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BNB eyes $800 next after BNB price 'Cup and Handle' breakout!!Technical Analysis: #Binance (Daily update) The ongoing price boom in the Binance Coin (BNB) market is painting a classic bullish chart pattern with an upside target of $800. Dubbed as Cup and Handle, the pattern appears when the price forms an advance that appears like a U-shaped trend (Cup). That follows up with a formation of a descending channel range (Handle). A breakout above the Handle range typically leads to an upside continuation, with a bullish target at a length equal to the Cup's size. So it appears that BNB has undergone a price trajectory that looks like the Cup and Handle pattern. Furthermore, the cryptocurrency's latest rally, accompanied by an increase in trading volumes, took its prices above the Handle range—a breakout—that raised the possibilities of bullish continuation ahead. 🥰If you find this helpful and want more FREE forecasts in Tradingview😍. Please show your support back🙏, Hit the 👍 LIKE button, Drop some feedback below in the comment✍️! ❤️🤝 Your Support is very much 🙏 appreciated!❤️🤝 💎 Want me to help you become a better Crypto trader? Now, It's your turn! Be sure to leave a comment; let me know how you see this opportunity and forecast. Trade well, 💪 #BNBCOIN #CRYPTO #BULLISHRUN #ALTCOIN #UPTREND
by Bitking786
$MASK/USDT 4h (Binance Futures)Falling broadening wedge breakoutMask Network has regained 200MA support and is looking good for a bounce after that pull back! More information about this decentralized portal also working on BSC and Polygon Ecosystem on mask.io Current Price= 10.3914 Buy Entry = 10.4861 - 10.1051 Take Profit= 11.5529 | 12.9695 | 15.0620 Stop Loss= 9.2858 Risk/Reward= 1:1.25 | 1:2.65| 1:4.72 Expected Profit= +24.42% | +51.94% | +92.60% Possible Loss= -19.62% Fib. Retracement= 0.702 | 0.883 | 1.117 Margin Leverage= 2x Estimated Gain-time= 2 weeks
Long
by TradingOn
BNB - Is it following ETH 2017?Feels like it is. Very similar price action and price structure. CZ just announced the $1b incentive programme - obviously the biggest out of all the ecosystems right now. This fits perfectly with the quarterly burning event happening any day now (usually within 2 weeks of the end of a quarter). Doesn't take a genius to see this equation: reduced supply + huge news = increased demand = higher price. This isn't financial advice but watch BSC projects to moon as well. Gaming NFT tokens is where I'd focus on in the BSC world since they are bringing in a loooot of new users. Watch that space to grow as it seems BSC is going to specialise in this area in the future - more than DeFi. My opinion way :)
BINANCE:BNBUSDLong
by yas_btc_eth
CAKE/USDT short (CAKE is a useless piece of shit)!BINANCE:CAKEUSDT is a useless piece of shit . The pancake platform is not able to give us something new, stupid updates, endless emissions and 99% of projects for pancake are scam. There is practically no bidding. It became uninteresting to anyone. The team does nothing useful, it just prints another $CAKE and dumps it into the market. There are many useful and interesting projects, CAKE is not one of them. While the rest of the platforms are improving technology, the cake team launches meaningless pools from scam that no one needs. Binance Smart chain broke into a filthy scum and dirt dump. Stay away from this shit .
Short
by VPutin
11
EQZ | Flash Loans | Launching DAppAs usual, DYOR. After this high cycle, which many say is pump and dump, there was a significant increase in volume in recent hours. With the launch of the application and the team's emphasis on Marketing, it is clear that bullish movements will be common. Entrys - From 0.45-0.55; Stop - It hasnt, write my works (its lower risk); Profit - 1.2 and more while mcap is under 50m. Ps. Pay attention to BTC. Another good trades will involve TRIAS, but while we have a product launch, its clear what to choose.
ELong
by hapSFoxz
ANKR daily looking primed ANKR Daily chart here looking like we have a bull flag / triple bottom in the making. Targets will be back to .13/14 range of resistance From there back to the all time high of .21 then the .618 fib. I feel when we get to that point it runs we will break above the top of the Fib an run towards $1 on the spike/wick before we come back down to the mid .60 range on the first burst. This should start to come to fruition over the coming days and weeks. Unless bitcoin gives us all a middle finger.
COINBASE:ANKRUSDLong
by One5h0t
2
LINAUSDT Double BottomPotential Daily Double Bottom with bullish divergence on MACD Histogramm and RSI. If the MACD starts loosing negative momentum and Stochastic starts crossing and starting to pivot too, (which it will achieve with a daily candle close above 0.8) it would make the argument for a long entry, after confirmation of the reversal, even stronger. I added this ONE to my watchlist after skipping thru the crypto charts acouple days ago and today its lookin even better. I visited the Website of LINA a couple Times and they seem very legit and they are in the portfolio of various big investors. if LINA can hold this cricitcal level and confirm the bullish div. this token could go much higher.
Long
by luyestefan
2
CAKE, CAKEUSDT - two possible scenariosHello guys, Quick idea here The CAKE/USDT pair continues to move in a short-term downtrend. Now the bull flag pattern has reached the previous horizontal resistance (and our target from the initial call when the price was $22), which turned into support. From here I expect a reversal with the next target marked on our chart. The daily chart is in line with the consolidation pattern as well. So in brief, I think if the price stabilized around this area we will see an uptrend continuation and reach the $45 target, then make a pullback to $40, which will be turned into support. The more pessimistic scenario will be to break below the support and touch the lower boundary of the bull flag, very similar to what we had on April 18. Old idea here: Stay safe ! Cheers
Long
by FutureBlockchain
6