BNBUSD BUY/LONG INCOMING OPPORTUNITY 400 to Potentially 1150TICKER CODE: BNBUSD
(UPDATE AS OF 18 May 2021)
Company Name: Binance
Industry: Crypto Currency / Blockchain
Technical Analysis
1. Falling Wedge Forming (Expect the market to squeeze down during this pullback
phase to reach Fibonacci Retracement at 0.618 / 0.786
2. Repeated Trend Pattern
3. HIGHER LOWS TRENDLINE sitting on the 0.618 Fibonacci Level
4. Area of confluence at Fib 0.618 level
Should the market break and close below the trendline we might be looking at a change of
trend direction
Entry: NOT READY (350.00-400.00)
1st Partial Take Profit: 860.00
2nd Partial Take Profit: 1150 (I would consider cashing out around 80-90% of initial investment here)
Crypotrading
UMA-USDT(Consolidation Breakout)Universal Market Access or UMA seeks to decentralize the financial derivatives products such as Futures, CFD or Total Return swaps.
For the past 3 months, UMA has been trading in a Horizontal Channel formation . Closing above the resistance trendline $33 may trigger the price of the UMA token to new highs.
Key levels to watch out for-
Support to the lower side is present at $35 while it may rally to $44 after the breakout.
CKB/USDT Critical levels + my hopes...the crypto market as a whole is looking more bullish these last 3 days, we have even got crypto related news on UK tv which has not happened in a long time.
Hopefully CKB can get the volume and push out of this triangle pattern...
If not there could be a great buy opportunity as labeled on the chart.
happy trading!!
BTC still in the channel, though the channel is to the downsideBTC still stills comfortably in the channel though the channel is to the downside.
we took a buy a the bottom and have set our stop loss to BE at this point. A break of the channel around 56K could mean this was just a pause before the breakout above.
Either way trade the downward channel carefully it is in consolidation either way.
$MATIC Finding Support on Fib Levels$MATIC break bearish on the last wedge I was following, so we're zoomed out to the 4HR chart.
Bulls are holding support on the 61.8% Fib Levels as they attempt to break the downtrend after the ATH.
Currently in a decent buy zone. Would take some HEAVY bear volume to break below the 61.8/.347.
Let's see if the bulls can regroup and gain control.
J.Crypto
Polkadot pull back completed, Bracing up for Long Ride to 42Polkadot(DOT) dropped to 15% today and holding support at 32.345 firmly.
This also coincides with ascending channel support.
Given there was a decent pull back today while the Dollar Index has been in the bull territory this week, as the week braces to end wait for NFP today.
There is high probability that DOTUSDT will take a long ride to 42 in the next coming days.
Square Support line Square is by far one of my favorite stocks of 2021. With the recent surge in Bitcoin the price and market of Square has exploded. Square ran up to $270, hit its resistance point and is now falling. Square has been in a really nice uptrend ever since the march crash. SQ price at close was $230 with a support line at $220 and $217. I see Bitcoin coming down to a price of 41,000 and this 3k fall would help SQ which is affect by bitcoin to come hit that support line. After bitcoin hits 41k I see it retuning to 50k and that once again would help SQ run up to a target of $300.
MTLBTC Bullish will be may turn over "Trading is not gambling
It is the games against the system"
You have any hesitation above the chart
Have any glitch on the MTLBTC days chart ? i hope traders can properly indentify my charting glitch !
MTLBTC expectation is rights?
MTLBTC will be gone moon !
#MTLBTC Where will be arrived?
MTLBTC BULL prive movement prediction ready i believe that .
MTLBTC mine own perspective so what's your opinion on the MTLBTC price movement please comment in the below section .
BITCOIN Compared to Last Bull Run, $50-60k or even $70k PossibleI think the chart it pretty self explanatory and I'm I busy now so I'm not going to type much.
I think bitcoin is in a channel as do many others. And here I compare it to the past bull run.
It seems fairly similar.
So we can potentially see somewhere between $61,000 and $50,000 if it continues to follow the channel.
If it happens to move more like last time maybe we can see $70,000.
Comment what you think.
Follow if you like.
Ethereum CME Futures now live! BuyKeep your eye on ETH futures over the next 24 hrs. They will be a good guide as to where the crypto market is headed.
Press the follow tag below and ill keep you updated as an when with my thoughts ;)
Nice buy power tonight in the main ETHUSD chart ahead of futures opening so I'm back long. Price bounced strongly of support and is currently trading above the control line in the upward channel which shows bulls are back in control
Lets see how far up we can ride ETH now that CME futures are live!
Can a chart pattern take ETH to 1.8k before the end of February As we can see a ascending triangle is forming on the ETHUSD, the RSI is still under 50 this could be a very bullish indicator.
This pattern can send the ETH to 1.8kUSD before the end of february 2021.
***not financial or invest advice****
BNBPERP is making a break and may keep going without a pullbackBNBPERP is making a solid break higher here and may keep rolling. However, a good risk conscious trade may be to wait for a pullback into 41.375 with a stop loss at 39.56 to target all time highs giving you a solid 1:3.77 + risk to reward ratio (more if you are a holder.)
ADAUSDT UPDATE!!!!!!Hi Traders,
A quick update on ADA. We saw a fall in all major cryptocurrencies. This was great as now we have reset of price bringing in more potential buyers and sellers (liquidity). Volume isn't great on the this retrace back up indicating that we may see a further fall. We will be looking at the 0.618/0.786/1 Fibs for turn to the downside.
Thanks
The Market Sniper Team
DOT is going to be great ;)So, we can observe quite a curios DOT movement in the 1H time frame: 2 bars tried to break the resistance level near $18.20. But this situation hints that this zone is extremely strong and DOT nowadays doesn’t have power to break the line and start growing again. And there is a big chance to go down to the previous $15 mark.
Bitcoin’s New Year’s Resolutions 🍾New year’s is known to be a time to step back, assess the past 12 months past, and reconnect with your ‘big picture’. For many, the calendar year is little more than a convention… a mere habit - only really meaningful to auditors.
In spite of that crypto investors, and Bitcoin cycles, seem to place heavy significance on the turn of the year. The last two bull runs developed precisely one year apart, both in 2013 and 2017. If we mark each bull market’s beginning at the moment when Bitcoin broke its previous all-time high, the “new year” started a little early this time around. It’s also worth noticing - bull markets produce most of their returns within their first year.
If history repeats, as it so often does, 2021 is likely to be one you don’t want to miss! Of course, it’s impossible to predict exactly where the top will be. What we do know for sure, is that Bitcoin is the asset that’s consistently made the impossible possible, every cycle (so far!).
Paying $16 for a single Bitcoin in 2011 was as crazy-a-price as $1100 sounded in 2013. Now, after just a couple of months of growth, a dip back to $20,000, or even as far as $13,000, would be a blessing to many investors.
Bitcoin’s New Year’s Resolution seems to be set - to the moon! What about yours?
Happy Holidays! ☺️