Personally, I am leaving the futures with a 70% loss from the deposit. Spot is calmer.
LIVE
Anonymous_026
--
About Futures
I would like to clarify a bit about futures and their influence on the crypto market. It is important to immediately understand that futures are not a factor influencing growth but rather bets on growth or decline, like in bookmakers. In the minds of many, thanks to numerous 'experts' and 'market sharks,' there is an impression that 'shaving the hamsters' means taking money for oneself from the exchange or market - this is not the case; the exchange and market do not care how much you earned or how much you lost.
Nothing serious, this can be made up, the main thing is not to step on the same rake.
LIVE
sila777
--
There is no trust in this bull market! These are naive people who believe in fairy tales. Over the past year, I have understood and seen a lot. There is a psychological attack on people who buy crypto on futures.
I also notice, I see, these are all scammers, why is the cryptocurrency market not regulated and not checked, I am very angry, there is no faith, this is a scam
LIVE
Den74
--
People look at the trading glasses alokionv there is a strong pressure to buy and the price is falling, this is a scam, bitcoin dominance art reduces the price of alts
All around is deception, I will disappear into the fog
LIVE
Den74
--
People look at the trading glasses alokionv there is a strong pressure to buy and the price is falling, this is a scam, bitcoin dominance art reduces the price of alts
There is no trust in this bull market! These are naive people who believe in fairy tales. Over the past year, I have understood and seen a lot. There is a psychological attack on people who buy crypto on futures.
LIVE
Crypto Daily™
--
Render ($RENDER) Crashes 26% to Downside but Altura ($ALU) Remains Bullish
Bitcoin's Sudden Drop Shakes the Market
Bitcoin's sudden drop from $108,000 to $96,000 has shaken the market of digital assets. This surprise move lit a fire under selling across all altcoins, with Render ($RENDER)being hit hardest and crashing -26%, breaking its 40-day trendline too. Conversely,Altura ($ALU) displayed outstanding strength, remaining locked into a bullish falling wedge pattern, a technical pattern that often leads to a reversal upward.
Render ($RENDER) Faces Dramatic Decline After Bitcoin’s Tumble
Render’s large crash is due to Bitcoin overnight tanking. That penetration below the psychological level of $100,000 triggered panic and heavy selling pressure. For Render, it meant losing an important support level that had supported its recent uptrend.
Render's price action is an indicator of investor indecision and reflects an oversold condition. However, any chance of a recovery ultimately prevents the token from regaining ground and retaking its trendline support.
Altura ($ALU) Remains In Bullish Formation
Even with the market volatility, Altura has stayed in an attractive technical setup. The falling wedge pattern in the token's position indicates a bullish breakout. This pattern develops when the price of an asset declines within an increasingly tighter range, often resulting in an eventual upward breakout.
Source: Tradingview
Altura ($ALU): What You Need to Know
- Altura has been resilient against potential downturns, holding near its key support zones. - A falling wedge pattern provides a positive outlook with Altura well on track for a bounce. - If Bitcoin stabilizes, Altura could significantly benefit from bullish sentiment.
How Altura ($ALU) Keeps Giving Reasons to Pay Attention
Altura has weathered volatility with unflappability that speaks to its unique appeal and strong fundamentals. Here are some of the underlying factors that led to its bullish sentiment:
Bullish Technical Pattern: The falling wedge setup strengthens confidence in a potential breakout.
Unique Use Case: The common ranging of blockchain-based gaming solutions with tokenized in-game assets makes Altura a good potential long-term investment.
Supportive User Base: A robust community strengthens the token’s ecosystem and ensures ongoing interest.
Future Price Prediction for Render ($RENDER) and Altura ($ALU)
Render ($RENDER): Keep an eye out for price stabilization. If the token manages to regain its 40-day trendline while neutralizing its oversold status, we could expect a rebound.
Altura ($ALU): The line at the top of the falling wedge is the one traders should pay attention to. A breakout from this pattern would trigger a big upward momentum, confirming Altura's bullish trend.
Conclusion:
The recent market crash has taken a toll on altcoins, with Render ($RENDER) suffering significant losses. However, Altura ($ALU) stands out with its bullish pattern and strong fundamentals, making it a compelling asset to watch. As Bitcoin stabilizes, Altura's breakout potential positions it as a frontrunner in the event of a market rally.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
I traded futures and lost 70% of my deposit I had strong coins OP ADA XRP leverage 3 all closed at minus $700
LIVE
Moha Adi
--
Bearish
Lost the battle against $PNUT. Lessons learnt: control your greed! Don’t invest in scam coins (no more meme coins) like this! If you are trading in futures, close the position quickly and close profits. I will have to take a break for a while before deciding to come back and trade.
Yes, the trading volume is increasing, all transactions are in the positive for the majority! But the price is falling along with Bitcoin! This is a big scam.
LIVE
Shirleen Toepperwein H8kg
--
$OP this crap was already low and low but there was still an input signal what is the problem more manipulation
Yes, I also observe this, it's all a scheme, Bitcoin is falling, everything collapses with it, it's all a brutal scam.
LIVE
Den74
--
You look at the glass of coins, there is strong pressure to buy, but in fact, on the chart, there is a decline under the dominance of Bitcoin; this is all artificially created.
You need to have more knowledge and experience. Everything is learned through comparison.
LIVE
Vezukryptu
--
I am just amazed at how many whiners write posts like "I've lost everything" "This is a scam" "Sell and leave, it's all a deception" "Futures are a complete fraud" You whiners need to start thinking realistically, set a minimum leverage, and don't use your entire balance. This is the exchange, there are rises and falls, and it requires patience, a cool head, and nerves of steel. If you think realistically and aren't greedy, you will then be both financially secure and in profit.
$BTC all altcoins are tied to bitcoin, this is evident from the chart, the weight follows their plan, all these candles and analysis do not adhere to logic, especially futures, online casino