.@cz_binance has written a new article about $LUNA & $UST.
He shares his views on the situation and reflects on the lessons, spillover effects, systematic risks & more👇
binance.com/en/blog/leader…
#Crypto Education - If you been wondering the hack is stablecoins or if you have invested in #UST or #Luna#Terra blindly...it is time to get educated.
Folks at #Bitmex gives a good overview of stablecoin market.
Grab a coffee & Check out link below.
📈 blog.bitmex.com/luna-brothers-…
I am praying to the market gods for a bounce so we can all start being nice to each other. So much salt in replies and people arguing, calling each other idiots.
$BTC
As a $LUNA $UST investor myself, deep learning lessons.
Obviously, concept of #crypto stablecoins dont work.
It is not meant to withstand extreme market shocks.
There is no real safety in stablecoins.
#Terra is becoming a high level sophisticated rugpull.
But have you ever considered just how many opportunities have been missed, how many adventures forfeited, how many great relationships not fostered, how many friendship ties not forged, how many valuable lessons not learnt, how many lives not changed, ...
how many transformations not made, how much time wasted, how much tears shed, how much frustration endured - all because we chose to stay in our cozy little "comfort zone"?
For goodness' sake, step out today and make your life count!
- CryptainX
#MotivationalQuotes
*Xtraordinary Quote of the Day*
We're all creatures of comfort. And once we get comfortable, we don't like to move.
And we become risk averse.
We stop taking risks. We don't try new things. We quit taking new challenges. We even stop learning.
We simply stay put.
Blessed Resurrection Sunday to all my fellow Brothers & Sisters in Christ!
May the life and Shalom peace of our Lord Jesus so fill your hearts this day that you'll burst singing "Hallelujah, to God be the glory for the great things He's done!"
<Spontaneous Combustion of Thoughts>
Life is essentially a moving experience.
It stops only when your heart stops moving.
Meanwhile make your best moves when it's still moving.
Let's move on and never look back.
- CryptainX
ETH, H4: BUSTED RISING WEDGE
Apparently ETH did not get the memo on the steep rise in fuel cost ...
Just blasted through the atmosphere and into stratosphere after experiencing the Magnetic Pull.
Next Target: Heaven.
#ETH#breakout#chartpattern#harmonicpattern#trading101
NEAR, H4: TREND CONTINUATION
Long Entry@13.4445
SL: 12.30
T1: 16.30 (50%)
T2: 20.00 (50%)
After the breakout of the Ascending Triangle, the Trend still looks strong.
Expect prices to head higher from here after a pullback and bounce.
#harmonicpattern#chartpattern#NEAR
Xtraordinary Quote of the Day
There's only one thing that stands in the way of what a man really wants in life.
And that is his faith and his accompanying actions.
The faith to believe that it is possible and to actively reach out for it.
*TRADING TIME FRAMES*
Time to talk about S.E.X.
As you discover what kind of Trader you want to be which typically depends on your lifestyle and daily commitments - Position, Swing, Day or Scalper Trader - think *S.E.X.*:
Assess the Trend as indicated by the Daily chart and trade in the direction of the Trend (but that's not to say you cannot countertrend trade which is a subject for another time.)
FTM, H4: TREND CONTINUATION
Here's the latest Achievement Milestones of FTM:
▪️Broke out of Inverse Head & Shoulders: ✔️
▪️Broke out of Ascending Triangle ✔️
▪️Broke out of Pennant aka SymT ✔️
So can we Continue the Trend now?😎
#FTM#HeadandShoulders#breakout#trading101