Keep an eye on $HIGH/USDTKeep an eye on $HIGH/USDT
Falling Wedge upside Breakout is already done in daily time frame. Expecting a massive bullish wave.
Noted: Not a financial advisor.
It's always recommended to carefully consider all the factors and conduct thorough research before making any investment decisions. I suggest seeking advice from a licensed financial advisor.
Binancesignals
Binance Coin longBinance Coin bounced off the support level. Asset broke through the descending trendline. Bullish movement to resistance level at 328 is expected to happen.
BNB as a hedge asset to all marketBNB (Binance Coin) is a cryptocurrency released by the cryptocurrency exchange Binance in 2017. Binance Coin was created to facilitate transactions on Binance and provide users with additional features.
Binance was founded in 2017 by Changpeng Zhao and has quickly become one of the most popular cryptocurrency exchanges in the world. Binance launched Binance Coin (BNB) as its first cryptocurrency in July 2017. BNB was initially issued as an ERC-20 standard token on the Ethereum blockchain but was later migrated to BNB Chain's own Layer 1 blockchain.
BNB was issued in a total of 200 million coins, of which 100 million were sold during the Initial Coin Offering (ICO) in 2017 and the remaining 100 million coins were saved by the Binance team for future needs. Binance uses BNB to pay trading commissions on its exchange and offers additional features for users, such as discounts on trading fees, participation in lotteries, and access to exclusive features on the Binance platform.
Why BNB is worth considering
In the last bull cycle of 2019-2021, BNB posted one of the best returns on par with Solana, outperforming BTC and ETH at the end of the cycle
There is a real business behind BNB in the form of Binance
BNB's Web3 direction is actively developing, BNB Chain regularly holds hackathons, looks for promising development teams and products, and actively implements an incubation program for startups
Throughout the fall cycle in 2022, BNB was the only major asset that showed a positive trend against BTC
From June 2022 to date, the average monthly return on BNB has been aloft
BNB has the lowest covariance value against BTC compared to other major assets, which reflects its relative independence
Risks of BNB
BNB is associated with Binance and in case of problems on the largest exchange, BNB will be under great volatility pressure
BNB Chain network has few validators, 2022 there were examples of network shutdown
WHAT YOU CAN DO
If you are a portfolio investor, consider interest allocations for BNB
If you are a futures day trader who use BNB in different market situations, BNB can show opposite dynamics to the whole market
Thanks for reading our idea and don't forget to hit a rocket and write a comment with your thoughts about BNB
Shib token trend reversal.hammer and hanging man chart pattern finding.
Long Entry at - 0.00000866
Profit book - 0.00000895
stop loss - 0.00000855
Binance Coin shortSymmetrical triangle on Binance Coin chart is broken down. Bearish movement to support level at 290 expected to happen.
Binance Coin shortBinance Coin bounced off the descending trendline. Asset bounced off the resistance area. Bearish movement to support level at 320 is possible.
BNBUSDT DailyHi guys, Hope you well
We have two scenario for binancecoin. I agree with first that go down to daily demand .
SecondChanceCrypto
⏰27/April/23
⛔️(DYOR)
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
Bitcoin next possible planBitcoin next possible plan entry and exit mentioned in chart
HAPPY TRADING 🕊️
Let's cover everything about BTC and what ALTs to trade.This kind of structure is in a lot of uncertainty but we still can find gem on this random price action.
DYDX Long SetupDYDX has a bullish chart, broke the downtrend on the daily timeframe and then started making higher highs, breaking the SMA 200 and then retesting
with rejection forming a Bullish engulfing, I didn't take this entry, so in order to have the best risk reward possible, I'll wait for the price to get closer to our ascending trendline and we'll go long with the confirmation, I'll update the idea as soon as that happens.
MANAUSDT Long SetupMANA recently broke out of the daily descending trendline and the 4h minor trendline, as you can see on the chart, finding support at 0.29, it is trading above the SMA 200 and in my opinion it is a great entry at these levels, with a great risk reward. Thecloser you can buy near support, the better.
We are in a clear Uptrend now.
GALAUSDT POSSIBLE LONG SETUPGALAUSDT is showing clear signs of a rise, for this reason im Bullish, in addition to the buying volume that has increased immensely in the last few days, we can see that it has broken out of the falling wedge and the SMA of 200 and the SMA of 20 on the daily timeframe, in addition to that it has made a bullish engulfing exactly at the bottom edge of the falling wedge.
I'll wait for confirmation and update this idea.
Binance COIN BNB Price Target after the U.S. CFTC sued BinanceBinance and its CEO, CZ, are being sued in the US by Commodity Market Regulators in a complaint that claims the defendants committed “wilful evasion of US law”.
This comes after the SEC Charged Crypto Entrepreneur Justin Sun and his Companies for Fraud and Other Securities Law Violations last week.
Binance is responsible for 61.8% of the global crypto trading. Its Market Share is Huge!
I assume we are about to witness a major selloff in the crypto industry.
My BNB Binance Coin Price Targets:
BNB/USDT short
Entry Range: $310 - 320
Price Target 1: $295
Price Target 2: $265
Price Target 3: $240
Stop Loss: $350
Bnb | Needs More Buyers Bnbusdt
Support can be retested once again, if the interest of buyers is seen on support, BnB will definitely fly.
But for now be careful and show patient.
I am expecting a correction to 290-270$.
Remember: We only give Idea's from our experience and knowledge, it does not mean that it will be 100% correct, the market is always unpredictable, anything can happen anytime.
Always trade with your own research and knowledge.If You Are Satisfied With Our Work Then Join.
BTC and BNB are entering the triangle patternBoth BTC and BNB are entering the possible triangle at the resistance zone. 2 things that can occurs right now is that either the price breaks above the upside or getting rejected and slam down pretty hard. The thing is that when we see a consolidation near strong level of support or resistance, the APEX break out will be very wild and could give a huge effect to the next movement.
Note : BTC since the break out above $25200 level, hasn't retested this region as a support so current break out isn't backed by a strong confirmation.
ETHEREUM IS ON THE BEARISH PATH OF BITCOINHey there crypto enthusiasts, it's been a wild ride for cryptocurrencies this week and ETHEREUM is right in the thick of it!
ETH is currently rockin' a DOUBLE-TOP PATTERN that kicked off around January 1st, 2023. The second part of the pattern has formed just below the NECKLINE, but don't despair - a bullish pinbar has popped up and pushed ETH back to that neckline. This means there's a chance we could see a reversal back up to the $1,500 zone.
Now, I may be a conservative trader, but I'm still excited to potentially short ETH at the $1,500 zone. My targets are set at $1,370-$1,350 for TP-1 and $1,200 for TP-2.
Why $1,200 for TP-2, you ask? Well, that's where the longer arm of the M-pattern (H-1) will be achieved as H-2.
Of course, there are no guarantees in trading, but that's just my opinion. So why not give this post a like, follow me, and share your own thoughts on ETH in the comments below?
Let's keep the conversation going!
BTC IS LIKELY TO GO DOWN A LITTLE WITH FIB38.2 FOCUS My thought for BTC is evident on my chart. I am working the double top pattern on the chart
I am looking at BTC losing some more dollars to fall to FIB38.2 zone which happened to be the $21,400 area...
share your thoughts and opinion on what you are expecting BTC to do
kindly, follow, like, comment and share
Binance Coin (BNBUSD): Very Bearish Outlook! Here is Why:
Have you seen that huge head & shoulders pattern that was formed
on Binance Coin on a daily.
After yesterdays' fundamentals, the price successfully violated its neckline and closed below that.
Probabilities are high now, that the market will keep falling.
Goals: 256 / 243
❤️Please, support my work with like, thank you!❤️
ArShevelev /// BNB Crazy Big Triangle to Breakout!Binance holding nicely during whole bear market phase, and it seems like it will make another good profits for those who entering next bull phase!
$400 is a "musthave" expectations, realisticly prices could be much, much higher in 2025.
Kind Regards
Artem Crypto
BNBUSD Bull flag targeting $390The Binance Coin (BNBUSD) is below its 1D MA50 (blue trend-line) trading inside what seems like the early stages of a Channel Down ever since the rejection on the 336 Symmetrical Resistance (which has formed 3 tops since May 23 2022).
The last such rejection though formed a similar Channel Down (red) that ended up being nothing more than a Bull Flag that later made a Higher High. The Higher High bias emerged as the pattern since June is a Channel Up. This time BNB has the 1D MA200 (orange trend-line) as a Support and not as a Resistance and is coming off a 1D Golden Cross.
We are bullish and our first target is Resistance 1 (398.0) and if we get a 1D candle closing above, then extension to Resistance 2 (460.0).
P.S. We have been medium-term bullish on BNB since December:
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BNB to $1000 by Jan 2024BNB has multi time frame squeezes. And the most powerful of all has been set up in the monthly chart. This is monthly price action so each bar represents one month. If the monthly squeeze fires to the upside we will see BNB to move past $1000 by the end of year. There is a confluence in money flow indicators as well. I will place a position trade on this for a long term play with a stop at 250 level.
1inch carving for a single digit soon Trade idea ->
CMP - $0.57
MCAP - $458M ( Competitor $UNI Mcap $5.3B )
Key Support Levels - $0.51-53 ( DCA Entries )
Resistance Levels - 200D MA around $0.629 ( flip and hold will be a easy peasy )
Price is above crucial support above $0.49
Yearly open @ $0.378
Trade idea invalidated if daily closes below $0.46 also depends on #BTC haha, if it nukes to $20k #IYKYK :
Tokenomics -
274,286 1INCH Tokens unlocks on 22/02/2023 ( Approx $158K )
Next major unlocks are in June 2023.
The major trend line since 14 months has finally broken !!Ray looks so bullish in daily time frame.
A trend line since more than 14 months has been successfull broken
We expect 250% bullish raise in next days
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Good luck💙
