Head and shoulders is a chart pattern in which a large peak has a slightly smaller peak on either side of it. Traders look at head and shoulders patterns to predict a bullish-to-bearish reversal.
Typically, the first and third peak will be smaller than the second, but they will all fall back to the same level of support, otherwise known as the ‘neckline’. Once the third peak has fallen back to the level of support, it is likely that it will breakout into a bearish downtrend.
Binance has announced the 58th project on Binance Launchpool - Hamster Kombat (HMSTR). Users will be able to lock their BNB and FDUSD to receive HMSTR Airdrops over a period of seven days, with farming starting from 2024-09-19 00:00 UTC. Binance will then list HMSTR at 2024-09-26 12:00 UTC and open trading with HMSTR/USDT, HMSTR/BNB, HMSTR/FDUSD, and HMSTR/TRY trading pairs. #HMSTR #BinanceLaunchpoolHMSTR
Blum Airdrop and Possible Listing Date on Binance #blum The world's biggest cryptocurrency exchange, Binance, has invested in Blum, a decentralized exchange (DEX) that is seamlessly connected with Telegram, through Binance Labs, its venture capital division. Blum's development will be accelerated by this calculated investment, which will also greatly increase its awareness within the international cryptocurrency community. However, what is Blum precisely, and why is there such a buzz about it?
“In the short term, The market is a voting machine; In the long term, It’s a weighing machine.” In the short term, The market reacts to hype and emotions.
Ever seen one of these abbreviations and wondered what it meant? 🔸FUD 🔸FOMO 🔸HODL 🔸BUIDL 🔸SAFU 🔸ROI 🔸ATH 🔸ATL 🔸DYOR 🔸DD 🔸AML 🔸KYC 1. Fear, Uncertainty, and Doubt (FUD): Spreading of fear and misinformation to gain an advantage. 2. Fear Of Missing Out (FOMO): The emotion you feel when you panic buy. 3. HODL: Buy and hold on to it for a long time! 4. BUIDL: Keep your head down and build the next financial system. 5. SAFU: Funds are safe! 6. Return on Investment (ROI): How much money you are making (or losing). 7. All-Time High (ATH): The highest price ever recorded! 8. All-Time Low (ATL): The lowest price ever recorded. 9. Do Your Own Research (DYOR): Don't trust, verify. 10. Due Diligence (DD): Smart people make decisions based on facts. 11. Anti Money Laundering (AML): Regulations that prevent criminals from hiding their money. 12. Know Your Customer (KYC): Regulations that make exchanges verify your identity.