Pro Analysis
BTCUSD Going for the top of the triangle at ~9721.. This has played out well so far..
BTCUSD
Target reached.. BTC is looking bullish though.. i'll fancy a break upwards than lower prices in the next few weeks..
Target reached.. BTC is looking bullish though.. i'll fancy a break upwards than lower prices in the next few weeks..
Pro Analysis
FireShot_Capture_591_bwdKPLdJ_1274×569_www_tradingview_com.png
A few cents from TP1
#BITCOIN Cup&Handle Update:-
BTCUSD current Price is $9550 and now trading at Resistance level.
Today rejected from $9750 resistance point.
So we can see some Retracement from this Level.
Support= $8443/$6775
Resistance = $10000 if breakout $10000 then ready to fly and Target would be $12944.
BTCUSD current Price is $9550 and now trading at Resistance level.
Today rejected from $9750 resistance point.
So we can see some Retracement from this Level.
Support= $8443/$6775
Resistance = $10000 if breakout $10000 then ready to fly and Target would be $12944.
XLMUSDT
As XLM approaches resistance, you think it's going to hold for the 4th time?..
As XLM approaches resistance, you think it's going to hold for the 4th time?..
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Guys, We just rebranded with a new vision and a new energy to provide the best profitable signals in the market.
High quality Consistent market analysis and charts.
So guys be ready to increase your portfolio exponentially in the coming days.
All we need is you to follow our updates.
And the best thing is we will be sharing the top 5 best altcoins to invest for JUNE and JULY 2020.
Stay tuned and pin our channel to the TOP.
And yes for the new guys joining us, welcome to our channel.
Be ready to have a blast.
#CHEERS
IMPORTANT INFO ABOUT LEVERAGE or MARGIN TRADING:
Many traders trade on Bitmex Bybit Binance futures or many other exchanges were we trade margins.
People think if they use high leverage they will be rewarded more but ignore the risk!
The amount of leverage is not how much your position is multiplied by. The amount of leverage is how much of your account balance is tied to a position. In other words, the amount of leverage determines the amount of margin. The size of a position is listed in the 'Quantity' box. Notice that no matter how much leverage you select, the Quantity stays the same. ....A 10% gain on a position is the SAME no matter how much leverage you select. Increasing leverage just allows you to have a bigger position with bigger risk. It is the Quantity that determines what your profit will be, NOT the Leverage*. So, if you want more profit, you need to increase the *Quantity -- the position size. The Leverage level (1-100) sets the margin! To say it another way, the Leverage level determines HOW BIG YOUR QUANTITY CAN BE RELATIVE TO YOUR ACCOUNT SIZE. The higher the Leverage level, the larger the Quantity you can have in a position. Read this sentence carefully, everybody:
Profit is determined by Quantity*, not leverage. Leverage has nothing to do with profit. The amount of profit you make is according to the size of your position, just like any other kind of business deal in a market. Leverage level (which sets margin level) just sets the limits on how much you can borrow for the *Quantity of your position. All sites/exchanges use leverage in the same way. It is never that 3X leverage = 3X profit, or 100X leverage = 100X profit. No. Again: leverage just determines how much you can borrow to establish a position. That borrowing amount is according to your account balance. So....if you want 3X profit, you have to enter a 3X QUANTITY for your position size. If you want a 20X profit, you have to enter a 20X QUANTITY for your position size.
Hope this helps.
Thanks for reading
Many traders trade on Bitmex Bybit Binance futures or many other exchanges were we trade margins.
People think if they use high leverage they will be rewarded more but ignore the risk!
The amount of leverage is not how much your position is multiplied by. The amount of leverage is how much of your account balance is tied to a position. In other words, the amount of leverage determines the amount of margin. The size of a position is listed in the 'Quantity' box. Notice that no matter how much leverage you select, the Quantity stays the same. ....A 10% gain on a position is the SAME no matter how much leverage you select. Increasing leverage just allows you to have a bigger position with bigger risk. It is the Quantity that determines what your profit will be, NOT the Leverage*. So, if you want more profit, you need to increase the *Quantity -- the position size. The Leverage level (1-100) sets the margin! To say it another way, the Leverage level determines HOW BIG YOUR QUANTITY CAN BE RELATIVE TO YOUR ACCOUNT SIZE. The higher the Leverage level, the larger the Quantity you can have in a position. Read this sentence carefully, everybody:
Profit is determined by Quantity*, not leverage. Leverage has nothing to do with profit. The amount of profit you make is according to the size of your position, just like any other kind of business deal in a market. Leverage level (which sets margin level) just sets the limits on how much you can borrow for the *Quantity of your position. All sites/exchanges use leverage in the same way. It is never that 3X leverage = 3X profit, or 100X leverage = 100X profit. No. Again: leverage just determines how much you can borrow to establish a position. That borrowing amount is according to your account balance. So....if you want 3X profit, you have to enter a 3X QUANTITY for your position size. If you want a 20X profit, you have to enter a 20X QUANTITY for your position size.
Hope this helps.
Thanks for reading
Binance Lists Binance IDR Stable Coin (BIDR)
https://binance.zendesk.com/hc/en-us/articles/360043895792
https://binance.zendesk.com/hc/en-us/articles/360043895792
#BITCOIN Cup&Handle Update:-
Watch Closely guys.
BTCUSD current Price is $9550 and now trading at Resistance level.
Today rejected from $9750 resistance point.
So we can see some Retracement from this Level.
Support= $8443/$6775
Resistance = $10000 if breakout $10000 then ready to fly and Target would be $12944.
Watch Closely guys.
BTCUSD current Price is $9550 and now trading at Resistance level.
Today rejected from $9750 resistance point.
So we can see some Retracement from this Level.
Support= $8443/$6775
Resistance = $10000 if breakout $10000 then ready to fly and Target would be $12944.
Pro Analysis pinned «IMPORTANT INFO ABOUT LEVERAGE or MARGIN TRADING: Many traders trade on Bitmex Bybit Binance futures or many other exchanges were we trade margins. People think if they use high leverage they will be rewarded more but ignore the risk! The amount of leverage…»