Currency *CHECK* on Binance Alpha
*CHECK currency: Crazy rise then strong correction*
CHECK is a new currency that appeared on Binance Alpha and saw a crazy rise yesterday before retracting about a third today
*Quick information about CHECK*
- *Platform* Binance Alpha
- *Movement* Strong rise yesterday then correction today of around 33%
- *Liquidity* Active trading over the past 24 hours
- *The risk* is very high because it is a new coin and its volatility is sharp.
*Why is it moving quickly*
Binance Alpha coins are usually in an early stage before the official listing, moving strongly with speculation and news, then correcting quickly after profit-taking.
*Tips if you are trading CHECK*
Monitor liquidity and volume before entering.
Use a stop loss of 10% to 15% because the drop is fast.
Do not invest a large amount; new projects carry high risks.
Buying after a correction could be an opportunity, but wait for a confirmation of a rebound.
*Important notice*
CHECK like other Alpha coins = violent volatility, you could earn 50% in an hour and you could lose a third like what happened today.
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From
It likes to follow the movement CHECK.
It has started to rise now, will its rise be like
Yesterday
Follow me.
Yesterday, it rose about five times.
It reached a record level yesterday.
Follow me shortly.
I will publish more details about the coin and its rise.
Join me and trade this coin.
It is on its way up.
Notice that I bought it yesterday before the rise by about
0.028$USDC
It rose last night to about
0.050$USDC
or more, then it returned to about
0.035$USDC
It is rising now and has nearly reached
0.045