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$BEL/BTC 2D (Binance Spot) Big falling wedge breakout and retestbella.fi looks bullish here after regaining 50MA support and preparing for a big move up mid-term! Bella Protocol is not only DeFi but also part of Binance Smart Chain (BSC) and Polygon Ecosystem. Current Price= 0.00004422 Buy Entry= 0.00004410 - 0.00004038 Take Profit= 0.00005391 | 0.00007094 | 0.00008419 Stop Loss= 0.00003469 Risk/Reward= 1:1.55 | 1:3.8 | 1:5.56 Expected Profit= +27.63% | +67.95% | +99.31% Possible Loss= -17.87% Fib. Retracement= 0.382 | 0.618 | 0.786 Margin Leverage= 1x Estimated Gain-time= 4.5 months
Long
by TradingOn
$DOT/USDT 1D (Binance Futures) Ascending channel on supportPolkadot has been consolidating for some weeks and is retesting demand zone right now. 50MA and 200MA are about to make a golden cross, this looks quite bullish for mid-term! Current Price= 29.211 Buy Entry = 29.326 - 26.790 Take Profit= 35.665 | 42.994 | 51.954 Stop Loss= 22.971 Risk/Reward= 1:1.5 | 1:2.94 | 1:4.7 Expected Profit= +27.11% | +53.23% | +85.17% Possible Loss= -18.13% Fib. Retracement= 0.786 | 1.272 | 1.764 Margin Leverage= 1x Estimated Gain-time= 2 months
Long
by TradingOn
2
$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/BTC 4h (Binance Spot) Falling broadening wedge breakoutBinance Coin is recovering and just regained 200MA support, bullish continuation is in play! "Binary Finance" combines Centralized and Decentralized exchanges thanks to Binance Smart Chain, more info on binance.com If you know how to trade in Binance Margin, you can use up to 3x leverage for that set-up. Current Price= 0.009087 Buy Entry= 0.009030 - 0.008868 Take Profit= 0.009571 | 0.010120 | 0.010808 Stop Loss= 0.008533 Risk/Reward= 1:1.5 | 1:2.81 | 1:4.47 Expected Profit= +6.95% | +13.09% | +20.77% Possible Loss= -4.65% Fib. Retracement= 1.117 | 1.414 | 1.764 Margin Leverage= 1x | 2x | 3x Estimated Gain-time= 3 weeks
Long
by TradingOn
Is it over for BNB?In my opinion probably yes. I do believe Binance has done many things wrong over the years, especially in the US... so the hammer is coming for them too. They played games, they made tons of money... but in the end regulators will go after them for a million different reasons. Of course it will be mostly about control over the industry, but no matter whether I agree with it or not, it is coming. Binance will survive, but it is taking multiple hits over and over again. Overall exchange tokens went up a lot prior to the regulators stepping in, so it big dumps are easier. The market was already reversing and we are seeing some of that money flow into DeFi. Of course in the short term both will get hit, but DeFi has a much stronger case for it to be made. BNB could be classified as a security, their ICO could be deemed 'inappropriate' and the Binance chain not decentralized enough. We already see many users being forced to leave the platform from many different countries. They are the largest, and so they are the biggest and easiest target out there. BNBUSD and BNBBTC have definitely gotten them memo and they aren't looking all that great. To me there is no way back, but be aware for some scam rallies before going lower. That's why it is better to have a large stop loss than a small one. Any rally is to be shorted...
Short
by BitcoinMacro