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$DOGE
is on the moon and will go further
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Market shows another light selling pressure and probably have another falling round but not too much but a light. Traders should be careful to the trend of the run time and manage their positions carefully to profits! USDT volume is going up! $BTC $USUAL $DOGE and some more hot coins are following this.
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How to save your money from liquidation? If you're a good manager and want to invest in UNSTABLE coins or face unexpectedly with bearish marketlike today's market, keep your account Position Mode on 'Hedge Mode'. This avoid you from liquidation in some emergency situations like today. How does this help you? If you see that your trade goes in a risky way, open an opposite trade with lesser margin than your current trade by the same coin. This two trades guide the liquidation price too far so you will never reach that price, then you can arrange and close one position based on the market out of emergency situations and take your profit. See the photos in this post. I always use this strategy and is very helpful. If you're new user and would like to save 5% of your each trade commission, use my Referral Code: OY2VERO9 Offer this 5% off commission fee to your new friends who want to open a Binance account.
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Bearish market is because of two major reasons: 1. Christmas holiday: traders are usually inactive in the market because of off working in the Christmas holiday. 2. Whales opportunities: whales took profitable days during the bullish market after winning Donald Trump as President of US. The inactive market during the Christmas holiday is a super opportunity for whales to decrease the price of the market before going Trump into White House as President to have another opportunity of buying and promoting their profits. The bearish will continue for a few more days.
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https://s.binance.com/pKWFfxUI
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Don't miss to see the surge of $PNUT and it is a very good opportunity for long position but need to be careful and manage the position.
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