BNB (Binance)What's up guys !
if you take your time back , you shall see that price made a double top chart pattern on the 4H and broke the neck line with an engulfing candle showing the strength of the bears.
On the 1H , Price then reaches a Weekly support zone and makes multiple rejections as price hovers around this area , Waiting for the break of the trend line and the last swing high (BULL) to enter my BUY ,
The MACD divergence also helps and add as a confluence as I observe for the cross of the EMA 14 and EMA 50
What do you think ?
Coins
✅LITECOIN WILL GO UP FROM SUPPORT|LONG🚀
✅ LITECOIN is trading close to the strong support
And as I am bullish on the pair
I think that once we see a retest of the level
A rebound will follow and the price
Will at least retest the horizontal resistance above
While if we see a bullish breakout
LTC will keep going higher!
LONG🚀
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✅ETHEREUM WILL GO UP|LONG🚀
✅ ETHEREUM made a correction
Along side all other major coins
But the 3,000$ level proved to be strong
And I think that even if we see a retest of it again
The coin will soon retest the resistance above
And might even do a new all time high this year
LONG🚀
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ETH - after this level, the road to all-time high will be open😲After Ethereum broke the upper limit of accumulation 3333$, the price went up by 20 percent. The price is now in consolidation and this is a good signal for a continuation, there is likely to be another upward momentum. Pay attention to the level of 3948$, at the moment the price is squeezing near this level, a breakout might occur soon. If Ethereum breaks through the level of 3948$, the next target is likely to be all-time high. Buy after breakout and retest level 3948$.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
EGLDUSDT: BREAKOUT CHANNELING, NEW BULLISH/LIMITED UPSIDE?Hello Traders, here's your free outlook for EGLDUSDT. Don't forget to smash the LIKES, COMMENT, and FOLLOW button to support the channel.
EGLDUSDT is breaking bullish channeling pattern. The momentum indicator is pointing up in the neutral area, indicating potential upside movement to the target area.
The roadmap will be invalid after exceeding the support/target area.
ALTCOIN REVIEW by Artem Shevelev — 10 August 2021Hey, in the past 24h altcoin market responded well to Bitcoin price rise.
According to Binance exchange there is at least 10 altcoin pumped +20-70%.
In this review I collected few altcoins which have not pumped too much, and located at relatively good point for buying / holding and profits might be amazing
Before we go to alts, remember to use capital risk wise and calculate your maximum loss before trade. Let's go!
First chart to watch is ICP / BTC
ICP showing solid Adam & Eve bottom pattern and possible breakout from it, looking for levels above 1800 and might reach closely to 2000.
If the price goes below 1300, I would recommend stopping the trade.
The next chart is about GRT / BTC
GRT is making a solid downtrend channel / wedge shape and might go for a breakout to retest the 2000 resistance zone. In the long term price can dip below 1300 where I located the next buy zone for holders. Keep your fingers crossed :)
Third chart is for XTZ / BTC
Tezos is holding well in the support zone, forming a nice wedge and might go higher in this resistance zone. I am looking for resistance near 8000-10000. But before reaching it, xtz seems to have an opportunity to reach the 6000 support zone, which is quite good for long-term buyers.
And last chart for today is for MDT / BTC
MDT chart located pretty low and gives nice range for making mid-term trades
safe-side entry near 65-60 zone and with targets at 95 - 130 - 170
Keep your trades on the safe side, market conditions are constantly changing.
See you in next updates
Best regards
Artem Shevelev
BTC 50K Prediction.A, B, and D = Support Line, We can see the price of BTCUSD under $40,000 was visible using Elliot Triangle wave.
C, E still holds a good resistance for BTC if it can beat the $44,000 range using heikin Ashi crossing 44,857.61.
In every day time span Chart, Bitcoin Has been Moving in Descending Channel from most recent 5 Months.
From most recent couple of Days, Bitcoin Bulls are in Complete Control and Doing Outstanding Job.
At the Moment, Bitcoin is going towards the Crucial Resistance (44k), If Bulls Break this Resistance With Strong Volume , Expecting Huge Bullish Wave in Midterm.
In Worst Case, If Bitcoin Bulls lost the EMA200 (38.7k) then, at that point Bitcoin Might Retest the 30-32k Support Area ..
📍I'm Bullish On Bitcoin and Waiting for Breakout, Always Wait for Confirmed Breakout and Candle to Close and Only then, at that point ENTER..
CARDANO-ADA/USD Bullish SwingVery simple idea based on ew an fibs. This move will take some time to complete so be patient. We also could stay around this level/range and correct for a "B & C" wave which I'm not sure at this time whether or not this correction has completed a,b, and c. Either way it will not negate this setup and i will be prepared to add more to my position in the event we take another trip back down to the bottom of the range @$1 dollar level
Burger Next hidden GEM 40$Hi everyone today i like to talk about another potential gem coin burger. I am expecting a big bullish trend for this coin in upcoming 2 weeks probably will hit 16-17$ and for long term it has potential to hit 50-65$ we have broken the trendline and its heading to make new highs now
AXSUSDT a huge potential coin This coin is definitely a gem with a huge potential to hit target as high as 100$ in coming future. so far it is absolutely going in a perfect bull run and I am expected it to hit 12$ within next week and potentially it can hit 23$ by coming month. I am planning to stack some coins at 5-6$ range with first target as 14$ and second target to be as 23$ and final target as 75-100$
BITCOIN Local Bearish Bias! Sell!
Hello,Traders!
BITCOIN is trading in a range on daily chart
Between horizontal support and resistance
And I think that BTC will stay in this range for the duration of summer
Locally, the coin is trading below a falling resistance
While being supported by a rising support
Therefore, I am locally bearish
And I think that after a breakout
The coin will go to the lower demand zones
Buy!
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See other ideas below too!
SKL/USDT Could Launch Its Rocket Soon 🚀🚀🚀📈 SKL/USDT | Potential Upward Movement
💡 Buy Limit Order @ 0.3161
🎯 Target Profit 0.3290
🛑 Stop Loss 0.3119
❌ Do not risk more than 1% of your account on each trade
Description:
The coin is traded inside a wedge formation. This pattern represents a correction where we expect it to end near the area of confluence which is made of a 61.80% Fibonacci retracement, strong support and the lower end of the wedge. After the correction, a rally all the way up could be seen toward the target profit.
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BAT/USDT Is About to Fly 🚀 🚀 🚀📈 BAT/USDT | Potential Upward Movement
💡 Buy Limit Order @ 0.6792
🎯 Target Profit 0.7155
🛑 Stop Loss 0.6612
❌ Do not risk more than 1% of your account on each trade
Description:
The pair succeeded to break the bullish flag formation to the upside by posting an engulfing bullish pattern. We expect a lower correction to the highlighted zone before a rally all the way up to the target profit.
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AVAX/USDT Might Be Smashed by Bears 🐻🐻🐻📈 AVAX/USDT | Potential Downward Movement
💡 Sell Limit Order @ 14.89
🎯 Target Profit 14.37
🛑 Stop Loss 15.14
❌ Do not risk more than 1% of your account on each trade
Description:
The pair succeeded by breaking the bullish channel to the downside with leaving behind a Head & Shoulders pattern. A higher correction is expected to the highlighted zone before a huge selloff toward the target profit.
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BTC/USDT : What's Next ? 💡A quick analysis on BTC using the daily time to be able to predict how most probably will move in the next coming weeks. 🎯
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CAKE/USDT Might Fly Soon 🚀🚀🚀📈 CAKE/USDT| Potential Upward Movement
💡 Buy Limit Order @ 17.78
🎯 Target Profit 20.11
🛑 Stop Loss 16.62
❌ Do not risk more than 1% of your account on each trade
Description:
The price succeeded to reverse and change direction from a downtrend to an upward one after leaving a head and shoulders around the daily support. We expect a lower correction to the neckline before a rally all the way up to the target profit.
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BCH/USDT Might Be Smashed By Bears 🐻 🐻 🐻 📉 BCH/USDT | Potential Downward Movement
💡 Sell Limit Order @ 562.69
🎯 Target Profit 512.27
🛑 Stop Loss 587.68
❌ Do not risk more than 1% of your account on each trade
Description:
The coin succeeded to break the continuation patter or the bearish flag to the downside. A correction might be seen to the strong resistance (highlighted zone) before a move downward in the same direction of the main trend.
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NANO Is About To Fly 🚀🚀🚀📈 NANO/USDT | Potential Upward Movement
💡 Buy Market Order @ 7.7093
🎯 Target Profit 7.9797
🛑 Stop Loss 7.6219
❌ Do not risk more than 1% of your account on each trade
Description:
The price is trading above the neckline of a double bottom which was formed around the strong support. The low volatility is noticed which could lead to a big move in the same direction of the main trend.
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