I have made some good profit trading BNB in the past and I follow this coin regularly. BNB has created a large symmetrical triangle of which it broke out upwards (good) 3 days ago, creating another smaller symmetrical from which it could not break out (bad) and is now continuing south. It has hit the blue trend-line on which it now clings for survival after it...
just wait for a confirmed breakout to buy
As BNB moves forward, we need to find support at previously untested levels from it's current upward move to the ATH. Previous trend moves have already been supported except for the levels inside the yellow rectangle. Volume Profiles on the right show that these levels have not been supported previously. When and If BNB finds support at these retracement levels,...
BNB will up with support XABCD Patern and Trend up very strong. Buy a few and Hold it Buy order : 13.6 - 14 Profit Target (1) 15.7 (2) 18.4 (3) 21.2 (4) 24.4 (5) 28 (6) 32 Good luck Everyone Thanks
Everyones favorite, BNB, has formed a bull flag on the daily chart. Indicators are looking promising. I'll just ditch the wall of text and let the chart do all the talking. Entry: Enter around the green line (support). Targets: 1) 0.0014568 2) 0.0016935 3) 0.0027086 Stop loss : We shouldn't have to risk more than 5% on this trade if we buy at the green...
BNB reaching previous areas of support on the local low trend line. Green Triangle represents area for entering/previous support trend line respect volume at these levels. Looking to make an entry at 11225-11525 Satoshi. Optimal Profit Taking would be near the .618 FIB. Short-term Profit-taking will happen near the .5 FIB.
As the chart shows, I think BNBBTC may enter correction soon, perhaps when BTC gets its huge pump. There are two targets, 0.001 & 0.00055.
Current structure witnessed a brutal selloff of over 50% of BNB's top value in less than 24 hours. It seems safe to say wave 4 is in progress...although that could be construed as mere panic selling. nevertheless, technical damage has been done. Wave 3 almost made it to the 2.618 fib extension but failed to reach it. The chart above has fib extension levels from...
We have a descending triangle and a buy indicator at the 9 on a 4hr chart. Looking at past indicators for the same pattern, the trading by 9's seems to be pretty accurate. I modify the trading strategy from 1 day for stocks to 4hrs for crypto due to the increased volatility . The coin also has good fundamentals. It's used to pay fees on the Exchange at a rather...
Binance coin allows you to invest in a top altcoin exchange with a bright future. This coin (BNB) essentially grows in value as Binance gets more and more volume. Which means that as crypto naturally continues to grow, Binance will continue to grow, meaning that BNB will continue to grow! The chart shows a preliminary stage in this explosive growth. It's...
This is the update to my previous trading idea on a promising Binance coin. The current price still may retrace to the designated level, where we can place a buy order (overbought RSI and a very long wick on the last red candle) Target 80% from the buy-in price. Good luck!
After the market crash, BNB blew up. It cooled down and formed a falling wedge which means that it's looking to break its all-time highs!
like the action down here with very little risk towards support.
I hope you all have been following my analysis on BNB because it is already up nearly 3x from my original call - however I said my targets are 10x! BNB looks like it is ready for another bull run: 1) it has broken out of a bull pennant that has been forming the past few days 2) the bollinger bands are getting very tight meaning we are ready for some major movement...