SwitchCrypto
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SwitchCrypto is a channel focused on the world of financial trading, particularly in the realms of forex, cryptocurrency, and options trading. Through insightful analysis, market updates, and trading strategies. SIGNALS = #NFA
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240
Repost from Crypto News - Fast Market Moving⚡️
🚨 JUST IN: UK inflation unexpectedly dropped to a two-year-low of 3.9%.
@Crypto_News | link
240
BTC is still possible to retrace until 39k-36k so manage your own risks!
My trade is running with 2x lev and 1% margin from capital !
@Switch_crypto✔️
240
Repost from Crypto News - Fast Market Moving⚡️
🚨JUST IN: Bitwise Unveils a New Commercial for Its #Bitcoin ETF Product.
@Crypto_News | Link
240
FTX Bankruptcy crypto asset liquidation data is in:
$240 millions of crypto sold yesterday on 17th December
💲
240
#ETH analysis: ETH clearly an ascending triangle breakout in HTF.
Currently undergoing a retest, maintaining health above $2K support. Bullish sentiment intact until support line breaks.
If retest succeeds, eyes on $3.5K area in the near future. 🚀💎
@Switch_crypto✔️
240
#BTC 💵 still holding above 40k support line, if it breaks below the support we will witness the price to possibly dip towards the yellow box area around $39020.08 - $39747.36.
Expecting a retracement from the above mentioned box area and it will be a healthy pull back to the next leg up for the #BTC.✅
If running any long trades, stay alert as the BTC is trading around a crucial area where bears and bulls are pushing each other. 🚨
Trade Safe. 👨🏫
@Switch_crypto✔️
240
📌📣
Hey Fam, just a heads-up:
Bitcoin is at a crucial juncture, trading between $40,000 and $41,000.🕯
If it starts moving in either direction, we might witness some dramatic shifts, including the chance of substantial liquidations. 📈📉
Stay vigilant....🔍
@switch_crypto⚡️
240
Trading Tip of The Day☄️
How to improve your trading:
Backtest
Read more
Cut losses fast
Develop signals
Position size smaller
Study more, trade less
Diversify your watchlist
Stop repeating mistakes
Learn from market wizards
Hold winning trades longer
Research more than you trade
240
💵BTC trend lines to watch
Green trend : The descending trend which was made 📉
Grey zone trend : the major ascending trend 📈
Close above the previous day high can change the BIAS which is lower time frame bearish to bullish ‼️
240
💵BTC Bearish flag ‼️
Closing #HIGH if BTC breaks below this flag🚫
Should play in the market accordingly▶️
