#1000000BOBUSDT in second, a massive $15m in 1 minute candle wipe out a short position. What do you expect from such a coin like this? Beware mate! #Write2Earn#BTC
The last two trades before this, I told myself I’d stop, but then $LPT started moving, and I jumped back in! These trades didn’t last more than 25 minutes, but I was second-guessing myself the whole time—thinking about closing the position three times without a solid reason or even setting a stop-loss. Ended up closing when #LPT/USDT went green, got lucky there. But honestly, breaking my promise to stop and trading without a clear entry or exit plan? Even with a profit, it feels like I lost the mental game 🤬 #Write2Earn #BTC
Futures trading is truly something else. $TRB with a small account and low leverage, you end up making profits more often. But once you start trading big and push for ambitious leverage, margin calls come knocking all the time. #TRB/USDT #Write2Earn
Is $ANIME break of its base? Some will undoubtedly call it a Cup and Handle pattern instead. However, confirmation may take days, and of course we’re looking for significant volume to validate it as a “break.” #BTC #Anime #Write2Earn
I’ve been diving into mid-cap cryptocurrencies (market cap $100–$500M) that are trading below their 200-day EMA but showing signs of climbing toward it. Each has a 7-day trading volume above $10M, so there’s real action here. 1. Chiliz (CHZ) – Fan Token Platform I’m seeing CHZ bounce back, sitting ~26% below its 200-day EMA (~$0.075). It just broke past this resistance, which is exciting! Support is at $0.067, with the next resistance at $0.084. The trend feels cautiously bullish—RSI is neutral (~50), and volume’s picking up, hinting at new money flowing in. If CHZ holds above $0.075, I think it could push toward $0.084 soon.
2. Enjin Coin (ENJ) – Gaming/NFT Token ENJ’s been stuck in a downtrend, trading below its 200-day EMA (~$0.11). It’s hovering around $0.08, with support at $0.07 and resistance at $0.09–0.10. RSI recently hit oversold (~28) but climbed to the 40s, suggesting a possible bottom. Volume’s average, so I’m waiting for a big spike to signal a move toward the EMA. A bullish MACD cross could spark some action. 3. Harmony (ONE) – Sharding Smart-Contract Chain ONE’s about 25% below its 200-day EMA (~$0.014–0.015), but it’s grinding up from $0.010 support. Resistance is at $0.013, and the trend’s trying to turn neutral. RSI’s in the 40s, and MACD’s close to a bullish crossover. Volume’s rising slightly, which gives me hope. If ONE breaks $0.013 with strong volume, I’d bet on a run at the EMA. 4. Arweave (AR) – Decentralized Storage AR’s stuck ~30% below its 200-day EMA (~$9), trading around $6. Support’s solid at $6, with resistance at $7.50. RSI’s at 34, hinting at oversold conditions, and MACD’s flattening, suggesting the downtrend’s weakening. Volume spiked during recent drops but calmed down. I’m watching for a higher low and RSI above 40 to signal a potential rally. 5. Mina Protocol (MINA) – Lightweight Blockchain MINA’s down ~35% from its 200-day EMA (~$0.33), sitting at $0.20–0.21. Support’s at $0.20, with resistance at $0.25. The trend’s bearish, but RSI’s flat in the mid-30s, and MACD’s leveling off. Volume’s low, so I’m cautious. A volume spike and RSI above 40 could mean MINA’s ready to climb toward its EMA. 6. Mask Network (MASK) – Web3 Social Trading MASK’s inching up toward its 200-day EMA (~$2.8–3.0), trading at $2.30. Support’s at $2, with resistance at $2.50. RSI’s in the 50–60 range, and MACD’s turned bullish, which I like. Volume surged recently, showing accumulation. If MASK holds above $2 and RSI stays strong, I think it’s got a shot at the EMA.
7. SKALE Network (SKL) – Ethereum Scaling Solution SKL’s ~25% below its 200-day EMA (~$0.030), at $0.021. Support’s at $0.020, with resistance at $0.024. RSI’s near 50, and MACD’s nearing a bullish cross. Volume’s strong (~$10.9M daily), suggesting a bottom might be in. If SKL holds $0.020 and pushes past $0.024, I’d expect a move toward the EMA. 8. Nervos Network (CKB) – Layer-1 Blockchain CKB’s at $0.0042, ~25% below its 200-day EMA (~$0.0056). Support’s at $0.0040, with resistance at $0.0048. RSI’s in the mid-40s, and MACD’s flat, showing consolidation. Volume’s decent (~$7.8M daily). A volume breakout and RSI above 50 could push CKB toward its EMA. 9. Reserve Rights (RSR) – Stablecoin Reserve Token RSR’s grinding up from $0.007, ~22% below its 200-day EMA (~$0.009). Support’s at $0.0065–0.0070, with resistance at $0.0080. RSI’s in the 50s, and MACD’s bullish, backed by a recent volume surge (~$47.6M daily). If RSR stays above $0.007, I’m optimistic it could hit the EMA soon. 10. Band Protocol (BAND) – Oracle Network BAND’s rallied to $0.70, close to its 200-day EMA (~$0.75–0.80). Support’s at $0.60, with resistance at $0.68. RSI’s in the 60s, MACD’s in buy mode, and volume exploded during the breakout. If BAND clears $0.68 with strong volume, I’d expect it to test the EMA and maybe even $0.99. Final Take These coins are all below their 200-day EMA, signaling long-term bearish trends, but I’m seeing short-term upward momentum in many. A high-volume close above the 200-day EMA could flip their outlook to bullish. I’m keeping an eye on RSI, MACD crosses, and volume spikes to spot which ones might break out. For now, I’d be cautious but optimistic—some of these could surprise us if the market turns! Please DYOR!
#TradingTypes101 Visualization of 3 trading types (spot, future, and margin):
Like a turtle, SPOT trading is steady and simple: you buy or sell assets at the current price, with immediate settlement. No leverage or time pressure makes it safe and beginner-friendly.
Like a fox, FUTURES trading is clever and fast-paced. You trade contracts to buy/sell assets later, often with leverage, requiring vigilance over mark-to-market and funding fees. Stay nimble to seize opportunities and avoid liquidation risks.
Like an eagle soaring on leverage’s winds, MARGIN trading amplifies gains but risks a hard fall. Borrowed funds boost your trades, but a margin call can strike if the market turns, demanding quick action to avoid steep losses.
Image: this is my first time to use SORA, and I must say, it's quite impressive 🙃