SHORT #RIF ENTRY -$.113 SL-$.125 LEVRAGE -5× RSI (14) in | PACIFIC TRADING on Binance Square

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PACIFIC TRADING

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Bearish

SHORT #RIF
ENTRY -$.113
SL-$.125
LEVRAGE -5×
RSI (14) in 1d time frame is above 80 and triple top in 4h .Volume candles are showing high selling volume .
TARGET -1)$.1
2)$.88

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RIF

0.0905

+7.22%

165

0

Replies 0

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#BNT IS BULLISH Currently BNT has shown break from descending triangle and now it's is moving at a very important resistance $.62 if it breaks the this it is going to show us a rally because I have already shown you ,there is high buying in BNT from last 3 months and There is also twice 50% surge in its price . As market is also positive toward DeFi zone and it is also part of it . So it became important for us . As another pattern was visible in charts rounding bottom which is bullish pattern . You can enter in long from here with leverage around 10× ,SL at $.58 and target can be $.76 . #BinanceBlockchainWeek #BinanceSquareTalks #pacifictrading

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LONG #Storj ENTRY -$.575 SL-$.55 TARGET -$.72-$.76 LEVERAGE -5×-10× #pacifictrading #BinanceSquareTalks #BullishChart

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#BTC FORMING BEARISH DIVERGENCE Currently, BTC is trading at $34,800, facing significant resistance in the $35,000-$36,000 range. Nevertheless, it continues to adhere to a rising channel. About a week ago, we observed a GOLDEN CROSS in BTC, which is generally a bullish indicator. However, today, while BTC is still following an upward trend, there's a concerning decrease in trading volume, signaling a potential bearish pattern. Furthermore, the RSI is also decreasing concerning BTC, indicating a bearish divergence. This is a critical moment for caution. Based on past experiences, November hasn't been a great month for BTC, and we anticipate a potential drop after mid-November, with a retest of the $20,000-$24,000 zone. What to do now? If you haven't entered the BTC market yet, consider allocating around 25%-30% of your funds and await developments according to our plan. If BTC retraces to the $20,000-$24,000 zone, you can then consider entering with your full position. Conversely, if it moves in the opposite direction, wait for a break above $40,000 to confirm a breakout before making your entry. If you haven't entered the altcoin market, focus on high-cap altcoins that have experienced substantial drops, around 90%-95% from their all-time highs. Keep some funds in reserve for opportunistic entries. Remember that in this market, timing the lowest entry and the highest exit is challenging for anyone. #etf #BTC #binancesquare #tia

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#COTI Coti appears to be bullish at the moment. However, today, it experienced a drop after touching the 200-day moving average (200MA) in the 1-day time frame. It has support around $0.048 and is currently following an upward trend supported by buying volume, suggesting a potential rising pattern. For spot traders, it appears to be a good opportunity. Future traders may consider waiting until it touches $0.048. Coti is a part of the DeFi sector, and this month, most of the top-performing coins are from the DeFi sector. Therefore, there is a high chance that positive market sentiment will continue to drive its upward movement. ENTRY -$.048 TARGET -$.057 LEVERAGE -10× SL -$.046 Trade ratio -1:4.5 #PYUSD #BinanceSquareTalks #BinanceSquareTrends

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#TRB update Currently, TRB is strongly holding in the range of $108 to $112. After a nearly tenfold increase from its last month's price, TRB has yet to exhibit any signs of a reversal. Buying volume continues to outweigh selling volume. However, there is a twist as TRB is forming a Triple Top pattern, which is typically a bearish pattern. If TRB follows this pattern, we might witness a significant drop in TRB's price. Nevertheless, the likelihood of this occurring is lower when compared to the possibility of an upward movement. This is because relying solely on the Triple Top pattern is insufficient to justify taking a short position. Other factors such as buying volume, RSI, and market sentiments do not support a downward scenario. If TRB breaches the $100 level, it may indicate a downward movement, whereas a breakout at $125 would suggest an upward trend. So, it's prudent to exercise patience and allow TRB to determine its course. Trading within a parallel channel demands patience, and the rewards may not always align with our expectations. #etf #sbf #PYUSD #BinanceSquareTalks

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