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If you are new to trading, two of the most important terms you must understand are TP (Take Profit) and SL (Stop Loss).
These two tools can protect your money and help you trade like a professional instead of gambling.
Let’s explain this in the easiest way possible.
What is Take Profit (TP)?
Take Profit (TP) is the price level where your trade automatically closes in profit.
Think of it like this:
You buy Bitcoin at $40000.
You expect the price to go up to $41,000.
Instead of watching the chart all day, you set TP at $41,000.
When the price reaches $41,000, your trade closes automatically and your profit is locked.
TP helps you:
• Lock profits
• Avoid greed
• Follow your trading plan
Without TP, many traders hold too long and lose profits when the market reverses.
What is Stop Loss (SL)?
Stop Loss (SL) is the price level where your trade automatically closes to limit your loss.
Example:
You buy at $40,000.
You set SL at $39,500.
If the market drops to $39,500, your trade closes automatically.
You take a small loss instead of a big one.
SL protects your capital.
No SL = High risk of blowing your account.
Professional traders always use stop loss.
How to Set TP and SL (Simple Method)
After opening a trade:
1. Go to your open position.
2. Click on “TP/SL”.
3. Enter your Take Profit price.
4. Enter your Stop Loss price.
5. Confirm.
That’s it.
Always decide your TP and SL before entering the trade, not after.
Using Multiple Take Profits (TP1, TP2, TP3)
Advanced traders don’t close everything at one price.
They divide their position into parts.
Example:
Entry: $40,000
TP1: $40,500
TP2: $41,000
TP3: $41,500
SL: $39,500
This means:
• Sell some at TP1
• Sell more at TP2
• Sell the rest at TP3
This way, you secure profits gradually.
How to Move Stop Loss After TP Hits
This is called “moving SL” or “locking profit”.
After TP1 Hits
• Close part of your position (for example 30–50%).
• Move SL to your entry price (Break Even). Now your trade is risk-free.
Worst case: you lose nothing.

After TP2 Hits
• Close more of your position.
• Move SL to TP1 level.
Now even if price drops, you still secure profit.

After TP3 Hits
• Either close everything
OR
• Let the rest run and move SL to TP2.
This strategy protects profit step by step.

Why TP & SL Are So Important
Many beginners lose money because:
• They trade without SL.
• They move SL lower because of emotions.
• They hold profits too long due to greed.
Trading is not about guessing.
It is about managing risk.Small consistent profits are better than one big risky trade.
Final Advice for Beginners
• Always use Stop Loss.
• Risk only a small percentage of your capital per trade.
• Plan before entering.
• Control emotions.
• Protect capital first, profit second.
#Learn #Binance #MarketRebound

$BTC Bitcoin is set to close or has just confirmed its fifth consecutive red monthly candle, one of the rarest and most extreme bearish streaks in its history. This extended run of monthly declines has traders buzzing, as comparable patterns have historically surfaced near major market bottoms, often preceding sharp reversals.
The Current Bearish Streak (February 2026)
As of February 20, 2026, Bitcoin trades in the $66,900–$67,400 range (with recent levels around $67,000–$67,250 and intraday highs near $67,448), down sharply from its all-time high of approximately $126,000 in October 2025. The asset has now posted five straight months of negative closes:
•  The prior four months closed red.
•  February 2026 tracks toward (or has delivered) roughly a 15% decline, sealing the fifth red candle.
Historical data from sources like CoinGlass confirms this as Bitcoin’s longest consecutive monthly losing streak since 2018 marking only the second such occurrence in its 15+ year history (or the longest if counting the full 2018 run). Sentiment sits at “extreme fear” levels (Fear & Greed Index in the low teens), on-chain metrics reveal ongoing whale selling pressure, and roughly 46% of supply is underwater amid a ~40–50% drawdown from peak.
The pattern has sparked widespread discussion on platforms like TradingView, Binance Square, Cointelegraph, KuCoin, and X, with analysts highlighting its statistical rarity and potential exhaustion implications.
Historical Parallel: The 2018–2019 Bear Market
The closest precedent unfolded during the punishing 2018–2019 bear phase. Following the 2017 peak, Bitcoin endured:
• Six consecutive red monthly candles (with the core streak hitting or exceeding five in the bear’s depths).
• A capitulation low near $3,200–$4,000, accompanied by widespread panic selling.Once selling exhaustion set in, the reversal exploded:
• Bitcoin delivered five consecutive green monthly candles.
• The move produced roughly a 4x gain overall (some references cite 3x+ pumps).
• Several months posted gains over +25%, launching the recovery toward new highs in 2019–2020.
This setup is often referenced as the classic template: extreme, prolonged downside where bears fully commit frequently exhausts supply, paving the way for aggressive buying, short covering, and contrarian rallies.

Why This Setup Matters — Rarity & Market Extremes
Five consecutive red monthly candles ranks among Bitcoin’s rarest patterns — appearing just once (or twice, depending on precise streak definitions) before now. Such clusters typically align with cycle lows or pivotal turning points:
•  Peak bearish sentiment and capitulation vibes.
•  Oversold technicals (e.g., monthly RSI at levels matching 2015/2018 bottoms).
•  Climactic selling that depletes remaining bears.
Though 2026 differs structurally featuring spot ETFs, heavier institutional involvement, higher nominal prices, and macro factors like potential bear-year expectations — the core psychology of fear exhaustion mirrors past extremes. History rarely repeats verbatim, but these setups often flag zones where sentiment overextends and rebounds gain traction.
Potential Outcomes Ahead
Predictions remain uncertain, as no cycle is identical. Current dynamics include ETF outflows (recent multi-week streaks), persistent whale distribution, and broader economic pressures that could prolong weakness with some warnings of retests toward $60,000 if key supports break.
Traders watch for reversal cues:
•  A decisive monthly close to end the streak.
•  Rising volume on bounces or long lower wicks defending levels.
•  Whale accumulation shifts or sentiment flips toward greed.
If the 2018–2019 parallel partially repeats, this rare streak could mark a high-conviction contrarian window though extreme volatility persists, and deeper downside remains possible.