#XRPUSD 1DAYXRP 1-Day Chart Forecast:
The XRP cryptocurrency is displaying strong bullish momentum on the 1-day chart, suggesting a favorable buy opportunity. The market appears to be in an **uptrend**, with price action consistently forming higher highs and higher lows, indicative of sustained buying interest.
Key elements supporting the buy forecast:
Uptrend Continuation: XRP is likely following an ascending trendline or breaking above recent resistance levels, signaling the potential for further upside.
Bullish Indicators: Momentum oscillators such as the RSI and MACD may be supporting the bullish outlook, with the RSI remaining in a favorable range and the MACD showing positive divergence or a bullish crossover.
Support Levels: The price may have bounced off a key support level, confirming the strength of the uptrend and providing a good entry point for buyers.
Traders looking to capitalize on the buy opportunity should consider setting stop-loss orders below recent lows to protect against unexpected pullbacks. Profit targets can be placed near key resistance levels or previous swing highs. While the uptrend is strong, it's important to watch for any signs of trend exhaustion, but the **technical outlook favors a buy strategy** for XRP on the 1-day chart.
Binancechain
Resistance | Third wave | 1.272 FibEx - $300On 2H TF
Binance Chain ( BINANCE:BNBUSDT is in Ascending Channel. It's at 265
I figure out a support in range 229 - 237 equal 0.5 FibRe and 0.618 FibRe. We can trader in lower timeframes with these support.
Besides, BNB's dropped out twice nearly 13% and 16%.
So, two support at 229 and 237.
Elliott Wave Theory
- Invalidation Level below 215. Target of next downward at 150.
- Target of third wave at 300
Let's wait and see
The train is coming to station, catch up when it stopOn daily chart
After Covid-19 happened, the crypto market has reached and created All Time High. Binance Chain's ATH at $691,8
Recently, it's moving down and swing around $200 when I post this analysis.
BNB's in the correction wave, exact zigzac wave with Wave C = 1.382 Wave A equal $120.
I figured out that level by Fibonacci Extension and Retracement
We hope to BINANCE:BNBUSDT might be complete the fifth wave at $2,000 after bounce back the support
Time will tell
$ATOM/BTC 3D (Binance Spot) Symmetrical triangle break & retestCosmos Network has pulled back to 100EMA support, seems ready to bounce and resume bullish here!
Current Price= 0.0004900
Buy Entry= 0.0004904 - 0.0004394
Take Profit= 0.0006795 | 0.0009367 | 0.0014620
Stop Loss= 0.0003574
Risk/Reward= 1:2 | 1:4.39 | 1:9.28
Expected Profit= +46.16% | +101.48% | +214.48%
Possible Loss= -23.12%
Fib. Retracement= 0.5 | 0.883 | 1.414
Margin Leverage= 1x
Estimated Gain-time= 7 months
Website: cosmos.network
Contracts:
#Mainnet
Binance Chain (BNB) technical analysisBNB bounced back from the bottom of the ascending triangle pattern; prices reacted to the double line as has happened before. Also, a harmonic pattern also ended at the same time in the same position. So, watch for the downtrend line to break as the third signal for the uptrend wave.
$ZEC/USDT 3D (Binance Futures) Adam & Eve breakout and retestZcash is pulling back towards 50MA support where it is very likely to bounce and resume the up-trend.
Current Price= 171.00
Buy Entry= 170.90 - 153.90
Take Profit= 227.44 | 305.44 | 420.52
Stop Loss= 129.65
Risk/Reward= 1:2 | 1:4.38 | 1:7.91
Expected Profit= +40.14% | +88.19% | +159.10%
Possible Loss= -20.12%
Fib. Retracement= 0.618 | 1 | 1.414
Margin Leverage= 1x
Estimated Gain-time= 7 months
Website: z.cash
Contracts:
#Mainnet
#BEP20 0x1ba42e5193dfa8b03d15dd1b86a3113bbbef8eeb
#BEP2 ZEC-93E
BNB making a classic Cup and Handle pattern on weekly time!!Technical Analysis: #Binance (Daily update):
The ongoing weekly price in the Binance Coin (BNB) market is painting a classic bullish chart pattern with an upside target of $1146. price above the both MA's(21 and 50 MA) which shows that price is still in control of bull as well as RSI at around 60.
Dubbed as Cup and Handle , the pattern appears when the price forms an advance that appears like a U-shaped trend (Cup). That follows up with a formation of a descending channel range (Handle). A breakout above the Handle range typically leads to an upside continuation, with a bullish target at a length equal to the Cup's size.
So it appears that BNB has undergone a price trajectory that looks like the Cup and Handle pattern. Furthermore, the cryptocurrency's latest rally, accompanied by an increase in trading volumes, took its prices above the Handle range—a breakout—that raised the possibilities of bullish continuation ahead.
🥰If you find this helpful and want more FREE forecasts in Tradingview😍.
Please show your support back🙏,
Hit the 👍 LIKE button,
Drop some feedback below in the comment✍️!
❤️🤝 Your Support is very much 🙏 appreciated!❤️🤝
💎 Want me to help you become a better Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let me know how you see this opportunity and forecast.
Trade well, 💪
#BNBCOIN #CRYPTO #BULLISHRUN #ALTCOIN #UPTREND
$TOMO/USDT 1h (Binance Futures) Descending channel near breakoutTomoChain is looking good for a bounce here after regaining 50MA support, more information about that coin on tomochain.com
Current Price= 2.0807
Buy Entry = 2.0857 - 2.0323
Take Profit= 2.2697 | 2.4610 | 2.6433
Stop Loss= 1.8917
Risk/Reward= 1:1.25 | 1:2.38 | 1:3.47
Expected Profit= +20.36% | +38.94% | +56.64%
Possible Loss= -16.34%
Fib. Retracement= 0.618 | 0.883 | 1.117
Margin Leverage= 2x
Estimated Gain-time= 5 days
BNB has pumped a lot and will pump even more!1. Biggest exchange
2. Exchanges coins are hot after getting destroyed harder than many others
3. Only other way to get exposure to exchanges as Coinbase IPO is hot
4. Natural demand from the products Binance offers
5. BSC has grown quite a bit and might grow even more as people migrate from other chains and especially Ethereum
6. Lots of BNB trading pairs and BNB is listed on several exchanges and can be used outside Binance
Chart looks super strong, with the previous ATH in BNBBTC turning into support and now BNB making a higher close. Very promising!
From now on I'll be sharing a lot more stuff here on tradingview. I have no idea why I wasn't doing in before and kept it only for long posts. Now that things are moving so fast, I'll keep posting quality setups. Not much fluff, straight to the point, easy to understand. Before that I was doing it mostly on Twitter and Telegram, but now I'll share more here. It is a shame I can't show coins I talked about a lot in the past and people to get to know me better, but it is a fresh start after being on this platform for 4+ years.
#BNB is moving according to plan#BNB Binance token has swept past the last ATH and firmly moving towards our target at $700.
I would be cautious to enter now, but with such high anticipation for May Bull run price discovery to $800+ is very likely as more and more traders will be pilling into Binance.
Hope you enjoyed the previous analysis and grabbed yourself a bag, please leave a comment or like if you agree to our $700 target.