Bitcoin - this FUD can break the pattern!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅
Friends, I decided to add some thoughts to the previous post on bitcoin.
Technical: slightly corrected the "falling wedge" formation and now we have support around $28,350, where the price may go very soon...
Earlier, I wrote about FUD with BinanceUS that they allegedly want to close the exchange, but in fact there is nothing to close there ... as always, they want to make a molehill out of a molehill and seem to collapse the market.
Now a new FUD has arrived, already associated with the HUOBI exchange, that it is not solvent, and if the exchange is not solvent, then what does it mean? That's right - liquidity starts to leave the ship (exchange) in a panic and keep their babulets away from there because of this, the exchange may simply collapse, well, as long as we don’t observe this news on the surface of the day and there is nothing serious on the market, and the HUOBI representative herself replied that this is all only rumors... well, we all know how rumors can win back on the main asset. Just be careful guys now!
In general, a storm is approaching next week, although we may see something interesting on bitcoin before the opening of the new week, for example, a fat candle towards $28,000
So while we are following all the news and the market as a whole as closely as possible, I recommend abstaining from long positions for a while, it can be very dangerous.
BNB
Worldcoin ($WLD) Chart Analysis: Potential Price Movements and EWLD/USDT chart Analysis:-
In this analysis, we will examine the current trading status of Worldcoin ( MIL:WLD ) and its potential price movements based on chart patterns. We will also consider factors such as total supply and market circulation to gauge the possibility of significant price swings. This analysis aims to provide insights for investors looking for potential entry opportunities in $WLD.
Current Status:
At the time of writing, MIL:WLD is trading at $2.15 and appears to be moving within a parallel channel on the chart.
Price Expectations:
Considering the historical performance of similar projects like MATIC, the analyst expects MIL:WLD not to surpass $3 in the near future. However, it is important to exercise caution and avoid falling into FOMO (Fear Of Missing Out) as predictions are subject to market volatility.
Support Levels:
The chart analysis indicates that $2 is a strong support level for $WLD. A break below this level might lead to potential price declines towards $1.5 and $1. Investors should closely monitor this level to make informed decisions.
What If $3 Level Is Broken?
Given that the total supply of MIL:WLD is 10 billion with only 1% in the market for circulative supply, there is a possibility of market manipulation by big investors seeking to book profits at the top. If the $3 level is broken, it may provide a short-term price surge, but investors should remain cautious.
Entry Opportunities:
If the price of MIL:WLD goes around or below $1, it could present a good entry opportunity for investors seeking a favorable risk-to-reward ratio. However, it is crucial to perform thorough research and due diligence before making any investment decisions.
Disclaimer : This analysis is not financial advice. It is for informational purposes only. Investors should conduct their own research and seek professional advice before making any investment decisions.
SHIB - breaks the global countertrend line!!!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅
After a local accumulation of 1.5 months, SHIB broke through the global countertrend line and the asset has already managed to gain a foothold higher.
The nearest strong resistance level is 0.618 Fibonacci on the global 3D chart.
From the technical side, it looks super-positive, well, since I am waiting for a correction in BTC, maybe we will see downward movement under the trend line again, so here fifty-fifty friends, well, there is an option that the asset will go against the trend, i.e., BTC will fall and SHIB will stand in one place or go up :) Be careful friends;)
210.2-243.5 is a strong support sectionhello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(BNBUSDT chart)
(1M chart)
The HA-Low indicator has not yet been created on the 1M chart.
So, we need to see if this drop creates an HA-Low indicator.
If the HA-Low indicator is created, the key is whether it can be supported around it.
There is a possibility that the 284.8-353.3 section, which is a support and resistance section formed after the surge, will play a role as a volume profile in the future.
The StochRSI indicator has entered the oversold zone.
Therefore, when coming out of an oversold zone, you should check whether it finds support or resistance at any point or zone.
(1W chart)
The key is whether it can get support and rise above the 233.9 point, i.e. the HA-Low indicator on the 1W chart.
If support is confirmed near the HA-Low indicator, it is time to buy.
The first selling zone is near the HA-High indicator (284.6).
Looking at the correlation between the HA-Low and HA-High indicators, we can see that there is still room for upside since the HA-Low indicator is longer than the horizontality of the HA-High indicator.
However, since the StochRSI indicator has entered the overbought zone, if it falls below 233.9, the situation may change, so a stop loss is necessary when it falls below 233.9 and shows resistance.
(1D chart)
It is showing sideways movement near the MS-Signal indicator.
Accordingly, if it rises above 243.5, it is expected to rise to around 284.8.
However, there is a possibility that it will touch the 150 EMA and M-Signal indicators on the 1W and 1M charts and decline.
Even if it falls to around 210.2 due to a temporary decline, the 210.2-243.5 area is a strong support area, so it is a buying time.
In this way, the 284.8-332.4 section, which is expected to act as a volume profile, corresponds to the first selling section.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
Will the uptrend break? CZBINANCE is up to the old?!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅
- Will the uptrend be broken?
WEEK RESULT:
Friends, the week turned out to be very hot for volatility, they removed liquidity both from above and below, and even removed my limit at 29,888, thereby averaging my entry point at $28,560
There are no special changes on the chart, the price of bitcoin continues to consolidate in one range, thereby accumulating energy for the next impulse, it remains to understand where this impulse will be directed.
TECHNICAL PART:
From a technical point of view, we have a "wedge" formation that worked perfectly on both sides, testing the support from below and after that we saw a $30,000 exit. You can say locally filmed both those and these :)
WHERE WILL THE PULSE GO?
Now it remains to wait for the next impulse, and I am still inclined to believe that it will be directed to a retest of 28,550 with a drop below to break the trendline, there is still a lot of liquidity that the MM is targeting. Plus, the indicator on the older timeframes is still short. (I do not rule out shooting upwards by 300-500 points).
ABOUT BINANCE US AND CZ:
By the way, remember the story about lawsuits against CZ, I wrote a detailed post about it, in general, all this FUD started to come out again, now they want to close Binance US, but why if there is almost no liquidity left? CZ refutes this information and leans back again with his crown "4".
YOU ARE READY?
I mean, guys, this empty news can again win back the market with a negative and again an unexpected take-out, because the market maker needs to create a movement in the market for something, and so, if you are reading this MM, you know we are ready for any movements !
#BNBUSDT Buyers Flex Muscles💎A few days back, #BNBUSDT accomplished a significant feat by successfully penetrating the downtrend trendline resistance. On the subsequent pullback, it found solid support at the uptrend trendline, igniting potential for increased trading activity and volume. As the probability now strongly favors further growth, an intriguing opportunity for buyers emerges.
💎This opportunity remains compelling as long as #Binance coin remains above the crucial $220 support, where it formed a double bottom. While we anticipate further growth, Paradisers must also be prepared for potential price spikes below the current minor support at $235.
💎As we chart the course for #BNB, our eyes are on the critical resistance at $285, which converges three powerful indicators—the 50% Fibonacci retracement, the downtrend trendline, and the 200 Simple Moving Average. The presence of these indicators at $285 suggests that this uptrend may unfold over approximately 3 weeks.
💎Additionally, the MCP team will closely monitor the next significant psychological resistance at $300, corresponding with the 61.8% Fibonacci retracement level, the previous supply zone, and the breakout point of the 200 SMA.
💎In summary, #Binance's imminent move, expected to unfold very soon, keeps us on our toes. With our foresight and strategic approach, we are poised to seize every opportunity that arises, whether it leads to bullish or bearish territory.
Ascending to the Top 10 MarketCapRadiant (RDNT), the trailblazing decentralized finance (DeFi) platform, is not only set to surpass AAVE but aims for the coveted Top 10 spot in the cryptocurrency marketcap. With its game-changing features and an unwavering commitment to growth, RDNT is primed to make a significant impact in the blockchain industry.
Embraced by a fast-growing community of over 28,000 holders, Radiant has garnered widespread trust and support. Its smart contracts have been thoroughly vetted and audited by leading security firms, instilling confidence in users that their assets are well-protected.
At the core of Radiant's rise lies its dedication to innovation. The platform's omnichain money market empowers users to seamlessly deposit and borrow assets across various chains, defying the limitations of traditional finance. This breakthrough approach consolidates fragmented liquidity, propelling DeFi into a new era of accessibility and convenience.
RDNT's gated emissions model further strengthens its position as a sustainable DeFi leader. Dynamic Liquidity Providers (dLP) are rewarded for their active contributions to the protocol, fostering a balanced ecosystem for long-term success.
Radiant's roadmap sets ambitious goals for expansion, with cross-chain functionality and a diverse range of collateral options on the horizon. By consistently pushing the boundaries of what's possible in DeFi, RDNT is poised to secure a place among the Top 10 marketcap, joining the ranks of the most influential cryptocurrencies.
As the radiant glow of RDNT illuminates the crypto space, investors, enthusiasts, and DeFi enthusiasts are drawn to its potential for transformative growth. By aligning cutting-edge technology, a vibrant community, and a clear vision for the future, Radiant is ready to shape the financial landscape and pave the way for a new era of decentralized finance.
Don't miss out on the Radiant revolution—join us as we rise to the Top 10 and beyond. Together, let's unlock the full potential of DeFi and create a radiant future for all.
BNB Trade Surges: 0.5% Profit Achieved so farFantastic news! Our recent BNB trade has delivered remarkable results, achieving an impressive 0.5% profit. It's a testament to our strategic approach and the power of informed decision-making.
Stay tuned for more exciting opportunities as we continue to navigate the markets with precision and expertise.
Happy trading! 📈💹
Sam Altman: The Genius Behind WorldcoinWorldcoin is an open-source project conceived by the brilliant mind of Sam Altman, hailed as the greatest genius of our time, with a vision to provide access to the global economy for everyone. Designed to be decentralized, the protocol is overseen and guided by its own community of users, led by the visionary thinking of Altman.
Sam Altman's brilliance permeates the entire development of Worldcoin, a currency designed to surpass all expectations and become superior to Bitcoin. Through the unique digital identity provided by World ID, another brainchild of Altman, Worldcoin plays a pivotal role in validating humanity in an increasingly AI-driven online world.
The functioning of Worldcoin, explained in three steps, is the result of Altman's forward-thinking:
Step 1: Download the World App
By downloading the World App, created under Altman's visionary leadership, users can create their Worldcoin account and access a digital wallet linked to Worldcoin, Bitcoin, Ethereum, and other cryptocurrencies, including stablecoins. The World App, operated in partnership with Tools for Humanity, bears the stamp of Altman's genius, opening doors to the global financial revolution.
Step 2: Obtain the World ID
To receive a free portion of Worldcoin tokens and other cryptocurrencies, obtaining the World ID, another ingenious innovation by Altman, is necessary. World ID is verified anonymously through a device called Orb, a unique creation utilizing iris biometrics to establish digital identity and uniqueness for each individual.
Step 3: Receive Free Worldcoin Tokens and More
After verifying their unique humanity (anonymously), users can use their World ID within the World App to learn about cryptocurrencies and receive free portions (airdrops) of Bitcoin, Ethereum, and more. With Altman's genius, the Worldcoin token will be distributed globally and freely to all human beings, revolutionizing the global economy.
Worldcoin is supported by two important organizations, both guided by Altman's brilliance. The Worldcoin Foundation and Tools for Humanity share the vision of providing a fair and inclusive participation in the global economy, with initiatives aimed at protocol development and user community support.
As the Worldcoin protocol expands and grows under Sam Altman's leadership, it is likely that more companies and brilliant minds will join to support this global financial and identity revolution. Sam Altman's legacy and the genius of Worldcoin inspire a bright and inclusive future for humanity.
BNB/USDT 4HInterval Review CHARTHello everyone, welcome to the BNB to USDT chart review on a four-hour timeframe. We will start by selecting the uptrend channel in which the price is moving at the lower border, locally we can see that we managed to get out of the downtrend line at the top.
When we lay out the Fib Retracement grid, we see that the price stayed in the strong support zone from $241 to $236 and has now moved above it, however, when the direction of the price changes and the zone is broken, we still have very strong support at $229 and then level of $221.
Looking the other way, we see a third approach to resistance at $245, then we can see a rapid rise to a strong resistance zone from $248 to $251, when it breaks out higher, we have resistance at $255, then at $261 $.
The CHOP index indicates that there is energy to be used, the RSI is moving in the upper part of the range, and what's more, we can see that downward movements on the indicator give a larger correction than upward movements. On the STOCH indicator, we are approaching the upper limit, which may also affect the upcoming price rebound.
Bitcoin - gained a short position!!!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅
I decided to re-enter the scalp-short 20% of the deposit.
Technical: the price has come out of the "bullish wedge" which may give a slight rebound to $29,850-30,000. I'll put a limit order in case of a squeeze.
Deal plan:
▪️Entrance - 29,380/29,888$
▪️Stop - $30,655
▪️Take - I will update.
Guys, there is still a lot of market maker pressure on bitcoin like it was in the $30k zone just recently, but there have been attempts to go higher. Therefore, I do not rule out the fact that from the current values we will see upward lumbago.
Goal: to see a test of the $28,050-$28,500 global trend line, there is a large liquidity gathering in this zone.
P.S: I use a short stop-loss for a trade and a leverage of no more than 5X. Pay close attention to your risk management.
Bitcoin - a possible takeaway before the next fallHello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅
Greetings friends! I sketched such an interesting plan for a bitcoin chart on TF 1D.
The boring flat continues, but the price forms bullish patterns for us, this time a falling wedge, which, as we see, has already been broken and, perhaps from this breakout, we will see a reaction a little higher than $29,500.
At the moment, I don’t see a scenario to go above $30,000-30,200 (600-800 pips) Bitcoin is still under strong pressure from the buyer and there is a presence that they can even start dumping without a rebound, so be careful if you take long margin positions with high leverage.
I think I'll be in position soon, watch the market for a while... But it will be nothing more than a scalp.
BNBUSDT POSSIBLE 2XThe straight lines you see on the chart are the support and resistance that have been active for 2 years. BNB may make sense to buy a spot from here at the current support. In addition, on the 1-week chart, BNB has supported the ema 200, so the probability of upward movements is increasing.
DEFINITELY NOT INVESTMENT ADVICE!!!
BNB/USDT 1H Chart Review Hello everyone, let's look at the BNB to USDT chart on a one hour timeframe. As you can see, the price is moving above the local uptrend line.
After unfolding the trend based fib extension grid, we see that there is a support zone from $242.8 to $242 first, then support at $241.39, and then the second zone from $240.73 to $239.81.
Looking the other way, we see a resistance zone from $243.92 to $244.58, resistance at $245.12, and then a second strong zone from $245.69 to $246.46.
The CHOP index indicates that there is still energy for a move, the RSI is approaching the upper limit again, which may reverse the direction of the price, while the STOCH indicator has crossed the upper limit, which may result in a stronger downward move.
Fluctuating within Range Trend During the past week, Binance Coin (BNB) continued to experience fluctuations within a defined range trend. Notably, none of the resistance or support levels for BNB were breached during this period. As previously analyzed, this price movement has formed a channel on the daily timeframe. Specifically, the resistance level around $255 resulted in a negative reaction, causing the price to revert back to the support at the midline of the channel.
For short-term traders, it's essential to observe the trading ranges within this channel. The resistance range lies between $252 and $256, while the support range is found between $225 and $228, as indicated on the chart. Trading opportunities may arise when the price reacts around these levels.
However, it's important to keep in mind that if either the resistance or support levels are successfully broken, there is potential for the price to exit the current range trend and initiate a new trend on a higher timeframe. This higher timeframe typically refers to the weekly range. Consequently, a significant breakout from the range may take more time to materialize.
Additionally, it's worth noting that the Relative Strength Index (RSI) level for BNB on the daily timeframe is currently at 49. The RSI is a technical indicator that measures the strength of recent price movements. A value of 49 suggests that BNB is neither significantly overbought nor oversold. It may indicate a relatively balanced market momentum, but traders should still exercise caution and look for further confirmations before making trading decisions.
BNBUSDT - Price can bounce down to $235 support levelHi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊
Recently price reached to $250 resistance level, which is located in resistance area, but soon started to decline inside falling channel.
Price fell below $235 support level and later decline to support area, starting to rise.
Later BNB rose to resistance level, thereby exiting from channel, but at once it made a small correction and then bounced up to resistance line.
Then price made strong downward impulse to $235 support level and a not long time ago, it bounced higher of resistance line, thereby breaking resistance line.
At the moment I think that Binance Coin can rise a little more and then bounce down to $235 support level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Bitcoin - you need to overcome resistance to grow!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅
Guys, some thoughts on the futures chart:
The ascending channel in which we have been for so long was broken by the downward movement to the $ 28,850 zone, I wrote about this earlier and said in each of my posts that I expect such a scenario and therefore I held a short position for more than a month, the plan worked out for me, we left the channel I fixed a profit, cheers)
At the moment, the price of bitcoin is trying to return back to its usual range of $29,800-$30,400, or rather, the buyer is trying to return the price, but the seller’s strength continues to dominate, and as we can see on the chart, we received a reaction from the mirror level of $29,670, the upper part of the channel and bitcoin is again going to test the local support, channel from below.
I expect that we will still see a movement below $29,000, but I don’t see a super big drain yet, maybe it will happen through a rebound to $30,000-30,400 and from there it will go to break through the support of $28,000-27,500
Friends, not financial advice, just sharing my thoughts on the schedule, at the moment I am out of position, just watching from the side :)
AUCTION/USDT Technical Analysis: Potential Long Trade SetupAUCTION/USDT Technical Analysis: Potential Long Trade Setup
Hey Traders!
Check out this technical analysis on AUCTION/USDT for a potential long trade opportunity. Remember, this is not financial advice, and always do your own research before investing in any coins.
Price Action Analysis:
AUCTION/USDT has seen an impressive 300% surge in the past week. However, it's crucial to approach trading with caution and not let FOMO (Fear Of Missing Out) guide your decisions.
Long Entry Strategy:
Based on my analysis, Wave (III) seems to have completed, and a correction in the form of Wave (IV) could be coming. If you're considering a long position, wait for the completion of Wave (IV). A retracement of around 40-50% from the peak of Wave (III) is expected.
Ideal Entry Zone: $8.88 - $10
Stop Loss: $7.58
Price Targets:
Should the anticipated pattern play out, significant upside potential is possible. Primary price targets for the long trade are set at $17 and $22.
Risk Management:
Remember, risk management is crucial in trading. Enter the market with a well-calculated risk-reward ratio to protect your capital and avoid substantial losses. Consider short trading opportunities as well, but be aware that they may require a wider stop-loss due to higher volatility.
Disclaimer:
This analysis is for informational purposes only and does not constitute financial advice. Trading cryptocurrencies involves risk, so exercise caution and conduct thorough research before making any investment decisions.
Happy trading, and may the markets be in your favor!
Follow us for More Quality Content.
Thank you