a technical analysis and trade signal for the three cryptocurrencies: BNB (Binance Coin), BTC (Bitcoin), and ETH (Ethereum), with three target levels and momentum analysis:
(Binance Coin)
Current Price: $713.66
24h Change: +0.09%
Technical Analysis:
Trend: Neutral with slight bullish bias, after consolidating around $700 for several days.
Support: $695 (Strong support zone)
Resistance: $725 (Near-term resistance at recent highs)
RSI: Around 55 - Neutral (no overbought/oversold signal)
Trade Signal:
Buy Entry: $710
Target Levels:
T1 (Short-term): $725
T2 (Medium-term): $740
T3 (Long-term): $755
Stop Loss: $695
Momentum: Mild bullish momentum as the price continues to hover above $700. Look for an entry near support for better risk-reward.
BTC (Bitcoin)
Current Price: $99,650
24h Change: +1.32%
Technical Analysis:
Trend: Bullish, with an upward trajectory after clearing key resistance at $98,000.
Support: $98,000 (Strong support at prior resistance)
Resistance: $101,000 (Immediate resistance to watch)
RSI: Around 60 - Slightly bullish, but no immediate overbought conditions yet
Trade Signal:
Buy Entry: $99,500
Target Levels:
T1 (Short-term): $101,000
T2 (Medium-term): $104,000
T3 (Long-term): $108,000
Stop Loss: $97,000
Momentum: Bullish momentum accelerating with a strong positive movement. Look to buy at minor dips near $99,500.
ETH (Ethereum)
Current Price: $3,683.62
24h Change: (Pending)
Technical Analysis:
Trend: Bullish with upward momentum following recent highs.
Support: $3,600 (Strong support)
Resistance: $3,800 (Resistance at the previous peak)
RSI: 58 - Positive momentum but can move towards overbought.
Trade Signal:
Buy Entry: $3,670
Target Levels:
T1 (Short-term): $3,800
T2 (Medium-term): $4,000
T3 (Long-term): $4,150
Stop Loss: $3,550
Momentum: Bullish with stronger upward pressure as Ethereum is approaching its resistance level.