Long time since I didn't post feels good to be back.
This is my next investment idea which I have dedicated a good chunk of my crypto portfolio.
You will have everything explained in the graph. The first two purple lines and the grey box are the zones to brake for the price to go further afterwards there's not much to say. Fundamentally, I cannot...
1- Bnb/usdt created triple tops which is bearish pattern
2- Also we can see 50 day EMA act as a support
Broke this support is a confirmation ..
which is likely Happen soon
3- around 24$ is 0.382 fibo support level ..can rebounce from here
4- Also bnb now is regected from upper line of...
ACCURATE TECHNICAL ANALYSIS ON $BNB BINANCE:BNBUSDT , looking for 13% with a tight stop to ensure our safety.
Stop Loss: $27.29
Main TP: $31.477
Safe TP: $29.33
Do NOT trade this, you will lose money. Not financial advice
As I get use to setting up trading view, just be patient and any constructive advice is welcomed. As some exciting developments happened for BNB/USDT. We will look how to prepare next. If you want to look at my previous article on the chart, check out the profile.
What did I do:
• Drew horizontal rays for resistances/supports
• Drew Fibonacci...
BNB is in tight zone. We may expect a breakout in coming weeks.
1. Two Greens candle can be seen at end of triangular wedge, making higher high which is an indication for bullish movement.
2. Candles respecting the wedge upper line which is resistance. It may going to test the support and after that it is going to breakout of the wedge in a strong upward...
I will not talk a lot on the description about this, you can see the chart talk itself. Anyway, one of the biggest player on the planet, control one of the famous exchange in the cryptosphere; why wouldn't we bet on the best right?
So for a while, I've said that this is a little hidden gem. It has reached one of my by zone already and it may dip down to $11 -$12. I highly recommend you pick some up for your paper trading portfolio. This is one of the few coins backed by an actual entity, hold it for the midterm (well into next year) and expect it to go back to $40.00 and maybe even $60.00. I...
BNBUSDT refuses to go down, almost like a very valuable commodity this thing just keeps its value even when BTC drops like a bag of bricks. I have a buy order waiting for it around the 200MA (The black line) during a sudden drop of BTC this coin may generate a long wick that will reach all the way down to $23.50 before continuing a slow but steady climb to $50.00...
We have had a lot of success signals with BNB and at this time, BNB price is so high that we need to be careful.
BNB is always a good investment choice that you should always have in your portfolio
Current Price : 30.67$
Buyzone : 28.7-29.5$
Sellzone : 35$
Stoploss : Under 26$
Volume is growing over the last few days, broke back into the range with vigor. I wouldn't be surprised to see it retest the ATH next, perhaps even break it if the conditions are right on $BTC.
Invalidation on a break of green support.