Binance Square

OhhNoMore

Open Trade
High-Frequency Trader
3.2 Years
💻 Coding Wizard 💸 Trading Ninja 🔎 On- Chain Data Whishperer
13 Following
320 Followers
205 Liked
5 Shared
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Portfolio
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SYRUPUSDT
Short
Closed
PNL (USDT)
+492.94
was busy at office writing ML code and it has been since 30mins trading time with some assets popped up my algorithm!!! Not bad Not Bad $SAHARA and short swing worked well!!! Well this project looks little #BinanceHODLerSAHARA and it has more potential than $HOME $RESOLV etc I think this project looks more like MOVE or KAITO. But let's see either it is rekt or good HODLer
was busy at office writing ML code and it has been since 30mins trading time with some assets popped up my algorithm!!!

Not bad Not Bad $SAHARA and short swing worked well!!!

Well this project looks little #BinanceHODLerSAHARA and it has more potential than $HOME $RESOLV etc

I think this project looks more like MOVE or KAITO. But let's see either it is rekt or good HODLer
In just simple terms the funding rate is Positive Value: Bullish Crowd Negative Value: Bearish Crowd What does this mean? Bearish Crowd is over selling than Spot Nd at one point they have to pay fees to stable the price. This means price is going down. Now, how much price it goes down depends on the negative value. Negative does not mean price goes down but there is more selling pressure. However, price moves up when Spot and longs brings volume!!! It is essential to understand the funding rate!!!
In just simple terms the funding rate is

Positive Value: Bullish Crowd
Negative Value: Bearish Crowd

What does this mean?

Bearish Crowd is over selling than Spot Nd at one point they have to pay fees to stable the price. This means price is going down. Now, how much price it goes down depends on the negative value.

Negative does not mean price goes down but there is more selling pressure. However, price moves up when Spot and longs brings volume!!!

It is essential to understand the funding rate!!!
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Bearish
Do you believe in such $SYRUP crap!! It is clearly a Fake Out!!! RSI on 90 for last few 4h candles and low volume is clear fake out metric!!! Unfortunately, many people buy it with thinking that it makes them billionaire!! Go for Short with 3-5x leverage and you will be fine for 20% drop
Do you believe in such $SYRUP crap!! It is clearly a Fake Out!!!

RSI on 90 for last few 4h candles and low volume is clear fake out metric!!!

Unfortunately, many people buy it with thinking that it makes them billionaire!!

Go for Short with 3-5x leverage and you will be fine for 20% drop
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Bearish
📜🧾 Trading Wisdom 🧾📜 Are you sure you understand how long and short positions work on Binance? Don't just blindly open positions based on price movements! Let's break it down: Long Position: You buy at $2, and the price doubles to $4. With 100 USDT and 10x leverage, your profit would be 1000 USDT (in addition to your original 100 USDT margin). Short Position: You sell at $4, and the price drops to $2. But here's the catch: your profit would be 500 USDT, not 1000 USDT. Why the difference? If you're not aware of this asymmetry, you might be taking on more risk than you think. Make sure you understand the mechanics of long and short positions before trading with leverage! #NEWTBinanceHODLer #TradingTales
📜🧾 Trading Wisdom 🧾📜

Are you sure you understand how long and short positions work on Binance? Don't just blindly open positions based on price movements! Let's break it down:

Long Position:
You buy at $2, and the price doubles to $4. With 100 USDT and 10x leverage, your profit would be 1000 USDT (in addition to your original 100 USDT margin).

Short Position:
You sell at $4, and the price drops to $2. But here's the catch: your profit would be 500 USDT, not 1000 USDT. Why the difference?

If you're not aware of this asymmetry, you might be taking on more risk than you think. Make sure you understand the mechanics of long and short positions before trading with leverage!

#NEWTBinanceHODLer
#TradingTales
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Bearish
Nice Bite from $NEWT with Martingale Strategy. Let me know if you want signals for such Asset. Total profit so far is 100 USDC which is 20% profit. Follow me and don't miss signals!!!
Nice Bite from $NEWT with Martingale Strategy.

Let me know if you want signals for such Asset.

Total profit so far is 100 USDC which is 20% profit.

Follow me and don't miss signals!!!
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Bearish
Okay Dokie!! Shorting time on $SPK Use leverage less than 5 and good to go from here on!! Follow more for data driven #TradingSignals
Okay Dokie!! Shorting time on $SPK

Use leverage less than 5 and good to go from here on!!

Follow more for data driven #TradingSignals
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Bearish
Root cause for the most of the liquidations are not whether you picked right direction or not!! If you sit back and retrospect your lost trades, trend eventually followed your prediction or at least gave an opportunity to exit with profits!! Main reason for liquidation is High Leverages!!! You practice using less than 5 or just leverage 3, your quality of trading substantially increases #TradeNTell
Root cause for the most of the liquidations are not whether you picked right direction or not!!

If you sit back and retrospect your lost trades, trend eventually followed your prediction or at least gave an opportunity to exit with profits!!

Main reason for liquidation is High Leverages!!!

You practice using less than 5 or just leverage 3, your quality of trading substantially increases

#TradeNTell
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Bearish
IMO, the market hasn't hit rock bottom yet, so buying the dip might be premature. The recent 110k BTC ATH is likely fueled by hype that needs to be corrected, and with ongoing war tensions unresolved, more downturns are likely. If you're determined to trade for a living, consider these precautions: - Use only 10% of your portfolio - Keep leverage below 5x This strategy gives you room to average up and exit if the market recovers." Look, the situation can be exploited by whales easily and quickly than you think. If any Altcoin is raising without BTC or ETH or not project news, it is likely a FAKEOUT!!
IMO, the market hasn't hit rock bottom yet, so buying the dip might be premature. The recent 110k BTC ATH is likely fueled by hype that needs to be corrected, and with ongoing war tensions unresolved, more downturns are likely.

If you're determined to trade for a living, consider these precautions:
- Use only 10% of your portfolio
- Keep leverage below 5x

This strategy gives you room to average up and exit if the market recovers."

Look, the situation can be exploited by whales easily and quickly than you think.

If any Altcoin is raising without BTC or ETH or not project news, it is likely a FAKEOUT!!
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Bearish
Ideally, would expect 10% up from here on $ETH . This was the pattern or sentiment you call it!! But with given war situation, this can be pulled down further. Even though set up looks bullish, would not open Long Position on ETH as long-term investment. Well, Swing traders can bet between 2400- 2600
Ideally, would expect 10% up from here on $ETH . This was the pattern or sentiment you call it!!

But with given war situation, this can be pulled down further. Even though set up looks bullish, would not open Long Position on ETH as long-term investment.

Well, Swing traders can bet between 2400- 2600
You are fine as long as you are following Martingale approach in long-term trend. Martingale is just fancy word for averaging bumps and close it once it is profitable!!! works well for both Long Short positions!!
You are fine as long as you are following Martingale approach in long-term trend.

Martingale is just fancy word for averaging bumps and close it once it is profitable!!!

works well for both Long Short positions!!
My algorithms started showing that $ETH is doing lot many fakeouts like Alt coin and bought the dip!!! and set SL also. Of course,it will come down again as bearish trend continues. I am just swinging around!!!
My algorithms started showing that $ETH is doing lot many fakeouts like Alt coin and bought the dip!!! and set SL also.

Of course,it will come down again as bearish trend continues. I am just swinging around!!!
Not Bad Not Bad. Was bored and bought the wick on $SYRUP Whooping *** profit!!!
Not Bad Not Bad. Was bored and bought the wick on $SYRUP

Whooping *** profit!!!
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Bearish
Amidst of war dump, $ETH does not look so bad!!! But I would not go for Long position too aggressively!!! Situation favours Short Position but if you want to buy the dip either use Spot or use low leverage!! #IsraelIranConflict
Amidst of war dump, $ETH does not look so bad!!!

But I would not go for Long position too aggressively!!! Situation favours Short Position but if you want to buy the dip either use Spot or use low leverage!!

#IsraelIranConflict
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Bearish
Do you even know something called Funding Rate in perp contracts??? If not, and opening Short/Long contract blindly leads you to disappointment, first please learn and check that properly!!! Doing so, you not only save lots hefty penalties but also play according to the trend!! Funding rate defines your position significantly!! Thank Me Later or Follow me to know Between Lines what others won't even know or tell you!! For example, I Shorted $SPK with 100 20x and I was getting profit about 60 usdc but nearing Funding Rate of -1.9%. If I hold the trade, had to pay 40 usdc as a fee. Now tell me what would you do??? Of course, exit is matured solution isn't it!!!
Do you even know something called Funding Rate in perp contracts???

If not, and opening Short/Long contract blindly leads you to disappointment, first please learn and check that properly!!!

Doing so, you not only save lots hefty penalties but also play according to the trend!!

Funding rate defines your position significantly!!

Thank Me Later or Follow me to know Between Lines what others won't even know or tell you!!

For example, I Shorted $SPK with 100 20x and I was getting profit about 60 usdc but nearing Funding Rate of -1.9%. If I hold the trade, had to pay 40 usdc as a fee.

Now tell me what would you do??? Of course, exit is matured solution isn't it!!!
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Bearish
Don't blindly follow influencers' support/resistance levels! There's a key difference between: Congestion (price hovering around a level, hitting it often in short time) --> for swing traders Recurrence (price returning to a level from different trends/market phases) --> for long-term investors Example: Analyzing $AAVE , I see $270 as support and $295 as resistance (congestion level for swing traders). But for long-term investors, support might be 50-80 (recurrence level). And let's be real, if you're holding long-term shorts, this asset is OVERBOUGHT and could drop 50% easily! Understand who you're following and what kind of trade you're in! 🤓 Happy to share knowledge and real signals based on data, not hype! #tradingtips #crypto #datadriven
Don't blindly follow influencers' support/resistance levels! There's a key difference between:

Congestion (price hovering around a level, hitting it often in short time) --> for swing traders

Recurrence (price returning to a level from different trends/market phases) --> for long-term investors

Example: Analyzing $AAVE , I see $270 as support and $295 as resistance (congestion level for swing traders).

But for long-term investors, support might be 50-80 (recurrence level). And let's be real, if you're holding long-term shorts, this asset is OVERBOUGHT and could drop 50% easily!

Understand who you're following and what kind of trade you're in! 🤓 Happy to share knowledge and real signals based on data, not hype!

#tradingtips
#crypto
#datadriven
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Bearish
I was checking that the $AAVE Charts shows bullish pattern BUT data shows wild speculation!!!! you know what on chain liquidation data shows 93% of defi liquidation was held by one big wallet wtf and he removed the liquidation!! which means one big whale removal of 93% liquidation traps so many other investors and stop selling!!! Well, either he wanted to stop sell pressure and wants to take it new ATH or ready for another biiig Crash!! interesting to observe AAVE!!!
I was checking that the $AAVE Charts shows bullish pattern

BUT data shows wild speculation!!!!

you know what on chain liquidation data shows 93% of defi liquidation was held by one big wallet wtf and he removed the liquidation!!

which means one big whale removal of 93% liquidation traps so many other investors and stop selling!!!

Well, either he wanted to stop sell pressure and wants to take it new ATH or ready for another biiig Crash!!

interesting to observe AAVE!!!
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Bearish
$SYRUP Keep your Short Positions between 0.63 - 0.68 and you will get a 10% drop easily!!! But wait for the reach!!! Don't use leverage more than 5x!!! Follow me more for such #TradingSignals
$SYRUP Keep your Short Positions between 0.63 - 0.68 and you will get a 10% drop easily!!!

But wait for the reach!!!

Don't use leverage more than 5x!!!

Follow me more for such #TradingSignals
$ETH data started showing early bearish signals. Candles are struggling to close above MA 7, Volume is decreasing(Sideways), recent from Trump and Israel.... Next couple of days are crucial which correct or reverse the trend!! if it doesn't improve in 2 days and not closing with clean bullish candles, time to move away from high leverage futures and stick DCA or keep tight SL around 2250 if you are long or tight SL around 2900 if you are shorting. personally prefer watching market closely than aggressive trading!!! Look you can see another bullish fake out but doesn't mean eth is bullish. you have to wait or more confirmations #MarketRebound #IsraelIranConflict
$ETH data started showing early bearish signals. Candles are struggling to close above MA 7, Volume is decreasing(Sideways), recent from Trump and Israel....

Next couple of days are crucial which correct or reverse the trend!! if it doesn't improve in 2 days and not closing with clean bullish candles, time to move away from high leverage futures and stick DCA or keep tight SL around 2250 if you are long or tight SL around 2900 if you are shorting.

personally prefer watching market closely than aggressive trading!!!

Look you can see another bullish fake out but doesn't mean eth is bullish. you have to wait or more confirmations

#MarketRebound
#IsraelIranConflict
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Bearish
Binance is not supporting Futures trading at Germany. So, had to use Kraken for this as moved here recently!!! kraken UX sucks and Binance is having very very rich user experience!!! coming back to $UNI see slight bullish bumps but volume and MACD is not really supporting upwards trend yet. you can expect sideways a bit, slight bullish bumps but it will drop from 7.5 to 6.8 again!! Best Of luck!!! #IsraelIranConflict
Binance is not supporting Futures trading at Germany. So, had to use Kraken for this as moved here recently!!!

kraken UX sucks and Binance is having very very rich user experience!!!

coming back to $UNI see slight bullish bumps but volume and MACD is not really supporting upwards trend yet.

you can expect sideways a bit, slight bullish bumps but it will drop from 7.5 to 6.8 again!!

Best Of luck!!!

#IsraelIranConflict
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