Bitcoin bullish or bearish? The Bitcoin Liquidation Map shows that if Bitcoin's price drops to $56k, about $10 billion worth of long positions might be wiped out. On the other side, if Bitcoin rises to $76k, around $4 billion in short positions could face liquidation. This means traders are watching closely for big changes in the market. It's like a warning sign for them to prepare for possible swings in Bitcoin's price. This situation highlights how risky and unpredictable trading can be, as even small price movements can have huge consequences for investors. $ETH #Write2Earrn
LIQUIDATED AGAIN ? 🤔 Do these to avoid liquidations 👇
1. Limit leverage to 10x or max 20x to prevent liquidations and significant losses when trading futures.
2. Always set stop-loss and profit targets.
3. Avoid overtrading and establish clear profit targets. Take breaks from trading as markets fluctuate. Avoid large pumps/dumps.
4. Trade in smaller portions, don't go all in. Average down entries with 50% pump or dump tokens. Assess market sentiment before investing. Avoid high-risk meme coins or allocate a small portion of assets for trading.
By following these steps, you can increase your chances of profiting from futures trading. Let me know in the comments how many times you've been liquidated so far. #HotTrends #Wite2Earn
I have a bad feeling that today's rally in $BTC might be a bull trap, aiming to lure many traders into long positions only to be liquidated again. While my mind tells me to buy now, my intuition advises waiting for a bit more correction.$BTC 🚨 Good luck for everyone #Write2Earrn
$BTC !LONG! If we break through 68500 resistance level with a continously rising volume $BTC / $USDT---> TP 68700 Leverage: 1x - 5x Target —> 72500
Important Note!🚨 Without rising volume touching resistance level can cause trend reversion, and falling back till previous support level.
Follow me for more signals. (Don't forget; higher the leverage, higher the risk.) (This is not trading advice by any shape or form.) $BTC #write2earn…. #HotTrends
After breaking the 40,4 resistance level, because of the high volume and strong trend a big outbreak expected.
Reccomended setting a stop loss around 38,5.
Follow me for more signals. (Don't forget; higher the leverage, higher the risk.) (This is not trading advice by any shape or form.) #write2earn…. #HotTrends $SOL
Follow me for more signals. (Don't forget; higher the leverage, higher the risk.) (This is not trading advice by any shape or form.) $BTC #write2earn…. #HotTrends
Bullish Momentum Observation 📈: The $SOL /USDT chart exhibits a remarkably strong bullish momentum. Candlestick formations depict a powerful uptrend characterized by higher highs and higher lows, indicating sustained and robust buying pressure.
Key Breakouts: The price has decisively breached the 177.55 USDT and 180.00 USDT resistance levels, aligning with previous predictions. This breakout paves the way for further upside potential.
Bollinger Bands Insight 💯: The Bollinger Bands indicator highlights that the price is trading above the upper band (182.61 USDT), signaling an extremely overbought condition.
Price Movement Predictions and Scenarios:
1. Bullish Continuation 🐂🚀: Should the buying frenzy persist, attention should be on the next significant resistance level at 182.97 USDT.A decisive break above this level could potentially propel $SOL /USDT towards the psychological barrier of 185.00 USDT or beyond.
2. Volume and Momentum Watch 👀: Traders are advised to closely monitor trading volume and momentum indicators for any indications of weakening bullish momentum or a possible trend reversal.
Conclusion and Caution: The overall outlook for the $SOL /USDT chart is incredibly bullish, with potential for further upside if buying pressure remains strong. However, traders are urged to exercise caution and implement effective risk management strategies, given the crypto market's volatility and potential for sharp corrections. 🔐