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Wolf_king888

📊#FLOW Big Upside Break Out Potential: Patience!🧠FLOW has been consolidating in this falling wedge pattern for over a year now. I expect heavy volume once it breaks out. Remember, we will wait for price confirmation to break above the wedge resistance line. Once FLOW breaks below the support level, the signal will be invalidated. ➡️Spot trades can use DCA with a stop loss below $1.5 targeting the September 2022 high. This results in a trade with huge upside potential and a very good risk reward of 17.56💰
Long
by wolf_king888
📊#BTC Death Cross is about to flash!🆘📉 ‼️Dumping is not far away from us. This is not alarmist, because it is the general trend. Before making a specific analysis, we need to first understand an event that we should pay attention to in the future:👇 On October 17, the SEC will review 5 BTC spot ETFs again. Regardless of the outcome, the market will experience wild swings, so use necessary risk management.⚠️ 🧠Now that the event driving factors are in place, let’s analyze them based on the event expectations. Then I opened the EMA technical indicator and simulated its possible trajectory, and made a surprising discovery: the death cross is about to appear! ! ! ✔️We all know that technical indicators are delayed. When the death cross occurs, we may have missed the entire market opportunity. In addition, we have been consolidating here for a long time. BTC is likely to break the wedge structure and start falling before the 17th.📉 let us see👀
Short
by wolf_king888
🆘#PERP N-type structure was broken, and RSI diverged.DUMP!🧠The first is the divergence of the RSI indicator, which shows that most investors are leaving the market at a profit. But we cannot open short positions based on this yet, because the uptrend is not over yet. But when we see the N-shaped uptrend broken, we are convinced here that the downside is coming, so we set up a short position✔️ ➡️Now we intend to lock in more than 80% of the profits and move SL to breakeven.
Short
by wolf_king888
📊#ENJ breaks out of triangle structure, goes to the moon?🧠ENJ has been running in this model for 1 year, and finally started to rebound after breaking the low point in 2022. Now we are near the first resistance level, and RSI has also appeared in an oversold state. I think we should not be too anxious, and should retreat to re-accumulate strength when we encounter the first resistance level, because we have consumed too much strength when we broke the triangle resistance line. 📉So I opened some short setups around the resistance looking for a short-term pullback let us see👀
Short
by wolf_king888
1
How to avoid the risk of futures trading and increase the winninI sorted out the principles of this long BTC trading strategy. This is a trading system with a high winning rate that I often use. It is very simple and practical. I will share it with you now, hoping to help you. As we all know, the risk of futures trading is very high. If you are a novice, then you are prone to failure. Liquidation and asset zeroing are common things. In severe cases, you may even screw up your life. This is very common for most novices. So how do we change this state of affairs? First of all, we must improve our trading capabilities by working hard to learn various professional knowledge. The second is to use small funds to start to practice and accumulate experience slowly. Of course, this is a very long process. We need to maintain enough patience, not give up because of one or more failures, and not affect our mentality because of market fluctuations. We must always maintain a stable state of mind to learn and practice. Then someone will ask, what if I don’t have enough patience? What if I don’t have much time to keep learning and practicing to improve myself? If you belong to this situation, without your own trading system, then failure will often accompany you until you leave the futures trading market forever as a loser. Or you choose to strictly implement the trading strategies of professionals. miro.medium.com Instructions for the entire trading process, you only need to execute The first thing we think of when doing futures trading is not to make money, but how to keep the principal! This is very important. Only under the premise of keeping the principal can we be qualified to seize more opportunities. Can’t have too much FOMO If you follow the trading strategy of the wolf king, then you have to choose to believe and reduce hesitation to improve efficiency. In the process of following, your trading ability will definitely be improved. Below is my RSI trading system: RSI 4 times cycle contrarian principle In a down (up) trend Only when the RSI reaches the overbought (sell) zone And retrace the 50 position (sometimes it will retrace to the opposite oversold area) Only when it breaks through overbought (sell) again will it consider doing a counter-trend Reversal. You can look for the inverse principle Open long positions, but don’t be too greedy to hold them for a long time. The reverse principle can only obtain short-term profits. There are many people who are good at opening positions, but few are good at closing positions. Because people are greedy, this requires us to act against our inner thoughts, which is undoubtedly very difficult. RSI trend-following strategy In a downtrend, the k-line must be below ema50 When the first time the oversold area is touched, it means that the trend has started, and then go short at each retracement support resistance position As mentioned above, we will find that the success rate of going long against the trend is much lower than the success rate of shorting following the trend, so only when we successfully form an N-shape against the trend and stand above ema50 will we consider doing long. This is also the reason why I drew the N-type path when simulating the trajectory of BTC. Note that the RSI contrarian trading strategy is suitable for shock range trading and harmonic trading. If you think this article can help you, please like and share it.👍💕 If you want to find Wolf King to help you improve your trading ability, please click on the profile of Wolf King.👀
Education
by wolf_king888
📊#BTC fell below the wedge-shaped support line again.dump!!! 🧠While I expect BTC to hold the support line, there are too many bears. Through the data on the chain, we can see that a large number of BTC and ETH have poured into exchanges in recent days and are waiting to be sold, so we need to be extra cautious. Whether the $25,000 can be hold is also critical, if not, then there is likely to be a huge dump and sweep LL 💕 Follow me so you don't miss out on any signals 💯 #Crypto #Binance #trading #wolf_king888
Short
by wolf_king888