The price broke through the level of 591.75, which served as a local stop, and aimed at ~602. If the assumption is correct, after the price reaches the level of ~602, I will expect a decrease from $BNB to ~550 -> the scenario mentioned in the previous article. This will be a test of the buyer being pushed. The stop for this trade will be 607.70 with an eye to a fall to ~550.
#BNBUSDT on the 10 minute chart. Targets are south to levels 572/550. I assume that at the moment the price is corrected to ~590 and after that the rate of #BNB will continue to fall to the goals indicated above. This scenario may be canceled if the price rises above 591.76. Then I consider sales from the level of 602 with an eye on the 550 mark. Good luck in trading!
There is no point in scattering your efforts across many assets, as this takes time and a lot of nerves. You can simply trade #BNB from Monday to Friday intraday, making 2-5 trades daily and collecting at least 2% from each setup. Plus the commission is low and there is liquidity on spot/futures. You trade on #Binance and don’t worry because it’s an intravenous token of the exchange itself - volumes and open interest are accurate and you don’t need to collect data on different crypto exchanges.
There are a lot of tokens, a lot of news comes out about them, and this complicates analysis and making trading decisions. I advise all traders to take $BNB and trade daily, find the dynamics of the movement and not worry, otherwise you will not have time for everything else - such as meetings with loved ones/friends, relationships with loved ones or harmony in the family.
Greetings BNBUSDT speculators. The pair is trading sideways and is aimed at the upper limit of 386.81 of the horizontal channel 386.81-373.17. If the upper level of 386.81 is broken, I expect a new impulse for growth with an eye on the level of 399.91.
In the event of a downward breakdown of 371.25, I expect the price to fall to a purchase level near ~359.50.
Expectation in the moment for the bitcoin futures BTCUSDT short after updating the minimum of February 21 50528. I give preference for the week to sales of this instrument, the vector of the price fall is indicated on the hourly chart.
The downside targets for a short scenario could be 49215, 48300. Stops for a short setup do not hang at the levels of 57375 (the closest to the price at the moment, but in question), 52135.
The price has overcome the minimum of February 21 - the level of 50528, which may serve as a new impetus for the price to go down. Expectations from the current moment are short for the Bitcoin futures BTCUSDT, the targets for the fall of Bitcoin may be 49215, 48300
The BTCUSDT futures price has been trading in the range of 52860-50650 for more than a week. In general, a breakdown of one of the levels of the range will give a new impulse to the price in one direction or another.
Let's look at what's going on, 3 options for further price development: 1. The price can rise from the current level of 51050 to the upper limit of the range 52860 for a manipulation test. Stop in this case is below 50520.
2. In the event of a downward breakdown of the low of February 21, 50528, the price will go into a correction with an eye toward ~46800.
3. If the price breaks through the upper level of 52860, the price will take a new impulse for growth with an eye to ~57350.
Expectations for XRPUSDT futures for today are a drop in the XRP price to the nearest buy zone ~0.5109. It is more appropriate to set a stop for short positions above the level of 0.5525 (shown on the chart below).
If the price breaks through the upper level of 0.5525, the situation may change and then the target for XRP for the long will be updating the maximum of February 16, at 0.5797.
Both options are relevant until nothing significant changes on the market.
Short expectations for the XLMUSDT pair on the 4-hour chart until the end of the trading week.
The first target is at the level of 0.111 to test the lower limit of the range 0.1184-0.1117. In the event of a downward breakdown of this level of 0.1117, I expect a further drop in XLM to the lower limit of ~0.107 of a larger range of 0.117-0.107.
It is logical to open long positions only if the price breaks out at the level of 0.1178. Until then, the dominant position in trading is short and everything is in force until the stop level is violated. Good luck in trading!