🔸 1. Breakout 🚀:
When the price breaks through a strong resistance or support level, it is said to have "broken out."
🔹 Example: If the price of Bitcoin is stuck at $30,000 and then exceeds it to $31,500, it is said to have "broken the resistance."
🔸 2. The Explosion (Pump) 💥:
When the price of the currency suddenly rises significantly in a short time.
🔹 Often due to a large amount of buying entering.
🔸 3. Whales 🐋:
Individuals or entities that hold large amounts of cryptocurrencies and can move the market with large buy or sell orders.
🔹 Example: Selling a whale 10,000 Bitcoins suddenly may lead to a significant drop in price.
🔸 4. Bears 🐻:
Traders who expect the market to drop and open short positions.
🔸 5. Bulls 🐂:
They are those who expect the market to rise and open long positions.
🔸 6. Leverage 📈:
It is a multiple of your capital, for example, 10× means you are trading with 10 times your capital.
🔹 But the risk is that you could lose all your capital quickly if the market goes against you.
🔸 7. Liquidation ⚠️:
If the market loses and moves significantly against you, the position is automatically closed, and you lose all the trade balance.
🔸 8. Close Position 🔒:
You yourself close the trade, either to take profits or to limit losses.
🔸 9. Take Profit 💰:
An order that specifies the price at which you want to automatically close the trade when a profit is achieved.
🔸 10. Stop Loss 🛑:
An order that specifies the price at which, if the market reaches, the trade will be automatically closed to avoid greater losses.
📌 Continue your learning and benefit from these terms to understand the market and improve your strategy!
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#CryptoEducation #BinanceTips #TradingBasics
