BINANCE:TIAUSDT is gearing up for one last push. I've added positions on the monthly retest and will be scaling out above $12. Previous entries are sitting below $5, so feel free to check my earlier posts for the full context. I believe the 7.2 zone will become the new range low, and it's looking reasonable to target new all-time highs (ATHs) from here. This opens the door to dreaming about even more ambitious targets.
BINANCE:BNBUSDT Here with another speculation about crypto assets. This time Binance coin with BNB ticker. Let’s take a look at the project’s information: Launched in July 2017, Binance is the biggest cryptocurrency exchange globally based on daily trading volume. Binance aims to bring cryptocurrency exchanges to the forefront of financial activity globally. The idea behind Binance’s name is to show this new paradigm in global finance — Binary Finance, or Binance. Aside from being the largest cryptocurrency exchange globally, Binance has launched a whole ecosystem of functionalities for its users. The Binance network includes the Binance Chain, Binance Smart Chain, Binance Academy, Trust Wallet and Research projects, which all employ the powers of blockchain technology to bring new-age finance to the world. BNB is an integral part of the successful functioning of many of the Binance sub-projects. Source: Coinmarketcap.com $ BNB Market Cap: $ 94.5 B Market Cap Rank: 6 Market Price: 723 $ ATH: $ 793 (-8.8% now) ATL: $ 0.096 (+753188% now) Technical highlights: - W1: Trend: There are few coins that kept their trend bullish in long term and BNB is one of them. Price ranged from $ 180 to $ 700 for more than 1370 days and after that in December.24 price made a new ATH at 793$. . In weekly time frame price faced range high and trying to absorb the supply above. In next two days weekly candle will close and if price managed to close above 700$ I believe the price discovery will continue. There is an important point in recent monthly candle close. Last candle closed as bullish engulfing with good volume. This is a very strong bullish signal for any asset. MA: above all key Mas in W1 so bullish imo. RSI: Value is around 67 and is strong in weekly time frame. That supports the trend direction. OBV: Since early 2021 OBV remained almost flat. That shows that there are no much outflow. They kept their BNB holdings for a reason. Volume: in last 4 weeks volume slightly increased and traders made more transactions. BNB got more attention from market and with current market direction and Bull Run I read this as more buyers. **In my point of view, channels play an important role in trend direction and targets. Each time trend breaks a channel, a move toward the direction of break out with the size of channel will mostly happen. ** Supports: $ 680 - 720 Range high- ATH (to be tested in W1) $ 500 – 550 Demand zone Resistances (fib. Based): $ 800 fib. 1.272 $ 860 fib. 1.414 $ 960 fib. 1.272 $ 1260 fib. 2.272 $ 1425 fib. 2.618 $ 1900 fib. 3.618 $ 2350 fib. 4.618 $ 3000 $ 4000 Conclusion: All these opinions are mine and can be wrong, so please DYOR. BNB stuck in this range for a long time and challenges happened to Binance and CZ extended this. But now I believe it’s unhinged now. I’m a Holder and a buyer of this coin. My strategy goes as below: ? Pair: BNB/ USDT ? ? Bitcharge ? ? 06/12/2024 ? POSITION: ?"Buy"? 2 % of capital ? Buy: $ 650 – $ 700 ? ?Sell Targets? ?TP1: $ 800 ? ?TP2: $ 860 ? ?TP3: $ 960 ? ?TP4: $ 1100 ? ?TP5: $ 1260 ✈️ ?TP6: $ 1400 ? ?TP7: $ 1600 ? ?TP8: $ 1800 ? ?TP9: $ 3000 ? ?TP10: $ 4000 ? ⛔️ SL: $ 540 ⛔️ by closing W1 Below
SPY is moving in a really nice ascending channel, and if breakout occurs on any side, we can expect a big move today or coming week.
Hey Traders, in today's trading session we are monitoring EURUSD for a selling opportunity around 1.06800 zone, EURUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.06800 support and resistance area. Trade safe, Joe.
Let it show bullish move in smaller time frame bigger time frame still breakdown and retesting closing below this range and next week opening will be red personally not in any trade right now..
I mean, look at this. We are at a major uptrend. But we can start to see some distressing indicators showing we are reaching a top. The saying “buy the rumors, sell the news” still holds. We now have 'TRUMP' news. I think that might say enough.
Just some lines and indicators around this stock after pipers event that was surprisingly positive.. still DCA if drops to 3,80 after that i would own more then 3.5k shares. Im a shrimp in the space but need to start somewhere
Hello Traders; From the next two weeks we are seeing the momentum of the gold market that 2666 gold made high and 2606 made low. According to our strategy, the market will remain bullish beyond 2606.
Forecast for 2025 On the above monthly chart price action has rallied an astonishing 140% since the lows of March 2020. A number of reasons now exist for a bearish outlook. Very bearish. They include: 1) Price action and RSI support breakouts. 2) Regular negative divergence. The time length used is the same as the positive divergence. 3) The Cup and Handle projection has achieved the forecast target. 4) The rising wedge breakout. The wedge allows a forecast to be made using the top and lower touch points for a 35% correction to $20. Is it possible Silver continues to rally? Sure. Is it probable? No. Ww
i will be expecting BTC correction possible zigzag pattern or triangle pattern.. alts my encounter bleeding too. since macro dominace will bounce.. good time to buy alts if this activated