FLOKI has recently charted a series of higher lows on the daily graph, which have been supported by an increase in volume during their formation.
It is currently facing an initial resistance level, which, if surpassed, will lead to a more significant one that must be overcome to enter a free uptrend.
As I mentioned, the succession of higher lows, coupled with...
Currently, Bitcoin is facing several resistances prior to its attempt to reach all-time highs (ATH). A correction has started from the first resistance level, which could lead its price down to $63,000.
It won’t be easy to break through its ATH because there’s a significant amount of money waiting at those resistance levels, ready to exit.
Therefore, Bitcoin...
GME experienced a significant advance following ‘ Roaring Kitty’s ’ appearance on social media, which caused quite a stir and a sharp increase in the stock price for both GME and AMC .
After a spectacular rise, including a gap-up opening, the price began to fall, trapping many traders, as often happens in these types of technical explosions while seeking to...
The weekly chart of UNIFY presents us with a fantastic buying opportunity, coinciding with a historical support line.
Moreover, the recent quote is so close to this resistance line that it allows us to place a nearby stop loss, ensuring that any potential loss would be minimal.
Therefore, it’s a great risk/reward opportunity.
Lido #LDO has produced a buy signal on the daily chart. The “doji” candle marks the signal, and the shadow of the candle is the point from which the stoploss will be placed.
The buy signal, if effective, will face a resistance (dashed black line) that if overcome will take the price even higher.
As traders, one of the biggest challenges we face is deciding what factors to consider when opening a trade: should we base ourselves on charts, news, macroeconomic data?
Many opt for a combination of all these elements, and although all traders go through the same stages, there are different routes to success. The problem with following the crowd is that you end...
You’re never going to find a trading technique that is 100% reliable.
But you can become a specialist using a single specific technique.
The one you have the most affinity with will always work better. It doesn’t matter if it’s the best or the worst, don’t waste your time on that. Just look for one you like and evolve it, perfect it to the beyond… Make it yours!...
We have a clear bias of a psychological nature that basically consists of going against everything that experiences a movement in favor.
When a trend is established, it always tends to last longer than we expect:
_ It’s going to turn around now!, it’s going to turn around now! but it never does.
All that time you’re waiting for a market to turn is precious...
