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@WilsonOmulimisa
Binance is Here to Stay Don't panic. Stay at the true Crypto Market place.
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There is what we call *Bullish traps* and *Bearish traps*. It can happen at the same time in the market.
A bear trap in trading refers to an illusion which leads traders into believing that a downward trend in an asset or market may soon reverse, creating an opportunity to buy. The term bear trap refers to its ability to trap traders who enter bullish positions prematurely at what appears to be trend reversals.
Bull traps occur when there is a temporary halt or reversal in an upward price movement in assets or markets, creating the false impression that it might start declining (become bearish). Traders may mistake this dip as an opportunity to sell off holdings or take short positions, in anticipation of sustained downward movement.
*In both scenarios Billions of dollars are whipped from the market*.
*Lesson*: It's only Spot trading with Royal Q which can save you from this because of its ability to enable traders to execute trades with Margin calls.
*The Royal Q Robot is built with an AI ability to automatically employ the DCA (Dollar Cost Averaging) technique during a down trend*
Good night. 🤗 Kekekeke.
A bear trap in trading refers to an illusion which leads traders into believing that a downward trend in an asset or market may soon reverse, creating an opportunity to buy. The term bear trap refers to its ability to trap traders who enter bullish positions prematurely at what appears to be trend reversals.
Bull traps occur when there is a temporary halt or reversal in an upward price movement in assets or markets, creating the false impression that it might start declining (become bearish). Traders may mistake this dip as an opportunity to sell off holdings or take short positions, in anticipation of sustained downward movement.
*In both scenarios Billions of dollars are whipped from the market*.
*Lesson*: It's only Spot trading with Royal Q which can save you from this because of its ability to enable traders to execute trades with Margin calls.
*The Royal Q Robot is built with an AI ability to automatically employ the DCA (Dollar Cost Averaging) technique during a down trend*
Good night. 🤗 Kekekeke.
Great investment deal is here thanks to @Mbeyaconscious for the post.
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Mbeyaconscious
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🫂Remember: A lot of Hardwork goes into for providing you Best Investment Articles.Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice.
#BinanceTournament
🟥 Hurry Up! Offer Will Not Last Long
Hello family, Binance recently launched a campaign that will be beneficial to us all. If you haven't participated in or won a reward from Binance before, don't miss this opportunity.
⛓️💥Important information about this campaign:
Binance Loans is introducing a new promotion for Binance Loans (Flexible Rates) users using PEPE as collateral.
🗓Promotion period: 5th December to 31st December.
💸Promotion: Borrow Any Token with PEPE as Collateral to Get a 10 Million PEPE Locked Products Position.
During the promotion period, borrow at least 30 USDT equivalent of any token(s) on Binance Loans (Flexible Rates) while using PEPE as collateral to be eligible.
💰Rewards:
The first 800 users who complete eligible flexible loan order(s) for any token(s) will each receive a 10 million PEPE Locked Products position.
The reward will be locked in Simple Earn for 150 days while you earn interest on the 10 million PEPE.
Note: You must be a verified Binance user to participate in the campaign.
🫂Remember: A lot of Hardwork goes into for providing you Best Investment Articles.Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice.
#BinanceTournament
The Mighty Bull run is around the corner. check out my post on the #BTC dump which happened on 14th/11/2023.
LIVEWilsonOmulimisa
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#BTC price drops, $90 million in open interest wiped out amid jitter over spot #BTC ETF window closing.
Bitcoin price has dropped almost 5% on Tuesday to lose the $35,500 level as crypto markets grow anxious ahead of November 17.
The move has seen $119.246 million long positions liquidated with a $90 million drop in open interest for BTC.
Altcoins have also been wiped out, recording $194.57 in total altcoin liquidations amid immense selling pressure. November 17. $BTC #BTCRally
Bitcoin price has dropped almost 5% on Tuesday to lose the $35,500 level as crypto markets grow anxious ahead of November 17.
The move has seen $119.246 million long positions liquidated with a $90 million drop in open interest for BTC.
Altcoins have also been wiped out, recording $194.57 in total altcoin liquidations amid immense selling pressure. November 17. $BTC #BTCRally
#BTC price drops, $90 million in open interest wiped out amid jitter over spot #BTC ETF window closing.
Bitcoin price has dropped almost 5% on Tuesday to lose the $35,500 level as crypto markets grow anxious ahead of November 17.
The move has seen $119.246 million long positions liquidated with a $90 million drop in open interest for BTC.
Altcoins have also been wiped out, recording $194.57 in total altcoin liquidations amid immense selling pressure. November 17. $BTC #BTCRally
Bitcoin price has dropped almost 5% on Tuesday to lose the $35,500 level as crypto markets grow anxious ahead of November 17.
The move has seen $119.246 million long positions liquidated with a $90 million drop in open interest for BTC.
Altcoins have also been wiped out, recording $194.57 in total altcoin liquidations amid immense selling pressure. November 17. $BTC #BTCRally
BREAKING: Bitcoin price crashes 8% wiping out $1 billion in open interest.
Bitcoin price peeked past the $38,500, wiping out $1.56 million shorts, but a 4% correction has seen $17 million longs liquidated.
Shorts were squeezed and now longs trapped, with both sides effectively caught off guard, leading to around $ 1 billion in open interest wiped out.
It comes a day after Bloomberg’s James Seyffart reinvigorated the market with prospects of a spot BTC ETF approval within eight days.
#BTCRally $BTC
Bitcoin price peeked past the $38,500, wiping out $1.56 million shorts, but a 4% correction has seen $17 million longs liquidated.
Shorts were squeezed and now longs trapped, with both sides effectively caught off guard, leading to around $ 1 billion in open interest wiped out.
It comes a day after Bloomberg’s James Seyffart reinvigorated the market with prospects of a spot BTC ETF approval within eight days.
#BTCRally $BTC