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๐ฅ Keep a cool head in the Spot market! The psychology of the "Drip" ๐ง
Last night, our limit buy orders at $DEXE executed perfectly.
However, a strong bearish whip saw the price dip momentarily below our entry.
Did we panic? Not at all!
Trading Spot gives us the advantage of time: there's no liquidation risk.
Technically, the price stretched down sharply below the MA 7, creating a magnetic effect towards the recovery zone.
Plus, upon reviewing the order book, we see strong institutional buy walls protecting the lower zone, while the upper sell path is clear.
๐๐บ Our sell orders are strategically set above, waiting for the bounce.
While the market does its thing, we take the opportunity to diversify and put our balances to work in Binance Earn.
๐ฅ๐ฅ๐ฅ๐ฅ Discipline beats panic. ๐ฅ๐ฅ๐ฅ๐ฅ
We stick to the winning team strategy! ๐
What would you do in this case? Iโm all ears below ๐๐๐๐๐๐
#writetoearn #BinanceEarn #TradingSpot #dexe #GestiรณnDeRiesgo
Last night, our limit buy orders at $DEXE executed perfectly.
However, a strong bearish whip saw the price dip momentarily below our entry.
Did we panic? Not at all!
Trading Spot gives us the advantage of time: there's no liquidation risk.
Technically, the price stretched down sharply below the MA 7, creating a magnetic effect towards the recovery zone.
Plus, upon reviewing the order book, we see strong institutional buy walls protecting the lower zone, while the upper sell path is clear.
๐๐บ Our sell orders are strategically set above, waiting for the bounce.
While the market does its thing, we take the opportunity to diversify and put our balances to work in Binance Earn.
๐ฅ๐ฅ๐ฅ๐ฅ Discipline beats panic. ๐ฅ๐ฅ๐ฅ๐ฅ
We stick to the winning team strategy! ๐
What would you do in this case? Iโm all ears below ๐๐๐๐๐๐
#writetoearn #BinanceEarn #TradingSpot #dexe #GestiรณnDeRiesgo
junior87reycopas:
comprar $DEXE
โ ๏ธ Live capitulation! Keeping discipline in Spot ๐
The pair $DEXE
just took a sharp bearish whip down to the $17.900 zone. In such vertical drops, retail panic usually leads to selling, but the "Winning Team" keeps a cool head.๐ฆ๐ฆ๐ฆ
๐ปTechnically, the price shows an extreme stretch from the MA 7, which activates a strong magnetic effect for a relief bounce. Upon reviewing the order book, we can already see institutional buy walls absorbing the drop at $17.800.
๐Remember the golden rule: in the Spot market, there's no liquidation.
Losses only exist if you sell out of fear.
Our exit orders are still set above, waiting for the bounce, while we let the free balances earn in Binance Earn.
Patience pays off! ๐ง๐
#writetoearn #BinanceEarnings #TradingSpot #dexe #GestionDeRiesgo
The pair $DEXE
just took a sharp bearish whip down to the $17.900 zone. In such vertical drops, retail panic usually leads to selling, but the "Winning Team" keeps a cool head.๐ฆ๐ฆ๐ฆ
๐ปTechnically, the price shows an extreme stretch from the MA 7, which activates a strong magnetic effect for a relief bounce. Upon reviewing the order book, we can already see institutional buy walls absorbing the drop at $17.800.
๐Remember the golden rule: in the Spot market, there's no liquidation.
Losses only exist if you sell out of fear.
Our exit orders are still set above, waiting for the bounce, while we let the free balances earn in Binance Earn.
Patience pays off! ๐ง๐
#writetoearn #BinanceEarnings #TradingSpot #dexe #GestionDeRiesgo
Analyzing $CHIP , do you think this new spot listing could have a solid profit margin?
Given its current upward trend with a 99% increase, it shows that the launch has been well-received, but we can't rely too much on its volatility since that carries a risk that needs to be managed. The start has been promising, so we have to wait in the next few hours to see if its margin will continue to grow or if Iโll face a dip.
Entry Spot: 0.1132
TP: 0.1149-0.1171
SL: 0.1120 with a 1% margin (to prevent excessive loss)
#CHฤฐP #tradingspot
Given its current upward trend with a 99% increase, it shows that the launch has been well-received, but we can't rely too much on its volatility since that carries a risk that needs to be managed. The start has been promising, so we have to wait in the next few hours to see if its margin will continue to grow or if Iโll face a dip.
Entry Spot: 0.1132
TP: 0.1149-0.1171
SL: 0.1120 with a 1% margin (to prevent excessive loss)
#CHฤฐP #tradingspot
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