First of all, we would like to apologize if you are BNB bull and this trading idea made you shaking or you already have a panic attack.
But let's be honest now! BNB pumped like crazy and didn't give it back yet in the current bear market.
Is it impossible for BNB to drop to $45 area? Probably no. It would be 93 % drop. In 2019 bear market ETH dumped over 94 %....
By reviewing the November 27th analysis of BTC , we can see that we had 2 scenarios, and one of those scenarios was collecting BUY STOPS liquidities above $17,000, and this is exactly what happened, of course, the bearish scenario of the last analysis failed! Currently, we have two Institutional supports, one is $16,900 and one is $16,500! If the price...
Hello Dear friends
If the $254.8 range is completely consumed, the possibility of seeing lower areas is strengthened.
It seems that we have the main reaction to form a downward trend to the $200 area from the $366 range.
If the $254.8 range holds, the above view will expire.
We would be happy to hear your comments.
#BNB/BTC Technical Analysis:-
#BNB currently trading around 0.017BTC
And It’s All Time high Levels since it Launched.
Almost 57800% ( 578x ) up from Bottom within 5 Years so This is Huge Returns.
Now I am expecting Big Crash in #BNB/BTC
Hope You also Ready and Save your fund.
IMO I am expecting -80% Retracement from here.
I think This is Best time to Exit...
I want to congratulate to CZ and his team for building such a productive ecosystem that has worked perfectly during the Bear Market. Today we're going to discuss BNB/BTC chart on Weekly time-frame.
At first glance at the chart, you can find out not only BNB wasn't bearish in bear market comparing to Bitcoin, but also it has acted super bullish. BNB has has grown...
#BNB/USDT Bull Run Technical Analysis:-
$BNB currently trading at $280 which is almost ( -62% ) down from Its ATH.
It went down to $183 and Recovered fast.
Supper Bull Flag forming in Weekly Time frame so I am very Bullish in Long Term.
But now Market Conditions are is good so I am Not expecting this is Bottom of $BNB
IMO $BNB Bottom will be around $100 ( If...
As you can see, the price moved below the level of $15,600 and after collecting liquidity, it faced buying pressure and was able to grow to $16,660. Now the price is in a supply range and can move again to lower levels (FVG), this demand zone is between $15,800 and $16,030, and the important bullish order block will be between $15,470 and $15,800! If a new upward...
There is a Trading Signal to Buy in BNBUSDT Binance Coin
Traders can open their Buy Trades NOW
Rank : ⭐️⭐️
⬆️Buy now or Buy on 265.4
⭕️SL @ 257.9
🔵TP1 @ 286.3
🔵TP2 @ 311.2
🔵TP3 @ 348.9
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku ,...
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...
We are looking at the weekly timeframe for Binance Coin (BNBUSDT).
Notice the huge red candle on the 7-Nov. week.
This is a full bearish candle with the highest volume since May/June 2022.
This one candle cancelled three weeks of growth.
It sent BNB below EMA50, below EMA10 and EMA21.
The week that followed was a bearish confirmation, we see the EMA10 rejetion...
The BNBUSDT price is behaving well, BNB buyers show that they are in control of the situation on the market, and the price itself is 30% above the minimum, which was set in June 2022.
Such a combination of facts taken from the BNBUSDT price chart provides good conditions for placing an order to enter a long position under the following conditions:
BNB 4H support is at ~$286
Enter 50% at the current price
and try to set some BUY orders near the support zone
If BNB stays above the trendline,
the Take-Profit target would be 5%, 10%, and 15% from your entry