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BNB/USDT 4HInterval Review ChartHello everyone, I invite you to review the chart of BNB in pair with USDT, on a four-hour interval. First of all, we can use the blue lines to mark the upward trend channel in which the price is currently trying to go above it for the second time. Now let's move on to marking the support places. We will use the Fib Retracement tool to mark supports, and here we can see a strong support zone from $208.5 to $205.7, but when we fall lower, the next support is at $202. Looking the other way, we can similarly mark places where the price should encounter resistance on the way up. And here the price was rejected by the resistance zone from $214.6 to $218.5, and then we have a second strong zone from $222 to $228. The CHOP Index indicates that most of the energy has been used. The RSI indicator shows that we approached the upper limit, which resulted in a price recovery, similarly the STOCH indicator began to reverse after approaching the upper limit and it is clear that there is room for the price to go lower.
by cryptodailyuk
1
Bitcoin - is the buyer's strength running out?Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅ Friends, so far you can tell by the arrow that yesterday’s bullish triangle worked 100%, but I did not hedge the SHORT position, since the entry point is close. Locally, we again saw a run above $30,000, which was very good; perhaps those who were trying to quickly go short and place their stops just above $30K were not happy with the result, shaved off... At the moment, technical: there are several important zones from which the price can rebound again and again: the support zone of $28,770-28,350 and $27,850. But for me personally, since I hold a short position, the “trigger” will be to see the consolidation in the current range, then I will think differently guys, but now we can say that I’m just watching the chart with a cup of tea in my hands :)
BINANCE:BTCUSD.PShort
by DanilBlinkov
Bitcoin is drawing a bearish pattern! What will happen next?Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅ Friends, another BTC chart only with the “Rising Wedge” pattern, it may not look so sexy, but there are clearly boundaries here and it can work out for a correction. No, don’t think that now if I’m holding shorts, then I’m providing you with options that suit only me, no, that’s not true at all. Look at yesterday's BTC chart in my forecast, there I threw a chart with bullish signs and by the way they worked out well :) Guys, the arrows on the chart are just my sketches, don’t take them to heart, because the price could go in a completely different scenario)
Short
by DanilBlinkov
SYS - bullish engulfing of past shadow ahead!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅ I found an interesting coin with increased volatility, priority on bullish absorption of the shadow, which is highlighted in red, you can try it with current values. Plan for the deal Input - 0.082/0.0810 Cancellation of the plan - going below 0 Fibonacci level (0.0777-0.0775) Take - 0.0865, you can fix half and it is advisable to place a stop in a used one. Guys, special attention! Don’t try to play with your shoulders, the coins are highly volatile, this can be seen from the chart, be careful)
Long
by DanilBlinkov
Bitcoin - Get Ready for Another Movement!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅ Friends, just like you, I was not prepared for such a development of events, although before that I wrote that volatility should be expected from all this news related to BTCETF... Well, they will give us fake information and take it so far, I honestly did not expect this see). But there is also a downside to all this shit, I averaged out my short position and now it has become more comfortable to expect a correction, for now I am without a stop, and yes, with my risk management I can afford to do this at a distance) Technical: after the takeout, the classic price is now forming a triangle; if you look at the junior TFs, you can say that this is a bullish sign, and in theory, all this consolidation in the range of $28,000-28,500 can lead to another run to $30K. But I am still inclined that the correction is already close and all this news related to BTCETF (locally) is to confuse people that there will be a correction at all. I wrote about this earlier). Please note that the graph is just a sketch Globally, of course, if ETFs do approve, this news will of course be a strong positive on the market, I don’t argue with the guys, but for now this is just an excuse to attract our attention and drive us into courage) But we’ve already been through this and we know how behave in such situations
BINANCE:BTCUSD.PShort
by DanilBlinkov
$FLUX COIN, THE FATHER OF ALL WEB 3 PROJECTS IN CRYPTO SPACEYes, you read it right. Flux Coin will be the next 10x, 20x, and who knows, it might even reach 50x. With its supply, reaching $10 seems easy in the next bull run, especially when they release its Proof of Useful Work. The Flux management and developers are continually building its ecosystem to sustain the possible circumstances of their PoUW, despite the bear market season. Its all time high was $4.17, and it seems that reaching the said minimum target is easy, IN MY CHART: Let's talk about the technical side of $FLUX. I have been closely monitoring its movement on a weekly basis, and it appears that the accumulation is hovering around $0.30 - $0.33, which, in my opinion, signals a healthy trend. Flux is currently undergoing a consolidation phase, reflecting a markdown trend. However, if the price breaches its key resistance, the bulls will likely attempt to push it back to around $0.8. My buying zone falls within the range of the green box. Anything below that will be my dollar-cost averaging (DCA) zone. FUNDAMENTAL PART: The Flux ecosystem is focued and devoted to empowering everyone to develop, deploy and use the decentralized Internet of the future: Web3, it is a powerful decentralized computational Flux Network (FluxNodes), a Linux based operating system (FluxOS), the premier digital asset platform (Zelcore) and, finally, the Flux blockchain for on-chain governance, economics and parallel assets to provide interoperability with other blockchains and DeFi access. DYOR Plan your execution of trades, so that you don't plan to fail. Happy Trading, everyone.
Long
by CryptoProfessor
2
PERLUSDT|Potential countertrend retest!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅ If we consider a futures position, then we can try with a little good below. 1-3% of the deposit with a leverage of 3-5X. Deal plan: Entry - 0.1888/0.1820$ Stop - $0.1723 Take - 0.1990, remove 50% of profit, stop in used. You can also consider a coin on spot, if you look at the 2D chart, you can see a counter-trend line from the maximum value of the coin to the current price, perhaps the price will soon retest this counter-trend line, +30% without leverage.
PLong
by DanilBlinkov
BNB ☁️ Downtrend for the next 3 days? Mixed trading conditions ahead for the global crypto market, with Bitcoin, Ripple, and Binance Coin facing slightly bearish clouds in the next 24 hours. ☁️ BNB downtrend continues for the next 72 hours. Ether, Cardano, Avalanche, and Dogecoin bask in slightly bullish sun. ☀️ However, Litecoin and Polkadot endure the crypto storm 🌧️, signaling a very bearish market with downside risk. Over a one-week horizon, the outlook remains cloudy ☁️ and rainy 🌧️ for most cryptocurrencies, with Bitcoin and Polygon as the exceptions. They should both enjoy a slightly bullish sun ☀️, indicating an upside potential. Follow us for more crypto weather reports!
by ATTMO
BNB/USDT 4HInterval ReviewHello everyone, let's take a look at the BNB to USDT chart on a 4-hour time frame. As you can see, the price tried to break above the local upward trend line, but quickly returned below it. After unfolding the trend based fib extension grid, we can see that we have a support zone from $207 to $204, then support at $201 and then at $199. Looking the other way, you can see that we are in the resistance zone from $209 to $211, and then we have a second zone from $213 to $217. Looking at the CHOP indicator, we see that most of the energy is exhausted, on the RSI indicator we are approaching the upper limit, which may reverse the price movement, and on the STOCH indicator we are also approaching the upper limit, which resulted in a deceleration of growth.
by cryptodailyuk
BNB/USDT 4HInterval Review CHartI invite you to check the BNB chart on a four-hour time frame. We will start by marking the upward trend channel with blue lines, from which the price broke out at the bottom, and the price decline itself was close to the height of the previously defined channel. Moreover, it is clearly visible that the lower end of the decline after leaving the channel is also the location of the current support zone. At this point, it is also worth defining the downward trend triangle we are in with the yellow lines. Next, using the Trend Based Fib Extension tool, we can determine an important support zone in case the price breaks out of the current triangle. Looking the other way, we can similarly determine the resistance areas that the price must face. And here we see that currently the price must pass through the resistance zone from $217 to $221, then overcome the resistance at $233 to continue towards the resistance at $252. The CHOP index indicates that there is energy to make another move, on the RSI indicator, despite a slight change on the chart, we have an upward movement but there is room for the price to go up, while taking into account the STOCH indicator, it is clear that we are approaching the upper limit, which may result in another recovery and only then a larger upward move.
by cryptodailyuk
3
HelenP. I Binance Coin can rise little more and then bounce downHi folks today I'm prepared for you Binance Coin analytics. If we look at the chat, we can see how the price bounced from resistance 2 and tried to rise, but failed and started to decline. BNB in a short time declined to the 208 level, thereby breaking the 216 resistance level, but at once price rebounded and made a strong impulse up to resistance 2. After this, the price some time traded near this level made correction, and then rebounded up to the trend line, breaking the 216 level, which coincided with the resistance zone, but soon BNB rolled down back. Later price declined until to 208 resistance level, which coincided with one more resistance zone, and in a short time price broke this level too and declined lower. Next, the price rebounded and rose to the trend line, broke it, and made a retest. After this, BNB rose to the resistance zone, but a not long time ago it rolled down, and at the moment price trades near the trend line. I expect that Binance Coin can rise to a resistance zone and then bounce down to the trend line. That's why I set my target at the 204 level, which coincided with this line. If you like my analytics you may support me with your like/comment ❤️
Short
by FirstNameHelen
5
Binance Coin (BNB) -> Another 500% RallyMy name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️ I only focus on the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise. This is how you build real long term wealth! In today's anaylsis I want to take a look at the bigger picture on Binance Coin . You can perfectly see that Binance Coin is forming quite strong support at the psychological $200 level from which we already saw multiple bullish rejections. However since Binance Coin is approaching this level with lower highs, I am personally waiting for a breakout of the current bullish continuation triangle pattern. - - - - - - - - - - - - - - - - - - - - I know that this is a quite simple trading approach but over the past 4 years I've realized that simplicity and consistency are much more important than any trading strategy. Keep the long term vision🫡
CRYPTO:BNBUSDLong
by basictradingtv
31
Binance Coin -> Massive Risk To RewardMy name is Philip, I am a German swing-trader with 4+ years of trading experience and I only focus on price action and market structure 🖥️ I am trading the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise. This is how you build real long term wealth! In today's anaylsis I want to take a look at the bigger picture on Binance Coin. After the solid break and retest in June of 2020 Binance Coin followed the crypto bullrun and pumped more than 5.000% towards the upside. With the recent -70% correction Binance Coin is forming a triangle pattern and if we see a breakout I do expect a massive pump again. - - - - - - - - - - - - - - - - - - - - When the market moves where, and how, and if - these are all unknown. The only thing which you can control is your risk. - Philip Basic Trading - Keep the long term vision🫡
CRYPTO:BNBUSDLong
by basictradingtv
5
BNB => Ascending channel retest 🚀🚀🚀Binance Coin (BNB) has emerged as one of the stalwarts in the cryptocurrency space, showcasing remarkable strength and resilience. Let's delve into the fascinating world of BNB's price action, particularly its impressive ascending channel on the weekly chart, and explore the potential for a bullish breakout. Binance Coin's Ascending Channel: A Powerhouse of Potential The weekly chart reveals BNB's remarkable performance within an ascending channel. This channel represents an area where BNB's price oscillates upward within well-defined boundaries. Ascending channels often serve as powerful indicators of a bullish trend. Anticipating a Fakeout: A Clever Strategy As BNB moves within the confines of this ascending channel, traders should be aware of a potential fakeout. A fakeout occurs when the price temporarily breaks below the channel, tricking traders into selling. Look how fakeout can be done : A fakeout is a strategic move by whales and market participants to shake out inexperienced traders. The Art of the Retest: A Bullish Sign Should BNB execute a fakeout, it often follows up with a retest of the ascending channel's upper boundary. The retest serves as a validation of the channel's significance and a strong bullish signal. Experienced traders often view retests as prime entry points for long positions. BNB's Weekly Strength: An Encouraging Indicator BNB's ability to maintain its upward momentum on the weekly chart is a promising sign. Strength on the weekly timeframe is often seen as a sign of potential further growth in the mid to long term. Conclusion: Seizing the Binance Coin Opportunity As Binance Coin demonstrates its strength within the ascending channel, traders and investors have the chance to make informed decisions and capitalize on potential opportunities. Understanding the nuances of a fakeout and the subsequent retest can be a strategic advantage. While the cryptocurrency market remains dynamic and unpredictable, recognizing and leveraging these patterns and signals can empower traders to navigate the ever-evolving landscape. Remember to employ sound risk management practices and stay informed. Engaging in discussions, sharing your insights, and being part of the crypto community can be invaluable in this exciting journey. 🚀💼🌐 ❗See related ideas below❗ Feel free to like, share, and leave your thoughts in the comments.💚🚀💚
Long
by Yaroslav_Krasko
BNB/USDT 1H ReviewHello everyone, let's take a look at the BNB to USDT chart on a one hour time frame. As you can see, the price remains below the local downtrend line. After unfolding the Trend Based Fib Extension grid, we see that the price remains at the support of $205.6, then we have support at $203.3, and then the support zone from $201 to $197. Looking the other way, you can see the first resistance at $207.8, then the second resistance at $209.7, and then the resistance zone from $211 to $214. Looking at the CHOP indicator, we see that the energy is gaining strength, while the STOCH indicator shows a rebound with room for further decline.
by cryptodailyuk
3
BITCOIN FORECAST, TREND POSSIBILITIES. Hello, good evening. Here is my analysis of the price action of Bitcoin as of today. In the bigger picture, I have identified a head and shoulders pattern on the weekly time frame, along with the support trend line that Bitcoin is currently following. This suggests the possibility of Bitcoin revisiting the $15,000 to $18,000 range. To establish a healthy support trend line, we should observe a similar volume of buyers at that level. However, if the price of Bitcoin fails to hold at the $24,000 to $25,000 level and the volume cannot sustain at that price, Bitcoin could easily retrace to the aforementioned $15,000 to $18,000 range. Since I'm speaking for the weekly forecast, this will take time since we are eyeing the movement on weekly time frame. In the daily time frame, I've observed that the immediate support is represented by the green box within the range of $24.9k to $25.8k. Furthermore, the head and shoulders pattern is still evident. In terms of price action, it's desirable to witness a significant uptrend within that range. If this occurs, it indicates that many buyers or bullish traders are still interested in a substantial price increase. When Bitcoin experiences an upswing, it is likely that some large-cap altcoins will also follow. In my personal opinion, we may be at the market bottom, with the bearish season potentially coming to an end and a new market phase on the horizon. Always remember to trade responsibly.
BITSTAMP:BTCUSDLong
by CryptoProfessor
1
BNB: Sideways ChannelBinance (BNB) technical analysis: Trade setup : Price is trading in a Sideways Channel . Swing Traders: can trade the channel (Enter near $200 support and Exit near $220 resistance). Previously, following a bearish breakout from Ascending Triangle pattern, price broke below $220 key level. That’s a level that held up in June and also in Dec 2022, so it’s significant that price has broken below that $220 level and made a new low. Trend : Downtrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bearish ( MACD Line is below MACD Signal Line, and RSI is below 45). Support and Resistance : Nearest Support Zone is $200. The nearest Resistance Zone is $220, then $260, and $300.
Long
by altFINS
Binance Coin can break resistance level and then continue riseHello traders, I want share with you my opinion about Binance Coin. Observing the chart, we can see that the price some time ago rebounded down from the resistance line to the support line, thereby breaking the 221 resistance leve. After this price bounced up to the resistance line, but when it reached this line, BNB at once rolled down to the buyer zone, breaking the support line. Also, the price broke the 207 level, but soon it bounced back, making a fake breakout, and entered to range. Inside range price rose to the top part, which coincided with the 221 resistance level, and then made a downward impulse to the 207 level. After this movement, BNB rose to the 221 level again, but there time it declined until to buyer zone, thereby exiting from the range. As well recently Binance Coin tried to rise higher of the 207 level but failed and now the price is traded very close inside the buyer zone. I think BNB can try to break the resistance level, and if the price breaks this level it can make a retest, or at once continue to move up without a retest. For this reason, I set my target at the 215 level. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
5
BNB │ 03.10.2023BINANCE:BNBUSDT.P Signals for level breakout Close retest of the level; A good approach to the level; Consolidation near the level; No response to a false level breakout; The instrument gradually approaches the level; Trade Parameters Open : 213.05346; Take profit : 211.90542; 211.52274; 211.14006; Every trader should make their trading decisions based on their own analysis and circumstances. The signals in this channel should be considered as an additional tool for your own consideration.
Short
by phoenix_995
Bitcoin is just the beginning of a big correction?Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅ Guys, a small update to my short position: Bitcoin is slowly, tediously sliding down, but is confidently approaching the support level of $26,450, from where locally one can expect a buyer’s reaction in a short time (not financial advice in Long). Locally, the support of $27,000-27,200 acted as good support and we are currently seeing a slight rebound from this zone, which may well return the price to the $27,500 zone. When I took a short position with TVX $27,950, I immediately understood that the correction that they would show us would not be easy, like PUMP-DUMP! So if you are with me, just be patient and try to leave the order at the top of the cathedral position with a small % of the deposit)
Short
by DanilBlinkov
Third step decline in progressHello? Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (BNBUSDT chart) (1M charts) I touched on the 179.2-210.2 section, which is a very important section. (1W chart) It shows a departure from the box section formed over the 211.7-669.3 section. Therefore, the key is whether it can receive support and rise around 211.7. (1D chart) It has fallen to the point where no support zone can be found. Accordingly, it is not easy to calculate the support section. The key is whether it can quickly rise above 214.1. If not, there is a possibility that the decline may continue, so you need to think about a response plan. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------
by readCrypto