xrpetfs

$AVAX

After a bullish breakout, there is always a retrace. A retrace can be short or long but never deep. If the retrace goes too deep it turns into a correction.

Notice here AVAXUSDT after the 7-April low, it starts to grow. There were two red sessions, total of 4 days (2D candles) followed by additional growth. We have a red session now which is the current active session. AVAXUSDT can continue growing right away or produce a few of these red sessions before additional growth.

The market never moves in a straight line, up or down, it always fluctuates and these fluctuations can seen like a big deal when we are looking up-close. If we zoom-out and consider the bigger picture, we soon realize it is all noise.

After the bottom is in, we get growth. Not only that, always higher highs and higher lows. So AVAXUSDT will continue growing long-term regardless of the short-term. Never worry about what happens today, tomorrow or in a single day. By the end of the week, it turns green; at the end of the month, prices are up. It is only the start, Avalanche is going higher for sure.

Just a friendly update and reminder to let you know that you can sleep easy, there is nothing that can stop this event we've been waiting for. It works like the Sun, it comes out everyday, you can count on it. Crypto goes down and then goes up, you can count on it...

Avalanche will grow!

Namaste.

#XRPETFs #SaylorBTCPurchase #TrumptaxCuts #EthereumFuture #BTCvsMarkets

How to Start Crypto Day Trading on Binance in 2025: A Step-by-Step Guide

As cryptocurrency markets continue to evolve in 2025, day trading has emerged as a popular strategy for investors aiming to capitalize on short-term price movements. Binance, one of the world's leading cryptocurrency exchanges, offers a comprehensive platform for both novice and experienced traders. This guide provides a structured approach to initiating day trading on Binance, incorporating trusted strategies and risk management practices.​
Understanding Crypto Day Trading
Day trading involves buying and selling cryptocurrencies within a single trading day, aiming to profit from short-term price fluctuations. Unlike long-term investing, day trading requires continuous market monitoring, quick decision-making, and a solid understanding of market trends and technical analysis.
Step-by-Step Guide to Starting Day Trading on Binance
1. Create and Verify Your Binance Account
Sign Up: Visit Binance.com or download the Binance app to register.​Identity Verification (KYC): Complete the Know Your Customer process to unlock full trading features.Enable Two-Factor Authentication (2FA): Enhance account security by activating 2FA through SMS or authenticator apps.
2. Fund Your Account
Fiat Deposits: Use bank transfers, credit/debit cards, or peer-to-peer (P2P) trading to deposit fiat currencies.Crypto Deposits: Transfer cryptocurrencies from external wallets to your Binance account
3. Choose the Appropriate Trading Interface
Binance Lite: Ideal for beginners, offering a simplified trading experience.​Binance Pro: Provides advanced trading tools and charts for experienced traders.​
4. Select High-Liquidity Trading Pairs
Focus on trading pairs with high liquidity to ensure smooth trade execution and minimal slippage. Examples include BTC/USDT, ETH/USDT, and BNB/USDT.
5. Utilize Binance Trading Tools
Technical Indicators: Familiarize yourself with tools like Relative Strength Index (RSI), Moving Average Convergence Divergence (MACD), Bollinger Bands, and Fibonacci retracement levels to analyze market trends.Order Types: Understand different order types such as market, limit, and stop-loss orders to manage trades effectively.
Effective Day Trading Strategies
1. Scalping
This strategy involves making numerous trades throughout the day to profit from small price movements. It requires quick decision-making and a solid understanding of market trends.
2. Momentum Trading
Traders identify assets showing strong price movements and trade in the direction of the trend. This approach relies on the assumption that assets moving significantly in one direction will continue to do so for a period.
3. Breakout Trading
This strategy focuses on entering trades when the price breaks through established support or resistance levels. Breakouts can signal the start of a new trend, offering potential trading opportunities.
4. Range Trading
Suitable for markets moving within a defined range, this strategy involves buying at the support level and selling at the resistance level.
Risk Management Practices
Set Clear Entry and Exit Points: Define your entry, stop-loss, and take-profit levels before entering a trade to manage potential losses and secure profits.Use Appropriate Position Sizing: Determine the amount to invest in each trade based on your overall capital and risk tolerance. Avoid overexposing your portfolio to a single trade.Maintain a Trading Journal: Documenting your trades helps in analyzing performance, identifying patterns, and improving future trading decisions.
Conclusion
Embarking on crypto day trading in 2025 requires a combination of knowledge, discipline, and strategic planning. By leveraging Binance's robust trading platform, understanding effective trading strategies, and implementing sound risk management practices, traders can navigate the dynamic crypto markets with greater confidence. Continuous learning and adaptability remain key to success in the ever-evolving world of cryptocurrency trading.
Disclaimer: Cryptocurrency trading involves significant risk and may not be suitable for all investors. Ensure you fully understand the risks involved and seek independent advice if necessary.
#BinanceAlphaAlert #AltcoinETFsPostponed #TrumptaxCuts #XRPETFs