Long time since I didn't post feels good to be back.
This is my next investment idea which I have dedicated a good chunk of my crypto portfolio.
You will have everything explained in the graph. The first two purple lines and the grey box are the zones to brake for the price to go further afterwards there's not much to say. Fundamentally, I cannot...
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here personal message, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
If u like the analysis, please...
BTC is cruising towards $20k, and I believe it will head on towards $240k before we know it.
That being said, the ride will be one helluva rollercoaster. I'm expecting some profits will be taken around the ATH for BTC and that about aligns with the end of this falling knife for BNBBTC.
There is MASSIVE DIVERGENCE on the Daily TF and WEEKLY and we are...
💎Technical Analysis Summary💎
-BNB rejected around 31000s sat area after a strong pump last September 7
-The Bears send Binance coins back to its previous consolidation range
-We still have a few hours left before the weekly candle closes
-This is a Bearish engulfing candle as we can clearly see
-So please take precautious entering a trade
At the moment BNB/BTC is consolidating around 18k sat. We might soon see a reversal happening: a bounce from the lower trend line of its wedge. The wedge has been holding strong for over a year now, will it continue to hold?
Before entering the trade, make sure that the reversal is actually confirmed. If a daily candle manages to close above 19.5k sat, we might...
BNB/BTC broke through a major support (now a resistance) two days ago. Bearish sentiment has not stopped or reversed, but instead signalled that it wants to keepo dropping. Bitcoin's dominance is not going to diminish anytime soon, meaning bad news for the X/BTC pairs.
The next major support line is found around 12.3k sat, ie the November 2018 lows which...