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BNBUSDT Triangle FormationBNBUSDT Technical analysis Update BNBUSDT currently trading at $312 Symmetric Triangle Formation BNB 30% up from the bottom after big up move i's consolidating from four days and formatting symmetric triangle, I'm expecting BNB up trend will continue... Buy level : Above 316.00 Stop loss: $304.00 TP1: $322.00 TP2: $332.00 TP3: $340.00 TP4: $360.00 ALWAYS KEEP STOP LOSS Note: please do your own research before investing. Never invest money that you can't afford to lose.
Long
by HexaTrades
1
UNFIUSDT Good Buy!UNFIUSDT Technical analysis Update UNFIUSDT currently trading at $8.90 Triangle Formation In the above chart, you can see the triangle pattern breakout from its resistance and the price two times touched below the support line. 23rd July peak (resistance) acts as a support for this triangle pattern. I'm expecting the price goes up from the support. Buy level: Above 8.60 Stop loss: $8.010 TP1: $9.45 TP2: $9.70 TP3: $10.35 TP4: $10.95 Always Keep stop loss Note: please do your own research before investing. Never invest money that you can't afford to lose.
ULong
by HexaTrades
1
Binance - a potential trade 🧨🧨A potential trade on the Binance chart. While drawing the idea, the price broke through the triangle. Before that there was a squeeze to the upper boundary of the triangle, this is a good signal before a breakout. Targets are marked above, most likely price will come there as there is a large liquidity zone. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
by Yuriy_Bishko
8
Binance - a potential trade 🧨🧨Yesterday bitcoin was up 11%, which is quite a strong move, after which most altcoins started to rise following bitcoin. Now on the smaller timeframes, we can see formations for a continuation of the local trend. Just on Binance one of them appears, if bnb breaks the upper boundary of this formation and tests it, it could be a good opportunity for a local move up into the area noted above. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
by Yuriy_Bishko
7
ZENUSDT Wedge Pattern Formation!ZENUSDT Technical analaysis Update ZENUSDT currently trading at 53.75 Wedge Pattern Formation. You can see in the chart four times it reversed from the resistance line and three times bounce back from the support downtrend line. After 60 days of continuous 75% correction finally, it breaks the wedge pattern (resistance line), we can confirm this breakout because the daily candle closed above the resistance line and volume also increased compared to the last 30 days. I'm expecting a small retracement in few days after that we can expect an up move. Buy level : $50.00- $55.00 Stop loss: 39.00 TP1: $72.00 TP2: $85.00 TP3: $115.00 TP4: $160.00 TP5: $200.00 Note: please do your own research before investing. Never invest money that you can't afford to lose. Every investment involves the risk of losing the entire invested money.
Long
by HexaTrades
1
Binance burned coins! What's next, a 20% drop? 🔥🔥Binance has burned $390 million worth of coins. If you watched our last analysis on Binance, in which we broke down the entire coin burn history, then you know that out of all 13 coin burns, bnb fell 10 out of 13 times, by an average of 15-20%. If you look at it from a technical analysis perspective, bnb has broken the trend line and tested it as resistance. The nearest support level below is at 233$, from the current values it is more than 20%, which is quite possible for this scenario. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
Short
by Yuriy_Bishko
13
🚧 Binance is going to burn $1 billion 🔥🔥Binance coin will conduct a coin burn in the coming days, and from a fundamental point of view, this is pretty good news, as demand increases as supply decreases. Let's take a look at how the price has historically reacted to this process. Statistically, after burnout, the price falls more often than it rises. 10 out of 13 burnout cases ended up with an average price drop of 15%, and only in 4 cases did the price rise. This time is likely to be no exception, and the price will also react to this burnout. This proves once again that news does not always have a positive effect on price movement, and the first thing to do is to work on the trend and understand the price dynamics. Only knowledge will help you do that, and Biko Academy will help you with the knowledge. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
by Yuriy_Bishko
10
BNB Technical analysis , what is next?Technical analysis is one of the many tools available for traders. Technical analysis examines the history and records of a particular coin along with its price charts and trading volume. To teach technical analysis, you can refer to our article in Bitcoin Digital Currency Academy entitled What is technical analysis and what is its use? BNB digital currency is always considered as the biggest and most important Altcoin after ETH. At BitPin academy, we analyze many coins every week. Invest in the future...
by Bitpin
Bitcoin Index ($XBT) Analysis by imRedaSouhail#Bitcoin Index $XBT Analysis🧩// Head and Shoulders. ----- Bitcoin is still Bearish📉 A head and shoulders pattern is a chart formation that appears as a baseline with three peaks, the outside two are close in height and the middle is highest. as technical analysts, a head and shoulders pattern describes a specific chart formation that predicts a bullish-to-bearish trend reversal. ----- Bitcoin index may get a bullish correction to retest its previous Broken Neckline and we might see it act as a resistance level for The $XBT index. ----- ISMASHPROFIT 💎
BITMEX:XBT
by TopGBanks
1