The role of AI trading bots in reducing losses and increasing profits
#MarketRebound If you are new to Binance or are experiencing frequent losses in crypto trading, don’t worry; you are not alone. Many traders, whether beginners or experienced, face challenges related to market analysis, making the right decisions, and managing risks. This is where AI-powered trading bots come in as an innovative and effective solution that can help you improve your performance and minimize your losses.
Cryptocurrency markets saw a significant surge yesterday, with Bitcoin crossing the $100,000 mark, reflecting strong optimism in the cryptocurrency market. 
This surge is known as #ReboundRally , a term used to describe a rapid recovery in asset prices after a period of decline or stability.
• Possible reasons for this surge include:
- Interest rate cut expectations: Reports have indicated that the US Federal Reserve may cut interest rates, increasing the attractiveness of digital assets as an alternative investment.  - Increased institutional adoption: Major companies have announced their intention to invest in or accept digital currencies as a means of payment, boosting confidence in the market. - Positive regulatory developments: Signals from some governments towards regulating and supporting digital assets may contribute to increased demand.
However, investors should be cautious, as cryptocurrency markets are known for their high volatility, and periods of rise may be followed by price corrections.
Therefore, it is always advisable to conduct the necessary research and understand the potential risks before making investment decisions.
After analyzing the options of the currencies I chose, he gave me the settings to set the bot with.
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MD ALSHMRANI
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The role of AI trading bots in reducing losses and increasing profits
#MarketRebound If you are new to Binance or are experiencing frequent losses in crypto trading, don’t worry; you are not alone. Many traders, whether beginners or experienced, face challenges related to market analysis, making the right decisions, and managing risks. This is where AI-powered trading bots come in as an innovative and effective solution that can help you improve your performance and minimize your losses.
I advise you to use artificial intelligence to design a bot for you and give you currency indicators and when they start and end.
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Neiuy20242024
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Bearish
"The currency always goes down as soon as I enter it, and when I sell it, it suddenly goes up. It's like the market is deliberately trying to go against me!"
1-Current price: -The current price of Bitcoin is $93,396, down 2.08% compared to the previous week.
2-MACD (12,26,9): -The MACD lines (blue) and the signal (orange) are close together, indicating a possible decline in bullish momentum or a correction. -The histogram shows a decrease in the rise, supporting the idea of a decline in positive momentum.
3-RSI (14): -The relative strength index is at 66.21, which is close to the overbought zone (70). This indicates that the market may witness selling pressure if prices continue to rise.
4-Japanese candlesticks: -The current candle shows a correction after a strong rise over the past weeks, with the possibility of facing strong resistance near the $95,000-100,000 levels.
Forecast: - Bullish scenario: If the resistance at $95,000 is broken with strong trading volume, the price may continue towards $100,000 levels or higher. - Bearish scenario: If the correction continues, the first support will be at $85,000, followed by $80,000. $BTC #RideTheKaiaWave
• MACD line is above the Signal Line, indicating positive momentum. • The positive bars on the MACD chart support the uptrend, but their strength seems moderate. 2. RSI (Relative Strength Index):
• RSI reading of 58.79 indicates that the currency is in a neutral to bullish zone, away from the overbought (70) and oversold (30) zone.
Both USDT (Tether) and USDC (USD Coin) are stablecoins, used for almost the same purpose, but there are differences between them:
Similarities:
• Main goal: Providing a tool linked to the US dollar to reduce price volatility in trading.
• Use: They are widely used in trading, storage, and transfer operations.
Which of the two currencies is better?
• #USDT : Best for speculators and traders due to its high liquidity and wide spread.
• #USDC : More transparent and regulated, making it a suitable option for individuals and companies that prefer to work with more secure financial systems.
Conclusion: The choice depends on your needs and preferences in terms of liquidity or transparency.
Support and Resistance Areas: • Resistance Areas: • Current resistance at $2.30: If broken, the price may head towards $2.50 and possibly $3.00, which are key historical levels. • Support Areas: • First support at $2.00: In case of correction, the price may rebound from this level. • Next support at $1.50: It represents strong support if selling pressure continues.
Technical Indicators: 1. Monthly Candles: • The last candle is long green, indicating strong bullish momentum, but attention should be paid to the possibility of correction after this sharp rise. 2. Trading Volume: • A significant increase in trading volumes (19.204 billion), which enhances investor confidence and indicates great activity in the market. 3. Long-term Trend: • The general trend shows a positive shift from sideways movement to upward movement.
Upcoming Expectations: 1. If the bullish momentum continues: • The resistance at $2.30 may be broken, targeting $2.50 or $3.00 levels. 2. If a correction occurs: • The price is expected to decline towards $2.00, a strong support area that may witness a rebound.
General trend analysis: 1. Historical rise: • The currency has witnessed strong upward waves since 2018, interspersed with major corrections. • There is a clear rise during 2023 and 2024, with the upward trend continuing in recent months. 2. Current point: • The price is at $95,740, close to the recent highs ($98,000), indicating selling pressure after this significant rise.
Support and resistance areas: • Strong resistances: • $98,000 level: represents a psychological and technical barrier, and if broken, the price may move towards $100,000 or higher. • $120,000 level: is considered a long-term target if the upward trend continues. • Strong supports: • $90,000 level: represents the first strong support level if a correction occurs. • $80,000 level: represents additional support in case selling pressure increases.
Next Expectations: 1. If the uptrend continues: • Breaking the resistance at $98,000 may push the price towards $100,000 or more. 2. If a correction occurs: • The price is expected to drop towards $90,000, with a possibility of rebounding from it if the market remains positive.
Trading Tip: • Follow the main resistance and support areas. • Use strong risk management with stop loss settings. • Monitor market news and economic indicators as they greatly affect Bitcoin’s movement.
#BTCoutlook is a term used in the financial and economic community to refer to future Bitcoin (BTC) price forecasts. It usually expresses the expectations or trends that analysts or investors expect regarding Bitcoin price movement in the near or distant future. These forecasts may include technical analysis, fundamental analysis, or economic forecasts related to supply and demand, regulatory developments, or geopolitical events that may affect the cryptocurrency market.
These forecasts are usually posted on social media platforms or forums specialized in cryptocurrencies such as Twitter, Reddit, or cryptocurrency forums.
Everyone, without exception, I have not seen a single opinion that has proven itself. The field, my brother, is subject to interactions beyond control.
I speak for myself. Ok, I was greedy and said, “Okay, the profits will increase more, or will I sell?” until I lost and remembered that contentment is a treasure of profit. 5$ for every 100$ of capital, I stopped after that. Not every day, of course, but follow up before entering.
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youssef67
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Everyone, without exception, I have not seen a single opinion that has proven itself. The field, my brother, is subject to interactions beyond control.
I have a simple comment that will simplify your problem and make you reach this idea. "Everything you gain, you will lose again." When you gain something simple, greed comes to you and increases the gain. If you were satisfied with what you gain and just stop👌
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youssef67
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Summary of what is happening in the digital currency market
- Digital currencies are a big illusion and a criminal network run by professional hackers - We are a game in the hands of a few scammers - I challenge Spock to get out of the market with a profit.. Everything you gain you will lose again - The misleading news network that we participate in every time out of ignorance in order to enter the whale network fools - It is difficult to apply what is permissible and what is forbidden to yourself and you see someone eating you while you are awake, so naturally you may drift towards what is forbidden - The rise and fall and the currency will be hit and you imagine that you are a millionaire... an illusion controlled by the platforms - Digital currencies are a big illusion run by a network of scammers with the aim of exhausting your financial capabilities only - Whoever tells you to trade by copying and you will gain, say it after experience, consultations and monitoring... you will lose too - Copy bots are the biggest scam there is and you will lose too I am sorry to spread such frustration but this is my message before I get out of this illusion... God May God bless you
The term “Market Pullback” refers to a temporary decline in the prices of stocks or financial assets in the market after a period of increases. This decline usually occurs by a small or medium percentage (usually 5% to 10%), and is usually considered a healthy correction of the market in the context of long-term growth.
The “Pullback” is not necessarily a sign of a problem or crisis, but rather is considered a natural part of the market movement. After a period of continuous increases, some stocks or indices may begin to decline slightly due to profit-taking sales or changes in economic or political factors.
The difference between “Pullback” and “Market Correction”: • Pullback: A slight decline (usually less than 10%) within an upward trend. • Market Correction: Refers to a larger decline in the market (more than 10%) and usually occurs after long periods of excessive increases.
Pullbacks sometimes provide opportunities for investors to enter the market at lower prices compared to previous highs, but it is always important to be cautious and analyze the economic conditions to avoid major risks.
#MarketPullback Peace be upon you, my brothers Today, the market witnessed some rise and then fell again to confirm again that it is in an unbalanced and incomprehensible stage and everyone should be careful with every step they take because it may cost a lot of losses in addition to the absence of analysts and VIP channel owners to guide and enlighten traders.. So we say that the situation is bleak and no one can be certain about the next step for the market. What is certain is that those who own the market are the big whales and not the big analysts. Thank you for following up, my friends.