$OM – New Long Position Opened 📈 Just opened a long posit | SETUP SCOUT on Binance Square

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$OM  – New Long Position Opened 📈
Just opened a long position on $OM . As expected, I’m looking for a quick 10% move up to reach a curved resistance zone.

Trade is based on structure and momentum — but as always, DYOR before entering. 📊✅

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🚨 $SKL – Analysis & Trade Plan 🚨 I’ve entered a short position on SKL, targeting the 0.02738 zone with a stop-loss at 0.03822. 📉 Reasoning: Current price is going in the Fibonacci golden zone, which often acts as a reversal area. Based on my analysis, there’s a high probability of a dump towards the lower support area. 📈 Next Move: If this short plays out, I’ll be looking to flip long from the same zone (0.02738) with a target of 0.047 and a tight SL just below the golden zone. ⚠️ Always DYOR & manage your risk.

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😭Why 90% of Traders Fail? Most traders—90%—flop in markets due to key errors: No Consistent Strategy: Traders jump between plans, chasing trends or hype. This leads to erratic trades, like switching from technical analysis to hot altcoins, causing losses. Success needs a tested strategy, stuck to for months. Inconsistent traders lose 70% more often. Over-Trading: Too many trades, driven by thrill or FOMO, rack up fees and losses. Waiting for strong setups is key, but over-traders act on weak signals, burning capital. Frequent crypto trades can lose 5-10% to fees monthly. Revenge Trading: Chasing losses with impulsive trades, like doubling down after a 5% Bitcoin loss, spirals into bigger deficits. Loss aversion fuels this, causing 60% of account blow-ups as traders ditch discipline. No Breaks: Constant market watching causes fatigue and errors, like misreading charts. Breaks reset focus; without them, traders miss signals. Those taking breaks cut errors by 40%. No Risk Management: Skipping stop-losses or sizing rules risks huge losses. A 20% crypto crash can wipe out accounts. Risking 1-2% per trade and diversifying saves capital. No risk rules? 80% chance of total loss in a year. Discipline, patience, and risk control separate the 10% who win from the 90% who fail. $BTC $ETH $XRP

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Achieving prosperity as a crypto investor demands a blend of expertise, abilities, restraint, and a methodical mindset. Below are some steps and advice to guide you on your path: 1.Inform Yourself: Begin by studying digital currencies, blockchain systems, and the mechanics of investing. Grasp the various kinds of digital assets, their purposes, and market patterns. 2.Master Technical Evaluation: Technical evaluation entails analyzing price graphs, formations, and signals to forecast price shifts. Get acquainted with ideas like candlestick formations, moving averages, RSI, and MACD. 3.Stay Updated: Keep abreast of news and updates in the crypto world. Digital currency prices can be significantly swayed by news, regulatory shifts, and technological progress. 4.Formulate an Investment Plan: Devise a clear investment plan that defines your objectives, risk tolerance, entry and exit thresholds, and the types of assets you aim to invest in. Adhere to your plan and steer clear of spontaneous choices. 5.Begin Modestly: Start with a small sum of capital you can afford to lose. Cryptocurrency markets can be extremely unpredictable, and it’s vital to manage risk. 6.Apply Risk Control: Establish stop-loss orders to cap potential losses and avoid staking more than a set percentage of your investment capital on one trade. 7.Diversify Your Holdings: Avoid allocating all your funds to a single digital currency. Spread your investments to mitigate risk and lessen the impact of one asset’s underperformance. 8.Manage Emotions: Feelings like avarice and anxiety can impair your reasoning. Stick to your plan and avoid decisions driven by short-term price swings. 9.Remain Steadfast: Consistency is crucial. Steer clear of pursuing “get rich fast” schemes and stay dedicated to your long-term investment strategy. 10.Comprehend Market Phases: Digital currency markets experience cycles of growth and decline. Understanding these phases can aid you in making wiser choices about when to purchase and sell. $BTC $ETH $XRP

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🚀 $VIRTUAL – Long-Term Bottom Finally In? 🚀 If you’re looking for a very safe asset with explosive potential, VIRTUAL is setting up beautifully right now. 🔸 The macro bottom zone (highlighted in orange) has held multiple times – showing strong demand and accumulation. 🔸 The current price action is consolidating right above this key support range. 🔸 From here, the long-term upside potential is massive, with a 150%+ pump target toward the $2.60–3.00 range. 📌 Long-Term Setup: Entry Zone: $1.00 – $1.20 Stop Loss: Below $0.90 (invalidates structure) Target: $2.60 – $3.00 (+150%) ⚡️ This is not just a quick trade setup – it’s a position play for investors who can hold through volatility.

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$ZORA I'll fill my bags in this zone.

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