BNB Only
@HUTMO
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#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
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
See original
#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
$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
#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.
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
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.
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
#ReboundRally
Support and Resistance Analysis
Nearest Support:
EMA(200) at 680 and EMA(365) at 657.72.
Nearest Resistance:
Recent high at 717.11.
If this level is broken, the uptrend may continue.
How to enter orders according to the trend
Buy Order (Long):
Scenario 1: Wait for the price to break the resistance level of 717.11 and close a candle above this zone. Place a buy order with a higher target (e.g., 740).
Scenario 2: If the price adjusts to support zones such as 680, wait for a rebound signal (strong green candle or other indicators) to enter the order.
Stop Loss:
Set the stop loss below the nearest support area, such as 675.
Sell Order (Short):
Only consider when the price strongly breaks below 680 and the EMA starts to slope downwards.
$BNB
Support and Resistance Analysis
Nearest Support:
EMA(200) at 680 and EMA(365) at 657.72.
Nearest Resistance:
Recent high at 717.11.
If this level is broken, the uptrend may continue.
How to enter orders according to the trend
Buy Order (Long):
Scenario 1: Wait for the price to break the resistance level of 717.11 and close a candle above this zone. Place a buy order with a higher target (e.g., 740).
Scenario 2: If the price adjusts to support zones such as 680, wait for a rebound signal (strong green candle or other indicators) to enter the order.
Stop Loss:
Set the stop loss below the nearest support area, such as 675.
Sell Order (Short):
Only consider when the price strongly breaks below 680 and the EMA starts to slope downwards.
$BNB
See original
$BTC
1. Current trend: Downtrend (decrease)
The price is below important MA lines (MA7, MA30), confirming that the downtrend continues to dominate.
2. Short trading plan:
Entry:
Good entry: Wait for the price to pull back to the resistance area of 96,700 - 98,200 (MA7 and MA30). This is a price range likely to be rejected.
If there is a bearish reversal candle signal in this area (such as a Doji, Shooting Star), a Short trade can be entered.
Stop Loss:
Set the stop loss above the nearest strong resistance area, around 99,000 - 100,000, depending on risk tolerance.
Take Profit:
Take profit targets:
Target 1: 92,500 (recent low, short-term support).
Target 2: 72,140 (stronger support in a larger timeframe).
Target 3: 52,700 (deep support, if the downtrend is stronger).
3. Risk:Reward ratio:
If entering a Short position at 96,700, with a stop loss at 99,000, the first target is 92,500:
Risk: 2,300 USD.
Profit: 4,200 USD.
=> R:R ratio is approximately 1:1.8.
#MarketRebound #btcdump
1. Current trend: Downtrend (decrease)
The price is below important MA lines (MA7, MA30), confirming that the downtrend continues to dominate.
2. Short trading plan:
Entry:
Good entry: Wait for the price to pull back to the resistance area of 96,700 - 98,200 (MA7 and MA30). This is a price range likely to be rejected.
If there is a bearish reversal candle signal in this area (such as a Doji, Shooting Star), a Short trade can be entered.
Stop Loss:
Set the stop loss above the nearest strong resistance area, around 99,000 - 100,000, depending on risk tolerance.
Take Profit:
Take profit targets:
Target 1: 92,500 (recent low, short-term support).
Target 2: 72,140 (stronger support in a larger timeframe).
Target 3: 52,700 (deep support, if the downtrend is stronger).
3. Risk:Reward ratio:
If entering a Short position at 96,700, with a stop loss at 99,000, the first target is 92,500:
Risk: 2,300 USD.
Profit: 4,200 USD.
=> R:R ratio is approximately 1:1.8.
#MarketRebound #btcdump
See original
To determine the entry with a high winning rate from the chart you provide, pay attention to the following factors:
Identify the support and resistance zones:
The current price is 95,381.43 USDT, near the support zone of 89,557.88.
If the price breaks below the support, a sell order can be considered. Conversely, if the price holds the support and there is a reversal signal, a buy order can be entered.
Trend lines and price patterns:
The chart shows a short-term bearish pattern (downward blue line).
Wait for the price to retest the resistance or support zone to enter the order.
EMA (Moving Average):
EMA(7) and EMA(34) are near the current price, so wait for confirmation whether the price cuts down or bounces up from these lines.
If EMA(7) cuts down to EMA(34), the sell signal may be stronger.
Entry Strategy:
For buy orders: Wait for the price to hold support (89,557.88) and a reversal candlestick pattern (like Pin Bar, Doji) appears.
For sell orders: Wait for the price to break support or retest resistance at 96,011.18 and continue to decline.
Combine these signals with trading volume and other signals to increase accuracy. If you need more instructions, please share more details!
$BTC
#ChristmasMarketAnalysis
Identify the support and resistance zones:
The current price is 95,381.43 USDT, near the support zone of 89,557.88.
If the price breaks below the support, a sell order can be considered. Conversely, if the price holds the support and there is a reversal signal, a buy order can be entered.
Trend lines and price patterns:
The chart shows a short-term bearish pattern (downward blue line).
Wait for the price to retest the resistance or support zone to enter the order.
EMA (Moving Average):
EMA(7) and EMA(34) are near the current price, so wait for confirmation whether the price cuts down or bounces up from these lines.
If EMA(7) cuts down to EMA(34), the sell signal may be stronger.
Entry Strategy:
For buy orders: Wait for the price to hold support (89,557.88) and a reversal candlestick pattern (like Pin Bar, Doji) appears.
For sell orders: Wait for the price to break support or retest resistance at 96,011.18 and continue to decline.
Combine these signals with trading volume and other signals to increase accuracy. If you need more instructions, please share more details!
$BTC
#ChristmasMarketAnalysis
See original
Short-term trend: There are positive signs, the price is moving above the EMA 7, 20, 50.
* Support zone: The area around 650 - 660 USD can act as strong support in the short term.
* Resistance zone: The area around 670 - 680 USD can be the next barrier to overcome.
Trading suggestions:
1. For short-term traders:
* Buy: You can consider opening a buy position when the price breaks and closes above 670 USD, placing a stop loss below the nearest support zone.
* Sell: If the price suddenly drops below 650 USD, you can consider opening a sell position, placing a stop loss above the nearest high.
2. For medium-term traders:
* Hold: If you already have a buy position, you can keep it and adjust the stop loss according to the trend.
* Accumulate: If you do not have a position, you can consider buying gradually when the price adjusts to the support zone.
#BTCOutlook $BNB
* Support zone: The area around 650 - 660 USD can act as strong support in the short term.
* Resistance zone: The area around 670 - 680 USD can be the next barrier to overcome.
Trading suggestions:
1. For short-term traders:
* Buy: You can consider opening a buy position when the price breaks and closes above 670 USD, placing a stop loss below the nearest support zone.
* Sell: If the price suddenly drops below 650 USD, you can consider opening a sell position, placing a stop loss above the nearest high.
2. For medium-term traders:
* Hold: If you already have a buy position, you can keep it and adjust the stop loss according to the trend.
* Accumulate: If you do not have a position, you can consider buying gradually when the price adjusts to the support zone.
#BTCOutlook $BNB
See original
#MarketPullback
1. Identify the trend
Overall trend: The current price is in a downtrend as the main trendline (blue line) is moving downwards.
Short-term signal: The price has recovered after hitting the support level near 90,500 USDT and is testing the resistance area around 98,546 - 99,600 USDT.
2. Bollinger Bands tool
Bollinger Bands (yellow and purple lines) indicate that the price is recovering towards the middle level (MA 20 line, pink). This signals that buying pressure is increasing but still remains in the lower band, not breaking through strong resistance.
The upper band (105,768) and lower band (93,432) can serve as the next support and resistance levels.
3. How to trade according to the trend
a. Trade in a downtrend (current):
Selling strategy:
When the price touches the resistance trendline or the upper band of Bollinger Bands (near 103,188 USDT).
Set a stop loss above the resistance line (~105,000 USDT).
Take profit at the next support area (~96,400 or 93,500 USDT).
b. Counter-trend trading (price pullback):
Buying strategy:
When the price breaks the trendline or the area of 100,000 USDT with high volume.
Set a stop loss below 98,500 USDT.
Take profit at the next resistance area (~105,000 or 108,000 USDT).
4. Important notes
Always check additional trading volume to confirm signals.
Use RSI or MACD indicators to find suitable entry/exit points.
Tightly manage risk, do not risk more than 2% of capital for each trade.
$BTC $BNB
1. Identify the trend
Overall trend: The current price is in a downtrend as the main trendline (blue line) is moving downwards.
Short-term signal: The price has recovered after hitting the support level near 90,500 USDT and is testing the resistance area around 98,546 - 99,600 USDT.
2. Bollinger Bands tool
Bollinger Bands (yellow and purple lines) indicate that the price is recovering towards the middle level (MA 20 line, pink). This signals that buying pressure is increasing but still remains in the lower band, not breaking through strong resistance.
The upper band (105,768) and lower band (93,432) can serve as the next support and resistance levels.
3. How to trade according to the trend
a. Trade in a downtrend (current):
Selling strategy:
When the price touches the resistance trendline or the upper band of Bollinger Bands (near 103,188 USDT).
Set a stop loss above the resistance line (~105,000 USDT).
Take profit at the next support area (~96,400 or 93,500 USDT).
b. Counter-trend trading (price pullback):
Buying strategy:
When the price breaks the trendline or the area of 100,000 USDT with high volume.
Set a stop loss below 98,500 USDT.
Take profit at the next resistance area (~105,000 or 108,000 USDT).
4. Important notes
Always check additional trading volume to confirm signals.
Use RSI or MACD indicators to find suitable entry/exit points.
Tightly manage risk, do not risk more than 2% of capital for each trade.
$BTC $BNB
See original
$BTC $BNB #BTCNextMove #BinanceSeason
1. Determine the price trend:
The current overall trend is bearish (based on the price line creating lower highs and showing signs of breaking the nearest support).
Important resistance area: 108,353.00 (previous high).
Important support area: 85,666.44 (nearest horizontal support) and 60,012.23 (further support level, in case the price breaks).
2. Consider moving averages (MA):
MA(7), MA(30), MA(90), MA(200) indicate that the current price is crossing below MA(7) and MA(30), further confirming bearish momentum.
MA(200) (green area) is far below indicating that the long-term uptrend is still intact, but the short-term is adjusting.
3. Entry points:
Trading in a bearish trend (Short):
Entry point: If the price breaks the support area of 85,666.44, you can enter a sell (short) position.
Stop loss: Set at the area of 96,824.74 or the nearest high.
Take profit: Area of 60,012.23 or further at 49,000.00.
Trading in a bullish trend (Long):
Entry point: If the price bounces up from the area of 85,666.44 with a bullish signal (reversal candle or bullish pattern).
Stop loss: Set at the area of 83,000 (below support).
Take profit: Return to the resistance area at 108,353.00.
1. Determine the price trend:
The current overall trend is bearish (based on the price line creating lower highs and showing signs of breaking the nearest support).
Important resistance area: 108,353.00 (previous high).
Important support area: 85,666.44 (nearest horizontal support) and 60,012.23 (further support level, in case the price breaks).
2. Consider moving averages (MA):
MA(7), MA(30), MA(90), MA(200) indicate that the current price is crossing below MA(7) and MA(30), further confirming bearish momentum.
MA(200) (green area) is far below indicating that the long-term uptrend is still intact, but the short-term is adjusting.
3. Entry points:
Trading in a bearish trend (Short):
Entry point: If the price breaks the support area of 85,666.44, you can enter a sell (short) position.
Stop loss: Set at the area of 96,824.74 or the nearest high.
Take profit: Area of 60,012.23 or further at 49,000.00.
Trading in a bullish trend (Long):
Entry point: If the price bounces up from the area of 85,666.44 with a bullish signal (reversal candle or bullish pattern).
Stop loss: Set at the area of 83,000 (below support).
Take profit: Return to the resistance area at 108,353.00.
See original
$BTC $BNB #BinanceSeason #BTCdump
1. Identify the main trend:
Looking at the chart, the current trend is down (price breaks below the uptrend line and falls below the EMA/Bollinger Bands).
The current price is below the average of the Bollinger Bands, confirming bearish pressure.
2. Entry points:
Sell order (short):
Wait for the price to retrace up close to the resistance line (around 101,752 or the upper Bollinger Bands).
Confirm with a bearish reversal candle (e.g., a Pin Bar or Doji near resistance).
Buy order (long):
Only enter if the price clearly breaks the resistance at 108,353 and closes the candle above this level.
At that point, an upward trend will be confirmed.
3. Stop Loss:
Set the stop loss just above the resistance level or below the support area (for buy orders, support is around 94,169).
For sell orders, the stop loss can be placed above the nearest peak.
4. Take Profit:
Identify the nearest support/resistance areas.
For sell orders, the near target is the support area around 94,169 or deeper at 86,587.
For buy orders, the target is the upper Bollinger Bands or a higher resistance level.
1. Identify the main trend:
Looking at the chart, the current trend is down (price breaks below the uptrend line and falls below the EMA/Bollinger Bands).
The current price is below the average of the Bollinger Bands, confirming bearish pressure.
2. Entry points:
Sell order (short):
Wait for the price to retrace up close to the resistance line (around 101,752 or the upper Bollinger Bands).
Confirm with a bearish reversal candle (e.g., a Pin Bar or Doji near resistance).
Buy order (long):
Only enter if the price clearly breaks the resistance at 108,353 and closes the candle above this level.
At that point, an upward trend will be confirmed.
3. Stop Loss:
Set the stop loss just above the resistance level or below the support area (for buy orders, support is around 94,169).
For sell orders, the stop loss can be placed above the nearest peak.
4. Take Profit:
Identify the nearest support/resistance areas.
For sell orders, the near target is the support area around 94,169 or deeper at 86,587.
For buy orders, the target is the upper Bollinger Bands or a higher resistance level.
See original
1.$BTC $BNB
Current price trend:
BTC/USDT is sharply declining from the peak level of 108,353 and the current price is 104,009.
The price has broken below the Bollinger Bands (upper band) and is trending towards the middle band (MB) or lower.
The resistance line (green diagonal line) also indicates that the price has been rejected at a strong resistance area.
2. Bollinger Bands:
The middle band (MB) is around 104,860, and the price is trading below this level. This indicates strong selling pressure.
The lower band (DN) near 101,430 suggests that the price may continue to decline to test the support area.
3. Resistance and support:
Resistance: Area 108,353.
Support: Area near 102,700 and possibly deeper around 96,153.
4. Candle signals:
The recent long red candles indicate overwhelming selling pressure, combined with the price breaking down through the rising trend line.
Conclusion:
Current trend: Bearish.
If the price does not recover strongly and continues to move below the middle Bollinger Bands, there is a high possibility of testing the support near 102,700 again.
Recommended strategy: Short in the short term with a price target for lower support around 102,000 - 101,500.
Set stop-loss above the area of 104,860 to manage risk.
Current price trend:
BTC/USDT is sharply declining from the peak level of 108,353 and the current price is 104,009.
The price has broken below the Bollinger Bands (upper band) and is trending towards the middle band (MB) or lower.
The resistance line (green diagonal line) also indicates that the price has been rejected at a strong resistance area.
2. Bollinger Bands:
The middle band (MB) is around 104,860, and the price is trading below this level. This indicates strong selling pressure.
The lower band (DN) near 101,430 suggests that the price may continue to decline to test the support area.
3. Resistance and support:
Resistance: Area 108,353.
Support: Area near 102,700 and possibly deeper around 96,153.
4. Candle signals:
The recent long red candles indicate overwhelming selling pressure, combined with the price breaking down through the rising trend line.
Conclusion:
Current trend: Bearish.
If the price does not recover strongly and continues to move below the middle Bollinger Bands, there is a high possibility of testing the support near 102,700 again.
Recommended strategy: Short in the short term with a price target for lower support around 102,000 - 101,500.
Set stop-loss above the area of 104,860 to manage risk.
See original
#CryptoUsersHit18M $BNB
Fibonacci Retracement
The chart shows that the price is fluctuating near the Fibonacci level 0.786 (~665.70).
If the price fails to break this level and shows strong signs of decline, the likelihood of returning to lower levels such as 0.618 (565.88) or 0.5 (495.77) is high.
2. Resistance and Support
Strong resistance level: Near the area of 793.86 (the highest peak in the chart).
Important support: The level of 606.44 and then 565.88 (Fibonacci level 0.618).
If the price drops from the level of 719.73 and fails to maintain above the area of 665.70, this could signal a short-term downtrend, suitable for a short strategy.
3. MA (Moving Average)
The current price is above the MA(7), MA(30), and MA(90) lines, indicating an uptrend in the short term. However:
If the price cuts below the MA(7) (~677.50) or MA(30) (~592.16), this will be a strong sell (short) signal.
4. Market Trend
The chart simulates Elliott waves with the potential to form subsequent peaks and troughs.
If the price reaches a peak near 793.86 and then turns down, you may consider a short point.
Conclusion:
Carefully observe the price range 665.70 - 793.86.
Confirm the downtrend with strong red candles or breaking through support lines.
Potential short targets are 606.44
Fibonacci Retracement
The chart shows that the price is fluctuating near the Fibonacci level 0.786 (~665.70).
If the price fails to break this level and shows strong signs of decline, the likelihood of returning to lower levels such as 0.618 (565.88) or 0.5 (495.77) is high.
2. Resistance and Support
Strong resistance level: Near the area of 793.86 (the highest peak in the chart).
Important support: The level of 606.44 and then 565.88 (Fibonacci level 0.618).
If the price drops from the level of 719.73 and fails to maintain above the area of 665.70, this could signal a short-term downtrend, suitable for a short strategy.
3. MA (Moving Average)
The current price is above the MA(7), MA(30), and MA(90) lines, indicating an uptrend in the short term. However:
If the price cuts below the MA(7) (~677.50) or MA(30) (~592.16), this will be a strong sell (short) signal.
4. Market Trend
The chart simulates Elliott waves with the potential to form subsequent peaks and troughs.
If the price reaches a peak near 793.86 and then turns down, you may consider a short point.
Conclusion:
Carefully observe the price range 665.70 - 793.86.
Confirm the downtrend with strong red candles or breaking through support lines.
Potential short targets are 606.44
See original
Current BTC/USDT price: 106,812.00 USDT
Price change in 24 hours: -0.01%
Highest price in 24 hours: 107,793.07 USDT
Lowest price in 24 hours: 103,333.00 USDT
Trading volume in 24 hours:
BTC: 36,071.91
USDT: 3.82 billion
Parabolic SAR indicator (yellow, specified as SAR(0.02, 0.2)):
Current SAR value is 92,311.47 USDT.
Important price levels on the chart:
Nearest resistance level: 107,793.07 USDT
Support levels: 90,299.43 USDT, 70,043.64 USDT, and 49,787.84 USDT
Price trend: The candlestick chart shows a clear upward trend in recent times, with BTC price nearing the peak of 110,555.23 USDT before a slight correction.
Conclusion:
The main trend remains upward.
Price is approaching resistance, but there are no clear signs of reversal yet.
Strategy:
Long when the price breaks through the resistance level of 107,793.07 USDT with high volume.
Set stop-loss below the area of 106,000 USDT to manage risk.
$BTC
$BNB
#BinanceSeason #BTC
Price change in 24 hours: -0.01%
Highest price in 24 hours: 107,793.07 USDT
Lowest price in 24 hours: 103,333.00 USDT
Trading volume in 24 hours:
BTC: 36,071.91
USDT: 3.82 billion
Parabolic SAR indicator (yellow, specified as SAR(0.02, 0.2)):
Current SAR value is 92,311.47 USDT.
Important price levels on the chart:
Nearest resistance level: 107,793.07 USDT
Support levels: 90,299.43 USDT, 70,043.64 USDT, and 49,787.84 USDT
Price trend: The candlestick chart shows a clear upward trend in recent times, with BTC price nearing the peak of 110,555.23 USDT before a slight correction.
Conclusion:
The main trend remains upward.
Price is approaching resistance, but there are no clear signs of reversal yet.
Strategy:
Long when the price breaks through the resistance level of 107,793.07 USDT with high volume.
Set stop-loss below the area of 106,000 USDT to manage risk.
$BTC
$BNB
#BinanceSeason #BTC
See original
1. Buy Point (Long Entry)
Reasonable buy area: 103,500 - 104,000 USD, near the MA(7) line to optimize risk and profit.
Stoploss: 101,500 USD (below MA(30) to avoid breaking short-term support).
Target (Take Profit):
Near target: 106,650 USD (previous peak).
Far target: 108,740 USD (upper resistance zone of the rising price channel).
2. Sell Point (Short Entry)
Reasonable sell area: If the price does not break the resistance at 106,650 USD and shows signs of weakness.
Stoploss: 107,000 USD (to avoid breaking the previous peak).
Target (Take Profit):
Near target: 103,500 USD (MA(7) support zone).
Far target: 101,500 USD (strong MA(30) support).
3. Support Indicators
RSI: If RSI > 70, BTC is overbought and likely to correct.
Trading volume: Observe for sudden spikes; if the price rises but volume is weak, the likelihood of a correction is high.
4. Summary:
Long strategy: Wait for the price to correct to 103,500 - 104,000 USD, stoploss at 101,500 USD, take profit at 106,650 - 108,740 USD.
Short strategy: Watch the resistance area at 106,650 USD, stoploss at 107,000 USD, take profit at 103,500 - 101,500 USD.
$BTC
$BNB
#2024withBinance #2024WriteToEarn
Reasonable buy area: 103,500 - 104,000 USD, near the MA(7) line to optimize risk and profit.
Stoploss: 101,500 USD (below MA(30) to avoid breaking short-term support).
Target (Take Profit):
Near target: 106,650 USD (previous peak).
Far target: 108,740 USD (upper resistance zone of the rising price channel).
2. Sell Point (Short Entry)
Reasonable sell area: If the price does not break the resistance at 106,650 USD and shows signs of weakness.
Stoploss: 107,000 USD (to avoid breaking the previous peak).
Target (Take Profit):
Near target: 103,500 USD (MA(7) support zone).
Far target: 101,500 USD (strong MA(30) support).
3. Support Indicators
RSI: If RSI > 70, BTC is overbought and likely to correct.
Trading volume: Observe for sudden spikes; if the price rises but volume is weak, the likelihood of a correction is high.
4. Summary:
Long strategy: Wait for the price to correct to 103,500 - 104,000 USD, stoploss at 101,500 USD, take profit at 106,650 - 108,740 USD.
Short strategy: Watch the resistance area at 106,650 USD, stoploss at 107,000 USD, take profit at 103,500 - 101,500 USD.
$BTC
$BNB
#2024withBinance #2024WriteToEarn
See original
Current Situation
BTC Price: Currently trading around 102,349 USD, close to the all-time high (~103,870 USD). The current price is showing signs of a slight correction from the nearby resistance areaă7ăă9ă.
Trading Volume: Continues to decrease, which may signal profit-taking pressure from short-term investorsă9ăă10ă.
Chart Analysis
Support: The 101,000 - 102,000 USD range, supported by the Fibonacci level of 0.618 and the 50-day MA.
Resistance: The 103,500 - 105,000 USD range, near the all-time high.
Technical Indicators:
RSI: Currently in the overbought region (~72), indicating potential short-term correction.
MACD: A bearish divergence signal appears on the 4-hour timeframe, indicating increasing selling pressure.
Trading Strategy
Buy (Long) Entry:
Entry Point: 101,000 - 101,500 USD, expecting the price to recover from the support area.
Take Profit: 103,000 - 103,500 USD.
Stop Loss: 99,000 USD to preserve capital.
Sell (Short) Entry:
Entry Point: If the price does not exceed 103,870 USD and a reversal signal appears.
Take Profit: 101,500 USD.
Stop Loss: 105,000 USD.
$BTC $ETH $BNB #BinanceSeason
BTC Price: Currently trading around 102,349 USD, close to the all-time high (~103,870 USD). The current price is showing signs of a slight correction from the nearby resistance areaă7ăă9ă.
Trading Volume: Continues to decrease, which may signal profit-taking pressure from short-term investorsă9ăă10ă.
Chart Analysis
Support: The 101,000 - 102,000 USD range, supported by the Fibonacci level of 0.618 and the 50-day MA.
Resistance: The 103,500 - 105,000 USD range, near the all-time high.
Technical Indicators:
RSI: Currently in the overbought region (~72), indicating potential short-term correction.
MACD: A bearish divergence signal appears on the 4-hour timeframe, indicating increasing selling pressure.
Trading Strategy
Buy (Long) Entry:
Entry Point: 101,000 - 101,500 USD, expecting the price to recover from the support area.
Take Profit: 103,000 - 103,500 USD.
Stop Loss: 99,000 USD to preserve capital.
Sell (Short) Entry:
Entry Point: If the price does not exceed 103,870 USD and a reversal signal appears.
Take Profit: 101,500 USD.
Stop Loss: 105,000 USD.
$BTC $ETH $BNB #BinanceSeason
See original
Technical analysis:
Current price and support/resistance levels:
Current price: 101,629.99 USDT.
Main resistance level: 104,088.00 USDT (recent peak price).
Nearest support level: 81,804.06 USDT.
Deeper support: 51,319.83 USDT.
Bollinger Bands (BOLL):
The current price is above the Bollinger middle band (MB), indicating that the uptrend is still present.
However, the gap between the current price and the upper band (UP) is small, warning of a potential short-term pullback.
Trend:
The chart appears to be in a downtrend adjustment phase after reaching a peak.
The drawn trend lines suggest the possibility that the price will adjust to the support area of 81,804.06 USDT before potentially bouncing back.
Trading volume (Volume):
The current trading volume is relatively high, indicating that market sentiment is active. However, the volume needs to be monitored to confirm whether the upward momentum will continue.
Short-term investment:
If the price continues to adjust to the area of 81,804.06 USDT, this could be a good entry point to buy.
Conversely, if the price breaks above 104,088.00 USDT with high volume, it may be worth considering additional purchases as the uptrend will be confirmed.
Medium and long-term investment:
The price area of 51,319.83 USDT is strong support, suitable for accumulating if the market undergoes a deeper correction.
Monitor other indicators (such as RSI, MACD) to determine overbought/oversold areas before making investment decisions.
Risk management strategy:
Set a stop-loss at levels below the main support (e.g., 80,000 USDT) to protect capital in case the market declines deeply.
$BTC $BNB
#BitcoinKeyZone
Current price and support/resistance levels:
Current price: 101,629.99 USDT.
Main resistance level: 104,088.00 USDT (recent peak price).
Nearest support level: 81,804.06 USDT.
Deeper support: 51,319.83 USDT.
Bollinger Bands (BOLL):
The current price is above the Bollinger middle band (MB), indicating that the uptrend is still present.
However, the gap between the current price and the upper band (UP) is small, warning of a potential short-term pullback.
Trend:
The chart appears to be in a downtrend adjustment phase after reaching a peak.
The drawn trend lines suggest the possibility that the price will adjust to the support area of 81,804.06 USDT before potentially bouncing back.
Trading volume (Volume):
The current trading volume is relatively high, indicating that market sentiment is active. However, the volume needs to be monitored to confirm whether the upward momentum will continue.
Short-term investment:
If the price continues to adjust to the area of 81,804.06 USDT, this could be a good entry point to buy.
Conversely, if the price breaks above 104,088.00 USDT with high volume, it may be worth considering additional purchases as the uptrend will be confirmed.
Medium and long-term investment:
The price area of 51,319.83 USDT is strong support, suitable for accumulating if the market undergoes a deeper correction.
Monitor other indicators (such as RSI, MACD) to determine overbought/oversold areas before making investment decisions.
Risk management strategy:
Set a stop-loss at levels below the main support (e.g., 80,000 USDT) to protect capital in case the market declines deeply.
$BTC $BNB
#BitcoinKeyZone
See original
To decide whether to buy or sell in this case, consider the following factors:
Price trend analysis:
The current price of BNB/USDT is 707.34, down 1.74%. In the 4-hour timeframe, the price is fluctuating between the resistance level of 739.71 and support at 677.00.
If the price continues to decline and breaks below the support at 677.00, there is a possibility that the price will drop further.
If the price increases and surpasses the resistance at 739.71, the uptrend may continue.
MACD:
The current MACD index has a DIF of -0.46, indicating that bearish momentum is prevailing. However, if the DIF crosses above the DEA, this could be a buy signal.
Trading volume:
The 24-hour trading volume shows the level of market interest. If high volume accompanies rising prices, this is a good sign to buy. Conversely, high volume with falling prices is a signal to be cautious.
General advice:
If you believe the price will recover: Wait for a bullish signal from the MACD or a breakout above the resistance at 739.71 before buying.
If you are concerned about further price declines: Consider selling if the price breaks below the support at 677.00.
Consider additional external factors (market news, announcements from Binance) before making a decision.
$BNB $BTC #BTCReclaims101K
Price trend analysis:
The current price of BNB/USDT is 707.34, down 1.74%. In the 4-hour timeframe, the price is fluctuating between the resistance level of 739.71 and support at 677.00.
If the price continues to decline and breaks below the support at 677.00, there is a possibility that the price will drop further.
If the price increases and surpasses the resistance at 739.71, the uptrend may continue.
MACD:
The current MACD index has a DIF of -0.46, indicating that bearish momentum is prevailing. However, if the DIF crosses above the DEA, this could be a buy signal.
Trading volume:
The 24-hour trading volume shows the level of market interest. If high volume accompanies rising prices, this is a good sign to buy. Conversely, high volume with falling prices is a signal to be cautious.
General advice:
If you believe the price will recover: Wait for a bullish signal from the MACD or a breakout above the resistance at 739.71 before buying.
If you are concerned about further price declines: Consider selling if the price breaks below the support at 677.00.
Consider additional external factors (market news, announcements from Binance) before making a decision.
$BNB $BTC #BTCReclaims101K
See original
Fibonacci retracement:
Important Fibonacci levels shown:
0.236 (36,522.19)
0.382 (49,505.18)
0.5 (59,998.29)
0.618 (70,491.40)
0.786 (85,430.74)
1.0 (104,460.61)
Current price: 100,716.30 is trading near the 1.0 Fibonacci extension level, which is a strong resistance zone.
Price action:
After reaching a local peak at 104,088.00, there are signs of a downside correction.
The trend may be forming an ABC corrective wave pattern (as shown on the chart).
Support and resistance zones:
Strong support: 70,491.40 (Fibonacci level 0.618) and 59,998.29 (Fibonacci level 0.5).
Main resistance: 104,460.61 (Fibonacci 1.0).
Trading strategy:
Buy scenario (Long):
Wait for the price to correct to strong support zones (0.5 or 0.618), combined with bullish reversal signals from RSI, MACD, or reversal candlestick patterns (such as Hammer, Bullish Engulfing).
Entry point: 70,491.40 or 59,998.29.
Stop-loss: Below 59,998.29.
Take-profit: Around the resistance zone of 104,460.61.
Short scenario:
If the price continues to face resistance at the 104,000â104,460 zone and a bearish reversal signal appears, consider entering a short position.
Entry point: Near 104,088.00.
Stop-loss: Above 104,460.61.
Take-profit: 85,430.74 (Fibonacci 0.786) or 70,491.40.
Recommendation:
Monitor technical indicators (RSI, MACD) and trading volume to confirm the signal.
Prioritize trading according to the main trend, that is, wait to buy at support levels if the price continues to maintain a long-term uptrend.
$BTC
#BTCReclaims101K
Important Fibonacci levels shown:
0.236 (36,522.19)
0.382 (49,505.18)
0.5 (59,998.29)
0.618 (70,491.40)
0.786 (85,430.74)
1.0 (104,460.61)
Current price: 100,716.30 is trading near the 1.0 Fibonacci extension level, which is a strong resistance zone.
Price action:
After reaching a local peak at 104,088.00, there are signs of a downside correction.
The trend may be forming an ABC corrective wave pattern (as shown on the chart).
Support and resistance zones:
Strong support: 70,491.40 (Fibonacci level 0.618) and 59,998.29 (Fibonacci level 0.5).
Main resistance: 104,460.61 (Fibonacci 1.0).
Trading strategy:
Buy scenario (Long):
Wait for the price to correct to strong support zones (0.5 or 0.618), combined with bullish reversal signals from RSI, MACD, or reversal candlestick patterns (such as Hammer, Bullish Engulfing).
Entry point: 70,491.40 or 59,998.29.
Stop-loss: Below 59,998.29.
Take-profit: Around the resistance zone of 104,460.61.
Short scenario:
If the price continues to face resistance at the 104,000â104,460 zone and a bearish reversal signal appears, consider entering a short position.
Entry point: Near 104,088.00.
Stop-loss: Above 104,460.61.
Take-profit: 85,430.74 (Fibonacci 0.786) or 70,491.40.
Recommendation:
Monitor technical indicators (RSI, MACD) and trading volume to confirm the signal.
Prioritize trading according to the main trend, that is, wait to buy at support levels if the price continues to maintain a long-term uptrend.
$BTC
#BTCReclaims101K
See original
The BNB/FDUSD chart shows a general upward trend in recent times. However, the following points should be noted:
* Slowing momentum: After a relatively strong increase, the BNB/FDUSD price shows signs of stagnation and forms several red candles, indicating increased selling pressure.
* Resistance: The price range around 795 FDUSD is acting as a strong resistance level, as the price has touched it multiple times and struggles to break through.
* Support: The price range around 712 FDUSD can be seen as a temporary support level, but if the price breaks this level, the upward trend may reverse.
* Technical indicators:
* RSI: The RSI index is in the overbought zone, indicating that the market may be about to correct.
* Moving averages: The moving averages are crossing each other and trending upward, supporting the upward trend. However, close monitoring is needed to see if they reverse downward.
* Other indicators: Other indicators such as Bollinger Bands and MACD also need to be considered for a more comprehensive view of the market.
Trading suggestions (for reference only)
* If you are a buyer: You may wait for the price to correct to the support level of 712 FDUSD before entering a buy order. Set a stop-loss order below this support level.
* If you are a seller: You may place a sell order when the price touches the resistance level of 795 FDUSD. Set a stop-loss order above this resistance level.
* Short-term trading: You may take advantage of small corrective movements for short-term trading, but risk management should be closely monitored.
#2024binance @Binance Square Official $BNB
* Slowing momentum: After a relatively strong increase, the BNB/FDUSD price shows signs of stagnation and forms several red candles, indicating increased selling pressure.
* Resistance: The price range around 795 FDUSD is acting as a strong resistance level, as the price has touched it multiple times and struggles to break through.
* Support: The price range around 712 FDUSD can be seen as a temporary support level, but if the price breaks this level, the upward trend may reverse.
* Technical indicators:
* RSI: The RSI index is in the overbought zone, indicating that the market may be about to correct.
* Moving averages: The moving averages are crossing each other and trending upward, supporting the upward trend. However, close monitoring is needed to see if they reverse downward.
* Other indicators: Other indicators such as Bollinger Bands and MACD also need to be considered for a more comprehensive view of the market.
Trading suggestions (for reference only)
* If you are a buyer: You may wait for the price to correct to the support level of 712 FDUSD before entering a buy order. Set a stop-loss order below this support level.
* If you are a seller: You may place a sell order when the price touches the resistance level of 795 FDUSD. Set a stop-loss order above this resistance level.
* Short-term trading: You may take advantage of small corrective movements for short-term trading, but risk management should be closely monitored.
#2024binance @Binance Square Official $BNB