BNB bottomed out at $14.5 and it is starting to recover again. After a huge fall in 4 months from $40 to $14, the coin starts showing signs of reversal.
The coin has retraced enough to be considered cheap, and the current support is strong enough to support the price and start a new upwards trend.
Fundamentally, Binance keep adding more and more new features...
BNB after long consolidation between 14.25 and 16.40$ break up channel up to 18.4$ resistance and was started ABC rejection (A 17.03 B 17.70 C 16.51) . BNB was started new bullish wave up and broke EMA line heavy resistance at 18.2$.
Current price action above EMA 21,50,100,200 strong uptrend. Potential Resistance at 19.20 and 20.50$ price level.
Volume: don't...
Binance (BNB) - BNBUSD - Excellent Opportunity For Huge Gains.
454% Gains Expected! - A Very Nice Trade Coming .. :)
Based on AB=CD pattern , Time Ratio & Gann Analysis, It's a potential long position with great returns :)
In a lower time-frame (4hrs) this long position has also been conformed.
Target Profit Range - 20-50 - (42.9%-454.5% Profit...
The wave "iii" is developing inside the ending diagonal (v) of {i}. The wave {B} in it took the form of a zigzag and corrected 62% of the wave {A}, which is an ideal hit to normal. Therefore, I expect the development of wave {C} to the area above the turquoise (blue) level and below the upper red level. The wave "iv" will need to go to area of "i" and the wave "v"...
Binance Coin testing EMA 200 line. BNB closed above EMA 21,50,100 uptrend. After long consolidation in range between 14.2 and 16.4 .
BNB testing resistance trend line at 18.4.
Indicators: MACD bullish crossover above zero line. RSI above 50 points. Bullish trend.
Volume confirmed bullish price action.
S/R: Support at 15.7, Resistance 18.4.
Disclaimer: THIS IS...
INTRODUCTION
I have been a trader for 13 years and traded through the financial crisis . I have been around the block , gained and earned lots of experience while constantly learning from the best traders in the world. I am a full time trader , help/teach people how to trade properly and profitably .
I ALSO RUN TRADING ROOM OF VERY INTELLIGENT TRADERS AND...
Hey folks! To be honest, I was worried about BNB. Looking at its 4-hour chart, the price action was in a falling wedge as it approached the original uptrend (pink) which I was sure would push the price out of the wedge. However, the price broke through the uptrend support area and looked like it could get stuck below the uptrend, falling further into bearish...
BNBUSD is trying to bottom. The best thing that could happen would be for 15 to hold as support. The next best thing that could happen is BNBUSD could achieve a weekly close above 17. 17 is the 62% retracement of the move from inception to the 2019 high.
Bottom Line: We may or may not be in dreamland on this, but we drew an Elliot Wave map on what BNB could...
NOTE:
These are just my opinions. My messages or chart analysis are
NOT intended as a recommendation to buy or sell any FX, cryptocurrency or asset.
Do Your Own Research.
Quite simple.
Previous ATH was resistance, it should now be at support. RSI is oversold. MACD is still positive, but I am guessing will round out as we bottom here.
And what do you know, also at this 61.8 FIB and looks like it could form this pitchfork channel quite nicely, which puts it's next target at 50. Maybe 100 if we go parabolic.
i got in on the way...
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Key levels
Short term
Supports—> S1: 20 & S2: 17
Resistances—> R1: 23 & R2: 24.5
Medium term
Supports—> S3: 15 & S4: 11
Resistances—> R3: 30 & R4: 32
Potential scenario
BNB has been undertaking a very significant retracement process since June, as most of the cryptocurrency market. During this process, it has already decreased by...
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...
BNBBTC as we predicted before when BNB prize was 0.00270 BTC I told you It willl be come down bellow 0.002 BTC.
And finally its hit 0.00180 BTC.
I hope you earned Lot of money.
Now still it will be buying zone for small profit zone.
And I told in Twitter buy yesterday and now around 10% up.
So guys my Buy zone still around 0.00150 BTC.
I am buying some here and...
I’m marking the initials (waves -) up. The count will begin to receive a confirmation when the green channel is broken up. Until then, different options are possible, but in any case, I do not consider a turning point for the lower levels of 2018 - this year's movement is a clear impulse with a subsequent correction.
If I can still play with the impulse and find...
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