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Technical analysis by hmmmmmmmmh about Symbol TRB on 9/27/2023

https://sahmeto.com/message/3357514
hmmmmmmmmh
hmmmmmmmmh
Rank: 16016
1.5
،Technical،hmmmmmmmmh

In the world of crypto trading, time is a precious commodity that can wield a double-edged sword. It can either enact profitable victories or trigger crushing defeats. This is particularly poignant for TRBUSDT.P which has grown by a staggering 250% over the last 24 days. 50% in the recent 30 hours.But TRBUSDT.P is now a gambling game, and is not recommended for trader with healthy risk management.Here is some reasons why :- price gaps created between spot and futures- Binance charges a stunning 2 to 2.5% funding fee every 8 hours.- long and MM's infinity bullets provided by exchanges funding fees, 7% every day by controlling almost 40% of the equity. means apex will never end if either long army or MM pyramid their orders.- every time the funding fee is charged, could lead to a big fall, because the fee gap attracts outside traders came for the funding fee hour hold 5 seconds, and release. but you will never know which one is the one.- is not price action control the movement anymore- short army not killed by long army, they get killed by the times.- abnormal growth,(no retracement ,pure apexing pump,is not even a bull market).- leaves no normal structure trails, like engulfing candles.- you don't know when the pump is going to end, because there's no TA fit the current situation. makes both sides gamblers.- every long is now risky trade, and short for liquidation nightmaredo you think my analysis is correct? if not, and you are still holding or just opened a short position -- i dare you to take a nap:)sorry for my small-minded opinion, the price action doesn't make any sense be cause i was looking 1h and 4h.but in a weekly chart. i see something that is unthinkable no way ... no way..... but only one resistance away ...new insight follow this thread idea:

Translated from: English
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Signal Type: Neutral
Time Frame:
1 hour
Price at Publish Time:
$48.14
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