Get started

Crypto

BUSDT/USDT – Symmetrical Triangle Breakdown SetupBUSDT/USDT – Symmetrical Triangle Breakdown Setup BUSDT is currently trading within a symmetrical triangle pattern on the 4H timeframe, indicating price compression and a possible breakout or breakdown ahead. The price is now hovering near the lower trendline, and pressure is building up. A clean breakdown below the support trendline with volume could confirm bearish continuation, opening the door for further downside. The projected move, if breakdown confirms, could lead price towards the next key support zones. **Key Points:** * Triangle formation tightening * Watch for 4H candle close below the support line * Breakdown confirmation could trigger a short setup Keep this pair on your radar — confirmation and volume are key to validating the move.
Short
by Crypto-By--Ghazi
Bitcoin Weekly Outlook – June 2, 2025 Bitcoin ( BINANCE:BTCUSDT ) is holding strong above the psychological $100K mark, maintaining its bullish market structure on the weekly timeframe. However, technical indicators are flashing early signs of a possible short-term correction before another leg up. 🔍 Technical Analysis: Current price: $105.1K Key support zone: $89K (strong demand area + weekly structure retest) Resistance to watch: $120K (major weekly supply zone + psychological level) Stochastic RSI is currently overbought at 94+, which historically tends to trigger a healthy retracement before further upside continuation. 📊 Market Structure: BTC remains well above the 200-week EMA, keeping bullish momentum intact Higher Highs and Higher Lows are still in play Volume is steady, showing no major distribution at the moment 📈 Sentiment Check: Fear & Greed Index: 64 (Greed) → Suggests bullish sentiment is high → Greed often precedes short-term pullbacks or consolidation 🧭 Outlook: A short-term correction toward the $89K–$92K zone is likely, as part of a healthy market cycle. If support holds, BTC could rally back up with a mid-term target around $120K. ✅ Summary: 🔵 Bullish structure still intact ⚠️ Overbought signal = possible retracement 🎯 Mid-term target: $120K 🧘‍♂️ Don’t chase — wait for price to breathe, not break Let the market come to you. Trade smart, not just hopeful.
INDEX:BTCUSDLong
by x_Akki
TECHNICAL ANALYSIS – KASPA/USDT (Daily Chart) + TRADE PLANTECHNICAL ANALYSIS – KASPA/USDT (Daily Chart) Chart Pattern & Price Action: Descending Channel (Falling Wedge): KASPA has been trading within a falling wedge pattern, typically a bullish reversal setup. Breakout Zone Approaching: Price is currently testing the upper resistance of the wedge (~$0.086–$0.088). A breakout from this level may indicate trend reversal. Key Resistance Zone: $0.105 – $0.127: Significant supply area (marked in red). Previously rejected, it is the next target if price breaks out upward. Support Zone: $0.073 – $0.082: Demand zone. Coincides with the Bollinger Band lower range and historical support. Indicators Overview: Bollinger Bands: Price is trading at or near the middle band, showing a neutral-to-slightly bearish bias. A breakout above the upper band (~$0.0895) could trigger bullish momentum. MACD (VMC Cipher_B_Divergences): Strong bearish momentum continues, but we can observe potential bullish divergence forming. Green dot signal at the bottom may indicate a possible local bottom. RSI (Relative Strength Index): Currently at 37.06, near oversold territory. Could signal a bounce if RSI climbs above 40 and confirms strength. Money Flow Index (Art’ Money Flow): MFI is deep in negative; however, these levels often precede trend reversals. Watch for a crossover into positive territory as confirmation. Stochastic RSI: Bullish crossover around 14.53 / 15.67 in the oversold zone. Early sign of potential short-term bounce. TRADING PLAN Entry Points: Zone Type Price Range Reason Buy Spot 1 Conservative $0.073 – $0.082 Strong historical support & bottom of wedge Buy Spot 2 Aggressive ~$0.086 – $0.089 Breakout of descending wedge Buy Spot 3 Momentum Break above $0.105 Bullish confirmation + breakout of major resistance Take Profit Zones: TP Level Price Notes TP1 $0.105 First resistance / psychological level TP2 $0.127 Strong resistance – expect rejection here TP3 $0.15–0.16 Major extension target if strong momentum Stop-Loss Strategy: Strategy Type Placement Conservative Below $0.073 Aggressive Below $0.080 Risk Management: Use position sizing relative to account size (e.g., 1–3% risk per trade). Adjust stop-loss dynamically if entering at breakout. Combine with on-chain metrics or volume spikes for higher conviction. SCENARIOS: 🔼 Bullish Scenario (Blue Up Arrow): Breakout above wedge → retest → rally toward $0.105+ Break $0.105 confirms macro uptrend continuation 🔽 Bearish Scenario (Blue Down Arrow): Rejection at wedge top → breakdown of $0.082 → revisit $0.073 support Below $0.073 would invalidate short-term bullish structure
Long
by elfabiiani
98-101KMorning folks, Last time BTC was not able to provide the direction as it was standing in triangle and we prepared "neutral" update, waiting for triangle breakout. Now we see that this has happened to the downside and market just stands slightly above XOP target. So we consider 98-101K area as the nearest target. Second, once (and if) this action will be over - take look at H&S, and it could trigger stronger downside retracement. This it turn might be quite welcome for weekly reverse H&S pattern . That's being said, the first step that we're watching - is down to the potential neckline around 98-101K. Then we decided for to do next.
COINBASE:BTCUSDShort
by Sive-Morten
XAUUSD BULLISH OR BEARISH ------ DETAILED ANALYSISXAUUSD is currently forming a classic bullish flag pattern on the 12-hour timeframe after a strong impulsive rally from the 3145 demand zone. The consolidation is tight and orderly, holding above the key structure zone and forming lower highs and lower lows within the flag. This setup indicates a continuation pattern, and with price stabilizing around 3315, a breakout to the upside is increasingly likely. A clean breakout from the flag will likely ignite the next bullish wave toward the 3500 level. From a fundamental perspective, gold remains supported amid renewed market concerns around inflation persistence and global macro uncertainty. The latest US economic data, including slower job growth and declining consumer sentiment, is increasing speculation that the Federal Reserve might be nearing the end of its tightening cycle. This is weakening the US dollar and boosting safe-haven demand for gold. Additionally, central banks, particularly from China and emerging markets, continue to increase gold reserves—adding to long-term bullish sentiment. Technically, XAUUSD has already respected a strong demand zone around 3145 multiple times, which reinforces that institutional buyers are defending this area. The market structure remains bullish, and higher lows continue to form, aligning with a potential trend continuation. If price breaks above the flag resistance around 3325–3330 with volume confirmation, the bullish target of 3500 could be reached swiftly. As long as gold holds above the 3270–3280 support zone, the risk-reward setup remains favorable for long positions. With a confluence of strong fundamentals and a high-probability technical pattern, XAUUSD is setting up for a potential breakout rally. Traders should watch closely for breakout confirmation to ride the momentum toward new highs in this evolving bullish trend.
OANDA:XAUUSDLong
by AndrewsMarket-Mastery
BTCUSD..Chart pattern..Trade Setup (Short / Sell BTCUSD) Entry: 105,000 Resistance (Potential Invalidator): 109,000 Take Profit (TP): 1st Target: 96,000 2nd Target: 92,000 No stop loss specified — it's essential to define one for risk management. A common approach is placing SL just above resistance (e.g., 109,500 or 110,000). Risk & Reward (Assuming Stop Loss = 110,000) Risk (SL - Entry): 110,000 – 105,000 = 5,000 points Reward: TP1 (96,000): 9,000 points → Risk/Reward ≈ 1:1.8 TP2 (92,000): 13,000 points → Risk/Reward ≈ 1:2.6 Trade Notes Resistance at 109,000 should be monitored closely; a breakout above could invalidate the setup. Bearish confirmation (e.g., rejection candles or breakdown from trendlines) would add confidence to the short. Consider scaling out at 96,000 and trailing your stop for a potential move to 92,000. Market context matters — this type of short trade assumes BTC is overbought or facing macro resistance.
BINANCE:BTCUSDShort
by Money_Magnet5
15
EUR/USD CHART PATTERN.MY EUR/USD trade setup based on the 2-hour chart pattern: 🔻 Trade Type: Short (Sell) Entry: 1.13500 Resistance (Invalidation / Strong Resistance): 1.14140 Targets: 🎯 Target 1: 1.11300 🎯 Target 2 (Final): 1.10675 ⚖️ Risk-Reward Overview Target Reward (pips) Risk (pips) R:R Ratio 1st Target 220 64 3.44 2nd Target 282.5 64 4.41 🔹 Risk (in pips) = Resistance – Entry = 1.14140 – 1.13500 = 64 pips 🔹 Reward to 1st target = 220 pips 🔹 Reward to final target = 282.5 pips 📉 Chart Pattern Assumptions You mentioned a 2H pattern—though you didn’t specify, based on price action this could be: Bearish flag, double top, or rising wedge breakdown near resistance. ✅ Summary: Excellent risk-reward profile Tight resistance for SL Targets are realistic if momentum shifts lower Consider partial TP at 1.11300 and trail stop to breakeven for 1.10675
Short
by Money_Magnet5
25
LRC, LOOPRING, HOW MANY LOOPRINGS DO YOU THINK SONIC COULD EAT?Something is going on with this coin on the technical side. There is literally no downside target that I can see right now, so I just labeled in MASSIVE SUPPORT TREND. It looks like it is really close to making a move to the upside. Somewhere around .8 Then it will likely hit some resistance there, but has a lot of potential to keep building support and climbing. This coin looks incredibly bullish right now. Things can change fast and if they do it will likely be a break of this trend (green). The run up can take it to .45 and maybe a little higher, but the buy the dip price looks to be around .245. which would then take price higher to over 1 and beyond. I'm gonna go with 3684 looprings for sonic. What even is a loopring? I'll attach more crypto TA to this idea. oh and don't follow the guideline, pay more attention to the trends and price zones.
COINBASE:LRCUSDLong
by nicktussing77
18
840% Rocket Pool—500% Potential Profits @$30 Conservative TargetI found a good chart setup. Rocket Pool peaked its initial bullish breakout 11-May and has been sideways for the past few weeks. The chart is showing that the retrace is over/complete. The initial breakout, between 7-April and 11-May, produced a total of ~135% growth. This happened in a little over a month. The retrace ended as a clear-classic higher low and trading volume has been very high leaning towards the bullish side. This is a strong giveaway signal. Market conditions are bullish for this pair. A continuation can happen anytime. One thing though, there can be lower prices. Say a little more retrace and drop above the 6-May low at $3.85. There can be another drop if there isn't enough momentum to move higher and the higher low ends at $3.90. This is something that we have to wait and see. Both scenarios are high probability; straight up next week, or more consolidation before additional growth. Both scenarios are bullish on all timeframes. Regardless of the short-term, Rocket Pool (RPLUSDT) is set to grow. A very nice target here goes for 840%. This is a strong target but also easy to achieve later this year. Another target, strong but more conservative, is found around $30 for a 500% potential profits. Thank you for reading. Namaste.
Long
by MasterAnanda
$UNI - $10 from here?Hi guys! 👋🏻 🔔I'll be trying this setup for Uniswap 🔔 We have bounced from the strong support at $4.80, which we retested in April 25 and May 7 forming a pattern impersonating a double bottom 🔔 With the current chart pattern and levels, I'll be expecting a jump with a target on $10. 🔔 Might drop to $5.70 before another move upwards. ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit the 👍🏻 button, follow me for more ideas.
GEMINI:UNIUSDLong
by azizelliott
1
Vana, Easy Short-Term 180% Target—Profits vs Greed—350% NextI am giving you this one as a short-term chart setup. Vana has been rising since mid-March and I sense this chart becoming stronger by the day. The fact that the action is still happening at bottom prices after months of sideways is also good. This means that the breakout will be a surprise and super strong. Our target can hit within days once resistance break. Something like more slowly rising challenging upper resistance. Once this break, a huge big candle with 50-60% green. Then another one and another one until the market settles within the bullish zone. After the initial burst, a small retrace followed by long-term growth. This trading is so easy it should be illegal. All that is needed is to buy and hold. The market takes care of the rest. Profits can come in a week's time, just as it can come within several months; it doesn't matter, we wait. Better to have sure certain profits playing wisely the market, than losing everything out of greed and with high lev. A win is always more profitable than a loss, no matter what our ego says. Our ego will say, "If it is going up anyways, why not go all-in with 10X?" When this reasoning takes over, the market is about to turn. The truth is that nothing is certain and since the bots can adapt live, when too many people go into the same reasoning, then no more growth, the market needs to remove all this greed before moving ahead. For us, the thinking goes something like this, "If I can make money easy with 100% certainty, why take such a huge risk?" "I can simply hold and wait. I rather make $10,000 safe and secure, than lose $2,000 thinking of earning the same day." The thinking goes like this, "The truth is that I've been tempted before, my ego tends to lie and instead of a win, I end up with a major loss. I will be patient, I trust Master Ananda and his winning strategy through buy and hold." The market can end up moving faster than before. We are in June 2025. There isn't much time left. We are going to be bullish for months and months and months. The retraces, the corrections, the consolidation... It is all over, we are going up. Namaste.
Long
by MasterAnanda
Gains Network, Another Higher Low & Bullish (2025 Bull Market)You know how I like to share lots of proof to support my thesis. Everything I share is data-supported. Whenever I am sharing speculative opinion I let you know. So I tell you the altcoins are growing—based on technical analysis—and will continue to grow. But after this one, we are going to move on. Here we have Gains Network (GNSUSDT) and another higher low. The higher low confirms the bulls are in, present, active. The higher low confirms that buyers are ready to buy even before the last low is reached. The higher low keeps the bullish chart structure intact. Higher highs and higher lows is the actual definition of an uptrend, rising prices. The low happened 3-February. A double-bottom 7-April. Yesterday, 31-May, we have a higher low compared to April and February. Bullish confirmed. This is not only a positive signal in the sense that the market will continue growing, this is a very strong buy signal in the sense that you can go all-in, buy like is the end of the world because prices will never be any lower. You see, a higher low will lead to a higher high. The last high happened mid-May ~50% higher. The next high will be something amazing and unexpected. The deal is that by now, market participants are highly conditioned to seeing weak bullish price action. Whenever there is strong action it is capped and there is a correction. So prices grow and you miss selling because you were waiting for more. You learned your lesson, this time you are committed to taking profits at 30%-50% but guess what, the market keeps on going and grows 200%-300%. This is not the time to think small, think big, think long-term. This is not the time (the coming wave) to be happy with 20-30% because you missed the previous wave. The next wave will be one of the biggest of this newly developing bull market. I am warning you ahead of time so you can prepare. Buy and hold while aiming for the moon and the beyond. No rockets, aim with your mind because the moon is in a different dimension, you are just seeing its shadow, kind of a reflection. So aim up as in the direction of growth, but we know we cannot get there with a rocket, we will need higher vibrations and these vibrations will let us reach our dreams and fulfill our goals. Namaste.
Long
by MasterAnanda
Streamr Confirms Altcoins Market Continues BullishThis is the altcoins market bullish confirmed. The bottom happened 7-April 2025. This week we have a higher low; period. This higher low confirms what I've been saying that we are bullish. Now, Streamr is a classic pair, and thus it has a classic chart and many other projects move in the exact same way. So you can know what many are doing and will be doing by looking at this chart. The bottom came in April and now we have a higher low. This higher low is a retrace from the initial bullish breakout. From this higher low we will get very strong, sustained long-term growth. We are talking about months of bullish action. Can be 3-6 months. Spot traders can continue to accumulate (buy and hold). The current retrace is an opportunity to buy-in, buy more, rebuy and reload at the best possible prices before the 2025 high-bullish momentum bull market. I will keep it simple as this chart is meant to show that the bullish potential, bias and chart structure cannot be broken unless we get lower lows. Even if the 7-April low is challenged, we know this is a stop-loss hunt event because a new low would require the extension of the previous low rather than the same level being tested. Anyway, we are going up and this growth will happen long-term. Think June, July, August, September, October, November... And on and on. Thank you for reading. If you enjoy the content, you can follow for more. Namaste.
Long
by MasterAnanda
Ethereum Vs Bitcoin —Bare Minimum, 222.22% Profits Bullish WaveEthereum's current move vs Bitcoin —ETHBTC— is over-extended: 1) The drop has gone way beyond the 0.786 Fib. retracement level, almost reaching 1 (which means a 100% correction). 2) Trading volume is non-existent. Which means that this move is not supported by real people. 3) The RSI is oversold. Which means that the current action is very likely reaching its end. 4) Ethereum (ETHBTC) is trading at, and activated, the lowest prices since late 2019. The main support zone for this pair. The current bearish move is over-extended and is showing many weaknesses, a trend reversal can happen any day. ETHBTC has been dropping since December 2021. A market can only take so much. The minimum target for the reversal is the baseline level. Just as ETHBTC went down to test its 2019 support but with a higher low, as soon as this support zone is reached the reverse becomes true. Now ETHBTC needs to test its late 2023 early 2024 resistance zone. This level is likely to break and price reach higher but this is the bare minimum. » The bare minimum is a nice 222.22% profits potential bullish wave. Namaste.
Long
by MasterAnanda
CADJPY BULLISH OR BEARISH DETAILED ANALYSISCADJPY has successfully broken out of a well-defined falling wedge pattern, confirming a bullish reversal setup on the daily timeframe. Price action has not only cleared the descending trendline but has also completed a clean retest of the breakout zone near 104.000–104.500. This retest held firmly, showing strong buyer interest, and the pair is now poised for a continuation toward the next key resistance level around 110.000. The technical structure is now favoring bulls, with momentum shifting upward after a prolonged corrective phase. Fundamentally, the Canadian dollar is gaining strength supported by rising crude oil prices and stronger-than-expected economic data from Canada. The Bank of Canada’s recent tone remains relatively hawkish compared to other central banks, which adds further support to CAD. Meanwhile, the Japanese yen continues to remain under pressure due to the Bank of Japan's ultra-loose monetary policy stance. With Japan’s inflation struggling to sustain above target, the BOJ is showing no urgency to tighten, which keeps JPY weak against higher-yielding currencies like CAD. The breakout from the falling wedge is also being supported by volume and bullish daily candles, suggesting a solid shift in market sentiment. The pair has formed a higher low and higher high, officially transitioning into a bullish structure. With the retest of the breakout structure now complete, there’s a high probability for continuation toward 108.000 initially and a full extension to 110.000 in the coming weeks. Traders should closely monitor any dips as potential buying opportunities as long as CADJPY holds above 103.500–104.000 support. The reward-to-risk ratio remains favorable for swing traders aiming for medium-term targets. With strong technical confirmation, supportive fundamentals, and risk appetite returning to markets, CADJPY is setting up for a potentially profitable bullish wave.
Long
by AndrewsMarket-Mastery
Bittensor Hits A New High, Bullish Altcoins ExplainedYesterday Bittensor (TAOUSDT) hit a daily high. The highest price since early January. The highest price in five months. This is a strong signal and reveals the overall conditions of the market. There was a shakeout but not all pairs/projects are the same. Those pairs trading really high, BTCUSDT is a great example, move to produce a retrace or correction. Those pairs coming out of strong market bottom in early April, continue with their newly developed uptrend and the shakeout is nothing more than short-term noise. The market will continue to grow long-term. Each chart/pair/project needs to be considered individually. Manual stop-loss should be preferred. Some pairs went on to test their 7-April low. With a limit stop-loss order, this shakeout would produce a loss. With our system of a manual stop-loss, the next day prices are back to baseline. This is what the manual stop-loss system is for, to avoid becoming a victim of a stop-loss hunt event. Here we have TAOUSDT moving higher and higher, slowly. The market moves in waves. It is a rising trend; higher highs and higher lows. But, invariably, there will be retraces and corrections along the way. Prices can still drop lower before additional growth, anything goes. The market can fluctuate wildly but the end result will be a new all-time high when we reach the bull run phase. It takes time. The whole cycle needs 6-8 months to fully develop. This is only the start. For TAOUSDT, this start produced a total of 200% growth in less than two months. This is really good, but there will be more. Buy and hold. Namaste.
Long
by MasterAnanda
2
Horizen: What You Need To Know About The Altcoins—Experts Only!A shakeout is a market move where the whales (exchanges) create volatility in order to rattle unprepared traders and investors. If you use a limit stop-loss and you are clueless, the exchanges and market whales can see your orders and they use this to their advantage. Since they own all of the coins and everything basically, they can move the market. They produce a massive amount of pressure until everybody freaks out. Those with too much leverage gets their positions liquidated. Everything lost. That's fine, it is their fault for being too greedy. Learn from your mistakes. Take the loss and move on. Nobody to blame. Just a lesson and a learning experience. Those with a tight stop-loss limit order get to sell at a lower price and secure a small loss, sometimes between 10-30%. Those patient, @MasterAnanda readers and followers, get to watch from a distance and even buy more when prices are low. No loss. Let me get back into conspiracy theory mode. So the market produced a bottom and is set to grow long-term. Very stupid and greedy people start to become very aggressive and decide to buy with 15, 18 and even 20 or more X. We have no compassion for these people because this obviously greed, too much of it. And of course, this can never work. The market is like a living being. Like a horse or a camel. It feels it has too much weight on top of it and if it wants to go the long ride, it has to get rid of this weight. The shakeout only lasts a few days but more than 1 billion USD was removed from the market. This is all leverage. This has nothing to do with buyers, investors or spot traders ok? So these were literally gamblers that lost money. This is not a casino, this is a financial market. Learn to play the game or get REKT. The way to play is to buy and hold. The way to play is by participating, being part of the market and accumulating. Of course, there is nothing wrong with gamblers but if you do gamble, there is a very strong risk involved. While a gambler can lose everything in one single bet. A spot trader can hold and if prices drop, simply wait. The worst case scenario ends up being a long wait. It is a shakeout and look at this chart, ZENUSDT. Two days later, the market is back up—full green. We have a higher low. This is only the start. It will get harder and more complex as the bull market develops. Please, whatever you do, do not use margin or leverage if you don't know what you are doing, the results is never anything good. The only reason why you would use leverage is "to earn more money." "To earn more," "to earn fast." How did that go? In the quest for fast money, big money, you ended losing hundreds of thousands in less than a month. It can take 2-3 months to earn a sure 100-300%. It can take 3 weeks to have your entire position liquidated. Anyway, stay away from leverage if you can't keep it below 5X. If you do go there, just know that you will not make it out alive. Everybody is thinking that they can beat the professionals, but the professionals are trading 24-7, you are on a phone and only check-in every few days. By the time you try to adapt, everything is gone. You are not buying from an exchange, you are competing against them and it is a losing game, they hold your money, your history, your data, your coins. They will always beat you because they know everything that you do, and you know nothing about how they work. They'll give you a great website, lots of numbers, lots of cats and dogs and the illusion that you can make money easily without much effort. You lose money and they make billions. If you want to win, play long-term. Only use leverage when you have been successfully trading spot for 2-3 years, minimum. And when you do start with 3X. By the way, if you don't have time to plan, to read, to prepare, you won't have time to get paid. This is the most advanced game in the whole world. It is a money game. Only a very small percent are successful at it. Think before you believe you can come ahead without any effort, you are playing against us—we own the market. Thank you for reading. Namaste.
Long
by MasterAnanda
4
Ethereum: $2,000 Entry LONG Opportunity: Advanced Trading TipsBe careful when SHORTing here. The downside is limited but the upside is unlimited. Ideally, we trade with the trend. With the bottom being set 7-April, it would be wiser to wait for the higher low and go LONG. Now, bears are bears and bears are going to SHORT and that's ok. Just don't do it if you lack experience because it is harder than a LONG trade. So here is the chart. The exact support level I cannot say but a bearish continuation looks high probability. A $500 drop equals 20%. If you are doing 5X, this caps your profits potential to 100%. This isn't bad considering that it can happen within days. Experts only. On the other hand, 3-10 days should be the maximum but of course, it can extend—these are just rough estimates. This is how it is done from the bullish side, my side. We wait patiently for the market to complete its retrace. We know it is a retrace because it is short-lived and because it ends in a higher low compared to the last major low. We wait patiently for the drop and for clear reversal signals to show up on the chart. Once we have clear reversal signals, we go LONG. Very simple. If you bought the LONG from the $1,570 level, then of course, nothing needs to be done. Sell a bit at each resistance, buy more at support. You can reduce your position even now. Remember, no need to get the exact top nor exact bottom. So you can sell some now, take profits; great. Then buy some more when prices are low. Your buy price can be $1800, $2000, $2100, it doesn't make much difference. What matters is selling high and buying low. The first step is to get the great entry. Done. We did this back in April. The second step is to play the market as the bull market unravels. See how much time there always is to take action. Plenty of time to buy we had, plenty of time to sell. For this to be profitable and successful we have to plan beforehand. Here I am giving you live step by step instructions and this can also be done. But the truth is, people went LONG at resistance with high leverage and ended up losing everything, because we tend to trade based on an impulse. No, no, no. Instead, detach, wait for the perfect moment and go LONG/SHORT. Which one you prefer, bull? Then wait for support and go LONG. Do not trade against your preferred bias. Are you a bear? Wait for resistance SHORT the retrace or wait for the correction. But this is many times harder of course because the downside is limited. I hope you find this information useful and if you do... Good luck. Namaste.
Short
by MasterAnanda
1