Coin
BNB/USD aims to surpass the intraday highs of $460Binance‘s price analysis is negative today, as we witnessed a large increase during the day, pushing through $445 as the next significant barrier. We expect bulls to run out of steam later today, resulting in a retracement.
Binance (Binance) had a fascinating price hike yesterday, ascending more than 35 percent overnight to reach a high at $445. This price has been retracted at writing, and we see strong support at $423.
I've Seen This Pattern Before - THETAUSD Possible 20%+ Incoming!THETA is one coin i've constrantly trading due to the fact that it seems to have a mind of it's own and not follow the rest of the market when it wants to run.
We've been squeeze and seen a small pop here and the reaction around previous high will be telling of whether we continue up to this diagonal or consolidate before a more telling more.
UNICON on the daily giving us confirmation we're currently sitting about this major MA cluster, which will act as resistance should we head back down.
For me, i'll be watching this closely and averaging in on the back of this overall triangle formation which i've seen a million times (Take a look at my AAVEUSD trade)
22% possible trade.. i'll take that.
Buying a Great company at a discountTSLA stock is the example for this big name in the market. Over the past year we've seen Tesla run up exponentially in a short period of time as it seems it'll be the future #1 stock in the world to later replace AMZN / AAPL as the top dog.
We can see that TSLA shaved off 40% from it's highs and then still found structure to push back all the way up to highs -- what changed between those months where someone wouldn't want to buy this company ? No outlook of TSLA changed and if anything the outlook for TSLA got stronger as we saw them deal with sending out deliveries during the chip shortage that seemed to not effect them.
When buying a company to this level of expertise you should be DCA into a ticker this strong every week or month. 10-15 years from now this stock will have a sky high valuation that won't be near these levels and that's what you have to think about, whenever a stock you love is selling off that is the best time to buy it as fundamentally nothing has changed and you're theoretically buying your favorite 'product' at a discount.
Tesla has been a great ride for the past year and 1200 should come very soon before the next sell off/consolidation zone.
A ticker I can reference as well is COIN .. it had a terrible IPO nailing all the way down to nearly 200$ which is over -50% on the stock since opening up. That is one of the best times to buy these stocks as it now has around 100% ROI on it back to it's all-time highs. Find companies that are great at what they do and continue to buy on the dips!
Dogecoin up by 9% after Musk calls it the ‘people’s crypto’Dogecoin in the last 24 hours, has risen by 9.76%. However, it has rested down by going down by 3% today. Interestingly, the trading volume of the coin has increased by more than 300% implying the increased popularity after Elon’s tweet.
Additionally, Shiba Inu has also joined hands with DOGE by attaining its All-time High (ATH) at $0.000042. It has skyrocketed over 500% in less than a month.
However, the sentiments for SHIB are negative after a savage reply by Musk on how much of SHIB he holds. The Tesla founder denied holding any of SHIB by replying “None.” He said that he only holds DOGE among all meme currencies.
$COIN CALLS & BTC to 100k Looks like we are respecting the 9-day moving avg and we have pulled back to this price point and we are bouncing off this price point now
Will look to add onto my swings here on Monday to look for a move back up.
Swing goal is To follow bitcoins price knowing that bitcoin will break ATH very soon
Coinbase Analysis 24.10.2021Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
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EPSUSDTBINANCE:EPSUSDT Analysis ABC.
( A ) Starting point movement .
( B ) Entry point.
( C ) Target.
Target 1: 1.08
Target 2: 1.48
Target 3: 2.0
Target 4: 2.59
Target 5: 3.41
Target 6: 4.24
Binance Coin price action tests $516, corrects slightly lowerOverbought conditions across the weekly Binance Coin chart have been improving with buyers averting an imminent death cross. Accumulation is rising on the hourly chart suggesting heightening buying pressure. However, the 4-day surge that saw BNB wade away from a danger zone could be fading off and inviting more sellers into the market between $480 – $500. During press time, the Binance coin is trading at $484 and attempting to push the price towards a higher daily high above $485.
DOGE Run Is Over, Back To Joke Coin Lows Again!DOGE has finished its run folks, it went way higher than it should have to begin with and now its time to go back to where it came from. Everyone is calling a bull pennant which is not correct, there is no pennant its an upward broadening wedge which indicates a reverse in trend which in this case is to the downside. Indicators are also showing weakness. Take profits and don't get left holding the bag.