POLYGON MATICUSDT : IS IT RIGHT TIME TO BUY OR NOT ? VOLUME : The transaction volume on Polygon’s reached 14,780.
The decline in activity on the Polygon protocol could impact MATIC as well. At press time, however, Polygon’s usage and MATIC’s price were not directly co-related.
RESISTANCE LEVEL : The resistance level of $1.056 on 26 April, MATIC’s price fell by 19.43%.
MATIC was trading at $0.851. Its RSI had declined significantly in the past few days, suggesting that momentum was with MATIC sellers at the moment.
Cryptomarket
BNB Price Prediction, will BNB’s price hit $528.24?BNB’s price at the same time last week was $307.79. It has moved by 1.24% in the past week and is currently at $308.85. Infact, in the past 24 hours, BNB has dumped by -1.70%. There is a slight bearish sentiment in the crypto market. The long term sentiment, however, remains bullish and BNB could hit $490.92 in 2024.
The total circulating supply of BNB as of writing this article was $157,886,280 and the market cap of BNB remains at $48,765,651,999.
BNB, BNB could hit $528.24 in 2023
BNB’s price prediction for the most bearish scenario will value BNB at $247.08 in 2023
BNB’s previous All Time High was on 10th May 2021 where BNB was priced at $686.31
Fibonacci levels plot levels to watch out for around the $300 The $315 and $300 levels of resistance and support respectively have been important on the lower timeframes. Over the past 48 hours, BNB has declined from the local highs at $316.3 to trade at $308.5, at the time of writing.
On the 6-hour chart, the RSI was unable to climb above neutral 50, showing the persistence of the bears. Over the past week, the trading volume was low as well. This came at a time when BNB retested the $300 level.
With Bitcoin facing rejection from beneath the $27.8k resistance on Monday as well, it appeared likely that more losses were in store for the crypto market this week. If Binance Coin were to slip beneath the $295-$300 area, the Fibonacci extension levels highlighted some key areas to watch out for.
The 50% and 61.8% extension levels would likely be tested upon a move beneath $295, with the 23.6% level at $289 also expected to serve as minor support.
Meanwhile, a move above $316.3 would signify a break in the bearish market structure. Thereafter, buyers could begin to exert their will, but this was the less likely scenario.
PEPE PRICE PREDICTION ( PEPE’s price has dumped by -0.48% ) (PEPE’s price has dumped by -0.48% in the last 24 hours)
1) Pepe’s price at the same time last week was $0.0000019. It has moved by -16.36% in the past week and is currently at $0.0000016. Infact, in the past 24 hours, PEPE has dumped by -0.48%. There is a slight bearish sentiment in the crypto market. The long term sentiment, however, remains bullish and PEPE could hit $0.0000034 in 2024.
2) The total circulating supply of Pepe as of writing this article was $420,690,000,000,000 and the market cap of PEPE remains at $706,349,755.
3) Pepe has had an eventful 2021. To simplify the latest PEPE price prediction, we have divided up the prediction by short term Pepe price prediction and long term Pepe price prediction. PEPE had a trading volume of $208,215,005. Pepe has gone up by 0% in the past 30 days.
4) According to our analysis in the short term, Pepe price prediction for July 2023 shows the average price of PEPE at $0.0000016 and the highest possible price for July 2023 would be $0.0000023.
5) Further, according to our analysis in the long term, Pepe price prediction for November 2023 shows the average price of PEPE at $0.0000029 and the highest possible price for November 2023 would be $0.0000044.
The Elliot wave pattern continues? Yes or No? Lets watchin my previous analysis, i have mentioned that BTC is testing important resistance zone. and Yes, BTC was rejected from 30600 levels and now trading around 26500. It was my stop loss point in the analysis.
But Now, BTC is looking bullish as pattern in 1 Day chart indicating towards the Elliot Wave Pattern. But also BTC is testing 100 MA support levels in a Day candle. Previously ( Highlighted in Orange circle ) it was tested at 20400 levels and you can see a bullish pump in BTC. are we going to face the same? well, i have feeling that Yes. but there are few conditions;
1) If we see the same pump as per previous time from the 100 MA support line, We are good and BTC can test the levels of 33K to 35K . Its a very strong resistance in terms of volume, as per my VRVP indicator.
2) If we see more downtrend, BTC going to test levels of 23K to 25K . from there we can see a pump in BTC to levels of 30K to 33K .
Now, i was following my previous analysis, i have taken Short Position from 30200 levels and closed at 27500. Good Profit. BINANCE:BTCUSDT 😃😝. again, i have taken short position from 28700 and closed at 26200.🤩
Please dont forget to add stoploss in any of your trad. Have a safe trading!!!
BTCUSD possible Elliot wave counts of bitcoinHello Friends,
Here we had shared possible Elliott wave counts of BTCUSD-BITCOIN on 4 hourly chart, in which we can see post bottom formation in November 2022, bitcoin had started motive journey towards north direction as a fresh impulse wave.
In which we had completed wave (1) & (2) and now we are unfolding wave (3), in wave (3) we had completed wave 1 & now possibly we are unfolding wave 2, in which we are having subdivisions as wave (a), (b) & (c), here we are possibly in wave (c) right now, post completion of wave (c) we can assume that our wave 2 should be complete and fresh impulse as a wave 3 should start towards north direction. whereas invalidation level is mentioned on chart at 19569 because wave 2 will never retraces more than 100% of wave 1 as a wave principles. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Bitcoin can move till 29500+ levels from here.Bitcoin trading in a range 27k-30k, and now it is near to down range and it has taken support. Price action indicating a upside moment in it. Chances are very high it can travel towards 29k+ levels. So risk and rewards looking very favorable from this level to go long for at least 1000 points. if price closes above 28k levels then a sharp momentum expected in it. For now accumulate here and keep stop loss at given levels on chart. Right now it is trading at 27681. MACD is also going to give positive crossover very soon. All this indicating a price reversal from these levels.
So anybody wants to go long can go with given levels. Please follow strict stop loss in it.
If anyone likes my work then please like, follow and comment.
Thankyou:))
TOMO USDTTOMO USDT 15 min chart breakout treandline
Long TOMO
Entry 0.7810, 0.75
TP: 0.80, 0.82, 0.84
SL 0.73
Buy bitcoin from current level for target of 31000 Bitcoin trading at lower support zone, it is just made low and this is gonna to be reverse from here, Very soon we will see a hammer candle over just here. Price and action showing a pull back from this level. So if anyone wants to go long can go from here. Right now it is trading at 30410 and keep a stop loss 30200, Very small stop loss, and go for target above 30800/30900/31000+..All Cryptos looking bullish,,Ethereum already given sharp move for upside. Now it's Bitcoin time to shine. Chances are very high for reversal from these level. Please follow a strict stop loss.
If anyone like my work please like and support and comment.
Thankyou.