#TradeNTell #Wtite2Earn $SUI $DYDX $AI $MC $NYM $ORBR $BICO Top 7 unlocking tokens: what you need to know before investing
How to make money in this segment of the crypto market
In almost all cases, unlocking affects the value of the tokens. There are so-called “bullish” and “bearish” breakdowns. The first - in which the price of tokens increases after unlocking, and the second - in which the price falls. Bullish unlocks typically involve the assumption that future sales volumes will be less than, or at most equal to, circulating supply. While “bearish” ones, on the contrary, imply a price dump after the unlock.
Two strategies for working in the token unlocking sector are formed based on these options. That is, the user must actually predict where the price of the token will go after unlocking - down or up. And if it goes up, then purchase the required number of tokens for future operations with them or own them “long”, or start “shorting”.
Opportunities for carrying out such operations are provided by various platforms that inform the user about the timing of unlocks. One of them is Token Unlocks
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Delisting a Spot trading pair does not affect the availability of tokens on Binance Spot. Users can still trade locally on a trading pair base and quote assets on other trading pair(s) available on Binance.
Binance will discontinue Spot Trading Bots services for the aforementioned spot trading pairs on 2024-02-02 03:00 (UTC), where applicable. Users are strongly advised to renew and/or cancel their Spot Trading Bots prior to termination of Spot Trading Bots services to avoid potential losses.
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#TradeNTell $CFX Analysis of the daily#CFXchart shows continued respect for the 200-day moving average (orange).
In February 2023, bulls gained strong momentum, breaking through the 200MA, leading to a 20-day range before an explosive rally.
However, in June 2023, bulls lost the supporting 200MA, trading 180 days lower.
On the positive side, bulls recovered in December 2023 and held above the 200 moving average.
Currently in a tight 50-day range, a bull breakout could take the price to around $0.50, a psychological resistance level previously recognized by the market.