Binance Square

BNB Only

Open Trade
BNB Holder
BNB Holder
Frequent Trader
4.1 Years
10 Following
77 Followers
89 Liked
35 Shared
All Content
Portfolio
--
See original
no more following
no more following
Binance Wallet
--
Join the 14th Exclusive TGE on #Binance Wallet with @BSquaredNetwork via @PancakeSwap.

šŸ—“ļø Subscription: April 30, 2025 from 8:00 AM - 10:00 AM UTC
šŸ“œ Eligibility: The required Alpha Points threshold will be announced on April 30 before the subscription starts.Ā 
šŸŽ Additional 8,400,000 $B2 will be allocated to future marketing campaigns. Further details will be announced separately.

🚪The Wallet Campaign Portal will be live soon.
See original
in the same boat
in the same boat
Xuanmaile
--
failed 😌
locked
locked
Binance Wallet
--
Are you up for the challenge? Or you are...
See original
View the profits and details of my investment portfolio. Follow for investment tips
View the profits and details of my investment portfolio. Follow for investment tips
See original
#TradersBootcamp While you are screaming and panicking because the market is crashing hard, I am still making a profit. By enhancing your knowledge and experience, you will survive and make money in this harsh market. Wishing you success. Follow me for more useful knowledge. The insights that 99% of the losers out there won’t tell you. If you still don't believe, revisit my old posts. Good luck my friend!
#TradersBootcamp While you are screaming and panicking because the market is crashing hard, I am still making a profit. By enhancing your knowledge and experience, you will survive and make money in this harsh market.
Wishing you success.
Follow me for more useful knowledge. The insights that 99% of the losers out there won’t tell you.
If you still don't believe, revisit my old posts.
Good luck my friend!
See original
#Binance #BinanceSayHiAtTy Invest in $BNB - carry a 3-meter bag, bring along to hold. p/s: the prize includes a bag from the platform that everyone in the group loves!
#Binance #BinanceSayHiAtTy
Invest in $BNB - carry a 3-meter bag, bring along to hold.
p/s: the prize includes a bag from the platform that everyone in the group loves!
--
Bullish
See original
#EOSProject EOS is a blockchain platform designed to support decentralized applications (DApps) with high speed, low transaction fees, and good scalability. Below are some impressions and evaluations of the EOS coin: Advantages: Speed and Scalability: EOS uses the Delegated Proof-of-Stake (DPoS) consensus mechanism, allowing for thousands of transactions per second (TPS). This is very suitable for applications that require high performance. Low Transaction Fees: One standout feature of EOS is its nearly zero transaction fees, helping developers and users save costs. Strong Ecosystem: EOS has a large developer community and supports many DApp projects. This contributes to creating a rich development environment. On-Chain Governance Mechanism: EOS integrates a governance mechanism, allowing the community to vote and decide on important changes in the network. Disadvantages: Centralization: The DPoS mechanism concentrates power in a small number of Block Producers, leading to concerns about the level of decentralization. Intense Competition: EOS faces competition from other blockchain platforms such as Ethereum, Solana, Avalanche, and Cardano, which also offer similar solutions with their own improvements. Governance Issues and Controversies: EOS has faced some controversies regarding governance and resource distribution. These issues can affect the trust of investors and users. Ecosystem Stagnation: Although it was once very prominent, the EOS ecosystem has seen a decline in attention compared to other competitors, making it no longer a top choice for new projects.
#EOSProject
EOS is a blockchain platform designed to support decentralized applications (DApps) with high speed, low transaction fees, and good scalability. Below are some impressions and evaluations of the EOS coin:

Advantages:

Speed and Scalability:
EOS uses the Delegated Proof-of-Stake (DPoS) consensus mechanism, allowing for thousands of transactions per second (TPS). This is very suitable for applications that require high performance.

Low Transaction Fees:
One standout feature of EOS is its nearly zero transaction fees, helping developers and users save costs.

Strong Ecosystem:
EOS has a large developer community and supports many DApp projects. This contributes to creating a rich development environment.

On-Chain Governance Mechanism:
EOS integrates a governance mechanism, allowing the community to vote and decide on important changes in the network.

Disadvantages:

Centralization:
The DPoS mechanism concentrates power in a small number of Block Producers, leading to concerns about the level of decentralization.

Intense Competition:
EOS faces competition from other blockchain platforms such as Ethereum, Solana, Avalanche, and Cardano, which also offer similar solutions with their own improvements.

Governance Issues and Controversies:
EOS has faced some controversies regarding governance and resource distribution. These issues can affect the trust of investors and users.

Ecosystem Stagnation:
Although it was once very prominent, the EOS ecosystem has seen a decline in attention compared to other competitors, making it no longer a top choice for new projects.
See original
#NFPCryptoImpact $BTC {future}(BTCUSDT) Price Trend: Recent Bottom: Around 91,203.67, showing that the price has bounced back after touching this support. Nearest Resistance: 95,401.04, the price is currently retesting this area. Volume: Volume is increasing on the recovery candles, indicating that buying pressure is increasing. However, the volume needs to remain strong to confirm a sustainable uptrend. Downtrend line: There is a downtrend line in blue, and the current price is trying to break through it. If the breakout is successful, a bullish move could begin. Conclusion: Nearest Support: 91,200 - 92,800. Short-term resistance: 95,400. If the price breaks through, the next target could be 98,034 or higher. Strategy: If the price breaks through the resistance line with strong volume, consider buying short-term. Conversely, if the price is rejected at the resistance zone, watch the support zones below for opportunities.
#NFPCryptoImpact $BTC
Price Trend:

Recent Bottom: Around 91,203.67, showing that the price has bounced back after touching this support.

Nearest Resistance: 95,401.04, the price is currently retesting this area.

Volume:

Volume is increasing on the recovery candles, indicating that buying pressure is increasing.

However, the volume needs to remain strong to confirm a sustainable uptrend.

Downtrend line:

There is a downtrend line in blue, and the current price is trying to break through it. If the breakout is successful, a bullish move could begin.

Conclusion:

Nearest Support: 91,200 - 92,800.

Short-term resistance: 95,400. If the price breaks through, the next target could be 98,034 or higher.

Strategy:

If the price breaks through the resistance line with strong volume, consider buying short-term.

Conversely, if the price is rejected at the resistance zone, watch the support zones below for opportunities.
See original
1. Current Price Trend: Current Price: 96,552 USDT, down 0.71% on the day. Last 24 Hours: High: 97,839.50 USDT. Low: 95,924.60 USDT. Price is hovering near the EMA(200) support level at 95,483.30 USDT, indicating a significant support zone. 2. EMAs: EMA(7) (yellow line): Is above the price, indicating short-term bearish pressure. EMA(34) and EMA(90) (pink and blue): Price is hovering near this EMA, indicating the market may be in a sideways state or preparing for a new trend. EMA(200) (green): This is a strong support line, the price is currently holding above this level, if it breaks it could lead to a deep decline. 3. Trading volume (Volume): Volume increased sharply at some points during the day, possibly due to the participation of large traders. However, the volume has recently decreased, indicating weaker momentum. 4. Other indicators: MACD and RSI (not clearly shown on the image but can be observed on the floor): Consider if RSI is near the oversold zone (below 30), this could be a buy signal. If it is near the overbought zone (above 70), be careful because the price may correct. 5. Support and resistance zones: Short-term support: 95.483 USDT (EMA200). Short-term resistance: 97.839 USDT (recent peak). Trading Strategy: If the price stays above the EMA(200) and the volume increases again, consider buying when the price breaks the resistance of 97.839 USDT. If the price breaks the EMA(200) support, be careful because the price may fall further, to the 93.500 USDT area. #Write2Earn $BTC {future}(BTCUSDT)
1. Current Price Trend:

Current Price: 96,552 USDT, down 0.71% on the day.

Last 24 Hours:

High: 97,839.50 USDT.

Low: 95,924.60 USDT.

Price is hovering near the EMA(200) support level at 95,483.30 USDT, indicating a significant support zone.

2. EMAs:

EMA(7) (yellow line): Is above the price, indicating short-term bearish pressure.

EMA(34) and EMA(90) (pink and blue): Price is hovering near this EMA, indicating the market may be in a sideways state or preparing for a new trend.

EMA(200) (green): This is a strong support line, the price is currently holding above this level, if it breaks it could lead to a deep decline.

3. Trading volume (Volume):

Volume increased sharply at some points during the day, possibly due to the participation of large traders. However, the volume has recently decreased, indicating weaker momentum.

4. Other indicators:

MACD and RSI (not clearly shown on the image but can be observed on the floor): Consider if RSI is near the oversold zone (below 30), this could be a buy signal. If it is near the overbought zone (above 70), be careful because the price may correct.

5. Support and resistance zones:

Short-term support: 95.483 USDT (EMA200).

Short-term resistance: 97.839 USDT (recent peak).

Trading Strategy:

If the price stays above the EMA(200) and the volume increases again, consider buying when the price breaks the resistance of 97.839 USDT.

If the price breaks the EMA(200) support, be careful because the price may fall further, to the 93.500 USDT area.

#Write2Earn $BTC
See original
you just wait for the price to run to know if it's right or wrong. analysis is only for forecasting
you just wait for the price to run to know if it's right or wrong. analysis is only for forecasting
minhtri
--
nonsense
See original
Recent Trend: Price is hovering around $712.15 and is above most of the EMAs (7, 34, 90, 200). This suggests that the short-term trend is bullish. Fibonacci Levels: Important Resistance Levels: 0.786 ($665.70) and 1.0 ($792.85). Potential Support Levels: 0.618 ($565.88), 0.5 ($495.77), and 0.382 ($425.65). Forecast Model: As per the sketched lines, the price is expected to drop to $606.44 (the nearest support) before rebounding. Forecast: If price breaks above $665.70 and holds, the uptrend will resume. If the price breaks the $606.44 support, a deeper correction is likely. $BNB {future}(BNBUSDT) $BTC {future}(BTCUSDT) $ETH {future}(ETHUSDT) #Write2Earn!
Recent Trend:

Price is hovering around $712.15 and is above most of the EMAs (7, 34, 90, 200). This suggests that the short-term trend is bullish.

Fibonacci Levels:

Important Resistance Levels: 0.786 ($665.70) and 1.0 ($792.85).

Potential Support Levels: 0.618 ($565.88), 0.5 ($495.77), and 0.382 ($425.65).

Forecast Model:

As per the sketched lines, the price is expected to drop to $606.44 (the nearest support) before rebounding.

Forecast:

If price breaks above $665.70 and holds, the uptrend will resume.

If the price breaks the $606.44 support, a deeper correction is likely.
$BNB
$BTC
$ETH
#Write2Earn!
See original
* Current price: $94,028.52 (slight decrease of 0.08%) * Trend: The price is trending upwards, but there are signs of a slowdown recently. * Moving averages: EMA 7, 34, 90, and 200 indicate that the price is fluctuating around these averages. * Trading volume: The trading volume in the past 24 hours is quite large, indicating that there is interest in Bitcoin in the market. Overview: The chart shows that Bitcoin is in a long-term growth trend. Consider accumulating more BTC when the price reaches support levels. #BtcNewHolder $BTC $BNB
* Current price: $94,028.52 (slight decrease of 0.08%)
* Trend: The price is trending upwards, but there are signs of a slowdown recently.
* Moving averages: EMA 7, 34, 90, and 200 indicate that the price is fluctuating around these averages.
* Trading volume: The trading volume in the past 24 hours is quite large, indicating that there is interest in Bitcoin in the market.
Overview:
The chart shows that Bitcoin is in a long-term growth trend.
Consider accumulating more BTC when the price reaches support levels.
#BtcNewHolder $BTC $BNB
--
Bearish
See original
Price Pattern: The chart is showing a descending triangle price pattern with converging resistance and support lines. When the price breaks out of the triangle (breaks above resistance or breaks below support), this is usually a signal for a new trend. Resistance and Support Zones: Current Resistance: 97,861.49 USDT. Major Support: 90,500.00 USDT and 86,477.33 USDT. For short-term trading, you can take advantage of bounces at support zones or resistance breakouts. Volume: If the price breaks an important level with high volume, the signal is stronger. Strategy: Buy (Long): When the price breaks above the EMA(90) or breaks the resistance line of the descending triangle, especially if the volume increases sharply. Short: When the price falls below the EMA(90) or breaks the support line of the triangle, accompanied by increased volume. #BtcNewHolder #btcdumping $BTC {future}(BTCUSDT) $BNB {future}(BNBUSDT) $SOL {future}(SOLUSDT)
Price Pattern:

The chart is showing a descending triangle price pattern with converging resistance and support lines.

When the price breaks out of the triangle (breaks above resistance or breaks below support), this is usually a signal for a new trend.

Resistance and Support Zones:

Current Resistance: 97,861.49 USDT.

Major Support: 90,500.00 USDT and 86,477.33 USDT.

For short-term trading, you can take advantage of bounces at support zones or resistance breakouts.

Volume:

If the price breaks an important level with high volume, the signal is stronger.

Strategy:

Buy (Long): When the price breaks above the EMA(90) or breaks the resistance line of the descending triangle, especially if the volume increases sharply.

Short: When the price falls below the EMA(90) or breaks the support line of the triangle, accompanied by increased volume.

#BtcNewHolder #btcdumping $BTC
$BNB
$SOL
--
Bearish
See original
#btcdumping $BTC $ETH $XRP Current trend: BTC is undergoing a downward adjustment after reaching a peak of 108,353 USDT. The EMA lines (7, 34) are crossing downwards, confirming a short-term downtrend. The current price (93,602 USDT) is below the EMA 34 and approaching significant Fibonacci support levels. Important support and resistance: Resistance: 95,856 USDT (EMA 34), 108,353 USDT (previous peak). Support: 86,629 USDT (nearest support). 76,000 USDT (EMA 200, Fibonacci level 0.618). 61,938 USDT (Fibonacci level 0.382). 49,000 USDT (strong support, previous low). Forecast: If the price does not hold at 86,629 USDT, BTC is likely to drop further to the area of 76,000 USDT (EMA 200), and then retest lower support levels. Short position strategy Entry point: Entry 1: 94,000 - 95,000 USDT (resistance area near EMA 34). Entry 2: If the price breaks 86,600 USDT, you can wait for a pullback to this area to enter. Stop Loss: Set Stop Loss above 96,000 USDT (above resistance EMA 34). Target: TP1: 86,600 USDT (nearest support). TP2: 76,000 USDT (EMA 200). TP3: 61,900 USDT (Fibonacci 0.382).
#btcdumping $BTC $ETH $XRP
Current trend:

BTC is undergoing a downward adjustment after reaching a peak of 108,353 USDT.

The EMA lines (7, 34) are crossing downwards, confirming a short-term downtrend.

The current price (93,602 USDT) is below the EMA 34 and approaching significant Fibonacci support levels.

Important support and resistance:

Resistance: 95,856 USDT (EMA 34), 108,353 USDT (previous peak).

Support:

86,629 USDT (nearest support).

76,000 USDT (EMA 200, Fibonacci level 0.618).

61,938 USDT (Fibonacci level 0.382).

49,000 USDT (strong support, previous low).

Forecast:

If the price does not hold at 86,629 USDT, BTC is likely to drop further to the area of 76,000 USDT (EMA 200), and then retest lower support levels.

Short position strategy

Entry point:

Entry 1: 94,000 - 95,000 USDT (resistance area near EMA 34).

Entry 2: If the price breaks 86,600 USDT, you can wait for a pullback to this area to enter.

Stop Loss:

Set Stop Loss above 96,000 USDT (above resistance EMA 34).

Target:

TP1: 86,600 USDT (nearest support).

TP2: 76,000 USDT (EMA 200).

TP3: 61,900 USDT (Fibonacci 0.382).
See original
$BNB {spot}(BNBUSDT) $BTC {spot}(BTCUSDT) Long-term trend analysis Main trend: The price is in a strong upward phase from the bottom around ~200 USDT, forming higher highs and higher lows. EMA (7, 34) is supporting the upward trend, situated above longer-term EMAs (EMA 90, 200). However, the current price is touching the Fibonacci resistance level of 1.0 (~792 USDT) and there are signals of a correction. Important support and resistance: Resistance: 792 USDT (previous peak), 823 USDT (expected peak). Support: 665.70 USDT (Fibonacci 0.786). 565.88 USDT (Fibonacci 0.618). 495.77 USDT (Fibonacci 0.5). Short-term forecast: The price is likely to correct to the Fibonacci support levels (0.786 or deeper to 0.618) before continuing to rise. If these support levels are broken, the long-term upward trend may weaken. Entry to place an order Buying plan: Wait for the price to correct to the support area: Entry 1: 665 - 670 USDT (0.786 area). Entry 2: 565 - 570 USDT (0.618 area, if a deeper correction occurs). Monitor trading volume: If volume increases at support levels, this is a confirmation signal of buying pressure. Stop Loss: Set Stop Loss below strong support (490 USDT or lower depending on risk appetite). Target: Short-term target: 792 USDT (previous peak). Long-term target: 823 USDT (Fibonacci extension)
$BNB
$BTC

Long-term trend analysis

Main trend:

The price is in a strong upward phase from the bottom around ~200 USDT, forming higher highs and higher lows.

EMA (7, 34) is supporting the upward trend, situated above longer-term EMAs (EMA 90, 200).

However, the current price is touching the Fibonacci resistance level of 1.0 (~792 USDT) and there are signals of a correction.

Important support and resistance:

Resistance: 792 USDT (previous peak), 823 USDT (expected peak).

Support:

665.70 USDT (Fibonacci 0.786).

565.88 USDT (Fibonacci 0.618).

495.77 USDT (Fibonacci 0.5).

Short-term forecast:

The price is likely to correct to the Fibonacci support levels (0.786 or deeper to 0.618) before continuing to rise.

If these support levels are broken, the long-term upward trend may weaken.

Entry to place an order

Buying plan:

Wait for the price to correct to the support area:

Entry 1: 665 - 670 USDT (0.786 area).

Entry 2: 565 - 570 USDT (0.618 area, if a deeper correction occurs).

Monitor trading volume: If volume increases at support levels, this is a confirmation signal of buying pressure.

Stop Loss:

Set Stop Loss below strong support (490 USDT or lower depending on risk appetite).

Target:

Short-term target: 792 USDT (previous peak).

Long-term target: 823 USDT (Fibonacci extension)
See original
#BitwiseBitcoinETF 1. Short-term trend analysis: Trendline: The chart has a downtrend line, defined by lower highs combined with lower lows. The long-term downtrend line is still dominant. Moving averages (EMA): EMA(7) (yellow) is above EMA(34) (pink), indicating a short-term uptrend is forming. Price is near EMA(7) and EMA(34), but still below EMA(90) (green) and EMA(200) (green). This shows that the market is still in the accumulation or correction phase in the downtrend. Support and resistance levels: Nearest resistance: Zone 738.39 (on the chart). Strong support: Zone 674.16, price is holding firmly above this level. 2. How to trade with the trend: If you want to trade with the short-term trend: Buy (Long): Wait for the price to break and hold above the resistance line of 738.39 with a large trading volume. This is a signal to confirm the reversal of the uptrend. Or wait for the price to adjust to the support zone of 674.16 and bounce back. Set a stop loss below the support level of 674.16. Short: If the price cannot break the resistance of 738.39 and there is a strong bearish signal, you can enter a short order when the price turns around. Or wait for the price to break the support of 674.16 to continue the long-term downtrend. Place stop loss above resistance 738.39 $BNB {future}(BNBUSDT) $BTC {future}(BTCUSDT)
#BitwiseBitcoinETF
1. Short-term trend analysis:

Trendline: The chart has a downtrend line, defined by lower highs combined with lower lows. The long-term downtrend line is still dominant.

Moving averages (EMA):

EMA(7) (yellow) is above EMA(34) (pink), indicating a short-term uptrend is forming.

Price is near EMA(7) and EMA(34), but still below EMA(90) (green) and EMA(200) (green). This shows that the market is still in the accumulation or correction phase in the downtrend.

Support and resistance levels:

Nearest resistance: Zone 738.39 (on the chart).

Strong support: Zone 674.16, price is holding firmly above this level.

2. How to trade with the trend:

If you want to trade with the short-term trend:

Buy (Long):

Wait for the price to break and hold above the resistance line of 738.39 with a large trading volume. This is a signal to confirm the reversal of the uptrend.

Or wait for the price to adjust to the support zone of 674.16 and bounce back.

Set a stop loss below the support level of 674.16.

Short:

If the price cannot break the resistance of 738.39 and there is a strong bearish signal, you can enter a short order when the price turns around.

Or wait for the price to break the support of 674.16 to continue the long-term downtrend.

Place stop loss above resistance 738.39
$BNB
$BTC
--
Bearish
See original
#XmasCryptoMiracles $BTC {future}(BTCUSDT) $BNB {future}(BNBUSDT) $XRP {future}(XRPUSDT) Current trend: The price has reached a peak of 108,353 and is currently declining. The EMA lines (7, 34, 90, 200) indicate that the short-term trend is weakening. Important support level is at 87,545.30. Pattern: The chart suggests a bearish pattern with the expectation that the price will test lower support levels, particularly around 63,769.94 in the medium term. Entry to short position Entry point: If the price breaks 96,440 strongly with high trading volume, you may consider a short entry. Additional confirmation if the price breaks below support 87,545.30. Take profit point: Next support area: 87,545.30. Major target area: 63,769.94. Stop loss: Set a stop loss above the nearest resistance area 107,768.87 to limit risk if the price reverses. Note: Monitor price action and trading volume for confirmation. #BtcNewHolder
#XmasCryptoMiracles $BTC
$BNB
$XRP

Current trend:

The price has reached a peak of 108,353 and is currently declining.

The EMA lines (7, 34, 90, 200) indicate that the short-term trend is weakening.

Important support level is at 87,545.30.

Pattern:

The chart suggests a bearish pattern with the expectation that the price will test lower support levels, particularly around 63,769.94 in the medium term.

Entry to short position

Entry point:

If the price breaks 96,440 strongly with high trading volume, you may consider a short entry.

Additional confirmation if the price breaks below support 87,545.30.

Take profit point:

Next support area: 87,545.30.

Major target area: 63,769.94.

Stop loss:

Set a stop loss above the nearest resistance area 107,768.87 to limit risk if the price reverses.

Note:

Monitor price action and trading volume for confirmation.

#BtcNewHolder
See original
MA200 breakout price is still going down
MA200 breakout price is still going down
BNB Only
--
#XmasCryptoMiracles $BTC $ETH $BNB




Current Price Trend:
Current price is 95,383.50, which is right above the MA200, indicating that the price is trying to maintain an important support zone. If the price breaks below the MA200, it could continue to decline, confirming the long-term downtrend.

Trading Recommendation:

If the price holds above the MA200: This could be a buying opportunity with bullish expectations, the nearest target could be the resistance zone of 98,838.40 or further to 109,245.65. However, it is necessary to place a stop loss just below the MA200 to reduce risk.

If the price breaks below the MA200: This is a sell signal, especially if the candle closes below the MA200. The downside target could be the support zone of 88,431.15 or deeper at 78,023.90.

Additional factors:

Short-term MAs such as EMA7 (yellow) and EMA34 (red) are currently pointing down, signaling increasing selling pressure.

Look at the trading volume (24h volume) to confirm the strength of the trend. If the breakout is accompanied by high volume, the downtrend will be reinforced.

Summary:

Buying strategy: If the price holds above the MA200, buy with a stop loss around 94,000.

Sell strategy: If the price breaks below the MA200, sell and target a deeper decline.
See original
#XmasCryptoMiracles $BTC $ETH $BNB {future}(BTCUSDT) {future}(BNBUSDT) {future}(ETHUSDT) Current Price Trend: Current price is 95,383.50, which is right above the MA200, indicating that the price is trying to maintain an important support zone. If the price breaks below the MA200, it could continue to decline, confirming the long-term downtrend. Trading Recommendation: If the price holds above the MA200: This could be a buying opportunity with bullish expectations, the nearest target could be the resistance zone of 98,838.40 or further to 109,245.65. However, it is necessary to place a stop loss just below the MA200 to reduce risk. If the price breaks below the MA200: This is a sell signal, especially if the candle closes below the MA200. The downside target could be the support zone of 88,431.15 or deeper at 78,023.90. Additional factors: Short-term MAs such as EMA7 (yellow) and EMA34 (red) are currently pointing down, signaling increasing selling pressure. Look at the trading volume (24h volume) to confirm the strength of the trend. If the breakout is accompanied by high volume, the downtrend will be reinforced. Summary: Buying strategy: If the price holds above the MA200, buy with a stop loss around 94,000. Sell strategy: If the price breaks below the MA200, sell and target a deeper decline.
#XmasCryptoMiracles $BTC $ETH $BNB

Current Price Trend:
Current price is 95,383.50, which is right above the MA200, indicating that the price is trying to maintain an important support zone. If the price breaks below the MA200, it could continue to decline, confirming the long-term downtrend.

Trading Recommendation:

If the price holds above the MA200: This could be a buying opportunity with bullish expectations, the nearest target could be the resistance zone of 98,838.40 or further to 109,245.65. However, it is necessary to place a stop loss just below the MA200 to reduce risk.

If the price breaks below the MA200: This is a sell signal, especially if the candle closes below the MA200. The downside target could be the support zone of 88,431.15 or deeper at 78,023.90.

Additional factors:

Short-term MAs such as EMA7 (yellow) and EMA34 (red) are currently pointing down, signaling increasing selling pressure.

Look at the trading volume (24h volume) to confirm the strength of the trend. If the breakout is accompanied by high volume, the downtrend will be reinforced.

Summary:

Buying strategy: If the price holds above the MA200, buy with a stop loss around 94,000.

Sell strategy: If the price breaks below the MA200, sell and target a deeper decline.
Login to explore more contents
Explore the latest crypto news
āš”ļø Be a part of the latests discussions in crypto
šŸ’¬ Interact with your favorite creators
šŸ‘ Enjoy content that interests you
Email / Phone number

Latest News

--
View More

Trending Articles

no name no gin
View More
Sitemap
Cookie Preferences
Platform T&Cs