Hey, I am back with another trade Idea.
This time looking again at BNB - Binance Coin from Binance.
Binance is in my opinion the best crypto exchange.
Binance Coin (BNB) is really strong and useful coin. Currently if you are holding some BNB on Binance and you are trading, you can use BNB tokens to reduce trading fees by half, which is great, Binance is also...
BNB has outperformed my expectations over the past few months. I sold quite a bit on a run up, only see BNB continue to fly. Considering Binance as an exchange and the structure of the token itself, I'm considering BNB as a longer term hold. I have been waiting for a good entry and one started to develop yesterday.
Will keep an eye on price action and look to...
For me, this is a clear Cup and Handle for BNB/BTC 1D timeframe
Target under 25000. If u buy now, profit will be around 59%, or u can wait to confirm uptrend with a breakout with profit around 51%.
Hey everyone, just checking in on BTC, BNB, and ETH against USDT on Binance. Binance is currently my favorite exchange because of those sweet BNB discounts on trading fees.
BNBUSDT saw some price dilution after BTC’s sudden run-up, I think people fomo’d out of it and into the generic 3 (ETH, LTC, BTC, LTC to a lesser extend). We formed a double bottom near the...
BNB seems to be in a corrective wave down trend in a 3-3-5 pattern.
It's retracing with the FIib pretty accurately, will likely find resistance at the .618 and then make it's way lover again for another 3 wave to the channel support and then up again, so forth.
If it begins moving upwards and testing the resistance, then we can have a breakout, but for now we can...
This is a companion chart to the cycle-level chart I published a few moments ago (Binance Coin (BNBBTC): End of first Cycle). It shows the micro-count for the current correction of BNBBTC.
We are in the corrective phase of BNB's first cycle. At the moment, it is unclear whether the correction ends after this last leg ... or whether this current correction will be combined with another corrective structure for a higher-degree combo.
Buy alerts using my Bottom Finder v8 script. Binance just bottomed as indicated by blue spikes. Price go back up generally after blue spike. Default settings rsi45 buy, 1hr period.
People are aware that BNB burn is nearby, but when Binance actually announces the date it will surely spark the price of BNB. After the burn rally I expect to see some decline but not a lot. We will need to keep an eye on BNBBTC chart. Look for any signs of Elliot wave failure or end of wave 5
An ascending triangle is a bullish chart pattern! RSI is in an uptrend. Wait for it to break out from the horizontal trend line to enter a trade!
This is not a financial advise, just a Noob doing some TA!
Lets see how it all plays out.
Charted-With-Love
Coinshodler
BNB has been very bullish since March. Within the huge triangle BNB looks to be riding a steep uptrend channel that is driving BNB to breakout from the triangle.
There are also technical reasons to be bullish on BNB.
Short-term standpoint: Binance's BNB buyback & burn is coming near. Expect around 4/15-30
Long-term standpoint: Binance has grown to be the no1...
$BNB is alive and well after previous rejection from ATH. If this double bottom holds, an ATH breakout is likely.
Optimal entry for bulls: 0.00175430
Optimal exit for bears: 0.00270000 (?)
![BNBBTC: Binance Coin (BNBBTC): End of first Cycle [15-minute time frame]](https://s3.tradingview.com/e/eNyU2iww_mid.png "Binance Coin (BNBBTC): End of first Cycle [15-minute time frame]")
![BNBUSDT: [BNBUSDT] Calling long](https://s3.tradingview.com/0/05ud22XB_mid.png "[BNBUSDT] Calling long")
![BNBUSDT: [BNBUSDT] Breakout is nearby](https://s3.tradingview.com/i/Inbozpj4_mid.png "[BNBUSDT] Breakout is nearby")
