Take position after breakout and closing candle. It's just for education. I will be happy to use your comments.
Expect bullish price action on this coin as price is consolidating above 500$ psycho level, we are in a bullish market strucuture on a HTF + discount market area on fibonacci that makes a perfect buy entry, we have strong fundamentals on this coin as well. What do you think ? Comment below
BNB is in good position for short or even longer term trade. 3D chart is used for analysis because of better visibility of longer time period. With buying pressure present at current support level and stop loss just under recent lows, risk/reward ration is very favorable. Ever since big pump and expected dump after it, BNB is creating higher highs and higher...
Expecting the price to make another higher high above 700$ level, we are in a bullish market on a HTF analysis, price just made a retracemnt back into fibonaci discount market area and 500$ where we had a nice rejection of a daily bullish candle, due to uncertainty yesterday in the markets BNB didnt drop as much as all the crypto market (ex.BTC dropped 10% on...
Binance Coin price at support zone just moved above the S/R flip if bounce from here than it can be a good entry You can add some long from here.
BNBUSD and BTCUSD give me very similar vibes This is shown through structural formations and the ability to sketch a parabolic uptrend with the recent higher lows that have been presented The comparison is with 2017 BTC and its parabolic run Sometimes I find it strange how moves like this can repeat themselves (supposedly) It will be interesting to see how this...
Hello, guys! Let’s take a look at Binance Coin. It is looking good! Today we gonna answer the question, which target can BNB price reach? The price now is testing the daily Supply Zone and 1 Fib extension level for the last impulse. If the daily candle will close above the Supply Zone the road to the next targets will be unlocked. 1.61 Fib ($740) is the next...
Made 15% once the breakout happened in binance coin, i will still be holding it as i expect atlest 30 to 35% in this coin within a week time
BNBUSDT Technical Analysis Update BNBUSDT currently trading at $466 Triangle formation Long Entry: $450 - $470 TP 1 : $525 TP 2 : $600 TP 3 : $750 TP 4 : $1000 Max leverage : 1x or buy it on spot market Always keep stop loss
The supply zone is a strong support area. I don't think this area will break. In the area I indicated in the green circle, single-digit prices will work as support. for exp 400-390-380 etc. Supply zone should be protected by following btc. If prices continue to break down within the BNB supply zone area, but btc is up-trend signaling , this zone is safe. Rsi...
A comparison idea between BNB and BTC Two stages of rapid growth separated by a bullish rising wedge I foresee BNB continuing its upward growth, as BTC did
BNB has presented a double bottom on 2.618 This is a very strong position for the bulls Very likely price goes up from here
Binance failed to close higher and corrected 10% after trying to make a new high. Bnb has now broken the local trend line and tested it as resistance. If the price tests the broken trendline again as resistance, it could be a good selling opportunity and the price will likely go lower. The closest area where there could be enough liquidity and Bnb will stop is the...
Yesterday Binance tried to renew the local high at $316, unfortunately, it failed, and after reaching the high BNB rolled back by 8%. A triangle is forming on the chart now, and at the moment I see two options for price movement! 1) If the price reaches the lower boundary of this triangle and trades near it, it could mean that the price is likely to break this...
Hi guys, this is OG back with another market update. If you find value in my work, please do like, share, and comment. And also feel free to share your ideas and technical analysis in the comments below. BinanceCoin (BNBUSDT) is forming a potential double bottom with the neckline at 305. If price breaks above 1. 40 with strong volume , I will be looking to take a...
BNBUSDT is testing the neckline of the inverse head and shoulders pattern at $355-360. Bitcoin has already broken out of the inverse head and shoulders , so lets see if BinanceCoin can follow. A break above $360 with good volume could be a good place for a long. That said, right now there is the 200MAs serving as resistance, so price needs to break through that;...
Binance Coin suffered rejection before hitting $440 last week. The bearish price action superseded a recovery move from the crash to $210 in May. As sellers regained, the bulls' focus shifted to securing higher support, perhaps at $400 and $380. However, declines soared, with Binance Coin plunging below the 100 Simple Moving Average (SMA) and the next tentative...
BNBUSD gave a bullish breakout over the sideways congestion, with immediate target zone seen at 425 with next at 485/525 short term. Near term traders may place 378 as stop.