Many new traders jump into trading when the price of $BTC or $ETH increases. But without proper analysis, it can lead to losses instead of profits.
To be a successful trader, you need to know: ✔ Market trends (Uptrend, Downtrend) ✔ Support and resistance levels ✔ Technical indicators like RSI or MACD
Spend 5-10 minutes every day to understand these things. This knowledge is very important to prevent losses on large exchanges like Binance.
Do you use technical analysis for trading? Write in the comments — I will discuss with you! $ETH $SOL