BNBBTC.P trade ideas
BNB/BTC Bullish Action AheadAt the moment BNB/BTC is consolidating around 18k sat. We might soon see a reversal happening: a bounce from the lower trend line of its wedge. The wedge has been holding strong for over a year now, will it continue to hold?
Before entering the trade, make sure that the reversal is actually confirmed. If a daily candle manages to close above 19.5k sat, we might actually see a push towards 25k sat. Be patient.
BNBBTC supportBinance Coin is getting close to a major support line and should bounce.
Going below 0.0019 would be very bearish!
$BNB, Bearish retest & further downside toward ~195k sats?$BNB
Bearish retest & further downside toward ~195k sats?
EMA200 (red) acting as resistance level as well..
#BNB
BNB/BTC (Bearish Weekly Candle)💎Technical Analysis Summary💎
BINANCE: BNBBTC
-BNB rejected around 31000s sat area after a strong pump last September 7
-The Bears send Binance coins back to its previous consolidation range
-We still have a few hours left before the weekly candle closes
-This is a Bearish engulfing candle as we can clearly see
-So please take precautious entering a trade
-Zoom in to lower time frames to identify a sign of strength
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$BNB, Falling below EMA200 on the daily$BNB
Falling below EMA200 on the daily as it losses ~215k sats support level..
If selling pressure keeps pushing down, then next level to watch should be around ~190k
A retest of '20 lows is not that far away either.
UCTS sell signals across all LTFs and 1/2/3d charts
#BNB
BNBBTC is in a previous demand zone 🦐BNBBTC is in a previous demand zone. the price lost the weekly support and now it is testing like a new resistance.
IF the price will get liquidity from previous Demand zone, and create a new bullish impulse and flips the previous weekly resistance as support, According to Plancton's strategy, we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
oscillating channel for huntersBNB/BTC is oscillating in a rising channel, can be good for hunters (use 5min time frame for opening your orders)
BNB / BTC longLonging BNB/BTC here. Bitcoin will probably hoover around this area for a bit which could give some relief to alts in BTC pairs.
BNB prepare for test 32$ levelwe have upward support trendline which is build since may 2020, RSI is above bullish zone
