Binance Waves

USDT Dominance Update: The USDT dominance has been continuously rejected from the higher levels and till now it has not shown any sign of recovery. If the rejection continues to drop then we can expect USDT.D to even reach close to 4.9%. This will surely be a good thing for BTC and the altcoins. For now, the USDT.D has support at the 6.4% to 6.5% level and if it has to bounce back then this could be the level from where we can expect a bounce back. Other support levels for dominance are 5.6% to 5.8% and 4.8% to 5%. We hope that this update was helpful for you all. Stay tuned.

BTC is going exactly as we expected. Currently at the big resistance of $22.5k level. Will wait for the daily close. If we get a daily close above $22.5k then $24k-$25k is next stop. Will post a fresh chart after daily close. Stay tuned.

Bitcoin just broke $22,000 !!!

Reason for this big dump☝️

Market is in hard corrction. Bad Luck this time. We had a nice entry, Stop Loss HIT

Altcoin Trade Setup 1. GALA/USDT :- Gala broke out of the continuation channel. We are opening a long here. Chart shows possibility of a 27% pump from here. Our simple strategy is to buy at CMP and place buy orders in the accumulation range. ENTRY (Accumulation Range) :- $0.0495 TO $0.051 Targets:- $0.057, $0.058, $0.0612, $0.0624. Stop Loss: $0.04752 Cheers, Stay tuned for more.

BNB WEEKLY UPDATE:- BNB is trading inside a big triangle in the weekly time frame and currently testing the upper trendline of the triangle. Here, 50MA is also working as a resistance. If BNB able to break out from the triangle and close above 50 weekly MA, then we can expect a big pump. But for that we have to wait for the weekly close and confirmed breakout. Keep a close eye on this. Will keep updating you. Stay tuned.

BTC UPDATE:- BTC is slowly heading into the resistance zone. $21.5k-$22.5k is a big resistance and remember the correction is still due in the market so manage your risk in all open positions and do not trade without SL. In LTF, we might see some more upside but sooner or later we see some correction. A healthy pullback is always good for the market in the long term. Let's see how this goes. Stay tuned and pin our channel at the top for more updates.

Only 50% of the people voted, I do not understand the reason why. Common guys, this is the time to wake up.