Launched in July 2017, Binance is the biggest cryptocurrency exchange globally based on daily trading volume. Binance aims to bring cryptocurrency exchanges to the forefront of financial activity globally. The idea behind Binance’s name is to show this new paradigm in global finance — Binary Finance, or Binance.
Aside from being the largest cryptocurrency...
This is my description:
Purple Lines: Support & Resistance (for a week) “VERY IMPORTANT”
Blue Lines: Support & Resistance (for a day) “IMPORTANT”
Orange Lines: Support & Resistance (for a 4H)
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Well, as we can see, the price started to grow exactly according to the previous analysis with the failure of its resistances, and so far it has grown by more than 10% ... The next target is $ 518 and the next target is $ 690 ...
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @Ar_M_An_4
As you can see we have a ascending triangles that breaked.
So now we have a point to enter...
In daily timeframe we have an important resistance at 500 to 510
So if we merge daily and 4h timeframe we can conclude that :
Place pending on 511$
Entry point : 511$
Merge chart and fibo
Target 1: 536$
The target for working out the triangle.(650-700)
Breakout of an inclined triangle of a triangle
Lack of strong volume resistance. The expectation of strong growth.
Volume breakout confirmation. This means that a possible false breakout can be excluded.
BNBUSDT trade will complete head and shoulders pattern. after that there is two pathways for BNBUSDT trade. One is correction around 23% fib level where you will get good lower price to re-enter for rally. Supply zone area is showing buy yellow rectangle. Second path is fundamental based. If trade crosses above $530 level then trade will move up without correction...
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(BNBUSDT 1W Chart) - Mid-Long-Term Perspective
186.1-211.7 or higher: Expected to create a new wave.
Resistance range: 526.6-588.0
Just now, BTC broke out from a mid-term resistance line, retested, then pumped hard to 55555usd. I see similar pattern on CAKE. The breakout is imminent. I don't predict price of few days. Let's see the real bull run target.
Now CAKE is in a half-year correction. It finished a classic Wyckoff re-accumulation phase and entered...
Binance has initiated a $1 billion growth fund for Binance Smart Chain, in aid of accelerating the adoption of digital assets and blockchain technology.
Are you hyped?
This is a HUGE bullish news for Binance Coin. Basically the Binance Smart Chain is what took BNB from $10 to $690. With an extra billion investment into the coin, Binance seems serious to make...
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- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to...