$USUAL how many dumb guys in VN just let it all go to lighten the boat. The account only has a few hundred dollars but keeps spamming criticism all day.
$BTC What does this candle mean? A classic lesson in technical analysis!”
Recently, many experts have predicted that BTC will reach 94k - 95k. But if you look closely at this candle, do you realize something? This is one of the first lessons I learned when I started learning technical analysis.
This candle is not only a sign of strong volatility but also clearly shows the market psychology. The price was pushed down very deep, reaching 90,500, but immediately the buyers rushed in to push the price back up quickly. This shows:
1. The sellers are not strong enough to maintain long-term pressure.
2. The buyers have returned, creating a potential support zone.
This type of candle often appears in areas with great conflict between supply and demand, signaling the possibility of strong price fluctuations in the near future. If you understand the meaning of this candle, you can use it to make more accurate decisions in trading.
Leverage Is a Double-Edged Sword Initial Capital: Let's say you have $100. 🟢 Position and Leverage: Your total leveraged position cannot exceed $100. For example, if you are using 50x leverage, your margin cannot be more than $2 (since $2 x 50 leverage = $100 total position). 🔴 Liquidation Point: This way, your liquidation point does not occur because your total position is smaller than the total amount. 🔵 Why and when to use leverage?: Using 5x leverage versus 50x leverage essentially means that you are being loaned 5x or 50x your money. 🟢 The problem with high leverage: The problem with high leverage is that if you trade with a position that is larger than your total amount, you will have a liquidation point. But if not, you can be pretty comfortable because you won't get liquidated. 🔴 Trade example: Let's say you open a position with a margin of $1, 50x leverage, so your entire position is $50 and your margin is $1. If the cryptocurrency you chose has increased by 1% since you opened the position, that means you would have made a 50% return on your margin or $0.50. If the cryptocurrency has increased by 10%, you would have made a 500% return on your margin or $5 on your $1 margin. #Toncoin.#btc#xrp
Super bet $Dog project is developed by #Notcoin and #Blum in cooperation. Anyone who uses Telegram can come and receive it. The longer you use Telegram, the more you receive. My tele is 4 years old. The link to receive is in the comments below.
No trade is completely risk-free, but you can minimize your risk on Binance by: 1. Stop-loss order: Set a stop-loss order to automatically sell an asset when it falls below a certain price. 2. Position size: Manage the amount of assets you trade to limit possible losses. 3. Diversification: Spread trading across multiple assets to reduce dependence on a single asset. 4. Arbitrage: Take advantage of price differences between two markets. 5. Hedging: Offsetting possible losses by taking opposing positions. 6. Futures trading: Use futures to hedge against possible losses. 7. Options trading: Buy options contracts to limit possible losses. 8. Binance Risk Management Tools: Use Binance's built-in risk management features, such as margin limits and liquidation thresholds. Remember, even with these strategies, there is always some level of risk involved in trading.#Binance200M#TopCoinsJune2024#altcoins#BlackRock #bitcoin #Coin Source: Network
BitsCrunch Launches Comprehensive Analytics on Solana, Boosting the NFT Ecosystem.
Breakthrough Development:
bitsCrunch indexes all blocks of the Solana blockchain. Marks a major milestone in bitsCrunch's 2024 roadmap. Pioneering Initiative:
bitsCrunch takes the lead in blockchain analytics. Provides detailed analysis and investigation services for: NFT projects Marketplaces Gaming ventures Brands within the Solana ecosystem. AI Capabilities Expansion: Supports all Solana-based projects, including: NFT price estimation IP infringement detection Founder's Response:
Vijay Pravin, Founder and CEO of bitsCrunch: "Today's announcement is a strong validation of the value of bitsCrunch." "A leading and rapidly growing platform." "Reinforces the project's commitment to decentralized blockchain analytics." Growing Interest:
From leading venture capitalists and Web3 companies. Reflects bitsCrunch's rapid growth trajectory.