good morning everybody welcome back to selinux crypto or bro doing great and welcome to this new video on render I wanted to do a quick update on that after I I forgot about it yesterday to be honest but it also wasn't moving that much at least not that much um unexpectedly we had some bullish momentum yesterday after all but apart from that not a lot happens but in this video I wanted to do a full update on that mainly technically uh there's fundamentally not a lot to to to to talk about I mean obviously the fundamentals in the market are important but they are also already included in the analysis it determines my bias and I check it out every day like right now we are we are fairly bearish so I'm taking it into account in the analysis but um before we dive into render specifically if you want to receive daily trading signals from me check out the links down in the description or in the pinned comments and there you will find instructions on how to join but now onto render so render itself I mean we talked about this earlier but we really did start some sort of bearish momentum right we've been making lower highs since basically the 26th of May so for the last five days or something and um and now it's it's a question whether this is a bullish flag or whether this is actually the start of more bearish momentum and of some sort of a crash because both are very much possible at this point in time in my eyes it all depends on on two points on this level right here I always say 2.5 but technically it's like 2.47 that's the main level that's the last level holding us up I think it's somewhat of a bullish indicator that we are holding on fairly well right now even though Bitcoin is fairly bearish all right so I think that's a little bit of a bullish indication but apart from that I mean it's still the situation for render itself is not ideal we've already dropped down to the 2.47 level once so we're not going to get all of the bullish momentum out of that which it has potential to if you know what I mean I mean we already hit that so there's some sort of some sort of momentum that we could get from that level is already out of it so personally I would actually say at this point of time given also the situation in the market that it's more likely to get some sort of a bearish breakout and a retest off of 2.47 and 2.5 and that will drop down to at least 2.2 and 2.25 which is our next level now in the end you cannot underestimate render we might as well Rally from that level so that's my first price Target but at this point in time I do think that is the most likely scenario that will still have some some bearish momentum even when we drop down to that level if you zoom out enough we're still technically bullish so I wouldn't be too worried about about us dropping down there yet and apart from that I mean it also hasn't happened yet even though I think it's the most likely scenario I mean who am I I can always uh I I can always be wrong of course and it's um It's All About That level if we can hold 2.47 which like I said I don't think we will but it's a possibility but if we can if if we can hold that and we actually get some bullish momentum for example from Bitcoin as well and we can break above 2.65 and 2.7 then where all of a sudden we're super bullish again right so being bullish again with render is only one bullish breakout away because like I said this could also just be a bearish flag right so or a bullish flag excuse me like if you if you take a look at this then it does make a little bit of sense we got a rally then we get a bullish flag which is basically a little bit of bearish momentum in in an uptrend and then we continue the bullish momentum after a little bit of a bearish flag that's a possibility that could also still be a possibility if we drop down to 2.2 and 2.25 but like I said I'll I'll try to keep you updated on render a little bit better now for now this is my take this is my update so if you do have any questions then as always let me know but for now thanks for watching take care and bye

What's up everybody welcome back to salinix crypto and welcome to this video this is a video for my educational playlist um so yeah in this video we'll talk about going long and going short um a lot of people still have questions about this people who join the signal group for exampleUm so I just wanted to make a quick video on explaining what it is because going long or going short is practically just buying or selling a token or it's uh you could compare it more with like saying that the price will go up which is going longOr buying as I said or saying that the price will drop down like it is short so I'll actually show it to you but first a quick explanation of what it actually means um they are derivatives on most exchanges you can find it under derivatives that is because you buy a contractDerived from a specific crypto all right so you can trade derivatives on bitcoin for example if you then go long you buy the contract to buy if that makes any sense so if you go long at for example 21 000 then you buy the contract thatYou are allowed to buy at 21 000 so if the price goes up you're in profit because you can buy at a lower price if you're selling shorts you buy a contract to sell at a certain price so for example with Bitcoin you buy aYou go short from 22 500 the price drops down you're in profit because you are still allowed to sell from a higher place that's basically what it is right you're buying contracts which are derived so derivatives from a specific crypto so if we actually see that in inI'm taking a look at binance because I know that's it's the biggest exchange but I use buy bit to trade there's a link down in the description if you want to sign up um right now I wanted to show you I mean it looks very intimidating at first butTo be honest there are a lot of things which you don't need to take a look at um usually if you go long or short you also use leverage so that you can trade with more money than that you actually have by putting up collateral so thenYou can also get liquidated if the price drops down too much and you're for example trading with a 10x Leverage so that means that for example if you have 100 you're allowed to trade with one thousand dollars but if the trades then goes the wrong way and you're down100 and you're down like 10 in that trade then you get liquidated and you use your whole 100 so it's risky I'm not saying you should do that but usually that's also what you have while trading um while trading short or long you also trade with leverage a lot of the timesYou don't have to here you can see it up here for most exchanges it's the same um but you can also just put the leverage at 1X then you just trade with the money you have um but all right so the first thing you do just here you have a lot of PerpetualAnd then you have Futures all kind of things just stick with USD Perpetual Perpetual you're basically training Futures which means that you buy a contract and at a certain point it gets the contract is over and then you're either in profit or in losses that's how it works with stocks with crypto youTrade perpetuals and then the the Futures just go on and on so basically you're just trading with no limit all right so Perpetual is just a technical term and usdt is if you use leverage that's why I wanted to explain it than if you trade USD perpetuals you'reTrading Futures with no end dates where you put up collateral in usdt so basically you trade in usdt like Bitcoin versus uoct then you buy in usdt and if you use leverage you also put up collateral in usct and if you have any questions I want to make sure that youAsk them down in the comments now make sure to answer them as soon as possible um but all right so you just want to stick with UCT perpetual and then for example if you go to bitcoin usdt if you want to open a long order you can alsoSee it here buy long or sell short which you basically do you use a limit order for the price where you want to enter for example I want to buy at 22 000 so that basically means that it's a limit order so when the price hits that level 22 000 thenYou then you then the contract goes into um is activated and that allows you to buy from 22 000. if it hits that price you cannot say it right now I mean you would be in profit instantly right so if it hits that price then you theContract is open and you're allowed to buy from 22 000 or you have to buy from 22 000 to be honest because if the price drops down you have to buy at a higher price than what the normal price is so you're in a lossYou say how much you want to trade I don't have any money in here but you say how much you want to trade and and it's open and I would advise you to use a take profit and a stop loss so take profit is basically it'sBasically a level where you want to take your profits so that's in a long that's higher than the entry of course and a stop loss so for example 21 500 that's the level where you take your losses which you should always have with correct risk managementAnd the same goes for for shorting and then for example you would say 23 000 and then if the price hits that level you are allowed to sell it at that level so if the price drops down you are in profit and take profit stop loss works the same way check Barefoot levelIs the level where you take profits automatically stop loss is the level where you are stopped out and you have a loss automatically but it also prevents you from losing even more so that's a quick guide on how to go along how to go short it's a difficult story altogetherTo to explain to you so if you have any questions let me know but for now thank you for watching take care and bye