$VOXEL /USDT Technical Analysis:
Current Price: $0.1979
Resistance: $0.2053
Support: $0.1836
The $VOXEL /USDT pair is currently trading at $0.1979, showing a modest increase of +3.83% over the last 4 hours. The 24-hour high stands at $0.2053, while the 24-hour low is at $0.1836. The price has shown resilience after touching the low and is now attempting to move higher.
For $VOXEL to make a new high, it needs to break the immediate resistance level of $0.2053. A successful break and close above this level could trigger further upward momentum, potentially targeting $0.2500 or higher.
On the downside, if the price fails to sustain above $0.1979, it may retest the support at $0.1836. A drop below this support could indicate further weakness, potentially pulling the price back to $0.1500.
Long Trade: Enter above $0.2053 with targets at $0.2200, $0.2500, and $0.2750. Stop loss at $0.1836.
Short Trade: Enter below $0.1836 with targets at $0.1700, $0.1500, and $0.1300. Stop loss at $0.2053.
#Write2Earn! #BinanceBlockchainWeek #BlackRockETHOptions #TraderRai #BinanceHODLerBANANA
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DOGS is Now LIVE on Binance Launchpool!
DOGS, a new memecoin, is now available on Binance Launchpool.
Stake $BNB or $FDUSD to earn free DOGS tokens.
The staking period ends on August 25th.
DOGS will be listed on Binance on August 26th.
Key Details:
Total Supply: 550 billion DOGS
Launchpool Rewards: 22 billion DOGS (4%)
Initial Circulating Supply: 516 billion DOGS (93.95%)
Pools:
Stake BNB: 18.7 billion DOGS (85%)
Stake FDUSD: 3.3 billion DOGS (15%)
Farming Period: August 23rd to August 25th
How to Participate in the DOGS Launchpool
Log in to Your Binance Account: If you don't have one, sign up now.
Navigate to the Launchpool Page: You'll find it under the "Earn" tab.
Select the DOGS Launchpool: Choose the pool you want to stake in (BNB or FDUSD).
Enter the Amount You Want to Stake: Click "Stake" and you're done!
Why You Should Participate in the DOGS Launchpool
Earn Free DOGS Tokens: It's like getting paid to hold your BNB or FDUSD.
Get in Early on a Promising Project: DOGS has a strong community and could see significant growth.
Support the Memecoin Movement: Memecoins are fun, engaging, and have the potential to disrupt the traditional crypto landscape.
Important Reminders
Binance will be the first platform to list DOGS. Any claims to offer DOGS for sale before August 26th are false.
Do your own research before investing in any cryptocurrency.
Participation in Launchpool is subject to eligibility.
The DOGS Airdrop
Binance will support the distribution of the DOGS airdrop claims for eligible users. If you're eligible for the airdrop, make sure to claim your DOGS tokens on Binance.
Stake, Earn, Bark: The DOGS Launchpool Awaits! đ¶đ
[Binance Launchpool](https://launchpad.binance.com/en)
Vote for @RonyZ
#BinanceLaunchPoolđ„ #Binance #DOGS #dogs
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$BTC Cryptocurrency Trading Guide
What is Cryptocurrency Trading?Â
Before getting directly to cryptocurrency trading, let us understand the meaning of trading. Trading can be defined as the economical concept of buying and selling assets. The assets can be goods and services which are being exchanged between the trading parties. Here we are talking about the financial markets where trading of financial instruments takes place. These can be stocks, currency, cryptocurrency, margin products, etc. Trading is usually considered short-term; however, this concept is misled by many. Furthermore, we will be discussing types of trading, namely day trading, swing trading, and trend trading, in detail later.
Cryptocurrency trading involves buying and selling cryptocurrency by using a crypto trading platform or exchange. Some of the most popular cryptocurrency trading platforms are Coinbase, Binance, CoinDCX, etc. The idea behind cryptocurrency trading is to achieve profitable outcomes over a certain period of time. Trading differs from investing, and the concept behind it is what we are going to discuss further.
Understanding the Cryptocurrency Market
How the Cryptocurrency Market Works
The cryptocurrency market, a dynamic and innovative financial ecosystem, operates 24/7 worldwide, distinguishing it from traditional stock markets. This digital market is decentralized, meaning it does not rely on central authorities like governments or banks. Instead, it uses blockchain technology, an advanced, distributed ledger that records all transactions across a network of computers. This feature ensures transparency and security, making the cryptocurrency market appealing for traders globally.
Key factors driving this market include supply and demand, investor sentiment, and technological advancements. Unlike traditional markets, cryptocurrencies can be traded directly between individuals through exchanges or peer-to-peer platforms, offering unprecedented accessibility to investors.#BinanceLaunchpoolDOGS
Stop order: Gaps down can result in an unexpected lower price.
Limit orders and price gaps
In a similar way that a "gap down" can work against you with a stop order to sell, a "gap up" can work in your favor in the case of a limit order to sell. In the next example, a limit order to sell is placed at a limit price of $105. The stock's prior closing price was $104. If the stock opened at $110 due to positive news released after the prior market's close, the trade would be executed at the market's open at that priceâhigher than anticipated and better for the seller.
Limit order: Gap up can result in an unexpected higher price.
Bottom line
Many factors can affect trade executions. In addition to using different order types, traders can specify other conditions that affect an order's time in effect, volume, or price constraints. Before placing your trade, become familiar with the various ways you can control your order. That way, you'll be much more likely to receive the outcome you're seeking.
What are price gaps?
A price gap occurs when a stock's price makes a sharp move up or down with no trading occurring in between. It can happen because of factors like earnings announcements, a change in an analyst's outlook, or a news release. Gaps frequently occur when exchanges open or when news or events outside of trading hours have created an imbalance in supply and demand.
Stop orders and price gaps
Remember that the key difference between a limit order and a stop order is that the limit order will only be filled at the specified limit price or better; whereas, once a stop order triggers at the specified price, it will be filled at the prevailing price in the marketâwhich means it could be executed at a price significantly different than the stop price.
What is a stop limit order?
Another order type combines a stop order and a limit order. The stop limit order specifies the price that the order should be triggered and the price that the trader wants to execute the trade. It gives the trader a traditional stop order, but once triggered, a limit order at their specified price instead of a market order. While the trader might prefer to sell at their limit price, execution isn't guaranteed, and the trader has risk of the stock moving lower after triggering.
The chart below shows a stock that "gapped down" from more than $34 to around $32 between a previous closing price and the next opening price. A stop order to sell at a stop price of $34âwhich would trigger at the market's open because the stock's price fell below the stop price and, as a market order, executes at $32âcould be significantly lower than intended, and worse for the seller. In the case of a stop limit order with the stop set at $34 and the limit at $33, for example, the trader could be watching the stock trade lower and "hoping" or "waiting" for the stock to return to $33 before being executed.
Stop order: Gaps down can result in an unexpected lower price.
What is a stop order, and how is it used?
A stop order is an order to buy or sell a stock at the market price once the stock has traded at or through a specified price (the "stop price"). If the stock reaches the stop price, the order becomes a live market order and is typically filled at the next available market price. If the stock fails to reach the stop price the order isn't executed
A stop order may be appropriate in various scenarios
âą When a stock you already own has risen and you want to attempt to protect part of your unrealized gain should it begin to fall
âą When you recently bought a stock and want to set a floor around the level of loss you'd be willing to tolerate on the position
âą When you want to buy a stock should it break above a certain level because you think that could signal the start of a continued rise
A sell stop order is sometimes referred to as a "stop-loss" order because it can be used to help protect an unrealized gain or seek to minimize a loss. A sell stop order is entered at a stop price below the current market price. If the stock drops to the stop price (or trades below it), the stop order to sell is triggered and becomes a market order to be executed at the market's current price. A sell stop order is not guaranteed to execute near your stop price. A stop order may also be used to buy. A buy stop order is entered at a stop price above the current market price (in essence, "stopping" the stock from getting away from you as it rises)
Let's revisit our previous example but look at the potential impacts of using a stop order to buy and a stop order to sell with the stop prices the same as the limit prices previously used
While the two graphs may look similar, note that the position of the red and green lines is reversed: The stop order to sell would trigger when the stock price hit $144 (or less) and would be executed as a market order at the current price. So, if the stock were to fall further after hitting the stop price, it's possible that the order could be executed at a price that's lower than the stop price
Solana meme coin Over 20% Popcat rises after Binance futures
Binance implemented perpetual contracts for Solana-based meme currency POPCAT.
KuCoin also featured POPCAT/USDT on its spot market.
POPCAT rose over 20% after both exchange listings.
With technical indications showing the meme coin is overbought, it may correct.
On Thursday, Binance offered perpetual contracts for Solana meme currency POPCAT with up to 75x leverage. The listing allows Binance's large user base to leverage POPCAT's price. Such ads sometimes boost bitcoin prices.
KuCoin exchange added a POPCAT/USDT trading pair following Binance's announcement, enabling users to deposit and trade tokens on its spot market.
Lookonchain data shows a whale withdrew $5.73 million of SOL from Binance to buy POPCAT after these developments.
POPCAT rallies but may correct.
Positive developments boosted POPCAT's price by over 22% in 24 hours. The action suggests exchange-wide POPCAT buying pressure.
Meme coin social volume rose from 7% to 53% on Thursday. Despite increasing prices, social volume shows strong investor mood, yet overconfidence might cause a reversal.
POPCAT may encounter resistance at $0.7132 on the 4-hour chart. The 100-day SMA may stop meme coin price growth.
RSI just entered overbought at 69.7. Price correction is likely after such a move. The %K and %D lines of the Stochastic Oscillator (Stoch) are also over 80 in the overbought range.
A price correction might drop POPCAT by over 30% to find support.
#MtGoxRepayments #PowellAtJacksonHole #CryptoMarketMoves #POPCAT
A few words about timing
At Schwab, you have several choices for how long your limit order stays active.Â
⹠Day only. Order is active for one regular trading session only (or the remainder of the trading session if the order is entered while the market is already open).
⹠Good till canceled (GTC). Order is active between the hours of 9:30 a.m. and 4 p.m. ET and active for up to 180 calendar days (unless filled or canceled). Orders placed after 4 p.m. ET during the weekend or on holidays will be active the next trading day.
⹠Day + extended hours. Order is active during all equity trading sessions from 7 a.m. to 8 p.m. ET for one day only. Orders placed after 8 p.m. ET during the weekend or on holidays will be active the next trading day.
⹠GTC + extended hours. Order is active for all equity trading sessions from 7 a.m. to 8 p.m. ET and is active for up to 180 calendar days (unless filled or canceled). Orders placed after 8 p.m. ET during the weekend or on holidays will be active the next trading day.
⹠Extended-hours a.m. (Ext. AM). Order can be placed between 8:05 p.m. ET (previous trading day) and 9:25 a.m. ET. The trade, however, is active only during the Ext. AM session for that day. The Ext. AM session runs daily from 7 a.m. to 9:25 a.m. ET, Monday through Friday, excluding market holidays.
Extended-hours p.m. (Ext. PM). Order can be placed Monday through Friday between 4:05 p.m. and 8 p.m. ET. The trade, however, is active only during the Ext. PM session for that day. The Ext. PM session runs daily from 4:05 p.m. to 8 p.m. ET, Monday through Friday, excluding market holidays.
While placing orders in extended hours is sometimes viable, traders will want to consider some of the downsides as well. First, only limit orders are accepted in extended orders; market and stop orders are not. Second, trading activity often falls sharply at the end of normal trading hours and the lack of liquidity in extended hours can pose additional risks, especially during the GTC+ extended-hours time frame. For example, an earnings report or other news.
$AUCTION
The current market price of AUCTION is between $17.59 and $24.62, with a 24-hour trading volume of around $176.18 million Âč. The market capitalization of AUCTION is around $116 million, ranking it 358th among all cryptocurrencies Âč. The price of AUCTION has been fluctuating, with a recent drop of -18.43% Âč. However, the long-term prospects of AUCTION depend on various factors, including market trends, adoption, and competition ÂČ.
What is a market order and how do I use it?
A market order is an order to buy or sell a stock at the market's best available price. It typically ensures an execution but doesn't guarantee a specific price. When the primary goal is to execute the trade immediately, a market order is optimal. It's generally appropriate when you think a stock is priced right, when you're sure you want a fill on your order, or when you want an immediate execution.
A few caveats: A stock's quote typically includes the highest bid potential buyers are willing to pay to acquire the stock, the lowest offer potential sellers are willing to accept to sell the stock, and the last price at which the stock traded. However, the last trade price may not necessarily be current, particularly in the case of less-liquid stocks, whose last trade may have occurred minutes or hours ago. This might also be the case in fast-moving markets when stock prices can change significantly in a short period of time. Therefore, when placing a market order, the current bid and offer prices are generally of greater importance than the last trade price.
Market orders are usually placed when the market is already open. A market order placed when markets are closed would be executed at the next market open, which could be significantly higher or lower from its prior close. Between market sessions, numerous factors can impact a stock's price, such as the release of earnings, company news or economic data, or unexpected events that affect an entire industry, sector, or the market as a whole.
What is a limit order and how does it work?
A limit order is an order to buy or sell a stock with a restriction on the maximum price to be paid (with a buy limit) or the minimum price to be received (with a sell limit). If the order is filled, it will only be at the specified limit price or better. However, there is no assurance of execution. A limit order may be appropriate when you think you can buy at a price lower thanâor sell at a price higher thanâthe current quote.
YOU CAN GAIN 98.89% ACCURACY ONCE YOU IDENTIFY THESE COMMON FACTORS ON ANY TOKEN!
If you're looking for ways on how to have better reading of the market situation, you're in the right place.
YOU CAN GAIN 98.89% ACCURACY ONCE YOU IDENTIFY THESE COMMON FACTORS ON ANY TOKEN!
If you're looking for ways on how to have better reading of the market situation, you're in the right place.
Here's why.
{future}(ARKMUSDT)
{future}(RUNEUSDT)
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There are common misconceptions as to how traders react in the market. Most would think that all traders react the same way. When in fact, only traders who don't want to become profitable think the same way. Those who are thinking many steps ahead are the real profitable ones.
The best way to identify the next price action isn't based on the direction that the market is currently facing. Instead, the areas that were left by the market. That's the main point of this strategy is to identify the imbalances in the market. May it be the previous impulsive wave's imbalance or just some tiny bits of imbalances in the ranging market. As you can see in our example with ARKM, you can visualize the possible upcoming fulfillment of imbalances, the fulfilled imbalances and as well as the unfulfilled imbalances. Once you identify tokens with the similar market situation, you can have more chances of possibly entering that token with better position in the market.
Stay wise, trade cautiously.
#GAINERSPACK #BinanceBlockchainWeek #BecomeCreator #BinanceSquareCreatorAward