- BNB sound dangerous with all the FUDs made by US government. - But Binance is still from far the first exchange in the world by liquidity and trades volumes. - they won't let go BNB so easily. - it's still an easy trade for now if u play it wisely, and with strategy. - No Danger, No Glory. -------------------------------------------------------------- Trading...
If you haven`t sold BNB here: Then you should know that BinanceUS, a part of the biggest crypto exchange Binance, has made an announcement regarding changes in its operations. Going forward, the exchange will cease accepting U.S. dollar deposits, and customers will soon no longer have the option to withdraw dollars from the platform. This decision follows a...
Binance Coin should stop acting so coy regarding the magenta-colored zone between $278.90 and $245.40. We expect the altcoin to dive into this area to finish wave (2) in magenta before turning upwards again. Alternatively, there is a 33% chance that Binance could have already concluded wave alt.(2) in magenta and might thus climb above the resistance at $358.60 to...
Right now you can take this position for TP1 and TP2 profits.
It's just for education. I will be happy to use your comments.
Are you prepared for Huge Coin Burn ??? a Big JUMP too soon
This is a bullish sign, but more buy volume is needed to get the bull run of the last few days back on track
As the volume has decreased it has failed to make contact with the top line, although it hasn't fallen as far into the red zone as before either
Volume needs to increase in the next couple of hours to maintain support at this level
RSI is still around the overbought zone but volume is dropping
Although it has reached an all-time high once again, the gains over the last couple of days are unsustainable
Without breaking out of this descending channel, Binance Coin will remain bearish
When the recent all-time high of $352 is not taken into account, $349 is the highest support level that has been achieved. it's possible that Binance Coin could regain support at the $349 level, although this would probably require a surge in buying volume that has not yet taken place.
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (280.6150). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BNBUSD is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...
Midterm forecast: . While the price is above the support 15.015, resumption of uptrend is expected. . We make sure when the resistance at 18.880 breaks. . If the support at 15.015 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: . The RSI downtrend #1 is broken, so the probability of resumption of uptrend is...
Midterm forecast: . While the price is above the support 15.015, resumption of uptrend is expected. . We make sure when the resistance at 18.880 breaks. . If the support at 15.015 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: . The RSI downtrend #1 is broken, so the probability of resumption of uptrend is...
After a successful formation of Cypher pattern the priceline of Binance Coin / Tether US has formed a bullish butterfly. RSI is oversold. But MACD is still strong bearish and Stochastic is oversold but did not give bull cross sofar, so for safe trade we can wait for MACD to turn weak bearish or for bull cross from Stochastic. Buy between: 21.8950 to 18.9617 Sell...