BNB - Performing great or problem in the makingBNB has been performing very well and the BNB/BTC pair has been great to trade.
But,
BNB had strong bullish momentum out of 43 dollars during the gas wars and it's now looking very top-heavy and possibly making a great short opportunity if BTC were to crash to the 9-14k region
BNB-BTC
A bearish case for BNBWe see a greater downside potential on BNB than in BTC.
BNB has fallen less from its ATH.
BNB has extremely less volume to sustain its current price levels
BNB has to fall twice the same percentage (square of the fall) approximately in order to match corresponding level of BTC in the chart
BNB has way less demand (thus, price support) than BTC
Hence, it looks to us that the eventual payoff of a BNB short is bigger than a corresponding BTC short.
Best regards.
TONCOIN | Continues to grow despite the correction!Hello everyone, I wrote a new idea for you. I think it's easy to like and subscribe to the channel, thanks😉
📌TONCOIN Continues its growth despite the market correction, all because this project has its own ecosystem and there are many further plans for the future.
📌From the technical side, the asset has broken through the countertrend line and is moving towards $1.5
📌I bought an asset when it was trading at $0.9 +70% for a couple of weeks, so far it looks good!
📌 Guys, this is not financial advice, here you already make a decision yourself whether to buy this asset or not.
BNB leads BTC. BNB to $50, BTC to $10khi there, dear fellows.
with all the subjectivity that channel drawing has, we've identified a downward channel in BNB.
it anchors in the top candle on Nov 8th, and bases itself on the bottom of the 2 legs down that followed it.
that showed us we've just tested its top last week, and now we're moving down to its bottom, most likely at $50 on late October.
BNB has usually lead the moves BTC did, thus applying the same rules to BTC we've get the following,
we've just tested the mid-channel
we're moving on to test the bottom
we're likely to reach it on late September in the range 9k, 10k.
thank you.
best regards.
💡Don't miss the great buy opportunity in BNBBTC @binanceTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.01353).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BNBBTC is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 64.
Take Profits:
TP1= @ 0.01418
TP2= @ 0.01472
TP3= @ 0.01529
TP4= @ 0.01690
TP5= @ 0.01954
SL= Break below S2
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💡Don't miss the great buy opportunity in BNBBTC @binanceTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.01353).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BNBBTC is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 63.
Take Profits:
TP1= @ 0.01418
TP2= @ 0.01472
TP3= @ 0.01529
TP4= @ 0.01690
TP5= @ 0.01954
SL= Break below S2
❤️ 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 us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
BTCUSDT | Wedge fulfills according to his scenario?Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Bitcoin today dropped below $24,000 in my last forecast, I wrote that this could happen, what we see now, the price starts to press the bottom of the wedge border, I think when it breaks, we can most likely go down to $23,000-22,800
It is also worth paying attention to the stock market, they broke through the value of $ 4.200, which was local resistance for two weeks, the price was able to break out to $ 4.300. Most likely, we will see a correction soon.
SOLUSDT | Nobody believes anymore? But in vain. Sam will help!Hello everyone, I wrote a new idea for you. I think it's easy to like and subscribe to the channel, thanks😉
This idea is being considered for spot trading in the medium term! Not financial advice, considering a deal solely for myself!
📌Solana is the most undervalued cryptocurrency right now, at least it was a month ago
📌 A project facing a million dollar wallet hack will recover quickly.
📌It should also be noted that the head of the FTX cryptocurrency exchange is closely connected with Solana through several companies. Bankman-Fried invested in the project through his company Alameda Research. He also participated in a $314 million Solana Labs funding round and the creation of a decentralized exchange called On Solana called Serum.
📌We all know how Sam helps underestimated projects, there were rumors that in one of the articles they published what Sam said Quote: who else will help projects like solana if not me
BTCUSDT| Soon we will see $30,000Hello everyone, I wrote a new idea for you. I think it's easy to like and subscribe to the channel, thanks😉
📌 Friends of all again with a profit for those who earned this bullish movement!
📌What is happening now, we were approaching the $24.950 zone We can say that we still could not break through $25k
📌I think the market is now a little overheated after all the news events, a correction is needed and it will continue to break through $25,000 with renewed vigor to gain a foothold there and go to new local highs!
📌Also, if you are interested, read the post, attached on the chart. There I shared my goals for this week. And the icing on the cake was just the same (output of consumer price results)
Guys like and write your comments👇
BTCUST |Short-term trade| There will not be a big rollback of thHello everyone, I wrote a new idea for you. I think it's easy to like and subscribe to the channel, thanks😉
📌 Friends, against the background of the news pump, you probably managed to earn extra money, congratulations to everyone on the profit!
📌 You can start fixing your positions little by little for those who held the position or just managed to get into this btc movement
📌The rule is buy news at the bottom, sell at the top, here I am of the same opinion, I think they will roll back to the $23.000-23.300 zone
📌So be careful, I know someone likes big shoulders, don't be greedy!
Bitcoin analysis 9 augustYou see, the market is overreacting to today's Fed meeting
According to what we know, these reactions have been like this every time, usually the markets go up after that
There is a strong possibility that the market will rise tomorrow and we should expect a bull market
Do not be afraid, no data shows the fall of Bitcoin to 19 and 20, and so far I have not seen anything that indicates a fall and a bear market.
Give yourself a day of rest and see what happens
ETHUSDT🚀 Flying to $2000 Breakdown of the mirror level!Hello everyone, I wrote a new idea for you. I think it's easy to like and subscribe to the channel, thanks😉
📌 Guys, in simple words, what is a mirror level - a mirror level is a level that the instrument broke earlier, and now it bounces back to it from the other side.
💡For more than a year, the $1700 level acted as a support level, now the support is a strong resistance and it was successfully broken through, I think this is a direct road to $2000
Write your comments what do you think about this, can ETH reach $2000?
NEARUSDT |Coin Review|hello, I wrote a new idea for you. I think it's easy to like and subscribe to the channel, thanks😉
I will not paint a lot, I think there is an understandable TA and so.
The NEAR coin is now near the local resistance, I think it can bounce back and show a 5 rebound from the local resistance.
Like and write your comments what do you think about this?👇
BTCUSDT don't rush to go long!Hello everyone, I wrote a new idea for you. I think it's easy to like and subscribe to the channel, thanks😉
📌I want to update the idea a little, today the bears and bulls fought as best they could, and it seems to me that the bears won.
📌Don't rush with longs yet, the goals are the same, I expect a hike towards $22,000
📌Also, if you pay attention to the RSI indicator, there is a clear overheating
📌I think we will see a rebound towards the last high $24.700
FTMUSDT🚀 |Local channel compressionHello everyone, I wrote a new idea for you. I think it's easy to like and subscribe to the channel, thanks😉
📌Fantom is pressed to the upper border of the channel.
📌It can be seen that the asset is testing the channel with a shadow, I think that there is no fuel to exit the local downward channel yet, while we can expect a decline to the middle of the channel or even lower, we will look at #btc
📌While I watch the asset, if I see that we are going down to the middle of the channel, I will gain a position to the zone of 0.3151
Like and comment 👍
XRPUSDT channel compression!hello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
-Ripple is testing up the boundaries of the ascending channel and we immediately see a bearish reaction to lower TFs
-I think the asset will still test this level of resistance from the channel, now we are seeing a strong pressure to this level, I think a true breakdown will happen soon.
BNBUSDT Binance coin reviewHello everyone, I wrote a new idea for you. I think it's easy to like and subscribe to the channel, thanks😉
💡I want to update my #BNB forecast
📌Yesterday's forecast worked exactly by take profit and brought 15%
📌Now you can roll over to short, I think the entry at $280-285 will not be bad, I also identified 2 goals where you can fix your position.
📌Today I already went short with this coin, my entry is $266, my stop is still breathing, I think the market will start to turn around soon, twitter is making noise about it!
ETHUSDT Gaining momentum before an important level!hello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Ethereum is flying into space, I think there is still strength to continue growing!
The accumulation that took place within 9 days can be broken, well, I think if we consider such an outcome, then most likely we will return back to the accumulation zone with a slight rollback down.
BTCUSDT A few hours before the FOMC meeting, important informatihello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
From entry point 3.70% per night. There is a possibility that they can reverse for $20,000. I think it would be better to re-enter the deal, fixing the position completely. I will place orders below $20.222-20.787
There are a few hours left before the FOMC meeting, strong volatility can begin on the market at any moment, so I advise you to be careful. Or a rocket can fly away without diving for $20k
Not financial advice, just sharing my thoughts. Don't forget about stop-loss move to used or positive
BNBUSDT 🚀 Will the channel bounce or not?Hello everyone, I wrote a new idea for you. I think it's easy to like and subscribe to the channel, thanks😉
▫️On the chart we see an ascending channel, at the moment we are in the zone of the lower border, I think we can see a rebound soon.
▫️I placed an order not much below the channel, I think they will be able to swing it after pulling it back into the channel.
▫️The RSI indicator also hints at what to buy
Not financial advice, just sharing my thoughts guys. Then think for yourself and do not forget about your risk management😉
BNBUSDT Review for today hello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
At the moment, the asset is testing the lower border of the channel, I think there will be a rebound from the support line soon.
Also pay attention to the RSI indicator is in the oversold zone.
Do not forget to follow your risk management, the stop was set outside the channel zone in case of a skid.