#BNBUSDT Buyers Flex Muscles💎A few days back, #BNBUSDT accomplished a significant feat by successfully penetrating the downtrend trendline resistance. On the subsequent pullback, it found solid support at the uptrend trendline, igniting potential for increased trading activity and volume. As the probability now strongly favors further growth, an intriguing opportunity for buyers emerges.
💎This opportunity remains compelling as long as #Binance coin remains above the crucial $220 support, where it formed a double bottom. While we anticipate further growth, Paradisers must also be prepared for potential price spikes below the current minor support at $235.
💎As we chart the course for #BNB, our eyes are on the critical resistance at $285, which converges three powerful indicators—the 50% Fibonacci retracement, the downtrend trendline, and the 200 Simple Moving Average. The presence of these indicators at $285 suggests that this uptrend may unfold over approximately 3 weeks.
💎Additionally, the MCP team will closely monitor the next significant psychological resistance at $300, corresponding with the 61.8% Fibonacci retracement level, the previous supply zone, and the breakout point of the 200 SMA.
💎In summary, #Binance's imminent move, expected to unfold very soon, keeps us on our toes. With our foresight and strategic approach, we are poised to seize every opportunity that arises, whether it leads to bullish or bearish territory.
BNB
Ascending to the Top 10 MarketCapRadiant (RDNT), the trailblazing decentralized finance (DeFi) platform, is not only set to surpass AAVE but aims for the coveted Top 10 spot in the cryptocurrency marketcap. With its game-changing features and an unwavering commitment to growth, RDNT is primed to make a significant impact in the blockchain industry.
Embraced by a fast-growing community of over 28,000 holders, Radiant has garnered widespread trust and support. Its smart contracts have been thoroughly vetted and audited by leading security firms, instilling confidence in users that their assets are well-protected.
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Radiant's roadmap sets ambitious goals for expansion, with cross-chain functionality and a diverse range of collateral options on the horizon. By consistently pushing the boundaries of what's possible in DeFi, RDNT is poised to secure a place among the Top 10 marketcap, joining the ranks of the most influential cryptocurrencies.
As the radiant glow of RDNT illuminates the crypto space, investors, enthusiasts, and DeFi enthusiasts are drawn to its potential for transformative growth. By aligning cutting-edge technology, a vibrant community, and a clear vision for the future, Radiant is ready to shape the financial landscape and pave the way for a new era of decentralized finance.
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BNB Trade Surges: 0.5% Profit Achieved so farFantastic news! Our recent BNB trade has delivered remarkable results, achieving an impressive 0.5% profit. It's a testament to our strategic approach and the power of informed decision-making.
Stay tuned for more exciting opportunities as we continue to navigate the markets with precision and expertise.
Happy trading! 📈💹
Sam Altman: The Genius Behind WorldcoinWorldcoin is an open-source project conceived by the brilliant mind of Sam Altman, hailed as the greatest genius of our time, with a vision to provide access to the global economy for everyone. Designed to be decentralized, the protocol is overseen and guided by its own community of users, led by the visionary thinking of Altman.
Sam Altman's brilliance permeates the entire development of Worldcoin, a currency designed to surpass all expectations and become superior to Bitcoin. Through the unique digital identity provided by World ID, another brainchild of Altman, Worldcoin plays a pivotal role in validating humanity in an increasingly AI-driven online world.
The functioning of Worldcoin, explained in three steps, is the result of Altman's forward-thinking:
Step 1: Download the World App
By downloading the World App, created under Altman's visionary leadership, users can create their Worldcoin account and access a digital wallet linked to Worldcoin, Bitcoin, Ethereum, and other cryptocurrencies, including stablecoins. The World App, operated in partnership with Tools for Humanity, bears the stamp of Altman's genius, opening doors to the global financial revolution.
Step 2: Obtain the World ID
To receive a free portion of Worldcoin tokens and other cryptocurrencies, obtaining the World ID, another ingenious innovation by Altman, is necessary. World ID is verified anonymously through a device called Orb, a unique creation utilizing iris biometrics to establish digital identity and uniqueness for each individual.
Step 3: Receive Free Worldcoin Tokens and More
After verifying their unique humanity (anonymously), users can use their World ID within the World App to learn about cryptocurrencies and receive free portions (airdrops) of Bitcoin, Ethereum, and more. With Altman's genius, the Worldcoin token will be distributed globally and freely to all human beings, revolutionizing the global economy.
Worldcoin is supported by two important organizations, both guided by Altman's brilliance. The Worldcoin Foundation and Tools for Humanity share the vision of providing a fair and inclusive participation in the global economy, with initiatives aimed at protocol development and user community support.
As the Worldcoin protocol expands and grows under Sam Altman's leadership, it is likely that more companies and brilliant minds will join to support this global financial and identity revolution. Sam Altman's legacy and the genius of Worldcoin inspire a bright and inclusive future for humanity.
BNB/USDT 4HInterval Review CHARTHello everyone, welcome to the BNB to USDT chart review on a four-hour timeframe. We will start by selecting the uptrend channel in which the price is moving at the lower border, locally we can see that we managed to get out of the downtrend line at the top.
When we lay out the Fib Retracement grid, we see that the price stayed in the strong support zone from $241 to $236 and has now moved above it, however, when the direction of the price changes and the zone is broken, we still have very strong support at $229 and then level of $221.
Looking the other way, we see a third approach to resistance at $245, then we can see a rapid rise to a strong resistance zone from $248 to $251, when it breaks out higher, we have resistance at $255, then at $261 $.
The CHOP index indicates that there is energy to be used, the RSI is moving in the upper part of the range, and what's more, we can see that downward movements on the indicator give a larger correction than upward movements. On the STOCH indicator, we are approaching the upper limit, which may also affect the upcoming price rebound.
Bitcoin - gained a short position!!!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅
I decided to re-enter the scalp-short 20% of the deposit.
Technical: the price has come out of the "bullish wedge" which may give a slight rebound to $29,850-30,000. I'll put a limit order in case of a squeeze.
Deal plan:
▪️Entrance - 29,380/29,888$
▪️Stop - $30,655
▪️Take - I will update.
Guys, there is still a lot of market maker pressure on bitcoin like it was in the $30k zone just recently, but there have been attempts to go higher. Therefore, I do not rule out the fact that from the current values we will see upward lumbago.
Goal: to see a test of the $28,050-$28,500 global trend line, there is a large liquidity gathering in this zone.
P.S: I use a short stop-loss for a trade and a leverage of no more than 5X. Pay close attention to your risk management.
Bitcoin - a possible takeaway before the next fallHello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅
Greetings friends! I sketched such an interesting plan for a bitcoin chart on TF 1D.
The boring flat continues, but the price forms bullish patterns for us, this time a falling wedge, which, as we see, has already been broken and, perhaps from this breakout, we will see a reaction a little higher than $29,500.
At the moment, I don’t see a scenario to go above $30,000-30,200 (600-800 pips) Bitcoin is still under strong pressure from the buyer and there is a presence that they can even start dumping without a rebound, so be careful if you take long margin positions with high leverage.
I think I'll be in position soon, watch the market for a while... But it will be nothing more than a scalp.
BNBUSDT POSSIBLE 2XThe straight lines you see on the chart are the support and resistance that have been active for 2 years. BNB may make sense to buy a spot from here at the current support. In addition, on the 1-week chart, BNB has supported the ema 200, so the probability of upward movements is increasing.
DEFINITELY NOT INVESTMENT ADVICE!!!
BNB/USDT 1H Chart Review Hello everyone, let's look at the BNB to USDT chart on a one hour timeframe. As you can see, the price is moving above the local uptrend line.
After unfolding the trend based fib extension grid, we see that there is a support zone from $242.8 to $242 first, then support at $241.39, and then the second zone from $240.73 to $239.81.
Looking the other way, we see a resistance zone from $243.92 to $244.58, resistance at $245.12, and then a second strong zone from $245.69 to $246.46.
The CHOP index indicates that there is still energy for a move, the RSI is approaching the upper limit again, which may reverse the direction of the price, while the STOCH indicator has crossed the upper limit, which may result in a stronger downward move.
Fluctuating within Range Trend During the past week, Binance Coin (BNB) continued to experience fluctuations within a defined range trend. Notably, none of the resistance or support levels for BNB were breached during this period. As previously analyzed, this price movement has formed a channel on the daily timeframe. Specifically, the resistance level around $255 resulted in a negative reaction, causing the price to revert back to the support at the midline of the channel.
For short-term traders, it's essential to observe the trading ranges within this channel. The resistance range lies between $252 and $256, while the support range is found between $225 and $228, as indicated on the chart. Trading opportunities may arise when the price reacts around these levels.
However, it's important to keep in mind that if either the resistance or support levels are successfully broken, there is potential for the price to exit the current range trend and initiate a new trend on a higher timeframe. This higher timeframe typically refers to the weekly range. Consequently, a significant breakout from the range may take more time to materialize.
Additionally, it's worth noting that the Relative Strength Index (RSI) level for BNB on the daily timeframe is currently at 49. The RSI is a technical indicator that measures the strength of recent price movements. A value of 49 suggests that BNB is neither significantly overbought nor oversold. It may indicate a relatively balanced market momentum, but traders should still exercise caution and look for further confirmations before making trading decisions.
BNBUSDT - Price can bounce down to $235 support levelHi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊
Recently price reached to $250 resistance level, which is located in resistance area, but soon started to decline inside falling channel.
Price fell below $235 support level and later decline to support area, starting to rise.
Later BNB rose to resistance level, thereby exiting from channel, but at once it made a small correction and then bounced up to resistance line.
Then price made strong downward impulse to $235 support level and a not long time ago, it bounced higher of resistance line, thereby breaking resistance line.
At the moment I think that Binance Coin can rise a little more and then bounce down to $235 support level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Bitcoin - you need to overcome resistance to grow!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅
Guys, some thoughts on the futures chart:
The ascending channel in which we have been for so long was broken by the downward movement to the $ 28,850 zone, I wrote about this earlier and said in each of my posts that I expect such a scenario and therefore I held a short position for more than a month, the plan worked out for me, we left the channel I fixed a profit, cheers)
At the moment, the price of bitcoin is trying to return back to its usual range of $29,800-$30,400, or rather, the buyer is trying to return the price, but the seller’s strength continues to dominate, and as we can see on the chart, we received a reaction from the mirror level of $29,670, the upper part of the channel and bitcoin is again going to test the local support, channel from below.
I expect that we will still see a movement below $29,000, but I don’t see a super big drain yet, maybe it will happen through a rebound to $30,000-30,400 and from there it will go to break through the support of $28,000-27,500
Friends, not financial advice, just sharing my thoughts on the schedule, at the moment I am out of position, just watching from the side :)
AUCTION/USDT Technical Analysis: Potential Long Trade SetupAUCTION/USDT Technical Analysis: Potential Long Trade Setup
Hey Traders!
Check out this technical analysis on AUCTION/USDT for a potential long trade opportunity. Remember, this is not financial advice, and always do your own research before investing in any coins.
Price Action Analysis:
AUCTION/USDT has seen an impressive 300% surge in the past week. However, it's crucial to approach trading with caution and not let FOMO (Fear Of Missing Out) guide your decisions.
Long Entry Strategy:
Based on my analysis, Wave (III) seems to have completed, and a correction in the form of Wave (IV) could be coming. If you're considering a long position, wait for the completion of Wave (IV). A retracement of around 40-50% from the peak of Wave (III) is expected.
Ideal Entry Zone: $8.88 - $10
Stop Loss: $7.58
Price Targets:
Should the anticipated pattern play out, significant upside potential is possible. Primary price targets for the long trade are set at $17 and $22.
Risk Management:
Remember, risk management is crucial in trading. Enter the market with a well-calculated risk-reward ratio to protect your capital and avoid substantial losses. Consider short trading opportunities as well, but be aware that they may require a wider stop-loss due to higher volatility.
Disclaimer:
This analysis is for informational purposes only and does not constitute financial advice. Trading cryptocurrencies involves risk, so exercise caution and conduct thorough research before making any investment decisions.
Happy trading, and may the markets be in your favor!
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BTC - 4H, Is BTC Headed for Another Fall?Is BTC Headed for Another Fall? Understanding the Underlying Factors
In this analysis, we will explore the current market situation of BTC and the potential for another price decline. As a trader, it's essential to analyze various factors that may influence the price movement. We'll delve into technical analysis and market trends to provide you with a comprehensive understanding of the situation.
1. Breaking Support Zone
One of the crucial factors contributing to the bearish sentiment is the recent break of BTC's supporting zone in the trading range. The price has breached this critical level, and all time frame candles have closed below it. This suggests that the market sentiment has turned bearish, and selling pressure is mounting.
2. Failure to Reach New Highs
Looking at the daily chart, it becomes apparent that BTC has struggled to reach new highs. The price failed to continue its upward trajectory, indicating a potential loss of bullish momentum. This failure to establish higher highs is concerning for investors and traders alike.
3. Increasing Selling Pressure
Over the past few weeks, we have witnessed a surge in selling pressure on BTC. This is evident from the prevalence of red candles in the price chart. The sustained selling indicates that investors are cashing out their positions, which can lead to further downward pressure on the price.
HelenP. I Binance Coin can break trend line and grow to $250Hi folks today I'm prepared for you Binance Coin analytics. Some time ago price bounced from the support zone, which coincide with the 235 support level, and start to rise to the 250 resistance level, which is located inside the resistance zone. After BNB reached the resistance level it rebounded down to the support zone, but soon rolled up and rose back to the resistance level. Then price made a correction below the resistance zone and after this, BNB made an impulse up to the trend line, thereby breaking the resistance level, with the zone. But later the price started to decline and in a short time fell back to the support level. Also recently it bounced up and now trades near the trend line inside the triangle. I expect that Binance Coin can make a little correction and then rebound up to the trend line. As well BNB can break the trend line, thereby exiting from the triangle and continuing to move up until to the resistance level. For this case, I set up two targets, first target at the 244 level, and the second - 250 resistance level. If you like my analytics you may support me with your like/comment ❤️
BNB short currently sideways BNB, BNB could hit $448.23 in 2023
BNB’s price prediction for the most bearish scenario will value BNB at $194.61 in 2023
BNB’s previous All Time High was on 10th May 2021 where BNB was priced at $686.31
BNB’s price at the same time last week was $231.07. It has moved by 0.77% in the past week and is currently at $243.26. Infact, in the past 24 hours, BNB has pumped by 0.32%. There is a slight bearish sentiment in the crypto market. The long term sentiment, however, remains bullish and BNB could hit $475.81 in 2024.
The total circulating supply of BNB as of writing this article was $155,855,196 and the marketcap of BNB remains at $37,914,395,267.
However, Binance’s legal battle isn’t over just yet. The US SEC is seeking restraining orders to freeze Binance’s assets. Although the exchange has asked the court to deny the restraining order, the ongoing showdown could further affect BNB’s value.
The weekly timeframe chart showed that BNB’s plunge has hit June/December 2022 lows. During the December 2022 FUD (fear, uncertainty, and disinformation) around Binance’s proof of reserves, BNB tanked to $220.
The $220 level aligns with a bullish order block (OB) of $206 – $243 (cyan) on the weekly chart formed on 27 June 2022. In addition, it coincides with the range low of a parallel channel (blue) and the 200-MA (Moving Average).
So, it could make the $206 – $243 zone (cyan) a strong bullish stronghold. Unfortunately, it could crack if Binance’s legal woes worsen in the next coming days/weeks. A drop below the confluence area could ease at $184 or $118.
Conversely, BNB could attempt to reverse the losses and target the mid-range ($293) if the demand zone doesn’t crack. The level also aligns with the 50-MA.
In the meantime, the RSI (Relative Strength Index) flattened in the lower range – suggesting selling pressure eased. Similarly, the CMF (Chaikin Money Flow) moved sideways slightly above the zero mark – denoting capital outflows from BNB subsidized.
A break above 359 and creating bullish pa HH and HL is the start of a bullish trend
ETH - the price has left the channel, what's next?!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 will update the ETH idea a bit:
So far, everything is going according to plan, after tightening the lower border of the channel, the price was able to break through the support and the walls of the orders that the market maker placed earlier are starting to work out. The most interesting thing is that we got a -2% decrease on the weekend when no one really expected it, I think I managed to warn you in advance :)
At the moment, the plan has not changed much - I continue to keep the scalp short position to the support level of $1820-1825, the market maker has not yet removed the walls from the orders and continues to exert pressure, perhaps we will see a movement below the support of $1820-1825 through a slight rebound, there will be changes, I will definitely inform you.
Binance coin shows an ascending triangle Currently, on the daily timeframe, BNB exhibits an ascending triangle pattern. The market participants are awaiting confirmation of a potential breakout to determine the coin's next likely direction. The expectation is for a bearish breakout to occur, but in the event that BNB surpasses the resistance level, a bullish trend towards higher prices is anticipated. Traders are closely monitoring the price action to make informed decisions based on the breakout's confirmation.