Just that double bottom pattern was taking you up 🙈
Ralph Pulido V78u
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I wanted to share this thought of mine with you. DO NOT LET YOURSELF BE CARRIED AWAY BY FIRST IMPRESSIONS IN FRONT OF IMAGES OF LOW OR HIGH STRUCTURES... Analyze several variables. The first one I consider is TO REVIEW AND INTERPRET the axes of the graph. On many occasions, I observe that the price variations over time of a cryptocurrency are so minimal that they do not deserve the time or effort for analysis... FLASHY GRAPHS... LITTLE SIGNIFICANT INFORMATION... I'm not saying they aren't useful... Perhaps with more data or longer follow-up time and not so limited... To keep in mind. Regards
Use it as a learning experience, the price in the initial minutes 24 hours before rose almost 100%, going from 0.11 to 0.21, then dropping to 0.18, and in the previous 30 minutes it fell to 0.16, before sharply rising at the moment the spot listing opened to recover 0.185/0.19. Here are the 1-minute timeframe photos while I monitored on TradingView and Binance at the same time.
#AprendamosJuntos Today, $STO is listed on Binance spot; it had already been opened a couple of weeks ago in futures. Generally, when this happens, there is significant volatility that those who know how to use it can profit from. Obviously, you should do #DYOR ; however, here are some keys that may help you:
Typical behavior when listing tokens in spot after futures 1. Anticipation and speculation in futures: When a token is initially traded in the futures market, traders speculate about its price without holding the underlying asset. This activity can generate volatility and set price expectations before the token is available for direct purchase in the spot market. 2. Listing in spot and increase in demand: When trading in the spot market is enabled, it allows for direct buying and selling of the token. This can attract a broader base of investors, increasing demand and potentially the price of the token. 3. Price convergence: According to market principles, futures contract prices tend to converge with spot prices as the contract expiration date approaches. This convergence is driven by arbitrage opportunities that traders exploit to gain risk-free profits, thereby aligning prices in both markets.
Key considerations • Volatility: Price movements can be significant during and after the spot listing, especially if there is high anticipation or prior speculation. • Liquidity: The availability of tokens and the ease of buying or selling them affect the stability and direction of the price. • Arbitrage: Price differences between futures and spot markets can be exploited by traders to gain profits, which helps align prices in both markets.
Perhaps it is interesting to correlate this news that just came out on Bloomberg, with the price of BTC, in the first minutes and hours of the opening of the NY stock exchange. Perhaps it influences a small rise today
The game is to control emotions and take advantage of flowing with the injustice of the market, just pure scalping, nothing of days... you make a decent % and goodbye
CaptainShaggy
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$ALPACA We want investigation on today’s incident from Binance. The data speaks for itself. It’s impossible to have such price movement when the outflow from the token is this large.
Low liquidity? Okay. Then who placed rapid market orders to purchase this? A strong alarm ringing.
@Richard Teng @CZ Please consider an investigation on today’s incident. Many people were caught off guard with such manipulation. There has to be compensation involved. Take the responsibility #Binance, this is high time.
I see so many posts about the Mantra topic, I don't know if they are bots or people desperately trying to get their money back. The CEO of Mantra has been questioned before, therefore his project will also be questioned, stop speculating and risking your money in a project that does not generate solidity, it is in free fall. It will probably stay that way for a while. Don't be greedy, trade in backed currencies and take care of your money 'DYOR'. $OM
Today, the second in charge of the Fed speaks, here are some conclusions based on his speech which has already been uploaded to the Fed's website. The truth is that he was very unclear about the rates, which he mostly did not mention, being quite neutral: Here is possibly what will happen today after his speech: Today, the markets could rise if no other strong macroeconomic news appears. The tone of the speech was neutral and academic, which in this context is perceived as "positive" because it does not generate fear of restrictive measures.
If you are trading today: • BTC and ETH could have a bullish day. • S&P 500 and Nasdaq could also advance slightly. • The dollar may retreat a bit, favoring commodities like gold.
Here is your BullRun for those who yesterday could not contain their joy, we only had a pause on the road due to pure and hard speculation, nothing more! $BTC
What country are you from? I haven't received anything here, I'm from Chile
Dzadyy_Bills
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Bearish
P2P CASH CLOSURE #p2p Is Binance actually closing P2P trading? Hey guys, I just received this email from Binance...does this mean that P2P trading will be closed or is there another meaning of this 🤔
This morning I was in a long position of $SOL at 10x, the price had dropped from 144.5 to 140.5, I had to cut my position by 40%, my TP was at 151. I got careless for 5 minutes and I see the price at 160, I didn’t understand anything!
I don't know if you understand how insignificant we are that Trump says 5 words and everything shakes.
The most curious thing is that I generated a 20% profit and recovered my loss but still felt like I missed the wave... Curious how FOMO works.
Sometimes the smartest thing is to take the profit and forget about continuing, 20% is a good profit.
I see everyone happy and talking about the BullRun but do you realize that the only thing that happened was that a tweet generated this?? That same tweet can also generate the opposite effect.
Don't buy into any BullRun or deceive yourselves yet, it would be great if that happened but first let's wait a few days. I think jumping to conclusions so hastily is just something psychological that generates illusions. Be cautious and make smart and studied investments, don’t let yourself be carried away by FOMO, a good trader is one who understands that sometimes a good trade is the one that isn’t made. Take profits and enjoy your Sunday, a hug to everyone and greetings from Chile.
It should be added that if you make the conversion in spot, try not to put Market, but limit to pay less
chinaski trader
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BEGINNER TIP 12: the "SECRET" behind converting! Hello guys. I'm back with a TIP that VERY few people know about on BINANCE. 1/ Many of you use the convert function... right? 2/ Many of us think it's FREE... right? Well... it’s NOT FREE! You don’t pay any FEE, of course... BUT the conversion rate is much worse than on spot! Just compare and you will confirm it. CONCLUSION? USE the "convert" function only when the amounts are SMALL (no choice)... otherwise, it’s better on SPOT!! There you have it...KEEP GOING, LIKE & SHARE if you found this tip useful 🥳🥳 Thanks for reading! #EarnFreeCrypto2024 .
In March, 11.16 million of $SOL will be released for a value of more than 2 billion dollars, which represents approximately 2.28% of the current total supply. This could create a speculative drop due to volatility and then a bullish rebound, I would like to know your opinions and projections. #FTX
And what ranges do you expect? 175/ 172 / 168 / 165?
Mauricio4710
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Be careful, another drop is possible. I operate in shorts. The coins went up, which results in a loss. So wait and see it go high But it doesn't allow. So a drop of a few points is likely.