Market update about $ETH 📈 It's showing a powerful increase after a successful retest of the ascending triangle, confirming the analysis. The present momentum indicates that the upward trend is likely to persist.
The market appears bullish, but a crucial warning🚨🚨:
The funding rate for Altcoins is notably high ✅, indicating potential for scam liquidation wicks.
There's a chance the market could experience wicks and liquidate overleveraged traders. Subsequently, the market might recover, but those in high leverage positions risk losing everything. #FutureSignals #futuers
$DEGO Analysis 📈 $DEGO is up by 21% with 25.78M volume: - Notable upward momentum occurred after the trendline breakout, surpassing a significant support/resistance level. - An entry opportunity arises with a potential breakout retest above this established level. - Observing for sustained confirmation of upward movement during this retest can signal a favorable entry point. #analysis #dego #signal
$LINK seems bearish, just broke the current resistance, we will wait for confirmation and if we tested the resistance that means it's a short signal !
1-Short-term Downtrend: The latest price action shows a dip below the short-term moving averages, indicating a recent downtrend. 2-Increased Selling Pressure: A spike in volume coincides with a large red candle, suggesting a significant sell-off recently occurred. #Signal🚥 #FutureTradding #LINK/USDT🌐
5 Strategies to Identify and Outsmart Crypto Fake Outs
Wait for Confirmation: Look for additional signs that support the price movement beyond the initial break of a support or resistance level.Use Technical Indicators: Employ tools like RSI or MACD to verify the strength and validity of the breakout.Set Stop-Loss Orders: Protect your investment from significant losses by setting a stop-loss order at a predetermined price level.Analyze Trading Volume: A genuine breakout is often accompanied by an increase in trading volume. A lack of volume can sign
1. Educate Yourself: Learn about the market, assets, and trading dynamics to make informed decisions.2. Manage Risks: Use stop-loss orders and set limits to control potential losses in volatile markets.3. Start Small: Begin with a smaller position size to grasp the market's nuances.4. Use Reliable Exchanges: Opt for reputable platforms with strong security measures like binance.5. Stay Updated: Keep abreast of news and market changes to adjust your strategy accordingly.Trading crypto futures can
Claim 1 $ADA for free ! Go to binance pay and click claim red packet ! Code: BPMFDJ6JV5 or go to link https://s.binance.com/6SuHoceD 50 likes for the next !