$BTC O Bitcoin continues to show strength in the market, being a reference as a digital store of value. At the moment, the $BTC /USDT pair is solidly above $68,000, indicating a possible breakout to test new highs. Technical analysis shows an ascending triangle forming, suggesting a continuation of the upward trend. For those trading in the short term, supports are at $67,500 and $66,800, and the main resistances are $69,200 and $70,000. $BTC
Recently, I conducted an interesting operation on the SOL/USDT pair. After observing a breakout of resistance on the 4-hour chart, I went long at US$ 162, aiming for a price target of US$ 180. I used a stop loss at US$ 155 to protect the capital. The operation was successful, reaching the target in less than 24 hours. This reinforces the importance of always trading with technical analysis, discipline, and strict risk management.
#CEXvsDEX101 The universe of cryptocurrencies offers two main types of platforms: centralized exchanges (CEX) and decentralized exchanges (DEX). CEXs, such as Binance and Coinbase, offer higher liquidity, customer support, and ease of use, but require trust in the custody of funds. On the other hand, DEXs, such as Uniswap and PancakeSwap, eliminate intermediaries, promoting greater privacy and control of assets, but with less liquidity and more technical interfaces. The choice depends on the balance between practicality and decentralization. #CEXvsDEX101
There are various types of traders in the cryptocurrency market, each with their own profile and strategy. The Day Trader seeks profits from quick trades within the same day, while the Swing Trader holds positions for days or weeks, taking advantage of larger market movements. The Position Trader focuses on the long term, aiming for major trends. Each style requires discipline, risk management, and technical mastery. It is essential to understand your profile before choosing your path in trading. #TradingTypes101