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CRYPTO MECHANIC
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One of the most important subjects in trading is knowing when to take action and when not to take action.
In times like these doing nothing could be a big W.
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CRYPTO MECHANIC
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What makes you a profitable trader? The right way to use charts ( Not only the charts) Accepting that your analysis was wrong Managing your risk Emotional control Market Psychology When it's the right time to trade and when its not. Trading is not that easy as you have been told by some fake Gurus who only teach you how to HOLD STRONG.
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$JUP Going down since it broke under that major zone. Still no strength in it.
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Ever wonder everyone is watching the same charts, Drawing same lines but still losing money?
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$BERA Getting rejected from that daily zone.
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You may want to know why $BNB , $CAKE and $BNX tokens are going up while the rest of the market is just ranging. BNB chain is heating up traders are now rushing to trade memecoins on BNB chain. We all know people are much more interested in trading on memecoins than the utility tokens. But how is this making these tokens go up? Well let me explain how. To trade memecoins Traders need BNB to buy whatever memecoins they're buying if they're not using BNB to buy they still need BNB to pay the gas fee. Just like solana was going up when people were trading sol memecoins. Cake is going up because cakeswap is the most used SWAP on BNB chain. Just like Raydium is the most used swap on solana and Ray was going up. What BNX have to do with it? BNB chain meme coins are l quickly launched on Four.meme platform and BNX owns it. BinaryX has rebranded to Four and now updating its token symbol from BNX to FORM. Why are they changing it to form but not FOUR? The decision to change the token symbol from BNX to $FORM was influenced by the widespread use of the FOUR symbol across various projects,This could leadto potential confusion within the community. I hope this helps.
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