🔍 Open Operation: BTC/USDT - Swing Trade Creator: Luis Campos Strategy: Price Action + Support/Resistance Risk: Moderate (3% of capital per trade)
📈 Technical Analysis: 1. Context: - BTC is consolidating in a range between $60,800 (support) and $62,500 (resistance) after yesterday's rebound. - Decreasing volume at resistance: sign of possible correction.
2. Entry: - Short at $61,950** (rejection zone at EMA 4h + local resistance). - Confirmation: Rejection candles (pin bar) on 1h timeframe.
⚠️ Key Notes: - Horizon: 12-24 hour operation (swing trade). - Catalysts: Pay attention to U.S. inflation data today at 14:30 UTC. - Management: - If the price hits TP1, move SL to breakeven. - I will cancel the operation if BTC closes 4h above $62,200.
Welcome beauty!! I'm giving you my cryptocurrencies!!🤣🤣
LARAXEN
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Hello. 👋
First of all, I want to re-introduce myself to you. As far as you know, some of you know me as “Laraxen”. I will be active here from now on.
I have been interested in crypto since 2019. I can now define myself as a professional trader. There is no event that I have not seen in the market, no misfortune that I have not experienced. But I have witnessed many times when I screamed with happiness. In general, I will give my analyzes here and occasionally give signals and share news.
I would be happy to join you again. Love Squares 💕
I entered the crypto space almost 2 years ago with $400 USDT 💵, knowing absolutely nothing about it. A friend introduced me to it, and I decided to give it a try. I invested in Solana and futures, but without understanding how to trade, I lost my entire account in just 2 days 💔.
Determined to recover, I deposited another $300, only to wash my account again within a week. Feeling frustrated, I tried once more with $500, but the same day, my account was wiped out again. At this point, I thought, “This is a scam; nobody can win here.”
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The Turning Point
But then, I saw profit posts online showing that 5% of people are profitable 📈. I thought to myself, “If they can do it, why can’t I?” I started searching for a mentor on TikTok and other platforms, joining a few paid groups, but still got liquidated.
Finally, a friend told me about a guy in Dubai who teaches crypto 🕌. I reached out to him, but he only taught in person. Instead, he referred me to another teacher in Asia who offered online classes. I contacted him, paid 1,000 USDT for 2 months of training, and somehow managed to arrange the money.
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The Learning Phase
The training helped me tremendously 💡. After 2 months, I learned how to trade profitably. I started again with $400 in my account and focused on growing my portfolio slowly.
I disciplined myself to earn $5–$10 daily, gradually building my portfolio 📊. I spent countless hours studying charts, analyzing different timeframes, and using various indicators to understand market behavior.
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Futures Trading
A few months ago, I ventured into futures trading. On the first day, I got liquidated 🤦♂️, but I was cautious and kept my investment small. Since then, I’ve been consistent. For the past 4–5 months, I haven’t been liquidated, and now my account has grown to $20,000 💰.
I earn approximately $4,000–$5,000 per month in futures trading with a $1,200 wallet size, while keeping my main investments in spot and funding wallets.
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What I’ve Learned 📚
1️⃣ Stick to a Plan: Don’t panic. Avoid panic selling and greed buying. 2️⃣ EMA Indicators:
EMA 5 for 5-minute trades.
EMA 21 for 15-minute and 1-hour timeframes.
EMA 50, 100, and 200 for longer timeframes. Tip: Avoid smaller timeframes. 3️⃣ Margin & Leverage:
I use 5x leverage and keep my margin below 1%. 4️⃣ Fibonacci Retracement:
The 0.618 level works almost 99% of the time, not the golden pocket. 5️⃣ Candle Reading:
It’s essential! Without understanding candles, you can’t trade profitably. 🕯️ 6️⃣ Liquidity:
Keep an eye on liquidations, but beware of fake liquidity heat maps. Exchanges often use these to manipulate traders. I use a different tool (sorry, I can’t share it). 7️⃣ Price Action Over Fundamentals:
Fundamentals matter sometimes, but price action works 99% of the time.
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The Outcome
Today, I’m happy with my progress in crypto 😊. I’m focused on slow and steady growth, avoiding greed and rash decisions. My goal is to achieve massive earnings, but with patience and discipline.
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Final Note
I’m sharing this for educational purposes only. I don’t run paid groups, nor am I asking you to join anything or pay me 💯. Most people who run paid groups are those who can’t earn from crypto themselves, so they sell signals to make money.