LINKBTC - Bitcoin going to pump?LINK is building a huge rising wedge...
If that thing triggers we are going a 60% decline in value vs BTC.
It could, but I don't think this chart is going to hit the upper boundary before falling through the wedge.
XTZBTC also looks very bad (chart analysis follows)
BNBBTC also looks bad (analysis follows)
Other big coins too.
The most logic outcome in my opinion is: Bitcoin is going to pump in value and people will move from ALTS to bitcoin.
If Bitcoin goes down, people would not convert LINK / XTZ / BNB etc to BTC but instead to USDT. If they see Bitcoin pump, they move their ALTS to BTC.
Fear and Greed Index on Bitcoin is also quite low for what happened the last few weeks.
Happy Trading!
BNB-BTC
BNB is about to the moon, if ETH / BTC break the neck line. BNB is very near to the down trend resistance, I think this time is very likely to break the resistance. watch tight ~ 20 usdt.
and crypto world is all about the status of BTC and ETH. these two brothers is about to test the very key neck line ~ 8970 and 233.
if BTC and ETH break neck line, BNB is going to the moon!
INTRADAY 03/11/19 Forecast BNBBTC BinanceDear friends,
Continuing intraday forecasts.
BNBBTC continues to move in a narrow trading channel 0.002135 - 0.0022
If we expand the direction of the Thomas DeMark trend by TF, then at the moment we get:
Week - flat
Day - flat
4 hours - bearish
In general, the bearish mood dominates the BNBBTC market.
I see the most likely direction of price movement within the local bearish channel (the scenario is marked with red arrows)
Critical level (breakdown will mean a change in the scenario) - 0.002177
The lower threshold for the day - 0.0021356
The upper limit for the day - 0,0022156
The probability of a bearish impulse is high.
Therefore, for me, the second scenario remains a priority; however, it is very fragile and will quickly decrease in probability if a local trend breaks down. In this case, the likely completion will be according to the first scenario.
Good luck to everyone and good profits!
Respectfully,
Michael @Hyipov
=================================================== ======
Like and subscribe if you liked the material.
I will be glad to any message.
Thank you very much.
Everyone GTI
Friends, I remind you that this is only my personal view of the market, which I share with you. I do not guarantee profits. Only you make the final decision and all the risks associated with it.
Good time to swing for clever traders . BNB - BTCAs the price trend shifts from the suffering channel to the upside channel, there is a forecast increase in value for the BNB.
You can enter the current price and earn up to 5 % profit at the price tag set as your first point of sale.
If you are happy with this analysis and make some good profit from the oscillation, please support me with your likes and comments.
Nucleus Vision Ncash Alltime Low And Ready To Moon! NCASHBNBThis is an important move coming soon. Ncash is expected to moon soon.