To start well in crypto trading, always begin by identifying the support zones on the daily chart. An entry near a support increases the chances of a good risk/reward ratio. #BinanceEarnYieldArena
In certain markets (notably futures), when you open a trade, the platform or a large market maker is often your counterparty. They win when you lose. So if they know you are leveraged at x75, they know you are easy to trap.
Small leveraged traders: Enter on breakouts without waiting for confirmation They place stops too close Use leverage that is too strong React emotionally (FOMO/panic)
$AVAX AVAX is trading at $15.43 (-9.92%) after a technical rebound up to $14.66 — but this surge is weakening. Sellers are taking the reins and a massive rejection zone looms on the horizon. • Key resistance: $15.66 – $15.85 (brutal rejection zone) • Immediate support: $14.66 (previous low, ideal for partial TP) • Ideal short zone: $15.40 – $15.60 (wait for weakness confirmation) • Targets: $15.00 and $14.70 • Stop Loss: above $15.85 (mandatory caution)
The chart doesn’t lie: declining peaks, decreasing volume = dead cat bounce in progress.
Pro tip: Watch for a hesitant candle near $15.60 — then place your short. The bears are in charge… it’s time to ride the wave before it crashes!
Support and resistance zones are not there to decorate your charts; they help you make informed decisions. • Entry: If the price bounces off a support level, it's a good opportunity to buy. • Exit: If you see solid resistance, consider selling or adjusting your stop-loss. • Breakout: If the price breaks through a resistance or support, be ready to take a position based on the movement.
Stay tuned, videos will follow for a better explanation #tradingpro $BTC $ETH
Identifying these areas requires some observation and a certain level of experience, but here are the basic steps: 1. Look at previous highs and lows Support areas usually form around previous lows, and resistance areas around previous highs. This is the basic principle for locating these areas. 2. Analyze candle closes Another tip: if a candle closes above a resistance or below a support, it is often a strong signal of a structural break. 3. Look for areas where the price stagnates for a while, as these are often key support or resistance zones.
How to locate support and resistance zones to trade better in crypto? #resistance #support #trading $BTC $ETH $XRP As a trader, you know that support and resistance zones are key elements for understanding market direction. But knowing how to spot them in real time can make all the difference between a winning trade and a losing trade. I will share some practical tips to identify these crucial zones in a simple and effective way, while staying true to solid technical analysis.
Beware of newly listed cryptos: do you really want to trade this? #PatienceIsKey $BTC $ETH $XRP Too many people jump on new cryptos as soon as they are listed on Binance, thinking they will make x10. But let's be honest: what exactly do you want to analyze if you don't have any history?
No structure, no clear zone, just brutal volatility. It's like wanting to scalping in total fog.
Personally, when a crypto has just been listed: • I avoid touching it until the market has given a bit of history • I first analyze the tokenomics, the upcoming unlocks, the project • And above all: I check if the volume is real or just a temporary pump
If you want to avoid the traps of FOMO, do things right. You don't need to trade every new project at all costs. Patience pays more than stress.
I often share this kind of analysis on cryptos and the market in general. If you want concrete posts, without bullshit: subscribe and turn on notifications, I share the real stuff.
Do you want to learn trading or scalping? I am preparing posts to explain the basics step by step, like the double bottom, the break of structure, or how to spot a bullish trend.
Follow me if you want to progress without overthinking! And let me know in the comments what you want to learn as a priority!
Hello Binance Square community! #StopLossStrategies $BTC $ETH $XRP Do you want to get into crypto, but are afraid of losing your money or making the wrong choices? Here are 3 simple tips that helped me get started without breaking the bank.
1. Only invest what you are willing to lose Many beginners put in too much money too quickly. Classic mistake! Start small, observe the market, and take the time to understand.
2. Learn to read charts You don't need to be a trading pro to recognize support, resistance, or a bullish breakout. If you want, I can post easy explanations in my next posts! (like if you’re interested!)
3. Don’t follow “pumps” on social media If you hear about a token that’s skyrocketing... it’s often already too late. Do your research (we call it “DYOR”: Do Your Own Research).