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WAITING FOR $ETH pump
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#ScryptoTrader New Highs coming $BTC Bitcoin Took last 3 Week lows LQ Daily BOS shift now if this 107k zone Holds ATH is coming ( Data shows traders shorted a lot under 105k ) They kept shorting as price was rising until Liquidation or SL ( look at 2nd picture Price vs Long /Short ratio ) It will be interesting week ahead New Highs are Coming !!! 🚀
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#CryptoCharts101 1. Candlestick Basics – Each candlestick shows price action within a timeframe (1m, 1h, 1D, etc.). The body represents the open/close, while wicks show highs/lows. Green = price rose; Red = price fell. Learn patterns like Doji (indecision) or Hammer (reversal) to spot trends early. 2. Support & Resistance – Support is where buying pressure typically halts a downtrend, while resistance is where selling pressure stops an uptrend. Breakouts above resistance or below support often signal strong trend shifts—trade with confirmation (volume + candle close).
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#TradingMistakes101 1. Emotional Trading – Letting fear or greed dictate trades often leads to impulsive decisions like FOMO buying at peaks or panic selling at lows. Stick to a strategy and set stop-loss/take-profit orders to avoid emotional traps. 2. Ignoring Risk Management– Overleveraging or risking too much capital on a single trade can wipe out your portfolio. Always follow the 1-2% rule (never risk more than 1-2% of your capital per trade) and diversify to protect against big losses.
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#TradingPairs101 1. Base & Quote Currency – In a trading pair (e.g., BTC/USDT), the first asset (BTC) is the base currency, and the second (USDT) is the quote currency. The price shows how much of the quote currency is needed to buy one unit of the base currency. 2. Liquidity & Volatility – Major pairs like BTC/USDT have high liquidity, meaning easier trades with tighter spreads. Exotic pairs may offer higher gains but come with increased volatility and lower liquidity.
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