Binance Coin (BNBBTC) tends to move inverse to Bitcoin (BTCUSD).
Right now we see that Bitcoin might have peaked and at the same time we see a hammer candlestick on Binance Coin (BNBBTC), a bounce can happen here.
Here are the two main scenarios I am looking at:
1) Bitcoin drops and Binance Coin (BNB) moves up, following the green arrow. A close above EMA10...
1. BNB entering its 3rd day of consolidation, clear bear volume decline can be observed in daily chart.
2. Bulls are using EMA'S as support, bulls defending EMA 26 aggressively.
3.Daily inside bar still intact and waiting for a break to confirm price direction.
For more details regarding the inside bar check:...
U should think twice before buying BNB right now. of Course Binance made his coin strong and binance chain make peoples FOMO's a lot but..
1 Day indicators are maxed overbought.
Almost reached last 2018 ATH around 26$.
would be sage to wait a retrace to 20$ before buying it or wait for strong breaking 30$+.
When u miss the train don't try to jump on it while it...
The market made a good upward movement and reached ATH. We have a resistance zone between 24.00 and 25.00 levels and the 1st attempt to pass this zone. More likely that the price will bounce and correct the previous movement. It will be logical if we can use this word and this market together. For confirmation of the price reversal we need to wait for the close...
ENJBINANCE:ENJBTC has had all the hype with the confirmed samsung wallet a few weeks ago. Now I would like to see a run up to 4500 area. Stop at 3100-3200. If this level is broken, i’m not interested in buying back until around 2200.
. BasicAttentionToken/BinanceCoin is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 51.
. There is a possibility of temporary retracement to suggested support zone (0.01470 to 0.01200). if so, traders can set orders based...
Hello friends, followers, traders and haters.
∆ Binance coin showing strong breakout from downtrend. ∆
Look at chart it is shown on 2D timeframe!
⁍ RSI from 25 Nov till 13 Dec 2018 showing Bullish divergence, so we are waiting for RSI reach Overbought area near ±70-80 level.
⁍ Price targets can be found using Fibonacci Retracement tool, you can use...
1. BNB has been pulling back for the past two days, no red flags as of now just a healthy pull back to cool down the indicators.
2.Keeping an eye on the Mainnet (tomorrow) launch to see if this is going to cause by the rumors sell the news type of scenario, if so I expect bulls to defend and a bounce back given how strong this uptrend has been....
EOS seems to be painting at the rhythm of Binance Coin, i suspect the same hands behind BNB pump will be behind EOS upcoming pump.
Also EOSETH as i posted earlier is showing signs that EOS will gain much more capital than ETH.
The idea is based on the repeating pattern - after each token sale on Binance Launchpad, Binance Coin (BNB) starts to grow up.
A simple proportional calculation gives 45.61% movement after Celer Network token sale (19.03.2019). Thus, BNB will break out the June Resistance line. I suggest a downward movement until token sale date - the same happened before...
It has been a while since my last analysis, life has been work busy. Today I decided to take the time to sit down and do some analysis for those of you interested in what I have to say. With that being said, using all of my techincal indicators and data, I have been swing trading BNB/USDT and TRX/USDT for the last several weeks with much...
Binance BNBBTC is looking bullish here (video on this youtu.be). Volume is strong and we had a brief break of previous high.. I would wait for a pullback to the .5 fib before considering going long, or preferably waiting for the next leg above this resistance level and next pullback for a long entry.
Don't get me wrong, I love Binance and Binance Coin (BNB) too, but the charts are telling that this amazing exchange token is going to continue dropping.
Remember to hit like so that we can get started... Ok!
Binance Coin (BNB) had a really strong rally that started in late November 2018.
This beautiful altcoin went on a massive run and generated over 110%...
- Monthly candle most likely to be an inside bar.
- Daily exponentials acting as support.
- Hammer on daily chart formed yesterday, marking possible bottom of the pullback, but no followthrough yet.
- Bear volume showing a decline on daily as well.
- 1hr oversold RSI giving excellent entries.
Unfortunately the pennant formation broke bearish, yet...