Bitcoin To Evaporate "Altcoins" Caution.
I was around and saw it first hand when alt coins first launched Ethereum, Dash, Peercoin, BTS.
All with dreams and high hopes built on fraud like an MLM scheme.
How does it end? they have their cycle of a bull run outperforming Bitcoin for a short period of time followed by a slow painful decline, there's a reason we don't hear from the "Dash, D Cash" crew anymore, there's a reason we don't hear from the "Green" Peercoin yes they too had their, .Ether, Binacian, Dot communities.
What could happen? the year could be 2026 and you won't hear a peep out of Ethereum, Binance people due to shame and the connection to ignorance of these ecosystems.
I have no interest in "altcoins" and only followed a company called Tzero that tried to utilize legally the ERC-20 method to launch digital securities and guess what happened? they ended up shutting down operations due to ERC-20 on Ethereum simply not working or having a suitable model.
Digital currencies, tokenization are experimenting with ERC-20 in house clones that operate internally with no token, as logically if institutions will adopt something like an ERC-20 standard they will just create their own like they're doing not relating to Ethereum's token.
There is a major reason leading institutions are warp speeding Bitcoin spot ETF applications and not "altcoins".
If history repeats I suspect altcoins like Ethereum / BNB / SOL / DOT to slightly follow the pull of Bitcoin but underperforming and eventually when Bitcoin is in a late stage bull run capital will bleed and bleed out of them back into Bitcoin.
Lets see how this ultimately plays out, I expect when Bitcoin makes a move to $90,000 if Ethereum has not orbited near $6,000 the lost of trust in the alt networks will accelerate and the demise will start, you will see the communities like the last start panic followed by turning on each other followed by Bitcoin accumulation.
BNBUSDT
BNB are you ready for a hard landing?Hello friends, the market is in a real spiral of events and it seems to me that there is a lack of steam for some big performances. So I think summer is just around the corner and especially with altos we have a lot to look forward to =) buy at the bottom and sell at the top. Always SL and if BTC doesn't go well in retests always money out.
Binance Coin can correct to support line and then rebound upHello traders, I want share with you my opinion about Binance Coin. Looking at the chart, we can see how the price some days ago started to trades in an upward channel, where it first rebounded from the resistance line and fell to the buyer zone, which coincided with the 301 support level. After this, BNB bounced up and some time traded near the 301 level, after which it made a correction back to the buyer zone. Soon price backed up and a few time traded between the support level, after which it reached support line of the channel and made a strong upward impulse to the resistance line of the upward channel. BNB rolled down from this line and declined to 345 points, after which it turned around and started to rise to the current support level, which coincided with the support area. In a short time later, BNB reached this level, and broke it, thereby exiting from the upward channel and continuing to move up near the support line. Now, the price trades near the support line and I think that Binance Coin can correct to this line and then continue to rise higher. For this case, I set my target at the 430 level. Please share this idea with your friends and click Boost 🚀
BNB/USDT 4h ChartI invite you to review BNB in a four-hour interval. As can be seen at the beginning, the price is again approaching the upper limit of the ongoing upward trend channel, which may limit the upward movement.
In this situation, we will deploy the trend based fib extension tool, thanks to which we can mark a very strong resistance zone from $402 to $411, which is the upper border of the channel, which again may be a big limitation for further growth, but if the price positively overcomes the resistance zone, further we can see a rapid increase to around $438.
Looking the other way, we can similarly identify support areas where the price could potentially end its recovery. And here we should take into account a small zone from $385 to $380, and then we can see how the price may return to the level of $369.
When we look at the RSI indicator, we can see that there is still room for growth, while the STOCH indicator again exceeds the upper limit, which previously resulted in the suspension of growth and recovery.
#BNB: Breakout this bull flag!BINANCE:BNBUSD BINANCE:BNBUSDT GETTEX:BNB #BNBTRADE SETUP
BNB broke out this bull flag in the eight-hour time frame.
A retest of the pattern is needed.
Technically, after the retest expecting almost 30% bonds as per the pattern.
Entry: CMP and add more up to 310$
Target:
328$
340$
358$
370$
400$
SL: 295$
To manage the risk, it is recommended to set a stop-loss.
#DYOR
BNB NEW UPDATE (4H)This analysis is an update of the analysis that you can see at the bottom of this page, in the related analysis section
In the previous analysis, we specified an invalidation level of 2.8% for BNB from the supply range and announced that if this level is touched, the analysis will be violated. The invalidation level was touched and the previous analysis was violated.
In the previous analysis for BNB, we imagined a diametric correction for wave B, but the correction was a triangle.
BNB has completed a wave A and a wave B. It is now expected to have an upward wave C while maintaining the green swap range.
BNBUSDT - Price can continue to grow to $400 in rising channelHi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊
Recently price entered to rising channel, where it some time traded near support level, which coincided with support area.
One time, price fell to support area, but soon turned around and made upward impulse higher than resistance line of channel.
After this, BNB in a short time declined to support line of channel, making fake breakout and then bouncing up to $366 level.
Soon, BNB broke this level, which coincided with support area, and rose to resistance line, but recently fell back.
Also, price bounced up and now it continues to grow in channel, that's why I think that BNB can little correct and then rise to $400
If this post is useful to you, you can support me with like/boost and advice in comments❤️
💡Don't miss the great buy opportunity in BNBBTC %66My friends, I am intensively working on BNB. You can also review my previous analyses regarding BNB. I hold a positive view on BNB. The ecosystem is expanding, the BNB staking in launchpads, Binance's dominance in the sector, and the token burning policy until it drops below 100 million—all these factors are positive for BNB. As you can see, my past predictions have never been wrong. Now, I am expecting a 66% increase with a 5% risk factor. My expectations are actually higher, but this is what I can share with you.
LITUSDT IDEAUPDATE
Falling Wedge Breakout Has Already Confirmed Expecting Massive Bullish Rally In Midterm Send It Towards 2$✍️
COIN DETAILS
Litentry is up 13.90% in the last 24 hours. The current CoinMarketCap ranking is #549, with a live market cap of $53,862,606 USD. It has a circulating supply of 39,619,383 LIT coins and a max.
BNB/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this BNB/USDT update from Crypto Sanders.
Chart Analysis:- Hello friends, what do you think after seeing the chart? Please comment on the BNB WEEKLY update.
Surprisingly, Binance Coin is the best performer on our list after increasing its price by 6% this week and hitting a new yearly high. The bias is bullish, but current market sentiment may temper expectations of higher price levels.
For this rally to continue, buyers need to push BNB above 377 and claim this level as key support. This will open the door to higher prices due to which this cryptocurrency can break above 400.
Binance Coin could make new highs if buyers remain determined. Failure to sustain above 377 could lead to price correction towards 330 or 300.
I have tried to bring the best possible results in this chart.
If you like it, hit the like button and share your charts in the comments section.
Thank you.
HelenP. I Binance Coin can decline lower than trend line to $348Hi folks today I'm prepared for you Binance Coin analytics. A not long time ago price traded near support 2, which coincided with the support zone, but later it declined below this level to the trend line. After this, BNB turned around and started to rise to support 1, which coincided with one more support zone, breaking support 2 again. When it reached support 1, it soon broke this level and rose higher, but later price made a correction to support 1, and then some time traded near. A few moments later, BNB declined to the trend line, which coincided with support 1, and then made impulse up to 387 points, thereby breaking the 375 resistance level, which coincided with the resistance zone. Binance Coin some time traded near this zone, but a not long time ago it turned around and declined lower than the 375 resistance level, thereby breaking it one more time. Now, the price trades very close to the resistance level, and I expect that BNB will continue to decline to the support level, thereby breaking the trend line. For this case, I set two targets, the first target at the 360 level, which coincided with the trend line, and the second - at the 348 support level. If you like my analytics you may support me with your like/comment ❤️
BNB Want to run higherBinance Coin is for sure in a good momentum and the trend is strongly bullish. I expect a continuation of the bullish trend till the resistance level at 414 where i will look for a short entry. The first resistance level is 390, my main ideas is not to long now but to wait for a short
BNB/USDT 1HInterval Chart ReviewI invite you to review the BNB chart, on a one-hour interval. We will start by identifying the main uptrend line with the yellow line.
Moving on, we will move on to marking the places of resistance. And here, after unfolding the trend based fib extension grid, you can see how the price has currently bounced off the strong resistance at $374.5, which is located at the so-called golden point of 0.618 Fib. Looking further, when the price breaks above the current resistance, the important resistance level is around $393.
By looking the other way, we will designate supports. And here support is visible at the level of $361, and then the level around $352 should be kept in mind.
At this point, it is also worth determining the locally ongoing upward trend over which the price is staying.
If we look at the RSI indicator, we will see a recovery just before the upper limit, similar behavior can be observed on the STOCH indicator, and in both cases there is still room for a deeper recovery.
BNBUSDT Elliott Waves Analysis (midterm expectations)Hello friends.
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Everything on the chart.
I expecting that a correction will begin soon, and after that our growth will continue.
Who's out of position - entry zone 290-260. (im on pos from 234)
Good luck everyone!
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It's not financial advice.
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Open to any questions and suggestions
BNBUSDTBased on the given market data, the Binance Coin (BNB) is currently trading at $348 against USDT. The Relative Strength Index (RSI) for 4 hours, 1 day and 7 days are 44.49, 75.01, and 76.11 respectively. This indicates that the coin is in a neutral zone in the 4-hour interval, but is overbought in the 1-day and 7-day intervals.
The Moving Average Convergence Divergence (MACD) for 4 hours, 1 day and 7 days are 1.5, 13.5 and 23.5 respectively. This suggests a bullish trend in the market as the MACD is above zero in all intervals.
The Bollinger Bands (Bb) for 4 hours, 1 day and 7 days are 361.0, 366.0 and 366.0 respectively. The current price is below the middle band in all intervals, indicating a potential upward movement.
The support levels for 4 hours are $344, $331, and $326, whereas for 1 day they are $339, $325 and $304, and for 7 days they are $284, $263 and $222. The resistance levels for 4 hours are $358, $368, and $379, whereas for 1 day they are $367, $378 and $386, and for 7 days they are $367, $401 and $454.
In conclusion, the technical analysis indicates a bullish trend for BNB. However, the overbought conditions suggested by the RSI for 1 day and 7 days might trigger a price correction in the short term. As always, it's essential to consider these indicators in conjunction with other factors and your individual risk tolerance.
BNB: Resistance BreakoutTrade setup : Price remains in an Uptrend. After consolidating in a Bullish Flag pattern, price broke out in the direction of the existing Uptrend and broke above our target of $350. Potential upside to $400 next (+14% gain). Stop Loss (SL) at $320.
Pattern : Bullish Flag pattern. Short term small rectangle trading range between diagonal parallel lines. It moves counter to the prevailing price trend observed in a longer time frame on a price chart. It forms typically following a sharp advance and often indicates a small change in direction (or areas of consolidation) before the previous trend resumes. Flag pattern is among the most reliable continuation patterns that traders use because it generates a setup for entering an existing trend that is ready to continue. Trade is initiated on a breakout, if it is in the same direction as the prevailing trend. Also, with bullish flag patterns, traders prefer a breakout with an increase in volume but it isn’t a must.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish but inflecting. MACD Line is above MACD Signal Line and RSI is above 55 but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum is weakening.
Support and Resistance : Nearest Support Zone is $300, then $260. The nearest Resistance Zone is $350, which it broke, then $400.
Binance Coin can exit from pennant and rise to 270 levelHello traders, I want share with you my opinion about Binance Coin. Looking at the chart, we can see how the price a few time ago traded in a range, where it two time fell to the buyer zone, which coincided with the support level. In a second try, BNB rebounded from this zone and rose to the top part of the range, after which turned around and in a short time declined back, thereby exiting from range and breaking 297 one more time. Then the price started to rise in an upward channel, where soon, BNB rose higher than the 297 level and later made a correction movement to this level, which coincided with the support line of the channel. Next, the price bounced from this line and continued to move up in the channel to the resistance line, but when it reached this it, BNB rebounded, entered to the pennant, and made a strong upward impulse to the resistance line of this pattern, thereby exiting from the channel and breaking 350 level, which coincided with support area. But a not long time ago price rebounded from this line and declined to support area. At the moment, BNB trades near the resistance line of the pennant and I think that the price can fall to the support area and then continue to move up, thereby exiting from the pennant. For this reason, I set Take Profit at the 270 level. Please share this idea with your friends and click Boost 🚀