Gaston888
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Write2Earn! Learn Support & Resistance Analysis through SOL/USDT
Many beginner traders are confused about how to determine valid support and resistance. Let's discuss a real example using SOL/USDT!
🔹 What is support & resistance?
Support = a zone where the price tends to "bounce" upwards.
Resistance = a zone where the price often gets held back or "breaks" downwards.
🔎 In the SOL/USDT pair, there are several important levels we can learn from:
Strong support at $138 → has been tested several times without breaking.
Main resistance at $150–152 → this zone has been a barrier to upward movement since the beginning of the week.
🔄 Why is this important?
Because from these two levels we can:
Determine a safer entry
Place a stop-loss at a logical point
Avoid entering when the price is in between (not ideal)
✍️ Example learning strategy:
Wait for the price to retest support → look for reversal signals for entry.
Or wait for a breakout of resistance + volume confirmation → entry following the trend.
🎯 In essence: understand price structure = the sharper our feeling to read the market!
Hope this is useful for those who are just starting to learn. Any insights or questions? Drop them in the comments!
#CryptoEdu #BinanceLearn #Write2Earn #TradingPemula
Many beginner traders are confused about how to determine valid support and resistance. Let's discuss a real example using SOL/USDT!
🔹 What is support & resistance?
Support = a zone where the price tends to "bounce" upwards.
Resistance = a zone where the price often gets held back or "breaks" downwards.
🔎 In the SOL/USDT pair, there are several important levels we can learn from:
Strong support at $138 → has been tested several times without breaking.
Main resistance at $150–152 → this zone has been a barrier to upward movement since the beginning of the week.
🔄 Why is this important?
Because from these two levels we can:
Determine a safer entry
Place a stop-loss at a logical point
Avoid entering when the price is in between (not ideal)
✍️ Example learning strategy:
Wait for the price to retest support → look for reversal signals for entry.
Or wait for a breakout of resistance + volume confirmation → entry following the trend.
🎯 In essence: understand price structure = the sharper our feeling to read the market!
Hope this is useful for those who are just starting to learn. Any insights or questions? Drop them in the comments!
#CryptoEdu #BinanceLearn #Write2Earn #TradingPemula
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#Write2Earn! Daily Analysis of SOL/USDT – Breakout or False Hope?
The market is starting to heat up! SOL/USDT shows potential breakout from the consolidation structure in the daily chart.
📍 Strong support at $138 has held for 3 consecutive days, indicating accumulation.
📍 The price is currently approaching crucial resistance in the $150–152 zone.
If it successfully breaks and closes above $152, the next target rise is:
🎯 $155
🎯 $162
However, be careful, a strong rejection in this zone could push SOL back to $140 or even $135.
🔎 Supporting indicators:
Daily RSI is starting to rise, not overbought → upward space is still open
Volume is starting to increase → validating buying pressure
Personal strategy: Limited entry on break of $152 with tight SL below $145. Short-term target $160.
What do you think? Bullish or still a fakeout?
🚀 Your comments & analysis below!
#SOLUSDT #CryptoAnalysis #Write2Earn
The market is starting to heat up! SOL/USDT shows potential breakout from the consolidation structure in the daily chart.
📍 Strong support at $138 has held for 3 consecutive days, indicating accumulation.
📍 The price is currently approaching crucial resistance in the $150–152 zone.
If it successfully breaks and closes above $152, the next target rise is:
🎯 $155
🎯 $162
However, be careful, a strong rejection in this zone could push SOL back to $140 or even $135.
🔎 Supporting indicators:
Daily RSI is starting to rise, not overbought → upward space is still open
Volume is starting to increase → validating buying pressure
Personal strategy: Limited entry on break of $152 with tight SL below $145. Short-term target $160.
What do you think? Bullish or still a fakeout?
🚀 Your comments & analysis below!
#SOLUSDT #CryptoAnalysis #Write2Earn
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Cardano has become an interesting topic of debate in the crypto world. Some people believe that the scientific approach taken by Cardano gives it a long-term advantage, while others consider its development too slow compared to competitors like Ethereum or Solana. However, if we look closely, Cardano offers a decentralized ecosystem with low transaction fees and high efficiency. In the midst of global regulatory developments, projects like this could become a primary choice for large investors. Personally, I have started to become interested in monitoring the movement of ADA and seeing its long-term potential as a sustainable smart contract platform that is strong from a community perspective.
#CardanoDebate
#CardanoDebate
#CardanoDebate
#CardanoDebate
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#OrderTypes101
As a beginner trader, I just learned that in the crypto world there are several types of orders that can be used when making transactions. The most common ones I hear about are market orders and limit orders. A market order executes a buy or sell at the best available price immediately, so it's suitable for quick transactions. Meanwhile, a limit order allows us to set our own buy/sell price, so it can be more economical, but it takes time until the order is fulfilled. I also just heard about stop-limit and OCO (one cancels the other), which seem suitable for managing risk. There's still a lot for me to learn, but this is very interesting!
#OrderTypes101
As a beginner trader, I just learned that in the crypto world there are several types of orders that can be used when making transactions. The most common ones I hear about are market orders and limit orders. A market order executes a buy or sell at the best available price immediately, so it's suitable for quick transactions. Meanwhile, a limit order allows us to set our own buy/sell price, so it can be more economical, but it takes time until the order is fulfilled. I also just heard about stop-limit and OCO (one cancels the other), which seem suitable for managing risk. There's still a lot for me to learn, but this is very interesting!
#OrderTypes101
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#CEXvsDEX101 Saya sedang belajar tentang perbedaan antara CEX (centralized exchange) dan DEX (decentralized exchange) di dunia kripto. Selama ini saya pakai Binance sebagai CEX karena lebih mudah digunakan dan banyak fitur seperti spot, futures, dan staking. Tapi saya juga tertarik mencoba DEX seperti Uniswap atau PancakeSwap, karena katanya lebih aman dan transparan karena tanpa perantara. Menurut teman-teman, apa kelebihan dan kekurangan utama dari masing-masing jenis exchange ini? Lebih cocok untuk pemula yang mana ya?
#CEXvsDEX101
#CEXvsDEX101
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I just started diving into the world of crypto trading and am still learning a lot. I am trying to understand the types of trading available on Binance, such as spot trading, margin trading, and futures trading. From what I've read, spot trading is the most basic type because we buy and hold the coins directly. But I am curious about margin and futures, as I've heard they can yield high profits, but are also riskier. If anyone has experience, could you please share tips and the fundamental differences? Thank you in advance! 🙏
#TradingTypes101
#TradingTypes101
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