In the crypto market, the largest assets are currently experiencing similar situations. On the charts, we can see that six assets have formed sideways trends. Prices for all six assets are currently at the bottom of these sideways trends. For four assets, the price temporarily dropped below the lower boundary of the sideways trend, where liquidity from sellers...
According to the buying pressure in the market, if the $590 range is broken and the price stabilizes, the price may increase to the $615 range, and if the price is strong, it will reach the $630 range. Otherwise, the price may fall to the range of $555.
Technical Confluences for Trade: - Stochastics are in Overbought Conditions on H4 time-frame - Price action is close to a Resistance Trendline & a Consolidation are - Price action may reverse back towards the previous Demand Zone Suggested Trade: Entry @ Area of Interest 560 - 570 SL @ 580.66 TP 1 @ 552 (Close Half-Position & move SL to Entry level once TP1 is...
BINANCE:BNBUSDT recently broke the key resistance level at 600. The market is probably going to consolidate below the strong resistance and then break through. However, on the 4H timeframe, the market was moving sideways. It broke the top of the range, then retested it, indicating potential trend continuation. On the weekly timeframe, the market formed a massive...
Dear Respected Traders, we hope this communication finds you well. we are convening a discussion focused on #BNBUSDT On The 10H Time Frame📊: The Bullish Pennant Pattern is Formed , Now it's Ready to Break the Pattern In Case of Successful Breakout, Expecting a Bullish Move of 40-50% 🚀 #Bitcoin #Crypto #Ethereum #Cryptocurrency #CryptoTrading #BTCUSDT #ETHUSDT...
Hello my dear reader, we are doing candlestick reading now and we will focus mainly on recent price action. I hope you are having a nice weekend. Sometimes we focus on Elliott Wave Theory as the main system we use for charting/sharing. At times, we focus on the moving averages, oscillators and trend. At other times, we look at correlated markets and so on; when...
Dear Respected Traders, we hope this communication finds you well. we are convening a discussion focused on BNB #BNBUSDT is on a support level in the 4 hr time frame. Soon we will see a bullish move of 70% #Bitcoin #Crypto #Ethereum #Cryptocurrency #CryptoTrading
Hi folks today I'm prepared for you Binance Coin analytics. Some days ago price entered to consolidation, where it first rose to the resistance level, which coincided with the resistance zone, and then at once rebounded from to support level. After this movement, BNB turned around and made an impulse up to the resistance zone, after which it in a short time...
Hello Traders Hope You Are Enjoying Our Analysis. Today We Will Discuss About BNB (Update) On The Verge Of Massive Breakout In 1D Timeframe⚡️ In Case Of Successful Breakout Expecting Massive Bullish Rally✍️
Hi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊 Recently price entered to falling channel, where it soon broke resistance level, which coincided with resistance area. After this, BNB reached resistance line of channel and then bounced down to support line, breaking $604 level again. Then price made downward...
Here we have a symmetrical triangle for Binance Coin vs Tether (BNBUSDT). This pattern for us has a bearish bias due to the fact that related pairs in the same situation are now bearish, take Ethereum as an example. The bearish action we see on the Ethereum chart can easily be duplicated on the Binance Coin chart. ➖ Market conditions can always change though...
Binance Coin is in the bullish territory in the H4 chart. A bullish break-out of $603 will offer more upside towards $619 where the price action will be key. A re-test of $590 followed by a bullish rejection will lead to a bullish move towards $619 and, possibly, higher to $646-$658. An inability to sustain price action above $590 will result in a range-bound...
BNB primed for lift-off! 🚀📈 Riding the Elliott Wave on the 1M TF to new heights! 🌟💼 Are you ready for the bullish journey ahead? 🔥💰 #CryptoTrading #ElliottWaveTheory #ToTheMoon"
Price coming from Daily demand and took out the liquidity on H1 and now ready to target upside buyside liquidity.
🔍As Bitcoin experienced a notable downturn today, catching many traders unaware, it's imperative to reassess market conditions and identify potential trading opportunities. In this analysis, we'll delve into the intricacies of Binance Coin (BNB) and explore various factors shaping its price action. 💎Binance, being one of the most reputable digital currency...
Wait for breakout and breakdown, manage your trade according to your portfolio. Thank you
Hello traders, I want share with you my opinion about Binance Coin. By observing the chart, we can see that the price some time ago started to decline inside the downward channel, where it reached the resistance line at once, and then rebounded down to the support line of the downward channel. Later, the price bounced up from this line and rose to the seller zone,...
Symmetrical Triangle pattern clear on one day chart BNB, rising to 830 USD or 850 USD