Post
abuabdallah1978
·
--
Hello everyone
🛑 Warning regarding coin $VELVET
The coin’s movement will be violent in both directions due to liquidation zones. The higher the price rises, the more movement it will have because short traders at #SHORT📉 are being liquidated. Every liquidation counts as buying the coin, which increases the price. The same applies to long positions #LONG✅ —whenever the price drops, the movement increases. So be cautious about that.
To consider entering a short position #SHORT📉 , you must wait until the liquidation of the extended positions completes at a price of $2. I don’t think the coin will exceed that. After that, there will be a violent drop to liquidate the long positions #LONG✅ . During that time, the movement will be fast and sudden.
🛑 Be careful 🛑
This is a heatmap image showing the liquidation points
#BTC☀
🛑 Warning regarding coin $VELVET
The coin’s movement will be violent in both directions due to liquidation zones. The higher the price rises, the more movement it will have because short traders at #SHORT📉 are being liquidated. Every liquidation counts as buying the coin, which increases the price. The same applies to long positions #LONG✅ —whenever the price drops, the movement increases. So be cautious about that.
To consider entering a short position #SHORT📉 , you must wait until the liquidation of the extended positions completes at a price of $2. I don’t think the coin will exceed that. After that, there will be a violent drop to liquidate the long positions #LONG✅ . During that time, the movement will be fast and sudden.
🛑 Be careful 🛑
This is a heatmap image showing the liquidation points
#BTC☀
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.