Institutions About To Push #BNB Price Here! Follow The Smart Money! | #Binance Coin Price Prediction

What's up everybody, welcome back to The Art Of Crypto, the birthplace of absolutely legendary gains. In this video, we are going to get into BNB because everyone needs BNB right now. If you want to find out exactly if BNB is going to pump from here, is it going to start dumping, and exactly which levels that I'm going to be paying attention to BNB, you're going to want to watch till the end of this video. And aside from that, I'm also going to discuss a couple of major crypto charts that you should be paying attention to And something that will tell you exactly what kind of altcoins to follow over the next few days, as those are the altcoins that are most likely to move the best. So if you're interested, let's kick things off actually with the major indexes for starters. So you're gonna wanna go onto this chart called DeFi Index Perpetual Futures. On TradingView, it's called DeFiPerp. So if you see DeFiPerp right now, if it breaks above this level at 7934.9, then I do see DeFi coins moving pretty well. And by DeFi coins, I'm talking about you know, COMP, Maker, UNI, like Uniswap, you know, stuff like AAVE, stuff like 1inch, right? Those are going to move really well if it breaks above this falling wedge. So watch for DeFi perp, right? And pro tip to all of you guys, you can actually use like these kinds of major indexes in order to determine if coins are going to move well. For example, the NFT dominance chart, it's not on TradingView. This is another website called charts.cointraderpro. Like, you can use NFT dominance to determine whether or not NFTs are going to move well. If you were in the private group, I would have called today that NFT dominance, right, on the daily chart, it just formed a higher low, right? This candle, notice how this candle, the low of this candle is shorter than the 2 candles next to it. And so this is technically a higher low on the daily chart. And this is beautiful because if you know anything about trends, you know, you want to see higher lows, higher highs in order for something to be bullish. So I was calling to focus on NFT coins as well as DeFi coins. And just one more chart that you should take a look at before you start getting into altcoins would be TOLL2, right? This is the total crypto altcoin market cap, and you can see that it recently just broke below this rising wedge right here. At the moment, it is still trying to break above, right? Because right now we, we not only have this rising wedge, we also have this falling trend line or falling wedge, whatever you want to call it. I would go for a falling wedge. So at the moment, if Total 2 breaks above this falling wedge, then altcoins are going to move really well. However, if it continues to dump, then try to look for support at 7 85 billion dollars-ish. Because if Total Two falls right now, altcoins are not going to move well. So just some things to keep in mind. So now that that's out of the way, let's get into the reason why a lot of you came to this video, and that is BNB. I'm sorry for that extended intro, but honestly, I just believe that it's some things that you should know. Right before we get into the video though, if you haven't already followed me at _TheArtOfCrypto on Twitter, you're going to want to do so. This is where I'm sharing the latest market updates, and you do not want to miss out. So BNB, immediately let's take a look on the daily chart. So right away I want to point your attention to this right here. Notice how we have just formed— this is the low, and then we got a high, right? And then we got a higher low, and now we just formed a higher high. So mark my words, BNB is already in a bullish order flow, and until it breaks this level right here at $305.8, you are not— but you are like, you are not bearish on BNB. So make sure you do not short Like don't start shorting BNB until you get there. So let's discuss exactly how to trade BNB right now. So we just go back onto the four-hourly chart, and we can just draw this trend line right here. Now I would usually draw just the trend line, but if you are a beginner and you want to better visualize things, then you can draw two trend lines, and this right here would be a falling wedge. And if you know anything about technical patterns, falling wedges are usually bullish patterns, right? It's a bearish consolidation towards a line of support, and then it's going to break out. Towards the upside, so that's usually how falling wedges go. And right now, you're just going to want to mark down this level at 325.6. This is going to be the level that you want to watch for BNB to break out of, because if BNB does break this level right here, then expect it to go for a little pump. Now, as for the target of that pump, it is going to very possibly bring us, you know, very possibly. I'm not saying that it will, but if it does pump, then these are the levels that I'm going to want to watch for. In order to take profits. And if it does break this level right here at $426, right, it's going to pump straight up, right, to this point right here. Mark my words, all right? I'm gonna call this a few days in advance. But the thing you might want to understand about BNB is that this area right here, if you just take a look from this point onwards, notice how there isn't much price action that went on in this area, right? It's basically pretty blank. So this is what you call an area of inefficiency. Now usually areas of inefficiency get filled. Now, am I saying that they're absolutely like they must be filled? No, but it's just an area where price will— all I'm saying is that this is an area that price will try to reach for. And so if you do break above this level, then there is a very good chance that BNB is going to go straight up to, I don't know, about here, you know, $475, maybe even $495. So you're going to want to mark down this level for sure. Am I saying that BNB is going to start pumping over there right now, right this instant? No. But you know, something else that you might want to, you know, take a look at is a rounded bottom, right? Notice how BNB on the 4-hourly, if you zoom out enough, this is starting to look like a rounded bottom. And if you follow, you know, if you used to follow this channel back in the good old days, um, when I started back in April, you would know that rounded bottoms, right, I always say rounded bottoms pays the bills because these guys tend to go parabolic, right? They tend to do nothing for the longest period of time, and then once they start popping, they really go straight up, right? They start to pop. So you always want to keep an eye out for rounded bottoms. And if you take a look at most altcoins right now, they actually resemble a rounded bottom. So is this the time to buy BNB? Yeah, absolutely. And I'm going to teach you how to buy BNB. Now the first method is, as you get a breakout above this level, you're going to want to buy along with the breakout, right? This is called breakout buying. And the second method is you want to buy the retest of this level. Now the reason— like, the retest would be over here. Now the reason why I would suggest both of these kinds of entries is because, you know, when you're buying the breakout as well as the retest, you're assuming that BNB is going to turn this resistance into support. Because there is a saying that previous resistance tends to become future support. And by buying the breakout or the retest, what you can do is you can place your stop loss right below a swing. Like a recent swing low. Doing so, like imagine, right, a breakout is supposed to bring the price, you know, above this level. And if it does fall back down into the level, then, you know, your trade has been invalidated. And so it's okay to get stopped out with a small loss. Just to put it into perspective, some of the best traders in the world are wrong about half the time, and yet they're still wildly profitable. So mistakes are not the issue right here, right? It's okay to make mistakes, it's okay to get stopped out, but it is 100% not okay for any single mistake to absolutely blow up your account. And if you feel like you've learned something new so far, it would help me so much if you could just drop a like on the video. It's a really small gesture, but it really helps out a lot. And of course, if you do buy the breakout, then, you know, these are going to be your take profit targets. And the way that I would use these personally is, you know, maybe as the price gets to say— oh, I actually forgot to add a level. Do I want to add this level? Yeah, let's just add that level just in case. So the way that I would use these levels is, you know, as the price is going up like this, right? Imagine that maybe I'll take 25% here, I'll take 25% here, I'll take 25% here, and I'll take the rest here. So doing so, the fact that you're taking profits on the way up allows you to secure the profits because, you know, it's not a profit until you realize it. And then, you know, whenever I say this, right, this is called scaling out, right? And every time I say this, there's going to be like one or two beginners come to me and, you know, they, they cry to me and they're like, oh, but if I take the profits like so early, what, what if the price pumps like, you know, to the moon? I'd be missing out on potential gains. Well, yeah, you would, but, you know, at the end of the day, you have to, you have to understand this, right? The moment you choose to take any position, right, the moment you are in a position, anything you do from that point onwards is going to be painful. Right? Let me explain it. Imagine if the price goes all the way up here and you do not take a single cent of profit, and then it drops all the way back down to stop you out or maybe even liquidate you. Let me ask you if that would be painful as well. I'm sure it would be. I don't know about you, but I'm way— like, I'm cool with taking profits early, right? Because I know that little gains over time can compound into massive snowball effects. So, you know, at the end of the day, when it comes to trading, you got to pick your pain, my friend. So that is the bullish scenario for BNB. Now we have to discuss the bearish scenario. Because over here we are grand strategists. We do not be overly biased towards any given direction. So let's discuss a bearish scenario for BNB. Now if you remember on the daily chart, right, the most recent swing low— and by the way, the only, the only condition that is required for something to be a swing low is for, you know, the low of this candle to be lower than the 2 candles next to it, right? So this is your swing low. So I want you to imagine this, right? Like at the moment, if BNB breaks below this low right here then it would have been forming a lower swing low. Now I know it's not a lower high like on the daily chart, right? It doesn't appear like it because this is one move, right? But it doesn't change the fact that it's going to be a lower swing low, and that is bearish. So in order for BNB to be bearish, you're going to want to look for a break below $306. And again, this is on the Binance perpetual futures. If you are trading on some other exchange, or maybe you're just trading spot, you're going to want to use the right chart, right? So If we go back onto the four hourly, let's you know take a look at where we want to buy you know BNB right? If it does dump really hard, then this is exactly where I'm going to be looking to buy BNB. So if we just take a look at this block right here, right? This last bearish candle before a massive move upwards. This is what you call an order block. An order block is simply you know for example during this massive move downwards. Let's see if I can find a massive move downwards. So something like this, right? This last bullish candle before this massive move downwards. That is how you identify order blocks. And basically, they're just areas of untapped liquidity. They are areas where institutions would like to push the price to before they get involved in the markets. Now, what do I mean by that? So you know how retail traders, we trade using a concept of support and resistance? Yeah, we buy at support, we sell at resistance. That's how retail traders trade. But institutions, on the other hand, They don't use support and resistance. What they use instead is order blocks, right? They love order blocks. And just to prove a point that this thing, like, this stuff works, right? I want you to take a look here, right? Remember that bearish order block I talked about? Note, look how, look how the price came up into that order block and it gets rejected, right? This is just one instance, right? During this massive pump here, right? Notice how this right here, this is your order block. Price comes in, bam. Right? This is your bullish order block. Price comes in here, bam, right? This is your bearish— sorry, this is your bullish order block. Price pumps, comes back into the order block, bam, right? Honestly, the people who don't know, you know, what are order blocks, how to use order blocks, they're going to be looking at the price and they're going to be really confused, like, why is the price coming to, you know, this certain level? Why is the price coming here? But hey, over here at this channel, we are all aware of what these institutions are trying to do. So make sure you use these order blocks to your advantage. So in this case, if BNB does drop to this level right here at about $272, now am I saying that the price is going to drop all the way here? No, but I'm saying, like what I am saying is that if the price does get here, then this would be a very good price to get BNB at. This would be very close to the bottom and this would just be, you know, a good level to buy. And if you just notice, right, there is no liquidity, like there is no volume in between these 2 levels, right? Again, it goes back to that part I talked about inefficiencies. Inefficiencies tend to get filled, right? Inefficiencies, think of them as, you know, in, in retail terms, they would be the CME futures gap, right? That's what you call an inefficiency, and they tend to get filled. Am I saying they will get filled? No, but more often than not, they do get filled. So if the price does get here, I would be really happy to get BNB at this level, right? I would even be happy to get BNB at this level as well because, you know, this order block is massive. And just to paint that picture, this order block is about 7%, right? I'm not gonna tell you to just buy at one level. Similar to how we take profits, like scaling out, we, you know, as we enter a position, we scale in as well. So in this case, I would actually split my order up into 2 blocks. So I would buy, maybe if I had $1,000 to play with, maybe I'd get $500 here and $500 worth of BNB here. That is how I would personally use these levels. As for a stop loss, you're just gonna wanna set it right below the order block. But in this case, I'm actually gonna set it right below the swing low. Because in order for you know BNB absolutely get invalidated, right? In order for BNB to like just go to zero, you would need to break this level, right? So this is our level of invalidation. And I would just like to add right now that everything that I am saying is not and should not be considered financial advice. I neither have the qualifications nor a certification to give you financial advice. So please, this is just my opinion. I'm simply providing an opinion. So. Please take my opinion at your own risk. Okay, now as for you know some other levels where you could potentially look to get BNB at, you know honestly honestly speaking I could get some here. I would very I would be very happy to you know perhaps get some here as well. Right, so levels is going to be two nine two two eight seven two seven one you know two seven two ish two six seven. So again this is you know just buying the dips right because if we just go back onto the daily chart right in order for BNB to form You know, to be bearish, right? It needs to start forming lower highs, lower lows, lower highs, lower lows. Until we get that, right, we have to assume that we are still bullish on an institutional perspective. At the moment, we are still bullish. And if, as long as we remain bullish, what you want to see is for previous highs to get attacked. So what do I mean by that? Notice how during this bearish dump right here, we formed 1, 2, 3, 4, you know, 4 highs-ish. And notice how the moment we became bullish, We attacked all these highs, right? We attacked this high, we attacked this high. Eventually, you know, we even attacked this high. So as long as we're bullish, expect previous highs to get attacked. And I'm talking here, I'm talking here, here, here, here, right? Expect all of them to get attacked. So that's why, you know, during a bullish condition, we buy the pullback. I'm not telling you guys to short here, right? What I'm telling you guys is these will be good areas to buy if you do get them. And I just wanted to add, right, if you have been following my channel for a while and you feel like, hey, this guy's right a lot. Maybe you thought to yourself, hey, this guy knows what he's doing. And if you've ever, you know, been serious about your trading, maybe you wanted to do this crypto thing or this trading thing for a career and you just wanted to learn the things that work, discard the things that don't, then you're going to want to check out the private Discord group. Over here you're going to get access to a world-class trading education. Over here I will lay down everything that I have learned over the years Everything that I know, you're gonna learn. And hey, as a bonus, you're gonna get access to daily profitable trading setups. There have been so many people in this Discord group that have already paid off their membership in just a couple of trades. So trust me, this thing will pay itself off real quick. But just, you know, just think about the knowledge that you will acquire here. If I said that the knowledge you acquire here would allow you to, you know, speed up your journey of becoming a proficient trader, how much would that be worth to you? So if you're interested, the link is in the description. The monthly signups have already been closed. I will be closing this for at least a month. So for those of you looking to sign up for monthly, look somewhere around September. And the reason why I'm doing so is because I want to give focused attention to every single member in the group. So if you're interested to get this focused attention, you know, sign up. And you know, for everyone still here, man, you guys are the real ones. Thank you so much, right? I just hit 10K subscribers recently and You know, it really, it really, you know, made me quite emotional. Like, I never thought I would get here in just a mere three months, and you know, honestly, it's it's a bit overwhelming, right? A lot of people might get you know happy that hey, they finally made it, right? That's that's how people would put it. Hey, I made it. I made it to ten k. How ha what what a joyous occasion! But honestly, man, yesterday I I low key had a breakdown sort of, right? Because you got to think about it from. From my perspective. I know a lot of you really respect the things that I say. A lot of you put a lot of weight to the things I say, and that's why I strive every day to provide the most unbiased opinion. I just want to give you the facts. I will never— like, trust me, I will never ever in my YouTube career— I will never start shilling some random coins, okay? That's one thing that you can— that's one thing that I can promise you. Like, for real, I've turned down every single sponsorship proposal. That have been sent my way ever since I started YouTube. But, you know, it's still overwhelming knowing that 10,000 people are now following you. You know, they treat you as a leader. And knowing the fact that your words have weight to them, it's overwhelming. You know, there's a saying, you know, with great power comes great responsibility. And I understand that right now a lot of you are listening to me. So yeah, I mean, it's a rant, but I hope I don't run into a day where, you know, I start making a lot of mistakes. But knowing that you guys are, you know, following me, it's a lot of responsibility, and I'll take it to heart, guys. I'll make sure to continue bringing you guys the best content, the most unbiased technical analysis. And again, thank you for 10K. It's a, it's a big number, and with that big number comes a big responsibility. So I won't, you know, I won't undermine my position, and for sure I am grateful to be here. So thank you guys. Thank you to all the ones who stuck with me from the beginning. It isn't like me to do this kind of an outro, but hey, for those of you who are still here, you're the real ones. So I want to see who are the real ones, right? Comment down in the comment section below, comment 10K, and I will make sure I send a reply back to you. As a bonus for the people who have watched until this point, you know, ask me a question, right? I'll try my best to answer those questions in the comment section. I won't guarantee that I'll get every single one 'cause there's a lot of you, but I'll try my best to answer every single question that gets thrown my way, just as a little reward for the people who are always watching to the end of the videos. So yeah, these are the levels to pay attention to for BNB. Remember to pay attention to Total 2. Remember to pay attention to DeFi Perp. Remember to pay attention to NFT Dominance. Right, all these major charts is really— it's really good to use them. And yeah, if you're interested to take your trading game to the next level, I'll see you in the Discord group. And may the gains be with you guys. Peace.