🔥75% OF CRYPTO MARKET MIGHT BE UNDER BINANCE CONTROL❗ BUY MORE❓🔥Hi friends! The monopoly of Binance will start, if FTX finnaly scamed. FTX was the top-2 exchange, right after the Binance. So now I recommend you to pay the attention to the strongest BINANCE projects or project based on BNB chain, because they can bring you the HUGE income in 1-2 year.
✅ The list of it I will add at the end.
🚩 RIGHT NOW: Binance have released the amount of crypto on their wallets. CZ yesterday named it Proof of Assets. Also, now you can find this information on the Binance website.
📊 TECHNICAL ANALYSIS
Now the BNB return to the HUGE accumulation area of $268-304, where the most coins were bought by the big players (whales). Now we see that price possibly make the false breakout of the lower boundary and this is strong bullish signal, if BNB close inside the area.
📊 The trading plan to open a long:
🔥 bnb still in the value area of $260-304
🔥 possible false breakout of the local low which take the sl of traders and the whales will buy even more coins
🔥 volume growth on sl collections
🔥squeeze to the local trndline after the breakout
🚩 Also, remember about DOM and Footprin which is my most important trading tools for scalping. They shows me the best place to buy and to sell crypto with the whales. So you can increase your winrate by +25-30% using just this scalping tools.
✅ The targets for BNB:
1. $300 - the top boundary of the value area
2. $335 - the local highs
3. $400 - the local highs after the pump
📊 Why the short trade is still possible? The main reason for the dump is BTC. So if it will fall to $12-14k, all the altcoin make -30-40% more.
🚩 The main precondition for the short trade is the fall below the value area of $260-304 and test it as the resistance. You can set sl above the local high and ope nice trade with 20-30RR. The main target is the closests support at $235-243 value area.
All of these plans I leave on chart, so you can use it at any moment!
✅ Now BNB skyrocketing on FTX. The price already reach it's ATH at $670. I think this is because of rumors that Binance will return the money to the owners of BNB on other exchanges (if this funds will be lost ). This is the possible reason why BNB start to PUMP.
📊 WHY THE POSSIBLE BINANCE MONOPOLY ISN'T GOOD FOR ENTIRE CRYPTO MARKET? 🚩
If BINANCE get the monopoly at the market, the problem of BINANCE will be the problems of the entire crypto market. If Binance will got in trouble (hacked, robbed, DDOS-attacked, etc.), this will immediately affect the price of Bitcoin, and since 99% of altcoins follow it, altcoins will fall even more.
🚀The list of coins related to Binance:
🔥 BNB
🔥 TWT
🔥 CAKE
🔥 LINK
🔥 1inch
🔥 XVS
✅ Actually, the relation to Binance is the main reason why these coins just return to the accumulation areas, despite the other alts make -35-40% and go to the hell.
🚩 Traders, is this idea usefull for you? What do you think happen to Binance in the future? What coins do you recommend to buy at the bottom og the market?
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade!
DOT
Trading opportunity for long position DOTUSDTBased on technical factors there is a Long position in :
📊 DOTUSDT - Polkadot
🔵 Long Now 7.06
🧯 Stop loss 6.65
🏹 Target 1 7.70
🏹 Target 2 8.70
🏹 Target 3 10.00
💸RISK : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
Dot bearish trade 4HDot is in a support that now is a resistance so as we know if a lvl that before was a support or resistance is broke the next time that the que price goes to the lvl is the opposite ,that's the case of DOT the support works well but now isn't a support anymore so that means a long trade is absurd just for where is the price right now .
DOT/USDT - LONG 12H TF----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
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⚡️⚡️ #DOT/USDT ⚡️⚡️
Client: My-Binance Futures
Trade Type: Breakout (Long)
Leverage: Cross (2X)
Entry Targets:
1) 6.9 - 100.0%
Take-Profit Targets:
1) 7.468 - 25.0%
2) 7.968 - 25.0%
3) 8.573 - 25.0%
4) 9.653 - 25.0%
Trailing Configuration:
Entry: Percentage (0.5%)
Take-Profit: Percentage (0.5%)
Stop: Breakeven -
Trigger: Target (1)
US Rate Rise - How It Translates On The Top-10THE US had a rate hike which was as expected and yet we still see the charts go crazy, not just bitcoin but most of the top-10.
The one surprise was that inflation did not drop at the rate it was forecast to do. The drop was 0.1% and not 0.3% as expected.
So where to from here?
Well that depends on how we close this 24-hour range and if we can take the high of that candle out. We are not out of the pain zone just yet and I am waiting for a push to $22,000 for bitcoin to get that daily trend with some proper momentum. We haven't seen a daily trend on bitcoin that was more than a bear bounce since March 2021 so to see one now will give us cryptotraders plenty of options to work with so long as it's not in a single candle.
DOTUSDT - Buy setup!!DOTUSDT (1D Chart) Technical analysis
DOTUSDT (1D Chart) Currently trading at $6.4
Buy level: Above $6.32
Stop loss: Below $5.5
TP1:$6.84
TP2: $7.48
TP3: $8.1
TP4: $9.5
Max Leverage 3x
Always keep Stop loss
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
Polkadot - Entered a LongJust entered a long on DOT.
- clear invalidation/risk (2.25%)
- clear targets above
- dotted line is where this could SFP, if that happens I may manually close
- plan to move stops up to break-even if I can
If this breaks down, it's pretty bearish so I have conviction knowing that I'm fine being wrong if the overall trend is still down, but if this continues higher it has potential
Lets go.
V
#Polkadot Bottoming up, DOT up 16% as Bulls Aim at $8Past Performance of Polkadot
Polkadot prices are down 30 percent from the August 2022 peaks, per the formation in the daily chart. Although the community expects DOT prices to recover after posting sharp double-digit losses from 2021 peaks, bears still have the upper hand. However, if DOT pierces above critical ceilings, the coin may surge to new Q4 2022 highs in a welcomed move.
#Polkadot Technical Analysis
Buyers are in control, and every low is an opportunity to accumulate. After sinking to register new 2022 lows in October, bottoming up from $5.74, the coin has since rallied 16 percent. At spot rates, there are bullish bars along the upper BB, pointing to solid upside momentum and support by traders. The spark is because of the wide-ranging bull bar of October 22 that pushed the coin above the resistance line, the middle BB, with expanding volumes. Even though the current coin's trade ranges are comparatively low to then, bulls have been resilient. Therefore, as long as DOT is above the middle BB and $6.28, the coin may race to September highs at around $8.
What to Expect from #DOT?
Buyers are bullish, and DOT is breaking out--a net positive. Prices are still within a bullish breakout formation as buyers press on. Since DOT is above the middle BB and $6.28 support, traders can target new Q4 2022 highs at $8 or better.
Resistance level to watch out for: $8
Support level to watch out for: $6.28
Disclaimer: Opinions expressed are not investment advice. Do your research.
Polkadot (DOT) - November 1Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Boost".
Have a good day.
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(DOTUSDT 1W Chart)
It is important to be able to rise above the 11.72-14.93 section.
To do that, we need to see if we can sustain the price above 7.74.
(1D chart)
The key is whether it can be supported in the 6.28-6.60 section or higher.
If not, you need to make sure it is supported at 5.96 or higher.
If support is found above 6.60, it is expected to lead to an attempt to move above 7.16.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator contains indicators that indicate support and resistance points.
** HA SRRC indicators are expressed as StochRSI(line), RSI(columns), CCI(bgcolor).
** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)
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DOT | Ready for Massive Breakout..!!
#DOT Looks Promising here 🧐
- Forming Falling Wedge in 3-days TF Chart.
- RSI is Printing Bullish Divergence.
- Massive Buying Volume Coming in.
In Case of Wedge Upside Breakout, Expecting +300-360% Bullish Wave in Midterm.
Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!!
Thanks for Your Love & Support..!!
DOT break weekly trend, confirmation soon?DOT is undervalued...if you asked me. And now we see DOT break the weekly trend. If the weekly close confirm the break, we can see some big action. Interesting times now with many opportunities and "big range trading". Let's hope the bullish sentiment stays intact so we can ride on all our long-trades :)