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Binance is the biggest cryptocurrency exchange globally based on daily trading volume. Aside from being the largest cryptocurrency exchange globally, Binance has launched a whole ecosystem of functionalities for its users. The Binance network includes the Binance Chain, Binance Smart Chain, Binance Academy, Trust Wallet and Research projects, which all employ the...
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Netflix, Inc. provides entertainment services. It offers TV series, documentaries, feature films, and mobile games across various genres and languages. The company provides members the ability to receive streaming content through a host of internet-connected devices, including TVs, digital video players, television set-top boxes, and mobile devices. It also...
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This is weekly chart for ETC. Price is in a sharp decline for the last 6 weeks losing around %50 of its value. But there is no sign for a bounce just yet when you check out MACD, RSI or BB. If price cant break 29.27 resistance level, we will go back down to 24.51 area which is a significant support area. 24.51 - important support If we cant hold it 24.51 as a...
Mdx lost around %99 of its value in a year from its all time high. Its losing its value for 6 months in a row. Right now, a falling wedge type of pattern is forming and RSI is near oversold area. This may mean a reversal can come. But the main problem here is FED. FED increasing interest rates cause money outflow from risky markets and this kinds of unknown...
US 10 year bond rates are important indicator for investors. If its go up, it means investors are selling their bonds expecting interest rate rise from FED. This is happening for over 1.5 year now. Investors are selling bonds because they think inflation coming and FED will act accordingly. High interest rates cause risky assets, like crypto and stock market,...
Hi, Bitcoin is around 40k for the last couple of days trying to break up the red line, which is 50 week EMA. If we cant hold it, its possible for price to test 200 week EMA which is the green line. Historically, when price cant hold around 50 week EMA, tested the 200 week. In the corona virus period price even tested 300 week EMA which is the yellow...
AFTER A VERY SHARP DOWNTREND PRICE ACTION FORMED A PERFECT RISING WEDGE PATTERN WHICH IS A BEAR MARKET SIGN. PRICE BREAKOUT TO THE DOWNSIDE OF THE WEDGE PATTERN AND QUICKLY TRY TO GO DOWN BELOW 320 USD WHICH IS A STRONG RESISTANCE. MY TARGET FOR BNNBUSD PRICE IS 220 USD AREA WHICH IS A VERY GOOD BUY ZONE WITH 197 USD AREA IS STOP LOSS. BTC PRICE ACTION IS ALSO...
BTC IS HAVING A HARD DOWNTREND FOR COUPLE OF WEEKS. BUT IM PRETTY SURE BTC PRICE WILL INCREASE IN THE SHORT TERM FUTURE. WHILE BTC PRICE IS GOING DOWN IT ALSO ERASE WHOLE MARKET CAP OF THE CURRENCY MARKET! THIS COULD BE AN OPPORTUNITY TO BUY FOR CERTAIN COINS LIKE ONT! PRICE ACTION WAS IN A CHANNEL 1.26-0.88 USD AND IT LOOKS LIKE IT COULD BREAKOUT BELOW FROM...
Overall im still bearish in crypto markets but btc close the week above 34k area which good for this week. Im expecting a move to the 48k area in the short term future, if there is good volume. First price action needs to breakout above 40k area and close couple candlestick above it. After that a move to 48 k area is highly possible but im not sure if price can...
IF YOU LOOK AT THE CLOUD INDICATOR WE ARE LOOKING VERY BEARISH. TAKE CARE IF YOU TRADE IN THIS TIME FRAMES BUT THIS IS ALSO PROBLEMATIC IN BIGGER TIME FRAMES. IF WE CLOSE THE WEEK UNDER 34547 AREA IT WILL BE A HARD HIT FOR BTC SINCE IT WILL OPEN THE 30K AREA AND MAYBE 23K-20K AREA! ALSO YOU ARE A DAY TRADER AND RIGHT NOW LONG ON BTC YOU BETTER CHECK YOUR...
FOR OVER A YEAR THIS IS THE FIRST TIME WE ARE BELOW 200 DAY EMA! FOR 6 DAYS IN A ROW PRICE ACTION IS HAPPENING BELOW 200 DAY EMA. WHICH IS A HUGE PROBLEM FOR BULLS! 200 DAY EMA IS AROUND 42K AND RIGHT UNDER IT, THERE IS A RESISTANCE AREA AROUND 40700. FIRST TARGET IS 40700 AND SECOND IS 200 DAY EMA FOR A BULL MARKET START. EVEN THEN PRICE NEEDS TO BREAKOUT...
In my last idea, when btc droped from 58k to 43k, i told panic sell didnt even started yet. 2 days after my post btc price bounced off from 30k resistance area. All of my target areas reached and right now price action tries to breakout above 36k-38k area. Even if btcusd breakout above this area, price action doesnt seems bullish. Btcusd is in a steep...
PRICE ACTION BROKEOUT TO THE DOWNSIDE FROM STRONG UPPER TREND 5 DAYS AGO! VOLUME IS LOW BUT INCREASING LATELY! THIS LITERALLY MEANS THAT THERE ARE MORE SELLERS THAN BUYERS IF PRICE ACTION IS GOING DOWN. WHICH IS FOR 3 DAYS IN A ROW! ONE CAN EASILY EXPECT PRICE CAN GO LOWER IF BTCUSD CLOSE COUPLE CANDLESTICK BELOW 44K USD AREA. PRICE ACTION CAN EXPERIENCE SOME...
ITS JUST A MATTER OF TIME BEFORE HUGE SELLOFF FOR DOGE COIN! THERE SHOULD BE HUGE PRICE ACTION TO THE DOWNSIDE BECAUSE THIS PAIR IS IN A HUGE BUBBLE. WE ARE LOSING VOLUME WHICH IS NOT GOOD SIGN FOR THE BULLS. WE ALSO HAD 2 PARABOLIC RISE WITHOUT MEANINGFUL RETRACE. EXPECT SHARP MOVEMENTS TO THE DOWNSIDE IN THE NEAR FUTURE!