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Binance Coin is the cryptocurrency issued by Binance exchange and carries BNB symbol. With a volume of $7.6 billion, as of Q2 2022, Binance Exchange was the largest cryptocurrency exchange in the world. One-fifth of Binance exchange’s profits are used to repurchase and permanently destroy, or “burn,” Binance coins held in its treasury. Binance was created […]
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BITO Proshares Bitcoin ETF Warning: Why Bitcoin Isn’t Ready to Fly Yet
Read MoreBitcoin’s recent surge toward $91K has traders buzzing with excitment and some are already anticipating the start of next bullish leg, but the charts tell a different story. ProShares Bitcoin ETF (BITO) is flashing signs of weakness, with a potential retracement toward the $10.10 zone. In Elliott Wave terms, this suggests BTCUSD may still be […]
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Bitcoin (BTCUSD) Elliott Wave: Incomplete Sequence Calling the Path Ahead
Read MoreHello traders. As our members know, we’ve been favoring the long side in BTCUSD and have made profitable long setups. However, the structure recently has shown clear incomplete sequences from the peak, suggesting more downside in the near term. In this technical article, we are going to present short term Elliott Wave forecast of Bitcoin, including target […]
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Elliott Wave Analysis: Bitcoin (BTCUSD) Bearish Pattern Signals Further Downside
Read MoreBitcoin (BTCUSD) shows incomplete bearish sequence from October 6 peak, favoring more downside. This article and video look at the Elliott Wave path.
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BNBUSD Bounces Back: Strong Reaction from the Blue Box Area
Read MoreIn this blog, we take a look at the past performance of BNBUSD charts. In which, the Binance coin bounces back strongly from the blue box area.
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Elliott Wave Forecast: Where Is Bitcoin (BTCUSD) Headed After Record Highs?
Read MoreBitcoin (BTCUSD) has broken to new all-time high. Where is it going next? This article and video look at the Elliott Wave path.
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The Power of Elliott Wave: DOGEUSD Perfect Reaction from Blue Box
Read MoreIn this blog, we take a look at the past performance of DOGEUSD charts. In which, the Doge coin saw a perfect reaction higher from blue box area.