$BTC Back at the highs, The longer price stays above $93K, | CRYPTO MECHANIC on Binance Square

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$BTC Back at the highs, The longer price stays above $93K, The likely we will get some more upside.

CRYPTO MECHANIC

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We got the $93K weakness right on time.

If there is some more juice left in this bounce, i think $BTC should find some support around this zone.

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$BTC Still range bounded, No close above $93k. fomc is due tomorrow you can expect volatility to continue.

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ETHBTC There were signs

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$BTC $94500 Hunted ✅

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$BTC Nicely held that zone, Almost back at the highs.

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When it comes to trading, it’s always good to have a reason for why you’re opening a trade. Now, that reason doesn’t have to be the same for everyone. For example, maybe I’m opening a trade because the price broke its structure and shifted from bearish to bullish, so I’m looking for buy setups. But that same reason might not apply to you. In trading, when it comes to using charts, everyone has their own techniques and ways of reading them. But the most important thing is whether you’re profitable or not. There are many trading techniques out there: -some people use trend lines -some use ICT methods -some rely on support and resistance -supply and demand, -others might use indicators. But what truly matters is whether you’re making a profit. When it comes to buying something for a reason, that reason can vary It could be -A change of character -A trendline break -A resistance breakout -A pullback into a demand zone -All of these are valid as long as they make sense to you and help you stay consistent.. The benefit of having a reason is that you know why you executed that trade. If that trade ends up in a loss, you can then analyze what went wrong. You’ve probably heard the saying, “You learn from your losses,” but you only truly learn if you understand why you lost. For example, think about driving a car. If you get into an accident, you only avoid repeating it when you understand the cause, maybe you were speeding, maybe you got distracted, or maybe you took a wrong turn. Once you know why it happened, you can prevent it next time. Trading works exactly the same way. If a trade hits your stop-loss, and you don’t know why, you’ll repeat the same mistake again. But when you have a reason behind the trade, you can identify what went wrong, fix it, and improve. Once again, always have a reason for opening a trade, and that will increase your chances of profitability significantly compared to trading without any reason.

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