After finding solid support just above the 200 mark in August, Binance Coin began a period of consolidation. This phase was followed by a break to the upside and a rise, fueled by a renewed wave of enthusiasm within the cryptocurrency market.
But, and there is a big BUT...
Looking closely at the recent price action we see that after the break of the...
The Binance Coin (BNBUSD) has had a major bullish break-out yesterday as it broke above the Lower Highs trend-line that was in effect since November 05. At the same time it crossed above the 4H MA50 (blue trend-line) but is so far being rejected on the 4H MA200 (orange trend-line).
This is a critical test as BNB has almost completed a full month of trading below...
The Binance Coin (BNBUSD) has been on a +85% rise since the June 18 low and only last week it hit its 1D MA200 (orange trend-line) for the first time since April 05. As then, the test has been unsuccessful and the price got rejected. The pull-back is so far contained above both the 1D MA100 (green trend-line) and the 1D MA50 (blue trend-line).
With the RSI on the...
Price formed a nice pattern for a long position. For the last 4 days, we squeezing near to the all-time high. And I think, it will be a good entry point only after breakout and retest to the key level.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your...
BNB is one of the strongest among all the coins. Price built a clear trendline. And now we have a chance for squeezing and slowly going to key level. If it happens, it will be a good pattern to break the trend. I expect this scenario. As always, entry point ONLY after breakout and only with stop-loss.
Write in the comments all your questions and instruments...
Long Trade Setup #1: Retest and Continuation (200MAs)
1. Price Action: Price needs to move back down to the 200MAs, currently projected to be @ $250-255 by the time price reaches it, and bounce back up.
2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming
DISCLAIMER: I am NOT a financial advisor and this post is NOT...
Hi guys! I will be sharing the trades that I take in real time, follow to see how my trades work out!
If you like this post, please support me by clicking the like and follow buttons. Also feel free to share your thoughts and analysis in the comments below!
And don’t forget to check out my daily analysis on Bitcoin, Ethereum, and Altcoins!
Trade Setups
Below...
Hi guys! I will be sharing the trades that I take in real time, follow to see how my trades work out!
If you like this post, please support me by clicking the like and follow buttons. Also feel free to share your thoughts and analysis in the comments below!
And don’t forget to check out my daily analysis on Bitcoin, Ethereum, and Altcoins!
BNB has been rallying...
Hi guys! I will be sharing the trades that I take in real time, follow to see how my trades work out!
If you like this post, please support me by clicking the like and follow buttons. Also feel free to share your thoughts and analysis in the comments below!
And don’t forget to check out my daily analysis on Bitcoin & Ethereum!
Trade Setups
Below are the...
Pattern: Channel Up on 1D.
Signal: Bullish as the price is close to forming a MA20/50 Bullish Cross after a rebound on the Channel's inner (dashed) Lower Low trend-line.
Target: 0.002200 (the inner Lower High trend-line) and 0.002400 (the outer Lower High trend-line).
Pattern: Channel Up on 1D.
Signal: Bullish as the price is trading above the 1D MA50 which is currently testing as a Support. Pending Golden Cross similar to January 2019.
Target: 0.0048.
Priceline of BNB / Tether US is moving within a falling wedge and now hitting the support of wedge and bollinger bands.
This falling wedge support should be stop loss in case of complete candle stick closes below this support.
MACD is strong bearish and stochastic is oversold but did not give bull cross so we can wait for bull signal from stochastic or from MACD...
Crucial crossroad for BNBUSD. The 1D Channel Up pattern is too obvious (bullish leg, low gradient consolidation, repeat) but may be "too good to be true" as the price is virtually on its All Time High set in January 2018.
If the short term trend continues (1D Channel Up) then the Binance Coin eyes 38.000. If the long term trend prevails then I am looking as a...
