Pro Tip: Monitor volume closely; increased sell volume will provide confidence in the short setup. Tighten your stop-loss if the price tests the resistance again.
Pro Tip: Monitor volume closely; increased sell volume will provide confidence in the short setup. Tighten your stop-loss if the price tests the resistance again.
How to deal with a Market Downturn in Crypto? 1. Don't panic: the market is volatile, and declines are part of the game. 2. DCA strategy: Gradual buying (Dollar Cost Averaging) to reduce the impact of volatility. 3. Keeping currencies in cold wallets. 4. Diversifying the portfolio: Do not put all your capital in just one currency. 5. Follow news and analysis: to understand the reasons for the decline and make informed decisions.