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<p>Cryoto analysts on X have shared insightful technical analysis on the price movements of <a href="https://captainaltcoin.com/?s=Binance+Coin&amp;post_type=post" target="_blank" rel="noopener noreferrer nofollow">Binance Coin (BNB)</a> and Polkadot (DOT). Skew’s 4-hour candlestick chart for BNB indicates continued bullish momentum, while World Of Charts has identified a potential breakout pattern for DOT on the 4-hour timeframe, suggesting a possible rally towards $15 in the coming weeks.</p>
<h2 class="wp-block-heading" id="strong-bnb-riding-the-bullish-wave-strong"><strong>BNB: Riding the Bullish Wave</strong></h2>
<p><a href="https://x.com/52kskew/status/1782293059499344096" target="_blank" rel="noopener noreferrer nofollow">According </a>to Skew, BNB has exhibited strong performance this week. The analyst’s chart showcases a sweep of the monthly open, where the closing price surpassed the opening price for the current month. “Nice sweep of monthly open here, continued momentum above would be bullish,” Skew tweeted alongside the chart.</p>
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<p>Consequently, this development could signal continued bullish momentum for BNB if it maintains its trajectory above the current levels. The chart incorporates multiple moving averages to identify trends and breakouts. Additionally, Skew highlighted historical support and resistance levels and drew sloped trend lines representing the trend direction. A break of these lines could signal a trend change.</p>
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<h2 class="wp-block-heading" id="strong-dot-consolidating-for-a-potential-breakout-strong"><strong>DOT: Consolidating for a Potential Breakout</strong></h2>
<p>Shifting focus to <a href="https://captainaltcoin.com/?s=Polkadot&amp;post_type=post" target="_blank" rel="noopener noreferrer nofollow">Polkadot</a>, World Of Charts has <a href="https://x.com/WorldOfCharts1/status/1782354685741126122" target="_blank" rel="noopener noreferrer nofollow">spotted</a> a descending channel pattern for DOT on the 4-hour timeframe. This bearish formation features lower highs and lower lows within parallel downward-sloping trend lines. However, the analyst noted a potential bullish flag pattern consolidating within the channel.</p>
<figure class="wp-block-image"><img loading="lazy" decoding="async" width="680" height="385" src="https://captainaltcoin.com/wp-content/uploads/2024/04/image-1029.png" alt="" class="wp-image-479277" srcset="https://captainaltcoin.com/wp-content/uploads/2024/04/image-1029.png 680w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-1029-300x170.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-1029-1024x580.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-1029-767x434.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-1029-1536x870.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-1029-2048x1160.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-1029-265x150.png 265w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-1029-100x57.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-1029-618x350.png 618w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-1029-788x446.png 788w" sizes="(max-width: 680px) 100vw, 680px">
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<p>“Consolidating In Bullish Flag In H4 Timeframe Expecting Upside Breakout &amp; Incase Of Successful Breakout Expecting Move Towards 15$ In Coming Weeks,” World Of Charts tweeted, along with the chart analysis.</p>
<p>Moreover, the chart highlights a potential reversal zone, marked by a percentage increase from the current price level. Additionally, the latest price action shows an uptick, inching closer to the upper trend line of the descending channel, which could signify an impending breakout.</p>
<p>Per the price data from CoinMarketCap at the time of writing, BNB <a href="https://coinmarketcap.com/currencies/bnb/" target="_blank" rel="noopener noreferrer nofollow">$600.20</a> an uptick 4.00% in the last day. Moreover, Polkadot too has seen similar bullish trend up by up 4.21% to <a href="https://coinmarketcap.com/currencies/polkadot-new/" target="_blank" rel="noopener noreferrer nofollow">$7.45</a> over the same timeframe.</p>
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<p>The post <a href="https://captainaltcoin.com/binance-coin-bnb-displays-bullish-momentum-polkadots-dot-move-towards-15-key-metrics-to-watch/" rel="noopener noreferrer nofollow">Binance Coin (BNB) Displays Bullish Momentum, Polkadot’s (DOT) ‘Move Towards 15$’: Key Metrics to Watch</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Binance Coin (BNB) Displays Bullish Momentum, Polkadot’s (DOT) ‘Move Towards 15$’: Key Metrics to Watch

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