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BNB/USDT 1D Chart ReviewHello everyone, I invite you to review the BNB chart taking into account the one-day interval. We can start by marking the local triangle with blue lines, as you can see we are approaching the exit of a specific product. Let's start by marking the support spots for the price and we see that the price stays just below the support at $240.72, then we have a strong support zone from $235 to $228, however if the price goes lower, we have the next support at $220. Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that first the price has to break the zone from $244 to $248, then there is the second zone from $251 to $255, and then the strong resistance at $261. The CHOP index indicates that there is a lot of energy to move, while the RSI moves around the middle of the range, which in combination with the STOCH indicator, we can see the price rebound.
by cryptodailyuk
Bitcoin is back in the channel! Where will the price go?Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅ Is it time to close the position? WHERE IS THE VOLATILITY?! Guys, it's boring, but sure, the price of bitcoin is creeping again to the $29,000 test and to important support levels from where a reaction to the upward movement may follow. SOME THOUGHTS ON THE SCHEDULE: Technical: on the 12H chart, the price of bitcoin is again moving in the "downward channel", clearly confirming the upper limit in the $30200 range both times. While thoughts are such that, with this test, we will be able to see again the confirmation of the local support of $29,000-28,800 and the cutting of the global trend line. WHAT IS THE PLAN FOR THE POSITION? So far, there is still faith in the downward movement, I keep a short position, although I had thoughts of closing yesterday ... In general, friends, as you understand from the technical side, I am waiting for confirmation of the $29,000-28,800 zone and most likely I will be fixed there. If I get out early, I'll let you know. But it is often thought that very soon sticky shorts from $31,800 will begin to endure and even that we may see a renewal of the annual maximum. By the way, the indicators on the older timeframes are slowly changing their shoes to LONG, now it’s time to leave the short position and preferably in a small profit :)
Long
by DanilBlinkov
4
ETH - trendline retest!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅ Locally, the ETH chart looks like a re-test of the trend line in the range of $1805-1785 Technical: the trend line is now a local support from which a rebound towards $2000 may follow. But, I recommend acting with the shortest stop possible, with such a long consolidation, an impulse in both directions may follow, and it is best to wait for the next weekly candle to open and see what a major player will offer us.
Long
by DanilBlinkov
1
BNBUSDTThis is a 1D frame analysis for BNBUSDT The price has experienced a significant drop after breaking the ascending triangle. The selling pressure was so high that the price was unable to bounce back and the price after the break of the support line attempted to rise but after several attempts failed to stay above the resistance line and experienced further drop. However, currently the price is stabilizing below the first resistance line and the first support line is able to guide the price upwards. In the weekly timeframe we can see a Doji candle which can indicate indecision in the market but if the price continues to range and fails to stay above the first resistance line we can expect to see a price correction again. We have identified the support and resistance levels for you so you can use them to help you buy and sell.
by MarsSignals
BNB/USDT 1H ReviewHello everyone, let's look at the BNB to USDT chart on a one hour time frame. As you can see, the price is moving below the local downtrend line. In order to mark the supports, we will use the trend based fib extension tool and we can see that we first have a support zone from $242.15 to $241.83, then support at $241.38, and then at $240.81. Now let's move on to the resistances and here we will mark the first resistance zone from $242.66 to $242.90, then resistance at $243.23, next at $243.67, then strong resistance at $244.91. Looking at the CHOP indicator, we see that there is a lot of energy to move, the RSI is moving in the lower part of the range, while the STOCH indicator indicates that the energy is exhausted in the current rebound.
by cryptodailyuk
Bitcoin - the wedge is broken, what's next? Growth above 30k$?!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅ Bitcoin showed good volatility yesterday and was able to break through the “falling wedge” with an upward movement, and the price rose above $30,000. Also pay attention to the trend line, the price evenly tests the support in the form of a trend line and bounces to $30,000. It even looks a little strange that MM gives such ideal entry zones. While still sticking to the downside scenario, I think all these runs above $30,000 will lead us back into the abyss and disappointment. I advise you not to catch fomo and be careful with long positions, if you missed this growth, expect at least a correction.
Short
by DanilBlinkov
BCH/USDT Technical Analysis - Potential Breakout Ahead BCH/USDT Technical Analysis - Potential Breakout Ahead Hey Crypto Enthusiasts! Let's dive into an insightful technical analysis of the BCH/USDT trading pair, exploring recent trends and potential future moves for Bitcoin Cash (BCH) in the crypto market. June's Phenomenal Surge June was nothing short of thrilling for BCH holders, witnessing an incredible 260% surge in the BCH/USDT pair. This exhilarating jump has captured the attention of traders and investors, sparking curiosity about the path BCH might take next. Spotting Bullish Signals The current scenario hints at the formation of a bullish flag pattern in higher time frames. This pattern often acts as a signal for a continuation of the previous uptrend, suggesting the potential for more upward movement. However, remember that retracements are an integral part of the market cycle and should be anticipated. Resistance and Support Levels Right now, BCH/USDT is trading within the resistance range of $240 to $250. This zone is pivotal as it represents a battleground between buyers and sellers. Should the price breach the $250 mark, BCH could eye levels such as $300, $400, and even $500. On the flip side, if the $250 resistance holds, we might see a retracement. In this scenario, the support level to watch is at $186. A dip to this level could provide a healthy correction and set the stage for the next bullish leg. Breakout and Targets The make-or-break point for BCH/USDT is at $250. A clean breakthrough here could unleash BCH's potential to explore $300, $400, and $500. Keep a close watch on this level, as sustained movement beyond it might herald a new bullish phase. Key Levels Recap Support: $186 Resistance: $250, $309, $400, $500 Remember: Cryptocurrency markets are known for their volatility. This analysis is purely informative and not financial advice. Always conduct thorough research or consult a financial advisor before making investment decisions. Stay tuned for more updates!
Long
by CryptoPatel
Radiant: Surpassing AAVE and a Promising Future in Bull Market bRadiant (RDNT) has positioned itself as a formidable contender in the decentralized finance (DeFi) world. With innovative features and cutting-edge technology, RDNT is gaining investor trust, indicating its readiness to outperform market giants like AAVE. Furthermore, with the approaching Bull Market and BTC Halving, Radiant is poised for notable appreciation. The Rise of Radiant: Radiant has emerged as a leading DeFi platform, presenting a unique set of features that cater to the demands of the modern financial landscape. Its omnichain financial market allows transparent deposits and loans of assets across various chains, effectively eliminating liquidity silos and fostering a truly interoperable DeFi ecosystem. This flexibility opens new opportunities for investors, giving Radiant a competitive edge over traditional players. A Secure and Reliable Platform: One of Radiant's key strengths is its unwavering commitment to security. The platform has undergone rigorous testing and audits by renowned security firms, ensuring the protection of user assets and the integrity of its protocols. This level of diligence has garnered the trust of over 28,000 holders, bolstering its reputation as a reliable DeFi platform. Controlled Emissions and Sustainable Growth: Radiant's controlled emissions structure with Dynamic Liquidity Providers (dLP) is a strategic differentiator. By rewarding dLP providers with RDNT, Radiant encourages active participation, creating a sustainable and balanced ecosystem. This approach aligns with the essence of DeFi 3.0, setting Radiant apart from projects with high-emission governance tokens and limited utility. A Promising Future for Radiant: With the impending Bull Market, the cryptocurrency market witnesses a general increase in prices, resulting in higher demand and trading volume. Built on solid fundamentals, Radiant is poised to capitalize on this optimistic momentum, potentially surpassing market giants like AAVE. BTC Halving Catalyst: BTC Halving, a significant event in the cryptocurrency world, brings a reduction in mining rewards, limiting the supply of new BTC. Historically, Halving events have been followed by Bull Markets. Radiant, with its innovative approach and growing community, has the potential to benefit from this market trend, propelling its value to new heights. Conclusion: Radiant's potential to surpass AAVE and its promising future in the imminent Bull Market present exciting prospects for investors and enthusiasts alike. As the platform continues to innovate and expand its functionalities, Radiant is well-positioned to become a dominant force in the DeFi space. With BTC Halving as a potential catalyst, the time to embark on Radiant's journey towards a decentralized financial future is now.
Long
by SophiaAnderson
1
Radiant: Rising to Surpass AAVE and a Bullish Future AheadRadiant (RDNT) has positioned itself as a formidable contender in the world of decentralized finance (DeFi). With innovative features and cutting-edge technology, RDNT is gaining the confidence of investors, indicating that it is set to outperform market giants like AAVE. Moreover, with the approaching Bull Market and BTC Halving, Radiant is primed for a remarkable surge in value. Radiant's Ascension: Radiant has emerged as a leading DeFi platform, showcasing a unique set of features that cater to the demands of the modern financial landscape. Its omnichain money market allows seamless asset deposits and borrowing across multiple chains, effectively eliminating liquidity silos and fostering a truly interoperable DeFi ecosystem. This flexibility opens new opportunities for investors, giving Radiant a competitive edge over traditional players. A Secure and Trustworthy Platform: One of Radiant's core strengths is its unwavering commitment to security. The platform has undergone rigorous testing and auditing by reputable security firms, ensuring the safety of user assets and the integrity of its protocols. This level of diligence has earned Radiant the trust of 28,000+ holders, fortifying its reputation as a reliable DeFi platform. Gated Emissions and Sustainable Growth: Radiant's gated emissions structure with Dynamic Liquidity Providers (dLP) is a strategic differentiator. By rewarding dLP providers with RDNT, Radiant incentivizes active participation, creating a sustainable and balanced ecosystem. This approach aligns with the ethos of DeFi 3.0, distinguishing Radiant from projects with high-emission governance tokens and limited utility. A Bullish Future for Radiant: As the Bull Market approaches, the cryptocurrency market experiences a surge in overall prices, leading to increased demand and trading volume. With Radiant's strong fundamentals, the platform is poised to capitalize on this bullish momentum, potentially surpassing market giants like AAVE. BTC Halving Catalyst: The Halving of BTC, a significant event in the cryptocurrency world, brings a reduction in mining rewards, limiting the supply of new BTC. Historically, Halving events have been followed by Bull Markets. Radiant, with its innovative approach and growing community, stands to benefit from this market trend, potentially catapulting its value to new heights. Conclusion: Radiant's potential to outperform AAVE and its bright future in the upcoming Bull Market present exciting prospects for investors and enthusiasts alike. As the platform continues to innovate and expand its functionalities, Radiant is well-positioned to become a dominant force in the DeFi space. With the BTC Halving as a potential catalyst, the time to be part of Radiant's journey towards a decentralized financial future is now.
Long
by SophiaAnderson
Bitcoin - this FUD can break the pattern!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅ Friends, I decided to add some thoughts to the previous post on bitcoin. Technical: slightly corrected the "falling wedge" formation and now we have support around $28,350, where the price may go very soon... Earlier, I wrote about FUD with BinanceUS that they allegedly want to close the exchange, but in fact there is nothing to close there ... as always, they want to make a molehill out of a molehill and seem to collapse the market. Now a new FUD has arrived, already associated with the HUOBI exchange, that it is not solvent, and if the exchange is not solvent, then what does it mean? That's right - liquidity starts to leave the ship (exchange) in a panic and keep their babulets away from there because of this, the exchange may simply collapse, well, as long as we don’t observe this news on the surface of the day and there is nothing serious on the market, and the HUOBI representative herself replied that this is all only rumors... well, we all know how rumors can win back on the main asset. Just be careful guys now! In general, a storm is approaching next week, although we may see something interesting on bitcoin before the opening of the new week, for example, a fat candle towards $28,000 So while we are following all the news and the market as a whole as closely as possible, I recommend abstaining from long positions for a while, it can be very dangerous.
BITSTAMP:BTCUSDShort
by DanilBlinkov
Worldcoin ($WLD) Chart Analysis: Potential Price Movements and EWLD/USDT chart Analysis:- In this analysis, we will examine the current trading status of Worldcoin ( MIL:WLD ) and its potential price movements based on chart patterns. We will also consider factors such as total supply and market circulation to gauge the possibility of significant price swings. This analysis aims to provide insights for investors looking for potential entry opportunities in $WLD. Current Status: At the time of writing, MIL:WLD is trading at $2.15 and appears to be moving within a parallel channel on the chart. Price Expectations: Considering the historical performance of similar projects like MATIC, the analyst expects MIL:WLD not to surpass $3 in the near future. However, it is important to exercise caution and avoid falling into FOMO (Fear Of Missing Out) as predictions are subject to market volatility. Support Levels: The chart analysis indicates that $2 is a strong support level for $WLD. A break below this level might lead to potential price declines towards $1.5 and $1. Investors should closely monitor this level to make informed decisions. What If $3 Level Is Broken? Given that the total supply of MIL:WLD is 10 billion with only 1% in the market for circulative supply, there is a possibility of market manipulation by big investors seeking to book profits at the top. If the $3 level is broken, it may provide a short-term price surge, but investors should remain cautious. Entry Opportunities: If the price of MIL:WLD goes around or below $1, it could present a good entry opportunity for investors seeking a favorable risk-to-reward ratio. However, it is crucial to perform thorough research and due diligence before making any investment decisions. Disclaimer : This analysis is not financial advice. It is for informational purposes only. Investors should conduct their own research and seek professional advice before making any investment decisions.
Short
by CryptoPatel
5
SHIB - breaks the global countertrend line!!!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅ After a local accumulation of 1.5 months, SHIB broke through the global countertrend line and the asset has already managed to gain a foothold higher. The nearest strong resistance level is 0.618 Fibonacci on the global 3D chart. From the technical side, it looks super-positive, well, since I am waiting for a correction in BTC, maybe we will see downward movement under the trend line again, so here fifty-fifty friends, well, there is an option that the asset will go against the trend, i.e., BTC will fall and SHIB will stand in one place or go up :) Be careful friends;)
Long
by DanilBlinkov
210.2-243.5 is a strong support sectionhello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (BNBUSDT chart) (1M chart) The HA-Low indicator has not yet been created on the 1M chart. So, we need to see if this drop creates an HA-Low indicator. If the HA-Low indicator is created, the key is whether it can be supported around it. There is a possibility that the 284.8-353.3 section, which is a support and resistance section formed after the surge, will play a role as a volume profile in the future. The StochRSI indicator has entered the oversold zone. Therefore, when coming out of an oversold zone, you should check whether it finds support or resistance at any point or zone. (1W chart) The key is whether it can get support and rise above the 233.9 point, i.e. the HA-Low indicator on the 1W chart. If support is confirmed near the HA-Low indicator, it is time to buy. The first selling zone is near the HA-High indicator (284.6). Looking at the correlation between the HA-Low and HA-High indicators, we can see that there is still room for upside since the HA-Low indicator is longer than the horizontality of the HA-High indicator. However, since the StochRSI indicator has entered the overbought zone, if it falls below 233.9, the situation may change, so a stop loss is necessary when it falls below 233.9 and shows resistance. (1D chart) It is showing sideways movement near the MS-Signal indicator. Accordingly, if it rises above 243.5, it is expected to rise to around 284.8. However, there is a possibility that it will touch the 150 EMA and M-Signal indicators on the 1W and 1M charts and decline. Even if it falls to around 210.2 due to a temporary decline, the 210.2-243.5 area is a strong support area, so it is a buying time. In this way, the 284.8-332.4 section, which is expected to act as a volume profile, corresponds to the first selling section. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** Even if you know other people's know-how, it takes a considerable period of time to make it your own. ** This is a chart created with my know-how. ---------------------------------
by readCrypto