Eth-usdt
BNB price Hourly chart BNB/USDT binance going 1000Will Binance Coin continue to grow?
Binance has been working reluctantly to enhance the BSC. The popular crypto exchange wants to be at the heart of every blockchain activity in the industry. The company has launched the BSC Gamify Expo in recent months to promote enhanced participation in blockchain-based games. Last month, the company introduced metaverse games to feed into the recent hype of the metaverse.
They also launched a new Evolution Protocol, BEP-95 to support real-time burning on the Binance Smart Chain. As Binance stated, this will significantly reduce gas fees on the BSC, and improve the crypto burn ratio.
All of these combined efforts to enhance the entire blockchain industry has fueled the recent growth of BNB. If Binance continues on its path to improve the BSC and attract more new investors, BNB will continue to grow in the long-term setting new all-time highs along the way. For now, Binance Coin is slowly edging towards the $700 mark.
BNB is currently trading at $662.20.
ETH/USDT 1D November 7i think Ethereum will rise up to 4700-4850 which is also the prz for zigzag pattern
then we can expect a correction around 4000 which is almost the 50% fibonacci level and the previous ATH
followed by a third increas to 6000 which will eventually complete a deep crab pattern and a third drive
🔥 Ethereum Still In A Bullish ChannelSince early October, ETH has been trading upward inside a clear-cut bullish channel.
Recent bearish price action makes us believe that we're in a (minor) downtrend. However, this is not the case. We've seen a strong reversal from the channel's support earlier this morning, as long as we're in the channel things are fine.
However, if for some reason we're getting below the channel we might see more bearish price movement coming our way. Short-term is still bullish as long as the channel holds. Target at $5000 for the coming weeks.
Happy trading!
💡Don't miss the great buy opportunity in ETHUSD @ethereumTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (4436.18).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ETHUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 61.
Take Profits:
TP1= @ 4637.49
TP2= @ 4800.00
TP3= @ 5000.00
TP4= @ 5200.00
TP5= @ 5400.00
SL= Break below S2
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💡Don't miss the great buy opportunity in ETHUSD @ethereumTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (4436.18).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ETHUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 63.
Take Profits:
TP1= @ 4637.49
TP2= @ 4800.00
TP3= @ 5000.00
TP4= @ 5200.00
TP5= @ 5400.00
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
🔥 Ethereum Cup & Handle Break OutAround a week ago I made an analysis on the massive ETH Cup & Handle pattern.
As of today, ETH has confidently broken out of the resistance area and is making it's way to $5k. Assuming we will close the day above the prior all-time high, there's little stopping this rocket.
Happy trading!
🔥 Ethereum Huge Cup & Handle Break OutSince hitting its all-time high early May, ETH has failed to make a new high. During this time, a massive cup & handle pattern has formed on the daily chart.
Since the start of October, the "handle" part of the pattern is shaping up perfectly. I'm expecting a break out and a new all-time high in the coming weeks (days?).
First target for the break out is placed at $5000, second $5500. I'm not expecting a major sell-off from ETH before reaching this area.
Happy trading!
BTC Small breakout from bearish channel. Will it continue?BTC had a small breakout from its downtrend channel and is now trying to pushback up. Multiple resistances ahead, breaking out the yellow line will confirm bull dominance
My plan for today's trade:
I plan to long on orange arrow (risky since its a very small channel), and average up should the channel break at the green arrow. Stop loss will be set at blue line and will stop my long near the red arrow or the current strongest resistance (yellow line). Depending how BTC moves afterwards, I will either continue my long or enter a short.
Its going to be quite choppy today, if you prefer to play it safe. Enter at green arrow rather than orange, although there is a risk that BTC will not touch it and continue its upward progress directly towards the orange/yellow line.
The arrow icons are guide lines. It will not hit exactly on the same spot.
Use them as guidelines to make decisions based on the ongoing channel lines closest to it. A rejection usually occurs when the line is hit. These are where u usually enter your trade, or set your stop loss, or gradually increasing your stop profit point.
1) breaking the channel line means continuation of the current trend.
2) rejection of the channel line means reversal of the current trend.
The arrow patterns are possible movement path. It will not move exactly as how they were drawn. Use them as guidelines to consider your decision
Please always remember to put a stop loss when you first enter a position, a stop profit when you are already in profit, and never chase a trade.
Should you have any questions or inputs, please let me know in the comment section, I will always answer them as best as I can,
Thanks for stopping by to my post, hope it can help you better in your decision making.
🔥 Ethereum Facing Resistance At All Time HighAround a week ago, I made an analysis on ETH. In this analysis I argued that the Head & Shoulders pattern was very bullish and making its way to $4k.
In the end, ETH managed to push further towards the ATH around $4375. I was waiting with an analysis to see what the price did in case we faced some resistance.
The ATH is a very strong resistance. Bitcoin made a new ATH yesterday, but ETH failed to do so today, launching the price downward.
In the worst case scenario we're going to re-test $4k in the coming few hours. Not expecting a stronger bearish move anytime soon.
In case you're looking for a nice shorter term entry, keep an eye on the $4k level.
Happy trading!
$MTA mStable Bullish View So i found a new low cap gem i been doing research on for months and it is $MTA, this project seems very promising and i believe a-lot of people with adopt to it in the incoming months - years. I just want to leave this here.
This trend will break out and many will be wolfing the crowd remember this.
-Reason why i put a 1000-3000% which is a 10-30x is because it is very possible market cap is only trading around 10-15 million currently.
It is coins in this space that this project is literally advanced then thats over 300 million mc…
Project is not yet listed on Binance , Kucoin & Coinbase. Only on FTX , Huobi & Uniswap etc. This actually made me more bullish personally.
Other then that project reminds me of luna very much when i was investor around 2-3. Most never talked about project till mass came.
Always ~ DYOR.
Feel free to drop a follow for more content, i been dropping straight pressure for my followers. Every coin i talk about on this channel are actually good projects.
🔥 Ethereum Inverse Head & Shoulders: $4000 TargetSince late September, ETH has seen quite a substantial bullish move. After reaching the neck-line of the head & shoulders pattern, ETH saw some consolidation due to BTC going parabolic and BTC dominance rising.
However, as of this morning, ETH is finally breaking out of the pattern and making a substantial bullish move.
Target for the current move is placed at $4000, potentially higher if price action persists this week.
Happy trading!
$XLMUSDT Elliott Wave Count - It may play this way $XLM - $BTC$XLMUSDT
Elliott Wave Count - I think It may play this way , so lets see
The Stellar network is an open source, distributed, and community owned network used to facilitate cross-asset transfers of value. Stellar aims to help facilitate cross-asset transfer of value at a fraction of a penny while aiming to be an open financial system that gives people of all income levels access to low-cost financial services. Stellar can handle exchanges between fiat-based currencies and between cryptocurrencies. Stellar.org, the organization that supports Stellar, is centralized like XRP (www.coingecko.com) and meant to handle cross platform transactions and micro transactions like XRP. However, unlike Ripple, Stellar.org is non-profit and their platform itself is open source and decentralized.
Stellar was founded by Jed McCaleb in 2014. Jed McCaleb is also the founder of Mt. Gox and co-founder of Ripple, launched the network system Stellar with former lawyer Joyce Kim. Stellar is also a payment technology that aims to connect financial institutions and drastically reduce the cost and time required for cross-border transfers. In fact, both payment networks used the same protocol initially.
Distributed Exchange
Through the use of its intermediary currency Lumens (XLM), a user can send any currency that they own to anyone else in a different currency.
For instance, if Joe wanted to send USD to Mary using her EUR, an offer is submitted to the distributed exchange selling USD for EUR. This submitted offer forms is known as an order book. The network will use the order book to find the best exchange rate for the transaction in-order to minimize the fee paid by a user.
This multi-currency transaction is possible because of "Anchors". Anchors are trusted entities that hold people’s deposits and can issue credit. In essence, Anchors serves as the bridge between different currencies and the Stellar network.
Lumens (XLM)
Lumens are the native asset (digital currency) that exist on the Stellar network that helps to facilitate multi-currency transactions and prevent spams. For multi-currency transactions, XLM is the digital intermediary that allows for such a transaction to occur at a low cost.
In-order to prevent DoS attacks (aka spams) that would inevitably occur on the Stellar network, a small fee of 0.00001 XLM is associated with every transaction that occurs on the network. This fee is small enough so it does not significantly affect the cost of transaction, but large enough so it dissuades bad actors from spamming the network.
Prior to Protocol 12, Stellar had a built-in inflation mechanism conceived to allow account holders to collectively direct inflation-generated lumens toward projects built on Stellar.
As the network evolved and grew, it became increasingly clear that inflation wasn’t working as intended — account holders either didn’t set their inflation destination or joined inflation pools to claim the inflation themselves, and the operational costs associated with inflation payments continued to rise — and so a protocol change to disable inflation was proposed, implemented, voted on by validators, and ultimately adopted as part of a network upgrade.
The inflation operation is now deprecated.
🔥 Ethereum Channel Break Out: New TargetRecently, I made an analysis on ETH and the pending break out of the horizontal channel.
The trade was a huge success; all targets reached within a couple of days.
For now, I'm looking at the $3675 resistance. if we manage to get a daily close above this level, I'm expecting a strong move towards $4000. This could potentially already happen within a week!
Happy trading!
ETHUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a daily time frame.
As you see, the price has climbed well after the break of the resistance line.
At the moment, the price can follow the pattern of the head and shoulders at the bottom, and we expect the price to move towards its support line, and then start moving upwards.
But if it drops below the support line, we consider further fall.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck