Develop the right psychology in the trading, manage risk in Market, Components Of Price Action Trading System for successful trading, make consistent profit🍻
2nd day open long drive position, I will give you a suggestion that a person should not always lose patience People who learn to be patient always climb the stairs of success slowly
Binance is one of the world’s largest cryptocurrency platforms, mainly used for buying, selling, trading, and earning with digital currencies like Bitcoin, Ethereum, and many others. Very Large & Popular Platform Used by millions of people worldwide High trading activity means it’s easy to buy or sell quickly, Low Fees Binance has some of the lowest trading fees in crypto You can reduce fees even more by using BNB (Binance Coin), Many Cryptocurrencies Available Supports hundreds of coins and tokens Good for beginners and advanced traders who want variety, Easy to Use (Beginner-Friendly) Simple interface for new users Advanced tools available if you want to learn more later Mobile app works well on Android and iPhone, Strong Security Features • Two-factor authentication (2FA) • Withdrawal confirmations • Cold storage for many funds, Multiple Ways to Earn You can: • Trade crypto • Hold crypto long-term • Earn interest through staking and savings • Participate in new project launches, Available in Many Countrie.
MACD➡️ stands for Moving Average Convergence Divergence, and it is one of the most widely used technical indicators in trading (stocks, forex, crypto). It helps traders identify trend direction, momentum, and potential buy or sell signals.
💁🏻♂️ What is MACD? MACD is a momentum and trend-following indicator created using moving averages of price. It shows how two moving averages move relative to each other. It has three components: 1. MACD Line 👉 Formula. MACD Line = 12-period EMA − 26-period EMA 👉 This tells you if short-term momentum is stronger or weaker than long-term momentum. 2. Signal Line 👉 Formula. Signal Line = 9-period EMA of the MACD Line 👉 Helps generate buy/sell signals. 3. Histogram 👉 Formula. Histogram = MACD Line − Signal Line 👉 Shows strength of momentum bars above or below zero. ✔How MACD Works (A) Convergence vs Divergence 👉 Convergence: EMAs move closer → momentum weakening. 👉 Divergence: EMAs move apart → momentum increasing. (B) Zero Line 👉 MACD above zero ⬆️ uptrend momentum. 👉 MACD below zero ⬇️ downtrend momentum.
$BTC 💁🏻♂️ I also benefited from not taking leverage and you can see my profit, I made a good profit and btc is my position open now and hopefully it will hit my target.✌ $GIGGLE