Timeline of events and market forces affecting BNB price.
BNB - lots of good news recently. Binance had a lot of problems recently with hackers, fud from Japan and system failure. But they went through with transparency and fast decision making process. Decentralized exchange integrated into their platform, coin burn, relocation to Malta with warm greetings from Malta PM, new coins and future own blockchain. It reached...
Signal for BINANCE:BNBBTC To trade I place 3 orders. If the order wasn’t executed, I remove it at the end of the week and see if there are other opportunities for same pair. If order was triggered I keep it till the SL or TP. Order could be modified as well depends on the market, if so I will update the trade with the comments. 1. 1% Order @ 0.0015507 SL:...
Fundamental analysis of the BNB price movements.
Binance Coin recently has been showing one of the strongest rises against the Bitcoin. Since 9th of March price went up from 8300 satoshis up to 16700 satoshis, gaining over 100%. The trend remains heavily bullish as price continues to produce higher highs and higher lows. Currently a correctional wave down is taking place, which has found the support at the 3/1...
PAY ATTENTION TO THE RSI HISTORY IN RED. Every time we had overbought conditions we went down. Sentiment seems positive, but still be carful. IF the price of BNB definetly goes above the 2nd resistance line, there is definetly something bullish going on.
BNB has been forming a nicely sized bull pennant over the course of the past week. And now we are at the completion of the formation and the tight squeeze. It is rather comforting that BNB has remained relatively stable during the btc price volatility over the past day, and volume remains very strong and constant. Hovering right along the ichi cloud and well...
The chart above is a 4h timeframe based, then I zoom into 1h timeframe . Viewed on the chart, ICX has broke the 50.00% Fibonacci support level . It's time for ICX to price testing at 61.80% Fibonacci support level . Can this be a good time to buy ICX? Seen from the indicator RSI and MACD which still indicates the movement of candle will still continue...
Binance Coin (BNB) looks very active recently gaining significant power relative to ETH. Possible breakout in BNBUSD is also possible soon. Keep close attention on it!
Binance coin (BNB/USDT) made a pullback down to the support level around $11 and started trading higher. As long as the ascending trendline is holding as support and no horizontal support levels are broken price is likely to trade up to the 15$ resistance level and beyond. If price starts breaking below the trendline it's best to see whether any horizontal...
Buy: 27432 - 29598 Satoshi Sell: 33100 - 35859 - 37563 Satoshi Stop Loss: 25681 Satoshi GOOD LUCK!
BINANCE COIN LAUNCHED IN NOVEMBER 2017 BUT EVEN THIS DEARTH OF DATA IS ENOUGH TO SEE AN UNUSUAL PATTERN LIKE MOST COINS, BTC IS A LEADING INDICATOR, VERY HIGH CORRELATION. HOWEVER, BINANCE CAN APPEAR TO BE A LEADING INDICATOR FOR BTC AS WELL. FURTHER, WHILE BINANCE DIRECTION IS VERY SENSITIVE TO BTC, THE EXTENT OF MOVES IS GREATER. OVER THE COURSE OF DAYS AND...
BNB/BTC moving in the channel by Elliott waves (12345) Now I see some short position(short-term) In long-term - Five Elliott waves(long)
Binance coin rallied from the support area around $8,00 and has no sign of pulling back. If the rally continues to be as strong we can expect price to reach the next resistance level around $23 and possibly go beyond the all-time highs. If we see a pullback we can expect the previous resistance level around $12 to hold as support and the rally to resume. Good...
Binance Coin BNB available at Binance (of course :) ) It has recently broken upwards through some downward trend lines. You can buy this with BTC or USDT or other coins on the BNB exchange. There is upcoming resistance at the fib lines as pictured on the chart. Prices below are for USD but you can calculate with the currency you want to use Entry $9.00 -...
Hey, I am back with another idea. This time on BNB. Binance coin has seen its breakout few days ago due to exciting news with its own blockchain. Now we are looking at Pennant, called descending triangle. "The descending triangle is another continuation pattern, but this triangle is a bearish pattern and is usually created as a continuation during a downward...
BNB has formed a bull flag on the 1 day chart. We also just bounced off the 50 day Moving Average. I'm betting we break upwards within the next 2 weeks as the Q1 2018 earnings/burn announcement approaches.
Binance coin made a pullback yesterday as it hit the resistance level around $11. As long as the support area around $9.50 hold price we can expect a new rally towards the resistance and potentially $14. If price starts falling down below the support area even though the fundamentals are good, it is best to sit on the sidelines before the bulls take control once...