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Showing posts with the label FTX/BTC

The Rocket Booster Strategy In 3 Steps On Crypto

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  When you are trading crypto you have to focus on the BTC pairs only and don't use margin. -- This is to protect you with risk management Am from typing on Google "What happened to FTX?" -- This company become very popular and the time Bitcoin crashed it was a crazy moment kind of similar to what we have today -- According to Google Search ai it says the company mismanaged customer funds. Also according to an article from the The Guardian, 27 March, 2024, Ftx collapsed within 10 days - Maybe this could be the time to set a sell-stop order on this crypto pair FTTBTC - Now look at this chart you will notice the Rocket booster strategy in 3 steps: -The price is below the 50 EMA -The price is below the 200 EMA -The price is about to gap down So this is a position trade to help you catch this continuation chart pattern - That last step is important because it will help you with risk management which is very important - Rocket boost this content to learn more. - Disclaimer:...