Binance Coin (BNBBTC) tends to move inverse to Bitcoin (BTCUSD).
Right now we see that Bitcoin might have peaked and at the same time we see a hammer candlestick on Binance Coin (BNBBTC), a bounce can happen here.
Here are the two main scenarios I am looking at:
1) Bitcoin drops and Binance Coin (BNB) moves up, following the green arrow. A close above EMA10...
$BNB retraced to 1st support after breakout...
If you were looking opportunities for accumulate #BNB this are the levels/oportunities that you should be looking for..
BTC hodling above 5350$ will have a great influence if more pain will be seeing on alts in general...
U should think twice before buying BNB right now. of Course Binance made his coin strong and binance chain make peoples FOMO's a lot but..
1 Day indicators are maxed overbought.
Almost reached last 2018 ATH around 26$.
would be sage to wait a retrace to 20$ before buying it or wait for strong breaking 30$+.
When u miss the train don't try to jump on it while it...
Hello friends, followers, traders and haters.
∆ Binance coin showing strong breakout from downtrend. ∆
Look at chart it is shown on 2D timeframe!
⁍ RSI from 25 Nov till 13 Dec 2018 showing Bullish divergence, so we are waiting for RSI reach Overbought area near ±70-80 level.
⁍ Price targets can be found using Fibonacci Retracement tool, you can use...
This is trade is for the next 48hrs BNB all the moving averages and bullish divergence on the RSI with a nice channel forming we should see BNB keep pushing upwards. Remember what John McAfee said "Decentralized exchanges, when fully functional, will mark the end of any potential control by governments and will be the beginning of the largest economic boom in...
287 days ago Binance try to break this resistance with failured. Today this coin try to break it again.
If we have one full candle (daily timeframe) success to break $18.29 resistance, we have 45% bullish projection at $26.5
If this resistance cannot break, we have support line at $14.41
* this is long term projection, not a quick rich scheme.
What if... we continue the bull flag?
The measurement of a bull flag is telling us, that the target is the length of the first leg, measured from the trigger out of the flag.
Big Target for 1 BNB around 162$
Of course there is going to be turbulence at the ATH. But we have high chances to break it, because who wants not to be part of Binance nowadays?
#BNB $BNB (Binance Coin)
In Weekly TF...It's Looking Bearish & It Can Test Previous ATH ( 260-270k Sats )
And In This Process It Can Take 3-6 Weeks...
But Overall I'm Bullish On #USEBNB ..
Strong FA...Lots Of Upcoming Events Can Boost BNB..
My Midterm Target is 0.01 BTC.
BNB/BTC looks to be very bullish here. Good potential t/p's are indicated by the higher up yellow lines, with the circles indicating my reasoning.
Target 1: 0.00472
Target 2: 0.00584
Target 3: 0.00716
Target 4: 0.00962
Blue triangle indicates the current range.
Green box is buy.
Red box is sell.
Blue line indicates major resistance.
Yellow line indicates...