A great idea is to trade the ending diagonal in the wave (C) of of "iii". The stop is marked with an orange level, the target is in the turquoise (blue) rectangle. The risk/reward ratio is excellent, so I see no reason to skip this deal.
BNBUSDT refuses to go down, almost like a very valuable commodity this thing just keeps its value even when BTC drops like a bag of bricks. I have a buy order waiting for it around the 200MA (The black line) during a sudden drop of BTC this coin may generate a long wick that will reach all the way down to $23.50 before continuing a slow but steady climb to $50.00...
Under the pressure of BTC dump, BNB moved on the bad case and the next dip if 25$-25.5$. We can sell your BNB and wait it at this zone
Accumulate : 25-25.5$
Sell : 26.5-28$
Mid-Hold : 30.5$
Long-Hold : 31.75-38$
Stop : Under 25$
Hi, today we are going to talk about Binance Coin and its current landscape.
The Binance Coin is in one important uptrend line. If it occurs a breakout of this line, it's expected a correction. Those two supports are vitals to a soft correction. Losing these levels, we can expect a massive selling pressure
Thank you for reading and leave your comments if you like.
Here we have BNBUSDT 1W chart.
previously talked about bnb in two ideas here below:
1st had a bullish bat
2nd which was so importnat talked about cup and Handle pattern.
Now we have a golden level for...
Today analysis BNB coin
I can say a lot of good words about CEO binance CZ, about the team and the strategy for promoting the exchange and their coins, but I look at the chart and now I will explain what I see and why.
BNB is one of the most liquid coins on the binance exchange, because of...
$BNB - the coin has formed a bullish diamond. This is the pattern that tells about a continuation of a current trend, in our case, it is an up-trend. History tells us that BNB growth trigger Binance IEO coins and they are pumping too, so I want to consider all of them now.
$BTT - the coin has broken through the resistance and takes hold above one, we can consider...
The priceline of Binance Coin / TetherUS has formed a bullish BAT pattern and entered in potential reversal zone.
We have 100 simple moving average support in PRZ area which will help the price action to take the bullish divergence insha Allah.
Volume profile showing weak interest of traders.
Stochastic RSI is oversold and giving bull cross.
Bollinger bands is...
There are 2 bullish scenario's at play due to BTCUSD's impending drop:
-BTCUSD's impending drop will move BNBBTC's price up to the top of the flag at 40,000 sats
-Bull flag play's out and we are going to 60,000 sats