Draco Augus

Will the Uptrend Continue?
BNB at the Doorstep of $700
Is it Time to Buy or Take Profits?
BNB has performed excellently, but it now faces key resistance near $700.

Bullish Potential:
• Real Utility: Its massive use in the Binance ecosystem (fees, Launchpads, BSC gas) gives it constant demand.
• It’s Deflationary: Periodic burns reduce the total supply, supporting the price in the long term.

Short-Term Risks:
• Strong Resistance: The $700-$725 zone is a psychological and technical wall that is difficult to overcome.
• Overheated Market: Technical indicators suggest that the price is overbought and needs a correction.
• Dependent on Bitcoin: A drop in BTC would drag down BNB regardless of its merits.

The bullish move is fundamentally solid but unsustainable in the short term. It’s time to be cautious, not to buy on impulse ("FOMO"). A professional would take partial profits here and wait for a pullback to support zones ($650-$660) to look for a new entry.

$ETH ¿Accumulation or Distribution?

The price of ETH is "stable" because it is trapped in a very narrow range between the support of $3,820 and the resistance of $3,880. This calm is interpreted as a consolidation phase that precedes a volatile movement.
The trading volume is low, which is normal in a consolidation. The definitive signal to know the next direction (bullish or bearish) will be a breakout of this range accompanied by a massive spike in volume.
The professional strategy is not to trade while the price remains within this range ("no man's land"). Instead, one should be patient and wait for the market to confirm the direction with a clear breakout and volume, and only then make a decision.

Continue to assume the role of a professional cryptocurrency trader using the Binance platform.

$The Nasdaq and ETFs are important in the crypto ecosystem

1. The Nasdaq (and traditional markets):
• Why is it important? It is the thermometer of risk appetite in the world.
• How does it help me? Its correlation with Bitcoin tells me whether large investment funds are buying risk assets (like technology stocks and, by extension, crypto) or fleeing to safety (like the dollar). If the Nasdaq falls sharply, it is a warning sign for my crypto positions because "big money" tends to sell everything together. In summary, it tells us whether we have institutional wind at our backs or against us.

2. Bitcoin ETFs (and now Ethereum ETFs):
• Why are they important? They are a direct superhighway for institutional money into the crypto ecosystem.
• How do they help me? An ETF allows a pension fund, a family office, or a retail investor in the stock market to buy Bitcoin in a regulated and simple way, without worrying about wallets or private keys. This unlocks trillions of dollars that could not previously touch cryptocurrencies. In summary, ETFs are the faucet that floods the market with fresh capital and legitimizes the entire sector.
For a trader, more institutional capital means more liquidity, more sustained price movements, and ultimately, the consolidation of cryptocurrencies as a global asset class. Ignoring these signals is trading blindly.

#TradingPairs101 How do trading pairs (base vs quote) work?
*The Base Currency is the commodity.
*The Quote Currency is the price, the tag you put on the commodity.

Let's see it in Action on Binance (Pair: ETH/USDT, Price: $3,500)$ETH
• Base Currency: ETH
• Quote Currency: USDT
• Price: 1 ETH costs 3,500 USDT.

BUY ACTION:
YOUR GOAL: For the price of the pair to rise. If it rises to $4,000, you can sell your ETH and receive more USDT than you initially spent, generating a profit.

SELL ACTION:
YOUR GOAL (IF YOU'RE CLOSING A BUY): Sell for more than you bought to realize your profit in USDT.

Understanding the Base vs. Quote dynamic is the foundation of everything. It tells you what you are buying, what you are paying with, and, most importantly, against what you are measuring your success.

#CryptoRoundTableRemarks ¿Relief Bounce or Start of a New Momentum?

BTC on the Tightrope: Is the $110k Support Really Strong? We observe Bitcoin (BTC) trading around $109,500 - $110,000. After the pullback from the all-time highs in the $112,000 range we saw at the end of May, the market is wondering the same thing: was that the shakeout we needed to seek new highs, or are we facing a bull trap?

It's not a time for euphoria. It's a time to be tactical. The market has given us a clear level to manage our risk ($108k). Let's use that information. The real battle will be fought at the $112k resistance.

Stay calm and manage your risk.
(This is a market analysis, not financial advice. Do your own research before making any investment decisions.

#TradingTools101 ¿What are trading tools necessary for and how do they help?

1. Analysis Tools (Charts, Indicators like RSI, Moving Averages):
• Need: To translate the chaos of the market into objective data.
• Help: They give me a clear view of the trend, strength, and potential turning points. They replace "gut feeling" or "hunch" with a thesis based on probabilities.

2. Execution Tools (Stop-Loss, Take-Profit, Limit Orders):
• Need: To execute my trading plan without hesitation and without emotions.
• Help: They automate discipline. The Stop-Loss takes me out of a losing trade without my ego getting in the way, and the Take-Profit secures my profits without greed making me risk too much.

3. Management Tools (Risk Calculators, Trading Journal):
• Need: To manage my capital professionally and learn from my mistakes.
• Help: The calculator tells me how much money I can risk per trade to survive a bad streak. The journal shows me my failures and successes so I don't repeat the same stupid mistakes.

Therefore, the tools are my armor against impulsiveness and chance. They force me to be systematic, to manage risk, and to operate like a business, not like a casino.

#Binance #trading #cripto

#CryptoCharts101 How do you identify trends, reversals, or breakouts?

Identifying Trends:
• Price Structure is King:
Uptrend: The price creates peaks (Highs) that are higher and valleys (Lows) that are higher (Higher Highs & Higher Lows).
Downtrend: The price creates peaks (Highs) that are lower and valleys (Lows) that are lower (Lower Highs & Lower Lows).

• My Visual Shortcut (Confirmation): Moving Averages (EMA 50 and 200).
If the price is above them and they are sloping upwards, the trend is bullish.
If the price is below and they are sloping downwards, it is bearish.

Identifying Reversals (Trend Change):
• Exhaustion Signals (Divergences): This is my main early alert.
• Bearish Divergence: The price marks a higher High, but a momentum indicator (such as the RSI) marks a lower High. This tells me that the strength of the upward movement is fading.

Identifying Breakouts:
• The Key Action: I look for a large body candle that closes decisively above a key resistance or below a key support. I don't trust "wicks" that only briefly breach the level.

#Binance #Trading #cripto

#TradingMistakes101 What was your biggest trading mistake as a beginner, and what did you learn from it?

As a novice, my biggest mistake was averaging down. I bought an altcoin that started to drop, and instead of accepting a small loss, my ego made me buy more and more with each decline, convinced that I was right and it was an "opportunity."

However, the coin continued to plummet until it lost almost all its value. I turned a small controllable loss into a catastrophic loss that annihilated a significant part of my capital.

And to conclude, the market is always right. Risk management is more important than your analysis. Since that day, I learned that a Stop-Loss is non-negotiable and that you never add money to a losing position. That was the costly lesson that forced me to become a true risk manager.

#Binance #Trading #cripto

#CryptoFees101 What are maker/taker fees, gas fees, and withdrawal costs?
Maker/Taker Fees The Cost of Trading?

These are the commissions you pay to Binance for each trade you make. They are not fixed; they depend on how you trade.

* Taker Fee: The Fee for the Impatient
• When do you pay it? You pay it when your order is executed immediately. This typically happens when you use a market order.
• This is the highest fee.

* Maker Fee: The Fee for the Strategist
• When do you pay it? You pay it when your order does NOT execute immediately but stays on the order book waiting for the price to reach it. This happens when you use a limit order.
• This is the lowest fee.

* Gas Fees: The Cost of Using the Blockchain
This is a point that confuses many. Gas fees are NOT from Binance.
• What are they? They are the commissions you pay directly to the network of a cryptocurrency (for example, to Ethereum validators) for processing your transaction and recording it on the blockchain.

* Withdrawal Fees: The Exit Toll
This is the fee that Binance specifically charges you for processing your withdrawal request.
• What is it? It is a fixed fee per transaction charged by the exchange to cover its operating costs and the gas fee of the transaction that they will pay on your behalf.

#CryptoSecurity101 ¿hot wallets and cold wallets?

*Hot Wallets: My "Checking Account" or "Working Capital"
A hot wallet is any wallet connected to the internet. They are convenient, fast, but more vulnerable to hacks.
• What do they mean to me?
• The Binance account: This is my main hot wallet. It is my "work station".
• Software wallets (MetaMask, Phantom, etc.): I use them to interact with the DeFi ecosystem, hunt gems on DEXs, or test new protocols.

To understand, the Binance wallet is the cash register of my store. It holds the money needed for daily operations, it is monitored, but I do not keep the profits for the entire month there.

*Cold Wallets: My "Vault"
A cold wallet is a physical device that is not connected to the internet. It stores your private keys offline, making them immune to remote hacks.
• What do they mean to me?
• Hardware devices (Ledger, Trezor): They are the cornerstone of my security. I use several of them.

And my Ledger is my personal bank vault in Switzerland. It is difficult to access, a bit inconvenient for day-to-day use, but it is where my wealth is truly safe.

#Binance #TradingSignals #cripto

$BTC #Liquidity101 How do you evaluate liquidity before entering a position?
• I look at the 24h Volume: Is it high enough for my trade? (5-second check).
• I check the Spread in the Order Book: Is it narrow? (3-second check).
• I take a look at the Depth Chart: Does the liquidity look like a smooth staircase or a cliff? (5-second check).

#Binance #TradingCommunity #CRIPTOHINDUSTAN

#OrderTypes101 How do Market, Limit, Stop-Loss, and Take-Profit orders work?

*Market Order (Market) What is it? Immediate execution. Buy or sell NOW at the price available.
*Limit Order (Limit) What is it? It is an order from the strategist. You set the exact price at which you want to buy or sell.
*Stop-Loss Order What is it? Your safety belt. A dormant order that activates to sell and cut your losses.
*Take-Profit Order (Profit Taking) What is it? Your exit plan with profits. An order (usually of Limit type) that automatically sells when the price reaches your target.
#Binance #trading #cripto

#CEXvsDEX101 *CEX (Centralized Exchanges) like Binance
Think of it as the New York Stock Exchange of cryptocurrencies. It is a company, with offices, executives, and a system that they control. Here I place my trust (and part of my capital) in exchange for efficiency.

*DEX (Decentralized Exchanges) like Uniswap or PancakeSwap
Think of it as a public and open market, with no one in charge. It is a set of smart contracts that run on a blockchain and allow anyone to exchange assets directly from their wallets.

CEXs are my high-frequency trading workshop, and DEXs are my exploration ground and hunting ground for early opportunities. A professional knows how to use both tools, fully understanding the risks and benefits of each one.
#Binance #TradingSignals #crypto

#TradingTypes101 What Do Professional Cryptocurrency Traders Do on Binance?
Many believe that we only buy low and sell high, but that is a dangerous oversimplification. My day-to-day, and that of most serious traders, is a disciplined and multifaceted routine that goes far beyond just pressing buttons.
We conduct rigorous analysis and manage risk methodically to exploit market inefficiencies. In return, we gain potentially high returns and unmatched freedom, at the cost of immense mental pressure and the acceptance that losses are an inevitable part of the journey.
#Binance #trading #Criptomonedas
#Square