There is a good setup for take Short on BNB/USD in daily timeframe with a good R/R.
For some time the resistance line at $300 has been a hard task for BNB, however, during the previous week, the coin managed to move further from this level, reaching $330, where the coin is finishing the week. Daily trading volumes continue to be decreased, still, positive market sentiment holds for this coin. BNB started the previous week around level of $300 and...
View on Crypto BNBUSDT (2 Feb 2023) BNB seems to be meeting some resistant as it hit near the obvious level of 340~370 region. Overall, it is still in the up trend and it may swing abit higher eventually first. We shouldn't sell BIG just because of the small bearish candle. I am still with the Slight Bullish Mode. Let's see. DYODD, all the best and read...
Please pay attention to the current areas, because they are considered areas of discharge with distinction, as it is clear that he wanted to test them many times and could not break them upwards, in addition to that he walks sideways for a very long time inside the body of the specific candle
waiting for stop fishing .according to technical analysis
Hi Traders BNBUSD (4H Timeframe) The market is in an uptrend and we are waiting for an entry signal to go LONG above the 314.6 resistance level. Only the downward break of 291.5 would cancel the bullish scenario. Trade details Entry: 314.6 Stop loss: 291.5 Take profit 1: 327.8 Take profit 2: 350.0 Score: 8 Strategy: Bullish breakout
INTRODUCTION BNB is a Binance Smart Chain token that is required to conduct transactions and manage the network. Why does the BNB have a chance to grow in the long term? BNB is an ecosystem token for Binance and its products. As a result, BNB has a wide application, which generates demand. The greater the size of Binance's business and ecosystem, the greater...
Scalping sell the BNB on the divergence signal. m15 candlestick already given a bearish engulfed confirmation candle. Sell to demand zone below.
BNB could start the plunge from 340 dollars and after it lost 180 dollors.
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How to identify if a correction is finished/completed and ready for the next impulse move ? Hello everyone: In this educational video I will go over how to properly identify a correction in price action analysis. I recently made a price action workshop live stream video that went over everything on impulse - correction, structures/patterns, continuation and...
long position for BNBUSD using price action (RTM) what do you think traders?
Resistance line at $300 continues to be a hard task for BNB. For the last two weeks, the coin was testing this level, however, it is still unable to clearly break it. Daily trading volumes continue to be decreased, with equal participation of both buying and selling orders. During the previous week the price of the coin was moving in a relatively short range,...
BINANCE:BNBUSD Could this Cup and Handle still play out with what look likely to be a retest
The CryptoCompare noted in their yearly report on the crypto market trends for the year 2022, that Binance exchange gained the highest share of the exchangers market, increasing it by 16,3% y/y. It has been noted that this comes due to higher exception of the crypto currencies in emerging markets. However, it should also be taken into account that few exchangers...
Strong Channel Up on the Binance Coin is leading it to higher highs. The price was rejected on Saturday on the 317.00 Resistance and as with the August 10 rejection it needs to break it in order to register the next High. A pull back near 250.00 will be one last opportunity to enter. Next higher High estimated at +/- 390.00. Follow us, like the idea and leave...
Binance Coin is starting to break down bearishly out of the pattern. While ETH & BTC continue to hold steady at the moment. Lets see what happens.