#BNBEUR holding 617 #EUR so far (post yesterday) and bulls r | EuroChartCreator on Binance Square

Trending Articles

Bookmarked and Liked

EuroChartCreator

--

#BNBEUR holding 617 #EUR so far (post yesterday) and bulls really do not want it close the day below 580 (post Wednesday)

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

3

0

Explore the latest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

EuroChartCreator

@EuroChartCreator

Explore More From Creator

taking partial profit when sitting on a sizable unrealised gain is a sound strategy

--

#BTCEUR looks more constructive now with arguably an #Elliottwave impulsive structure. A 5th wave push into 54k #EUR will be a much better signal but $BTC should hold above 48.5k #euro for the immediate bull case to be viable. Personally I'm already moving the stop up to 49.8k for at least 75% of the long position to protect more gain. Dropping under 50k without reaching 54k first will practically invalidate the impulsive character of this really.

--

#BTCEUR got into the hourly buy zone as expected, stop can now be moved up to last low ~47.4k #EUR or your entry break-even. If still wish to initiate a non-zero position, one might delve into 15min and long against 47.7k tight stop. Given the action off the low is not clearly #Elliottwave impulsive, $BTC bear certainly has good argument to short against 50.5k/51.2k/54k #euro depending on risk tolerance.

--

BTC Aug.2024 review

--

#BNBEUR reach 0.618 retracement of the Jun.'24 ATH, arguably an almost full #Elliottwave 5up as per yellow fibs suggested and the angle of ascent is flattening. In the short term 470 #EUR is a key signal for whether it strikes a temporary top. While I'm still mindful of the risk of the pink fibs A=C, the relatively muted pullbacks along the rally off the Aug. low reminds us $BNB is still in a bullmarket overall, as long as that Aug. low holds, so the 420 region support becomes important for all timeframes now. Also the weakening USD is positive for all dollar denominated assets, it will be interesting to see how crypto and #euro react relatively. #BNBAnalysis

--

Latest News

Echo Protocol Recovers Hacked Social Media Account, Ensures User Security

--

Strategy's Bitcoin Tracker Update Sparks Speculation on Holdings

--

Bitcoin Traders Anticipate Continued Bull Market

--

Bitcoin Adoption in Corporate Treasury Sparks Debate Among Industry Leaders

--

Ripple and SEC Seek Settlement in Ongoing Legal Battle

--

Trending Articles

$BTC BTC is currently following the pattern in the image bel

I Lost $4,000 in a P2P Crypto Scam — Don’t Let It Happen to

🚨🚨 Whales Don’t Trade Like You Do – And Here’s Why It Matters! 🚨🚨

$XRP The $XRP $10,000 Thesis At the core of the $10,000 pre

Someone purchased this #NFT for $550,000 3 years ago. To

Cookie Preferences

Cookie Preferences