#TradingTypes101 $WCT is currently experiencing a strong bul | Rakshanda Nisar on Binance Square

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Rakshanda Nisar

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#TradingTypes101 $WCT is currently experiencing a strong bullish trend in the 4-hour timeframe, with the latest price sitting at $1.1455, reflecting a 24.95% gain in the last 24 hours.

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WCT

0.4053

-6.76%

865

0

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Rakshanda Nisar

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$BTC Bitcoin moves up (or even down), it almost always affects every altcoin—put simply, it pulls the other cryptocurrencies along with it. So, I think within the next few days, many altcoins might also start rising, following Bitcoin's lead. The daily view of the RSI, MACD indicators, and Bollinger Bands suggest an upward break from the yellow triangle....

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#SouthKoreaCryptoPolicy The Virtual Asset User Protection Act (effective July 2024) requires Virtual Asset Service Providers (VASPs) to register with financial authorities, use real-name bank accounts, store at least 80% of users’ assets in cold wallets, hold insurance, and monitor for market abuse...

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#CryptoCharts101 Start with candlesticks – green means up, red means down. Learn common patterns like support/resistance, double tops, and triangles.Indicators like RSI, MACD, and moving averages can help spot trends and momentum. Don't chase pumps or panic on dips – read the chart, not the hype.

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#TradingMistakes101 Lack of a Trading Plan Jumping into trades without a clear entry, stop-loss, and target is a fast track to losses. A solid plan removes emotion and adds structure to your strategy.

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