Mdt Looks Ready for Massive bullish impulse Mdt Looks Promising for Midterm Formed Descending channel in h8 tf incase Of Breakout Expecting 55 to 60% Bullish wave
BNB
BNBusdt 1D Triangle Pattern Due to the uptrend line chart, the price has increased the price to the resistance area and has completed the triangle pattern.
Its not Buy or Sell SIGNAL
DYOR
BY : M.TeriZ - @AtonicShark
Crypto Binance BNBUSDT (Slightly Bullish)View on Crypto BNBUSDT (2 Feb 2023)
BNB seems to be meeting some resistant as it hit near the obvious level of 340~370 region.
Overall, it is still in the up trend and it may swing abit higher eventually first.
We shouldn't sell BIG just because of the small bearish candle.
I am still with the Slight Bullish Mode.
Let's see.
DYODD, all the best and read the disclaimer too.
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BNBUSDTHello everyone,
BNB seem to have a great opportunity to rise, so if BNB brakes above that small triangle it will fly to 400$ and maybe to 475$. But if it brakes down the first place we cane expect it to reach is 270$
Thank you
DXY Movement forecastWe will see the price up between 109 & 110 Then will be correct Between 80-73 PRZ Zone
Bitcoin, another bull run soon?!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 technical failed to overcome the local resistance of $27,550 and again got a rebound below $27,000
At the moment, the price of bitcoin has rebounded from the local trend line of $26,550 and it seems there is again a chance to try to break through the strong local resistance of $27,300-27,550 and keep the chances to go above $30,000
As long as the buyer leaves the price in the gray area on the chart, the chances of a bull run still remain, the main thing is to wait for the right moment and stick to risk management.
I got Long from $27,500 with 1000 pips down, my TBX is $26280 and I keep holding Long!
BNB Update 2023-5-17It seems that the upward movement of BNB is not strong enough to move away from the bottom of the ascending channel. So, it is constantly at the risk of losing the bottom of the channel and reducing the price to 255 or even lower, and it is not possible to make a hopeful comment about it!
Note that this is a personal opinion.
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Es scheint, dass die Aufwärtsbewegung der BNB nicht stark genug ist, um sich vom Boden des aufsteigenden Kanals zu entfernen. Es besteht also ständig die Gefahr, dass der Tiefpunkt des Kanals verloren geht und der Preis auf 255 oder sogar noch niedriger sinkt, und es ist nicht möglich, einen hoffnungsvollen Kommentar dazu abzugeben!
Beachten Sie, dass dies eine persönliche Meinung ist.
BNB POSSIBLE REVISIT ON THE HIGHLIGHTED SUPPORT BEFORE RALLYFor more updates, please follow my TradingView page, and if you find the content useful, kindly hit the "thumbs up" button to show your support. If you have any queries regarding trading, please feel free to send me a direct message on TradingView. Additionally, please share this content with your friends who may find it beneficial.
Please note that any trading updates provided here are for educational purposes only, and it is always advisable to conduct your own research before making any investment decisions. It is important to ensure that all conditions are met before following any trade plan suggested in this update.
🐻 BTC, ETH - Bearish Signs, BNB Shines with Upside Potential ☀️Cloudy weather with some sun lies ahead for the global crypto market in the next 24 hours 🌥️, according to ATTMO, a weather-inspired crypto AI forecasting tool. The weather is tropical🌴– very bullish with some upside potential – for Binance Coin in the coming 24 hours.
Both Bitcoin and Ethereum face downside risks 📉 due to a slightly bearish market. Factors such as the possibility of US debt default and regulatory uncertainties in the US have dampened overall crypto sentiment.☔️
Over a one-week horizon, the forecasts remain unchanged for Bitcoin, while Ethereum has a slight upside potential.📈 Dogecoin faces stormy weather ahead, which signals a drawn-out bear market with an imminent market rebound possible.🚀
Follow us for more crypto weather reports!
BNB/USDT 4HInterval Resistance and SupportHello everyone, let's look at the BNB to USDT chart on a 4-hour time frame. As you can see, the price is moving above the local uptrend line, however, on the EMA Cross 10 and 30 we see an attempt to return to the downtrend.
Let's start with the support line and as you can see the first support in the near future is $309.7, if the support is broken then the next support is $305.6, $302.2 and $299.
Now let's move on to the resistance line, but here we will first mark the $313 to $315 resistance zone, then we have the second $317 to $319 resistance zone, then strong resistance at $321.2
Looking at the CHOP indicator, we see that the collected energy is used for the initiated price correction, the MACD indicates a transition to a local downtrend, while the RSI shows a rebound, however, there is room for the price to go lower.
Binance Coin shortBinance Coin bounced off the descending trendline. Asset bounced off the resistance level. Bearish movement to support level at 302 is possible.
BNB/USDT 4HInterval Resistance and SupportHello everyone, I invite you to review the BNB chart in pair to USDT, on a one-day timeframe. First, we will check the EMA Cross 10 and 30, where we can see confirmation of the transition to an uptrend. Now, using the blue lines, we will mark the downtrend channel where the price has been moving for a long time.
Moving on, we can move on to marking support areas when we start a larger correction. And here, the first support is at $307, the second very strong support is at $301, the third support is at $297, and then the fourth support is at $292.
Looking the other way, we see that the price has reached an important resistance zone from $ 314 to $ 318, which so far has no strength to break. However, if it manages to break out of this zone upwards, the next resistance will appear at the price of $322, and then we can see a strong increase to around $335.
At this point, it is also worth marking the local downtrend line from which the price went up.
Please look at the CHOP index, which indicates that we have a lot of energy for further movement, the MACD confirms the local uptrend, while the RSI shows a visible increase, it is worth being careful here, because price corrections often occur at the upper end of the range.
🔥 BNB Rising Wedge: Bearish Break Out Coming?BNB has been trading inside this rising wedge pattern for several months now. Rising wedges are classically bearish reversal patterns, so that's the direction that we're going to look.
BTC appears to be weak. If this weakness continues, I'm expecting a bearish break out of BNB in the near future. In case we get a bullish CPI reaction today, BNB might see a reversal and move back up towards the resistance of the pattern.
Be patient for the break out. Blue area is the target.
BNB as a hedge asset to all marketBNB (Binance Coin) is a cryptocurrency released by the cryptocurrency exchange Binance in 2017. Binance Coin was created to facilitate transactions on Binance and provide users with additional features.
Binance was founded in 2017 by Changpeng Zhao and has quickly become one of the most popular cryptocurrency exchanges in the world. Binance launched Binance Coin (BNB) as its first cryptocurrency in July 2017. BNB was initially issued as an ERC-20 standard token on the Ethereum blockchain but was later migrated to BNB Chain's own Layer 1 blockchain.
BNB was issued in a total of 200 million coins, of which 100 million were sold during the Initial Coin Offering (ICO) in 2017 and the remaining 100 million coins were saved by the Binance team for future needs. Binance uses BNB to pay trading commissions on its exchange and offers additional features for users, such as discounts on trading fees, participation in lotteries, and access to exclusive features on the Binance platform.
Why BNB is worth considering
In the last bull cycle of 2019-2021, BNB posted one of the best returns on par with Solana, outperforming BTC and ETH at the end of the cycle
There is a real business behind BNB in the form of Binance
BNB's Web3 direction is actively developing, BNB Chain regularly holds hackathons, looks for promising development teams and products, and actively implements an incubation program for startups
Throughout the fall cycle in 2022, BNB was the only major asset that showed a positive trend against BTC
From June 2022 to date, the average monthly return on BNB has been aloft
BNB has the lowest covariance value against BTC compared to other major assets, which reflects its relative independence
Risks of BNB
BNB is associated with Binance and in case of problems on the largest exchange, BNB will be under great volatility pressure
BNB Chain network has few validators, 2022 there were examples of network shutdown
WHAT YOU CAN DO
If you are a portfolio investor, consider interest allocations for BNB
If you are a futures day trader who use BNB in different market situations, BNB can show opposite dynamics to the whole market
Thanks for reading our idea and don't forget to hit a rocket and write a comment with your thoughts about BNB
Promising Support ReboundIn the past week, BNB has demonstrated a downward trajectory, with its price reaching nearly $300 subsequent to breaking the lower boundary of the 4-hour range channel. However, on Friday, a notable recovery ensued as Binance Coin responded favorably to the support levels, resulting in a 4% upswing before reaching the $300 mark. Furthermore, there has been a positive response to the lower boundary of a bullish corner pattern.
Notably, the previously breached lower boundary of the range channel has now transformed into a significant resistance level. Consequently, there is a possibility of a new range channel forming, encompassing this resistance and the support at $300. In such a scenario, a range-bound trend can be anticipated for Binance Coin in the upcoming week. However, should this robust resistance level be surpassed, higher price targets within the $340 to $350 range may be considered.
Currently, the currency exhibits a downward trend in both the daily and 4-hour time frames, while maintaining a range-bound behavior within the weekly time frame.
BTCUSD → The second wave of correction. Target - 0.5 FiboBitcoin is forming a "Head & Shoulders" pattern at resistance 28470 and on the border of the ascending price channel. What to expect from the price?
At the moment, the movement is corrective and the second ABC correction wave is forming, which, theoretically, can lead the price to the level of 25400 for the expected retest of support.
The global trend at the moment is bullish, hence even small support levels play an important role.
The levels that will increase panic in the market are 27200, 26600, 25400. When these zones are broken, we should expect an increase in volatility and volume.
Since the price cannot only rise or fall all the time, it makes technical pullbacks and at the moment this movement is considered normal
The Fibo level 0.5 at 25302 may be the target for reversal. A pullback is possible from this level and prices may continue growing to the upper limit of the channel.
50SMA - as resistance
200SMA - support.
Strong resistance: level 27200, ascending line (dotted line), level 28329.
Strong support: 26655, 26600, 25400.
I expect a continuation of the pullback towards 25400. I think the bulls have a chance to hold the 25400 area before further growth.
Regards R. Linda!
TONCOIN - buy on spot at $1.86 sell at $5+Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
I took this monster into my portfolio for 5% of the deposit.
Technical: the project has been in an uptrend for almost a year, and after the breakdown of the global trend line, we lost this value, I hope that not for long and soon TON will go to test its past highs ($3+)
At the moment, the coin is testing a strong support at 0.618 from where I am going to take 5% of the deposit, followed by an addition lower by another 5% if the correction continues to the 0.5 level.
All margin and spot positions:
▪️BTC LONG - TVX $26,280 20% of deposit
▪️ETC SPOT - TVX $18.85 15% of the deposit.
▪️TWT SPOT - TVX 1.1777$ 2% of the deposit.
▪️AAVE SPOT - TVX 68.5$ 5% of the deposit
▪️LEVER SPOT - TVX 0.0016$ 4% of the deposit.
▪️DOGE SPOT - TVX $0.08970 4% of the deposit.
▪️TON SPOT - TVX 1.860 $ 5% of the deposit.
BNB: Approaching SupportBinance (BNB) technical analysis:
Trade setup : Following a bearish breakout from Rising Wedge pattern, price pulled back near $300 support zone, which could be an attractive swing entry. Previously, after a bullish breakout from Falling Wedge pattern, price reached our target of $340 but got rejected 4x thus far. That’s also a level where it got rejected last year in August and November.
Trend : Downtrend on Short-Term basis, Neutral on Medium-Term basis and Uptrend on Long-Term basis.
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance : Nearest Support Zone is $300 (previous resistance), then $260. The nearest Resistance Zone is $340, then $400.
BNB/USDT 4HInterval Resistance and SupportHello everyone, let's look at the BNB to USDT chart on a 4-hour time frame. As you can see, the price is moving below the local uptrend line.
Let's start with the support line and as you can see the first support that is currently holding the price is $ 303.4, if the support is broken then we can see the price drop to around $ 274. At this point, it is worth marking a strong resistance zone from $ 304 to $ 297, taking into account the entire upward movement.
Now let's move to the resistance line, as you can see the first resistance is $ 313, if it breaks down, the next resistance will be $ 320.6, $ 326.4 and then we have a strong resistance zone from $ 332 to $ 341.
Looking at the CHOP indicator, we see that there is still some energy for the move, the MACD maintains a downward trend, while the RSI has touched the lower limit, which may give a temporary price increase, but in the longer term I expect a further correction.
BTC, ETH ☁️ BNB🌴🌡️ XRP In Stormy Waters? ⛈️ 🤔The global crypto market is forecasted to experience partly cloudy weather with some sunshine in the next 24 hours 🌥️, according to ATTMO, a weather-inspired crypto AI forecasting tool. This translates into a slightly bearish 🐻 market with downside risk for both Bitcoin and Ethereum .
The weather is expected to be tropical 🌴 for Binance Coin – very bullish with some upside potential – in the next 24 hours. Ripple faces stormy ⛈️ weather today, trading in a very bearish market with some downside risk.
Over a one-week horizon, ATTMO expects partly cloudy weather with some sun for both major cryptocurrencies – Bitcoin and Ethereum . This forecast can be translated into a slightly 🐻 market with downside risk. Dogecoin faces stormy ⛈️ weather with sunset to return. This signals a drawn-out 🐻 market with an imminent market rebound possible over the next week.
Follow us for more crypto weather reports!
Binance Coin shortSymmetrical triangle on Binance Coin chart is broken down. Bearish movement to support level at 290 expected to happen.
BTC To Rebound 📈 BNB Upside Potential 🚀 LTC In Trouble? 🤔Bitcoin is currently facing 🌧️ stormy weather, but ATTMO is forecasting ☀️ sunny skies for the next 24 hours. This may translate to an imminent market rebound ahead, especially given the sharp decline in its transaction fees, which could support the world's largest cryptocurrency.
Meanwhile, the weather is 🌴 tropical and very bullish for Binance Coin today, with some significant upside potential. However, Litecoin 🌩️ is bucking this positive trend, as ATTMO predicts stormy weather ahead, indicating a downside risk for the cryptocurrency.
Over a one-week horizon, ATTMO expects a slightly bullish market with some upside potential for both major cryptocurrencies - Bitcoin and Ethereum . An imminent market rebound is also predicted for Dogecoin .📈
