BNB has been making some extraordinary moves last cycle, where it bottomed around $4.5 and made it to $700 during the next top. Looking at the chart, we can clearly see that BNB follows a bullish channel pattern. My assumption is that this channel will hold and that BNB will make a move towards the top of the channel. $10,000 is possible, it's a "mere" +5,000%...
Bitcoin has managed to break the lower line of the ascending channel and is moving in a symmetrical triangle . We can also see the Sell signal between 50_SMA(Daily) and 100_SMA(Daily) in the chart (it is a bearish sign ). I expect Bitcoin to break the lower line of the symmetrical triangle and fall to the targets I have specified in the chart. ...
hello guys... I believe the 0.000160 is the best area to get a long position! the target will be $0.00038! let's see! ___________________________ ✓✓✓ always do your research. ❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them. ❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
BINANCE:BTCUSD reaches a strong $71500 liquidity zone as strong ETH-ETF related news is released. A trap from the market maker catches the crowd off guard and now the market is ready to move on Toretically, the correction wave ends after the false breakdown of resistance and liquidity zone 71500. Bulls successfully hold the defense above the support 67241....
Previously, the price formed an inverse Head & Shoulders pattern and broke the neckline to the upside. Now, it is consolidating in a bull pennant pattern, indicating a high probability of further upward movement. If the price breaks the resistance zone, reaching 80k is likely. Currently, attention is on the DXY and S&P500. If the DXY continues to decline, a new...
Ethereum is on very balanced bullish technical levels on the 1W timeframe (RSI = 65.615, MACD = 296.600, ADX = 38.829) suggesting a healthy, sustainable uptrend. Just a few days after the ETF approval, ETH is breaking out of the March-April correction and in comparison with the previous Cycle, has completed step <7>. This is taking it out of the accumulation curve...
Based on the chart analysis, the rising wedge pattern signals a likely bearish correction in the short term, with the price potentially testing the 0.618 Fibonacci retracement level around $518.36 as a key support. However, the Elliott Wave projection suggests a bullish reversal toward point (C) if support holds, indicating a medium-term upward move. Traders...
BTCUSDT possible 15m scalping opportunity. The Price needs to break down and close below the up trend line and the 50EMA with a long red candle Invalid on chart with a candle close above. Good LUck
1. Filecoin selling Plan. 2. Expecting a 10x on this once bull run is over. 3. Remember Tokenomics are different this time alot more supply so don't expect Filecoin to reach ATH this time. 4. All selling zones are at key weekly supply zones.
Considering the weak growth of #Bitcoin along with the previous sharp drop, and hitting the key resistance, the possibility of a drop for today is more than a growth.
The price trend fluctuated greatly in the past few days, but the fluctuation has become smaller in recent days. After rising, it quickly fell, and after falling, it quickly rose. The price always fluctuated up and down. I think many friends who participate in trading feel very confused. In fact, the fundamental reason is that the overall price trend presents a...
BINANCE:ETHUSD breaks the resistance of consolidation pattern amid the news related to the approval of ETH-ETF. The reaction was premature, on rumors, and now the market is consolidating. Many wondered why there was not a strong surge and rally after the news. Reason: The rise from 3100 to 3850, almost 24% in a few hours, which followed due to the rumors about...
FX:XAUUSD reduces volatility and shrinks into a narrow range before the news. US GDP did not play any role and traders are waiting for the general fundamental background. Locally, the downtrend. The trend is downtrending, but on yesterday's news the price is trying to break the channel resistance, forming a consolidation of the price above the line. But if...
Hello Traders Hope You Are Enjoying Our Analysis. Today We Will Discuss About NOT (Update) The Bullish Pennant Formation On 1H Timeframe☑️ In Case Of Successful Breakout Expecting Massive Bullish Wave✍️
SPELLUSDT is currently exhibiting a large inverse head and shoulders formation, with the price presently forming the right shoulder. This pattern is typically a bullish reversal indicator, suggesting potential upward movement. Our focus should be on the accumulation zone, which presents a promising buying opportunity. The key price targets are indicated on the...
💹 Let's analyze this popular cryptocurrency that has brought many enthusiasts closer to the crypto market. 📊 Weekly Timeframe Analysis : In the weekly timeframe, if we examine the long-term candles, we remain in an uptrend. In the closer candles, after exiting the 0.05653 to 0.10223 box, unlike most crypto coins, we broke the box's top and started an upward...
As we wrap up the past week, EUR/USD has shown stable trading with a slight retracement. However, this minor dip is not expected to affect its long-term upward trend. By closely observing the 1D chart, it's evident that EUR/USD has reached the 0.618 Fibonacci retracement level and found support there, with the EMA 34 and 89 converging at this support level. This...
Gold prices fell on Friday (May 31), as investors considered the US inflation report mostly as forecast, despite expectations that the US Federal Reserve (Fed) will lower interest rates in This year has helped gold increase for the fourth consecutive month. At the end of the trading session on May 31, the spot gold contract erased the early session gain and...