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Bnbbtcshort

BinanceCoin (BNBBTC) Potential Rejection and Short!Hi guys, this is OG back with another Bitcoin update. If you find value in my work, please do like, share, and comment. And also feel free to share your ideas and technical analysis in the comments below. BNBBTC is testing the 200MAs on the 1H timeframe for the 1st time since price broke down from the 200MAs. Price typically bounces on the first retest of the 200MAs after an extended move. There is initial rejection right now, but I am waiting for price to close below 0.009340 with strong volume before opening up a short position. Check out my technical analysis videos for more in-depth analysis and trade setups for Bitcoin, Ethereum, and Altcoins. Why follow? 1. Community of Technical Analysts sharing analysis and trades 2. Live tracking of whale wallet movements 3. Live update of the latest important news 4. Live syncing of popular crypto tweets 5. Ebook covering how to be profitable in the cryptocurrency market As always, I’m not a financial advisor, all information presented is for educational purposes only and not meant as financial or investment advice, do your own research, and stay safe!
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by cryptotraderog
BE VERY CAREFUL FOR DOWNTREND!Bnb seems to not affected by much needed retrace in crpyto markets which is not a good sign! One should be very careful with bnb trading if they are long bnb! Bnb is very close to the ATH area and highly overbought right now. Volume is decreasing a lot lately and BTCUSD pair is trending downward hard. Therefore one should not buy from this area and should start taking profits! I expect BNB price to retrace 0.008 areas for healthier uptrend. Right now price action is too hot and volatile. This mean money running from BTC and coming to BNB but if BTC keep losing its value people can panic sell that can lead to huge loss in altcoins! Be very careful and let the price consolidate or even retrace a bit.
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by thegreatwall38
BNBBTC Rather BULLISH THOUGH VERY VOLATILE SET STOPLOSSESTechnical Analysis Forecast for Short-Mid on BNBBTC is as follows: As always 18465s is your main figure, the STOP loss you should set before making any other bold moves TP1-3 is labeled accordingly with green horizontals with 19480s as your SHORTSELL TP1 TP2 & TP3 == 20710sats // 20898sats respectively , CONTINGENT on whether we can break S1R1 S2R1 S2R2 as indicated by yellow resistance horizontal & blue pivot/support horizontal. On the short-term; I'm very BULLISH on BNB , and 19480 is looking like a low risk low reward safe target for now yet if you're a more aggressive trader by all means wait to see how/if we retest the support needed to cross to next resistance threshold; as always be very careful with pairings as they can be tricky indicators can mislead you as BTC needs to parallel BNB priceaction for steady growth HENCE why I cannot stress enough the need for stop-losses! Overall, BNB is a safe investment -- being in the top 25 market cap; the largest exchange on Earth, there was a time barely 2Q ago where BNB was hovering around a mean price range of 24-26$ and even at that price its still considered bullish, with plenty of room for growth as more users adopt crypto/learn about blockchaintech. BNB has and always will be a major portion of my portfolio -- I support CZ, the charity initiatives by Binance Angels & Academy, & the lack of greed by the development team as men like CZ are genuinely interested in global adoption & not lining their pockets. I would highly recommend an entry to all you EMA swing-traders if you're not HODLing already. Disclaimer Not Financial Advise. -@a1mTarabichi Happy Holidays / New Years!! m.T.
by UnknownUnicorn3861629
BNBBTC inverted head and shoulders SHORT-MID 21334 PIVOT 21441 TP 20455 STOP Inverted head and shoulders signals parabolic short - mid forex signal on BNBBTC pairing; while I did mention in my previous publication a buy signal from B&B (around 9AM EST with price hovering around 19850s) as we’ve seen a steady stream of volume accumulation, coupled with the INVERTED H$S Indicator , It’s clear to see that this train is not stopping anytime soon and depending on how aggressive you are you can take profit at higher Fibo levels; though I would highly recommend sticking with the ones I’m suggesting based on my own research. Disclaimer Not financial advice - @a1mtarabichi
by UnknownUnicorn3861629
BNBBTC volume accumulation looks positive with bullish outlook TP1/Pivot: 0.0022823 TP2: 0.0023000 (SHORT) TP3: 0.0023125 (SHORT/BULLISH) TP4: 0.0023303 (SHORT/BULLISH) Stop @ 0.0022611 BNBBTC = undersold & looking fairly bullish in the short-mid frame; if you're bullish now is not too late to take a position...don't FOMO or FUD Disclaimer NOT FINANCIAL ADVISE TRADE responsibly. Don't invest what you can't afford to lose. TradingView/Twitter/Linkdeln/StockTwits Same handle as above
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by UnknownUnicorn3861629
BNB needs to retrace a bit before it can go to new all time highI expect BNB to go down to at least the weekly level here. So if you are trading on bitmax i would definitely be shorting it to that level if it was me at that weekly level i expect BNb to have a decent bounce as a minimum reaction for a long will it make ATH's from there? it is possible altho i do not think so. I think it has to go down to 1 of those 2 big daily S/R levels preferably the bottom one. If it doe that i would personally be loading up hard on longs
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by Civel