Binancesignals
Bitcoin Index ($XBT) Analysis by imRedaSouhail#Bitcoin Index $XBT Analysis🧩// Head and Shoulders.
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Bitcoin is still Bearish📉 A head and shoulders pattern is a chart formation that appears as a baseline with three peaks, the outside two are close in height and the middle is highest. as technical analysts, a head and shoulders pattern describes a specific chart formation that predicts a bullish-to-bearish trend reversal.
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Bitcoin index may get a bullish correction to retest its previous Broken Neckline and we might see it act as a resistance level for The $XBT index.
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ISMASHPROFIT 💎
BnbUsd- sell rallies is my strategyAfter confirming 200-220 zone as very strong support, Binance coin hast started to rise.
However, the rise is corrective in nature and I expect a drop soon.
350 could be a good place for sellers with a target near support and a stop loss above 400
Cardano ($ADA) Analysis By imRedaSouhail.#Cardano Analysis🧩 //
We've seen the $1 level pushing multiple times the Cardano's price up...The last time was 19days ago since then, the $ADA price went all the way up to $1.4880 But the price couldn't break that resistance at this previous level and we see the price making a retracement bouncing over the $1.280
support level... For a long Buyer needs to wait for a break of the descending daily trendline and a retest of our previous sideways range resistance to go long.
At the moment Cardano's price is at a bearish market.
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ISMASHPROFIT 💎
$STORJ Analysis By imRedaSouhail.#STORJ Analysis🧩 //
The $STORJ bounced over the last two resistances at $0.82 & $0.92 and making it a support level at the 4H time frame.
$STORJ is forming an uptrend on the High time frame (4h) and looking at the Short Term frame of 30min where we see a price consolidation around $0.97 & $0.94.
If We sow The price pushing outside the consolidation area our uptrend will continue its rally.
Our first target price is $1.00 the second one is $1.10.
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ISMASHPROFIT 💎
Binance is going to fall even more, where will the price stop?🚧Binance failed to close higher and corrected 10% after trying to make a new high. Bnb has now broken the local trend line and tested it as resistance. If the price tests the broken trendline again as resistance, it could be a good selling opportunity and the price will likely go lower. The closest area where there could be enough liquidity and Bnb will stop is the $270 level.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
STMXUSDT Falg Pattern!STMXUSDT (1H CHART) Technical Analysis Update
Flag Pattern
STMX/USDT currently trading at $0.0210
Buy-level: $0.0205 - $0.0210 (Wait for the small retracement)
Stop loss: Below $0.0195
Target 1: $0.0217
Target 2: $0.0226
Target 3: $0.0236
Target 4: $0.02444
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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RLCUSDT Triangle Formation!RLCUSDT (1H CHART) Technical Analysis Update
Triangle Breakout
RLC/USDT currently trading at $2.97
Buy-level: $2.94 - $2.96 (Wait for the small retracement)
Stop loss: Below $2.82
Target 1: $3.08
Target 2: $3.20
Target 3: $3.56
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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BZRXUSDT Technical Analysis UpdateBZRXUSDT (1H CHART) Technical Analysis Update
BZRX/USDT currently trading at $0.23
Buy-level: $0.225 - $0.230 (Wait for the small retracement)
Stop loss: Below $0.212
Target 1: $0.240
Target 2: $0.255
Target 3: $0.270
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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BNB to $1,300 by June 2022Assuming bull market continues, which I believe it will, BNB will make a push toward $1,300 by June of 2022.
There will be one more dip toward $240. This will put BNB into a symmetrical triangle pattern which can be bullish in the right circumstances (a bull market).
Fib extension predicts target price of close to $1,300. Thoughts?
Worse case scenario, bear market ensues for the next few years. What to do? Buy the dip, dollar cost average your position, and stake BNB-BUSD on pancake swap to make your passive income. All is good.
$MATIC/USDT Binance 1H by imRedaSouhail.#MATIC Analysis🧩 //
The trading range of the Uptrend channel had shown us many breakouts of resistances...Matic Bounced up from the support level at the $1.09 line indicating a buying opportunity and Matic did a great job breaking the $1.14 resistance which shows a good buying signal...my exêctations are :
+ A break of The $1.16 resistance and see the price going all the way up to $1.20.
+ A retest of The $1.16 resistance and going back to the lower trend line support
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ISMASHPROFIT 💎
$1INCH Setup By imRedaSouhail.#1INCH Analysis🧩 //
1INCH did a great job breaking The downtrend line, And retesting the Orange support at $2.5 Level... we might see the price pushing in uptrend retesting its resistance zone At the $2.5 Level, and Making it a Support Level..Our first target price is $2.7040 second one is $2.8020 and the SWING target at $3.2610.
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ISMASHPROFIT 💎