the daily degen 🦍(20oct23)
handle.fi daily trooper update
todays markets
market news
📉dow closes 250 points lower as 10-year treasury yield nears 5%.
🏆SEC drops charges against ripple CEO garlinghouse, chairman larsen.
⭕circle launches web3 development platform for web2 developers.
🧑🏼💻new crypto developers are leaving too soon: electric capital.
🥸chainalysis says some reports might be overestimating crypto's role in terrorist financing.
crypto fear and greed index
trooperGlossary: volatility index (VIX) 📚
the VIX, often referred to as the 'fear index', is a real-time market index representing the market's expectation of volatility over the next 30 days.
originating from the chicago board options exchange (CBOE), the VIX gauges investor sentiment and market risk by measuring the implied volatility of S&P 500 index options. when the VIX value rises, it indicates that traders anticipate increased market volatility, often accompanied by bearish sentiment. conversely, a falling VIX suggests expectations of decreased volatility, reflecting a more bullish market outlook. by tracking the VIX, investors can gain insight into the market's mood, helping them make informed decisions in turbulent times.
around the X-verse… (formerly the twitterverse)
boom! take that SEC💥…
no drug will help you ser🔒…
HODL team is strong 💪🏼…
trade ideas
trade: short USD/ CNY
in 2023, the dollar has exhibited a consistent upward trajectory against the yuan.
recently, the price appears to have consolidated around the ~7.3 mark and has faced challenges surpassing the resistance at approximately ~7.35. currently, it seems poised for its third breakout attempt. if it fails to exceed this level, it might present an opportune moment to consider initiating a SHORT trade. the prospective target for such a trade would be the support level situated around ~7.12. it could be beneficial to place a stop-loss at ~7.4, positioned just above previous peaks.
#NFA #DYOR
website: handle.fi
twitter: twitter.com/handle_fi
discord: discord.com/invite/nbSdYCDGhh