Today I will tell you how high leverage transactions can mislead you even if your indicators approve you. First of all, even if you only open a transaction for Btc and Eth pairs, your leverage rate changes according to support and resistance points. Especially in the right exchanges, leverage rates of up to 125 x can easily cause whale movements. In this case, in order to build wealth correctly, adjusting the correct leverage rates according to the status of MA 7- MA 25- MA 99 indicators will minimize the risk. In this case, the most accurate support and resistance that can be placed is to analyze the indicators in 4 hours and daily by looking at MA 7 and MA 25.
What are MA 7, MA 25 and MA 99?
MA 7 last 7 average MA 25 last 25 average MA 99 is the 99 average. In the transactions I have made in the last week, I have also noticed that the indicators are actually priced according to the past transaction volume, in other words, if there are new price targets, looking at the daily indicators can lead to more accurate analyses. If the weekly indicator gives a bearish signal, this data should also be taken into consideration separately.
Pairs other than BTC and ETH
In my opinion, there is no other parity than BTC. This is a market where the direction of the market is determined by the course of a single coin, rather than a place where the correlation of different stocks is common, such as the normal stock market, such as BIST 30. For this reason, how logical it is to take exponential profits outside of the BTC parity is also a subject that needs to be discussed separately.
ETH showing strong performance from BTC is in phase 2 bull, not phase 1 bear
I think that the issues that should be opened long on ETH are the times when long on BTC should be opened. As someone who usually observes whale movements as carefully as the transactions I open, I observed that the ETH parity increases more when BTC rises. But BTC parity can protect you more than ETH in bearish markets. The most important thing in coin markets is mental discipline.
