Is Bitcoin ready to rebound from the trend?!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
Today we’ll go through local schedules.
The local Bitcoin chart looks interesting. In theory, we may see a test of the local trend - for this we need the price to go down by -1.76% from current values.
I currently have no positions in BTC. I want to watch the local graph above. Perhaps I will try to take a scalp position from a trend test if the price gives a correction to this zone. If I'm in position I'll let you know
BNB
Retesting the trend line and growth!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
Technical: the asset price on the local chart may retest the trend line, from where I expect to see a rebound. I am entering a position now with a small gain at the trend line.
Deal plan:
▪️Entrance - 0.2484/0.24$
▪️Stop - 0.2231$
▪️Take - I will update.
Guys, try to respect the risks - this is an altcoin that can show strong volatility at the moment!
ALPINE| On a rebound from the support levelHello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
Locally, the coin has lost a strong % in price; the buyer can become active near the 0.236 Fibonacci zone. You can try to go a little higher than the level.
Deal plan:
Entrance - 1.760/1.730$
Stop - $1.653
Take - $1.9
Guys, don’t forget about risk management and follow the risks!
✴️ Prepare For Change | Better Safe Than Sorry (BNB Weekly)How would your trades, your positions, your portfolio, your balance, your Crypto be affected if there is a "change of management" in this exchange?
I've seen sometimes where funds become stuck for a long time while certain legal situations are clarified.
Sometimes a portion is lost, other times refunds can happen fast but with limitations...
What I've never seen is a smooth, painless ride when there is a sudden, surprise, out of the blue "change of management".
One of the most famous saying in the investment world goes like this: "Do not put all of your eggs in one basket".
This is of course a precaution method.
If you have all of your eggs in one basket and for whatever reason the basket falls, you are going to lose all of your eggs, but if you diversify, run away, you might end up being completely safe.
The market normally moves as one.
The market moves as a single living unit...
Binance Coin produced waves in 2021 just like Bitcoin did.
Somehow, this isn't the case anymore...
While Bitcoin weekly is up, facing resistance, Binance Coin is down, facing support.
I have no idea what is going to happen.
We can never guess what the world has in store for us.
But something that you get used to having today, tomorrow can be gone.
TA
Binance Coin (BNB) is trading above MA200 as the last support.
This week it moved below EMA300 on multiple long-term bearish signals.
Here is the weekly MACD:
- Moved bearish.
- Red histogram.
- Jumping off a cliff.
This is in stark contrast to BTCUSD.
Here is the RSI:
- It sits at 36.
- Bitcoin's weekly RSI sits above 60.
What one does, the rest follows?
Nope... There is something going on.
The charts are giving a strong warning that Binance Coin might detach from the rest of the market and this can only mean the worst.
Namaste.
Binance Is Purchasing BTC To Defend BNB - DOJ FRAUD BINANCE
What does FTX > Luna > Binance all have in common?
They have a token that has absolutely no real business model that falters then collapses unless you defend the asset backing your entire operation.
Binance's entire operation > force Eth high fees > layer two's > hold off on lightning adoption > coin listers pay Binance a fee to list their "Solution tokens" Binance pre allocates to these tokens > Binance sells these tokens and purchases BTC and BNB.
Its a MLM scheme right in front of your face.
Bitcoins on exchanges continue to fall (on all exchanges) the same time BNB gets bought up meaning somebody is selling "alt coins" pure schemes to purchase Bitcoin then transferring it to Binance.
You can pull up data on Crypto Quant every time BNB's price starts to fall and look weak large amounts of ALTs is sold on the open market > to BTC then transferred to Binance > BNB Rises.
Multiple Issues here we will find out soon
1. Is Binance using derivatives to leverage trade profits in short term moves?
2. Binance using their reserve funds from marketing scam coins to manipulate short term VOL on pairs while selling back into BTC > Binance > purchasing up BNB tokens.
3. BNB Is still looking weak after all this meaning there is very little real buyers left this is almost like the Japanese Bond YCC but this is not a sovereign state this is a crypto exchange.
The question is Luna & UST lost majority of their Bitcoin trying to defend their token.
FTX lost majority of theirs doing the same
What is Binance's play here? why can't they come clean in the USA and register as a legitimate company and take the losses like Coinbase? Simple Coinbase lost the lead to Binance due to committing large fraud accepting bribes and pre purchasing tokens to dump on retail "their customers" they swore to protect.
As much as Coinbase had the alt coin casino going I don't see much evidence they did fraud on top of trying to capture the Alt Coin boom. Otherwise they would have been shut down by the SEC.
Even if I'm wrong on this, I suggest people assess the situation, I almost feel a MT Gox happening where assets freeze up and the exchange becomes locked and they blame the DOJ, this is code for CZ running away with your capital.
CZ is the most corrupt person in the space right now like a Bernie Madoff even worse than Sam, at least Sam talked and you could sense he had absolutely no clue about Finance, CZ on the other hand shows he knows exactly what he is doing, coming from a market maker trading firm that was manipulating real markets in China I'm not shocked.
CZ because of his history believes he can outlast this period and go again in a new cycle, but as the "Hex" fraud "NFT" frauds "Eth' fraud starts to crack the underlying "new customers" to give liquidity to Binance dries up forcing Binance to use their reserves.
U.S. DEPARTMENT OF JUSTICE OFFICIALS ARE CONSIDERING FRAUD CHARGES AGAINST CRYPTO EXCHANGE BINANCE
BNB/USDT 4H ChartHello everyone, let's take a look at the BNB to USDT chart on a 4-hour time frame. As you can see, the price has fallen below the local uptrend line.
Let's start by determining the support line and after unfolding the Fib Retracement grid, you can see a strong support zone from $229 to $217, and then there should be support at $202.
Looking the other way, there is resistance at $253, and then there is a resistance zone from $262 to $272.
Looking at the CHOP indicator, we see that there is a lot of energy for the move, the RSI indicator shows a slight upward movement with room for price declines again, while the STOCH indicator rose to the upper part of the range despite a slight price movement.
ICON| Local deal in Long!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
There is a local downward trend that is about to change into an upward trend, I think that after a small correction we will go for a breakout of the countertrend line, ETH still looks long...
Deal plan:
Entry - $0.2585
Stop - $0.2419
Take - $0.28
Guys, be careful, the coin can show high volatility at the moment, follow risk management.
BTC/USDTBitcoin has been on a wild ride, soaring from 25,000 to 38,000, and is now in a consolidation phase marked by a symmetrical triangle (that orange highlight). This triangle's breakout will likely set the tone for the market for the rest of the year.
If BTC breaks upward, closing a daily candle above 38,000, it could signal a bullish run toward 40,000. On the flip side, a break below 35,600 on a daily closing candle might mean bearish momentum, possibly leading to a drop towards the 30,000 - 32,000 support zone.
Did you find this crypto market analysis helpful? Stay updated about the latest crypto market update.
Please continue to follow my analysis and feel free to ask any queries, you may have. I am here to assist you.
TradingView: @FarmanBangashh
Ethereum seems poised for a rebound to $2,100Hello, trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
Opened a scalp position in Long!
#ETHSCALP
A position of 5% of the deposit is long with a short stop loss.
▪️Entrance - $2045
▪️Stop - $1995
▪️Take - $2150
The technical chart looks like a rebound on a retest of a local countertrend.
Binance Coin(BNB) is following the 🚩Symmetrical Triangle🚩!!!Binance Coin(BNB) is completing a symmetrical triangle between two 🟢support🟢 and 🔴resistance zones🔴.
Corrective movements are all zigzag, and currently Binance Coin(BNB) is seen near the resistance zone and the upper line of the symmetrical triangle, and also, there is a divergence between wave A and wave C in the previous corrective structure.
So I expect Binance Coin(BNB) to decline at least to the lower line of the symmetrical triangle (around ➖17%).
Binance Coin Analyze ( BNBUSDT ), Daily time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
BNBUSDT.1DBased on the provided market data, the BNB/USDT pair is currently trading at $232. The Relative Strength Index (RSI) for the 4-hour chart is at 33, indicating that the asset is nearing oversold conditions, while the Moving Average Convergence Divergence (MACD) is at -3.2, suggesting a bearish trend. However, the Bollinger Bands (BB) at 266 suggest that the asset is trading within its normal range.
The support levels on the 4-hour chart are at $225, $220, and $213, while the resistance levels are at $246, $255, and $265. If the price breaks below the first support level, it could go on to test the second and third support levels. On the other hand, if it breaks above the first resistance level, it could test the second and third resistance levels.
The RSI on the daily chart is at 45.81, which is neutral, while the MACD is at 3.7, suggesting a bullish trend. The support levels are at $227, $219, and $210, while the resistance levels are at $244, $260, and $269.
On the 7-day chart, the RSI is at 50.07, which is neutral, while the MACD is at -8.4, suggesting a bearish trend. The support levels are at $224, $200, and $184, while the resistance levels are at $262, $300, and $348.
In conclusion, the BNB/USDT pair is currently showing mixed signals. Although there are signs of a bearish trend on the 4-hour and 7-day charts, the daily chart suggests a bullish trend. Therefore, it would be wise to keep a close eye on the market and make decisions based on further market movements.
BNBUSDT - Price can bounce down from resistance area to $220Hi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊
A few days ago price entered to rising channel, where it reached $235 level, which coincided with resistance area.
After this, price exited from channel, broke this level, and started to trades inside flat, which it rose to next resistance level.
BNB failed and some time traded near $256 level in flat, but later price made strong upward impulse higher than this level.
Thereby price exited from flat and soon it bounced down to $235 level, making fake breakout of $256 level.
Also recently price broke $235 level too, and now BNB trades close to resistance area, so maybe price can rise to this area.
Then Binance Coin can bounce from resistance area and continue to decline to $220 level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Binance Whale Accumulates 2800 BNB Amidst Money Laundering ProbeThe BNB crypto token is creating quite the bustle within the cryptocurrency universe following Binance’s recent money laundering probe.
Simultaneously, a significant whale activity caught the eyes of crypto market enthusiasts as it accumulated notable amounts of BNB as of today, November 22.
The whale accumulation of BNB comes after Binance’s settlement with the US Department of Justice (DoJ).
Whale Accumulating BNB
According to recent market data offered by Lookonchain, a platform offering on-chain metrics, following the settlement between Binance and the US DoJ, a whale, previously known for accumulating BNB, once again amassed significant amounts of BNB.
As per the data, the whale accumulated 2,732 BNB, amounting to $646 thousand today, November 22. Furthermore, the same whale, accumulating BNB at price lows, stockpiled a total of 17,152 BNB at an average of $253 since May 10.
The aforementioned on-chain metrics caught the eyes of crypto market enthusiasts primarily due to Binance’s ongoing money laundering saga. BNB, or the Binance coin, is a cryptocurrency jacked and backed up by Binance, one of the world’s leading cryptocurrency exchanges.
As a result of the money laundering chronicle, the exchange’s credibility and reliability in handling significant amounts of cryptocurrencies has come under scrutiny.
BNB Analysist
As of writing, the BNB price witnessed a substantial downfall of 9.62% over the past twenty-four hours, reaching $234.07 today. Furthermore, the trading volume witnessed a significant jump of 58.68% over the past day.
The BNB price crash seems to fall in line with Binance’s recent DoJ settlement, where Binance pleaded guilty and agreed to pay over $4 million to resolve the DoJ’s investigation into violations related to the Bank Secrecy Act (BSA), failure to register as a money transmitting business, and the International Emergency Economic Powers Act (IEEPA).
BNB Binance Coin The Big Short - CZ to Step Down & Plead GuiltyIf you have`t sold the Bearish Pennand doubled by fundamentals here:
or The Next FTX article:
Then:
Binance Founder Changpeng Zhao to Step Down and Admit Guilt!
The CEO of Binance, the world's largest cryptocurrency exchange, is set to resign and plead guilty for violating U.S. anti-money-laundering laws, as part of a deal aimed at allowing the company to maintain its operations, sources familiar with the situation revealed.
Changpeng Zhao is expected to make his plea in a Seattle federal court on Tuesday afternoon, according to recently unsealed court records. Simultaneously, prosecutors unveiled charges against Binance, owned by Zhao, for offenses related to money laundering and sanctions. Binance is also slated to plead guilty.
Considering these developments, I anticipate a decline in the value of the BNB coin.
Curious what are your thoughts on the potential price decrease?
CZBINANCE is leaving! Will BNB coin rise again?Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
The week certainly turns out to be powerful for events, and the market reacts accordingly...
Let's start from the beginning: technical analysis on the BNB chart shows a double test of the global countertrend line, and so far everything is unsuccessful, there is no breakout! But we received a noticeable pullback, where I decided to average my long position. Of course, the news background played a big role in this volatility. I think without him we would have dropped to $300 a long time ago, but now we’ll have to wait a little).
CZ IS LEAVING BINANCE, IS IT BENEFITABLE FOR HIM?
Yesterday's announcement about the resignation of the CEO of Binance, of course, came as a surprise, and the market began to react in both directions, “destroying” everyone in a row - this is already a classic: if you hear news about CZ and BINANCE, then expect that they will start shaving everyone
According to some analysts, if Binance settles the issue with the Ministry of Justice and pays the imposed fine of $4 billion, then the greatest pressure will be removed from the cryptocurrency market, and the start of the next bull market will not be long in coming. It turns out that all this time CZ was a brake on the bull? Or they are simply accelerating fomo, and the latest growth was the peak this year. What do you think?
And a few of my thoughts on everything that is happening) Yes, perhaps the authorities have put a lot of pressure on CZ, and he has to take the most extreme measures (leaving the exchange, paying a large fine, etc.). But I will never believe that CZ would just give up. I think he always makes decisions in his favor, and his departure is simply to remove unnecessary attention from his brainchild and himself. CZ won’t just leave it like that, he will still punish his offenders. Remember what he did with FTX - they were his direct competitors, and SAM had a strong team behind him, and most importantly, SAM had connections in power. And where is FTX now, and where is SAM?
What I mean is that the more negativity that surrounds BNB now, the stronger the bullish blow will be. At the moment more time is needed.
What will happen to BNB in the coming days?It's been a while since BNB has a lot of margins.
Have a look at the BNB chart. Price seems to be playing within a diametric.
It looks like it is now completing wave E of this diametric.
From the green range, the D wave can rise again to the ceiling of the D wave to complete the F wave and then fall for the G wave.
We expect such behavior from the price in the coming days
Binance coin rocky road- Not a good picture for bullsAfter finding solid support just above the 200 mark in August, Binance Coin began a period of consolidation. This phase was followed by a break to the upside and a rise, fueled by a renewed wave of enthusiasm within the cryptocurrency market.
But, and there is a big BUT...
Looking closely at the recent price action we see that after the break of the consolidation to the upside, the coin lacked meaningful continuation and started to consolidate again.
More, the spike from 2 days ago was met with selling power, and yesterday, again, the rise was reversed strongly, leaving an immense bearish engulfing candle on our daily chart( approx 20% the range of the candle ).
All these signs are not bullish at all, in fact are hugely bearish.
In conclusion, I'm looking to sell BnbUsdt on rallies around 250 with negation above recent spikes.
A conservative target for this scenario would be the 200 zone. However, it wouldn't be surprising if we see a breakthrough beyond this level as well.
Where next for Binance?On November 21, the price of BNB surged to a five-month high of $274. The intraday surge in BNB, however, was swiftly undone when more details on the DOJ's settlement with Binance became available.
Changpeng Zhao (CZ), the CEO of Binance, will enter a guilty plea on charges of breaking criminal anti-money laundering regulations. In addition, #binance will admit admission to a criminal offense pertaining to transgressions against money laundering, which will carry a hefty fine.
In addition, it is anticipated that CZ will relinquish his position as CEO, with Richard Teng being a possible replacement.
Given the continuing legal disputes involving the cryptocurrency #xrp between the US Securities and Exchange Commission (SEC) and Ripple Labs, this settlement may be viewed as a triumph for regulators.
If these cases are successful, values may rise and there may be an increase in trust in the crypto industry as a whole.
The news has been priced into the crypto market, leading to extreme volatility in Bitcoin and other altcoins.
High Chance We See BNB/Binance Collapse before Year End.Factors listed below
Binance losing card deposits / bank transfers has cut the entire liquidity off that binance was using to "market" to new people
Binance: Hot Wallet 20 10,977,123.66058318 BNB 45.43435845%
Binance: SAFU Wallet 1,364,102.15161748 BNB 5.64602423%
The rest of the holders of "BNB" are 400+ accounts holding very similar amounts under the 0.2% mark telling me the majority holder of BNB is Binance itself. There is very very little retail / institutional holding of BNB
Why is this important? Binace has used almost all their reserves to buy and hold up the BNB token that's used to earn yield on their platform.
This means they have run down the reserves + no retail on ramps meaning no new funding for their company + no trading fee's.
Their trading volume is also completely fake few major accounts are wash trading I suspect this is Binance themselves meaning again they aren't making any revenue for fee's its all a cover to make out like they're functioning.
Coinbase has surpassed them in AUM by about 3-4x in the last Q.
Binance has only one option to raise funding and that is to sell BNB now what happens when there's absolutely no real buyers of BNB? the price will completely collapse.