🕗 Pre-Market Setup Time • Open TradingView or Binance platform. • Monitor the price of Bitcoin ($BTC) on the 1-hour and 4-hour timeframes. • Determine if the overall trend is bullish or bearish.
⸻
1️⃣ Determine Today's Plan • Choose one or two major currencies (like BTC or ETH) and 2–3 altcoins that move with them. • Decide if today is a long or short based on BTC's movement.
⸻
2️⃣ Set Entry and Exit Points • Define: • Entry: when breaking resistance or bouncing from support. • Stop Loss: below the last low (for long) or above the last high (for short). • Take Profit: 1.5x – 2x of the risk amount.
⸻
3️⃣ Follow the News • If there is news about ETH or an upgrade in the network, prioritize it. • Monitor coins with trends or partnerships like TON or SOL.
⸻
4️⃣ Execute Trades • Use: • Market Order if the market is fast and you want immediate entry. • Limit Order if you want to enter at a specific level. • Stick to the plan and don’t chase the price.
⸻
5️⃣ Manage Capital and Risks • Risk on a single trade: only 1–3% of capital. • Do not open more than two open trades at the same time if you are a beginner. • Monitor the Funding Rate before entering perpetual contracts.
⸻
✅ Practical Example: • BTC is in an uptrend, ETH is moving with it, TON has partnership news. • Enter long on ETH when breaking resistance. • Stop 1.5%, Target 3%. • If BTC starts to drop, close the trades or adjust the stop.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.