DegenKript (@degenkript) • Hey
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- There are two strategies to enter the market:💥
Pull Back:
Pros: Snag a better entry point, adhering to the "buy low, sell high" principle.
Cons: The anticipated pullback might not happen, causing a missed opportunity.
Breakout:
Pros: You're more likely to catch significant price moves and trends.
Cons: Risk of 'false breakouts' where the price doesn't continue in the expected direction.
Choose your approach wisely based on the market context and your risk tolerance.
#Trading
#Crypto
#Stock
#Forex
- Another Epic One from ChainGPT NFTs tool 🔥
- Bitcoin ETFs Soar As 3rd Largest US Bank Reveals Ownership In New Filing 💥💥💥
https://bitcoinist.com/third-largest-us-bank-spot-bitcoin-etfs/
- STABLECOIN VOLUMES MAY COME FROM AUTOMATED ACTIVITY, BUT BOT USAGE STILL DRIVES DEFI SUCCESS 💥💥💥
https://www.cryptopolitan.com/stablecoin-volumes-bot-usage-defi-success/
- How Not To Lose Your Crypto Investments: 2024 Guide For Newbies 💥💥💥
https://cryptodaily.co.uk/2024/05/how-not-to-lose-your-crypto-investments-2024-guide-for-newbies
- CRYPTO.COM REACHES 100 MILLION USERS GLOBALLY 💥💥💥
https://www.cryptopolitan.com/crypto-com-reach-100-million-users-globally/
- Bitcoin (BTC) Survives Market Madness: A Season 2 Review of Crypto Yellow jackets 💥💥
https://coinmarketcap.com/community/articles/66382a4420631c5910efeac4/
- 🎯Understanding The Continuation Pattern...💥💥💥
Get to grips with these continuation patterns:
1. Bullish Flag: A brief consolidation after a sharp rise, usually followed by a continued uptrend.🔼
2. Bullish Pennant: Similar to the flag, but with converging trend lines. Signals a likely breakout upward.📈
3. Ascending Triangle: Higher lows into a flat resistance level suggest bullish pressure; a breakout is often upward.🟢
On the flip side:
1. Bearish Flag: A small recovery during a downtrend, which typically results in further decline.🔽
2. Bearish Pennant: Decreasing volume and converging lines during a downtrend hint at continuation of the bearish market.📉
3. Descending Triangle: Lower highs into a flat support level indicate bearish sentiment; a breakdown is commonly seen.🔴
Trade smart, watch for these patterns to unfold! ✔️
#Trading
#Crypto
#Stock
#Forex
- Grayscale’s GBTC Sees Positive Inflow After Prolonged Downturn 💥💥💥
https://coinmarketcap.com/community/articles/6635e19f4071a37952b44768/
- US ETFs Experience Record-Breaking Outflows As Bitcoin ETF From BlackRock Reports First Sell-Off Day 💥💥💥
https://coinmarketcap.com/community/articles/6633076d00c3594e23b3281d/
- Bitcoin Is Evolving! 💥💥💥
https://coinmarketcap.com/community/articles/662f2a5efe540664ef234f39/
- Binance Seeing Ethereum Whales Outflow: What's Happening? 💥💥💥
https://coinmarketcap.com/community/articles/662e2760c1946033df50e97e/
- BITCOIN DEFIES ODDS, HOLDS FIRM ABOVE $ 64K AMID CRACKDOWNS 💥💥💥
https://www.cryptopolitan.com/bitcoin-defies-odds-holds-firm-above-64k/
- Solana Mobile ‘Chapter 2’ airdrops briefly exceed cost of pre-order 💥💥💥
https://coinmarketcap.com/community/articles/662b3a8cf731e2268ff5205f/
- Crypto market stumbles amid arrest of Samourai Wallet founders 💥💥💥
https://coinmarketcap.com/community/articles/6629cbbe730cda77c847a37f/
- Core Scientific Boosts Bitcoin Mining Capacity in Texas Ahead of Halving 💥💥💥
https://coinmarketcap.com/community/articles/661ea528eaa21b7b1384d356/
- 🎯 How To Avoid Fakeouts... 💥💥💥
Remember, high trading volume during a price breakout usually signals strength🔼
If volume dips as prices break through resistance, think twice—it could be a misleading move or a 'fakeout'." 📉
Always Avoid Fakeouts and Trade Safe 🛡
#Trading
#Crypto
#Stock
#Forex
- GLOBAL INTEREST IN BITCOIN HALVING REACHES NEW HEIGHTS 💥💥💥
https://www.cryptopolitan.com/interest-in-bitcoin-halving-reach-new-height/
- Now It's Getting Closer... 💥💥💥
- Bitcoin Pre-Halving Dip: Crypto.com CEO Expects Rebound in 6 Months 💥💥💥
https://coinmarketcap.com/community/articles/661ea63b0a0004572501db49/
- 🎯 Avoid These Mistakes When Trading The Breakout 💥💥💥
A key tip: When a stock price breaks out, don't rush to buy at the breakout level. Instead, place your buy order just above the highest point of the breakout candle.
This helps confirm the breakout is genuine, reducing the risk of falling for a false breakout.✔️
#Trading
#Crypto
#Stock
#Forex
- Top Crypto To Invest in for Massive Gains (April Edition) 💥💥💥
https://coinmarketcap.com/community/articles/661c0932062519627ff7f22c/
- Ethereum's Pectra upgrade slated for Q4 2024, bringing smart contract features and improved UX for wallets 💥💥💥
https://cryptobriefing.com/ethereum-pectra-upgrade-smartcontract-functionality-eoa/
- LONDON’S MAYORAL CANDIDATE PROPOSES ‘LONDON TOKEN’ FOR CITYWIDE CRYPTO INTEGRATION 💥💥💥
https://www.cryptopolitan.com/londons-mayoral-candidate-london-token/
- 🎯 How To Catch Full Confirmation Trade 💥💥
Here's our breakdown for a confirmed trade entry:
1. Observation: Notice the doji candlestick—this signifies indecision in the market.
2. Breakdown: A price drop breaks the previous trend's high-low (HL) point, indicating potential bearish momentum.
3. Confirmation: Wait for a bearish candle to form before considering entry. We don't act on the breakout alert immediately—we need full confirmation.
4. Entry: If the following candle confirms the downtrend, we enter the trade at this point.
5. Stop Loss (SL): Set the SL above the recent high, beyond the doji candlestick to minimize risk if the market reverses.
6. Target: The target is set lower, where the price is expected to move down based on the observed momentum.
Remember, patience is key. Trade wisely and stick to the plan!
#Trading
#Crypto
#Stock
#Forex
- Bitcoin Can Reach $ 140,000 After This Rare Signal Prints: Analyst 💥💥💥
https://www.newsbtc.com/bitcoin-news/bitcoin-140000-rare-signal-prints/
- When Will Tornado Cash (TORN) Exceed $ 15? A Closer Look 💥💥💥
https://coinmarketcap.com/community/articles/661388e9781bbd4a7ff1052a/
- Bitcoin Eyes Break Above $ 70,000 Resistance Level 💥💥💥
https://coinmarketcap.com/community/articles/6613843d96e0500e0c9f96f9/
- 🎯 Possible Scenarios In Crypto... 💥💥💥
Here's a snapshot of four possible scenarios you might encounter in the markets:
1. Straight to Target: The price moves directly to your profit target.
2. Straight to Stop Loss: The price heads right to your stop loss, indicating a loss.
3. Near Stop Loss, Then Target: The price almost hits the stop loss before reversing towards your profit target.
4. Near Target, Then Stop Loss: The price comes close to the profit target before falling back to hit the stop loss.
Each scenario is a reminder to be prepared for any market movement. Plan your trades and trade your plan! ✔️
#Trading
#Crypto
#Stock
#Forex
- Top Analyst Forecasts Breakout Rallies for Dogecoin (DOGE) and Two Other Meme Coins 💥💥💥
https://coinmarketcap.com/community/articles/66113a4a22877569e188aa03/
- Solana’s Team Lead Ensures “Known Solutions” for Transaction Failures 💥💥💥
https://coinmarketcap.com/community/articles/6610ecf1b6a7eb56a9bf3650/
- 🎯 How To Manage Your Risk Trading... 💥💥💥
To manage risk effectively while aiming for daily earnings, consider this:
- To gain $ 10/day, you’d need $ 333 at 3% daily gain, or $ 1,000 at 1%.
- For $ 100/day, aim for $ 3,333 at 3% or $ 10,000 at 1%.
- Targeting $ 500/day? You need $ 16.7K at 3% or $ 50K at 1%.
- And for $ 1,000/day, it’s $ 33.3K at 3% or $ 100K at 1%.
Keep your risk within 1-3% and adjust your capital accordingly.✅
Trade wisely!💯
#Trading
#Crypto
#Stock
#Forex
- Proposal to Deeply Change Ethereum’s Structure Gathers Backlash: What’s the Truth? 💥💥💥
https://coinmarketcap.com/community/articles/661054b5ad6a2231f9442d84/
- VANECK PREDICTS ETHEREUM LAYER 2S TO BE WORTH $ 1T BY DECADE’S END 💥💥💥
https://www.cryptopolitan.com/vaneck-ethereum-layer-2s-to-be-worth-2t/
- Bitcoin Targets $ 500K in the Upcoming Bull Run: Crypto Analyst 💥💥💥
https://coinmarketcap.com/community/articles/660fe095cfae413ba09f8481/
- New Solana Meme Coin Hump (HUMP) Skyrockets 20X Gaining Investor Attention, Is It the Next Book of Meme (BOME)? 💥💥💥
https://coinmarketcap.com/community/articles/660f8d70ddbb8b1c649dea1b/
- Algotech Giveaway Steals Attention Away from Crypto Market Dump as Solana Price Dips Despite Memecoin Surge 💥💥💥
https://coinmarketcap.com/community/articles/660e76945a0d92635a302eb4/
- This simple Bitcoin investment strategy prevents crypto traders from being liquidated 💥💥💥
https://cointelegraph.com/news/this-simple-bitcoin-investment-strategy-prevents-crypto-traders-from-being-liquidated
- Spring into E-commerce Success with Pushd, Where a 40X Growth is on the Horizon for Ripple and Cardano Investors 💥💥💥
https://coinmarketcap.com/community/articles/660d00a4881e845b7b932350/
- TELEGRAM OFFERS 50% AD REVENUE SHARE TO CHANNEL OWNERS 💥💥💥
https://www.cryptopolitan.com/telegram-offer-50-ad-revenue-share-to-channel-owners/
- 🎯How To Trade With Bullish Flag 💥💥💥
Here's a quick rundown on trading the Bullish Flag:
1. Identify the sharp upward trend (the flag pole).
2. Find the slight downward consolidation (the flag).
3. Make sure the pullback is less than 38% of the flag pole.
4. Enter at the flag's bottom or after a breakout above the flag.
5. Target a rise equal to the flag pole's height post-breakout.
Trade Smart!🔥
#Trading
#Crypto
#Stock
#Forex
- Fezoo (FEZ) Exchange Seeks to Eclipse Binance and OKX, Offering 5,000% Growth for Ethereum and Cardano Investors 💥💥💥
https://coinmarketcap.com/community/articles/660a5dafeb047e00c4121873/
- 🎯 Understanding PullBack After Breakout Entry 💥💥💥
Let's break down the "Pullback After Breakout Entry" from the chart:
- Breakout: The price jumps over a resistance, suggesting a start of an uptrend.
- Pullback: The price then dips slightly, retesting the old resistance, which should now act as new support.
- Entry: This retest is our chance to enter the trade, expecting the price to rise.
- Stop Loss: We place a stop loss just below the new support to minimize losses if the trend reverses.
- Initial Target: Our profit goal is set at a level above our entry, where we might consider taking some profit off the table.
Stick to the plan for disciplined trading!✔️
#Trading
#Crypto
#Stock
#Forex
- ETHEREUM CO-FOUNDER VITALIK BUTERIN SPARKS CONTROVERSY WITH “CRYPTO VILLAINS” REMARKS 💥💥💥
https://www.cryptopolitan.com/buterin-with-crypto-villains-remarks/
- Binance Executives Sue Nigeria’s NSA and EFCC for Rights Violation 💥💥💥
https://coinmarketcap.com/community/articles/66064f767c207e5a47721cf9/
- 🎯 Understanding The Principles of Scalping 💥
Let's break down "Scalping," a rapid-fire trading strategy:
- Short Duration: Trades last from a few seconds to minutes, like the examples here: 1 min 45 sec and 6 min.
- Quick Profits: It's all about making small gains on minor price movements, repeatedly throughout the day.
This approach is intense and not for the faint of heart. It requires quick decisions, a strict exit strategy, and constant market watch. Perfect for those who love a fast-paced trading environment.
#Trading
#Crypto
#Stock
#Forex
- FTX ESTATE PLANS TO SELL $ 884M STAKE IN AI FIRM ANTHROPIC 💥💥💥
https://www.cryptopolitan.com/ftx-estate-sell-884m-stake-anthropic/
- Bitcoin is “Overheating” For The First Time Ever Before Halving 💥💥💥
https://www.newsbtc.com/bitcoin-news/bitcoin-overheating-first-time-ever-before-halving/
- RippleX Alerts Users Against a Technical Glitch Affecting AMM Pools 💥💥💥
https://coinmarketcap.com/community/articles/66011516db13023d9499dcb1/
- The 2024 Launchpad Token Outlook: Bull Run Investment Strategy💥💥💥
https://coinmarketcap.com/community/articles/66007939f40fc872523d485e/