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DaCryptologist
Mar 25, 2022 2:49 AM

Don't get too Bullish just yet... 

BTC / USDT Spot Trading PairPhemex

Description

BTC #bitcoin 44k resistance is holding up so far with an added buffer above at 44.4.

Still seeing bearish divs and I am keeping an eye on OBV level if it breaks first. Leaning towards a dip to 43k to fill nPOC and see how much the bulls really want it this time...

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Top 10 trading tips:
1. DO NOT FOMO into a trade. Let it come to you. Don’t force it.
2. Find a strategy that works for you and be consistent. Operate like a machine and less like the wind.
3. Let your winners run and cut your losers short.
4. You will not win every trade, but if you are disciplined with great RM you don't need to be right all the time to win!
5. Before you enter a trade, know your target AND your exit strategy.
6. Never use just 1 indicator for confirmation.
7. Set Perimeters and remove emotions from the equation. (stop loss, take profit levels, etc)
8. Don't fight the trend. The trend is your friend.
9. Price Action greater than Indicators/Fractals/MAs
10. Horizontals greater than Diagonals

Please Note:

- This is not financial advice.
- I do not take every trade I post.
- Never trade off of someone else's chart until you DYOR!

Comment

Bulls pushed through both resistances! Daily close for good measure.
Comments
dzonnywrecks
Props for an informative & concise post. 👍 This is how it's done.
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