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Chris_4rex
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Bullish
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Making some returns on
WLD
, hope I get back my money I bought it at 11
$USDT
$WLD
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Chris_4rex
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#SpotVSFuturesStrategy In crypto trading choosing between spot and futures strategies depends; 1. on risk appetite 2.market outlook 3. trading goals Spot trading involves buying and holding actual crypto assets like Bitcoin or Ethereum. It's ideal for long-term investors who believe in asset appreciation over time. no leverage and risk is lower Futures trading allow traders to speculate on price movements without owning the underlying asset, with leverage fitures offer high profit potential at a greater risk. Traders can go both long and short profiting in both rising and falling markets
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#AltcoinBreakout Altcoinbreakout is characterized by: 1. Rapid price appreciation 2. Increased trading volume 3. Broad market participation 4. Bitcoin dominance index Altcoin sectors include: Defi, layer 1 and layer 2 protocols, AI tokens, NFT-relqted coins and meme coins. platforms like X and Reddit often see surging activity and FOMO sentiment during this time
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Called this breakout yesterday ✔️ $XRP
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xrp about to breakout a key resistance target 5$-10$ $XRP #AltcoinSeasonLoading
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#TrendTradingStrategy Trend trading happens for a short period, so to gain greatly from the trade you need to identify the opportunities early. Some ways to identify this opportunities; 1. Big volume changes 2. Hype from celebrities 3. Adoptions from big firms 4. Major breakouts After identifying and entering the trade an exit strategy is crucial to keep the gains, so to identify a good exit watch for this signs of reversal; 1. Break of resistance or support created in that period. 2. Volume changes 3. Candlestick reversal pattens 4. Market structure shifts 5. Price action reversal patterns follow this channel for more insights and breakdowns on trading #TrendTradingStrategy
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