Trade setup: Price remains in an Uptrend. It got rejected at $140 resistance several times now. We would be buyers on pullbacks near $100 - $110 support range, which could be an attractive swing trade entry in Uptrend, with +30% potential upside back to $140. Stop Loss at $92. Pattern: Price is Approaching Support, which is a level where it could pause or...
BTCUSDT: a short SMC (Smart Money Concepts) breakdown 1️⃣ Daily (global perspective) • Overall trend remains bullish, but we’re in a correction off the ~110k peak. • Key daily demand zones: 90–92k and 85–88k. • Major supply above at 100–105k. 2️⃣ 4H (mid-term) • A downtrend is forming within the broad 92–105k range. • Nearest resistance: 98–100k (supply zone). •...
I hope you already know that losing trades are inevitable in trading. No matter how professional a trader is, mistakes are made. It's part of the game, and the possibility of making mistakes should simply be factored into your trading strategy. But what really matters for success in the market is how you handle the fact of incurring losses. Today, I've compiled a...
Market overview of cryptocurrencies: After the expected correction last night, there was an upward impulse during the Asian session. At 15:40, there was another upward impulse in the market. However, the movement for the evening will be determined at 17:00 (reports on them below). Altcoins weakly responded to the overnight growth, and this is unclear. Either...