If BNB resists in the $ 517 range, it will probably stay in the same range If it crosses the 517 barrier and buyers increase, it will increase to $ 571 and $ 603 But with the price falling below 449 and closing below 434, the new price floor will be recorded and the probability of falling to 407 and 378 will increase.
Hope this analysis will help some peoples! Just a idea of my chart here!
Overall sentiment is to short it. Now I will be looking for the best oportunity to sell it. Scale it up into 1h, 30min, 15min and find the best entry!! Good luck to you all. Let's smash it!
Bitcoin is likely to retrace back to 12500. The RSi prints a bearish divergence on the daily timeframe. 14k is strong resistance. The zone between 12000 and 12500 would be the best to start looking for longs again. This analysis is invalidated if we can close a full daily candle above 14k.
CADJPY Short Opportunity Daily downtrend H4 downtrend H1 downtrend Engulfing / Outside bar candlestick Hit LIKES and let more traders see this if you agree. Thank you in advanced
Continuous reversal points in this rectangular formation, will it continue at (5)? MACD looks bearish, however there is a bullish divergence on the MACD. Risky trade.
Greenback reached 98 mark and is starting to show signs of resistance on 4hr TF. On one hand could break through and work its way back up to 98.93 which we saw two weeks ago- move could be supported with positive CPI data that's scheduled to be issues later today. On the other hand growing recession fears, as signaled by the US 2-year-10-year Treasury yield curve...
NYSE:CBT What would I do when the price comes close on these two clear levels? I will be on the side where the statistic gives favorable results. If you are curious soon you will receive information that you can use to learn how to trade in the financial markets. Trading is not particularly difficult or unusual. A company also trades: on products, on services, on...
BtcUsd (3D) The straight inclined diagonal lines are trend lines. The dashed lines and colored boxes are support and resistance levels.
June -3 WANBTC was rejected and since then its been freefalling. WANBTC has lost 50% of it's value and selling for lower than its market entry price. AS the Related chart shows: The Retracement period looks to be finish. Entry - Two days ago. Now, going long on WANBTC. What the chart shows: When the cloud is below WANBTC, we are in a bullish scenario. When...
Hi All, It's all in the chart: if you plan on entering this trade please don't risk no more than 2% of your capital. The market is random, TA can only help us with getting a 50%/50% hedge on capital. So it is Imperative we always use stop loss. Swing traders: Statistics and probability are on our side. Don't worry about being right all the time. You just have...
Hello All, It’s becoming much difficult to tell where BTC is heading. Analysis from a macro prospective: Currently we have Asia Pacific retailer investor. Crypto market only seem to have smaller institutional investors. Crypto Exchanges seem to be getting hacked every week. Crypto does not have a killer game or dapp for mass adoption. There have been zero...
Hi All, BTC is currently at a crossroad. Not really sure where we will end up. BTC was rejected during its uptrend to 6800. If the bulls can not support 6500. Tehn I see this as a 70/30 split. 70% BTC retrace back down to 6400 or 6200. 30% BTC makes higher lows @ 6800 and stay above. Remember people we have been in a bear market well over 5 months. The...