KNC/USDT Weekly Breakout | SWING TRADEIn KNCUSDT Swing Trade
If you're looking for a Crypto coin for swing trade,KNC could
be good option recently broken a 518 day Rang on weekly timeframe.
Its currently nealry 85% down from it all time high. so if you want to invest then
this is best coin.
Note - Only for education purpose.
Cryptoanalysis
GALA Triangle Pattern: Bullish Divergence Sparks Upside Soon!💎 Paradisers, let's zoom into GALA/USDT. The daily chart is sketching out a triangle pattern, and there's a bullish divergence hinting from the MACD. However, based on past observations, we might witness a consolidation phase that could last days or even weeks.
💎 For a solid bullish signal, keep an eye out for a break above the triangle pattern's resistance trendline. Post-consolidation, a surge past the 0.02881 resistance (also a previous lower high) would be our green light. If this happen, we're setting our sights on potential climbs to resistance markers at 0.03313, followed by 0.03857 and possibly even 0.04782.
💎Stay informed and navigate wisely, ParadiseSquad!
Crypto Price Prediction – BNB Coin Price Technical AnalysisBNB coin priced at $243. From technical analysis perspective, Binance coin BNB price chart today presently experiencing downtrend on the daily timeframe. The price resides below the 50 and 20 weekly EMA indicating bearish sentiment. Crypto price prediction technical analysis on daily timeframe.
To comprehend the existing level of support and resistance for binance coin BNB, we must examine the historical price data. Analyzing BNB coin price daily chart reveals trading range of $242 to $261 over the recent days.
Binance coin BNB crucial support level lies at $234 significantly impacting the cryptocurrency. A dip below this level could potentially lead to further price decline, with the subsequent support level positioned at $219.
BNB token price current resistance level resides at $266. A successful breakthrough beyond this level may initiate bullish trend with the subsequent resistance level set at $286 and $301.
Disclaimer: This technical analysis article is for informational purposes only and does not constitute financial, legal or investment advice. Please do your own research before making any decisions.
Bitcoin Going to retest it's neckline before further upsideBitcoin has fallen after making recent high somewhere 31000. It has given almost more than 100% upside from recent lows. We have seen this roller coaster drive in last few months but in this Bitcoin has formed Inverse Head and Shoulder Pattern, and it has given proper breakout of it's neckline area now it is coming to retest this neckline area before any further move for upside. Well this is healthy correction, after this huge rally from down level there is always profit booking comes.
Now what next?
According to Chart pattern it should come to retest it's neckline area which is 25k somewhere and could take a bounce back from those level, well if it is doing as it is then that will be the best area to long for the target of 35k plus. In Weekly timeframe price is above 200-D EMA line, which is a signal of bullishness in bitcoin. We can only see disaster if it's breaking down 23k and sustain those levels in downside. But chances are very less as we seen Proper Inverse Head & Shoulder pattern at down.
So this was my Analyse on BITCOIN(btcusdt) If anyone likes then please press the like, and follow button and also comment and let me know your view on this.
Thankyou:))