Previously warned about, trading will be suspended on 2/5/2025
Derar-Hadri
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Bearish
🚨 Warning Check: ALPACA Collapses After Liquidity Trap!
The currency we warned about this morning did not disappoint… After a rocket-like rise to $1.27, ALPACA collapsed to $0.60 in less than 4 hours!
What happened? • Intense entry into Short positions after the delisting news. • Quick pumping from whales to create a false peak. • Massive liquidations due to high leverage. • Now… the price is plummeting and the victims are many.
The lesson? Do not trust sudden movements in delisted currencies. Understand the context… do not chase peaks!
May God grant you success and happiness in this life and the hereafter
ياسـر
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Good evening of happiness .. These days I am very busy at work so my presence will be limited But I am continuously following the market, anything new I will write about here .. I apologize .. and good luck to everyone ..
Come, let me explain to you the meaning of "Resistance" and "Support"
Imagine that the price of a currency is like an elevator moving within a building:
1. Resistance = the ceiling Every time the elevator goes up to a certain floor (high price), it finds the door closed and cannot go further up, so it goes back down. This means: the price tried to go higher, but faced "Resistance" and came back down.
2. Support = the ground And when the elevator goes down, it reaches a certain floor (low price), it finds the ground strong, stopping it from descending, and it starts to go up again. This means: the price dropped, but found "Support" and rose again.
Why is it important for me to know them?
If you want to buy: buy at support (low price).
And if you want to sell: sell at resistance (high price).
And if the price breaks support or resistance? We might see strong movement (big rise or strong drop).