Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the ICP symbol. I think it still has the potential to fall and will go below the bottom of wave A. I still have a bearish view on BNB For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to...
With the low of wave (2) in magenta, Binance should have finished a longer descending phase. Thus, we expect the altcoin to advance significant upwards movement, heading for the resistance at $398.20. This mark should be conquered in due time, so that the top of wave (3) in magenta can be reached. However, a 30% chance remains that Binance could slip below the...
Hello traders, I want share with you my opinion about Binance Coin. By observing the chart, we can see that price bounced from the resistance level, which is located in the seller zone, and fell firstly to the support level, but soon Binance Coin declined lower to the buyer zone. A few time later price declined more to the support line, but at once rolled up and...
Hey there,✌ ◼In the 4-hour timeframe, the price is currently trading around the $246 range. The scenario we can consider in the 4-hour timeframe is as follows: If the support zone at $242/ $240 is held, we may witness price growth toward the resistance levels at $248 and $250. 💹 🔹To better understand the continuation of the price movement, we need to observe how...
Hi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊 After price bounced from resistance line of triangle, it fell below support area to support line, thereby breaking $255.0 level. Then price made upward impulse to resistance level and when price reached it, BNB bounced down to support level. Also, price exited...
BNBUSD is trading inside a Channel Down pattern and today crossed above the MA50 (1d) for the first time since May 8th. A (1d) candle closing over it, confirms the expansion of a rally that started on the same level (Support 1 at 220.00) as the December-January rally. Trading Plan: 1. Buy if a (1d) candle closes over the MA50 (1d). Targets: 1. 340.00 (Resistance...
BNB has experienced a bullish breakout from the accumulation zone formed at the bottom under the hourly timeframe. This breakout has generated a positive sentiment in the crypto space, suggesting potential future bullishness. As a result, it is likely that BNB will continue its upward trajectory, surpassing the $300 mark in the near future.
Hi guys, this is my overview for Binance Coin, feel free to check it and write your feedback in comments👊 Recently price bounced from support level, which coincide with support area, and made upward impulse to next level. After Binance Coin reached this level, price broke it and rose higher of resistance area and later started to decline in falling...
💎 BNB is poised for a significant shift as it has been exhibiting sideways trading behavior for the past month. Currently, it's trading in a high-demand zone, indicating a potential trend shift. 💎 Moreover, it maintains a robust stance above the 50-day Exponential Moving Average (EMA), and the Relative Strength Index (RSI) also stands above 50, both of which are...
Greetings, fellow traders and investors of @TradingView 📈🚀 Today, let's dive into the analysis of Binance Coin (BNB) and explore its recent price action within a consolidating triangle pattern. 📊🔍 Over the past 34 days, Binance Coin has been consolidating within a triangle formation, indicating a period of indecision in the market. Notably, the prevailing...
BNB to bitcoin. Logarithm. Time frame 1 month. Idea for understanding the main trend, secondary trends. The accumulation and distribution zones of a given asset of the most liquid and popular exchange (this is the main thing, the direction of thinking of the masses at scale). Setting trends in the crypto market. Reaching the resistance of the inner channel (bull...
The main trend (part). Timeframe 1 week. Cup 150% Reversal zone. A cup with a base of about 150% has formed in the secondary trend. The price is now at its resistance of 666. The 666 zone is an important reversal/trend continuation zone: 1) Not overcoming and formation of a horizontal channel (low probability). 2) Continuation of the trend (breakthrough and...
Hi folks today I'm prepared for you Binance Coin analytics. A few days ago price bounced from the trend line and made a strong downward impulse to the support level, which coincide with the support zone, and even later declined lower. But soon, the price rolled up and rose to the resistance level, and then made a correction to the support level. Next Binance Coin...
During the past week, BNB experienced a lack of demand and faced significant negative reactions when it reached the resistance range of $248-254, specifically at the daily 0 Fibonacci level. This break in the short-term upward trend line indicates a negative signal for a potential decrease, suggesting a return to the support level at the bottom of the channel. As...
Monthly Chart Binance Coin ( BINANCE:BNBUSDT ) is trading around $236 now. It's dropped from $398.3 and in accumulating Look back to the history. I see two drops on Jan 2018 and Jun 2019, both of them has the same percent are about 83.64% and 83.89%. History usually repeats itself! I wonder how's about this time? Now, BNB/USDT in Descending Channel...
Hi guys, this is my overview for Binance Coin, feel free to check it and write your feedback in comments👊 A few days ago price declined below $255.5 level, which coincide in resistance area and fell to support line of triangle. Thereby BNB broke support level with area, but soon it made impulse up to resistance line. Next price declined to support line again...
TLDR: • BNB is on the verge of breaking out the range high in a possible Double bottom reversal. • Above the range high is a supply zone between 256 – 266 USD. • I consider this supply zone as another layer of resistance. • Wait for a retest of the range high as support and for green dots on the TTM Squeeze indicator before betting the farm on BNB. ...
Hi folks today I'm prepared for you Binance Coin analytics. A few days ago price bounced from 225 point to the resistance level, which is located inside the resistance zone. But in a short time, BNB declined below the support level to the support zone. Next, Binance Coin started to grow to the resistance level and even rose higher to the trend line, but at once...