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Binance Coin (BNB/USD) | Buying Area!Hi, There's blood in the streets and it will guide some of the top altcoins into places where they might get at least a technical short-term bounce upwards to gain some profits. One of them is Binance Coin: Do you REALLY believe that BNB comes as low as $400, wtf r u talking about, never ever $400 and etc. These are just a few picks from my altcoin series comment sections and yet here it is :D Do you remember these words: I don't care why, I don't care when but if it comes I'm prepared - and it approaching my mentioned buying area quite strongly. Keep your eyes around $350, target are shown in the picture. Stay healthy, Vaido
BINANCE:BNBUSDLong
by VaidoVeek
7
BITCOIN | Inside a Buying Area!Hi, At the moment, the price of Bitcoin trades inside a possible buying zone. Criteria are quite good and at least a short-term bounce should come from the current area. Considering long-term buyers then, we still might see lower prices so, be careful with that because 50% correction from the top can still happen ;) Criteria: 1. Equal waves of AB=CD 2. Channel projection 3. Resistance becomes support 4. Daily EMA200 (haven't touched it over a year) 5. Round number 40k 6. Fibonacci rejection 7. Inefficiency around the current price Target: 46-50k Stay healthy, Vaido
COINBASE:BTCUSDLong
by VaidoVeek
8
BITCOIN | A Possible Correction Scenarios.Hi, The price of Bitcoin has printed a new lower low since September of 2020 and it got a close below the trendline (final bearish market confirmation). The close wasn't the strongest one, left a wick, and in the next day, it pumped quite aggressively back above 50k. Despite the aggressive pump, we cannot forget the happened breaks what the correction has already done. Read it from my previous post HERE . In my opinion, the key area stays between 55k to 60k. From there we might see another correction downwards. How deep it would be? At the moment, I cannot say, but the damages are done and you should be cautious. The price of BTC is back around 55k and there is quite an important horizontal price zone (white one) which has played role in the past. It has worked as support and after the break below it should start to act as a resistance level. Plus the mid-round nr. 55k should be a small psychological level and the Daily 50 EMA start acting as a resistance. The price has been above 50 EMA since Oct. 2020 but in the last week, we saw that the Daily candle closes below it. For me personally, the price action doesn't look right to go higher without another correction. It can happen but the candles layout and the one candle pump just don't match with each other to print a low which can drive the price to the new ATH. So be cautious and there will be better times for BTC from lower prices ;) Stay healthy, Vaido
COINBASE:BTCUSD
by VaidoVeek
12