OPEN — LONG 📈 Trading Pair: THETA/USDT Entry: 0.6864 (mar | crypto warrior on Binance Square

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OPEN — LONG 📈Trading Pair: THETA/USDT
Entry: 0.6864 (market order)
Averaging (DCA): 0.6341, 0.5952
Targets:
0.7181
0.7499
0.8134
0.8769
0.9403
SL: 0.5594
Testing on the daily timeframe (0.2) by fibonacci, we will gain a foothold and fly to (0.5)!
Better SPOT, futures, optional - no more than 1-2% deposit.

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

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How to Avoid Liquidation? Set stops. Even those who generally don't use them can place a stop a few points before liquidation to close without additional costs. Keep in mind that if multiple positions are open, the liquidation price might shift. ✔️ Why It's Important Usually, traders experience despair during a position liquidation. They might tell themselves, "whatever will be" when the price is close to forcing a position closure. However, if this isn't your last trade in life, the remaining amount in your account will be crucial. You'll remember it when replenishing the deposit, appreciating that decision. Also, it's essential to understand - this is your mathematical expectation. If you occasionally face position liquidations, you're shifting it against your favor due to additional costs. #BTC #lastpass #strk #sbf #etf

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Avoiding Position Liquidation - It's Costly 🔵A straightforward thought, yet some people still ignore it. Let's delve deeper into the phenomenon of liquidation and why it's essential to avoid it. 🟣The immediate answer lies in the definition; avoiding liquidation is necessary because it means losses. The market has shifted unfavorably, there are no more assets to support the losing position, and it's forcibly closed. 🟣But today, let's discuss other aspects. ✔️ Additional Costs Position liquidation on most exchanges involves fees, and in some cases, slippage. Potentially, you could have retained at least the collateral, but during liquidation, you risk completely wiping out your deposit. During significant moves against your position, if the margin isn't enough to maintain it, your position starts to get liquidated. If it's substantial, and you're holding a small coin or experiencing intense movement, you face slippage at market closing plus additional maker fees. And already significant losses increase even more. ✔️ When Liquidation Occurs - When leverage is used and there's not enough margin to support the position, whether in futures or margin trading. - In crypto loans, when collateral falls below the established norm (in this case, you'll be closed at zero). ✔️ Your Position Could Close at a Much Worse Price Due to Exchange Functionality On some exchanges, there's protection against price squeeze. If the price hovers in the liquidation zone for a specific time, the trade won't close. Consequently, if it's not a squeeze, you'll be closed at a much worse price than the potential liquidation price, leaving little in terms of collateral. #BTC #lastpass #tia #unibot #etf

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🪙#$BTC USDT Forming Head & Shoulder Pattern Here We Expect Some Corrections In Short term📉

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Expect $BTC to have some volatility tomorrow . #solana #arbitrum #ordinals

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