#BNB rejected from the resistance zone and now testing the support level. You can add a long position at the support zone with proper stop loss.

Here's the analysis of #BNB :

#BNB took off with a very corrective manner from the build-up support around $271.20 - $274.30. Price is expected to climb up till next resistance zone of $299.00 - $302.50. In that, 292 will be obstacle for that. So, keep an eye on 292 and above area.

#BNB hits out the resistance level as mentioned in previous post and price reacted from it. Well, make your major take-profit here and price building the bullish flag pattern below the level. If price have to continue up, then you can expect a solid breakout from here. Everything will be invalid if it breaks below $315.

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Here's the analysis of #BNB :

#BNB just made a new Higher High and moved above a major level of $311.50 - $315.20. Currently, price retesting the zone as major support, and potentially we can move up form here and targets will be major resistance level around $333.20 - $337.40.

Here's the analysis of #BNB :

#BNB rejected from thr major resistance $333.00 - $337.00 and price creating messy moves as of now. Right now, price is dipping and alts too, so if price breaks $303.00 support then we can see a easy drop till strong support at $286 - $287. You can take this opportunity as shorts scalping 📉

Here's the Analysis of #BNB :

#BNB rejected from the major resistance zone of $333 - $337 and reaching towards the structural support zone of $303 - $306. Currently, price also moving the a small flag pattern, which might tend the price to continue pushing lower. Nothing to do as of now, either wait for the flag to breakout and break below support for shorts.

#BNB dropped towards the structural support and rejected it sharply. Price still maintaining inside the small channel pattern and moving. A buys comes above thr channel with a proper breakout. Alternatively, a candle Closure below the support will lear in shorts position.

#BNB trying to breakout of the zone small channel pattern and there's a minor break and close candle. Well, if we start breaking the highs of the previous candles then we can expect a continuous upmove till major resistance area around $333. Small scalping can be done here, take it accordingly.

Here's the analysis of the #BNB :

#BNB broke out of the small channel pattern and tapped out the major resistance area of $333 - $337. Price nearly goes once and rejected again. Still the bullish market structure is maintained throughout the move. As of now, its a no trade zone, better you should wait for the breakout of the resistance

#BNB flipped above the major resistance zone and now turned it into support. Price made a retest back to the zone and gave a strongly bounce. Expected a new Higher High from here, if all goes right. Next level to reach is $354 - $360.

What Are #Bitcoin Ordinals?

The #Ordinals protocol is a system for numbering #satoshis, giving each satoshi a serial number and tracking them across #transactions. Simply put, ordinals allows users to make individual satoshis unique by attaching extra data to them. This process is known as “inscription”.

Satoshis are numbered based on the order in which they were #mined and transferred. The numbering scheme relies on the order satoshis are mined, while the transfer scheme relies on the order of transaction #inputs and #outputs. Hence the name, “ordinals”.

While traditional #NFTs are similar to ordinals in some ways, there are a few key differences. NFTs have typically been made using smart #contracts on blockchains such as #Ethereum, #Solana, and the #BNB Smart Chain, and sometimes, the assets they represent are hosted elsewhere.

Conversely, ordinals are inscribed directly onto individual #satoshis, which are then included in blocks on the #Bitcoin #blockchain. Ordinals reside fully on the blockchain and do not require a sidechain or separate token. In this sense, ordinal inscriptions inherit the #simplicity, #immutability, #security, and #durability of Bitcoin itself.