How To Identify And Trade Market Traps |Technical Analysis Lesson

Turn $35 to $35,000 by flipping shitcoins.
No genius required, just master the art of shitcoin trading
These secrets will help you earn 100x more
So, let's start by addressing those who claim that going from $100 to $10,000 is an easy task.
The immediate response is: No, you really need to put in a lot of hard work for this.
It's not all rainbows and unicorns.
However, understanding some key trading rules can help you achieve success faster.
① Everyone has a different portfolio sizes and different risk levels when it comes to aping into coins:
When I had $100, I went all in, and somehow it worked out.
While I was investing $100, others were putting in $1,000, $5,000, or even $20,000 into the same coin.
Take your time and don't rush to compare yourself to others.
You'll get there soon. The longer you stick to your size, the safer you'll be.

② Don't fall in love with a project – you are a trader, you're here to make big money:
Avoid holding onto every bullsh*t investment. In reality, 99% of projects won't reach even $100M mcap.
Secure your gains and keep progressing.
Our goal is to create wealth, not just send stickers all day in Telegram/Discord groups.

③ On your way to the first $10,000, you should aggressively take profits:
Yes, you heard that correctly.
Don't be afraid to exit a trade even if looks very promising and can surge by 1000x, as the likelihood of hitting such high returns is very slim – typically just a 1/100 probability.

Therefore, it's wiser to secure some profits rather than risking your entire stake each time.
While you might regret missing out on huge gains if the coin skyrockets to millions, remember that it's all part of the process.
It's a slow but safe way, so appreciate what you've earned.

④ Please, remember this one very important thing – cut your losses early:
Bro, just keep in mind, that having looser trader are completely normal.
Even the greatest trader in the world, suffer looses.
It's a part of the game we are all playing in.
Statistically speaking, there have been very few cases in the market when a meme coin could reverse after a -60% loss.

⑤Avoid chasing unnecessary trades when you're uncertain about potential gains:
You don't want to see your deposit plummet to $0, am I right?
Some coins surge rapidly but also crash just as quickly.
Remember, those who enter early very often like to dump their bags when others join due to FOMO at the peak.

⑥ When flipping shitcoins, FUD is often misleading about 70% of the time:
Don't blindly believe everything you hear; conduct your research and trust your instincts.

Here's a personal example 👇
There have been times when FUD led me to sell a coin at a loss, only for it to spike 100x just a few days later from my initial entry.
Now, I've completely changed my strategy. This shift has had a really positive impact on my portfolio.

I have a quick favor to ask 👉👈
I put a lot of effort into crafting this article to be genuinely helpful for you, so if you find it valuable, please follow me, share, comment, or just hit like❤️

#BitEagleNews #Memecoins

Bitcoin weekly candle closed above $50,000 for the first time in 2 years.

The crypto market is going strong right now with #Bitcoin‬ sitting at $52,000. Bitcoin ETFs sees $2.2B inflows in a week and BlackRock being the leader with $1.6B inflows alone.
How far this can go ? This is what we're going to discuss today based on Price action.
Before we start this week's update this is what we discussed in last week's update.

The price was around $48k when we discussed that there is the room for price to continue to push towards $52k and that will decide what we can expect next. Now that price is holding at $52k lets see what we have on charts.

BTCUSD (Weekly)

The weekly close is pretty strong not only bitcoin closed above $50k but also that $52k zone i marked in my last update.
So what's next ? well technically as the price is bullish and we do not have reason to be bearish i think it is ok to be on the bulls side unless we see a clear invalidation of trend based on the weekly chart.
What price we can target next?
First scenario

The first bullish scenario we have is as price is above $52k on the weekly chart, as long as it holds above $50500 on the daily closing basis we can expect bitcoin to continue moving from here towards $58k to $61k area and this is the area that marked the last top.
You might be wondering why i talked about Daily chart when i attached the weekly chart picture so this is the daily low i want price to hold on the daily chart. Remember the more lower timeframe consolidate the better it is for the high timeframe move.

The second scenario
We can't under estimate the bears stepping in any time.
so bear in mind that even bitcoin pullback towards $45k from here the weekly chart will still remain bullish

We do not have any reason to call for this move as i said we now have daily support at $50k area so as long as price holding above it there is no sign for a price drop.
i'm attaching this just case we see a sharp move down, as it's a weekly update so anything can happen in 7 days. i'm giving you an early update just in case you see a sudden drop you will know what area you should be watching as a potential high timeframe zone.

This is it for this week's #BTC‬ update i hope you understand what i'm saying and learned something from it. i would love to hear your opinions.

$BTC