BNB / BTC
binance coin is at an important moment
Since at the time of this writing the price is below the resistance line of 0.0018330
for the moment if the price fails to overcome the resistance level it will be a moment that favors the entry of the bears and if the price today is at 0.0018280 it will probably be pushed up to 0.0016400
BNB / BTC
If you ask me the price I will break this resistance level without any problem and the bulls will have a great opportunity but I would not enter yet, I would wait for the price to touch the downtrend levels again to have a good entry point down
CARDANO-BITCOIN
ADA / BTC
0.00000867 is the price of cardano at the time of writing. Since May 18, a strong entry of the bulls brought the price of ADA 0.00000520 to today's price, an approximate 78% increase in the value of cardano in exchange with bitcoin.
Although not all is good news because a bearish trend formed since July 18, 2018 and confirmed on April 3, 2019 favors the bearish momentum although I was going to write that it would probably rise to 0.5% or 0.618% of our fibonnacci retracement. to have a downward rejection again, but right now a strong downward rejection came from the bears and the downtrend line. what is likely to be the opening of a strong bearish inflow
Will it be good or bad news?
In the following days we will have an answer
therefore what a great opportunity of sale shows cardano :)
XMR / BTC
Monero Bitcoin
A great bullish momentum occurred since May 7, bringing the monero price of 0.006100 to today's price that per unit of monero is being paid 0.006986 an increase of 15%
Although not all is good news:
1* Remember that the main trend is down
2* The secondary trend is bearish Since on February 15 of the current year a downtrend was created confirming on April 28 and not only that
3* A descending triangle.
This is how a descending triangle appears from the dates I mentioned until today if we recapitulate in the theory of a descending triangle its meaning is a bearish continuity.
4* If we rely on the Fibonacci retracement at the 0.38% level there is a strong entry from the bears, they have a good resistance mounted so when they face the sellers they will have everything ready.
So if the price reaches 0.007600 it is a good time to sell at a good price.
thank you very much for reading have a great day
