TechnicalAnalysiss
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Hello everyone! Hope you're all doing well today!
Exciting update on $NOT my analysis posted on July 14th on my official X account is playing out! As predicted, #NOT has broken out above the bullish pennant flag and is now eyeing further highs!
Check out the updated analysis for new targets and
insights! #TechnicalAnalysiss
Exciting update on $NOT my analysis posted on July 14th on my official X account is playing out! As predicted, #NOT has broken out above the bullish pennant flag and is now eyeing further highs!
Check out the updated analysis for new targets and
insights! #TechnicalAnalysiss
📈SIGNAL
COIN : $DYM
CEX. : #BINANCE SPOT
➖
🔘ENTRY : 3.642 to 3.551
➖
🏓 TARGETS :
✔︎ T1 : 3.882
✔︎ T2 : 4.153
✔︎ T3 : 4.635
➖
✘🚔 STOP : 3.304
➖
#TechnicalAnalysiss
COIN : $DYM
CEX. : #BINANCE SPOT
➖
🔘ENTRY : 3.642 to 3.551
➖
🏓 TARGETS :
✔︎ T1 : 3.882
✔︎ T2 : 4.153
✔︎ T3 : 4.635
➖
✘🚔 STOP : 3.304
➖
#TechnicalAnalysiss
🔔 Crypto Market Update - Understanding the Triple Top Pattern!
Hey Binance Community! 🌐✨
Today, we’re diving into an essential trading pattern that every crypto trader should be familiar with - the Triple Top pattern. 📈
What is the Triple Top Pattern? 🤔
The Triple Top is a classic chart pattern used in technical analysis, characterized by three peaks at nearly the same level. This pattern is a strong signal that an ongoing uptrend is losing momentum and may soon reverse to a downtrend.
Here’s how it works:
1. Formation: The price reaches a high point, retreats, then tests that high two more times without breaking through. This creates three distinct peaks, all at similar price levels.
2. Confirmation: The pattern is confirmed when the price falls below the support level - the lowest points between the peaks.
3. Predictive Power: Traders often see the Triple Top as a signal to sell, anticipating a shift from bullish to bearish market conditions.
Why is it important?
Understanding the Triple Top pattern can help traders make informed decisions, potentially avoiding losses from a market downturn or capitalizing on selling opportunities.
Remember, while the Triple Top is a reliable indicator, no pattern is foolproof. It's crucial to use this in conjunction with other tools and analysis methods to make the best trading decisions.
Stay tuned for more insights and happy trading! 🚀💹
#Binance #TechnicalAnalysiss #TripleTopPattern #MarketInsights #CryptoTrading.
$BTC $ETH $BNB
Hey Binance Community! 🌐✨
Today, we’re diving into an essential trading pattern that every crypto trader should be familiar with - the Triple Top pattern. 📈
What is the Triple Top Pattern? 🤔
The Triple Top is a classic chart pattern used in technical analysis, characterized by three peaks at nearly the same level. This pattern is a strong signal that an ongoing uptrend is losing momentum and may soon reverse to a downtrend.
Here’s how it works:
1. Formation: The price reaches a high point, retreats, then tests that high two more times without breaking through. This creates three distinct peaks, all at similar price levels.
2. Confirmation: The pattern is confirmed when the price falls below the support level - the lowest points between the peaks.
3. Predictive Power: Traders often see the Triple Top as a signal to sell, anticipating a shift from bullish to bearish market conditions.
Why is it important?
Understanding the Triple Top pattern can help traders make informed decisions, potentially avoiding losses from a market downturn or capitalizing on selling opportunities.
Remember, while the Triple Top is a reliable indicator, no pattern is foolproof. It's crucial to use this in conjunction with other tools and analysis methods to make the best trading decisions.
Stay tuned for more insights and happy trading! 🚀💹
#Binance #TechnicalAnalysiss #TripleTopPattern #MarketInsights #CryptoTrading.
$BTC $ETH $BNB
Bitcoin taking a breather after its recent surge. This consolidation could be a sign of things to come... #bitcoinhalvingn #ChartAnalysis #TechnicalAnalysiss
Can someone please share with me the formula which Binance uses to calculate DIF and DEA values for MACD?
#BinanceInIndia #bitcoinhalving #TechnicalIndicator #TechnicalAnalysiss #TechTalks
#BinanceInIndia #bitcoinhalving #TechnicalIndicator #TechnicalAnalysiss #TechTalks
Technical analysis is important for crypto traders as it allows them to analyze historical market data and patterns to make predictions about future price movements.
It helps traders identify entry and exit points, manage risk, and develop trading strategies based on price fluctuations.
So lets know about technical Analysis
What is technical analysis?
👉🏽 Technical analysis in crypto trading involves analyzing historical market data, such as price charts and trading volumes, to forecast future price movements.
👉🏽 Traders use tools like candlestick charts, support and resistance levels, moving averages, oscillators, and chart patterns to identify trends, reversals, and potential entry or exit points.
👉🏽 Unlike fundamental analysis, technical analysis focuses solely on price data and patterns, aiming to predict future market behavior based on past trends.
What are your thoughts on technical analysis for crypto? 📈
Share your insights!
#TechnicalAnalysiss #cryptoupdates2024 #bitcoin
$BTC $ETH $BNB
It helps traders identify entry and exit points, manage risk, and develop trading strategies based on price fluctuations.
So lets know about technical Analysis
What is technical analysis?
👉🏽 Technical analysis in crypto trading involves analyzing historical market data, such as price charts and trading volumes, to forecast future price movements.
👉🏽 Traders use tools like candlestick charts, support and resistance levels, moving averages, oscillators, and chart patterns to identify trends, reversals, and potential entry or exit points.
👉🏽 Unlike fundamental analysis, technical analysis focuses solely on price data and patterns, aiming to predict future market behavior based on past trends.
What are your thoughts on technical analysis for crypto? 📈
Share your insights!
#TechnicalAnalysiss #cryptoupdates2024 #bitcoin
$BTC $ETH $BNB
Best time to buy $BTC
$BTC #bitcoin has been giving investors rewards for over an year now. How do we know when to buy $BTC though?
The best time to buy $BTC was the week starting 9th Jan 2023.
And the second best time was the week starting 23rd October 2023.
Now that doesn't mean there won't be any other opportunity in the future.
Further, the first rejection at the levels of 65000 came in the begining of May 2021 and then again, mid Nov 2021 saw the rejection at around 67000. So the probability is that there can be another rejection around the same price point. However, the interesting twist in the take is this time's consolidation between 60000 & 70000 seems rather prominent High Tight Flag and that means if we see a Breakout at about 73800 and that might take the market up another 66% to reach the levels of 120000 (the length of the flag pole).
Any of this is merely a probability, as there is no certainty in the market.
If you have any other convincing perspective that is helpful, kindly comment below and I might include it in my next article or update this one, if possible.
#TechnicalAnalysiss #TradingStrategies💼💰 #BullorBear #Indicators
The best time to buy $BTC was the week starting 9th Jan 2023.
And the second best time was the week starting 23rd October 2023.
Now that doesn't mean there won't be any other opportunity in the future.
Further, the first rejection at the levels of 65000 came in the begining of May 2021 and then again, mid Nov 2021 saw the rejection at around 67000. So the probability is that there can be another rejection around the same price point. However, the interesting twist in the take is this time's consolidation between 60000 & 70000 seems rather prominent High Tight Flag and that means if we see a Breakout at about 73800 and that might take the market up another 66% to reach the levels of 120000 (the length of the flag pole).
Any of this is merely a probability, as there is no certainty in the market.
If you have any other convincing perspective that is helpful, kindly comment below and I might include it in my next article or update this one, if possible.
#TechnicalAnalysiss #TradingStrategies💼💰 #BullorBear #Indicators
🕵️♂️🕵️♂️Dive into the dynamics of the recent BTC movement! 🕵️♂️🕵️♂️🕵️♂️🕵️♂️
👉Witness the power of technical analysis as we unravel the intricacies of the market. 👉From trend lines to RSI indicators, discover the signals that foreshadowed the recent crash.
👉Gain insights into crucial resistance and support levels, paving the way for informed trading decisions.
👉 Don't miss out on understanding the significance of weekly candles and the implications they hold for BTC's trajectory. 👉Stay ahead of the game with Binance. #BTC #TechnicalAnalysiss #MarketInsights 📊
👉Witness the power of technical analysis as we unravel the intricacies of the market. 👉From trend lines to RSI indicators, discover the signals that foreshadowed the recent crash.
👉Gain insights into crucial resistance and support levels, paving the way for informed trading decisions.
👉 Don't miss out on understanding the significance of weekly candles and the implications they hold for BTC's trajectory. 👉Stay ahead of the game with Binance. #BTC #TechnicalAnalysiss #MarketInsights 📊
$BTC update!!
Yet another failed retest. BTC did rise up above 71K support and touched 72K but it wasnt enough for it to hold down it's position. BTC back to 69K again. In the last 15 days, #BTC got rejected from this level almost 10 times!! Do you guys understand how critical this resistance is?
Now what do I think might happen? If we continue to see side ways movement, BTC might drop down to 66K once again just for the fun.
#TechnicalAnalysiss #ToTheMoon🌕✨
Yet another failed retest. BTC did rise up above 71K support and touched 72K but it wasnt enough for it to hold down it's position. BTC back to 69K again. In the last 15 days, #BTC got rejected from this level almost 10 times!! Do you guys understand how critical this resistance is?
Now what do I think might happen? If we continue to see side ways movement, BTC might drop down to 66K once again just for the fun.
#TechnicalAnalysiss #ToTheMoon🌕✨
📈SIGNAL
COIN : $CVC
CEX. : BINANCE SPOT
➖
🔘ENTRY : 0.1608 to 0.1545
➖
🏓 TARGETS :
✔︎ T1 : 0.1781
✔︎ T2 : 0.1958
✔︎ T3 : 00
➖
✘🚔 STOP : 0.1443
➖
#TechnicalAnalysiss
COIN : $CVC
CEX. : BINANCE SPOT
➖
🔘ENTRY : 0.1608 to 0.1545
➖
🏓 TARGETS :
✔︎ T1 : 0.1781
✔︎ T2 : 0.1958
✔︎ T3 : 00
➖
✘🚔 STOP : 0.1443
➖
#TechnicalAnalysiss
#BTCUSDT.P #OptionsTrading #intradaytrading #TechnicalAnalysiss #BullorBear
BTCUSDT CALL OPTION (DERIVATIVE)
STRIKE PRICE 63000
CMP 550-600
EXPIRY 28/05
BUY BETWEEN 450-650
TARGET 950/1200/1500
SL 200
RISK and MONEY management is necessary in this trade.
First earn and then Learn with us.
Happy Trading,
Regards,
KINGLINE INSTITUTE
BTCUSDT CALL OPTION (DERIVATIVE)
STRIKE PRICE 63000
CMP 550-600
EXPIRY 28/05
BUY BETWEEN 450-650
TARGET 950/1200/1500
SL 200
RISK and MONEY management is necessary in this trade.
First earn and then Learn with us.
Happy Trading,
Regards,
KINGLINE INSTITUTE
"Rune update"
Technical analysis
we have three bullish sign given below 👇
1) Bullish pennant pattern on 1h TF
2) Retesting it's resistance zone again (means, Rune is trying to break that level)
3) Following the Bullish trend line 📈
Now the targets would be $6.6 and than $7.2
Remember our main target is $12 where i am going to close my Long positions.
#Rune #altcoins #THORChain #TechnicalAnalysiss #DEFİ
Technical analysis
we have three bullish sign given below 👇
1) Bullish pennant pattern on 1h TF
2) Retesting it's resistance zone again (means, Rune is trying to break that level)
3) Following the Bullish trend line 📈
Now the targets would be $6.6 and than $7.2
Remember our main target is $12 where i am going to close my Long positions.
#Rune #altcoins #THORChain #TechnicalAnalysiss #DEFİ
$PEOPLE URGENT UPDATE 🚨
Analyzing the PEOPLE/USDT 4-hour chart, it’s evident that the price has honored the support trend line without breaching it. This adherence suggests a potential rebound to the 0.12 USDT level if the trend persists. Conversely, a break below could lead to a decline towards 0.092 USDT or lower. Here’s a concise summary:
Resilient Support: The price has consistently respected the trend line, indicating a strong support level.
Potential Rebound: If the trend line holds, a bounce back to 0.12 USDT is possible.
Downside Risk: Should the support fail, a dip to 0.092 USDT or further is likely.
Market Watch: Continuous monitoring is crucial as breaking the trend line could signal a significant shift.
$BTC $NOT #Binance200M #TopCoinsJune2024 #altcoins #Write&Earn #TechnicalAnalysiss
Analyzing the PEOPLE/USDT 4-hour chart, it’s evident that the price has honored the support trend line without breaching it. This adherence suggests a potential rebound to the 0.12 USDT level if the trend persists. Conversely, a break below could lead to a decline towards 0.092 USDT or lower. Here’s a concise summary:
Resilient Support: The price has consistently respected the trend line, indicating a strong support level.
Potential Rebound: If the trend line holds, a bounce back to 0.12 USDT is possible.
Downside Risk: Should the support fail, a dip to 0.092 USDT or further is likely.
Market Watch: Continuous monitoring is crucial as breaking the trend line could signal a significant shift.
$BTC $NOT #Binance200M #TopCoinsJune2024 #altcoins #Write&Earn #TechnicalAnalysiss
📉 #doge⚡ Update:
The $DOGE price is currently trading at $0.1605. We observed a breakdown from the recent range-bound movement. Key levels to watch:
🔹Resistance
1. $0.1660
2. $0.1620
🔹Support
1. $0.1600 (immediate)
2. $0.1560 (major)
The price faced a rejection around the $0.1660 mark, leading to a drop below $0.1620. The next significant support is at $0.1560. Watch for a possible retest of the $0.1620 resistance or a continuation downwards to $0.1560. Stay vigilant!
#CryptoNewss #TradingShot #TechnicalAnalysiss #doge⚡ $DOGE
The $DOGE price is currently trading at $0.1605. We observed a breakdown from the recent range-bound movement. Key levels to watch:
🔹Resistance
1. $0.1660
2. $0.1620
🔹Support
1. $0.1600 (immediate)
2. $0.1560 (major)
The price faced a rejection around the $0.1660 mark, leading to a drop below $0.1620. The next significant support is at $0.1560. Watch for a possible retest of the $0.1620 resistance or a continuation downwards to $0.1560. Stay vigilant!
#CryptoNewss #TradingShot #TechnicalAnalysiss #doge⚡ $DOGE
I really don't like the bearish trend candle that $ENA has marked in the last few hours (check out the chart, 8-hour timeframe). I've marked reference prices in light blue and red. If it hits those red prices, it's a RED FLAG! Haha, be very careful operating in these ranges I've marked.
Remember my last posts! Don't venture if you don't have well-defined strategies! And beyond the red market we'll have between today and Monday, we need to wait... the halving will impact the market. Each of us (Binancians) will witness this technical event!
Please remember to mentally note how you experience it, so in 4 years we're not all lost (like we are now, haha).
Catch you all very soon!!! #TechnicalAnalysiss #Ethena! #ENA
Remember my last posts! Don't venture if you don't have well-defined strategies! And beyond the red market we'll have between today and Monday, we need to wait... the halving will impact the market. Each of us (Binancians) will witness this technical event!
Please remember to mentally note how you experience it, so in 4 years we're not all lost (like we are now, haha).
Catch you all very soon!!! #TechnicalAnalysiss #Ethena! #ENA
LIVELocademiaCripto
--
ENA is the result of a Launchpool-style release on Binance, and some of its holders are users who participated in the launch. What does this mean? Well, it means they're not users who have read about what ENA is for or have faith in the project itself. They're volatile users who actively participate in launches but as soon as they reach a certain price (usually psychological ceilings), they sell the coins to switch back to BNB or FDUSD and participate in another launch.
Now, all this isn't necessarily bad; it strictly follows each trader's personal strategies. There's no need to prejudge or curse those who sell #ENA ... they're just looking beyond the project; they're traders. Each trader seeks their own benefit... 🤑
In this regard, TODAY Binance announced a new Launchpool, so $ENA will face more selling pressure... it's possible that the price will drop; and same situation for other Launchpool's coins such as #ETHFI #AEVO. and others!
Again, there's nothing wrong with this! I don't want to upset my followers, hehehe, each of us trades with personal strategies. Respect your strategies! Remember not to fall in love with anything! Here, emotions SHOULD NOT come into play! You're here (in the market) to make money! So... let's make money!
Now, all this isn't necessarily bad; it strictly follows each trader's personal strategies. There's no need to prejudge or curse those who sell #ENA ... they're just looking beyond the project; they're traders. Each trader seeks their own benefit... 🤑
In this regard, TODAY Binance announced a new Launchpool, so $ENA will face more selling pressure... it's possible that the price will drop; and same situation for other Launchpool's coins such as #ETHFI #AEVO. and others!
Again, there's nothing wrong with this! I don't want to upset my followers, hehehe, each of us trades with personal strategies. Respect your strategies! Remember not to fall in love with anything! Here, emotions SHOULD NOT come into play! You're here (in the market) to make money! So... let's make money!
"Strategic Approach to Buying Bitcoin During Dips"
Consider purchasing Bitcoin during the dip, as the 4-hour chart shows a bullish signal, with the price retracting to the demand zone. To optimize trade success, traders should only enter buy positions once the breakout pattern is confirmed on the 30-minute timeframe, as depicted on the chart's right side. This strategy ensures entries are based on verified market movements, increasing the likelihood of profitable trades.
#TradingStrategies💼💰 #Bitcoin❗️ #TechnicalAnalysiss #CryptocurrencyAlert #marketanalysis
Consider purchasing Bitcoin during the dip, as the 4-hour chart shows a bullish signal, with the price retracting to the demand zone. To optimize trade success, traders should only enter buy positions once the breakout pattern is confirmed on the 30-minute timeframe, as depicted on the chart's right side. This strategy ensures entries are based on verified market movements, increasing the likelihood of profitable trades.
#TradingStrategies💼💰 #Bitcoin❗️ #TechnicalAnalysiss #CryptocurrencyAlert #marketanalysis
$NOT
Technical analysis shows that $NOT back to support area and 📉 ...
what do you think ????
#NOT🔥🔥🔥 #BinanceSquareFamily #TechnicalAnalysiss
Technical analysis shows that $NOT back to support area and 📉 ...
what do you think ????
#NOT🔥🔥🔥 #BinanceSquareFamily #TechnicalAnalysiss
🔍 $BTC has reached a crucial support level around $60,000. This area could act as a floor for the cryptocurrency, potentially leading to a bounce-back if buyers step in.
If Bitcoin and $ETH can reclaim their 100-day Exponential Moving Averages, it would be a bullish signal, indicating the possibility of further price appreciation.
However, if the support fails to hold, we may see a deeper correction in the crypto market. Traders and investors will be closely monitoring the price action in the coming days to gauge the next move.
#BTC☀ #ETH #TechnicalAnalysiss 💹🤔
If Bitcoin and $ETH can reclaim their 100-day Exponential Moving Averages, it would be a bullish signal, indicating the possibility of further price appreciation.
However, if the support fails to hold, we may see a deeper correction in the crypto market. Traders and investors will be closely monitoring the price action in the coming days to gauge the next move.
#BTC☀ #ETH #TechnicalAnalysiss 💹🤔
$RPL is best to take short trades .. #AlertExperts suggestions please .. What is your opinion .. is it not best..??
$RPL /USDT Technical Analysis
$RPL /USDT has surged to $23.45, marking a 24.40% increase. The price has broken through multiple resistance levels, hitting a 24-hour high of $24.39. The chart shows a significant bullish momentum with the 7-day moving average ($20.20) crossing above the 25-day ($19.19) and 99-day ($19.19) averages, confirming a strong uptrend. The volume spike to 149.3K RPL traded underscores heightened interest and strong buying pressure. The coin's low of $18.41 serves as a key support level. Traders should watch for potential resistance around $24.69 and consider the strong upward trajectory as a sign of continued bullish performance. RPL is showing robust growth and strong market confidence.
#Write2Earn! #altcoins #TopCoinsJune2024 #TechnicalAnalysiss
$RPL /USDT Technical Analysis
$RPL /USDT has surged to $23.45, marking a 24.40% increase. The price has broken through multiple resistance levels, hitting a 24-hour high of $24.39. The chart shows a significant bullish momentum with the 7-day moving average ($20.20) crossing above the 25-day ($19.19) and 99-day ($19.19) averages, confirming a strong uptrend. The volume spike to 149.3K RPL traded underscores heightened interest and strong buying pressure. The coin's low of $18.41 serves as a key support level. Traders should watch for potential resistance around $24.69 and consider the strong upward trajectory as a sign of continued bullish performance. RPL is showing robust growth and strong market confidence.
#Write2Earn! #altcoins #TopCoinsJune2024 #TechnicalAnalysiss
