#GoldReboundsNearly5% #USRefinersFaceLoomingCrudeSupplyDrop #BitcoinBestWeekSinceMarch2023 $BNB
$BTC $XRP
BNB opportunity with conditions
The fear now isn’t missing the rise, but buying the peak.
Yes, you’re trading, but the BNB opportunity is directional now because of the breakout of 670 and 680 and the Pasteur upgrade. If it returns to 680 - 684, enter gradually buying..
#Short-term uptrend, buy on pullbacks
•USDT 691.30 : Current price
•Key range : 680 - 700
•Market structure: bullish, but the buying position is crowded
#Entering BNB now
The news catalyst: a breakout of 680 with an Aug 25 upgrade, boosting FOMO
jinse
2nd structural catalyst: 4H and 1D MACD is bullish and resistance at 700
Placement rationale: the long/short ratio is near 2.16 and the funding is
%0.0215
#Market signals
Buying: yes, but after tightening the rope
Position distribution (long)
Long is crowded
Market direction (long)
Strengthening
Main action (bull trap)
Upward puff
Liquidation direction (down)
Liquidate longs
•Bullish bias: a breakout of 670 and 680 with daily MACD expanding
Supports the continuation of the push. jinse
•As long as price stays above 670
For the farther timeframe, there’s a chance of a breakout; and environmental news is positive—accumulating in batches is smarter than chasing the candle
Around 68% of traders
If the price returns to 684 and holds, with real money coming in and the long/short ratio decreasing, that means a healthy correction and renewed momentum toward 700.
Buy
TP: 700
Entry range
684
SL: 670
Sell
Around 32% of traders
Once 680 is broken with increased selling pressure and long positions piled up, the bullish momentum turns into a liquidity trap and targets a retest of 670
SL: 693
Entry range
679
Short
TP: 670
$BTC $XRP
BNB opportunity with conditions
The fear now isn’t missing the rise, but buying the peak.
Yes, you’re trading, but the BNB opportunity is directional now because of the breakout of 670 and 680 and the Pasteur upgrade. If it returns to 680 - 684, enter gradually buying..
#Short-term uptrend, buy on pullbacks
•USDT 691.30 : Current price
•Key range : 680 - 700
•Market structure: bullish, but the buying position is crowded
#Entering BNB now
The news catalyst: a breakout of 680 with an Aug 25 upgrade, boosting FOMO
jinse
2nd structural catalyst: 4H and 1D MACD is bullish and resistance at 700
Placement rationale: the long/short ratio is near 2.16 and the funding is
%0.0215
#Market signals
Buying: yes, but after tightening the rope
Position distribution (long)
Long is crowded
Market direction (long)
Strengthening
Main action (bull trap)
Upward puff
Liquidation direction (down)
Liquidate longs
•Bullish bias: a breakout of 670 and 680 with daily MACD expanding
Supports the continuation of the push. jinse
•As long as price stays above 670
For the farther timeframe, there’s a chance of a breakout; and environmental news is positive—accumulating in batches is smarter than chasing the candle
Around 68% of traders
If the price returns to 684 and holds, with real money coming in and the long/short ratio decreasing, that means a healthy correction and renewed momentum toward 700.
Buy
TP: 700
Entry range
684
SL: 670
Sell
Around 32% of traders
Once 680 is broken with increased selling pressure and long positions piled up, the bullish momentum turns into a liquidity trap and targets a retest of 670
SL: 693
Entry range
679
Short
TP: 670
