#TradingPairs101 Trading Like a Pro (Without the Jargon!) 🧠 | abdulrashid09 on Binance Square

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#TradingPairs101 Trading Like a Pro (Without the Jargon!) 🧠Ready to level up your trading game? Understanding order types is key! Here's the lowdown in simple terms:
 Market Order: "Buy/Sell NOW at the best available price." Fastest way to get in or out, but you don't control the exact price you pay/receive. Think "ASAP!"

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#CryptoSecurity101 crypto world is a world full of risks, and it requires constant vigilance. In the year 2024, more than two billion crypto assets were stolen. This year, a large amount of crypto was stolen from Bybit. Therefore, you should adopt appropriate security tools to protect your assets. Check your assets at least five or six times a day. Do not share passwords or other codes with anyone. One positive news is that NIST is ready to insure crypto assets. It may launch an insurance program

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Open long position $OM Tp 1 : 0.3010 Tp2 : 0.3100 Tp3 : 0.3150 #futuretraders #MyCOSTrade #TrumpVsMusk

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$BTC 📉💔 Why the Crypto Market Crashed Today — June 6, 2025 The cryptocurrency market took a heavy hit today, with top coins like Bitcoin ($BTC ), Ethereum ($ETH ), and Solana ($SOL ) all posting notable losses. Bitcoin is down about 3.1% in the past 24 hours and currently trades near $101,701, sparking concern across the crypto community. So, what’s behind this sudden crash? Let’s break it down 👇

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#TrumpVsMusk 📉💔 Why the Crypto Market Crashed Today — June 6, 2025 The cryptocurrency market took a heavy hit today, with top coins like Bitcoin ($BTC ), Ethereum ($ETH ), and Solana ($SOL ) all posting notable losses. Bitcoin is down about 3.1% in the past 24 hours and currently trades near $101,701, sparking concern across the crypto community. So, what’s behind this sudden crash? Let’s break it down 👇

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Based on the provided data for **$OM /USDT**, here's a detailed analysis for a **scalping** strategy (short-term trades): **Key Observations:** 1. **Price Trend**: - Current Price: **0.2845 USDT** - Significant downtrend: **-10.11% (24h)**, with deeper declines over longer periods (e.g., **-25.66% in 7 days**, **-95.73% in 180 days**). - Moving Averages (MAs): - **MA(7): 0.2837** (slightly below current price, neutral) - **MA(25): 0.3026** (above price, resistance) - **MA(99): 0.3178** (strong resistance). 2. **Volume & Momentum**: - **Volume (24h)**: 325,326.9 (low compared to MA(6) at 2.2M, indicating weak interest). - **Stochastic RSI**: 37.97 (neutral, not oversold or overbought). 3. **Support/Resistance**: - **24h High**: 0.3170 (resistance) - **24h Low**: Likely near current price (no explicit value, but downtrend suggests lack of strong support). --- **Trade Signal for Scalping**: #### **Short-Term Bias: SHORT** - **Reasoning**: - Dominant downtrend across all timeframes (1d to 180d). - Price below key MAs (MA25, MA99), indicating bearish pressure. - Low volume suggests lack of buying interest to reverse the trend. - Stochastic RSI is neutral but could dip further if selling resumes. - **Entry**: Near current price (**0.2845**) or slight pullback to **0.2860–0.2880** (test of MA7 as resistance). - **Target**: **0.2800** (immediate support) or lower (**0.2750** if momentum strengthens). - **Stop Loss**: Above **0.2900** (to account for potential fakeouts). #### **Alternative Scenario (Less Likely)**: If price breaks above **MA7 (0.2837)** and holds, a small **LONG** scalp to **0.2880–0.2900** could be attempted, but risk/reward is less favorable. --- **Risk Management**: - Use tight stops (1–2% max loss per trade). - Monitor volume spikes for reversals. - Avoid holding trades >15–30 mins due to low

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