RSI not looking Bullish for BNBBTC. Correction due.
First Chart! TA Newbie! Let your comments be friendly! $BNB is looking juicy. - RSI looks great, it has found support on 60 and its pointing up. - BNB keeps on respecting the uptrend lines. - Bullish Pennant shows that the bulls are about to go charging again. Lets see how it all plays out. Charted-With-Love Coinshodler
LEGEND: RED - Resistances YELLOW - possible support/resistances LIGHT BLUE - Trend Support It looks to me like BNB has finished a 1-3-5 Motive Elliot Wave yesterday. I'm currently expecting a correction to a maximum of $11 - based on the current trend support. Right now BNB seems to be forming a triangle. But I'm not sure yet as to *where* is the end of it. I...
4-Hour. Strong breakout of previous bullish pennant & charting to make similarly strong move upward. Watch for breakout and despite the strength as of late of BNB, hold off until you see confirmation candle especially in this cold crypto environment. Upcoming token burn and we very well may see some new ATH's.
Hey all, Roti here. Alright guys, after all my efforts I am kicking myself for not sticking with my hunch a week back and buying up BNB to just sit on until it hit 13.45. Seriously, that was my target back then. The opportunity cost of not spending all that time on a mountain somewhere stings :/ Anyway, here's what we've got. I often find that this is a...
BNB is looking very bullish . I feel the fundamentals behind this token are strong. The long term decentralized vision of Binance makes a lot of sense to me, and they have the capital and liquidity to pull it off. The move to Malta, ability to bring fiat pairs, and a coin that actually has a use (exchange fees), all in all i like this coin a lot. We have reached...
Binance will run up on coin burn, addition of Margin trading this spring. $50 USD target price and will do well moving into the top 10. Margin Trading to begin in next couple days Coin burn on April 15th from 20% of Binance profits Reported 7.8 Million users world wide Launch of BNB as its own Blockchain
Timeline of events and market forces affecting BNB price.
BNB - lots of good news recently. Binance had a lot of problems recently with hackers, fud from Japan and system failure. But they went through with transparency and fast decision making process. Decentralized exchange integrated into their platform, coin burn, relocation to Malta with warm greetings from Malta PM, new coins and future own blockchain. It reached...
Signal for BINANCE:BNBBTC To trade I place 3 orders. If the order wasn’t executed, I remove it at the end of the week and see if there are other opportunities for same pair. If order was triggered I keep it till the SL or TP. Order could be modified as well depends on the market, if so I will update the trade with the comments. 1. 1% Order @ 0.0015507 SL:...
SHORT BNB BTC Awesome coin that we saw rise 48% in the span of 12 days however I'm expecting it to retrace alot further compared to other ALTS. Continue to short BNB BTC until it reaches it's base of 8596 stats or until another good buy opportunity appears in late April. BNB USDT would be an altnerative however there are better USDT pairings coins that would...
Fundamental analysis of the BNB price movements.
Binance Coin recently has been showing one of the strongest rises against the Bitcoin. Since 9th of March price went up from 8300 satoshis up to 16700 satoshis, gaining over 100%. The trend remains heavily bullish as price continues to produce higher highs and higher lows. Currently a correctional wave down is taking place, which has found the support at the 3/1...
Highlight: - QUARTERLY TOKEN BUY BACK ON 31 MARCH!!! - Channel inside channel - It quite a extended bull run for 5th wave but who know might have extended 5th wave as the 3rd wave is short - Is a running most popular exchange at the moment who demand drive the price up Exit: - If my count 4th wave overlap and close the 1st wave I am an individual trader, based...
BNB will be drop until 8.75 dollars.
I see cup and handle formations in BTCUSDT and BNBUSDT on Binance. The market seems to be swinging in between fiat and crypto, most pairs are too closely correlated with BTC to swing the bounces, but BNB is still great for quick flips. Here's the BNB chart: -- This has been for educational purposes only and is not intended as financial advice.