$AXL has caught my attention for all the wrong reasons.
From what I'm seeing, the higher timeframe structure has already lost its descending triangle support.
To me, that's a sign that bearish momentum is beginning to take over.
The chart doesn't look convincing for buyers at the moment, and any weak bounce could simply attract more selling.
I'm not rushing into conclusions, but I do think there's room for another leg down if this weakness continues.
For now, $AXL stays on my watchlist. I w...
Let me explain why most people lost, but we won on $ON and $COTI
Look at $COTI . It dropped 50%, but we bought it with our community and we’re still holding. There are many reasons for it, but the main one is that we saw open interest increase by nearly 1000%, while the price had only moved up 70–80%. That’s why we bought and held, while most people were shorting.
On the other hand, when everyone was longing
ON, we saw that the candle looked very weak, so we opened shorts instead. Last nigh...
Binance EUL Trading Tournament: Share Up to 200,000 $EUL Token Vouchers
If you are already planning to trade on Binance Spot, this campaign may be worth checking out.
Binance has launched the Euler ($EUL) Trading Tournament, giving eligible users the opportunity to share a prize pool of up to 200,000 $EUL token vouchers.
Key highlights:
• Total rewards: Up to 200,000 $EUL in token vouchers.
• Campaign type: Spot Trading Tournament.
• Rewards are shared among eligible participants, subject to ...