🔥BREAKING🔥 🇺🇸 FIDELITY JUST BOUGHT $108 MILLION WORTH O | Gk_Aronno on Binance Square

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🔥BREAKING🔥
🇺🇸 FIDELITY JUST BOUGHT $108 MILLION WORTH OF #BITCOIN. 

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thereum (ETH/USD) – Major Bearish Setup | Rising Wedge Breakdown

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#EGLD LTF Analysis: $EGLD on the 4h timeframe has broken out of the rising wedge pattern. The breakout left a significant FVG due to the god candle, and currently, $EGLD is retracing towards the trendline support zone for a retest. This retracement will also fill the FVG on $EGLD, which is healthy. The key for $EGLD now is to hold above the trendline support zone. Keep an eye on $EGLD.

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#INJ LTF Analysis: $INJ on the 4H timeframe is currently breaking down from the ascending channel. So far, this appears to be a healthy pullback for $INJ. Moving forward, $INJ either needs to reclaim the ascending channel or hold above the nearby horizontal support zone to maintain its bullish structure. Keeping a close eye on $INJ for now.

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#BIO HTF Analysis: Recently, significant activity has been observed on-chain for $BIO, with rumors suggesting that whales are actively accumulating. On the daily chart, $BIO has successfully broken out of the descending channel and is currently facing resistance at the horizontal level. A healthy pullback towards the top of the descending channel would offer an ideal entry opportunity. Alternatively, a confirmed breakout and flip of the horizontal resistance zone would provide a safer long entry. For those unfamiliar, $BIO is widely recognized as the leading project within the DeSci narrative.

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