Expecting the price to make another higher high above 700$ level, we are in a bullish market on a HTF analysis, price just made a retracemnt back into fibonaci discount market area and 500$ where we had a nice rejection of a daily bullish candle, due to uncertainty yesterday in the markets BNB didnt drop as much as all the crypto market (ex.BTC dropped 10% on...
DOCK BUY/SELL ZONES
BUY ZONE 1= $0.07090-$0.06515 TARGET ZONE 1= $0.10652-$0.11333
BUY ZONE 2= $0.04095-$0.04070 TARGET ZONE 2= $0.12433-$0.12916
BUY ZONE 3= $0.03125-$0.03104 TARGET ZONE 3= $0.17822-$0.18200
BUY ZONE 4= $0.00273-$0.00223 TARGET ZONE 4= INFINITY
GOLDEN RESISTANCE ZONE =...
AAVE has underperformed the last few months since the may crash. I think with the COVID news it's gonna struggle to keep support here and create new lows, especially with BTC being as fragile as is.
I'm only risking 1% of my portfolio here, 0,25% for first TP and 0,75% for the second TP.
TP1: $189 with 0,25% risk for 3,87R
TP2: $112 with...
BNBAUD will see a huge drop from ATH 900+AUDto 680AUD.
The token/currency pair have been trading in a bullish structure, unfortunately this structure was broken with BTC drop few days back. Now we will see continuation of this bearish move for some time.
Price action can invalidate this move until then, we have assume the worst.
Our OB level have been...
Price may hit 40k region if support gets broken at 44k-43k region.
Hitting a HIGH of 50600 in the month of August to me was a retest on the LOW formed on the 25th of April, 2021 unless otherwise, it turns around.
That notwithstanding, price will continue its upward move to hit the fair value gap created around 51.5k-52.8k and then we will see what will happen.
RUNEUSDT Technical analysis Update
RUNE/USDT currently trading at $7.00
Short level: Below $6.93
Stop loss: $7.38
Max Leverage 3x
Always keep Stop loss
Note: please do your own research before investing. Never invest money that you can't afford to lose.
Binance coin will conduct a coin burn in the coming days, and from a fundamental point of view, this is pretty good news, as demand increases as supply decreases.
Let's take a look at how the price has historically reacted to this process.
Statistically, after burnout, the price falls more often than it rises. 10 out of 13 burnout cases ended up with an average...
After confirming 200-220 zone as very strong support, Binance coin hast started to rise.
However, the rise is corrective in nature and I expect a drop soon.
350 could be a good place for sellers with a target near support and a stop loss above 400
All altcoins as well as Binance have corrected after yesterday's fall in Bitcoin. Bnb broke the trend line that has been building since June 22 and is now consolidating. It is now difficult to say where the price will go, as bitcoin is still in global consolidation and with it all altcoins. Potentially, if the price comes back and tests the trend line as...
After the recent strong move of BNB, volatility decreased and now the market is gaining momentum for the next strong move.
Currently, we can see on the Binance chart that the price is slowly moving towards the value zone along its local trend line. If we reach the value zone and during the test we see an increase in volumes, it could be a signal that the price...
BNBUSDT - Intraday - We look to Buy at 341.1 (stop at 324.8)
Daily signals are mildly bearish.
Bespoke support is located at 340.0.
Dips continue to attract buyers.
We look to buy dips.
Our profit targets will be 388.8 and 398.8
Resistance: 380.0 / 390.0 / 400.0
Support: 340.0 / 330.0 / 320.0
Like all the crypto market, Binance Coin also has a hard time.
After an initial drop, the coin recovered, but the rise is in a corrective manner.
Last night the support trend line of this correction was broken which suggests that the correction might be over.
I expect a new leg down towards 200 and I'm looking to sell it in the 400 zone