$CATI CATIZEN: HERE ARE YOUR 2.5 CATI TOKENS. 😿 😿 ME: # | The Crypto Anatomy on Binance Square

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$CATI CATIZEN: HERE ARE YOUR 2.5 CATI TOKENS.
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ME: 
#CATIonBinance 

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$BNB THE ORDER BOOK PRINCIPLE ONLY FEW TRADERS KNOW *(VERY IMPORTANT) 📊 Have you ever wondered how crypto buying & selling really works on an exchange? Let me explain the vital role of the order book in this entire process. Imagine the market as a human body with the order book as a beating heart, where the supply and demand meet. On every exchange platform, be it crypto or stocks, there is this order book, a dynamic list of buy & sell orders for a specific currency pair, such as BNB/USD or ETH/ USD. So on one side we have the buy orders, where traders indicate how much they're willing to pay for a certain quantity of that crypto. On the other side we have the sell orders, where they specify the price at which they're willing to sell the crypto currency. 🪙 Now imagine you want to buy BNB. You check the order book and see that some people are willing to sell at a particular price, and others are willing to buy at another price. When the price at which you are willing to buy meets the price at which someone is willing to sell, a transaction occurs automatically. And congratulations you're the owner of that crypto. This order book is constantly updated in real time, every time a new order is placed. It gives us an instant view of the market dynamics, allowing us to make informed decisions about our trades. 🚫 Cautionary Measure Beware that the order book can be manipulated. Some traders may place false orders to influence the market, a practice also known as "SPOOFING". It is illegal and widely practiced and poorly regulated in the crypto market. Always remember you're in a market that resembles a forest, so forest laws apply. Please feel free to share your opinions in the comments section. If you find it useful, feel free to like and share as much as possible. Also follow me for more such content and other updates on crypto. #BnbAth #BNBToken

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$FET $2 INCOMING AFTER BEATING INVERTED H & S 🚀 📈 A thorough and detailed analysis meant for the shorter term ahead. 🔔 It had a great run this week, shifting gears now and breaking through the inverted H & S on the daily charts. Also we spotted the second most probable reason for this prediction ahead. A Bullish engulfing formed this week after the candle closing on Tuesday. This Engulfing has acted as the catalyst for this thrust and the best is yet to come. Moving ahead with pivot points the support has been excellent at $0.8. The consistent consolidation in that stiff range has given more stability to the price and then the $ mark has been a good hand on the higher side. Now forming such patterns in the lower price range is always bullish as it indicates the price of being conducive, tested multiple times on crucial levels which builds the strength for a rally ahead. This is one reason why I give emphasis on such situations. Secondly, the rejection has only been once at the resistance of $1.5 which led to a short retracement at $1.25 which is the local support in case of a fall. Although this scenario looks out of context. As of now it has gone past its next hurdle of $1.6 and changed hands near $1.64 at the time of writing. A little wider view would be visible on the weekly chart, where no major resistance is seen before $2. Hence, it wouldn't be surprising if it hits that level in the next couple of days. *This is not investment advice. Please do your own research before taking any trade. #fet.ai #ASIAlliance #ASI

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$CATI GOOD TIME TO SHORT NOW 📉📉 📊 With that bearish flag forming on the 30 min chart, I'm pretty sure of a further decline and let the price action do the talking like every single time. The $1 mark was the significant level which has been retested multiple times and the recent rejection has ultimately completed that flag drawing the price further down. As of now it's hovering near the immediate support at $0.92 which is trying to hold the price. Breaking the lower trendline of the flag will definitely put pressure on the buyers, thus giving an upper hand to sellers and the next key level to watch is $0.87 followed by $0.81. The consolidation range formed between $0.87-0.90 will try to resist further decline as we can see on the chart. But once these two support levels are broken, it will lead to a price discovery zone and the hunt for new support levels will begin. The impact hasn't been that strong after listing, especially if compared to the three new memecoins a few days ago. The negative buzz was making more headlines and a majority of traders looked unhappy. Currently the technicals are indicating a retracement which could be long enough if sellers are leading the charge. *This is not investment advice. Please do your own research before taking any trade. #CATIonBinance

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$FIDA SURGES ABOVE 75% AFTER BINANCE LAUNCHES FUTURES TRADING 📈 🔔 Binance launches futures trading for Solana Name Service (FIDA) today. The FIDA/USDT Perpetual Contract is launched with up to 75x leverage. In an official announcement, Binance revealed the launch of FIDAUSDT Perpetual Contract today, September 19, with up to 75x leverage. Binance Futures continues to expand the list of trading choices while enhancing the trading experience for users. Following Binance’s announcement, Solana Name Service (FIDA) recorded a significant surge of over 30%. At the moment of writing this article, FIDA is trading near $0.39, and the token has a market cap of over $40 million. Earlier, FIDA’s price spiked above $0.33 🪙 What is Solana Name Service (FIDA)? Sonala Name Service, previously known as Bonfida is an important developer on Solana. The project gained popularity by bringing various contributions to the ecosystem via services and products. Their contributions include the following: ✅ Creating a new Serum Core engine, the asset Agnostic Orderbook (AOB) Simplifying the way users transact with Solana Name Service Creating the first Perpetual Swap on Solana, Audaces On July 15, the Bonfida project was rebranded to Solana Name Service (SNS). As they noted via X, the rebranding marked an important shift to their identity, but their vision remained the same – to be the best blockchain naming service on Solana. The project’s token is called FIDA and it has a total supply of over 990 million tokens. *This is not investment advice. Please do your own research before taking any trade. #FIDA

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$JUP A $ KNOCKING AGAIN AS IT BREAKS ABOVE KEY RESISTANCE $0.8 🔔 And the cherry on top is nearly the formation of a BULLISH Marubozu on the daily chart which could be explosive in the days ahead. After the half point (0.5%) rate cut the entire market rejoiced with some altcoins going on a monstrous ride today. In fact the prime coins of the Solana Ecosystem have been gaining in double digits today. I've been rightly shilling throughout this year and of course packed my bags heavily with 4-5 gems in the Solana ecosystem including Sol itself. As negative sells pretty easily in the media, rumours are still doing the rounds over the internet about "Solana nearing it's end or Sol going to $60" and so on. But we know such things really don't pan out in the long run. So, let them say since they have something to say, rest assured a smart investor or trader will keep doing his/her things. So the $ mark hitting the floor again. Could be tomorrow or maximum by Friday. My target 🎯 for Jupiter will be $7-8 top in this cycle. *This is not investment advice. Please do your own research before taking any trade. #Jupiter🪐 #Solana_Blockchain

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