Binance coin is looking great with the smaller dumps it has been having, which led to the 100 EMA breakdown. We are looking here at current re-test to 100EMA which seems to us to be weak, but we are looking for a potential further movement to the lower zone. Swallow Team
The BNB/USDT pair on the daily chart shows a failed attempt to push higher, indicating a potential reversal. The market seems to be reacting to news about Binance's founder, which could be influencing trader sentiment. The Price is now staying below 100EMA, showing us the strong overweight of bearishness (thanks to that failed attempt to push) The path ahead for...
As a update about my current bear position on CZ coin as you can see by the link below. The price action is heading one leg downward to complete a wave 5 of a contracting ending diagonal, according to the Wave Principle. That seams a breakdown can be expected to the local demand, as we can see clearly on this chart. After broken, the trendline tends to be...
Hi everyone 👋🏽 🕊 Wish y'all have a profitable lifestyle 🍀 📌 ADABTC- Weekly Time Frame - Candlestick 📌 Price Action - Fibo - RSI Divergence 📍ADABTC 's chart is not looking very good in every time frame from weekly to 2H. It is completely bearish in every aspect 📍 Price may have already finished its 5th cycle in the white horizontal line and it may see the...
BTC is arriving towards the end of this small wedge, a possible breakout may happen within a week but it might be a bearish breakout given the look of things. Especially since the 100EMA seems like it will cross under the 200EMA in a couple of days.
Price approaching an area where we have multiple confluences: - 100EMA Support - 78.6 Fibonacci - Trendline Support - Structure Wait for buying pressure on a smaller timeframe near the 78.6 Fibonacci.
1st Area: - 100EMA - Flat Triangle Support - Previous Structure 2nd Area: - 200EMA Support - Trendline Support
Supporting Fib, currently in consolidation poised for move up, especially considering news being released on second vaccine stacked on top of their Earnings Report. Bouncing off EMAs, beautiful looking piece. Lets goooo $MCD!