A Longtime Downtrend Breaked now! After Breaking MA100 (the blue line) resisntance, There is 2 Resistance
In rsi the downward trend is quite clear Please do not forget to like and comment
I checked in 1H and found divergences and in 4h I saw BNB is going down. So I checked and seems HCH pattern is ongoing.
BNB has a high probability of being a good Long. Let me explain my reasons. First of all, if we apply the Fibonacci retracement from the beginning of the parabolic bullish movement we can notice a great growth in BNB being that this retracement has led it to test 0.618% which is a fairly good zone in liquid currencies to initiate a possible Long . This means that...
You can see on the chart where is a big accumulation area(230-280$ per coin). And u can see how price bounced from it. A lot of players opened positions there. If the price goes down to this zone again, it will be a good chance to open a long position on the spot. Write in the comments all your questions and instruments analysis of which you want to...
i.using the fibs from January's expansion, price is consolidating at equilibrium 365zone (fibs 50%)... ii. price got rejected twice around 290-279zone(fibs 62%) indication a possible push back up but the equilibrium zone is a major hurdle as well as 443zone (fib 38%), 413zone, 485zone iii. A break below 350zone (S turn R) exposes 244zone and further breakage...
Price formed a nice pattern for a long position. For the last 4 days, we squeezing near to the all-time high. And I think, it will be a good entry point only after breakout and retest to the key level. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your...
Possible scenarios I am looking at: 1. BO and retest of the highest daily close(case 1). 2. Consolidation and then BO(case 2). 3. Drop to the lower boundary of the rising wedge and then Pump(case 3). P.S: This is NOT investment advice. This chart is meant for learning purposes only and is a part of my personal journal. Invest your capital at your own risk.
As we can see we have double top that make a horizental line... Also we have a trend line that is a confidental support.... So if it goes to break the horizental resistance it can goes sharply to 1000$...
BNB / USDT Price try to break resistance zone We need some stability or consolidation above resistance area for a potential new bullish wave Can we see BNB above 1000$ soon !!?
Here is the #BNBUSDT Daily Timeframe chart and you can see a Big W-reversal Pattern which is a sign that Bulls are refuelling themselves to push BNB to a new HIGH! A month ago, I gave the signal of BNB to start its big move. And yes, it did from $313 to $630! Here is that idea: Again, I'm up with the #BNB signal! According to analysis, if BNB crosses the...