Hello everyone #Binance Coin did a #doubletop and is now #consolidating in an #equilibrium pattern. I would wait for a break of this double top for the best safest risk to reward, should be looking for a break sometime tonight or early morning.
- Hanging between Support & Resistance From Last 30 Days.
- Now i'm Expecting Bounce Up from Here.
- Binance US is Coming Soon
- Binance Launchpad Format Has Changed. (Much more attractive to participate in the IEO now.)
- Binance Dex Listing Quality Projects.
Please, give us your opinion in the comments!
If you like...
Before I explain the strategy, here is a little story.
Not earlier than yesterday, I got a very constructive comment:
"Why should I buy your scripts ? If really they were working you would be on permanent vacation."
The guy was right and I think the same towards people who sell their knowledge on the internet.
However what he didn't know is that I was...
Update on BNB's recent price developments,
Points to consider
- Still respecting the 4 hr uptrend when zoomed out
- Broke key resistance (Green Zone), now turned support
- Price initially rejected at $31.80 area and retraced to the .618 Fibonacci line
- RSI respecting up trend
- Volume slightly declining
BNB needs to break current resistance...
Today analysis BNB coin
I can say a lot of good words about CEO binance CZ, about the team and the strategy for promoting the exchange and their coins, but I look at the chart and now I will explain what I see and why.
BNB is one of the most liquid coins on the binance exchange, because of...
Thesis on BNBUSDT, flex zone approaching, equilibrium playing out...
Points to consider
- Overall daily trend is bullish
- Stoch is neutral
- RSI neutral
- Equilibrium is playing out on the 240 time frame, a breakout any direction is possible
- Volume declining, signalling a breakout
- Fib retracement to .618 acted as support, right now...
BNBBTC Daily Chart:-
BNBBTC looking good for Short entries.
But be carefully we can see some spike in short time frame.
So According to chart in daily chart 50 MA crossed 200 Ma up to down side.
So guys not open long position for holding.
I am waiting for good setup for short and also waiting for Long setup bellow 0.00150-0.002 BTC .
Never enter any trade...
Chart courtesy of Brian Beamish from The Rational Investor
Epic Gartly harmonic setup
Price hit the target of .618 (Kill zone in red)
Looking for a retrace to the 618 (Reload zone in green)
Bull falling a sleep in volume
Big notches in the POC
Hello traders and guys. Looking at the chart, Crypto Total Market is yet bullish!
Total MarketCap is tested Daily EMA50 line and bouncing up from EMA50 line and probably showing Inverse H&S as you can see in my chart.
However BTC Dominance was quite huge this year 2019 and now showing Rising wedge chart pattern.
Bitcoin is the king of crypto and the safest...
BNB made a big H&S past 2 months, it broke the neckline 2 weeks ago, made quite the dump, but went back above the neckline just as fast again. Usually this is a sign of a bear trap. To what end, i don't know, meaning don't know if will see a new high again or that it's just a bear shake out.
That slow drop we have had the past week or so, with dropping volume,...
Looking at BTC on the daily
Nice M top come in defining a top
Failed the .382 fib, will we visit the 50%? On the 4h BTC is heavily oversold so we could potentially see a bounce
Looking for a retrace in the reload zone
Double distribution with 2 POC's
Big notch in VPVR around 5000 (VPVR like to be filled in)
Bulls dropping in volume
OBV breaks bearishly
BNB has gained bullish momentum after the exchange announced the next project on Binance Launchpad. BNB balances for its users will be recorded from 2019/08/09, so there is a strong incentive to buy the coin in order to get a chance to participate in the IEO.
Binance Coin / USD Short-term price analysis
Binance Coin has a bullish short-term...
Looking at WAX on the daily chart
Willy just came out of stupid testing the -50 line. Break up and we have a bullish signal, reject the -50 and we come back down.
Histogram looking nice and healthy and recently firing off a bullish div
OBV looking very nice and healthy with positive money flow coming into the asset (People are accumulating)
Bulls stepped in...
Guys as last chart of BTC % dominance I told you this can hit Resistance level and now hit 71.5% resistance level and rejected.
If We again break upside 72% BTC dominance then next Target will be 80% and More altcoins blood bath.
If Its is rejected then my Next Target 60%-65% and altcoins can grow 50%-70%.
So guys always keep in mind BTC dominance also.