#Educational
What Is a Stop-Loss Order?
A stop-loss is designed to limit an investor's loss in a security position. For example, setting a stop-loss order for 10% below the price at which you bought the coin will limit your loss to 10%. Suppose you just purchased Bitcoin at $20K . Right after buying the bitcoin, you enter a stop-loss order for $18K . If the price falls below $18K , your Bitcoins will then be sold at the prevailing market price.
What Is a Stop-Loss Order?
A stop-loss is designed to limit an investor's loss in a security position. For example, setting a stop-loss order for 10% below the price at which you bought the coin will limit your loss to 10%. Suppose you just purchased Bitcoin at $20K . Right after buying the bitcoin, you enter a stop-loss order for $18K . If the price falls below $18K , your Bitcoins will then be sold at the prevailing market price.
The price performance of #Bitcoin has been historically strong, returning 35.8% over the last 7-days.
#Polkadot has now reached the trend line and according to the chart, if the price does not break the trend line and easily crosses the resistance, there is a possibility of a rally to $7.50 .
#MKR is in good shape, and if it can break out of the set range to the upside, it can be expected to rise again to the $960 resistance.
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#Solana is moving in an ascending channel towards the $26.50 resistance. As long as the channel is not broken, the price trend is still bullish.
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Bullish Flag Pattern
#BNB price now has reached the resistance of $332 - $342 , which is very important. If it can break the resistance, it will probably grow to the ceiling of the channel, which is at the price of $400.
#Cardano price has reached the trend line and is likely to be well supported to reach $0.3700 if the trend line is not broken.
54,000 #BTC flow into known crypto exchange wallets in the last 9 days
#FLOW has formed an ascending channel on the daily TF . Now, it is almost at the bottom of the channel and has dynamic support. The possibility of price growth along the dynamic support is high.
Mastercard to settle transactions for stablecoin wallet in #APAC.
The price of #STX grew very well together with Bitcoin and reached the ceiling of the ascending channel, but so far it has not been able to cross it and reached the support area of $1.090. If the support is maintained, it will probably move in that area for a while and then continue to grow.
#XRP
After breaking out of yesterday's bullish flag pattern, the price pumped to $0.493. Now, according to the chart, it is likely to make a corrective move.
After breaking out of yesterday's bullish flag pattern, the price pumped to $0.493. Now, according to the chart, it is likely to make a corrective move.
More than $1 billion of #ETH lost forever due to bugs and human error.
The price of #GTC has not yet been able to leave the downward channel. If the price can properly break the $2.500 resistance, it will likely pump well after that.