$BNB Couldn't break the weekly trendline after 3 tests... Crossed the ascending trendline to the downside...
UCTS sell signal on the 1D
RSI bearish divergences
No ICO scheduled on Launchpad.
Both RSI & MACD falling
3 potential places where support could be found..
Hi, everybody! Everybody knows that it is very hard to buy tokens in Launchpad in Binance on IEO sessions (BTT and Fetch clearly proven it)
So there is alternative strategy to get profit.
Buy at panic sell (after 3-5 minutes after start of session will start of selling of BNB).
!!! Prepare your limit-buy orders in -5-8% area of price before start of...
Playing the 30 / 70 RSI strategy on 12 HR chart
Look to buy in at next rise above 30
Target above 70
With BNB being used on Binance launchpad, coin burn, and its general perception as a stable coin in turbulent times, I think BNB will see further appreciation over time.
Always the risk of black swan event, Binance hack, Tether collapse, so remember Stop Loss.
The last previous uptrends stopped just above the 2.618 & 1.618 Fibonacci extensions respectively. This indicates that we should similarly be expecting this time either 0.0035445 or 0.0049726 in extension, with 1D on a very stable uptrend (RSI = 67.793).
** If you like our free content follow our profile (https://www.tradingview.com/u/InvestingScope) to get...
It looks like we have another re-buying opportunity here.
Here are the technical analysis details:
• Weis Waves – there is not much supply and constantly demand is very high
• The support line is still in force – 1 - we have to bounce up from it and 2 - cross the last peak – then enter a long position
• Trend angle – this is quite strong but in 2017...
Binance Coin has been on tear as we all know.
Wating for pullbacks has been a difficult task.
Here are some support and resistance zones.
Some zones are obvious from previous highs and lows.
Some zones are wide but I will fine tune as price moves.
EXACT reflections off zone boundaries are of great interest.
Drag PRICE scale DOWN to see more zones...
20/60/120/30 these settings are adjusted for the 24 hour crypto market and then doubled, this means the 4HR time-frame shows the 8HR cloud which lowers the false signals and the amount of unnecessary positions entered. Tenken:20 Kijun:60 Senkou:120 Displacement:30
*For normal markets I would also double my cloud settings without adjusting for 24HR
Good morning lads!
Welcome to my first (but not last) public BNB analysis.
As we all know, Binance have a great set of fundamentals and got their own coin called BNB. This coin is in my opinion one of the few coin with a real purpose and is being used all the time, every day. Binance got their own ICO platform called The Launchpad which a handful of coins have...