Cryptotrading
AKRO-USDT(Ascending Triangle Breakout)Akropolis, an Ethereum based DeFi protocol that offers a suite of products such as AkropolisOS- a framework for developing for-profit DAO, Sparta- a platform for uncollateralized lending, and Delphi- a yield farming aggregator.
Since Feb 4, AKRO has been trading in an Ascending Triangle and has given a decent Breakout from the pattern today(31st March).
The support to the lower side is present at $0.07 while it is most likely to give the targets of $0.1 .
BNB-USDT(Symmetrical Triangle Breakout)Binance being the world’s largest crypto exchange with a total of 15 mn users and a daily average trading volume of around $12 Bn has also developed its smart contract infrastructure “Binance Smart Chain” to solve the major bottleneck of Ethereum that is its insane gas fees.
BNB after hitting its all-time high of ~$348 has been consolidating to date.
On 4 Hr Time Frame, BNB is giving a decent breakout from the Symmetrical Triangle formation and seems elated to continue its journey to new highs.
The support is present at $274 while BNB seems well-positioned to continue its rally to $360.
ETHUSD breakout imminent. Target $2350ETHUSD is on the brink of a textbook Cup and Handle breakout. Once a breakout is confirmed, the first target would be $2350.
This potential bullish market sentiment for ETH is confirmed by a bullish divergence on the ETHBTC as well.
