Right now, the market seems decent for future trades but mostly in consolidation. And I decided to put my support and resistance strategy to work, well I got a project in mind Arena-Z A2Z
I’ve been watching the A2Z token on the 1-hour time frame today. Liquidity looks good, and I noticed a market structure shift (MSS) to the upside, so I took a position.
Future trading does not require good strategy. If the market is good, then you should always be trade on long and technical analysis. If someone is interested in trade and expert. Then they know that it is possible to trade a picture in any preparation in the market. And the most profitable is possible from the trade. Yes, it is necessary to observe the market with one hour to two hours time frames when it is traded most of the time. Because it's not too long to hold it for a long time. But if anyone decides to open the trade for a day or two. Then the leverage should be reduced to a lot, so that there is very little chance of being liquid.
If your observation is correct, then you can trade to Future with any coins and I will always say to Bitcoin to prioritize.
If op is trading the future market especially on Bitcoin pairs, it is very important to check fundamentals before entering the market because that has been one of the reasons why traders keep losing money in the future market. Trading is not supposed to be based on technical analysis alone because that can bring loses to us when price quickly move due bad or good news.
Anything can make the crypto market to change in direction and we should be very wise when analyzing the market so we don't finally end up making a regrettable decision due to our ignorance of not checking for fundamentals before clicking the buy or sell button.