Binance coin held the bestBesides Eth and Ltc, Bnb is another coin that I like a lot in current market conditions, and looking at the posted chart you'll understand why.
Since the ATH in Nov last year, the coin also entered a downtrend, but in mid-June 2022 we have a clear bottom here. A break above the falling trend line followed at the end of July and since then we have had consolidation and range trading.
250 is clear support here and most probably a lower high.
400 with 450 in extension could be bulls targets and only a drop under 250 would put this bullish scenario into question.
Binancesignals
BNB - DEAD after HACK?😱SHORTSETUP +30%Hi Traders, Investors and Speculators
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
The recent hack on the Binance chain has many people heading to social media to express their frustration with this network. The official update says more than $100mil is estimated to have been hacked, but some are even claiming $550mil + . This could be bad for an already bordering bearish market as it may lead to a panic selloff. However, this makes for an excellent short setup opportunity. Watch a quick 3min video to discover a high reward low risk short setup that could reward up to 30% !
Interested in Dogecoin? Check out this idea 👀
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BNB: HITTING THE RESISTANCE.Hey guys, here's a quick BNB update for you all. I hope this will be helpful.
Timeframe: 3 hours.
Update: Lately, BNB has been pushing hard to remain bullish, and recently it has come to a decisive point where BNB is facing the resistance of $292. Any coin that faces resistance always has a risk of getting rejected depending on the RSI move, the volume, and fundamentals. In the case of BNB, the RSI is in the overbought zone, with no big volume, and no major events. If the rejection takes place then we may see BNB back to the $280 to $270 level. Even if we see a breakthrough, BNB will still have to face the $300 resistance level. Once, BNB confirms a rejection, we can go short on it.
Sadly, I did not scalp BNB but for those who are long on BNB in shorter TF, it'll be good to book some profits.
That's it from my end. Thank you and trade safely.
Bitcoin Daily Update [3]Hello everyone, hope your enjoying the profits so far, if not, your up for good news!
Bitcoin is trying once again to break out of this falling wedge that I spotted on the 4h and daily, and I think it is going to break out right now!
Expect Bitcoin to pump nicely guys :)
IF you missed my long, you could trade this break out.
Time to long bitcoin once again!Hello everyone, hopefully you listened to me in my previous analysis when I said to keep leverage low because the trade was risky and we could go down a bit more.
Well we have went down a bit to where I knew bitcoin was possible to fall to, so lets long again! This trade will be extremely profitable, similar to our Ethereum Short from $2000 or bitcoin short from $24k!
I knew bitcoin might fall down more which is why I said the trade was risky, but I also knew that we are definitely going up in this current area that we are in (19k-20k).
I am expecting a good Bull rally that will take us up thousands of dollars to $22k,$23k, $24k and beyond!
Lets enter this long ladies and gentlemen!
ENTRY: Enter right now a little bit and wait because it may go down $100-200 before going up more.
Stop Loss: $19,200
TARGETS:
TP1 $21,000
TP2 $22,100
TP3 $22,800
TP4 $24,200
Time to Long Bitcoin!Bitcoin is turning bullish, I have longed both Bitcoin and Ethereum.
If you are also long please be aware that it is a risky trade because bitcoin was in a strong downtrend which may very well continue but I believe we have a good chance of going up from here!
Stop Loss : $19,600
Targets:
TP1: $21,100
TP2: $21,700
Bitcoin might go further than $21,700, but there will be resistance when we approach that area.
I will make an update when we approach that area!
Expecting downtrend for Ethereum!Check my recent Ethereum/BTC chart as well guys, Ethereum is really not looking well at all!
I shorted Ethereum already but unfortunately it tumbled a bit too fast and I could not alert you guys about the shorting opportunity.
However, I did post the $ETHBTC bearish analysis before it fell this much!
Follow me for the highest quality signals for FREE! I shorted Ethereum at the top at $2020 too before this local top!
Feel free to ask me about anything you are curious about!
ETHBTC Looking Bearish!Ethereum / Bitcoin pair is looking pretty bearish which will cause $ETHUSDT to drop too.
Although Bitcoin has the possibility of going up, like I stated in my recent bitcoin analyses, I do not think $ETHUSDT will go up too much because of $BTCUSDT.
$ETHBTC will stop $ETHUSDT from going up, and like I stated in my recent analysis, $BTCUSDT does have the possibility of going down.
If $BTCUSDT heads down, then I $ETHUSDT will suffer very hard because we will have multiple factors bringing Ethereum down.
I called $ETHUSDT from the top at over $2000 ;) check my profile for proof, and follow me to never miss out on high quality signals for free!
Daily Bitcoin Update [1]From now on I will be doing a daily Bitcoin Analysis update EVERYDAY for FREE.
Since this is the first official Daily Bitcoin Update, I have added the number 1 to the title.
In this update I am recommending stop loss moved from $20,717 to $21,412 in profit. (Entry price was $21,112)
The reason I am calling for this stop loss adjustment is because there is a higher chance of us going down now than before.
I still believe we have a decent chance of going up so lets keep the trade but move the stop loss in profit, this way this trade becomes risk free now! ;)
Follow me to never miss out on my high quality crypto market analysis and updates, for the price of 0$!
BTC Analysis updateHere is an update for you my followers that have entered the long.
BTC looks very bullish still and I think will definitely be going to $22k-$23k by today/tomorrow!
Expect heavy volatility, when we go up, we will go up very fast, and very steep!
I hope you enjoyed my analysis, I will post more updates soon!
BNB Idea for 24 August, 2022 - Trade setup276-283 is an important level. There are two possibilites at that level:
1. I will go long at 283, with a stop loss at 275.5 with a target of 315.
2. It could also form a head and sholder pattern, causing the price to go lower to 235 levels. If I get stopped out at 275.5, I might take a trade in the short side.
Time to long bitcoin once again!Hello everyone, now that Bitcoin has dipped a bit + RSI has reset and no longer has a bearish divergence + we are also above very strong local support here at $20,8k-$21,3k, I am starting to feel more bullish now!
Enter longs here at $21k, keep stop loss at or below $20,5k!
Risk: Medium
Targets:
TP1: $21,8k
TP2: $22,7k
TP3: $24,7k
Update for BitcoinIn my previous analysis, we closed most of our shorts in enormous profit, and opened a long.
I now see some bearish signs, so I advise either closing the long in profit right now and shorting, or hedge a short and keep the long open as well.
This is a scalp trade, however if we continue the downtrend and break the local support at $20.8k - $20.9k then it can turn into a longer term swing trade!
RISK: Medium/High ( be careful!)
Risk to Reward: Excellent
Keep the short's Stop loss at $21,4k$, or slightly above!
Short term targets are the support at $20,8k - $20,9k, if we break these I will post an update with more Targets!
Remember to follow me for constant quality market updates, for the price of $0.00!
Long TRXUSDT aka Tron!TRXUSDT seems pretty bullish, including TRXBTC.
I think Tron will uptrend pretty well along with Bitcoin.
But the uptrend may not last too long because Bitcoin may continue the downtrend after this bounce I am expecting in the following post:
Why is Tron bullish?
Well,
1. have spotted bullish divergences
2. Tron has a good potential for a breakout from the falling wedge
3. MACD is bullish
4. Bitcoin is bullish
Please do not use high leverage on this trade if you are trading futures!
REMEMBER, Alts are very volatile and are far more unsafe than bitcoin futures!
Time to short Bitcoin!Bitcoin has shown lots of bear flags which have made me short.
Personally I shorted around 24,7k$, right now the price is about 24,4k$.
I would wait till btc goes up a few hundred more before you short, keep stop loss at $25,3k-$25.5k$!
TP1:$23.5k
TP2:$21.9k
TP3:$21.2k
TP4:$20.4k
Expecting a bounce for Bitcoin!Hello everyone, I have closed my shorts because I am expecting a bounce.
We are above some decent support here at 21k$, and we also have bullish divergences.
I am expecting a bounce in price which could take us to 22k, before either dumping or trending upwards more.
Follow me for more Bitcoin market analysis!