Sometimes best trade is not trading at all. #Tradingwithmin | CoinWizard777 on Binance Square

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Sometimes best trade is not trading at all.  #Tradingwithmind .
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Ps: Hate to say but I told you guys 🫣$BTC 

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The Core of My Strategy 1. Shorts Only I focus exclusively on short positions. Why? Because I’ve observed consistent patterns where breakouts or pumps tend to reverse after hitting key resistance levels. Specializing in shorts allows me to refine my skills and develop a deeper understanding of market behavior in these scenarios. 2. Planned Entries My entries are based on where I believe the price will reverse. For example, if I see an asset like $FXS approaching $3.50 or $4.30, I anticipate a pullback at these levels. Instead of guessing, I plan my trades logically and execute them with precision. 3. Risk Management and DCA Risk Management: I ensure that no single trade risks more than I’m willing to lose. This protects my capital and keeps emotions in check. DCA (Dollar Cost Averaging): I scale into positions at predefined levels. If I short at $3.50 and the price moves up to $4.30, I add to my position rather than panic. This strategy allows me to mitigate risk and maximize returns. 4. Data Over Emotion The key to my success is data. I don’t trade based on hunches or hope. I analyze the market, identify patterns, and make informed decisions. When I deviate from my strategy and let emotions take over, that’s when losses happen. The Results Speak for Themselves Out of over 300 trades since March 2024, I’ve had fewer than 10 losses. And those losses? They weren’t due to flaws in my strategy—they were caused by emotional decisions. This underscores the importance of sticking to a plan and trusting the data. What Makes This Strategy Work 1. Logic and Math: Trading isn’t guesswork. It’s about probabilities. I use data to support my decisions, just like the whales do. 2. Consistency: By sticking to a single approach and refining it over time, I’ve developed a reliable edge. 3. Discipline: Emotional control is everything. The market rewards discipline and punishes impulsiveness. $FXS #BinanceAlphaAlert

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The cryptocurrency market is experiencing intense volatility, marked by massive liquidations primarily in over-leveraged long positions. This suggests that market participants were overly bullish, leading to forced closures as prices dropped sharply. Key Analysis Points: 1. Liquidation Surge: Liquidation events are often triggered when traders use excessive leverage, and price moves against them beyond their liquidation price. The reported $1.17 billion liquidation volume is indicative of market stress, reflecting overconfidence in bullish sentiment. 2. Critical Support Levels: $92K: If this support level breaks, it signals weakened buyer confidence, potentially accelerating a drop to $90K, the next psychological and technical support. Strong support levels can provide opportunities for short-term rebounds, but failing to hold them could indicate prolonged bearish momentum. 3. Bearish Structure: Consistent lower lows suggest sellers are in control, with no clear signs of reversal yet. The overall market trend remains bearish, supported by liquidations and declining market sentiment. 4. Psychological Impact: The round number $90K serves as a significant psychological level. A breach of this could lead to panic selling, but it may also attract institutional buyers looking for discounts. Strategy for Traders: Short-term Traders: Consider trading with reduced leverage and tight stop-loss orders to manage risk in this volatile environment. Long-term Investors: Wait for the market to stabilize before making significant entries. Look for confirmation of support levels holding before adding to positions. Scenario Planning: If $92K holds, we could see a relief rally toward $95K–$96K. If it breaks, expect a move toward $90K or lower, potentially triggering further liquidation cascades. $BTC $XRP

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BREAKING 🚨🚨 $1.5 TRILLION wiped out from U.S. stocks today!$BTC $ETH

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