#BinanceTurns8
🚀 Best Strategy: Trend + Risk Management + Patience
🔷 Step 1: Trade With The Trend
✅ Identify the trend using tools like:
— 50 & 200 Moving Averages (MA)
— Trendlines
— Higher Highs & Higher Lows = Uptrend
— Lower Highs & Lower Lows = Downtrend
👉 Don’t fight the trend — trade in its direction!
🔷 Step 2: Key Levels & Patterns
✅ Mark support & resistance zones on daily & 4H charts.
✅ Look for breakouts or bounces at these levels.
✅ Watch for common patterns:
Breakout from consolidation
Retest of breakout level
Flags, triangles, and channels
🔷 Step 3: Risk Management (The Most Important!)
✅ Only risk 1–2% of capital per trade.
✅ Always set a stop-loss.
✅ Target a reward:risk of at least 2:1 (e.g., risk $100 to make $200).
✅ Don’t over-leverage — crypto is already very volatile!
🔷 Step 4: Use Volume & Confirmation
✅ Breakouts with high volume are more reliable.
✅ Combine with indicators like RSI (to avoid overbought/oversold zones), MACD (to confirm momentum), or VWAP.
🔷 Step 5: Patience & Discipline
✅ Don’t chase pumps.
✅ Wait for clear setups — quality over quantity.
✅ Keep a trading journal to learn from wins & losses.
📈 Bonus Tips:
✨ Trade during high-liquidity hours (when US/EU markets overlap).
✨ Stick to liquid coins (like BTC, ETH) if you’re new.
✨ If unsure — stay in cash. No trade is better than a bad trade.