In cryptocurrency trading, emotions often play a pivotal role, and one of the most prevalent sentiments that significantly impacts decisions is FOMO, or the Fear of Missing Out. FOMO in Crypto Trading FOMO represents the anxiety or apprehension that an investor feels when they believe others are profiting from an opportunity and they might miss […]
FOMO: Fear of Missing Out – Mindset you must avoid in Trading Read More »
Support and resistance are fundamental concepts in technical analysis. Support and resistance represent key price levels where a cryptocurrency’s price tends to stall, reverse, or experience increased buying or selling pressure. These levels helps in all types of trading such as Short term trading including Day trading, Scalping, Swing trading & Long term trading. Support
Support and Resistance in Trading Read More »
Candlestick chart, with its visually appealing and easy-to-interpret nature, has become a cornerstone of technical analysis for traders worldwide. By grasping the language of candlestick chart patterns, traders gain an edge in anticipating potential market reversals, continuations, or indecision points. In the subsequent sections, we’ll delve deeper into the anatomy of candlestick chart, explore various
Candlestick Chart Pattern: Psychology behind Successful Trading Read More »
What is STOP LOSS? Stop loss in cryptocurrency refers to a predetermined price level set by a trader to limit potential losses on a specific trade. It acts as a safety net, automatically executing a sell order when the cryptocurrency’s price hits a specified threshold. This risk management tool aims to protect traders from significant
Stop Loss: A Strategy to save your Million Dollars Read More »
Take profit refers to the act of selling a portion or the entirety of an asset to lock in gains and realize profits. For a trader Stop loss plays a significant role in minimizing their losses. Take profit orders also equally significant in taking out the profit made. In the volatile and rapidly changing landscape
Take Profit: Strategies for Maximizing your Profits in Crypto Trading Read More »
