Binance Square
Home
Notification
Profile
Trending Articles
News
Bookmarked and Liked
Creator Center
Settings
LIVE
LIVE
Blockunity
Bearish
--・5.3k views
An upcoming "Sell the News" on #Bittensor (TAO)? Bittensor ($TAO ) was listed yesterday on #Binance ! A big wick marking a new #ATH has been made, but beware, could this be a short-term "Sell the News"? For the moment, Perfect Cloud (BPC) remains in the green, in an uptrend, but its cloud is starting to look thin. In fact, TAO has never retested its Vegas Daily (blue cloud) of the Trend Identifier (BTI) since the start of its uptrend. If the price really needs to breathe, this would be an interesting area to take a trend-following position. #Blockunity #UnyxData

An upcoming "Sell the News" on #Bittensor (TAO)?

Bittensor ($TAO ) was listed yesterday on #Binance ! A big wick marking a new #ATH has been made, but beware, could this be a short-term "Sell the News"?

For the moment, Perfect Cloud (BPC) remains in the green, in an uptrend, but its cloud is starting to look thin. In fact, TAO has never retested its Vegas Daily (blue cloud) of the Trend Identifier (BTI) since the start of its uptrend. If the price really needs to breathe, this would be an interesting area to take a trend-following position.


#Blockunity #UnyxData

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
0
Explore the lastest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Relevant Creator
LIVE
Blockunity
@Blockunity

Explore More From Creator

#Polygon $MATIC : Last fall before an awaited rally? How hard it is for Polygon which is struggling to fulfill its potential. It will be interesting to see how the price reacts if we reach the $0.55 #support indicated by the Pivot Identifier (BPI), which would take it to the #bottom of its range. At the current stage, our Master Oscillator (BMO) indicates that only 12% of addresses are in profit, and that the supply held by the #Whales has fallen slightly over the last 30 days. We were also able to see several areas of #accumulation from the Supreme Vision (BSV).
--
#Avalanche $AVAX : Consolidation before the next upswing? Avalanche lateralizes in contact with the Vegas Daily (in blue) of our Trend Identifier (BTI) tool. We have seen #accumulation zones on the Supreme Vision (BSV), around $34. The current price therefore remains relevant for #DCA buying. With the Master Oscillator (BMO), we can see that 60% of addresses are in profit, which is very reasonable. But above all, we can see that large losses have been realized during this lateralization movement, which is a very good thing if we want to return to an #uptrend in the near future. Finally, the BMO also shows that #liquidity is on the rise, both from Stablecoins and from FIAT money printing.
--
Zooming out on $QNT , a key question arises: is the asset in trouble or does it offer an #opportunity ? Clearly, #Quant is not bullish and seems to be in trouble, given its poor performance over the last few years. However, we could see a big #range between $151 and $87, with two fakeouts. This is best observed with our Pivot Identifier (BPI) tool. In this case, we'd be at the bottom of the range, which is often a good time for medium/long-term buying. In addition, the Supreme Vision (BSV) indicates an #accumulation zone, and signals have been given in the past on current levels. #blockunity
--
#Binance Coin (BNB): The consolidation of a powerful asset. The $BNB , one of the largest #crypto capitalizations, has unquestionably been an extremely strong asset since the start of the year. We can see that it is currently consolidating in a symmetrical top triangle, a chartist figure favorable to the continuation of an uptrend. Our Magic Bands (PMB) tool had given a very good sell signal at $630, and we can see that the cloud has remained green despite its correction. A green cloud means an uptrend, so everything seems to be going well for this asset, which has been in this #trend for almost 200 days, with a very nice buy at under $230! Note also that, despite its rise and strength, BNB is no longer in a period of #distribution or attention according to Supreme Vision (BSV). #Blockunity
--
$THETA has a somewhat similar configuration to the $LPT we talked about in previous weeks. It is showing a very strong retracement, allowing it to come back to the upper region of a huge #accumulation range. This type of movement is often a real #opportunity for late buyers! Especially as this zone on the Theta Network is completed by the two biggest Vegas (Daily and Weekly) of the Trend Identifier (BTI), which overlap entirely, providing very solid support. A move back towards $1.75 therefore looks like a great #buying opportunity, especially if we get a complementary signal from the Reversal Identifier (BRI). Otherwise, $THETA could lateralize on its current level just to recover from its recent heavy fall, before resuming its uptrend. #blockunity #unyxdata
--

Latest News

Bitcoin Mining Intensifies, Bitfarms Sees Stock Surge
--
China Securities Regulatory Commission Announces Measures to Strengthen Hong Kong's Position as International Financial Center
--
US Federal Reserve Likely To Cut Interest Rates In The Second Half Of 2024, Says Oxford Economics CEO
--
Whale Sells 50 Billion BEER Tokens, Acquires 7450 SOL
--
Over 300 Million People Globally Use USDT As Digital Dollar, Says Tether CEO
--
View More
Sitemap
Cookie Preferences
Platform T&Cs
Sitemap
Platform T&Cs
ba-one-trust-cookie