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The Correct Way to Draw a Trend Line
Is the trend line drawn from the body of the candle or the wick of the candle?!
This dilemma has long puzzled many traders
But in reality, both methods are correct; here’s a simplified explanation.
Choosing the point to draw the trend line (Trendline) depends on your trading strategy and the type of analysis you use (technical or psychological), but there are general principles that can help you choose:
This dilemma has long puzzled many traders
But in reality, both methods are correct; here’s a simplified explanation.
Choosing the point to draw the trend line (Trendline) depends on your trading strategy and the type of analysis you use (technical or psychological), but there are general principles that can help you choose:
🚀 Ripple’s Rocket Blast-Off! 🌊💥
The XRP/USDT chart just lit the sky with momentum as we witnessed a sharp bullish surge, pushing the price from deep lows up into a high-pressure zone. But just as fast as it flew, it started to cool off a bit, dropping to test the newly earned support levels. 😤📉
📍 The recent spike in buying aggression wasn’t random — it was precision. That push triggered liquidity grabs around the $2.21–$2.23 zone, allowing big players to reload for the next wave. And now? We’re in a classic cooldown phase. Think of it as the market catching its breath before its next sprint. 🏃♂️💨
💡 The price is currently navigating a retracement, but if buyers step in again at around $2.17, expect a beautiful V-shape recovery. Once it bounces, XRP looks poised to shred past $2.25, eyeing the $2.30+ zone in a fierce continuation rally. 🎯📈
📊 Summary:
💢 Retracement active but under control
💸 Liquidity swept at the highs
🛡️ Support likely at ~$2.17
🚀 Next targets: $2.25, then $2.30+
📌 Eyes on the chart. XRP's engine is refueling — next stop: moon station. 🌕✨
#xrp #XRPPredictions #technical_analysis #BinanceSqaure #ChartWhisperer 📊
$XRP
The XRP/USDT chart just lit the sky with momentum as we witnessed a sharp bullish surge, pushing the price from deep lows up into a high-pressure zone. But just as fast as it flew, it started to cool off a bit, dropping to test the newly earned support levels. 😤📉
📍 The recent spike in buying aggression wasn’t random — it was precision. That push triggered liquidity grabs around the $2.21–$2.23 zone, allowing big players to reload for the next wave. And now? We’re in a classic cooldown phase. Think of it as the market catching its breath before its next sprint. 🏃♂️💨
💡 The price is currently navigating a retracement, but if buyers step in again at around $2.17, expect a beautiful V-shape recovery. Once it bounces, XRP looks poised to shred past $2.25, eyeing the $2.30+ zone in a fierce continuation rally. 🎯📈
📊 Summary:
💢 Retracement active but under control
💸 Liquidity swept at the highs
🛡️ Support likely at ~$2.17
🚀 Next targets: $2.25, then $2.30+
📌 Eyes on the chart. XRP's engine is refueling — next stop: moon station. 🌕✨
#xrp #XRPPredictions #technical_analysis #BinanceSqaure #ChartWhisperer 📊
$XRP
🚀 MASTER CHART PATTERNS & BOOST YOUR TRADING EDGE! 📈💡(Part 1)
Unlock the power of price action with these **game-changing chart patterns**—whether you're a beginner or a pro, spotting reversals, continuations, and breakouts will transform your strategy. Let’s break them down!
### **🔄 REVERSAL PATTERNS – Catch the Trend Flip!**
These signal a major shift—get in early or dodge losses!
1️⃣ **Double Top 🏔️**
Two peaks at resistance? Bears are coming! Sell before the drop.
2️⃣ **Head & Shoulders 👤**
Three peaks (left shoulder, head, right shoulder) + neckline break = **bearish reversal confirmed!**
3️⃣ **Rising Wedge 📐**
Looks bullish but traps buyers—breaks downward!
4️⃣ **Double Bottom 🏞️**
Two troughs at support? Bulls are charging! Buy the breakout.
5️⃣ **Inverse Head & Shoulders 🙃**
The bullish twin—break the neckline for big gains!
6️⃣ **Falling Wedge 📉**
A squeeze before a **bullish explosion**—don’t miss it!
**Like, share, follow (for part 2) and drop your favorite pattern below! Let’s crush the markets together! 🚀**
#chartpattern #technical_analysis #Crypto #StockMarket $ETH
Unlock the power of price action with these **game-changing chart patterns**—whether you're a beginner or a pro, spotting reversals, continuations, and breakouts will transform your strategy. Let’s break them down!
### **🔄 REVERSAL PATTERNS – Catch the Trend Flip!**
These signal a major shift—get in early or dodge losses!
1️⃣ **Double Top 🏔️**
Two peaks at resistance? Bears are coming! Sell before the drop.
2️⃣ **Head & Shoulders 👤**
Three peaks (left shoulder, head, right shoulder) + neckline break = **bearish reversal confirmed!**
3️⃣ **Rising Wedge 📐**
Looks bullish but traps buyers—breaks downward!
4️⃣ **Double Bottom 🏞️**
Two troughs at support? Bulls are charging! Buy the breakout.
5️⃣ **Inverse Head & Shoulders 🙃**
The bullish twin—break the neckline for big gains!
6️⃣ **Falling Wedge 📉**
A squeeze before a **bullish explosion**—don’t miss it!
**Like, share, follow (for part 2) and drop your favorite pattern below! Let’s crush the markets together! 🚀**
#chartpattern #technical_analysis #Crypto #StockMarket $ETH
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Cardano ($ADA ): Technical Analysis in Focus!
Bulls or Bears? We analyze the current situation with the price of ADA based on technical indicators and trader sentiments. Conflicting signals, key support and resistance levels, as well as cautious optimism from investors – all of this in our brief overview.
Дізнайтеся більше about potential price movements of Cardano and make informed decisions!
#Cardano #ADA #technical_analysis #trading #Binance
Bulls or Bears? We analyze the current situation with the price of ADA based on technical indicators and trader sentiments. Conflicting signals, key support and resistance levels, as well as cautious optimism from investors – all of this in our brief overview.
Дізнайтеся більше about potential price movements of Cardano and make informed decisions!
#Cardano #ADA #technical_analysis #trading #Binance
#Technical_Analysis
#GALA - Daily Chart (April 20, 2025):
$GALA
#BinanceAlphaAlert
Current Price: $0.01523
• Support: 0.01457 2.0.01378
• Resistance: 0.01584 2.0.01632
#GALA - Daily Chart (April 20, 2025):
$GALA
#BinanceAlphaAlert
Current Price: $0.01523
• Support: 0.01457 2.0.01378
• Resistance: 0.01584 2.0.01632
✅ $MAGIC 𝗖𝗼𝗻𝗷𝘂𝗿𝗶𝗻𝗴 𝗚𝗮𝗶𝗻𝘀
What's the Spell for Entry?
Current Price and Performance
Current Price: 0.1183 USDT
Price Change: +57.73%
24h High: 0.1438 USDT
24h Low: 0.0748 USDT
Trading Volume (24h): 297.54M MAGIC
Moving Averages:
MA(7): 0.1264
MA(25): 0.0940
MA(99): 0.0779
Entry Points
MAGIC/USDT has shown a powerful surge! Consider a potential entry on a pullback towards the 7-day MA (around 0.1264 USDT), which might act as a support level if the magic continues. Alternatively, a break and hold above the recent high of 0.1438 USDT could signal further upward potential. Watch for increasing volume on any breakout.
Exit Points
The immediate target for profit-taking is the recent 24h high of 0.1438 USDT. If MAGIC/USDT breaks through this resistance with significant volume, higher targets could be anticipated. Employ a trailing stop-loss strategy to secure profits as the price ascends. Be vigilant for any signs of weakening momentum at resistance levels.
#technical_analysis
What's the Spell for Entry?
Current Price and Performance
Current Price: 0.1183 USDT
Price Change: +57.73%
24h High: 0.1438 USDT
24h Low: 0.0748 USDT
Trading Volume (24h): 297.54M MAGIC
Moving Averages:
MA(7): 0.1264
MA(25): 0.0940
MA(99): 0.0779
Entry Points
MAGIC/USDT has shown a powerful surge! Consider a potential entry on a pullback towards the 7-day MA (around 0.1264 USDT), which might act as a support level if the magic continues. Alternatively, a break and hold above the recent high of 0.1438 USDT could signal further upward potential. Watch for increasing volume on any breakout.
Exit Points
The immediate target for profit-taking is the recent 24h high of 0.1438 USDT. If MAGIC/USDT breaks through this resistance with significant volume, higher targets could be anticipated. Employ a trailing stop-loss strategy to secure profits as the price ascends. Be vigilant for any signs of weakening momentum at resistance levels.
#technical_analysis
📌 𝗠𝗔𝗦𝗧𝗘𝗥𝗜𝗡𝗚 𝗘𝗡𝗧𝗥𝗬 𝗔𝗡𝗗 𝗘𝗫𝗜𝗧 𝗣𝗢𝗜𝗡𝗧𝗦:
The Key to Winning Trades
One of the most critical skills a trader must develop is knowing when to enter and exit a trade. It's not just about spotting trends—timing is everything. Perfect entries and exits can be the difference between profit and loss, especially in the fast-paced crypto market.
Entry points are moments where conditions suggest a strong chance of upward momentum. Traders often enter after a confirmation candle appears above support or trend lines, using indicators like RSI or MACD to validate strength. A good rule? Don’t rush. Wait for confirmation—avoid emotional buys or FOMO.
Exit points are where you lock in profits or cut losses. A proper exit is based on pre-set goals (like +5% profit or -2% stop-loss). Don’t let greed or hope take over. Always stick to your strategy.
Scalpers and day traders may exit within minutes, while swing traders might hold for days. Long-term investors, meanwhile, exit based on fundamental changes or hitting long-term targets.
Bottom line: Plan your exit before your entry. Discipline beats emotion in trading. Use tools, test strategies, and always have a clear exit strategy—profit loves preparation!
#technical_analysis
$BSW
The Key to Winning Trades
One of the most critical skills a trader must develop is knowing when to enter and exit a trade. It's not just about spotting trends—timing is everything. Perfect entries and exits can be the difference between profit and loss, especially in the fast-paced crypto market.
Entry points are moments where conditions suggest a strong chance of upward momentum. Traders often enter after a confirmation candle appears above support or trend lines, using indicators like RSI or MACD to validate strength. A good rule? Don’t rush. Wait for confirmation—avoid emotional buys or FOMO.
Exit points are where you lock in profits or cut losses. A proper exit is based on pre-set goals (like +5% profit or -2% stop-loss). Don’t let greed or hope take over. Always stick to your strategy.
Scalpers and day traders may exit within minutes, while swing traders might hold for days. Long-term investors, meanwhile, exit based on fundamental changes or hitting long-term targets.
Bottom line: Plan your exit before your entry. Discipline beats emotion in trading. Use tools, test strategies, and always have a clear exit strategy—profit loves preparation!
#technical_analysis
$BSW
ACH analysis: 👍😊))))) #technical_analysis
The price has been rejected from the resistance area several times. This means it's currently a no-trade zone. We are waiting for a clear break above the resistance area or a test of the support area for new entries. Let's see how the price reacts in the coming days.
Support Area: $0.0153-$0.0163
Resistance Area: $0.022-$0.0231
The price has been rejected from the resistance area several times. This means it's currently a no-trade zone. We are waiting for a clear break above the resistance area or a test of the support area for new entries. Let's see how the price reacts in the coming days.
Support Area: $0.0153-$0.0163
Resistance Area: $0.022-$0.0231
DOGE analysis: #technical_analysis
Price has reached a major resistance area, and a break above this will lead to a strong rally. It is better to wait for a clear breakout above this resistance before opening new long positions.
$Resistance Area: $0.14-$0.15
Price has reached a major resistance area, and a break above this will lead to a strong rally. It is better to wait for a clear breakout above this resistance before opening new long positions.
$Resistance Area: $0.14-$0.15
$ZRO
Update Abou ZRO
ZRO had make its resistance level at ( 4.44 ).
IF the 4H candle close above the resistence level then its highet chance that ZRO will go to the moon.
If the 4H candle close below the resistance level then its will take the support zone and after that it will go to high.
Better to do your own research before enteing into LONG or SHORT
DYOR
For quick updates join my telegram group
•brave_099
•brave_99
its same✌️
#brave99 #ETH🔥🔥🔥🔥 #pumpNdump #technical_analysis #signalfutures
Update Abou ZRO
ZRO had make its resistance level at ( 4.44 ).
IF the 4H candle close above the resistence level then its highet chance that ZRO will go to the moon.
If the 4H candle close below the resistance level then its will take the support zone and after that it will go to high.
Better to do your own research before enteing into LONG or SHORT
DYOR
For quick updates join my telegram group
•brave_099
•brave_99
its same✌️
#brave99 #ETH🔥🔥🔥🔥 #pumpNdump #technical_analysis #signalfutures
$ZRO
Update about ZRO
ZRO is currently trading around (3.85) and consolidating. Now its will go up around (4.05 ) du to $BTC bullish move.
Then it supposed to make a resistance level at ( 3.75 ) where is will make a uptrend move and move to( 3.32) and also a higher chance to go for ATH.
But it break this resistence at 3.75 then there possibility to go further down. So take risk on your own.
It is just my Technical Analysis whether its the market anthing could be happend.
DYOR
#brave99 #ETHFI🔥🔥🔥 #pumpNdump #signalfutures #Market_Update
Update about ZRO
ZRO is currently trading around (3.85) and consolidating. Now its will go up around (4.05 ) du to $BTC bullish move.
Then it supposed to make a resistance level at ( 3.75 ) where is will make a uptrend move and move to( 3.32) and also a higher chance to go for ATH.
But it break this resistence at 3.75 then there possibility to go further down. So take risk on your own.
It is just my Technical Analysis whether its the market anthing could be happend.
DYOR
#brave99 #ETHFI🔥🔥🔥 #pumpNdump #signalfutures #Market_Update
Bitcoin Short Opportunity: Is a 1:3 Risk-to-Reward Trade the Move You’ve Been Waiting For?
If you’re trading Bitcoin or tracking its movements, now might be a strategic moment to consider a short position. Based on my recent analysis, I see a potential setup with a favorable 1:3 risk-to-reward ratio.
Why Short Bitcoin Now?
1. Price Rejection at Resistance: Bitcoin has faced rejection at a key resistance level, signaling that sellers are stepping in. This could indicate an upcoming pullback.
2. Bearish Divergence Indicators: Technical indicators like the RSI and MACD are showing signs of weakness, suggesting that the current uptrend may be losing steam.
My Trading Strategy
Entry Point: Planning to enter around the current resistance level to maximize downside potential.
Stop-Loss & Take-Profit: A stop-loss will be placed just above the resistance to minimize losses. The take-profit level is set to achieve that 1:3 risk-to-reward ratio.
Remember, trading Bitcoin can be volatile. Always have a solid trade plan and manage your risk effectively. Happy trading, and let’s see where Bitcoin heads next!
#LuckySevenTrader #BinanceSquareFamily #technical_analysis #BTC #Write2Earn!
If you’re trading Bitcoin or tracking its movements, now might be a strategic moment to consider a short position. Based on my recent analysis, I see a potential setup with a favorable 1:3 risk-to-reward ratio.
Why Short Bitcoin Now?
1. Price Rejection at Resistance: Bitcoin has faced rejection at a key resistance level, signaling that sellers are stepping in. This could indicate an upcoming pullback.
2. Bearish Divergence Indicators: Technical indicators like the RSI and MACD are showing signs of weakness, suggesting that the current uptrend may be losing steam.
My Trading Strategy
Entry Point: Planning to enter around the current resistance level to maximize downside potential.
Stop-Loss & Take-Profit: A stop-loss will be placed just above the resistance to minimize losses. The take-profit level is set to achieve that 1:3 risk-to-reward ratio.
Remember, trading Bitcoin can be volatile. Always have a solid trade plan and manage your risk effectively. Happy trading, and let’s see where Bitcoin heads next!
#LuckySevenTrader #BinanceSquareFamily #technical_analysis #BTC #Write2Earn!
profit from last trade as i provide signal in my last post
general query Let me know in comments
#profit #ProfitFromCrypto #CryptoProfit #btcprofit #technical_analysis
general query Let me know in comments
#profit #ProfitFromCrypto #CryptoProfit #btcprofit #technical_analysis
🚀 BNB Surpasses 560 USDT – What’s Next? 🚀
BNB/USDT Technical and Fundamental Analysis:
As of today, BNB is trading at around 561.7 USDT, reflecting a strong 1.52% increase over the last 24 hours. But what lies ahead for Binance Coin (BNB)? Here’s a breakdown of what the technical and fundamental analysis suggests for the upcoming days!
Fundamental Analysis 📊
BNB, the native token of Binance, has solid fundamentals behind it. Binance's continuous growth as the world's leading cryptocurrency exchange, alongside the ecosystem's expansion into DeFi, NFTs, and blockchain technology, gives BNB a strong foundation.
Key points driving BNB:
- Burning Mechanism: Regular quarterly burns reduce the total supply of BNB, increasing scarcity and boosting demand.
- Utility: BNB is used for transaction fees, staking, and project funding, enhancing its long-term value.
- Market Sentiment: BNB is benefiting from the overall bullish crypto sentiment as well as the recent recovery in altcoins.
With Binance maintaining its global dominance and the upcoming blockchain advancements, BNB remains one of the most robust assets in the market.
Technical Analysis 🔍
Using the 1D (Daily) Chart, let’s analyze BNB/USDT to predict price movements in the next few days. The chart patterns indicate several key points:
1. Bullish Flag Formation 📈: BNB has recently formed a bullish flag, a signal of potential upward movement. The price continues to consolidate within this pattern, but if the flag breaks out, a new rally could emerge.
2. RSI in Neutral Zone 🔄: The RSI (Relative Strength Index) is around 50, indicating that BNB is neither overbought nor oversold. This leaves room for further upward movement, especially if buying pressure increases.
3. Moving Averages 📊: BNB has crossed above the 50-day moving average, which typically signals a bullish trend. Additionally, the 200-day MA is acting as a strong support level, giving more confidence in upward momentum.
Support and Resistance Levels 📏
For the next few days, here are the key support (S) and resistance (R) levels to watch:
- Resistance Levels:
- R1: 565 USDT – Immediate resistance near this level. If BNB breaks this point, it could aim for further gains.
- R2: 580 USDT – A critical resistance level. A successful breakout here may lead to strong bullish continuation.
- R3: 600 USDT – Psychological level and a strong barrier that BNB may test if bullish sentiment intensifies.
- Support Levels:
- S1: 550 USDT – A vital support zone. If BNB falls below this, it could enter a consolidation phase.
- S2: 540 USDT – Another important support, which has acted as a safety net for BNB during its previous corrections.
- S3: 525 USDT – If bearish pressure rises, this level may come into play as a critical support.
Prediction for the Coming Days 🕵️♂️
Given the current patterns and market conditions, BNB is showing potential to break its immediate resistance at 565 USDT, which could open the way toward testing 580 USDT in the coming days. If this level is breached, the next psychological target is 600 USDT. On the downside, if BNB retraces, it may find support near 550 USDT and 540 USDT before making another attempt to rally.
Conclusion 💡
With BNB’s solid fundamentals, bullish technical indicators, and strong support levels, the short-term outlook appears optimistic. Keep an eye on those resistance points as BNB could very well test the 600 USDT mark soon! 📈🚀
Sources 📚
- Binance.com
- TradingView (for chart analysis)
- PANews
🌟 Get ready to ride the BNB wave! 🌟
follow for more @Najaf Ali Jafri
$BNB
#BNBAnalysis #Market_Update #CryptoPCEWatch #BNB_Market_Update #technical_analysis
As of today, BNB is trading at around 561.7 USDT, reflecting a strong 1.52% increase over the last 24 hours. But what lies ahead for Binance Coin (BNB)? Here’s a breakdown of what the technical and fundamental analysis suggests for the upcoming days!
Fundamental Analysis 📊
BNB, the native token of Binance, has solid fundamentals behind it. Binance's continuous growth as the world's leading cryptocurrency exchange, alongside the ecosystem's expansion into DeFi, NFTs, and blockchain technology, gives BNB a strong foundation.
Key points driving BNB:
- Burning Mechanism: Regular quarterly burns reduce the total supply of BNB, increasing scarcity and boosting demand.
- Utility: BNB is used for transaction fees, staking, and project funding, enhancing its long-term value.
- Market Sentiment: BNB is benefiting from the overall bullish crypto sentiment as well as the recent recovery in altcoins.
With Binance maintaining its global dominance and the upcoming blockchain advancements, BNB remains one of the most robust assets in the market.
Technical Analysis 🔍
Using the 1D (Daily) Chart, let’s analyze BNB/USDT to predict price movements in the next few days. The chart patterns indicate several key points:
1. Bullish Flag Formation 📈: BNB has recently formed a bullish flag, a signal of potential upward movement. The price continues to consolidate within this pattern, but if the flag breaks out, a new rally could emerge.
2. RSI in Neutral Zone 🔄: The RSI (Relative Strength Index) is around 50, indicating that BNB is neither overbought nor oversold. This leaves room for further upward movement, especially if buying pressure increases.
3. Moving Averages 📊: BNB has crossed above the 50-day moving average, which typically signals a bullish trend. Additionally, the 200-day MA is acting as a strong support level, giving more confidence in upward momentum.
Support and Resistance Levels 📏
For the next few days, here are the key support (S) and resistance (R) levels to watch:
- Resistance Levels:
- R1: 565 USDT – Immediate resistance near this level. If BNB breaks this point, it could aim for further gains.
- R2: 580 USDT – A critical resistance level. A successful breakout here may lead to strong bullish continuation.
- R3: 600 USDT – Psychological level and a strong barrier that BNB may test if bullish sentiment intensifies.
- Support Levels:
- S1: 550 USDT – A vital support zone. If BNB falls below this, it could enter a consolidation phase.
- S2: 540 USDT – Another important support, which has acted as a safety net for BNB during its previous corrections.
- S3: 525 USDT – If bearish pressure rises, this level may come into play as a critical support.
Prediction for the Coming Days 🕵️♂️
Given the current patterns and market conditions, BNB is showing potential to break its immediate resistance at 565 USDT, which could open the way toward testing 580 USDT in the coming days. If this level is breached, the next psychological target is 600 USDT. On the downside, if BNB retraces, it may find support near 550 USDT and 540 USDT before making another attempt to rally.
Conclusion 💡
With BNB’s solid fundamentals, bullish technical indicators, and strong support levels, the short-term outlook appears optimistic. Keep an eye on those resistance points as BNB could very well test the 600 USDT mark soon! 📈🚀
Sources 📚
- Binance.com
- TradingView (for chart analysis)
- PANews
🌟 Get ready to ride the BNB wave! 🌟
follow for more @Najaf Ali Jafri
$BNB
#BNBAnalysis #Market_Update #CryptoPCEWatch #BNB_Market_Update #technical_analysis
All you need to know for $BNB + Technical Analysis
Hey Folks, we know $BNB is like a pure gold, so many use cases here. We all know that $BNB plays important role in all #Binance Products like Binance Launchpool, Binance Megadrop, Binance Airdrops HODLer, etc...I have many articles on my profile explaining how to take the best advantages of $BNB
I'll give you a small brief about $BNB and why I think is has super bright future but first let's talk about the chart!
Technical Analysis
$BNB
Still in a range. Currently is forming very bullish monthly candle( bullish pin bar). Once the range is resolved is expected to take new highs at around $770.
Against $BTC trading at range low most likely next target middle range and range high. There is room for an upside.
Price action is above the weekly EMA ribbon which indicates Bull Market on the weekly time frame.
Interesting fact:
On May 11, 2024, BNB was the fourth-largest cryptocurrency by market capitalization, behind only Bitcoin, Ethereum, and USD Tether. That's pretty impressive right 🔥
Binance Coin Burning
Every quarter, Binance uses one-fifth of its profits to repurchase and permanently destroy (or "burn") BNB held in its treasury. Binance has regularly performed these burning events. The previousBNB burn as of May 2024 was on April 24. Binance burned a total of 1.94 million BNB, equivalent to $670.78 million. It was Binance's 27th quarterly BNB burn.
And a bit before I wrote this was the lastest 28th burn!
Here are the facts and figures from the latest burn:
Auto-Burn (Total BNB burned): 1,643,698.8 BNB
Approximate value in USD around the time of burn: ~$971M
$BNB price eyes return to 2024 peak of $721.80
Binance Coin (BNB) trades around $585 at the time of writing. Binance Coin is likely to extend gains by 24% and revisit 2024 peak of $721.80, seen previously on June 6.
Binance’s native token could face resistance at $588, $664 and $677, the 50% and 78.6% Fibonacci retracement of the decline from June 6 top of $721 to July 5 low of $454, and the upper boundary of the Fair Value Gap (FVG) respectively.
The momentum indicator, Moving Average Convergence Divergence (MACD) supports a recovery in BNB, it indicates positive underlying momentum in Binance Coin’s price.
BNB could find support at July 16 low of $554, and $517.80, the 23.60% Fibonacci retracement level of the mentioned decline.
At the end this is all technical analysis. For me the future trend of $BNB will be only up and up and up! I'm pretty bullish on it because there is not other Coin out there with so many utilities and benefits for Holders like #BNBToken
Frequently Asked Questions
Is BNB a good investment?
The forecast for BNB price is quite positive. It is expected that BNB price might meet a bull trend in the nearest future. We kindly remind you to always do your own research before investing in any asset.
Can BNB rise?
In five-year plan perspective, the cryptocurrency could probably rise up to $2,425.76. Due to price fluctuations on the market, please always do your research before invest money in any project, network, asset, etc.
How much will BNB be worth 2025?
BNB network is developing rapidly. BNB price forecast for 2025 is rather positive. The BNB average price is expected to reach minimum and maximum prices of $1,088.89 and $1,294.87 respectively.
How much will BNB be worth 2030?
BNB is provided with suitable environment to reach new heights in terms of price. BNB price prediction is quite positive. Business analysts predict that BNB might reach the maximum price of $8,254.17 by 2030. Please take into account that none of the data provided above is neither fundamental analysis nor investment advice. None of the information provided is $6,883.31
Will BNB go up?
According to the presented price predictions and recent price rise, Binance coin cryptocurrency can definitely go up a lot more in the future.
Is BNB worth buying?
Definitely. Not only as an internal currency of Binance exchange but as an investment option too, since the price of the coin is rising.
Where do I buy Binance Coin?
The most obvious answer is the Binance exchange. And of course all others TOP CEXs and DEXs!
#technical_analysis
I'll give you a small brief about $BNB and why I think is has super bright future but first let's talk about the chart!
Technical Analysis
$BNB
Still in a range. Currently is forming very bullish monthly candle( bullish pin bar). Once the range is resolved is expected to take new highs at around $770.
Against $BTC trading at range low most likely next target middle range and range high. There is room for an upside.
Price action is above the weekly EMA ribbon which indicates Bull Market on the weekly time frame.
Interesting fact:
On May 11, 2024, BNB was the fourth-largest cryptocurrency by market capitalization, behind only Bitcoin, Ethereum, and USD Tether. That's pretty impressive right 🔥
Binance Coin Burning
Every quarter, Binance uses one-fifth of its profits to repurchase and permanently destroy (or "burn") BNB held in its treasury. Binance has regularly performed these burning events. The previousBNB burn as of May 2024 was on April 24. Binance burned a total of 1.94 million BNB, equivalent to $670.78 million. It was Binance's 27th quarterly BNB burn.
And a bit before I wrote this was the lastest 28th burn!
Here are the facts and figures from the latest burn:
Auto-Burn (Total BNB burned): 1,643,698.8 BNB
Approximate value in USD around the time of burn: ~$971M
$BNB price eyes return to 2024 peak of $721.80
Binance Coin (BNB) trades around $585 at the time of writing. Binance Coin is likely to extend gains by 24% and revisit 2024 peak of $721.80, seen previously on June 6.
Binance’s native token could face resistance at $588, $664 and $677, the 50% and 78.6% Fibonacci retracement of the decline from June 6 top of $721 to July 5 low of $454, and the upper boundary of the Fair Value Gap (FVG) respectively.
The momentum indicator, Moving Average Convergence Divergence (MACD) supports a recovery in BNB, it indicates positive underlying momentum in Binance Coin’s price.
BNB could find support at July 16 low of $554, and $517.80, the 23.60% Fibonacci retracement level of the mentioned decline.
At the end this is all technical analysis. For me the future trend of $BNB will be only up and up and up! I'm pretty bullish on it because there is not other Coin out there with so many utilities and benefits for Holders like #BNBToken
Frequently Asked Questions
Is BNB a good investment?
The forecast for BNB price is quite positive. It is expected that BNB price might meet a bull trend in the nearest future. We kindly remind you to always do your own research before investing in any asset.
Can BNB rise?
In five-year plan perspective, the cryptocurrency could probably rise up to $2,425.76. Due to price fluctuations on the market, please always do your research before invest money in any project, network, asset, etc.
How much will BNB be worth 2025?
BNB network is developing rapidly. BNB price forecast for 2025 is rather positive. The BNB average price is expected to reach minimum and maximum prices of $1,088.89 and $1,294.87 respectively.
How much will BNB be worth 2030?
BNB is provided with suitable environment to reach new heights in terms of price. BNB price prediction is quite positive. Business analysts predict that BNB might reach the maximum price of $8,254.17 by 2030. Please take into account that none of the data provided above is neither fundamental analysis nor investment advice. None of the information provided is $6,883.31
Will BNB go up?
According to the presented price predictions and recent price rise, Binance coin cryptocurrency can definitely go up a lot more in the future.
Is BNB worth buying?
Definitely. Not only as an internal currency of Binance exchange but as an investment option too, since the price of the coin is rising.
Where do I buy Binance Coin?
The most obvious answer is the Binance exchange. And of course all others TOP CEXs and DEXs!
#technical_analysis
$BTC
BTC is going accordingly as we analysis.
Bitcoin is currently trading around 66.2k on its support.
According to the analysis from this point it will go Short to hit the support level of 60k and if break 60k level then next support level will be 56k.
You can take entry on short $BTC with SL 63.3k or above according to your wallet.
Use less margin to avoid the risk of losing.
And Take profit partially when it hitting the Target.
DYOR
here's the TG
brave-099
#brave99 #signalfutures #technical_analysis #ETHFI🔥🔥🔥
BTC is going accordingly as we analysis.
Bitcoin is currently trading around 66.2k on its support.
According to the analysis from this point it will go Short to hit the support level of 60k and if break 60k level then next support level will be 56k.
You can take entry on short $BTC with SL 63.3k or above according to your wallet.
Use less margin to avoid the risk of losing.
And Take profit partially when it hitting the Target.
DYOR
here's the TG
brave-099
#brave99 #signalfutures #technical_analysis #ETHFI🔥🔥🔥
Market will dump!!📉↘️
$ETH $BTC $BNB
#MarketExperts #Marketsentimentstoday #DumpandDump #dumpalert #technical_analysis
$ETH $BTC $BNB
#MarketExperts #Marketsentimentstoday #DumpandDump #dumpalert #technical_analysis
DOT/USDT 1D Analysis Update
$DOT
Key Support & Resistance Levels:
S1 ($3.637): A crucial support level that has historically served as a strong accumulation zone.
R1 (Descending Resistance): A key trendline resistance that DOT needs to break to signal a potential reversal.
R2 ($8.089): A significant resistance zone where past breakout attempts have failed.
High: $11.889 (last major peak).
Low: $3.590 (historical bottom).
Technical Indicators & Market Sentiment
🔹 Trendline Analysis:
DOT remains below R1, maintaining a downtrend. A breakout above this resistance could be the first indication of a shift in trend, paving the way for higher price targets.
🔹 Potential Bullish Reversal Scenario:
If DOT breaks R1 and sustains above $5.50, a rally toward $6.50–$7.00 is likely.
A decisive move above $8.00 would confirm a full trend reversal, with mid-term targets of $10–$12.
🔹 Bearish Breakdown Scenario:
Failure to hold above $4.50 or a rejection at R1 could result in a retest of $3.63 (S1).
📈 Bullish Breakout Plan:
Enter long positions if DOT breaks R1 and holds above $5.50.
Target price levels: $7.00–$8.00 initially, with a possible extension to $10–$12.
📉 Bearish Breakdown Plan:
Consider short positions if DOT fails to reclaim $5.50 and starts declining.
Target price levels: $4.00–$3.60, with a potential deeper drop if $3.60 fails to hold.
#Binance #dot #Polkadot #technical_analysis
$DOT
Key Support & Resistance Levels:
S1 ($3.637): A crucial support level that has historically served as a strong accumulation zone.
R1 (Descending Resistance): A key trendline resistance that DOT needs to break to signal a potential reversal.
R2 ($8.089): A significant resistance zone where past breakout attempts have failed.
High: $11.889 (last major peak).
Low: $3.590 (historical bottom).
Technical Indicators & Market Sentiment
🔹 Trendline Analysis:
DOT remains below R1, maintaining a downtrend. A breakout above this resistance could be the first indication of a shift in trend, paving the way for higher price targets.
🔹 Potential Bullish Reversal Scenario:
If DOT breaks R1 and sustains above $5.50, a rally toward $6.50–$7.00 is likely.
A decisive move above $8.00 would confirm a full trend reversal, with mid-term targets of $10–$12.
🔹 Bearish Breakdown Scenario:
Failure to hold above $4.50 or a rejection at R1 could result in a retest of $3.63 (S1).
📈 Bullish Breakout Plan:
Enter long positions if DOT breaks R1 and holds above $5.50.
Target price levels: $7.00–$8.00 initially, with a possible extension to $10–$12.
📉 Bearish Breakdown Plan:
Consider short positions if DOT fails to reclaim $5.50 and starts declining.
Target price levels: $4.00–$3.60, with a potential deeper drop if $3.60 fails to hold.
#Binance #dot #Polkadot #technical_analysis
$XRP (1W) Analysis:
MA 7: Indicates a short-term support level.
MA 25: A medium-term trend line that recently crossed above the 7 MA, suggesting a potential bullish trend.
MA 99: Indicates a longer-term support level.
Bollinger Bands
Upper Band: $0.6520
Middle Band: $0.5348
Lower Band: $0.4176
Observation: The price is close to the upper Bollinger Band, indicating a potential overbought condition or a bullish breakout.
Ichimoku Cloud: The price is just below the upper edge of the cloud, indicating potential resistance. A breakout above the cloud could suggest a bullish trend.
Fibonacci Retracement Levels : The price is currently testing the 23.6% retracement level, which might act as resistance.
Stochastic RSI
Current Value: 88.89
Observation: The Stochastic RSI is in the overbought zone, indicating that the asset might be overextended, and a pullback could be expected.
MACD Line: 0.0145
Signal Line: 0.0027
Histogram: Positive
Observation: The MACD line is above the signal line, indicating bullish momentum.
ADX Value: 12.25
Observation: The ADX is below 25, suggesting a weak trend or range-bound market.
BoP Value: 0.56
Observation: A positive value indicates that buyers are currently stronger than sellers.
CMF Value: -0.01
Observation: A negative value close to zero indicates a neutral to slight selling pressure.
Overall Analysis
Bullish Indicators: The price is near the upper Bollinger Band, the MACD is bullish, and the short-term MA (MA 7) is above the medium-term MA (MA 25).
Bearish Indicators: The Stochastic RSI is overbought, suggesting a potential pullback.
Neutral Indicators: ADX indicates a weak trend, and the CMF shows slight selling pressure.
Conclusion: XRP/USD is showing signs of a potential bullish breakout, but caution is warranted due to overbought conditions on the Stochastic RSI.
$BTC Rules!!!
Happy Trading!!!
#BinanceSquareFamily #Xrp🔥🔥 #technical_analysis #technicalanalyst
MA 7: Indicates a short-term support level.
MA 25: A medium-term trend line that recently crossed above the 7 MA, suggesting a potential bullish trend.
MA 99: Indicates a longer-term support level.
Bollinger Bands
Upper Band: $0.6520
Middle Band: $0.5348
Lower Band: $0.4176
Observation: The price is close to the upper Bollinger Band, indicating a potential overbought condition or a bullish breakout.
Ichimoku Cloud: The price is just below the upper edge of the cloud, indicating potential resistance. A breakout above the cloud could suggest a bullish trend.
Fibonacci Retracement Levels : The price is currently testing the 23.6% retracement level, which might act as resistance.
Stochastic RSI
Current Value: 88.89
Observation: The Stochastic RSI is in the overbought zone, indicating that the asset might be overextended, and a pullback could be expected.
MACD Line: 0.0145
Signal Line: 0.0027
Histogram: Positive
Observation: The MACD line is above the signal line, indicating bullish momentum.
ADX Value: 12.25
Observation: The ADX is below 25, suggesting a weak trend or range-bound market.
BoP Value: 0.56
Observation: A positive value indicates that buyers are currently stronger than sellers.
CMF Value: -0.01
Observation: A negative value close to zero indicates a neutral to slight selling pressure.
Overall Analysis
Bullish Indicators: The price is near the upper Bollinger Band, the MACD is bullish, and the short-term MA (MA 7) is above the medium-term MA (MA 25).
Bearish Indicators: The Stochastic RSI is overbought, suggesting a potential pullback.
Neutral Indicators: ADX indicates a weak trend, and the CMF shows slight selling pressure.
Conclusion: XRP/USD is showing signs of a potential bullish breakout, but caution is warranted due to overbought conditions on the Stochastic RSI.
$BTC Rules!!!
Happy Trading!!!
#BinanceSquareFamily #Xrp🔥🔥 #technical_analysis #technicalanalyst
BTCUSD Technical Analysis : Triangle Found on H1 Timeframe
#BTCUSDT. #BTC☀ #technical_analysis #Write2Earn
#BinanceSquareFamily
$BTC
Current Market Overview :
- Current Price :** $95,000
- Support Zone :** $95,000
- Resistance Levels :
- First Resistance : $94,000
- Second Resistance : $85,000 to $80,000
Analysis :
The BTCUSD pair has recently formed a **triangle pattern** on the H1 timeframe, indicating potential volatility ahead. As previously analyzed, the price was expected to drop to **$94,000**, which has occurred. If the price breaks below the support zone at **$95,000**, we could see a further decline towards the **$85,000 to $80,000** range.
Key Observations :
- The **800 pips** drop was anticipated if the price fell below the support level.
- Currently, BTCUSDT is showing signs of a potential rebound from the support zone, suggesting a possible long position.
Resistance Levels :
1. **$94,000** - Immediate resistance; a break above could signal bullish momentum.
2. **$85,000 to $80,000** - Critical support levels; if breached, it may indicate a bearish trend.
Conclusion :
Traders should remain cautious. If BTCUSD holds above the **$95,000** support, a long position could be viable. However, if it breaks below, prepare for a potential drop to the **$85,000 to $80,000** range.
Pro-Tip for Investors :
- **Always trade smarter:** Implement strict **money management** strategies to mitigate risks.
- Monitor market sentiment and news that could impact price movements.
Final Thoughts :
Stay vigilant and adapt your strategies based on market conditions. Happy trading!
#BTCUSDT. #BTC☀ #technical_analysis #Write2Earn
#BinanceSquareFamily
$BTC
Current Market Overview :
- Current Price :** $95,000
- Support Zone :** $95,000
- Resistance Levels :
- First Resistance : $94,000
- Second Resistance : $85,000 to $80,000
Analysis :
The BTCUSD pair has recently formed a **triangle pattern** on the H1 timeframe, indicating potential volatility ahead. As previously analyzed, the price was expected to drop to **$94,000**, which has occurred. If the price breaks below the support zone at **$95,000**, we could see a further decline towards the **$85,000 to $80,000** range.
Key Observations :
- The **800 pips** drop was anticipated if the price fell below the support level.
- Currently, BTCUSDT is showing signs of a potential rebound from the support zone, suggesting a possible long position.
Resistance Levels :
1. **$94,000** - Immediate resistance; a break above could signal bullish momentum.
2. **$85,000 to $80,000** - Critical support levels; if breached, it may indicate a bearish trend.
Conclusion :
Traders should remain cautious. If BTCUSD holds above the **$95,000** support, a long position could be viable. However, if it breaks below, prepare for a potential drop to the **$85,000 to $80,000** range.
Pro-Tip for Investors :
- **Always trade smarter:** Implement strict **money management** strategies to mitigate risks.
- Monitor market sentiment and news that could impact price movements.
Final Thoughts :
Stay vigilant and adapt your strategies based on market conditions. Happy trading!
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