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@Ahmadjamal
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#ScrollOnBinance #UptoberBTC70K? #XRPDonationsUSElections $DIA
#ScrollOnBinance #UptoberBTC70K? #XRPDonationsUSElections $DIA
🚨🚨Urgent Alert 🚨🚨
🚀 Bitcoin on the Brink: CPI Data Coming Soon! 📊
➡️Bullish Anticipation
The crypto market is buzzing with excitement as investors eagerly await the upcoming CPI data release in the U.S. This critical event is sparking a surge in Bitcoin (BTC) accumulation! With the annual inflation rate forecasted around 2.9% to 3.0%, Bitcoin investors are positioning themselves for a potential price boost or dip depending on the inflation figures.
➡️CPI Data Impact: What to Expect
➖Bullish Scenario: If the inflation rate comes in below 2.9%, Bitcoin could see a bullish reaction, potentially pushing its price higher. Bitcoin is currently trading around $61,000, with key resistance levels at $63,000 and $67,000-$68,300. A successful break above $61,000 could signal a positive trend.
➖Bearish Scenario: Conversely, if inflation exceeds 2.9%, Bitcoin might experience a short-term decline. Support levels are at $60,000, $57,500, and between $56,000-$57,000.
➡️Investor Moves
Large wallet holders and institutional investors are ramping up their BTC accumulation, reflecting strong confidence in Bitcoin's long-term prospects despite economic uncertainties.
➡️Stay Alert!
With volatility high and the CPI data imminent, Bitcoin investors must stay vigilant and be ready to adjust strategies based on the inflation outcome. The next few hours could set the stage for significant price action in the crypto world! 🌟💰$BTC
$ETH
$BNB
#BinanceLaunchpoolTON #CryptoMarketMoves #MarketDownturn #SahmRule #BlackRockETHOptions
🚀 Bitcoin on the Brink: CPI Data Coming Soon! 📊
➡️Bullish Anticipation
The crypto market is buzzing with excitement as investors eagerly await the upcoming CPI data release in the U.S. This critical event is sparking a surge in Bitcoin (BTC) accumulation! With the annual inflation rate forecasted around 2.9% to 3.0%, Bitcoin investors are positioning themselves for a potential price boost or dip depending on the inflation figures.
➡️CPI Data Impact: What to Expect
➖Bullish Scenario: If the inflation rate comes in below 2.9%, Bitcoin could see a bullish reaction, potentially pushing its price higher. Bitcoin is currently trading around $61,000, with key resistance levels at $63,000 and $67,000-$68,300. A successful break above $61,000 could signal a positive trend.
➖Bearish Scenario: Conversely, if inflation exceeds 2.9%, Bitcoin might experience a short-term decline. Support levels are at $60,000, $57,500, and between $56,000-$57,000.
➡️Investor Moves
Large wallet holders and institutional investors are ramping up their BTC accumulation, reflecting strong confidence in Bitcoin's long-term prospects despite economic uncertainties.
➡️Stay Alert!
With volatility high and the CPI data imminent, Bitcoin investors must stay vigilant and be ready to adjust strategies based on the inflation outcome. The next few hours could set the stage for significant price action in the crypto world! 🌟💰$BTC
$ETH
$BNB
#BinanceLaunchpoolTON #CryptoMarketMoves #MarketDownturn #SahmRule #BlackRockETHOptions
So Just remember that 📈$BTC $ETH $BNB #CryptoMarketMoves #WBTCUnderScrutiny #MarketDownturn #SahmRule #BlackRockETHOptions
$BTC Bitcoin's Future - 2
Ok so my Previous post got more than 10k views so here I'm again with detailed information for the next week candle.
So The Price of bitcoin is making some space in 15min chart frame like it needs more space but as we see the weekly candle the pull back is the issue because if the candle closes at the open price of the candle then we'll definitely see a red candle a long one or the short one but if there's a red candle ( the price may go up a little to make a tail ) then down, And If closes green like this one then we'll not see any major price movements it can go up 2-3 % or even 10% but not a huge Parabolic movement will go up then down again but not some huge movements.
And if the Candle closed red the price band around 57k the bears will come to pull it down to a certain level.
So What I think as a trader you should trade triangle Patterns only avoid U patterns in smaller time Frames And Don't take Huge leverages because it's not the time. It'll hit your stop loss or liquidation price for sure.
SO WAIT FOR THE WEEK CANDLE TO CLOSE ENJOY YOUR WEEKEND OPPORTUNITIES WILL BE THERE.
DON'T TRADE IN FOMO. LIKE THIS IS GOING TO HAPPEN. NO IT'LL NOT TRUST THE CHART NOT THE ❤️.
$ETH
$BNB
#TONonBinance #XRPVictory #MarketDownturn #SahmRule #BlackRockETHOptions
Ok so my Previous post got more than 10k views so here I'm again with detailed information for the next week candle.
So The Price of bitcoin is making some space in 15min chart frame like it needs more space but as we see the weekly candle the pull back is the issue because if the candle closes at the open price of the candle then we'll definitely see a red candle a long one or the short one but if there's a red candle ( the price may go up a little to make a tail ) then down, And If closes green like this one then we'll not see any major price movements it can go up 2-3 % or even 10% but not a huge Parabolic movement will go up then down again but not some huge movements.
And if the Candle closed red the price band around 57k the bears will come to pull it down to a certain level.
So What I think as a trader you should trade triangle Patterns only avoid U patterns in smaller time Frames And Don't take Huge leverages because it's not the time. It'll hit your stop loss or liquidation price for sure.
SO WAIT FOR THE WEEK CANDLE TO CLOSE ENJOY YOUR WEEKEND OPPORTUNITIES WILL BE THERE.
DON'T TRADE IN FOMO. LIKE THIS IS GOING TO HAPPEN. NO IT'LL NOT TRUST THE CHART NOT THE ❤️.
$ETH
$BNB
#TONonBinance #XRPVictory #MarketDownturn #SahmRule #BlackRockETHOptions
$BTC
Bitcoin reclaimed the zone and the 200 EMA quickly just as it broke the zone and EMAs. After this long daily candle, some retracement is expected and it's good for the next run too. Since it's trading above the 60k level and the 200 EMA, we might see it retracing to the level or EMA, then starting to bounce towards higher zones.
Otherwise, we might see it at the 57k zone, then running towards the ATH zone. We will try to keep updating accordingly to the situation.
Trade Safe !!! Stay tuned $ETH
$BNB
#TONonBinance #XRPVictory #MarketDownturn #BlackRockETHOptions #Babylon_Mainnet_Launch
Bitcoin reclaimed the zone and the 200 EMA quickly just as it broke the zone and EMAs. After this long daily candle, some retracement is expected and it's good for the next run too. Since it's trading above the 60k level and the 200 EMA, we might see it retracing to the level or EMA, then starting to bounce towards higher zones.
Otherwise, we might see it at the 57k zone, then running towards the ATH zone. We will try to keep updating accordingly to the situation.
Trade Safe !!! Stay tuned $ETH
$BNB
#TONonBinance #XRPVictory #MarketDownturn #BlackRockETHOptions #Babylon_Mainnet_Launch
Why market suddenly climb the top here is the reason 📈🐂
🇷🇺 Russian President Vladimir Putin signed a law legalizing cryptocurrency mining in Russia$BTC
$ETH
$SOL
#TONonBinance #XRPVictory #MarketDownturn #BlackRockETHOptions #Babylon_Mainnet_Launch
🇷🇺 Russian President Vladimir Putin signed a law legalizing cryptocurrency mining in Russia$BTC
$ETH
$SOL
#TONonBinance #XRPVictory #MarketDownturn #BlackRockETHOptions #Babylon_Mainnet_Launch
$FLOKI 🚀 **FLOKI is Gearing Up for a Major Breakout – Don't Miss This Opportunity!** 🚀
Attention, fellow traders! FLOKI is flashing some incredibly bullish signals on the daily chart, and now could be the perfect time to go long before the next big move. Here's why:
**🔍 Technical Breakdown:**
- **Falling Wedge Breakout:** FLOKI has been consolidating within a classic falling wedge pattern, a well-known bullish reversal signal. We've just seen a breakout from this wedge, which often precedes a significant upward surge.
- **Bullish Order Blocks:** Multiple bullish order blocks have been identified along key support zones. These areas are acting as strong foundations, making the probability of a continued upward trajectory very likely.
- **RSI Bullish Divergence:** The RSI indicator is showing a bullish divergence, which typically suggests that the selling pressure is weakening and a rally is on the horizon.
**🎯 Trade Setup:**
- **Take Profit Target:** We're eyeing a substantial upside with a take profit target set at **0.5000**. This level represents a major resistance zone and offers an incredible potential return.
- **Stop Loss:** To manage risk effectively, a stop loss is wisely placed at **0.1000**. This ensures that your downside is protected in case of unexpected market moves.
**🔥 Why Now?**
- FLOKI is positioned at a critical juncture where a powerful upward move is highly probable. The breakout from the falling wedge coupled with strong support levels makes this an ideal entry point for those looking to capitalize on the next bullish wave.
💥 **Get in Now Before the Big Move!** FLOKI is on the verge of a major breakout, and this could be your chance to ride the wave all the way to the top.
As always, make sure to conduct your own research and manage your risk accordingly. Let's make this a profitable trade! 🚀🌕
#TONonBinance #XRPVictory #MarketDownturn #BlackRockETHOptions #Babylon_Mainnet_Launch
Attention, fellow traders! FLOKI is flashing some incredibly bullish signals on the daily chart, and now could be the perfect time to go long before the next big move. Here's why:
**🔍 Technical Breakdown:**
- **Falling Wedge Breakout:** FLOKI has been consolidating within a classic falling wedge pattern, a well-known bullish reversal signal. We've just seen a breakout from this wedge, which often precedes a significant upward surge.
- **Bullish Order Blocks:** Multiple bullish order blocks have been identified along key support zones. These areas are acting as strong foundations, making the probability of a continued upward trajectory very likely.
- **RSI Bullish Divergence:** The RSI indicator is showing a bullish divergence, which typically suggests that the selling pressure is weakening and a rally is on the horizon.
**🎯 Trade Setup:**
- **Take Profit Target:** We're eyeing a substantial upside with a take profit target set at **0.5000**. This level represents a major resistance zone and offers an incredible potential return.
- **Stop Loss:** To manage risk effectively, a stop loss is wisely placed at **0.1000**. This ensures that your downside is protected in case of unexpected market moves.
**🔥 Why Now?**
- FLOKI is positioned at a critical juncture where a powerful upward move is highly probable. The breakout from the falling wedge coupled with strong support levels makes this an ideal entry point for those looking to capitalize on the next bullish wave.
💥 **Get in Now Before the Big Move!** FLOKI is on the verge of a major breakout, and this could be your chance to ride the wave all the way to the top.
As always, make sure to conduct your own research and manage your risk accordingly. Let's make this a profitable trade! 🚀🌕
#TONonBinance #XRPVictory #MarketDownturn #BlackRockETHOptions #Babylon_Mainnet_Launch
$BTC Urgent Urgent Urgent!!!!!
Bitcoin Update !!!!
The current price of Bitcoin is around $57,700, and the next resistance for Bitcoin is at $59,400. Until Bitcoin doesn't give a daily closing above $60,000, we are not looking at higher targets. Bitcoin could potentially reverse again from $58,200, and my target of $44,000 is still pending. whats Your Opinion Comment Down
$ETH
$SOL
#TONonBinance #XRPVictory #MarketDownturn #BlackRockETHOptions #Babylon_Mainnet_Launch
Bitcoin Update !!!!
The current price of Bitcoin is around $57,700, and the next resistance for Bitcoin is at $59,400. Until Bitcoin doesn't give a daily closing above $60,000, we are not looking at higher targets. Bitcoin could potentially reverse again from $58,200, and my target of $44,000 is still pending. whats Your Opinion Comment Down
$ETH
$SOL
#TONonBinance #XRPVictory #MarketDownturn #BlackRockETHOptions #Babylon_Mainnet_Launch
💹💥💹Leverage in Crypto Trading: Main Purpose_$BNB $SOL $FDUSD
FDUSD
0.9991
+0.09%
SOL
151.65
+7.82%
BNB
490.5
+0.18%
The main purpose of leverage in crypto trading is to:
1. *Amplify Potential Gains*: Leverage allows traders to control larger positions with a smaller amount of capital, potentially increasing their profits.
2. *Increase Buying Power*: Leverage enables traders to buy more cryptocurrency than they could with their initial capital alone.
3. *Enhance Market Exposure*: Leverage allows traders to participate in the market with a larger position, making their trades more impactful.
4. *Flexibility*: Leverage provides traders with the flexibility to adjust their position size according to market conditions.
5. *Risk Management*: Leverage can be used to hedge against potential losses or to speculate on price movements.
However, it's important to remember that:
- *Leverage Increases Risk*: Amplified gains come with amplified losses, making leverage a double-edged sword.
- *Margin Calls*: Traders must maintain a minimum balance (margin) to avoid forced liquidation.
- *Liquidation Risk*: If the market moves against a leveraged position, it may be liquidated, resulting in significant losses.
Traders should use leverage judiciously, understanding the risks and rewards, and implementing proper risk management strategies.$BTC $ETH $BNB #BlackRockETHOptions #RoninBridgeAlert #MarketDownturn #Babylon_Mainnet_Launch #BinanceHODLerBANANA
FDUSD
0.9991
+0.09%
SOL
151.65
+7.82%
BNB
490.5
+0.18%
The main purpose of leverage in crypto trading is to:
1. *Amplify Potential Gains*: Leverage allows traders to control larger positions with a smaller amount of capital, potentially increasing their profits.
2. *Increase Buying Power*: Leverage enables traders to buy more cryptocurrency than they could with their initial capital alone.
3. *Enhance Market Exposure*: Leverage allows traders to participate in the market with a larger position, making their trades more impactful.
4. *Flexibility*: Leverage provides traders with the flexibility to adjust their position size according to market conditions.
5. *Risk Management*: Leverage can be used to hedge against potential losses or to speculate on price movements.
However, it's important to remember that:
- *Leverage Increases Risk*: Amplified gains come with amplified losses, making leverage a double-edged sword.
- *Margin Calls*: Traders must maintain a minimum balance (margin) to avoid forced liquidation.
- *Liquidation Risk*: If the market moves against a leveraged position, it may be liquidated, resulting in significant losses.
Traders should use leverage judiciously, understanding the risks and rewards, and implementing proper risk management strategies.$BTC $ETH $BNB #BlackRockETHOptions #RoninBridgeAlert #MarketDownturn #Babylon_Mainnet_Launch #BinanceHODLerBANANA
🚨🚨Bullish Monday Alert!🚨🚨
Bitcoin is reaching new heights, hitting $72-73K before pulling back to $68K or $65K. This movement is remarkable, especially pre-halving. Even with the retrace, the market sentiment remains strongly bullish. Expect a Bullish Monday, Bullish Tuesday, and Bullish Wednesday—Thursday is a bit uncertain.
Here's my plan: I'll be trading meme coins over the next three days. The strategy is to make quick profits and exit without holding for long.
If you're up for the ride and want to join me in trading meme coins, just comment "play" below. Let's take advantage of this bullish wave together!
#Write2Earn! #CPI_BTC_Watch #Ethereum_ETFs_Expected_Date #BinanceTurns7 $BTC
$ETH
$BNB
Bitcoin is reaching new heights, hitting $72-73K before pulling back to $68K or $65K. This movement is remarkable, especially pre-halving. Even with the retrace, the market sentiment remains strongly bullish. Expect a Bullish Monday, Bullish Tuesday, and Bullish Wednesday—Thursday is a bit uncertain.
Here's my plan: I'll be trading meme coins over the next three days. The strategy is to make quick profits and exit without holding for long.
If you're up for the ride and want to join me in trading meme coins, just comment "play" below. Let's take advantage of this bullish wave together!
#Write2Earn! #CPI_BTC_Watch #Ethereum_ETFs_Expected_Date #BinanceTurns7 $BTC
$ETH
$BNB
CLAIM YOUR FREE USDT TOKEN HERE 🎉🎉 BPKTSBSL7K https://s.binance.com/T63eIXga
claim free USDT token now
join now don't miss👉if link is not working for you just simply copy the link and open it in your browser.The Red packet campaign is a way for you and your friends to get free crypto.🎉🎉 especially for those who are roaming for free crypto from binance always😅
How to participate:
👉1) you need to press the binance pay icon to see the red packet campaign 1(red packet giveaway).
👉2) then share your link with friends and when they claim their red packet reward, you also get a reward so share it as much as you can to earn more.
📢📢🔥Guess what there’s still an opportunity to even get up another 50 usdt.so what are you waiting for😅🤔you can invite it to your friends so they can claim to and you will get 1 extra box when you invite someone.and you can earn up to 1000$ #CPI_BTC_Watch #Ethereum_ETFs_Expected_Date #BinanceTurns7 #SOFR_Spike #US_Job_Market_Slowdown $BTC $ETH $BNB
claim free USDT token now
join now don't miss👉if link is not working for you just simply copy the link and open it in your browser.The Red packet campaign is a way for you and your friends to get free crypto.🎉🎉 especially for those who are roaming for free crypto from binance always😅
How to participate:
👉1) you need to press the binance pay icon to see the red packet campaign 1(red packet giveaway).
👉2) then share your link with friends and when they claim their red packet reward, you also get a reward so share it as much as you can to earn more.
📢📢🔥Guess what there’s still an opportunity to even get up another 50 usdt.so what are you waiting for😅🤔you can invite it to your friends so they can claim to and you will get 1 extra box when you invite someone.and you can earn up to 1000$ #CPI_BTC_Watch #Ethereum_ETFs_Expected_Date #BinanceTurns7 #SOFR_Spike #US_Job_Market_Slowdown $BTC $ETH $BNB
BUY BTC
PRICE ENTRY: 66000 / 67000
Tp 1: 67500
Tp 2: 68000
Tp 3: 69000
Tp 4: 70000
CURRENT PRICE: 67600..wait for a retracement back to the entry price or you set your BUY ORDER
Sl: 65000 don’t over leverage be patient $BTC
$ETH
$BNB
#IOprediction #Binance200M #TopCoinsJune2024
PRICE ENTRY: 66000 / 67000
Tp 1: 67500
Tp 2: 68000
Tp 3: 69000
Tp 4: 70000
CURRENT PRICE: 67600..wait for a retracement back to the entry price or you set your BUY ORDER
Sl: 65000 don’t over leverage be patient $BTC
$ETH
$BNB
#IOprediction #Binance200M #TopCoinsJune2024
I told you guys before that bearish is coming on June 7 see now $BNB $ETH $BTC
#IOprediction #Binance200M #TopCoinsJune2024 #ETHETFsApproved
#IOprediction #Binance200M #TopCoinsJune2024 #ETHETFsApproved
$BNB bearish is coming
BTC USD
long Buy. Leverage 20x
Entry 65500 - 67000
Targets
1: 68000
2: 68500
4: 69000
5: 70000
StopLoss 64000
Use proper risk management, don't overlaverage
Goodluck. $BTC
$ETH
$BNB
#IOprediction #Binance200M #TopCoinsJune2024 #ETHETFsApproved #FIT21
long Buy. Leverage 20x
Entry 65500 - 67000
Targets
1: 68000
2: 68500
4: 69000
5: 70000
StopLoss 64000
Use proper risk management, don't overlaverage
Goodluck. $BTC
$ETH
$BNB
#IOprediction #Binance200M #TopCoinsJune2024 #ETHETFsApproved #FIT21
$NOT
"Notcoin (NOT) Price Prediction: Will NOT Break Out of the 67% Bullish Uptrend Pattern?
The cryptocurrency market has seen a significant drop, with Notcoin (NOT) falling by 7% in the last 24 hours. However, despite this decline, a bullish trend has emerged on the charts, suggesting that NOT prices may rise soon. A well-known cryptocurrency analyst, Captain Faibik, has identified this bullish formation, indicating a promising future for Notcoin."$BTC #IOprediction #Binance200M #TopCoinsJune2024
"Notcoin (NOT) Price Prediction: Will NOT Break Out of the 67% Bullish Uptrend Pattern?
The cryptocurrency market has seen a significant drop, with Notcoin (NOT) falling by 7% in the last 24 hours. However, despite this decline, a bullish trend has emerged on the charts, suggesting that NOT prices may rise soon. A well-known cryptocurrency analyst, Captain Faibik, has identified this bullish formation, indicating a promising future for Notcoin."$BTC #IOprediction #Binance200M #TopCoinsJune2024
🚨 Bitcoin Crash Alert! 🚨
Good day, Traders!
Today, we are anticipating a constant crash in Bitcoin's price. Based on our comprehensive market analysis, several critical factors are pointing towards a significant downturn. Stay vigilant and be prepared to act swiftly.
🔍 Technical Analysis:
- Support Levels: Currently breaking through key support levels, indicating a downward trajectory.
- Resistance Levels: No immediate resistance in sight, suggesting further drops are possible.
- Candlestick Patterns: Bearish patterns forming, signaling a strong sell-off.
📉 Market News:
- Recent Developments: Negative news and regulatory pressures are contributing to the bearish sentiment.
- Investor Sentiment: High levels of fear and uncertainty are driving massive sell-offs.
📊 Fundamental Analysis:
- Economic Indicators: Weak economic data is adding to the downward pressure.
- **Market Volatility:** Increased volatility is expected, making it crucial to monitor the market closely.
💡 Action Plan:
- Stop-Loss Orders: Ensure you have stop-loss orders in place to protect your investments.
- Hedge Positions: Consider hedging your positions to mitigate potential losses.
Remember, this is not financial advice. Always do your own research before making any trading decisions.
Stay safe and trade wisely,
GoldenLion VIP$BTC $ETH $BNB #BnbAth #btc70k #StartInvestingInCrypto #ETHETFsApproved
Good day, Traders!
Today, we are anticipating a constant crash in Bitcoin's price. Based on our comprehensive market analysis, several critical factors are pointing towards a significant downturn. Stay vigilant and be prepared to act swiftly.
🔍 Technical Analysis:
- Support Levels: Currently breaking through key support levels, indicating a downward trajectory.
- Resistance Levels: No immediate resistance in sight, suggesting further drops are possible.
- Candlestick Patterns: Bearish patterns forming, signaling a strong sell-off.
📉 Market News:
- Recent Developments: Negative news and regulatory pressures are contributing to the bearish sentiment.
- Investor Sentiment: High levels of fear and uncertainty are driving massive sell-offs.
📊 Fundamental Analysis:
- Economic Indicators: Weak economic data is adding to the downward pressure.
- **Market Volatility:** Increased volatility is expected, making it crucial to monitor the market closely.
💡 Action Plan:
- Stop-Loss Orders: Ensure you have stop-loss orders in place to protect your investments.
- Hedge Positions: Consider hedging your positions to mitigate potential losses.
Remember, this is not financial advice. Always do your own research before making any trading decisions.
Stay safe and trade wisely,
GoldenLion VIP$BTC $ETH $BNB #BnbAth #btc70k #StartInvestingInCrypto #ETHETFsApproved
🚨 BNB Breaks 660 USDT: On Path to All-Time High? 🚨
Binance Coin (BNB) has surged past the 660 USDT mark. Let's dive into the key indicators to determine if it's poised to break the all-time high.
🔍 Key Observations:
All-Time High (ATH): 691.8 USDT
Major Support Levels:
mVAL: 602.0 USDT
Mid: 640.0 USDT
Volume Profile:
Point of Control (POC): High trading activity around the 620 USDT level
Relative Strength Index (RSI): 81.32, indicating overbought conditions
📈 Price Action Analysis:
BNB has shown strong bullish momentum, breaking past the 660 USDT resistance.
The next significant resistance level is the ATH at 691.8 USDT.
With RSI in the overbought territory, a pullback could occur before attempting to breach the ATH.
🚀 Potential Scenarios:
Bullish Continuation: If buying pressure sustains, BNB could aim for the ATH and potentially form new highs.
Short-term Correction: Overbought RSI may lead to a correction towards the 640 USDT support before resuming upward.
💡 Trading Strategy:
For Long Positions: Consider entering on dips near 640 USDT with targets around ATH.
For Caution: Monitor RSI for signs of reversal or consolidation. I shorted bnb at 670
🔥 Community Engagement:
What’s your take on BNB’s potential to hit new highs? Comment below!
Like, share, and tip if you found this analysis helpful!#BNBCrossing660 #btc70k #StartInvestingInCrypto #ETHETFsApproved $BTC $ETH $BNB
Binance Coin (BNB) has surged past the 660 USDT mark. Let's dive into the key indicators to determine if it's poised to break the all-time high.
🔍 Key Observations:
All-Time High (ATH): 691.8 USDT
Major Support Levels:
mVAL: 602.0 USDT
Mid: 640.0 USDT
Volume Profile:
Point of Control (POC): High trading activity around the 620 USDT level
Relative Strength Index (RSI): 81.32, indicating overbought conditions
📈 Price Action Analysis:
BNB has shown strong bullish momentum, breaking past the 660 USDT resistance.
The next significant resistance level is the ATH at 691.8 USDT.
With RSI in the overbought territory, a pullback could occur before attempting to breach the ATH.
🚀 Potential Scenarios:
Bullish Continuation: If buying pressure sustains, BNB could aim for the ATH and potentially form new highs.
Short-term Correction: Overbought RSI may lead to a correction towards the 640 USDT support before resuming upward.
💡 Trading Strategy:
For Long Positions: Consider entering on dips near 640 USDT with targets around ATH.
For Caution: Monitor RSI for signs of reversal or consolidation. I shorted bnb at 670
🔥 Community Engagement:
What’s your take on BNB’s potential to hit new highs? Comment below!
Like, share, and tip if you found this analysis helpful!#BNBCrossing660 #btc70k #StartInvestingInCrypto #ETHETFsApproved $BTC $ETH $BNB
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