$BNB BROKE ABOVE THE 200DMA 📈 Will breach the $550 level | The Crypto Anatomy on Binance Square

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$BNB BROKE ABOVE THE 200DMA 📈
Will breach the $550 level if the day's closing is above the 200DMA.
Seems the buying is in a full fledged manner for the $TON launchpool.
#BNBAnalysis #BinanceLaunchpoolTON 

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$DOGS GOING JUST AS MENTIONED IN THE PREVIOUS ANALYSIS 📊 That consolidation is proving to be a long one and if it spends some more time in that range, we're in for an explosion 💥 So let's sum up the story real quick. The addition of a zero came quickly but it didn't sustain long enough (as buyers outnumbered sellers) ✅ Broke down the crucial support of $0.0010 and closed beneath ✅ Headed towards the next possible support at $0.0009, but made a reversal ✅ With those crucial points checked, the breakout above the descending trendline wasn't a surprise at all. In fact it was on the cards and the retest of the support will give opportunity for some fresh buying again. Also, the FVG2 became invalid when it closed above it. But it has one more milestone pending which is the FVG1. Hoping to break above $0.0011 with better volume and momentum this time. *This is not investment advice. Please do your own research before taking any trade. #DOGSONBINANCE #TON

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🚨🚨🚨 CRYPTO HACK ALERT 🚨🚨🚨 Indian Engineer Arrested for Stealing $6.67M in Cryptocurrencies 📢 According to a report by The Indian Express, the Cyber Crime Unit of Bengaluru has allegedly detained a software engineer for stealing cryptocurrencies worth roughly $6.67 million from his former employer. 📰 In the Asia Pacific, India is termed to have one of the fast-evolving cryptocurrency markets, with over 10 million digital asset holders & users. Despite massive adoption and colossal market size in the region, the nation still needs a clear and favorable set of rules for the market. The incident once again has raised eyebrows and questions related to security of investors' funds. Additional information states that Shubhang Jain, a 26-year-old computer software professional was arrested over the charges of stealing cryptocurrencies from Cipher Technologies Private Limited. An officer of the investigation wing notes that “Jain had transferred the cryptocurrencies to his relatives’ wallets and later had even withdrawn money. He used to live in luxury hotels and lived a low profile. As he moved from place to place, the police were unable to track his movements.” Jain was detained in Mumbai when the authorities got a lead that he was in constant contact with brokers in Mumbai for a lavish property, said the CID official. He met the owner of Cipher on Telegram, from where he was further selected for a job interview. 📈 Overview of the Indian Crypto Market According to available data, the Indian cryptocurrency market is expected to reach $6.6 Billion by the end of 2024. However, the market is expected to grow with a negative CAGR of -2.44% and could reach $6.4 billion by 2025 ending. Binance is one of the most significant players in the Indian crypto space, followed by Gate(dot)io, Coinbase, and Crypto(dot)com, among others. #CryptoMarketMoves

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$FTM AS SAID A FEW HOURS BACK 🧘🏼‍♂️ There it goes 💥🚀🚀 #FTM

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$FTM POISED FOR A BIG BREAKOUT 📈 🔔 With the formation of an Inverted Head & Shoulders pattern just on the verge, it is definitely going to make some moves eyeing that $1 level. 📊 Not only the daily charts, but the weekly chart is confirming a possible rebound with that inverted H&S pattern forming there as well. The RSI is hovering near the avg mark which shows enough room for some healthy upside moves. The descending trendline has been the line of resistance where the price has seen multiple rejections. A breakout above this will retest the next hurdle at $0.55 and complete the inverted H&S pattern. From here the next resistance lies at $0.75 and breaking above this may lead the price towards that $1 mark. But the resistance turned support will go through a test here. So this could be a cool off zone before heading towards a $. 🎯 Moreover the two shoulders have formed just at the support level of $0.35 which shows the strength at this crucial pivot level. Also this is the immediate support as of now. The last week has been a rebound from that support level and this week has started off on a positive note with the price more than 8% up for the day. At the time of writing FTM was changing hands near $0.44. #FTM

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