X-ray of the Drop: What do the charts of BTC, ETH, and BNB tell us? 📉🔍
Hello community, today we not only see "red numbers", we see a technical reconfiguration of the market. Analyzing the charts of the "Big Three", this is what is happening: 1️⃣ BTC and the domino effect: After losing $80k, Bitcoin dragged down market confidence. Technically, we are seeing a capitulation where fear is shaking out the "weak hands", but this is also creating a value zone for long-term investors. 2️⃣ ETH in extreme oversold: My indicators show an RSI at levels of 20-25 points for Ethereum and other altcoins like $SYN. This means that the price has fallen "too much and too fast". Historically, these levels of selling exhaustion are what mark the beginning of a technical recovery.
The market is bleeding at -20%, but here we stay with a cool head. 🛡️ My position in $SYN is in the red, but thanks to trading in Spot, time is my ally and there is no liquidation.
While I wait for the technical rebound to $0.09, I continue to add with my analyses. Discipline is forged on red days, not on green ones! 📉➡️
After the drop of $SYN, we held the position in Spot and we are already seeing the rebound from $0.0890. Currently at $0.0936 and rising. Patience in Spot pays off. My target remains firm around $0.1000 where the moving averages cross to recover and exit with a small profit. Who else took advantage of the midnight discounts? 👇 #Write2Earn #SYN #Recovery #TradingSpot $SYN
Real Trading with $20: SYN put us to the test! 🛡️📉
I bought $SYN at $0.0984 looking for the bounce at the MA99, but the market broke down to $0.0910. What do I do now? I hold in Spot. Since I'm not leveraged, I can wait for the RSI to recover and the price to seek $0.1000 again. Patience is key when the market turns red. Would you average down here or wait for the bounce? 👇 #Write2Earn #SYN #SpotTrading #GuayanaCrypto $SYN
Do you only have $20? Start in SPOT with this beginner strategy🛡️💰
Many think that to win on Binance they need thousands, but with 20 USDT you can start to build your capital in Spot without the risk of futures. My strategy today with $SENT: Entry Point: Buy in the MA99 zone ($0.03978). It is the floor where the price usually bounces. Output: Sale at $0.04120. A 3.5% profit in your pocket! Patience: It's a safe scalping opportunity at this moment, as always: A Stop Loss of $0.03832 to protect your capital. 💡 Advantage: In Spot there is no liquidation. If the price drops, we simply wait for the bounce.
Lesson learned in $SYN! From stop sweeping to recovery 📉🚀
Today the market gave me a lesson. I had a tight stop that was triggered by volatility, but I didn't let panic take over.
The strategy: I saw that support at 0.097 was holding and maintained my order at 0.0966. It executed perfectly, and I already took a partial exit at 0.0983 to secure and recover the previous loss. Although at this moment it wanted to catch its breath. This is interactive for scalping and securing some profit.
Now I'm observing if $SYN breaks the local resistance. How did you manage this movement? Did the spike take you out or did you hold on?
The market is at a critical point with Bitcoin pulling back to $83,000. Despite this bearish outlook, I have decided to hold my position in $DODO, where I entered this morning at 0.0196 USDT.
Why am I still in? The chart shows that DODO is struggling to maintain the support of the MA99. If BTC manages to stabilize at these levels, oversold altcoins like this usually have quick bounces of 5% to 10%.
🎯 My target: 0.0214 USDT (Target +2 USDT) 🛡️ My insurance: Stop Loss at 0.0189 USDT.
Trading with discipline is vital when there is 'blood in the streets.' It's not about guessing, but about managing risk. Are you buying this dip or do you think BTC will seek $80k? I’m reading you! 👇
$DODO resisting the onslaught: Is it time for the bounce? 🚀
The market is at a critical point with Bitcoin retracing to $83,000. Despite this bearish outlook, I have decided to maintain my position in $DODO, where I entered this morning at 0.0196 USDT.
Why am I still in? The chart shows that DODO is struggling to maintain the support of the MA99. If BTC manages to stabilize at these levels, oversold altcoins like this often have quick bounces of 5% to 10%.
🎯 My goal: 0.0214 USDT (Target +2 USDT) 🛡️ My insurance: Stop Loss at 0.0184 USDT.