the daily degen 🦍(13oct23)
handle.fi daily trooper update
todays markets
market news
📉dow closes more than 150 points lower as inflation data reignites interest rate fears.
🤦🏼alameda research lost $190M to scams and ‘questionable’ blockchains: whistleblower.
📪ethereum has nearly cleared out validator queue, a sign of weak staking demand.
🚢uniswap wallet is coming to android to replicate the trading experience on the DEX.
🎮crypto gaming attracted $600M worth of Q3 investment despite bear market.
🚀under-the-radar altcoin LOOM soars over 260%.
crypto fear and greed index
📢trooperNotice: Trooper Incentive Pool Rewards (TIPR) 🎰
we’re starting a new initiative at handle.fi; Trooper Incentive Pool Rewards or TIPR!
🏆each week we’ll be allocating a % of perps fees, for that week, to TIPR program. to kick this off we're allocating 100% of hLP position fees to TIPR..yes thats ALL position fees!! one lucky trader will have the chance to win the entirety of hLP protocol position fees via TIPR!!..that could be you!
so how do I get involved?? each week, one lucky trader will be randomly selected from all the hLP FX trades on app.handle.fi to take home up to 100% of the available TIPR balance.
for all the details check out: https://docs.handle.fi/rewards/trader-incentive-pool-rewards-tipr
around the X-verse… (formerly the twitterverse)
wen number go up phase 🧐…
oh this is what a bull market feels like 🐂…
it’s a bull market somewhere at least 😭…
trade ideas
trade: short BTC/ USD
bitcoin has been on a bullish trajectory, trading within an upward channel for over a month. however, a few days ago, the asset broke through its support level, signaling a potential trend reversal.
in the world of trading; it's common for the price to revisit a previous support level, now turned resistance, before continuing its downward move. with this in mind, a strategically timed SELL trade at this resistance level could offer a valuable opportunity. this approach allows for a well-defined invalidation point and a tighter stop-loss, reducing risk should the price revert back into its prior upward channel.
the target for this trade idea could be the next significant support level, estimated to be around ~25,600.
#NFA #DYOR
website: handle.fi
twitter: twitter.com/handle_fi
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