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Yushayasir
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How are you traders? I have placed a trade of 6 USDT in
$TRX
in spot, will it give profit?
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Yushayasir
@yusha-traders
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Buy coins at low price and sell it at high price. choose coin from loser category
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Interested
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congratulation bro keep it up bro!
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link
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A *profitable trading strategy* depends on your experience, capital, and how much time you can dedicate daily. Here’s a simple yet effective *beginner-friendly trading strategy* that many traders use on *Binance spot trading*: --- 📊 *The 3-Step RSI + Support/Resistance Strategy (For Spot Trading)* ✅ Timeframe: 1-hour or 4-hour chart ✅ Ideal for: Short to mid-term traders (swing or day trading) ✅ Tools Needed: RSI indicator, support/resistance lines, Binance chart --- 🧠 *How It Works:* 1. *Find a Good Coin (With Volume)* - Look for coins with strong volume and volatility (e.g., BTC, ETH, SOL, AVAX). - Avoid low-liquidity coins as they’re riskier. 2. *Use RSI (Relative Strength Index)* - Open the coin’s chart on Binance → Add RSI indicator. - Look for: - *RSI below 30* = *Oversold* (potential buy zone) - *RSI above 70* = *Overbought* (potential sell zone) 3. *Support & Resistance Zones* - Draw *horizontal support (bottom)* and *resistance (top)* lines. - Buy near strong support zones + RSI below 30. - Sell near resistance zones + RSI above 70. --- 📈 *Example Trade (Using AVAX):* - Coin: AVAX - Support Level: 34 - Resistance Level:39 - RSI drops below 30 at 34 → *Buy* - RSI rises above 70 at38–39 → *Sell*
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