TradeCityPro | CELRUSDT Coins that are still sleeping!

👋 Welcome to TradeCityPro Channel!
Let's go together and analyze the coin market in these days of low volume in a brief and single time frame

🌐 Overview Bitcoin

Before starting the analysis, as always, we will take a look at Bitcoin. In the one-hour time frame, we had a rejection from the resistance of 99443 in the one-hour time frame. Of course, the market did not trigger before that and was simply breaking the predetermined resistance with low volume and we had no reason to take a position.

But after being rejected from 99443, we had a move towards 95445. These fluctuating movements are normal in a market that does not have volume and it is simply recommended that you do not trade for now or, if you do trade, at least do it in your sub-account or do it with less risk.


📅 Weekly Timeframe

In the weekly time frame, we see the celr coin, which is in its 950-day weekly box and after rising from the bottom of the box 0.01024 has moved towards 0.03372 and has been rejected by this resistance for now.

Now I want to talk a little about why we enter the spot market after momentum enters and when resistance or trigger fails. The most important reason is that we should not be afraid of money and this will cause our money and capital to be trapped in this coin for a long time when we buy inside the box.

A market like the crypto market, which is not yet mature and has a low capital volume and is subject to continuous hacks, is not a market where we can let our money be trapped for 3 years and nothing happens. On the other hand, we make our purchases when momentum has formed and our triggers have been activated, which allows us to either take a stop loss or take a profit.

Also, if you are holding this coin, I suggest that if the weekly candle closes below 0.01024, it is better to buy the coins. Sell ​​yourself and get cash because it will have the risk of a sharp drop

If you like to buy this coin, wait and make your purchase after 0.03372 and place a suitable stop loss of 0.01581 or 0.01024

Now you may be wondering why we should wait and buy 50% higher? Because of this reason, the volume and money have not yet entered this chart and for now it will confirm after the 0.03372 break and if you buy now it is likely to suffer again but on the other hand you do not have the capital to buy, for example, the sui coin and you will lose its profits.

Also be careful that after the 0.03372 break you are opening a position to buy spot, the weekly box break, so the 4-hour stop loss is meaningless and it will throw you out of this coin in the fluctuations, so buy with a reasonable stop loss so that you can follow the main trend of this coin after the momentum enters.

📝 Final Thoughts

Stay calm, trade wisely, and let's capture the market's best opportunities!

This analysis reflects our opinions and is not financial advice.

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