🚨 Bitcoin held strong and pumped despite 4–5 big bearish headlines hitting the market.
But if a bigger bearish catalyst hits, the current strength may not hold.
BTC is also looking overbought on some timeframes, while significant downside leverage has built up, if it starts unwinding, the move could be sharp.
Considering this, we’re currently swing short on BTC, ETH, SOL & BNB.
$BTC
{future}(BTCUSDT)
$ETH
{future}(ETHUSDT)
$SOL
{future}(SOLUSDT)
#BOJRaisesRatesTo31YearHigh
BR long setup: the levels I'm watching
$BR /USDT - 🟢 Bias: LONG (Strong) · 7/12 signals aligned
Technical verdict: STRONG LONG. 7 of 12 signals aligned, 1 against.
What supports it (7):
• Daily trend: price > EMA50 > EMA200, bullish stack
• 4h trend: price > EMA50 > EMA200, bullish stack
• 1h trend: price > EMA50 > EMA200, bullish stack
• 4h RSI: 74.0, bullish momentum (above 55)
• 1h RSI: 62.3, bullish momentum (above 55)
• Short-term momentum (15m): RSI z-score +2.18, last candle +1.10%, bu...
$AKE IS ABSOLUTELY CRAZY 😅
You really need to look at what this token has been doing.
Between mid-July and mid-August, $AKE went through an almost 45x squeeze. Then, instead of continuing to explode or completely crashing, it traded almost flat for several weeks around a $1 billion FDV.
And that was already pretty interesting.
After such a move, the fact that the token didn’t die and managed to hold relatively well suggested that the available supply might be getting tighter, leaving room f...
🕵️ The truth is hidden in the indicators.
Day 6 of #BinanceSummerCamp: Read candlestick charts, spot trends and key levels, and use MA, MACD and RSI.
Complete and share today’s challenge to become an Indicator Detective: [Join here](https://www.binance.com/en/ti/cryptolingo?utm_source=ENBinanceAngelsSquare)
Disclaimer: This is not an offer or solicitation to trade any financial product. Not available to users in jurisdictions, including: US, UK, EEA, Hong Kong, Singapore, and the jurisdiction...