & picture perfect. 📷 Check the before & after pics for results. Those who followed this call, congrats! 🤝 What's next? Currently near support, there's a potential to bounce & to retest resistance above. Watch for reaction around 0.45 level for next setup. 🔥 I post at least 5-7 times daily with quality trade setups & opportunities in the market. Stay with me, interact & lets make a team together! 💛
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Reflecting on the past experiences : I remember when I first started futures trading. On every trade I was LIQUIDATED. I wouldn't even last more than 1-5 mins or even less. Reason : Using 75-125X leverage on Isolated margin. Not understanding, not having knowledge can result in unneccessary losses. There was no one to help, there was no Binance Square. If you are new to this, then there's a high chance you're making the same mistake and don't even know it, causing you unwanted frustration & resulting in being emotionally drained by losing back to back. Know this that It's not your fault. You are new to this. And every new thing takes time before you master it. Every walking person alive has fallen countless times before learning to walk. Take it slowly. My advice is to be as curious as you can to learn about every tool and settings on the platform, get familiarize yourself with small experimental amounts until you know what they are and how to use effectively. Take notes, journal, watch videos, read, etc. Remember this : No one can teach you the way you can teach yourself by experimenting & showing curiosity with caution. This is the best teacher in my experience because this way you are hard wired. Book knowledge is not enough. Hands on experience is everything! Just be mindful of the biggest TRAP, Trying to get rich quick. Even seasoned traders make this same mistake from time to time. It's very easy to fall for this trap. All the profits you earn can be drained by just one wrong move. It's not enough to know this alone, making a habit by continous practice and failures can only teach you on how to avoid it. Be aware & journal every trade, so you can keep a check on yourself. Take ownership, learn & keep improving! ✌️
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$M has now formed decending triangle & you know what that means! A down move & break of bottom support will lead to panic selling. 📉 A short move is brewing, what will be your next move? 🔻
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$XRP Engulfing bearish candle is forming! 🔥 Trade Setup : Entry : 2.984 Take Profit : 2.95, 2.93, 2.90 & 2.87 Stop Loss: 3.04 RSI in daiky TF is 96%, at extreme overbought levels. Correction ia overdue.
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DON'T BUY— $FUN at this level! It's RSI is at extreme over bought levels at 96.7!! A major correction is overdue!
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