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SPX: A must-hold level. SPX formed a rising wedge[A bearish pattern] and SPX slowly dropped to its support. If SPX is able to hold the support; We may see a bounce and SPX will break the descending resistance againšŸš€. #Binance #spx #BTC #resistance #leontech
SPX: A must-hold level.

SPX formed a rising wedge[A bearish pattern] and SPX slowly dropped to its support.

If SPX is able to hold the support; We may see a bounce and SPX will break the descending resistance againšŸš€.

#Binance #spx #BTC #resistance #leontech
What is a trading strategy? A *trading strategy* is a set of rules and guidelines that a trader uses to make trading decisions in financial markets. The goal of a trading strategy is to identify profitable trading opportunities while managing risk and minimizing losses. A trading strategy can involve a variety of factors, including technical analysis, fundamental analysis, and risk management techniques. Some examples of elements that may be included in a trading strategy include: *1)Entry and exit points:* The strategy will outline specific points at which a trader will enter and exit a trade. *2)Technical indicators:* The strategy may use technical indicators such as moving averages, oscillators, or chart patterns to identify potential trading opportunities. *3)Fundamental analysis:* The strategy may involve analyzing economic data, news releases, or corporate earnings reports to identify market trends and potential trading opportunities. *4)Risk management:* The strategy will include guidelines for managing risk, such as setting stop-loss orders or using position sizing techniques to limit the amount of capital that is risked on each trade. Overall, a trading strategy is a critical component of a successful trading plan, as it provides a framework for making informed trading decisions and managing risk in financial markets. #Binance #crypto2023 #buildtogether #dyor #leontech

What is a trading strategy?

A *trading strategy* is a set of rules and guidelines that a trader uses to make trading decisions in financial markets. The goal of a trading strategy is to identify profitable trading opportunities while managing risk and minimizing losses.

A trading strategy can involve a variety of factors, including technical analysis, fundamental analysis, and risk management techniques. Some examples of elements that may be included in a trading strategy include:

*1)Entry and exit points:*

The strategy will outline specific points at which a trader will enter and exit a trade.

*2)Technical indicators:*

The strategy may use technical indicators such as moving averages, oscillators, or chart patterns to identify potential trading opportunities.

*3)Fundamental analysis:*

The strategy may involve analyzing economic data, news releases, or corporate earnings reports to identify market trends and potential trading opportunities.

*4)Risk management:*

The strategy will include guidelines for managing risk, such as setting stop-loss orders or using position sizing techniques to limit the amount of capital that is risked on each trade.

Overall, a trading strategy is a critical component of a successful trading plan, as it provides a framework for making informed trading decisions and managing risk in financial markets.

#Binance #crypto2023 #buildtogether #dyor #leontech
Some Things in Crypto Trading You shouldnā€™t do #Educational Some Things in Crypto Trading You shouldnā€™t do āœ… Overtrading āœ… Never be confident āœ… Blame āœ… Fear āœ… Regret āœ… Travel & Trade āœ… Average ( Losing Trade ) āœ… Doing No stop loss trading āœ… Revenge Trading #Binance #BTC #BNB #ETH #leontech

Some Things in Crypto Trading You shouldnā€™t do

#Educational Some Things in Crypto Trading You shouldnā€™t do

āœ… Overtrading āœ… Never be confident

āœ… Blame āœ… Fear āœ… Regret

āœ… Travel & Trade āœ… Average ( Losing Trade )

āœ… Doing No stop loss trading āœ… Revenge Trading

#Binance #BTC #BNB #ETH #leontech
Differences between a Swing, Day and Long term traders by #leontech#Educational A general rule is that the longer the time frame, the more reliable the signals being given. As you drill down in time frames, the charts become more polluted with false moves and noise. Once the underlying trend is defined, traders can use their preferred time frame to define the intermediate trend and a faster time frame to define the short-term trend. Some examples of putting multiple time frames into use would be šŸ”…1. AĀ swing trader, who focuses on daily charts for decisions, could use weekly charts to define the primary trend and 60-minute charts to define the short-term trend. šŸ”…2. AĀ day traderĀ could trade off of 15-minute charts, use 60-minute charts to define the primary trend and a five-minute chart (or even a tick chart) to define the short-term trend. šŸ”…3. A long-termĀ position traderĀ could focus on weekly charts while using monthly charts to define the primary trend and daily charts to refine entries and exits. #Binance #BTC #crypto2023 #dyor #leontech

Differences between a Swing, Day and Long term traders by #leontech

#Educational A general rule is that the longer the time frame, the more reliable the signals being given. As you drill down in time frames, the charts become more polluted with false moves and noise.

Once the underlying trend is defined, traders can use their preferred time frame to define the intermediate trend and a faster time frame to define the short-term trend. Some examples of putting multiple time frames into use would be

šŸ”…1. AĀ swing trader, who focuses on daily charts for decisions, could use weekly charts to define the primary trend and 60-minute charts to define the short-term trend.

šŸ”…2. AĀ day traderĀ could trade off of 15-minute charts, use 60-minute charts to define the primary trend and a five-minute chart (or even a tick chart) to define the short-term trend.

šŸ”…3. A long-termĀ position traderĀ could focus on weekly charts while using monthly charts to define the primary trend and daily charts to refine entries and exits.

#Binance #BTC #crypto2023 #dyor #leontech
TRADING RULES, KEEP IN MIND#Educational Trading Rules āœ… Always use a trading plan āœ… Trade every time with same amount āœ… Always use stop loss āœ… Risk only what you can afford to lose āœ… Become a student of the markets āœ… Treat trading Like Business āœ… Protect your trading Capital āœ… Know when to stop trading āœ… Keep trading in perspective āœ… Use Technology to Your Advantage āœ… Develop a methodology based on facts #Binance #BTC #dyor #crypto2023 #leontech

TRADING RULES, KEEP IN MIND

#Educational Trading Rules

āœ… Always use a trading plan

āœ… Trade every time with same amount

āœ… Always use stop loss

āœ… Risk only what you can afford to lose

āœ… Become a student of the markets

āœ… Treat trading Like Business

āœ… Protect your trading Capital

āœ… Know when to stop trading

āœ… Keep trading in perspective

āœ… Use Technology to Your Advantage

āœ… Develop a methodology based on facts

#Binance #BTC #dyor #crypto2023 #leontech
What is Dark Cloud Cover Candlestick ? Dark Cloud Cover is a two-candlestick pattern that appears on a price chart and is often used as a bearish #reversal signal. The pattern is formed when a bullish candlestick is followed by a bearish #candlestick, which opens above the high of the previous candlestick and closes below the midpoint of the previous #candlestick's body. āœ… The pattern suggests that the market has shifted from a bullish #sentiment to a bearish one, and that the bears have gained control. It is considered more significant when it appears after a sustained #uptrend and is confirmed by other technical indicators, such as #volume and #moving averages. āœ… Traders often use the #Dark Cloud Cover pattern as a signal to enter a #short position or to exit a #long position. #Binance #crypto2023 #BTC #leontech #DarkCloudCover

What is Dark Cloud Cover Candlestick ?

Dark Cloud Cover is a two-candlestick pattern that appears on a price chart and is often used as a bearish #reversal signal. The pattern is formed when a bullish candlestick is followed by a bearish #candlestick, which opens above the high of the previous candlestick and closes below the midpoint of the previous #candlestick's body.

āœ… The pattern suggests that the market has shifted from a bullish #sentiment to a bearish one, and that the bears have gained control. It is considered more significant when it appears after a sustained #uptrend and is confirmed by other technical indicators, such as #volume and #moving averages.

āœ… Traders often use the #Dark Cloud Cover pattern as a signal to enter a #short position or to exit a #long position.

#Binance #crypto2023 #BTC #leontech #DarkCloudCover

Descending triangle#Educational Descending triangle A descending triangle signifies a bearish continuation of a downtrend. Typically, a trader will enter a short position during a descending triangle ā€“ possibly with CFDs ā€“ in an attempt to profit from a falling market. Descending triangles generally shift lower and break through the support because they are indicative of a market dominated by sellers, meaning that successively lower peaks are likely to be prevalent and unlikely to reverse. Descending triangles can be identified from a horizontal line of support and a downward-sloping line of resistance. Eventually, the trend will break through the support and the downtrend will continue. #Binance #crypto2023 #BTC #binancefeed #leontech

Descending triangle

#Educational Descending triangle

A descending triangle signifies a bearish continuation of a downtrend. Typically, a trader will enter a short position during a descending triangle ā€“ possibly with CFDs ā€“ in an attempt to profit from a falling market.

Descending triangles generally shift lower and break through the support because they are indicative of a market dominated by sellers, meaning that successively lower peaks are likely to be prevalent and unlikely to reverse.

Descending triangles can be identified from a horizontal line of support and a downward-sloping line of resistance. Eventually, the trend will break through the support and the downtrend will continue.

#Binance #crypto2023 #BTC #binancefeed #leontech
SHIB Burn Rate Spikes By 1,700% Ahead Of Shibarium Launch Shiba Inu (SHIB) is a popular cryptocurrency in the world. The SHIB burn rate has surged more that 1700% over the past 24 hours. #Binance #SHIB #Shibarium #BTC #leontech
SHIB Burn Rate Spikes By 1,700% Ahead Of Shibarium Launch

Shiba Inu (SHIB) is a popular cryptocurrency in the world. The SHIB burn rate has surged more that 1700% over the past 24 hours.

#Binance #SHIB #Shibarium #BTC #leontech
Rounding bottom indicator#Educational : Rounding bottom A rounding bottom is a chart pattern used in technical analysis and is identified by a series of price movements that graphically form the shape of a "U". Rounding bottoms are found at the end of extended downward trendsĀ  . This pattern's time frame can vary from several weeks to several months and is deemed by many traders as a rare occurrence. Ideally, volume and price will move in tandem. The transfer to an upward trend occurs when buyers enter the market at a low price, which increases demand . Once the rounding bottom is complete, the price breaks out and will continue in its new upward trend. The rounding bottom chart pattern is an indication of a positive market reversal, meaning investor expectations and momentum are gradually shifting from bearish to bullish. #Binance #crypto2023 #BTC #roundingbottom #leontech

Rounding bottom indicator

#Educational : Rounding bottom A rounding bottom is a chart pattern used in technical analysis and is identified by a series of price movements that graphically form the shape of a "U". Rounding bottoms are found at the end of extended downward trendsĀ  . This pattern's time frame can vary from several weeks to several months and is deemed by many traders as a rare occurrence. Ideally, volume and price will move in tandem. The transfer to an upward trend occurs when buyers enter the market at a low price, which increases demand . Once the rounding bottom is complete, the price breaks out and will continue in its new upward trend. The rounding bottom chart pattern is an indication of a positive market reversal, meaning investor expectations and momentum are gradually shifting from bearish to bullish.

#Binance #crypto2023 #BTC #roundingbottom #leontech
Ethereum EIP-4337 the game changer? This is a game changer! ā€œEIP-4337 allows contracts called Paymasters to pay gas on behalf of smart accounts.ā€ ā€œā€¦will be made available on every Ethereum Virtual Machine (EVM) compatible network including Polygon, Optimism, Arbitrum, BNB Smart Chain, Avalanche and Gnosis Chain.ā€ ā€œIt also enables the use of two-factor authenticationā€¦ā€ ā€œā€œThe next billion users are not going to write 12 words on a piece of paperā€¦ā€ #Binance #crypto2023 #ETH #EIP-4337 #leontech

Ethereum EIP-4337 the game changer?

This is a game changer!

ā€œEIP-4337 allows contracts called Paymasters to pay gas on behalf of smart accounts.ā€

ā€œā€¦will be made available on every Ethereum Virtual Machine (EVM) compatible network including Polygon, Optimism, Arbitrum, BNB Smart Chain, Avalanche and Gnosis Chain.ā€

ā€œIt also enables the use of two-factor authenticationā€¦ā€

ā€œā€œThe next billion users are not going to write 12 words on a piece of paperā€¦ā€

#Binance #crypto2023 #ETH #EIP-4337 #leontech
What is Piercing candlestick Pattern ? A #Piercing candlestick pattern is a two-candle bullish reversal pattern that appears on a price chart. The pattern usually forms after a downtrend and indicates a possible #reversal in the trend. The Piercing pattern consists of two candlesticks. The first candlestick is a #bearish candlestick that opens near the high of the day and closes near the low of the day. āœ… The second candlestick is a bullish candlestick that opens below the low of the first candlestick and closes above the #midpoint of the first candlestick's body. āœ… The bullish candlestick can also have a long real body, indicating a #stronger bullish sentiment. āœ… The Piercing pattern is considered significant when it appears after a sustained #downtrend and is confirmed by other technical indicators, such as #volume and #moving averages. #Traders often use this pattern as a signal to enter a long position or to exit a short position. #Binance #crypto2023 #BTC #piercingcandlestick #leontech

What is Piercing candlestick Pattern ?

A #Piercing candlestick pattern is a two-candle bullish reversal pattern that appears on a price chart. The pattern usually forms after a downtrend and indicates a possible #reversal in the trend.

The Piercing pattern consists of two candlesticks. The first candlestick is a #bearish candlestick that opens near the high of the day and closes near the low of the day.

āœ… The second candlestick is a bullish candlestick that opens below the low of the first candlestick and closes above the #midpoint of the first candlestick's body.

āœ… The bullish candlestick can also have a long real body, indicating a #stronger bullish sentiment.

āœ… The Piercing pattern is considered significant when it appears after a sustained #downtrend and is confirmed by other technical indicators, such as #volume and #moving averages.

#Traders often use this pattern as a signal to enter a long position or to exit a short position.

#Binance #crypto2023 #BTC #piercingcandlestick #leontech
FALLING WEDGE EXPLAINED BY #LEONTECH#Educational Falling Wedge When the price has been falling over time , a wedge pattern can occur just as the trend makes its final downward move. The trend lines drawn above the highs and below the lows on the price chart pattern can converge as the price slide loses momentum and buyers step in to slow the rate of decline. Before the lines converge, the price may breakout above the upper trend line. When the price breaks the upper trend line, it is expected that the trend will change and go up. Traders who identify bullish reversal signals will want to look for trades that will benefit from price increases. #Binance #BTC #BNB #crypto2023 #leontech

FALLING WEDGE EXPLAINED BY #LEONTECH

#Educational Falling Wedge When the price has been falling over time , a wedge pattern can occur just as the trend makes its final downward move. The trend lines drawn above the highs and below the lows on the price chart pattern can converge as the price slide loses momentum and buyers step in to slow the rate of decline. Before the lines converge, the price may breakout above the upper trend line. When the price breaks the upper trend line, it is expected that the trend will change and go up. Traders who identify bullish reversal signals will want to look for trades that will benefit from price increases.

#Binance #BTC #BNB #crypto2023 #leontech
Breaking: Tencent Announces Web3 Strategic Partnership With Ankr, Avalanche, Scroll, Sui Tencent Cloud partners with the cryptocurrency platforms Ankr, Avalanche, Scroll, and Sui and announces significant Web3 development plans. #Binance #tencent #BNB #dyor #leontech
Breaking: Tencent Announces Web3 Strategic Partnership With Ankr, Avalanche, Scroll, Sui

Tencent Cloud partners with the cryptocurrency platforms Ankr, Avalanche, Scroll, and Sui and announces significant Web3 development plans.

#Binance #tencent #BNB #dyor #leontech
RISING WEDGE EXPLAINED BY #LEONTECH#Educational Rising Wedge This usually occurs when the price has been rising over time, but it can also occur in the midst of a downward trend as well. The trend lines drawn above and below the price chart pattern can converge to help a trader or analyst anticipate a breakoutĀ reversal. While price can be out of either trend line, wedge patterns have a tendency to break in the opposite direction from the trend lines. Traders can make bearish trades after the breakout by selling theĀ  short or using derivatives such as futures or options . #Binance #crypto2023 #leontech #BTC #risingwedge

RISING WEDGE EXPLAINED BY #LEONTECH

#Educational Rising Wedge This usually occurs when the price has been rising over time, but it can also occur in the midst of a downward trend as well. The trend lines drawn above and below the price chart pattern can converge to help a trader or analyst anticipate a breakoutĀ reversal. While price can be out of either trend line, wedge patterns have a tendency to break in the opposite direction from the trend lines. Traders can make bearish trades after the breakout by selling theĀ  short or using derivatives such as futures or options .

#Binance #crypto2023 #leontech #BTC #risingwedge
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