#BNB/BTC Bullish chart Update :-
#BNB/BTC Bounce back from Support level.
Invest only if you have patience and Mid term holder.
Entry:- 0.00124-0.001283 BTC
Targets :- 0.00165/0.00232/0.00369 BTC
Stop Loss:- Now no need. But if candle close below 0.00108 BTC then I will update here.
Support :- 0.00108/ 0.00124 BTC
First, let's just look at the weekly chart of BNB. This is big:
BNB vs ETH may have found some key support at this level, so we could see some outperformance here:
Zooming in a bit further into the 4hr chart, BNB just confirmed if you use the 240min time frame as your confirmation...
Hello Dear Traders,
We Dont Need Special Introduction for BNB Coin. This is Perfect Opportunity to BUY this coin as Longer-term investment.
Money is started to flow in BTC pairs of alt coins. Soon High market cap coins are going MOON. BNB must be priority for an investor.
in alt season this coin can give 150% ++ profit ..SO HOLD STRONG.
. There is a possibility of temporary retracement to suggested support line (0.05028). if so, traders can set orders based on Price Action and expect to reach short-term targets.
. Binance Coin/Ethereum BNBETH is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts...
-Binance coin broke the midterm resistance at 0.00240 sat
-This is an engulfing Bullish if the weekly candle closes above
-Can we expect a pullback to test old resistance becoming new support?
-If the next candle is also Bullish then it will not happen in the near term
-It is more likely to test the resistance at 0.361 sat before seeing a...
-This coin has been in a downtrend since 2019
-A series of Lower Highs and Lower Lows
-But this time around, we can see a Bullish weekly RSI
-There is a clear downward channel which is Bullish also
-Currently, the price is testing the upper trendline
-Holding above the 20MA which is a good sign
-To confirm this reversal pattern, a breakout needs to...
🕊️ Things are looking up for Binance bulls after a Poloniex listing and news of the upcoming Binance UK launch.
While BNB's chart has seen better days, there is still hope for the bulls. Let's take a look at some levels.
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The first point of support for BNB is the S1 bullish...
🤮 Top red line is current major Resistance and we are already showing potential signs of exhaustion for price continuation.
This is what we would call a range play on the Crossover strategy as the candle begins to fire red and showing signs of the Crossover. The ema dots are also firing red. These are the type of plays we look fo. Use the height of the candle as...
1. BNB/BTC Chart shows that strong support is broken and in a downtrend status
2. BNB/ETH chart shows that two strong supports are broken and in a downtrend status
3. Daminance is broken down in the descending triangle
So we conclude...
The price of the Binance coin will drop
Looks all positive. Only concern could be TOTAL Crypto drop in USD. In that case, would need to hedge short ETH / USD. But really if Binance rises, seems like it would pull up all crypto. Also, could be safe to buy a partial position and then add on either a retest, or a further breakout. Depend on size of position, risk tolerance, etc.
-local resistance breakout
-all moving averages are below the price action
-bullish on Binance
-RSI is above 60 level
-priority is to the upside
-target resistance area is up to 17 dollars
-stoploss below 50MA
BNB has formed a large triangle
BNB can be seen to be consistently getting rejected at fibonacci circle levels
A broadening wedge and a falling wedge are bullish factors for BNBBTC
Could be forming a large H&S