#Educational Post CONTINUATION CHART PATTERNS | CryptoSkullSignal en Binance Square

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#Educational Post 
CONTINUATION CHART PATTERNS

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$ARB /USDT LONG 10x Entry : 0.5200 - 0.4997 Targets 0.5335 0.5465 0.5620 0.5825 0.6035 0.6245 StopLoss: 0.4890

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🇺🇸FED EYES POTENTIAL 0.5% RATE CUT The chances of the Federal Reserve upping its highly anticipated September rate cut from 25 to 50 basis points are now almost 50/50. Due to be announced on Sept 18, the decision remained a "close call," according to some officials. Additionally, former New York Fed President Bill Dudley, who remains highly influential, said at an event in Singapore that there's "a strong case" for a 50 bps reduction. Source: Reuters

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#Educational Post Fear Of Missing Out (FOMO) FOMO is the emotion that investors feel when they flock to buy an asset in fear of missing out on the profit opportunity. As there are heavy emotions involved, FOMO by a large number of people can lead to parabolic price movements. Investors "FOMO-ing" from asset to asset in a game of musical chairs can often signal the later stages of a bull market. When emotions are rampant, many investors may jump into positions out of FOMO. This can lead to extended moves in both directions and may trap many traders who try to counter-trade the crowd. FOMO is also commonly used when designing social media apps. Have you ever wondered why it's usually more difficult to view posts on social media timelines in strictly chronological order? This is also related to FOMO. If users were able to check all the posts since their last login, they'd have the feeling that they've seen all the latest posts. By deliberately mixing older and newer posts on the timeline, social media platforms aim to instill FOMO in users. This way, the users keep checking back again and again in fear that they're missing out on something important. #BinanceLaunchpoolHMSTR #FTXSolanaRedemption

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$STRK free signal 2nd target Hit ✅

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🚨 U.S. TREASURY: OOPS... WE HAD A $380 BILLION DEFICIT IN AUGUST The U.S. Treasury revealed a $380 billion budget deficit for August 2024, a sharp reversal from the $89 billion surplus in August 2023. The deficit for the first 11 months of FY 2024 has now ballooned to $1.897 trillion, with interest costs on public debt surpassing $1 trillion for the first time. This surge is largely driven by the end of Biden's student loan forgiveness and soaring interest payments. Source: Reuters

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