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Hendy1

Easy and profitable strategy.

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so I will share strategies that are easy to use and quite profitable. we will determine where the support point (the lowest price) and the resistance point (the highest price). like the picture below. first we will determine where we will buy: you can buy after the support level chart (lowest price) appears. That's when you buy or you can enter above the support level. so second we determine the sale after you buy at the lowest price we will determine the resistance point (the highest price). for example we use the bitcoin support chart at the price ($ 9,000) and the highest price at the price ($ 9,500) so we can sell bitcoin below or above the price ($ 9,500) or in the middle of the price. it will benefit you. may be useful.

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My friend, what you are talking about is not a special strategy. It is general rules in technical analysis. Support and resistance areas are basics that no one can ignore, whether it is a beginner or an expert in the market.

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Your analysis is great, thank you. You have identified the support and resistance points well and I hope that you will always publish your analyzes for the benefit of the members and increase their skill in trading.

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Dear mate thanks for sharing your trading knowledge and strategies with us this is the first time I am actually hearing of resistance and support since I am not into trading but I like to learn more about this because soon I will engage in trading

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Yes, it is an easy and profitable strategy. Thank you for sharing it with us. I think I will use it to trade on trading platforms for cryptocurrencies in a good and strong manner.

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It is useful and important information regarding technical analysis, and every beginner will benefit from it, but it is not a fixed strategy


THINK POSITIVE

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This strategy is probably a good one, although I would always suggest to use stop-loss as the market is extremely volatile and sometimes the bottom means liquidation no matter how low leverage you use. Last dip liquidated even x5 leveraged players.

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On 1/31/2020 at 4:56 PM, Hendy1 said:

so I will share strategies that are easy to use and quite profitable. we will determine where the support point (the lowest price) and the resistance point (the highest price). like the picture below. first we will determine where we will buy: you can buy after the support level chart (lowest price) appears. That's when you buy or you can enter above the support level. so second we determine the sale after you buy at the lowest price we will determine the resistance point (the highest price). for example we use the bitcoin support chart at the price ($ 9,000) and the highest price at the price ($ 9,500) so we can sell bitcoin below or above the price ($ 9,500) or in the middle of the price. it will benefit you. may be useful.

this "strategy"(can't be called strategy since you just say, buy low and "sell high") could work only if you have a time machine 😂 you can see only what past supports and resistances have been. you can't define those levels before they happen

Edited by ayatoslaw
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On 2/1/2020 at 4:17 PM, Jhadhasan said:

My friend, what you are talking about is not a special strategy. It is general rules in technical analysis. Support and resistance areas are basics that no one can ignore, whether it is a beginner or an expert in the market.

It is indeed not a specific strategy, but the above topic provides useful information for novice traders, because most of them when buying looking for low prices and selling high prices and this is not the right way,
Determining Support and Resistance is finding the area of buying and selling, these are points that are rarely known, especially novice traders.


 

 

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This strategy is of interest because it is based on the analysis of the graph using probability theory. Here you do not need to apply analyzes

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The support and resistance trading strategy is superb and it is important to master them whenever you are in the market because they also spot out some entry positions.

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Thanks for the post. Rather, this information will be useful for beginners to understand the General rules of trading. Many traders with experience trade their own experience, depending on the situation.

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Thanks much friend, you have shared good tips that are very useful and we can use them to understand either we should buy or sale. That is the biggest thing that makes many trades to fail but i believe many of us we have learn new thing with your post.


Time is the ultimate weapon!

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It is not very simple process of finding correct trend of market because if so easy for us to find out the trend of bitcoin or altcoins market then every investors can earned easily profit from crypto market. We need constantly improvement in our learning for earning from crypto market.

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Using support and resistance points during trading may protect you from losing, but also make sure that it prevents you from some profits, because it is possible for the currency to make a rebound move up after you sold it because it fell below the resistance point.

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Using support and resistance levels is a great way to make money. It is a solid way to figure out when to put in your trade and when to get out and take your profits.

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