✴️ How To Trade Cryptocurrencies | It Is Very Hard... Is It Not?It is hard... We know it isn't easy.
To look at this chart and call for a reversal.
To look at any chart and say anything...
It is hard because it can always change and whatever you see might not be true.
So one needs balls to be able to jump in and say, this is my view.
Or it can be easy... It can be very easy with a plan/strategy on how to trade.
Here we have this beautiful chart.
I don't know, it looks beautiful to me somehow.
The fact that price actions drawn as candles forms patterns...
The fact that a bounce happens each time at support.
It can be easy too, stay with me.
Some have the wrong focus think/say you got it right, you got it wrong... But this is not about being right or wrong it is about sharing my view so that you can do your own thing.
You do not decide based on what we say.
You make your own decision based on your own trading strategy and our charts can help you to adapt and change.
Maybe you can improve on a target...
Maybe you can decide to close a trade...
But that is a decision you make after your own research not because of a single trade idea you read.
Anyways... It can be easy because support is found 17% below the current price. That's the risk.
If you buy this pair and TRXUSDT drops by 18%, you close the trade at a loss. This is a calculated risk, you know exactly how much you are risking.
If it breaks bullish, you can sell for profits on the way up.
20%, 40%, 80% up to 100% and more.
Actually... This is so easy.
You simply buy and hold.
If the pattern breaks down, if the trade goes wrong;
Close at a loss.
If we have a bullish breakout, we start green and the rest is to collect your profits on the way up.
Only 2 possible actions: Buy and sell.
With the first one, BUY, you hold.
With the second one, SELL, you are done and can start looking for a new trade.
Alan Santana writing for you!
Remember to boost 🚀😄🤗
Namaste.
