$BNX

Tp 1 hit if you are following my signal then you earn a handsome amount of money .

$BNX

$ETH

Descending Triangle Pattern:

Key Elements: The chart clearly depicts a descending triangle pattern with a horizontal resistance level around 2,620 and a descending trendline connecting lower highs.
Bearish Breakout: The price did break below the support trendline, indicating a bearish bias. However, it's essential to note that breakouts can be false.
Retest and Confirmation: The price retesting the broken support level could confirm the bearish breakout. If the price closes below the broken support level, it would strongly signal a continuation of the downtrend.
Trade Setup Considerations:

Short Entry: A short entry is a potential option, but it's vital to wait for confirmation of the bearish breakout. This confirmation could be:

A close below the broken support level.
Increased trading volume on the breakout candle.
Confirmation on a lower timeframe chart (e.g., 30-minute or 15-minute).
Stop-Loss (SL): Setting a stop-loss above the broken support level (around 2,380) would be more appropriate than 2,684. This would limit your risk better.

Take-Profit (TP): A TP target of 2,200 is plausible, but it's crucial to consider the broader market context and chart patterns for additional targets.

Long Entry: A long entry above the resistance level is not recommended, as the current market sentiment is bearish, and the price is likely to continue moving lower.

Important Considerations:

Risk Management: Always manage your risk carefully. You should have a pre-defined risk management strategy. This means setting a stop-loss order to limit your losses and not risking more than you can afford to lose.
False Breakouts: Remember that breakouts can be false. You should wait for confirmation of the bearish breakout before entering a trade.
Market Context: Always consider the broader market context and news events before entering any trade.
Remember: Trading is risky, and past performance does not guarantee future results.
#LowestCPI2021 #BinanceLaunchpoolTON #MarketDownturn #BlackRockETHOptions #Babylon_Mainnet_Launch

$BNX
going upward as mentioned previous post and now he reached at 1.37 .

The BNX/USDT chart shows a triangle pattern that has broken out, retested the breakout level, and is now moving upwards. This pattern suggests a bullish trend, and the price could continue to rise.

Here's a trading plan based on this analysis:

Entry: Buy at the current market price.

Stop Loss: 1.18

Target: 2.00$ or 1.9$

Risk: 5% of your portfolio.

Risk/Reward Ratio: 1:3 or 1:4

Money Management: Always use proper money management techniques and only risk a small percentage of your portfolio on any trade.

This is a general suggestion, and it is important to conduct your own research before making any trading decisions.

#Binanceaward #squarecommunity #ViralTopic
$BNX

#The XRP/USDT pair is showing a bullish flag pattern on the 4-hour timeframe. The price broke above the upper resistance line and retested the support at 0.50. After the retest, the market is moving upwards and is likely to reach 0.7400. However, remember to use risk management and money management techniques. Only allocate 5% of your portfolio for this trade.

Here are some details to consider:

Entry:

Enter long at the breakout point of the flag.
You might consider placing your order at the resistance level (around 0.5548) to manage your risk.
Stop Loss:

It's recommended to place your stop-loss order below the flag pattern. This could be near the support level (around 0.50).
Take Profit:

You can place your take profit targets at 0.7400.
Remember:

This is just an analysis and not financial advice.
Do your own research and invest at your own risk.
By following these steps, you can take advantage of the bullish flag pattern on the XRP/USDT pair and potentially profit from the upward movement.The XRP/USDT pair is showing a bullish flag pattern on the 4-hour timeframe. The price broke above the upper resistance line and retested the support at 0.50. After the retest, the market is moving upwards and is likely to reach 0.7400. However, remember to use risk management and money management techniques. Only allocate 5% of your portfolio for this trade.

Here are some details to consider:

Entry:

Enter long at the breakout point of the flag.
You might consider placing your order at the resistance level (around 0.5548) to manage your risk.
Stop Loss:

It's recommended to place your stop-loss order below the flag pattern. This could be near the support level (around 0.50).
Take Profit:

You can place your take profit targets at 0.7400.
Remember:

This is just an analysis and not financial advice.
Do your own research and invest at your own risk.
By following these steps, you can take advantage of the bullish flag pattern on the XRP/USDT pair and potentially profit from the upward movement.

#squarepost #BinanceSquareFamily #Binanceaward

$XRP

The chart shows a rectangle pattern in the 4-hour timeframe of Bitcoin Cash/TetherUS. The price is currently trading within the rectangle, with the support at around 328 and resistance at around 370.The entry point for a long position after a breakout of the rectangle would be above 370 with a stop loss (SL) set below 365.The entry point for a short position after a breakout of the rectangle would be below 328 with a stop loss (SL) set above 335.This is a simplified analysis, and traders should always conduct thorough research and use risk management strategies before entering any trades.
$
I do not have access to the internet to get real-time information, such as the latest price movements, news events, or specific trading platform features. Therefore, I cannot provide information on the #square first post on Binance.
#Squared #followed

$BCH