Good morning traders, today I will explain the simplest strategy known as "flow": First, you check if the price has made a Low or a High on the weekly chart. Then, you look at the daily chart to confirm this. If the price has taken a high, you mark it as an uptrend; if it has taken a low, you mark it as a downtrend, and thus you've found your bias! Next, you move to a shorter time frame, like the 1-hour chart, where you again identify the lows and highs. If a low has been taken, you trade towards the next low; if a high has been taken, you trade towards the next high! This will significantly increase your win rate! If you want me to explain this on a chart, just follow and like my posts. #BTC #trader #BtcNewHolder #币安Alpha公布第6批项目代币 #
Ethereum’s structure isn’t much different from Bitcoin’s. As the price keeps falling, it continues to show fake recovery moves, creating deceptive short-term optimism. On the monthly chart, the outlook looks particularly weak — a detail that shouldn’t be ignored.
As long as the price remains within the current range, many traders are likely to take losses simply because they can’t control their emotions. The key now is to stay patient and let the charts guide you.
📊 Tip: Analyze the critical levels carefully, define your action zones in advance, and keep emotions out of your decision-making process.
Looking at the bigger picture, the situation doesn’t look very promising. The price seems likely to remain within the range (horizontal band). If this consolidation continues, it would be logical to look for short positions on every retracement for a while.
Q4 (the last quarter of the year) doesn’t seem likely to proceed as everyone expects. While most are anticipating a bull market, a sharp reversal is quite possible.
What we need to do here is read the price action accurately and shape our trades accordingly. Additionally, it’s very important to base our expectations on technical and fundamental analysis rather than emotions.
Examine the chart carefully and analyze the levels thoroughly.
Trading Psychology: Mastering Your Mind in the Markets Trading in financial markets, such as stocks, forex, or cryptocurrencies, is not just about analyzing charts and numbers. A big part of success comes from trading psychology, which means understanding and controlling your emotions and thoughts while making decisions. At an intermediate level, let’s explore why this matters and how to improve it. First, emotions like fear and greed often influence traders. For example, when the market drops suddenly, fear might make you sell your assets too quickly, even if it’s not the best choice. On the other hand, greed can push you to hold onto a winning trade for too long, hoping for more profits, but then lose everything if the trend reverses. Experienced traders learn to recognize these feelings and stick to a plan instead of reacting impulsively. Discipline is another key aspect. This involves following rules you’ve set for yourself, such as deciding in advance when to enter or exit a trade based on specific signals. Without discipline, you might chase after “hot tips” or trade too frequently, which usually leads to losses. Keeping a trading journal can help: write down your trades, reasons, and outcomes to review what went wrong or right. Patience is also crucial in trading psychology. Markets don’t always move fast, and waiting for the right opportunity can be challenging. Many beginners get frustrated and force trades, but successful traders understand that it’s better to miss a chance than to take a bad one. Finally, managing risk is tied to your mindset. Always use stop-loss orders to limit potential losses, and never risk more money than you can afford to lose. Building a positive attitude through education, practice on demo accounts, and even mindfulness techniques like meditation can strengthen your trading psychology over time. By focusing on these mental skills, you can become a more consistent and profitable trader, rather than relying on luck. #CryptoScamSurge #CryptoClarityAct #BTCvsETH $BNB $BTC
Since the price has rejected from the resistance zone, I am considering shorting from suitable places, while I can look for longs from the lower box! I have 1-2 charts in mind, I can share them here or on Telegram if suitable places come.
As long as the drawn high is not exceeded and the 4h imb (gray box) is not broken, I will target the tp's below, I have no short position on btc! I will enter trades if the rr is suitable in appropriate structures!
The price is currently in a 4h fvg and it is likely to break down, but I will try a very small amount from here; I plan to take the main trade in the upper box I drew, at least it will be a nice manipulation! And the price will break down nicely; I will take tp1 and set a stop at the entry!
When looking at the price, there is a very nice MMXM with the price! I plan to keep the price around PMO with closing prices below PWO!
And I noticed this! When the price starts to move upwards, it usually creates the day's low during the LONDON session! I will try to catch short trades during downward movements in the London session using this, and I will also share extra weekday trades on Telegram.
Friends, I will be trying a new fund company. I started with a 100k fund account at @PropWGlobal, and I will transparently share all its shortcomings and advantages with you 🫡
If you have any experiences, you can write them in the comments 🫡
I will provide an update later this week 🫂 @PropWTurkiye
Friends, I had a funded account with @hyrotrader_com and while I was just starting, the spread rates in crypto were almost nonexistent. Since you're trading through Bybit, you never feel out of place, and most importantly, you can withdraw funds whenever you want, meaning you can request a withdrawal as soon as you make a profit (min $100), and it gets credited to your account in 5-6 hours🤝
I will set up an extra group for friends for extra funds, and I will share all my trades with them this way🫂
I will provide the details in the Telegram channel, and you can get the funds from the link below at a discounted price 👇
I think the price will still be in upward momentum! But if it comes to the green box and gives a breakout, we will most likely move upward this week and next week!
The price is currently at a very average level; don't force yourself to take positions in these areas. Just follow the blue boxes, and searching for SMT with #ethusdt in the blue boxes may be beneficial for you 🤝