LIVEwaqasvikitrade
@waqasvikitrade
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Selling pressure in cryptocurrency occurs when a significant number of investors decide to sell their holdings, often due to factors like market uncertainty, negative news, profit-taking, or changes in regulations. This surge in sell orders increases the supply of the cryptocurrency on exchanges, outpacing the demand, and causing prices to drop. The fear of further decline can trigger more selling, creating a cycle where the value of the cryptocurrency continues to fall until the selling pressure stabilizes or reverses due to renewed buying interest or positive market developments.
$BTC play
LIVEwaqasvikitrade
--
Bullish
Considering entering the $BTC market for a long position. đ Excited to see where this ride takes us! #BitcoinTherapist #BitcoinTherapist
Considering entering the $BTC market for a long position. đ Excited to see where this ride takes us! #BitcoinTherapist #BitcoinTherapist
BTC Long Trade
**Entry Zone:** 61650 - 61950
**Stop Loss (SL):** 61320
**Take Profit (TP):** 64000
**Leverage:** 10x
**SL Update:** Wait for a 4-hour candle closure before adjusting SL.
**Entry Zone:** 61650 - 61950
**Stop Loss (SL):** 61320
**Take Profit (TP):** 64000
**Leverage:** 10x
**SL Update:** Wait for a 4-hour candle closure before adjusting SL.
$RDNT
The weekly chart for $RDNT indicates a favorable buying opportunity at its current level. Technical analysis suggests potential for an upward movement, making it a good time to buy now. Target a sell range between $0.40 and $0.50 to capitalize on expected price gains. Ensure to monitor market conditions and adjust your strategy accordingly.
The weekly chart for $RDNT indicates a favorable buying opportunity at its current level. Technical analysis suggests potential for an upward movement, making it a good time to buy now. Target a sell range between $0.40 and $0.50 to capitalize on expected price gains. Ensure to monitor market conditions and adjust your strategy accordingly.
$BTC 1 TP hit
LIVEwaqasvikitrade
--
Bearish
BTC Short
đ **Entry:** If BTC breaks $64,250, we open a short position.
đŒ **Take Profit (TP):
1. TP1: $63,750
2. TP2: $63,550
đĄïž **Stop Loss (SL):** $64,600 (Set SL after 2 hours if the trade is still active)
đ§ **Leverage:** 5X
đ° **Capital Allocation:** $250-$550 (adjust according to your budget)
đ **Strategy Summary:**
1. Monitor BTC closely for a break below $64,250.
2. Execute the short trade once the price dips below this level.
3. Set the first take profit at $63,750 and the second at $63,550.
4. Place your stop loss at $64,600 but only after 2 hours from trade entry.
5. Use a 5X leverage to maximize potential gains.
6. Allocate $250-$550 based on your risk tolerance and budget.
đš **Risk Management:**
- Ensure you are comfortable with the risks involved.
- Always trade responsibly and within your financial means.
Happy trading and stay vigilant! đđ°
#Crypto l #Bitcoin
#BTC #ShortTrade #TradingStrategy #CryptoAlerts #Leverage #RiskManagement
đ **Entry:** If BTC breaks $64,250, we open a short position.
đŒ **Take Profit (TP):
1. TP1: $63,750
2. TP2: $63,550
đĄïž **Stop Loss (SL):** $64,600 (Set SL after 2 hours if the trade is still active)
đ§ **Leverage:** 5X
đ° **Capital Allocation:** $250-$550 (adjust according to your budget)
đ **Strategy Summary:**
1. Monitor BTC closely for a break below $64,250.
2. Execute the short trade once the price dips below this level.
3. Set the first take profit at $63,750 and the second at $63,550.
4. Place your stop loss at $64,600 but only after 2 hours from trade entry.
5. Use a 5X leverage to maximize potential gains.
6. Allocate $250-$550 based on your risk tolerance and budget.
đš **Risk Management:**
- Ensure you are comfortable with the risks involved.
- Always trade responsibly and within your financial means.
Happy trading and stay vigilant! đđ°
#Crypto l #Bitcoin
#BTC #ShortTrade #TradingStrategy #CryptoAlerts #Leverage #RiskManagement
BTC Short
đ **Entry:** If BTC breaks $64,250, we open a short position.
đŒ **Take Profit (TP):
1. TP1: $63,750
2. TP2: $63,550
đĄïž **Stop Loss (SL):** $64,600 (Set SL after 2 hours if the trade is still active)
đ§ **Leverage:** 5X
đ° **Capital Allocation:** $250-$550 (adjust according to your budget)
đ **Strategy Summary:**
1. Monitor BTC closely for a break below $64,250.
2. Execute the short trade once the price dips below this level.
3. Set the first take profit at $63,750 and the second at $63,550.
4. Place your stop loss at $64,600 but only after 2 hours from trade entry.
5. Use a 5X leverage to maximize potential gains.
6. Allocate $250-$550 based on your risk tolerance and budget.
đš **Risk Management:**
- Ensure you are comfortable with the risks involved.
- Always trade responsibly and within your financial means.
Happy trading and stay vigilant! đđ°
#Crypto l #Bitcoin
#BTC #ShortTrade #TradingStrategy #CryptoAlerts #Leverage #RiskManagement
đ **Entry:** If BTC breaks $64,250, we open a short position.
đŒ **Take Profit (TP):
1. TP1: $63,750
2. TP2: $63,550
đĄïž **Stop Loss (SL):** $64,600 (Set SL after 2 hours if the trade is still active)
đ§ **Leverage:** 5X
đ° **Capital Allocation:** $250-$550 (adjust according to your budget)
đ **Strategy Summary:**
1. Monitor BTC closely for a break below $64,250.
2. Execute the short trade once the price dips below this level.
3. Set the first take profit at $63,750 and the second at $63,550.
4. Place your stop loss at $64,600 but only after 2 hours from trade entry.
5. Use a 5X leverage to maximize potential gains.
6. Allocate $250-$550 based on your risk tolerance and budget.
đš **Risk Management:**
- Ensure you are comfortable with the risks involved.
- Always trade responsibly and within your financial means.
Happy trading and stay vigilant! đđ°
#Crypto l #Bitcoin
#BTC #ShortTrade #TradingStrategy #CryptoAlerts #Leverage #RiskManagement
**Exciting News: Ethereum ETF Update! đ**
Spot Ethereum ETF issuers including BlackRock, VanEck, Franklin Templeton, Grayscale Investments, Invesco Galaxy, and 21Shares have filed amended registration statements (S-1s), revealing seed investments and fee details. Stay tuned for more updates!
#Ethereum #ETF #CryptoInvesting #Blockchain
#BinanceTournament
Spot Ethereum ETF issuers including BlackRock, VanEck, Franklin Templeton, Grayscale Investments, Invesco Galaxy, and 21Shares have filed amended registration statements (S-1s), revealing seed investments and fee details. Stay tuned for more updates!
#Ethereum #ETF #CryptoInvesting #Blockchain
#BinanceTournament
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