TRADING EDUCATION💡

Today, I’ll break down one of the SIMPLEST yet most EFFECTIVE strategies I use. You don’t need indicators, fancy tools, or anything complicated, just one thing:

Support and Resistance.

Let’s look at the $ORDI /USDT daily chart below.

We can see a clear support level around the $10.5 zone (purple area).

Price tested that support multiple times, then price eventually broke down, meaning that the support turned into resistance.

But, just because a support gets broken doesn’t mean it’s useless.

In this case, after the breakdown, price came back up, retested the same level and got rejected, leading to another move down. Which could've been a clean short trade.

To be a good trader, don’t be afraid to short when the opportunity comes, there’s ALWAYS a way to profit, even in a bearish market.

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