Hello folks! I've already said that one time , i'm not so confident about the macro patterns , at least not always , sometimes in my opinion these patterns are '' forced '' from the traders. This time looks clear , remember that's not a financial advice ! A good entry would be around 9k zone . Keep an eye on it!
4h timeframe let's see another nice setup. Broke triangle , waiting for a retest and then long with a tight SL . Have a nice day traders and take care of your money ! Don't take that like a financial advice , remember that!!
Today is really a nice day! STORM is moving inside a triangle , would wait a breakout before to take any position on it , i've printed the risky entry and a safer entry that might be perfect for this coin. The next days will be interesting so keep your eyes opened folks!
Binance, who doesn't know Binance if you trade crypto. The largest crypto exchange in trading volume and expanding rapidly with good fundamentals. If you believe in crypto longterm and you want to diversify your portfolio wisely, then Binance coin is not a bad choice! Compare to a lot of coins, BNB/BTC has been legging a bit since the recent BTC bull run....
Taking a peak at the Binance Coin volume. Looks like it's been steadily falling -- while price has remained the same. On the 4-hour chart: 50 EMA of volume just crossed the 200 EMA not too long ago. Would think price follows soon.
Basic idea for the chart: when it’s bullish, best to hold Binance Coin. When it’s bearish, best to hold Monero. After a retrace to the .618 fib level, Stoch RSI is reset and target is now the 1.618 level (or Binance Coin to be worth 1/10 of XMR).
Hi all, here are my bnb chart. We are in the botton of the rising wegde, i then now expect a target for 17250 sat. :) If, we fallow the macd bar, then i should now go up again :)
Basic idea for the formula: when it's bullish, best to hold USD or Bitcoin. When it's bearish, best to hold the altcoin (in this case: Binance Coin). The chart looks fairly bearish, Stoch RSI is plummeting, and really the only fibonacci level in the way: all-time highs. Should be good news for BNB holders.
BNBBTC is forming a very bullish formation on daily timeframe - Continuation of Cup & Handle with a perfect retrace to .618 fibonacci and also a semi ascending triangle. Why semi? Basically a strong ascending triangle is one the has touched the ascending trendline twice. However BNBBTC has shown strength in the past days and therefore hasn't touched the ascending...
Buy: 0.0001470 Satoshi Sell: Target 1 - 0.0001682 Satoshi Target 2 - 0.0001748 Satoshi Target 3 - 0.0001813 Satoshi Stop-Loss: 0.0001145 Satoshi GOOD LUCK! :)
Buy: 0.0001524 Satoshi Sell: Target 1 - 0.0001753 Satoshi Target 2 - 0.0001895 Satoshi Target 3 - 0.0002010 Satoshi Stop-Loss: 0.0001186 Satoshi GOOD LUCK! :)
BNB was pretty much the first altcoin to break out and has now had it's major pullback. Right now I'm looking for Multiple Bullish divergences without closing below the bottom of the light blue support line. I am setting my targets near the bottom of the projected Ichi cloud (double settings) and a resistance line.
BNB/USDT setting up to breakout soon. It's tested that resistance level multiple times and volume is looking good. This is my short term play.
Binance is working on some exciting new features. It'll send the BNB coin soaring.
Potential H&S forming on BNBBTC. Confirmed if breaks neckline shown, with distance from top of head to neckline marked in horizontal line. Volume profile hard to read but looks consistent with how it should be acting via John Murphy's TA book. Trade actions would be to buy on a rejection of the neckline, or if confirmed by falling through it at the target line....
In this video I see 3 separate butterfly patterns... I has played out, 2 have still to play out. I am using the smaller of the 2 remaining Butterfly patterns to get in while targeting the 1.272 & 1.618 extensions of the larger pattern. Entry will likely be on April Central Pivot but will update once price gets down to that point.
On the chart we can see the ascending triangle and the double bottom ( the blue circles ) it's the good signs for continue the movement ENTRY The breakthrough of the triangle
I see a falling wedge and bullish divergence @ macd histogram. This could be a good chance for a breakout from falling wedge. Fundamental Tips: support.binance.com (Coin Burn happened 7 days ago.) Profit Targets: 0.0014938 0.0015135 0.0015404 0.0015815 Stop loss: 0.00144 Have a nice weekend, Berk