Let´s make it simple The price is close to resistance. If it gets rejected, most likely we will see 13 % drop and retest of the support around $257. However, if the price breaks above the resistance, we can see beautiful 12 % pump towards the next key level. How to trade: 1. Short the resistance with a tight stop loss above the resistance. Take profit at...
The grey lines are Support/Resistance lines. While both the solid and dashed lines carry frequency - the solid lines are stronger. If you find this helpful, please like/share/comment. Cheers!
BNB is at the support zone in 1D time frame and making re-test in 4H time frame after the breakage of upper trend line resistance. It can give a good benefit in coming days in long position.
Hello, welcome to this BNB/USDT 1 DAY chart update by CRYPTOSANDERS. I have tried my best to bring the best possible outcome to this chart. Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on regular basis. CHART ANALYSIS : Binance Coin (BNB) Binance Coin was well defended...
Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer all, thank you, guys. BNB analysis::-BNB was dumped because of the hack and bounced from the support of the $255-$262 area. The local resistance is $278-$280 and $295-$300 area. There is a...
After successful withdrawal of liquidity and realization of purchases in the zone of interest, the buyer gained a position. But a test of purchases is possible. At the moment, the chart is aiming for the resistance level. The following scenario is possible: after the resistance zone the price will leave to test the buyer, then there will be a logical completion of...
After the lack of demand at the upper limit of the rand, the price has gone to test the buyer. On a downward move, all supply is absorbed by a strong player. For a further move, you want to see a flat with an exit into a trending move. If you like the idea, give it a like. That's the best "Thank you!" for the author 😊 P.S. Always do your own analysis before...
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In the analysis I did, I explained the trend of Binance Coin to my friends. In the coming years, the trend of the cryptocurrency has been like this, so if you are watching other analyzes and you are scared, know that it is a new game for the crypto market, be careful. The negative pages that talk about crypto belong to the institutions and companies themselves.
At the moment, the chart shows the lack of demand after the breakdown of the trend line. Possible test of the buyer. If you liked the idea, please like it. That's the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy.
A coin that wants to appear stronger than the market. On the daily timeframe we see a reversal formation. No offer, zero point spring with a test and subsequent transition into a trend movement. It looks interesting, observe. If you liked the idea, please like it. That's the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade....
Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. Binance Coin (BNB) 1DAY UPDATE:- Binance Coin has lost the uptrend established in March 2020. This may spell trouble in the future as its price could enter a...
BNB has formed a strong uptrend (dashed line) This line coincides with a bottom at the 0.786 fib For this to occur again we must see another small dip, creating the double bottom then the bullish rejection following. I have shown this with a green bars pattern. Downward channels can be drawn within relative bear markets
Small gap up forming. Breaking through resistance at present (green box) Look for a retest to buy with a TP set at 200 EMA (red circle) ~10% Set R:R 4
What is Bullish Divergence? Bullish divergence, also known as convergence, happens when the price forms a lower low compared to the indicator’s higher low position. In this scenario, traders should bet on an uptick in prices. As indicators are used to forecast price direction, an increase in the indicator’s value, therefore, implies a price increase. Relative...
BNBUSDT TF: 4H Side: Long Pattern: Higher Low / 61.8% Fib Retracement Entry: Enter now or between $271.3464 & $275.4410 SL: $271.3464 TP 1: $278.0645 TP 2: $282.2206 TP 3: $285.5796 TP 4: $288.9386 BNBUSDT is getting ready for a good long opportunity on the 4H TF. RSI is very oversold.
Just posting a quick update for BNB, one of the best coins to Long given how smoothly it rides upward (thanks CZ). As highlighted by the Orange circle the CPI data has begun the downward move BUT we are yet to see expansion lower at this moment. The FED interest rate decision highlighted by the yellow line (20th-21st) will be the catalyst for the next move. BNB...