Before the Disaster

⚠️ Before you buy any coin or enter any trade.. read this!

🔍 7 MUST steps before entering any trade:

1️⃣ Check the overall market trend

· BTC is king: If BTC is in a downward trend, 80% of coins will follow

· Use EMA 50: If the price is above it → Upward trend, and if below → Downward

2️⃣ Look for support and resistance areas

· Support: Buying area (the price bounces back here)

· Resistance: Selling area (the price struggles to break through)

· Example:

· Buy at support

· Sell at resistance

3️⃣ Ensure the trading volume

· High volume = Real interest

· Low volume = Unreliable movement

· Safe average: Daily trading volume > 100 million dollars

4️⃣ Use the RSI indicator

· Above 70: Overbought (beware of buying)

· Below 30: Oversold (potential buying opportunity)

· Ideal level: RSI between 40 and 60

5️⃣ Determine your target and risks

· Risk/Reward ratio: No less than 1:2

· Example:

· Potential loss: $50

· Target profit: $100+

6️⃣ Always use Stop-Loss