Soul trader

26/05/2025

26/05/2025

*Smart Trading: Why Waiting for a Dump and Retest is Key to Buying Crypto on Spot*

When it comes to buying crypto on spot, timing is everything. One strategy that can help you make more informed trading decisions is waiting for a dump and retest to a previous support level.

*Why Wait for a Dump?*

Waiting for a dump allows you to:
- *Avoid buying at the top*: By waiting for a price drop, you can avoid buying at the peak of a rally.
- *Get a better entry price*: Buying after a dump can give you a better entry price, potentially increasing your profit margins.
- *Confirm support*: A dump and retest can confirm whether a previous support level is still valid.

*The Importance of Retest*

A retest of a previous support level can provide confirmation that the level is still valid. If the price bounces back from the support level, it's a good sign that the level is holding. This can give you more confidence in your buying decision.

Benefits of This Strategy

By waiting for a dump and retest, you can:

- *Reduce risk*: By buying at a lower price, you can reduce your risk and potentially increase your returns.

- *Increase potential returns*: Buying at a lower price can give you more room for potential gains.

- *Make more informed decisions*: This strategy allows you to make more informed trading decisions based on market sentiment and technical analysis.

In Conclusion

Waiting for a dump and retest to a previous support level can be a smart strategy for buying crypto on spot. By understanding support levels and waiting for a dump and retest, you can make more informed trading decisions and potentially increase your chances of success in the crypto market.

24/05/2025

24/05/2025

Background

23/05/2025

Are you a trader or you want to learn how to trade

04/09/2024

I would love to buy back my $dogs
But waiting for a shift in market structure of Bitcoin, the impact will greatly affect other assets

04/09/2024

Bleeding market,
Btc may retrace back to 40k dollar before further uptrend, patience for a better dump

22/04/2024

Copied
Laugh a little bit🤣🤣

So when I got back from work this evening, my wife told me that she quarrelled with my neighbour's wife. I was very shocked. This was the first time such a thing was happening. Both women had lived in peace since we parked in.

So I asked her what the problem was. My wife told me it was because of the rope where we dry clothes. My wife wanted to dry her clothes and my neighbor's wife wanted to dry her own clothes.

One thing one thing led to confrontation, and small thing one person said you insulted me and something something led to quarrel.

The husband of my neighbour's wife returned as I was still talking with my wife. And the hot-tempered wife of my neighbour began to shout at her husband.

"You better go and warn her husband to warn her. Go and warn the husband to warn his wife or else."

My wife wanted to go out to confront her but I held her back.

"I am home now. Don't go outside."

"If you won't allow me to go, then you better go out and tell her husband to tell his wife to shut her mouth or else I will come for her. Go now and tell him. Go and tell him o."

My wife was angry. She entered the bedroom in anger.

I opened the parlour door to peep outside, at that moment I saw my neighbour also opening the door to come out. I thought the man was coming to warn me as his wife instructed. But he didn't. He came to me and said.

"Uncle Praises, I am sure you have heard about the drama."

I nodded.

"Yes, I have."

"My wife is very wild. I will not sleep this night if I don't do what she wants. She has asked me to warn you. I don't know if we can just act the drama small. I will warn you and you will beg me to calm down. So I can go in and sleep well."

"Ha no na. If you warn me and I start begging you, you will be sleeping well in your house and my wife will think I don't have power. She will insult me all night for begging you. Your wife will think you are more superior."

"So what do we do now?"

"Let us warn each other. You wil

30/12/2023

Consistency ❤️❤️💝💝

29/09/2023

Are you still doubting if you should venture into fx??👍🔥🔥🔥💲💲💲💲💲💲💲💲💸💸💸💵💵💴💴

Small blessings on a smaller account

13/09/2023

When men are working hard for a better tomorrow