After the breakout, BNB is forming symmetrical triangle around 280 ranges which usually breaks out. Target is 320 areas!
1Inch has breakout the bullish triangle and reached to the price of 4.52 before breaking down from the ascending wedge. Interestingly, it started the making descending wedge is the sign of 1Inch being bullish. DYOR and take the trade. #SyedMuneebAli
As updated earlier, BNB has been forming an elliott wave pattern and the breakout has taken place. This is where we can expect BNB now if the BTCUSDT rally as per my analysis.
BTC has breakout the W last night at 49k$ which is extremely a bullish sign. Also, we know that BTC has been forming an inverse head and shoulder pattern on 4h chart which is a bullish sign but starting from March 1, a head and shoulder pattern was also forming on smaller timeframes which was a bearish sign. Now, everyone was confused if the BTC will respect the...
After the successful completion of ABCDE12 Elliott Wave Pattern, BNB is out to go to the moon but a general disclaimer is that BTC has all the dominance, so eyes on BTC! ;)
ADA has been attracting eyes from this week and is all over the news. It is currently in the last wave i.e. wave 5 of 12345 Elliot Wave Pattern.
#EOSUSDT Below 3.83 entry Take Profit 1: 4.34 Take Profit 2: 4.95 Take Profit 3: 5.59 Take Profit 4: 6.02 Stop Loss 3.23 Reward: 50% According to technical analysis , EOSUSDT is making expanding wave pattern ABCDE which usually breaks up. #SyedMuneebAli
ADAUSDT is making ascending triangle which usually breakout upwards.
Here is what I see in BTC 4 hour chart. It is making a rising wedge pattern and the apex of the wedge is touching the 75k to 80k price region. So, yes according to this technical analysis, we'll see BTC near 75k around mid-April. Selling pressure increases as the price rising towards the apex of the rising wedge so we usually see a downward breakout. In that...
I have put an analysis about BNBUSDT a couple of days ago and people were like "The falling wedge, instead of breaking up broke down" but let me clarify what happened to it. "#BNBUSDT Below 260 entry Take Profit 1: 276 Take Profit 2: 300 Take Profit 3: 350 Take Profit 4: 413 Stop Loss 196 Reward: 40-60%" Due to BTC dominance, the market always shakes hard...
#BNBUSDT Below 260 entry Take Profit 1: 276 Take Profit 2: 300 Take Profit 3: 350 Take Profit 4: 413 Stop Loss 196 Reward: 40-60% According to technical analysis, BNBUSDT is making falling wedge in every timeframe which usually breaks up. #SyedMuneebAli
BNB is making a falling wedge pattern after making ATH at around 350. A few hours ago, it also made a false breakout which hopefully liquidated many positions. Now, it seems like BNB buyers are getting in the form. If it breaks the 339 mark and stays there for a while 380 and 420 are next stops.
So, BNB has been making a bigger bullish symmetrical triangle which a bearish baby symmetrical triangle. 290 Support seems strong enough. I'm optimistic about BNB and believe on my soldiers i.e strong supports of 265 and 242 :) What do you think? Comment.
ADA has just broke up the symmetrical triangle! Bull is out in the court, keep an eye on it!
#LINKSUSDT #UPDATE 33 entry 1 (60%) 31 entry 2 (40%) Take Profit 1: 33.64 Take Profit 2: 35.30 Take Profit 3: 37.45 Take Profit 3: 40.24 Stop Loss 29.024 Reward: 25% According to technical analysis, LINKUSDT is making a bullish symetrical triangle which usually breaks up.
#LITSUSDT 11.07 entry 1 (60%) 10.64 entry 2 (40%) Take Profit 1: 12.36 Take Profit 2: 14.59 Take Profit 3: 16.87 Stop Loss 9.85 Reward: 50% According to technical analysis, LITUSDT is making falling wedge pattern which usually breaks up.
I posted BNBUSDT analysis days ago which hit TP1 but due to the massive dump, was unable to hit the other two BUT as you know patience is the KEY IN TRADING, so yes, BNB is again on the track!