Crypto market is up today, and after I talk about BNB I will do a quick review about the next market moves. BNB brokw the 505$ resistance and started to run. However I think there is a nice short position to take in the short term, because after that correction I am very bullish on BNB. The RSI should match the price movement in the next days. Whats your thoughts on that?
The market its now depending on BTC, that is looking pretty solid with a incredible support on 58K and feeling very strong on the second support at 60k. Altcoin are catching up, especially Metaverse coins like $MANA. ENJI and SHIB also have very good weekly closes. If Bitcoin breaks the 63500$ resistance I believe the coin is set up for a new ATH. After that we can have a massive Alt season. SPX is also seeing new ATH frequently so markets will have a consistent uptrend before a crash.
That's all. It would mean a lot if you follow, like and discuss my idea. Thanks
The market its now depending on BTC, that is looking pretty solid with a incredible support on 58K and feeling very strong on the second support at 60k. Altcoin are catching up, especially Metaverse coins like $MANA. ENJI and SHIB also have very good weekly closes. If Bitcoin breaks the 63500$ resistance I believe the coin is set up for a new ATH. After that we can have a massive Alt season. SPX is also seeing new ATH frequently so markets will have a consistent uptrend before a crash.
That's all. It would mean a lot if you follow, like and discuss my idea. Thanks
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.