📅 Day 54 of 100 – RSI: The Strength Meter of Any Trade 💪📉
Ever wonder if a coin is overbought or oversold? That’s where RSI comes in. Today, we learn how to use the Relative Strength Index to catch smart entry and exit points.
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📊 What is RSI?
RSI stands for Relative Strength Index, a momentum indicator that measures how fast and how strong a coin is moving.
🧮 RSI ranges from 0 to 100.
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✅ How to Read RSI:
Above 70 = Overbought (Price may drop soon)
Below 30 = Oversold (Price may rise soon)
Between 30-70 = Neutral zone
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⚙️ How to Use RSI on Binance:
1. Go to the TradingView chart
2. Click Indicators
3. Search for “RSI” and apply it
4. The RSI line will appear below your chart
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💡 Pro Tips:
Combine RSI with Support/Resistance for strong signals
Use on higher timeframes (1H, 4H, 1D) for better accuracy
📅 Day 52 of 100 – Order Types: Mastering How You Enter the Market 🧠
Knowing what to buy is important — but knowing how to buy it is where smart trading begins.
Let’s break down the main order types on Binance you should know:
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1️⃣ Market Order
🔹 Instant execution at the best available price ✅ Great for speed ❌ Risk of slippage (you get a worse price than expected)
📍Use when: You want to buy/sell immediately
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2️⃣ Limit Order
🔹 You set the price, and it executes only if the market reaches it. ✅ More control over price. ❌ No guarantee it will be filled!
📍Use when: You want the best price, not the fastest fill.
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3️⃣ Stop-Limit Order
🔹 Combines a trigger price (stop) and a limit price. ✅ Ideal for setting up stop-loss or take-profit ❌ More complex to use!
📍Use when: You want to automate trades around key levels.
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4️⃣ OCO (One Cancels the Other)
🔹 Two orders placed together: one limit, one stop-limit ✅ If one is triggered, the other is automatically canceled. ❌ Must be planned well.
📍Use when: You want a target and a safety net in one
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📌 Action Step: Go to the Binance spot trading screen and test placing a limit and market order with a small amount (e.g., $0.001 $ETH ). Watch how each behaves.
📅 Day 51 of 100 – Support & Resistance: Spot Entry Zones Like a Pro 🔍
Yesterday we learned how to read charts. Today, we master one of the most powerful tools in trading: Support and Resistance.
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🧱 What is Support?
Support is a price level where a downtrend tends to pause or bounce due to buying interest.
🟩 Think of it as the “floor” — price hits it and bounces back up.
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🧱 What is Resistance?
Resistance is a price level where an uptrend tends to pause or reverse due to selling pressure.
🟥 Think of it as the “ceiling” — price rises to it and gets pushed back down.
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📉 How to Spot Them:
Look for repeated bounce points (support)
Look for repeated rejection points (resistance)
Use line tools on Binance charts to draw them
Use horizontal lines, not diagonals for beginners
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🔁 Role Reversal
Once broken, support can become resistance, and resistance can become support. Traders call this a breakout or breakdown.
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🧠 Why They Matter:
Helps plan entry and exit points
Helps set stop-loss and take-profit levels
Confirms trend strength or weakness
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📌 Action Step: Open any chart on Binance (e.g., $ETH /USDT), zoom out to the 1D or 4H view, and try marking 2 support levels and 2 resistance levels. Watch how price reacts around them!
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Next up: Day 52 – Trendlines & Channels: Following the Flow 🚀 #Cryptocharts101
#CryptoCharts101 📅 Day 50 of 100 – Crypto Charts 101: How to Read Like a Pro 📊
Welcome to the halfway point! Today, we dive into Crypto Charts 101 — the heart of trading decisions. If you’ve ever opened Binance and felt lost looking at those green and red candles, this one’s for you.
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🔍 What is a Crypto Chart?
A crypto chart shows price movements over time. Traders use it to analyze trends, predict moves, and plan entries/exits.
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🕯️ Candlestick Basics:
Each candle represents four data points:
Open: Price at the beginning of the time frame
Close: Price at the end of the time frame
High: Highest price during the time frame
Low: Lowest price during the time frame
🟩 Green candle = Price went up 🟥 Red candle = Price went down
⏳ Timeframes: 1m, 5m, 1h, 1D, 1W — You choose how far back you want to look.
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📈 Key Chart Types:
1. Candlestick Chart – Most popular for price action.
New opportunity spotted on Binance! Stay sharp, stay ahead. Smart traders are already watching this.
📊 Keep an eye on: 🔹 [Insert Coin/Project Name] 🔹 Reason: [Brief insight – e.g., whale movement, breakout pattern, new partnership, etc.] 🔹 Time to act: [Urgency – e.g., "Volatility expected in the next 24h"] $ALPHA 🧠 Remember: Always DYOR (Do Your Own Research) 📉 Manage risk. Protect profits. #BinanceAlphaAlert
📈 “Is the bull back?” Today, we saw a strong rebound in the market after a recent dip. This often happens when buyers step in at lower prices, pushing the market up again.
This move is called a market rebound – a short-term recovery after a fall. It doesn't always mean a full trend reversal, but it's a sign that buyers are gaining confidence.
🔍 Tip: Always check volume during a rebound. High volume = stronger bounce. Low volume = might be a trap.
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💡 Rebounds can be quick. Stay alert, not emotional. See you tomorrow for Day 45!#MarketRebound $BTC
Ever wanted to profit even when prices fall? Learn how with Futures Trading!
🟡 What is Futures Trading?
Futures trading is a way to buy or sell something at a set price for a future date. It’s like making a deal today for something you’ll get or give later.
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🔹 How Binance Futures Works:
Futures Contract: An agreement to buy or sell an asset at a fixed price on a future date.
Long Position: You agree to buy in the future (you think price will go up).
Short Position: You agree to sell in the future (you think price will go down).
Leverage: Borrowing money to trade a larger amount with a small amount of your own funds.
Margin: The small amount of money you need to open a futures trade.
Liquidation: If the market goes against your trade too much, your position is automatically closed to avoid more loss.
Perpetual Futures: Futures that don’t expire — you can hold them as long as you want.
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🧠 Simple Example:
You think Bitcoin will go up. You buy a futures contract to buy 1 BTC at $105k next week. If $BTC goes to $110k, you profit the difference. If it drops, you lose.