LONG BTC / USDT with 2x-10x leverage
Entry Price:29520$-29,700$
Target Price: 29900 - 30100 - 30250 - 30400 - 30550 - 30800 - 31000 - 31300
Stop Loss:29100$
Entry Price:29520$-29,700$
Target Price: 29900 - 30100 - 30250 - 30400 - 30550 - 30800 - 31000 - 31300
Stop Loss:29100$
#BTC_Update 4H
Nothing changes yet. Still holding the $29.5k support. Next week will be very crucial. Fed is going to announce their rate hikes next week (25th July) so till then didn't expect much movement.
(Slowly going down). In this market condition better to stay aside and wait for the right market conditions to trade.
Nothing changes yet. Still holding the $29.5k support. Next week will be very crucial. Fed is going to announce their rate hikes next week (25th July) so till then didn't expect much movement.
(Slowly going down). In this market condition better to stay aside and wait for the right market conditions to trade.
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❤5
Meaning Of DCA 👇
Dollar Cost Average (DCA) .
This is one of the important parameters you should consider when entering a position. You do Not want to deploy 100% of the assigned capital for that particular trade. (assuming you set aside 5% of your total capital for the trade). You do not want to do this especially if you are trading in the futures market as the cryptomarket works extremely fast. The futures market moves incredibly fast especially if you are using high leverage. ( I do not recommend traders using more than 10x leverage unless you are expierenced)
When entering a position for the first time. Let’s say I had $1,000 allocated from my total capital to open a new position in a future trade.
My first entry will always be anywhere from 10-20% of my capital.
So now, I have decided I want to hop into a trade. I want to buy Vetchain:
I buy the Coin at $0.0560 with 20% of my capital. 200$ initial investment in the trade. After a few seconds it drops a bit down to $0.05540 my position is negative but I have faith this trade will see a reversal. I deploy another 25% of my capital. Boom now I have used 45% of my capital and my average entry priced has now dropped from $0.0560 to $0.0557. Now I'll wait to see what happens. What direction the trade moves in. Say, the coin has pulled back a bit more to even $0.0542 I deploy another 20% or more. My average buy in price has decreased even more. Next thing you know the coin has bounced back and I'm riding it into deep profits as it breaks above $0.0560 again.
I hope this breakdown on how entering a position will help you guys. It will make you guys feels lot less stressed when entering a position. Not every trade is going to be a win right away or at all but doing this method helped in reducing your overall loss if the trade hit Stop Loss.
Dollar Cost Average (DCA) .
This is one of the important parameters you should consider when entering a position. You do Not want to deploy 100% of the assigned capital for that particular trade. (assuming you set aside 5% of your total capital for the trade). You do not want to do this especially if you are trading in the futures market as the cryptomarket works extremely fast. The futures market moves incredibly fast especially if you are using high leverage. ( I do not recommend traders using more than 10x leverage unless you are expierenced)
When entering a position for the first time. Let’s say I had $1,000 allocated from my total capital to open a new position in a future trade.
My first entry will always be anywhere from 10-20% of my capital.
So now, I have decided I want to hop into a trade. I want to buy Vetchain:
I buy the Coin at $0.0560 with 20% of my capital. 200$ initial investment in the trade. After a few seconds it drops a bit down to $0.05540 my position is negative but I have faith this trade will see a reversal. I deploy another 25% of my capital. Boom now I have used 45% of my capital and my average entry priced has now dropped from $0.0560 to $0.0557. Now I'll wait to see what happens. What direction the trade moves in. Say, the coin has pulled back a bit more to even $0.0542 I deploy another 20% or more. My average buy in price has decreased even more. Next thing you know the coin has bounced back and I'm riding it into deep profits as it breaks above $0.0560 again.
I hope this breakdown on how entering a position will help you guys. It will make you guys feels lot less stressed when entering a position. Not every trade is going to be a win right away or at all but doing this method helped in reducing your overall loss if the trade hit Stop Loss.
❤2
#MATICUSDT
LONG/BUY : 0.7403 - 0.7380
Targets:- 0.7425 - 0.7450 - 0.7480 - 0.7520 ++
Stop Loss 0.7360
Leverage: 25X To 10X ( Use Leverage according to your risk management )
Use only upto 5% of Total Funds
LONG/BUY : 0.7403 - 0.7380
Targets:- 0.7425 - 0.7450 - 0.7480 - 0.7520 ++
Stop Loss 0.7360
Leverage: 25X To 10X ( Use Leverage according to your risk management )
Use only upto 5% of Total Funds
BlockMap | Announcement
$ID Wait for retest[ Enter After Retest ]
$ID 84% profit with 20x lev 1st target done✅
Ohh ! Prafull i had a loss whats to do ??
Its a signal bro
God is saying to work hard
To learn more
And once you ready god is ready to give more than it
Its a signal bro
God is saying to work hard
To learn more
And once you ready god is ready to give more than it
❤3🔥3🙏2👍1
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