BNB has been in a large parabolic uptrend, two falling wedge breakouts can be observed. Price is currently sitting at the lower side of the parabolic trend, good buy entry. Support zone listed in green. I have been seeing the pattern observed a lot for example ZRX has formed a larger version of this.
Great breakout from this flag that was forming over the last few weeks; also being followed up by some good volume. A daily close above 175 sats would be quite bullish, confirming this breakout and likely triggering a bullish continuation to our other targets.
Priceline of BNB / Tether US is moving within a falling wedge and now hitting the support of wedge and bollinger bands. This falling wedge support should be stop loss in case of complete candle stick closes below this support. MACD is strong bearish and stochastic is oversold but did not give bull cross so we can wait for bull signal from stochastic or from MACD...
BNB after long consolidation between 14.25 and 16.40$ break up channel up to 18.4$ resistance and was started ABC rejection (A 17.03 B 17.70 C 16.51) . BNB was started new bullish wave up and broke EMA line heavy resistance at 18.2$. Current price action above EMA 21,50,100,200 strong uptrend. Potential Resistance at 19.20 and 20.50$ price level. Volume: don't...
Hello, Traders! Monfex is at your service and today we overview BNB/USDT. On this chart, we see the support line to which BNB price is currently aiming inside the falling wedge. There I designated the buy zone ~ $ 10 as there is also a very strong trading volume, which acts as additional support. Share your thoughts, ideas about the market under the chart....
Relative Strength Index: The RSI is currently at a low 35 points. After dipping below the 30 points threshold twice in the past few hours, it's heading back down once again. If it stays above the 30 points threshold it will continue to drive the market down, if it crossed below the RSI will signal an oversold market and a rebound will ensue. Bollinger Bands: ...
Relative Strength Index: The RSI is currently at 34 points. That's definitely on the low side, meaning the market is approaching the oversold level. Bollinger Bands: The BNB price has been riding on the lower bollinger band for the past few hours. That's not a good sign as that means that bearish momentum is significant. Volume: There is moderate amount of...
it's not a bull wedge Don't fly in the clouds it's a bear cycle at BNB i sell half of all bnb I’ll leave the other half for a possible suggestion that I did not understand the schedule correctly maybe I'm wrong and the level of 0.002 is the strongest and can withstand the seller don't be fooled
$BNB Thoughts Until we get a weekly close above 30K OR a retracement to green support below, I will not long.