What is Funding Rates?
Funding rates refer to the Periodic payments to traders that are long or short based on the difference between perpetual contract markets and spot prices.
Well, few traders use this data to measure the market sentiment as this difference increases to a much larger extent means the market is not super greedy in nature and you want whales will easily manipulate the market in their favor to cut off those positions.
These data may vary for different exchanges but usually, there are many websites that offer comprehensive data for crypto trading and are much more reliable than others.
In-short, Positive funding rates indicate that long position traders are dominant and are willing to pay funding to short traders and Negative funding rates indicate that short position traders are dominant and are willing to pay long traders.
Funding rates refer to the Periodic payments to traders that are long or short based on the difference between perpetual contract markets and spot prices.
Well, few traders use this data to measure the market sentiment as this difference increases to a much larger extent means the market is not super greedy in nature and you want whales will easily manipulate the market in their favor to cut off those positions.
These data may vary for different exchanges but usually, there are many websites that offer comprehensive data for crypto trading and are much more reliable than others.
In-short, Positive funding rates indicate that long position traders are dominant and are willing to pay funding to short traders and Negative funding rates indicate that short position traders are dominant and are willing to pay long traders.
Trading Crypto Guide ™
#BTC.D is broken its previous swing high and now potentially it can move higher till 48%. Already told you to use tight stops now. Yesterday, alts gave a quick dump and recovery as #BTC rallies again to its previous highs. Alts will not rally unless #BTC.D…
Trading Crypto Guide ™
#DOT barely hits below $39 and moved up. Now price again coming down to and can retest back to support. You can start building your position between $38 - $40. #DOT is a very good coin for the long term and some massive moves are expected till the year-end.
Trading Crypto Guide ™
#ETH still struggling between these zone, just moving back and forth now. Price breaking structure indicating more correction in short term. In this case price can again test back to the major support zone $3576 - $3636.
#ETH moved back to the major resistance zone, price barely taps it. Now, #ETH facing congestion in price on 4H. In the short term, price can dip below $3800 but overall this might gonna move sideways unless it breaks either side.
On 1H, the price moves up with the supporting trendline. If prices break below the trendline then we may see price #ETH dipping till the major support zone around $3600.
On 1H, the price moves up with the supporting trendline. If prices break below the trendline then we may see price #ETH dipping till the major support zone around $3600.
Trading Crypto Guide ™
Price just took a very minor correction and break the highs. Now, #BTC entered the ATH zone and a decision point where the price can react but not much. Wait for the break of the zone/ ATH to kick in FOMO in the market. There's also a probability that alts…
#BTC broke the ATH level massively to the upside.🚀🚀 Now it's time for a confirmation to wait for the daily candle closing the previous ATH. Congratulations to those who hodl this long 💪.
Trading Crypto Guide ™
Which Coin Analysis You Want?
Here's the analysis of #TRX :
#TRX is in a range for 2 weeks now price trying to break the major resistance zone of $0.102 - $0.105, which will break the range too. The daily candle closing above the zone is bullish. Not buy calls on #TRX now. Wait for the price to break the resistance zone and turn it into support. Alternatively, if the price dips from here $0.922 is a good area to start buying.
#TRX is in a range for 2 weeks now price trying to break the major resistance zone of $0.102 - $0.105, which will break the range too. The daily candle closing above the zone is bullish. Not buy calls on #TRX now. Wait for the price to break the resistance zone and turn it into support. Alternatively, if the price dips from here $0.922 is a good area to start buying.
Trading Crypto Guide ™
Price just took a very minor correction and break the highs. Now, #BTC entered the ATH zone and a decision point where the price can react but not much. Wait for the break of the zone/ ATH to kick in FOMO in the market. There's also a probability that alts…
So, #Bitcoin breaks its All-Time High. Price also gives a daily close above candle too, which is bullish. Now, #BTC is retesting it as a support zone. If the price break below this around $62,500 is the next decent support zone. We can more up-move in coming days. The next target is $70,000 and above.
This graph refers to the BTC funding rate in all exchanges. It's been positive from the start of the month till now, which making the whole market bullish. Last ATH, funding rates are pretty huge but comparing with current senerio, funding rates still have a room to play. But still we recommend people stops in trades as market will be aggressive and volatile too.
Trading Crypto Guide ™
#DOT dips till Around $40 and moved up. Price have a decent profit of 5% now. Still, #DOT can dips below $40, because price is creating Liqudity below it where it can taps. $38.22 - $39.42 is the major support zone, were most likely it gonna bounce.
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5H 30Min. left | Andromeda Pump Signal🔥
Market is currently following the bullish trend which is the perfect opportunity for our community to make maximum gains today with the upcoming Andromeda PUMP Signal🔥
BTC already trading at new All time high with the odds in our favour this will be our best chance for maximum gains 💚
This pump will be backed by whales and we'll make sure that it lasts long enough so everyone can benefit from it.
Traders from all over the world will be watching and participating in this pump, make sure you do not miss it out!
If you plan to use your whole balance you can buy using 50% of your balance on market price and use your remaining balance to place buy orders.
We guarantee that there will be no pre-pump or pre-buying. We are expecting 450%+ profit from the Andromeda PUMP Signal and invite everyone to join us.
This Andromeda PUMP will be one of our biggest pump and possibly our best pump till date!
Date : Today | October 21
Time : 16:00 pm GMT
Exchange : Binance
Pair : Coin/BTC
Advantage : Free for all
5H 30Min. left | Andromeda Pump Signal🔥
Trading Crypto Guide ™ pinned «Guys are you ready for some juicy profits? 🤑 Market is currently following the bullish trend which is the perfect opportunity for our community to make maximum gains today with the upcoming Andromeda PUMP Signal🔥 BTC already trading at new All time high…»
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Read pinned post | Stay tuned.
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