After the $386 level is created, the price very often successfully tests both support and resistance - a mirror level is formed. Locally, an extending wedge was formed and after testing the lower boundary, the price successfully bounced off it and now returns to the mirror level. The closest target for long positions on BNB is $400-$410 resistance zone with high...
After a long consolidation under the trend line and the downtrend, the price begins to show strength. Now locally there is a squeeze under the trend line with a possible further breakdown and its retest as support, which would be a great place to take long positions. The local target of this movement is the liquidity gap between the levels of $2800-$2900, which...
Bitcoin is still in consolidation between $34,000 and $45,000. After an unsuccessful attempt to close above $45,000, we dropped below the important level of $38,500, where we are consolidating now. If we can't below the resistance, a correction with liquidity collection below the key level of $34,000 is very possible. This would be a great point to take long...
After breakout the trend line on the way to new local highs, we should break through a serious resistance zone of $45400-52000. We are now making a retest of the trend line, which we have been consolidating for more than a month.There is a very high probability that we will hold that level and we will be able to open good positions. Also, the important level...