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Live trading and strategies for successful investments
Why is it worth studying futures?
The answer to this question is partly given in my previous article. Here I would like to ask you - did you start, like me, with trading on the spot market and then moved on to futures?
If so, it becomes clear why many lose money specifically on futures. Interestingly, when it comes to crypto trading, everyone unanimously claims that futures are evil.
Disorders in the Community
Recently, an event occurred in the community that upset participants due to the distribution of tokens among users. Despite this, the project is attracting more users than any other in its category. The supply chain has been approved for launch at a price of 0.09, and now we can only wait for further developments.
Achieving the Maximum
The project has reached a price ceiling of $0.002653, beyond which it seems impossible to rise. The current price is $0.002529, indicating the beginning of a pullback. It is evident that the growth has reached its limit and a phase of decline has begun.
Trading Strategy
I am opening a short position, guided by cold calculation rather than emotions. Those who manage to react in time will be able to make a profit. Traders in long positions should prepare for the impending turbulence in the market.