DOCK- IN-DEPTH ANALYSIS
DOCK BUY/SELL ZONES
PRESENT SCENARIO=
BUY ZONE 1= $0.07090-$0.06515 TARGET ZONE 1= $0.10652-$0.11333
BUY ZONE 2= $0.04095-$0.04070 TARGET ZONE 2= $0.12433-$0.12916
BUY ZONE 3= $0.03125-$0.03104 TARGET ZONE 3= $0.17822-$0.18200
BUY ZONE 4= $0.00273-$0.00223 TARGET ZONE 4= INFINITY
GOLDEN RESISTANCE ZONE = $0.12433-$0.12916
GOLDEN SUPPORT ZONE = $0.07090-$0.06515
VALUE AREA (for SCALPING) =
MONTHLY VAH = $0.08702
MONTHLY VAL = $0.08106
WEEKLY VAH = $0.0985
WEEKLY VAL = $0.08724
GOLDEN MOVING AVERAGE AT = $0.08483
DAILY GOLDEN MOVING AVERAGE AT = $0.08686
MONTHLY GOLDEN ZONE (at present) = $0.10129-$0.10241
WEEKLY GOLDEN ZONE (at present) = $0.08735-$0.08784
Binancesignal
BNBAUD Will Break Hearts💔💔💔💔💔💔BNBAUD will see a huge drop from ATH 900+AUDto 680AUD.
The token/currency pair have been trading in a bullish structure, unfortunately this structure was broken with BTC drop few days back. Now we will see continuation of this bearish move for some time.
Price action can invalidate this move until then, we have assume the worst.
Our OB level have been retested, so it makes sense to short the pair until we see a significant presence of buyers before we exit.
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BTC to hit 40k if these conditions are metPrice may hit 40k region if support gets broken at 44k-43k region.
Hitting a HIGH of 50600 in the month of August to me was a retest on the LOW formed on the 25th of April, 2021 unless otherwise, it turns around.
That notwithstanding, price will continue its upward move to hit the fair value gap created around 51.5k-52.8k and then we will see what will happen.
For now, keep watch of the market and trade with caution. Minimize your risk by waiting for clear signals in this mixed market.
RUNEUSDT Look Bearish!RUNEUSDT Technical analysis Update
RUNE/USDT currently trading at $7.00
Triangle Formation
Short level: Below $6.93
Stop loss: $7.38
TP1: $6.74
TP2: $6.61
TP3: $6.41
TP4: $6.10
Max Leverage 3x
Always keep Stop loss
Note: please do your own research before investing. Never invest money that you can't afford to lose.
🚧 Binance is going to burn $1 billion 🔥🔥Binance coin will conduct a coin burn in the coming days, and from a fundamental point of view, this is pretty good news, as demand increases as supply decreases.
Let's take a look at how the price has historically reacted to this process.
Statistically, after burnout, the price falls more often than it rises. 10 out of 13 burnout cases ended up with an average price drop of 15%, and only in 4 cases did the price rise.
This time is likely to be no exception, and the price will also react to this burnout.
This proves once again that news does not always have a positive effect on price movement, and the first thing to do is to work on the trend and understand the price dynamics. Only knowledge will help you do that, and Biko Academy will help you with the knowledge.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
BnbUsd- sell rallies is my strategyAfter confirming 200-220 zone as very strong support, Binance coin hast started to rise.
However, the rise is corrective in nature and I expect a drop soon.
350 could be a good place for sellers with a target near support and a stop loss above 400
Binance - how much could the price drop❓❓ All altcoins as well as Binance have corrected after yesterday's fall in Bitcoin. Bnb broke the trend line that has been building since June 22 and is now consolidating. It is now difficult to say where the price will go, as bitcoin is still in global consolidation and with it all altcoins. Potentially, if the price comes back and tests the trend line as resistance, with volumes rising, you could try to open a trade with targets lower.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Binance could fall if that happens!😮After the recent strong move of BNB, volatility decreased and now the market is gaining momentum for the next strong move.
Currently, we can see on the Binance chart that the price is slowly moving towards the value zone along its local trend line. If we reach the value zone and during the test we see an increase in volumes, it could be a signal that the price has gained liquidity to sell and could go to the marked lower zone, and only then could be the right time to enter the position!
Write in the comments all your questions and instrument analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
BNB Buy the dip.BNBUSDT - Intraday - We look to Buy at 341.1 (stop at 324.8)
Daily signals are mildly bearish.
Bespoke support is located at 340.0.
Dips continue to attract buyers.
We look to buy dips.
Our profit targets will be 388.8 and 398.8
Resistance: 380.0 / 390.0 / 400.0
Support: 340.0 / 330.0 / 320.0
BNBUSD- A new leg down to 200?Like all the crypto market, Binance Coin also has a hard time.
After an initial drop, the coin recovered, but the rise is in a corrective manner.
Last night the support trend line of this correction was broken which suggests that the correction might be over.
I expect a new leg down towards 200 and I'm looking to sell it in the 400 zone
BINANCE flirting on a key level
Since April 12, Binance has been trading within a range. Today the price action has reached 614, which has acted as the resistance level from the consolidation period. It forms a Doji candle at the critical level signaling a correction and downward movement towards the support level from the range.
However, price compression on the upper zone could bring a potential breakout and open uptrend movement that could bring the price action to reach 885 handle for a +40%, that level is forecasted by the use of Fib Ext tool.
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CAKE 4X!Good indicator for the price of exchange token is the volume of the exchange. It is the trust and also part of the revenue flow into the token.
Pancakeswap has volume 200M more than Uniswap. Pancakeswap is just all the time increasing the popularity since the fees on ETH network has made it impossible for majority of users to trade on Uniswap.
Yet Cake the native token of Pancakeswap is 4X lower at price than UNI the native token of Uniswap. This means that it's only a matter of time before the token follows the exchange and takes over the UNI same way as Pancakeswap took over Uniswap.
CAKE is being burned at increasing speed since the more volume the more fees collected and more CAKE burned. It's a matter of time for the CAKE token to over take the UNI in trading volume and thus over take it in mcap as well.
BNB-The formation of Triangle pattern in wave IVIn the 3-day chart, the uptrend is crystal clear, which can be extended up to the target of $ 800 to $ 1,000.
In the 240-minute chart we can see the triangle pattern ,which has been completed in the range of $ 515. This movement is a good indication for the termination of the corrective movement, in wave iv from point 3.