After more than 6 years in the financial markets, especially the crypto market, from the big highs to the harsh crashes, I realized that your biggest advantage is not in finding the next rising coin... but in avoiding these six mistakes that silently kill 90% of traders.
The 6 most important mistakes every cryptocurrency trader should avoid:
▎#APT Analysis $apt The APT coin is one of the first cryptocurrencies to test the tail area of the decline that occurred on October 10. Therefore, it is crucial to monitor price behavior in this area.
If a break occurs below this tail and the price trades under it, regaining the yellow zone and closing above it without returning and trading below it will be critical.
Currently, the coin is under observation for potential entry if my expectations materialize. I anticipate a significant rise if the price interacts with this area after liquidity is drawn from the tail of the bottom that occurred on October 10.
APT Coin Analysis
The APT coin is one of the first coins to test the tail area of the decline that occurred on October 10. Therefore, it is very important to monitor price behavior in this area.
If a break of this tail occurs and the price trades below it, regaining the yellow zone and closing above it without returning and trading below it will be critical.
Currently, the coin is under observation for entry if expectations are met. I expect it to rise significantly if the price interacts with this area after liquidity is drawn from the tail of the bottom that occurred on October 10.
The current positive outlook I see regarding Bitcoin suggests the potential for a significant increase in its value. We will continue to monitor the situation to see how things develop. Once I enter the trade, I will inform you
هذه النظرة الايجابية حاليا التي اراها من الممكن ان يتخذها البيتكوين لجديته في الصعود
▎#ZEC Coin Analysis $zec Current Situation: The coin is moving in a corrective manner after a rise achieved in the previous weeks.
Technical Patterns: 1. Descending Wedge Pattern: – Confirmation of the end of the current correction will be through breaking the descending trend line (upper side) and successfully retesting the breakout.
2. Harmonic Pattern: – We have a reversal pattern known as the "Lightning" pattern, where the price has reached the reversal zone. A bounce may occur from this area, but we need reversal candles to confirm the bounce, at least on the four-hour timeframe.
3. Technical Support: – The price is approaching the bottom between two peaks achieved in the previous days, which also serves as good support.
Available Opportunities: • There are indicators that may provide us with a chance for a speculative trade.
ZEC Coin Analysis
Current Situation: The coin is moving in a corrective manner after a rise achieved in the previous weeks.
Technical Patterns: 1. Descending Wedge Pattern: – Confirmation of the end of the current correction will be through breaking the descending trend line (upper side) and successfully retesting the breakout.
2. Harmonic Pattern: – We have a reversal pattern known as the "Lightning" pattern, where the price has reached the reversal zone. A bounce may occur from this area, but we need reversal candles to confirm the bounce, at least on the four-hour timeframe.
3. Technical Support: – The price is approaching the bottom between two peaks achieved in the previous days, which also serves as good support.
Available Opportunities: • There are indicators that may provide us with a chance for a speculative trade.