Manta Network is currently receiving high surge in price despite the Dip in mid January, however, due to the recent Partnership and Growth in the Network, the high surge in price although positive for hodlers, is scary at this junction.
#LOOM/USDT 😳😳 I AM SURE YOU ARE EITHER THINKING OF OPTING OUT OF THE TRADE WITH LITTLE LOSS OR THINKING IT WON’T HIT YOUR LIQUIDATION.
If you are a risk taker, this is not the time. LOOM is presently at -3 Funding rate. Please, be calculative with your risk, and check ur capital…
The coin is presently unstable until the next 1hr:20min Countdown.. at a negative Funding rate means lot of Shorters are in market, and until most of them gets liquidated, the Coin will continue Rising
Bitcoin Price Prediction as BTC Holds Steady at $26,500 Support – Are Bears Taking Control?
Key Points
Bitcoin currently trades at $26,730 with a slight 24-hour increase and boasts a market cap of $521.58 billion. The 50-day EMA stands at $27,210, emphasizing a bearish sentiment as Bitcoin trades below this marker.
A notable chart pattern, the double bottom breakout, has occurred at $26,900, which now acts as a resistance point. Bitcoin, the world's premier cryptocurrency, faced challenges in sustaining its value, plunging below the $27,000 threshold on Friday. In the last 24 hours, its price largely oscillated around the $26,600 mark.
The recent depreciation is largely tied to the unveiling of the US Consumer Price Index (CPI) for September. This index rose by 0.4%, surpassing the projected 0.3%. $BTC #cryptocurrency #trading #Binance
The LOOM coin is presently Bullish, while some see the LOOM as a manipulation by Binance, some see opportunity of making cool cash in its Futures Trading. A friend of mine made $2000 overnight The question is- how are they making this money?
Follow this account and get to know why? #usdt #cryptonews #trading #cryptocurrency #Binance
Achieving more wins than losses in futures trading requires a combination of sound strategies, risk management, discipline, and continuous learning. Here are some tips to help you improve your success rate in futures trading:
1. Education and Research: Before you start trading futures, invest time in learning the basics. Understand how futures markets work, the instruments you plan to trade, and the factors that influence prices. Keep up with financial news and market analysis.
2. Trading Plan: Develop a well-defined trading plan. This should include your trading goals, risk tolerance, entry and exit strategies, and the types of futures contracts you want to trade.
3. Risk Management: Protecting your capital is crucial. Use stop-loss orders to limit potential losses. Never risk more than you can afford to lose on a single trade. Many successful traders recommend risking no more than 1-2% of your trading capital on a single trade.
4. Diversification: Avoid putting all your capital into a single futures contract or asset class. Diversifying your trades can help spread risk.
5. Technical and Fundamental Analysis: Use both technical and fundamental analysis to make informed trading decisions. Technical analysis involves studying charts and indicators, while fundamental analysis looks at market and economic data.