BNBBTC
BNBUSDT, The next possible scenario!Such formations usually work well.
But, sometimes after a huge accumulation, it bounces off the level with a powerful impulse.
That's why I use the word "possible".
You should use the predictable risks for each trade and open your position only after the confirmation.
Push like and write your comments.
We will catch the best trades together!
Thanks for your support!
BNB / BTC longLonging BNB/BTC here. Bitcoin will probably hoover around this area for a bit which could give some relief to alts in BTC pairs.
BNB prepare for test 32$ levelwe have upward support trendline which is build since may 2020, RSI is above bullish zone
The Chart that no one is looking at #BNBBNB is forming symmetrical triangle chart, and its already breakout, with weekly bullish divergence, and nice development from CZ
Bnb/btc ascending traingleBnb last time showed ascending traingle with tether pair i recommend buy after break out and 1st target hit look here on my previous idea with tether pair :
Now it is looking similar but with btc pair
Buy after break and close 4h candel above the traingle with
Or on retest
First target will be 0.00299btc
And stop should be close again in the traingle
Good luck
BNBBTC, The squeezing picture again.As you can see the price bounce off the resistance again.
But, possibly the pu8llback will be smaller than previously.
If it will cross the resistance and fix above we should open buy.
The potential profit will be 3 times bigger than the risk.
Push like if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Write your comments and questions here!
Thanks for your support!
BNB Short Term Bullish + Breakout? (+33% Potential Profits)Hello Fellow Traders,
Today we are looking at Binance Coin ( BNB/BTC ). As we can see, this coin peaked on its last bullish wave at around 31500 satoshi. Since then, there has been a strong correction back down to the 100 EMA.
Prices are now trading above all EMAs now, a strong bullish signal. Additionally, we see some large buys and increasing volume , another bullish signal. The MACD also given crossed on Oct 12th, and the RSI is well above 50, both of which are bullish. Finally, here on the 12H chart, we can see a small ascending triangle pattern forming with little overhead resistance, until the most recent high. However, a breakout above this level could trigger some decent growth and allow for new 2020 highs to be set.
A potential short-to-mid term trade setup now could be:
Entry: 25750-27500
Support: 23000-24750
Take Profits:
1 - 29250 (+9%)
2 - 31275 (+14%)
3 - 36795 (+33%)
Leave a like and share your own thoughts and comments down below if you liked the post. Also, follow me for more ideas! Check out some of my others down below.
Price at writing: 26625 satoshi.
BNB/BTC retracted to perfect buy in zoneBinance BINANCE:BNBBTC is the best crypto exchange with proven authority and constant updates over the past years. Shortly it became the biggest CEX and released their coin to handle the most volume they direct through their services.
Although now we see the DeFi craze and launch of new DEx like Uniswap BINANCE:UNIBTC that are releasing their own token as binance, they need time to mature and find a decent support price before considering it a good buy.
You can’t go wrong with entering at 0.618 fib retrace lvl . This dip might be the last before the next leg up.
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Will the popular Benign Coin continue to grow against Bitcoin?Hi everyone
The MacD indicator is getting positive.
The CCI indicator has passed the number 100+ and is now 108.
The RSI indicator is still a long way from being saturated.
Price behavior in daily timeframes during the last 4 days has been positive and so far has shown a growth of 8%.
All the conditions are in place for good growth to continue.
Provided that the price can be closed above the current resistance number of 0.002735 in the daily time frame.
Good luck .
BNB lokes good in mid - term🔥Hello, dear friends! 🧡
Continue my hashtag #rocketbombquickidea for you🔥🔥
If you like such format of my quick analyzes, support idea with like 🧡. I'll try to find more opportunities for making 💰
Always in touch with you🧡
Sincerely Your Rocket Bomb🚀💣
This is why The Binance Coin (BNB) Won’t Stop Bullish RallyHey friends hope you are well and welcome the new update on Binance coin.
As in my previous post on BNB, I showed that the priceline of BNB coin has formed different harmonic patterns in US Dollar market and the Bitcoin market as well. Now finally by the grace of Allah the most high the price action has moved up and surged more than 98% and both ideas are executed perfectly as per their Fibonacci sequences as below:
Previous article’s Gartley move with US Dollar pair:
Previous article’s BAT move with Bitcoin pair:
On small time period 4-hour chart, since 27 Sep the priceline was moving in a bullish pennant. Now finally it has broken out the resistance and likely to move down to retest the previous resistance of the pennant as support.
The priceline of Binance coin is moving above simple moving averages with the time period of 25, 50, 100 and 200 and using these SMAs as support very well before the next rally.
On long term weekly chart the priceline is moving in an up channel as below:
On weekly chart it can be observed after March 2020 the price line of BNB has surged more than 420% and broke out the ichimoku bearish cloud. At this time the lagging span of ichimoku cloud is moving above the price action and the cloud as well. The conversion line has crossed up the baseline and this bull cross is still in play below the candlesticks of Binance coin price chart. The Ichimoku cloud is also turned bullish.
Conclusion:
All indicators and patterns from daily to long term charts are giving bullish signals. However, we should use the support of the up channel on weekly chart as stop loss to minimize the risk facor.
