is BNB the next TRXTron has been a major overperformer with catching a niche in the growing stablecoin market. While BNB has been losing market share both in its chain and with its exchange.. BNB does still look strong. It does still share an ongoing fractal with TRX. It does look like relative to its weaker performance itll grow.
I suspect TRX will pull BNB into a breakout of highs. Whether itll lead to gains as great as TRX Im not sure. Im not sure if BNB is the best risk reward but I do think BNB could follow TRX soon with not much relative to market risk.
BSC
TradeCityPro | XVS & Bitcoin : Key Levels and Insights👋Welcome to TradeCityPro!
In this analysis, I want to review XVS for you. This token is the native token of the Venus project, which operates on the BSC network and specializes in the DeFi sector. It boasts the highest TVL on this network. This platform allows users to collateralize their assets and borrow funds proportionate to their collateral. Currently, the platform's TVL stands at $1.8 billion, and XVS ranks 361 on CoinMarketCap.
👑 Before analyzing XVS, it's better to take a look at Bitcoin to better understand the market conditions. The Bitcoin analysis is done on the 4-hour timeframe.
⏳ 4-Hour Timeframe: Correction Phase in Bitcoin
On the 4-hour timeframe, after breaking the $72,771 resistance (the previous ATH), we witnessed a very sharp, high-momentum move up to $99,022. Currently, Bitcoin has entered a correction phase. The first significant support in this timeframe is $92,004, which overlaps with the 0.236 Fibonacci level. The price has already reached this level. At the same time, the SMA99 has also aligned with the candles in this area, turning this level into a very strong PRZ.
✨ The RSI oscillator has triggered divergence, exiting the lower Bollinger Band several times, which has eliminated the bullish momentum. However, the most important thing in a bullish market is that when the RSI approaches the 30 level, it often represents a good buying opportunity. Using the Bollinger Band indicator, we can better determine trend reversals and RSI triggers. However, all of these require price confirmation, which can be achieved through Dow Theory rules or short-term resistance breakouts.
📊 On the other hand, the volume of corrective candles is increasing, which is not a good sign for the correction's end and makes the bearish scenario more likely.
🔑 If the $92,004 support breaks, the next key support is $86,841, which aligns with the 0.382 Fibonacci level and is likely to serve as a major support during this correction. For now, I won't discuss other supports; if $86,841 is broken, I'll determine the rest later.
✅ XVS Analysis: Weekly and Daily Timeframes
📅 Weekly Timeframe: Long-Term Box
On this timeframe, the price previously formed a long-term box between $3.17 and $9.19. After breaking this range, a new box was formed between $5.29 and $17.43, where the price currently trades in the lower half of the box and is struggling with resistance at $9.19.
🔼 The previous weekly candle was very strong and powerful but couldn't break the $9.19 level. The current candle is also rejecting from this level. For spot buying, breaking this resistance or $17.43 is suitable. The potential targets are $40.22 and $140.26, with $140.26 being the ATH for this coin.
📉 In case of a drop, the first support is at $5.29, and on the RSI, there is a significant support level at 39.32, which can prevent a price decline. If this support is broken, the next level is $3.17, the all-time low for this coin.
📅 Daily Timeframe: Strong Resistance Zone
On the daily timeframe, the $9.19 resistance can be drawn as a range between $8.18 and $8.91, which is very important. Currently, the price is rejecting from $8.91 and has dropped to $8.18.
🔍 The main and significant support on this chart is the ascending trendline, which previously experienced a false breakout. If the price stabilizes below $8.18, the next corrective target will be reaching this trendline.
💣 If the trendline breaks, the next support is $5.98, which is a strong resistance since the market previously reversed from this level after a false trendline breakout and reached the $8.91 high.
🧩 If the RSI stabilizes above 66.27, the price can start pumping because it has already hit this level twice and been rejected. If the RSI breaks below 50, bearish momentum will enter the market, and the bearish scenario will strengthen.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
#UNFIUSDT #4h (ByBit) Rising wedge near breakdownUnifi Protocol printed an evening star and seems about to lost 200MA support, let's try a short.
⚡️⚡️ #UNFI/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (5.0X)
Amount: 5.1%
Current Price:
4.5160
Entry Targets:
1) 4.5045
Take-Profit Targets:
1) 3.803
Stop Targets:
1) 4.856
Published By: @Zblaba
NYSE:UNFI BYBIT:UNFIUSDT.P #Unifi #DAO unifiprotocol.com
Risk/Reward= 1:2.0
Expected Profit= +77.9%
Possible Loss= -39.0%
Estimated Gaintime= 1 week
#GAMEFI is a winning Crypto category along with #AI & #MEMESTherefore will produce the best returns
(along with #DEFI again)
To simplify investing
how do we take advantage of #CZ being forced to step down, fined, publicly flogged
His crime running the best crypto business in history.
Invest in a #BSC project that could 10X in rapid fashion
Got the best ticker
on CZ's public blockchain
and can be bought with a DEX on pancakeswap
***** I just found this , and I am ignoring the rapid price runup
this is not the time to be looking for DEEP pullbacks
PANCAKESWAP #CAKE Bull Flag pointing to ~ $7Cake is the yield farming incentive token and major LP pair on Pancakeswap
And was a major winner in the last cycle
People were buying Rolex's off cake rewards from pools alone!
So it's bear market is clearly over.
And the chart appears a #DEFI season is upon us.
Current price action suggests a Bull flag.
Entry points matter - but bull markets correct mistakes if you are long.
Good luck to all.
#TWT/BTC 12h (Binance) Falling wedge breakout and retestTrust Wallet Token pulled back to support and entered oversold territory in sats, looks like a great reward opportunity for a bounce towards 200MA daily.
⚡️⚡️ #TWT/BTC ⚡️⚡️
Exchanges: Binance
Signal Type: Regular (Long)
Amount: 9.2%
Current Price:
0.00002342
Entry Targets:
1) 0.00002335
Take-Profit Targets:
1) 0.00003096
Stop Targets:
1) 0.00002081
Published By: @Zblaba
$TWT BINANCE:TWTBTC #TrustWallet #BSC trustwallet.com
Risk/Reward= 1:3.0
Expected Profit= +32.6%
Possible Loss= -10.9%
Estimated Gaintime= 1 month
$TRX/BTC 1W (#Binance) Falling broadening wedge retestTron printed a bullish hammer on 200MA weekly support, looks like a golden opportunity!
⚡️⚡️ #TRX/BTC ⚡️⚡️
Exchanges: KuCoin, Binance
Signal Type: Regular (Long)
Amount: 4.5%
Current Price:
0.00000233
Entry Targets:
1) 0.00000223
Take-Profit Targets:
1) 0.00000348
Stop Targets:
1) 0.00000173
Published By: @Zblaba
$TRX #TRXBTC #Tron #DPos #SmartContract
Risk/Reward= 1:2.5
Expected Profit= +56.1%
Possible Loss= -22.4%
Estimated Gaintime= 9-10 months
tron.network
#LOOM/USDT 4h (ByBit) Ascending channel on supportLoom Network is sitting on 100EMA, seems likely to bounce back towards mid-line.
⚡️⚡️ #LOOM/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (2.2X)
Amount: 5.0%
Current Price:
0.233592
Entry Targets:
1) 0.223110
Take-Profit Targets:
1) 0.304470
Stop Targets:
1) 0.182440
Published By: @Zblaba
$LOOM BYBIT:LOOMUSDT.P #LoomNetwork loomx.io
Risk/Reward= 1:2.0
Expected Profit= +80.2%
Possible Loss= -40.1%
Estimated Gaintime= 2-4 days
#UNFI/USDT 3D (ByBit) Big falling wedge breakoutUnifi Protocol is facing strong supply zone after an insane growth, RSI looks overbought, a retracement down to 100EMA seems likely.
⚡️⚡️ #UNFI/USDT ⚡️⚡️
Exchanges: ByBit USDT, Binance Futures
Signal Type: Regular (Short)
Leverage: Isolated (3.0X)
Amount: 5.0%
Current Price:
9.2675
Entry Zone:
9.3975 - 10.1755
Take-Profit Targets:
1) 8.212
1) 7.026
1) 5.8405
Stop Targets:
1) 11.104
Published By: @Zblaba
NYSE:UNFI BYBIT:UNFIUSDT.P #UnifiProtocol #DAO #DeFi #BSC unifiprotocol.com
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +48.3% | +84.6% | +121.0%
Possible Loss= -40.4%
Estimated Gaintime= 1.5-4.5 months
#MKR/USDT 4h (ByBit) Ascending wedge on resistanceMaker is up-trending for a month but printed 3 shooting stars in a row, looks likely to retrace down to 100EMA support.
⚡️⚡️ #MKR/USDT ⚡️⚡️
Exchanges: Binance Futures, ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (5.0X)
Amount: 5.0%
Current Price:
1270.0
Entry Zone:
1285.0 - 1340.0
Take-Profit Targets:
1) 1186.0
2) 1091.0
3) 996.5
Stop Targets:
1) 1418.0
Published By: @Zblaba
CRYPTOCAP:MKR #MKRUSDT #Maker #DAO #DeFi
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +48.2% | +84.4% | +120.4%
Possible Loss= -40.2%
Estimated Gaintime= 1-2 weeks
makerdao.com
#BNX/BTC 1D (Binance) Falling wedge breakoutBinary X is about to regain 50MA and seems ready to leg up towards 100EMA resistance.
⚡️⚡️ #BNX/BTC ⚡️⚡️
Exchanges: Binance
Signal Type: Regular (Long)
Amount: 4.9%
Current Price:
0.00000856
Entry Targets:
1) 0.00000853
Take-Profit Targets:
1) 0.00001290
Stop Targets:
1) 0.00000678
Published By: @Zblaba
$BNX #BNXBTC #BinaryX #BSC #P2E
Risk/Reward= 1:2.5
Expected Profit= +51.2%
Possible Loss= -20.5%
Estimated Gaintime= 1 month
www.binaryx.pro
CAKEUSD Short term break out at $1.601 - Fast profit of 3%After a lot of time I was interested to see the CAKEUSD pair and see what is going on there.
As it is normal, NASDAQ:CAKE follows the same pattern as CRYPTOCAP:BNB does due to the recent news and all the turbulance that exist in all the crypto market and more specifically to BSC ecosystem.
It is very interesting however to examine CAKEUSDT chart and see the potential profits that can provide to us.
Right now, NASDAQ:CAKE moves around $1.558 which is on the low boarder of this graphic - the support.
In the hourly chart this might tought the price of 1.57 and then hit the resistance of $1.601.
SL is the price of $1.544 where a new analysis of the chart will be needed there.
Let me know your opinion on NASDAQ:CAKE charts!! COMMENT BELLOW!
Happy gains to all!
Elephant keeps climbing the stairsThis is a spinoff of an earlier publication I made.
I still have faith in this project, it has made a miraculous recovery after the exploit.
The last few weeks price action has been positive and liquidity has grown faster than before.
If it decides to follow the ongoing pattern, we might se another leg down, but I wouldnt be surprised if it keeps its steady pace upwards.
Check out elephant.money for more information, as far as BSC projects go, this might be the best one.
$TWT/USDT 12h (#Bybit) Descending trendline breakout and retestTrust Wallet Token regained 50MA support, seems to be done with the downtrend and ready for recovery towards 200MA.
⚡️⚡️ #TWT/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (4x)
Amount: 5.0%
Current Price:
1.2160
Entry Targets:
1) 1.2030
Take-Profit Targets:
1) 1.3845
Stop Targets:
1) 1.0820
Published By: @Zblaba
$TWT #TWTUSDT #TrustWalletToken
Risk/Reward= 1:1.5
Expected Profit= +60.3%
Possible Loss= -40.2%
$LINA/USDT 2h (#Bybit) Ascending channel on resistanceLinear faked-out and got rejected forming an evening star with a shooting star on local top, a retracement down would make sense.
⚡️⚡️ #LINA/USDT ⚡️⚡️
Exchanges: Binance Futures, ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (3.2X)
Amount: 4.9%
Current Price:
0.01703
Entry Zone:
0.01719 - 0.01835
Take-Profit Targets:
1) 0.01508
2) 0.01305
3) 0.01103
Stop Targets:
1) 0.02002
Published By: @Zblaba
$LINA #LINAUSDT #Linear #DeFi
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +48.4% | +85.0% | +121.4%%
Possible Loss= -40.5%
Estimated Gaintime= 5-10 days
linear.finance
$MASK/USDT 2h (#Bybit) Bull pennant breakout and retestMask Network is pulling back to 100EMA support where it seems likely to bounce and resume bullish after.
⚡️⚡️ #MASK/USDT ⚡️⚡️
Exchanges: Binance Futures, ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (2.0X)
Amount: 4.7%
Current Price:
6.351
Entry Targets:
1) 6.200
Take-Profit Targets:
1) 7.491
2) 8.635
3) 9.780
Stop Targets:
1) 4.698
Published By: @Zblaba
$MASK #MASKUSDT #MaskNetwork #Web3 #NFT
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +51.0% | +89.3% | +127.6%%
Possible Loss= -42.6%
Estimated Gaintime= 5-10 days
mask.io
$XRP/USDT 1D (#Bybit) Descending wedge breakoutRipple regained 100MA support while rest of the market is tanking, seems likely to push higher towards TL resistance.
⚡️⚡️ #XRP/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (3.4X)
Amount: 5.0%
Current Price:
0.3924
Entry Targets:
1) 0.3907
Take-Profit Targets:
1) 0.4593
Stop Targets:
1) 0.3449
Published By: @Zblaba
$XRP #XRPUSDT #Ripple #XRPL #XrpLedger
Risk/Reward= 1:1.5
Expected Profit= +59.7%
Possible Loss= -39.9%
xrpl.org