BNB is in a downtrend along with the entire cryptocurrency market
Now it is impossible to say exactly where the global reversal will occur
But we can foresee that with a high degree of probability a pullback will occur from a strong daily level.
What will give us a great risk profit ratio
Take Profit1: ...
Binance company is one of my favourite investment
The Ex change is smooth and liquidity.
Fee is not so expensive
Many new services.
BNB is facing one of the most important Resistant in this year.
In the Aspect of an Investor, I will buy if the Price under 8.
In the view of a Trader, I consider the downtrend is so strong.
RSI is oversought
And strong ...
When I missed the boat, then I would look back the chart on multiple timeframes to see where were the signals to enter the trade. As you can see on the 15m timeframe, the bullrun was first approaching multiple resistances @ 5.4394, the bears pushed price back down tremendously right at that resistance. But when the bulls finally managed to break through that ...
BNB usdt - Long setup
As where building up from here out of the valley, we where able to break up from the symmetrical traingle, and gunning for our first target, up to about 18%.
As from today's date we can enter the trade, with an stoploss as given in the chart. The further we progress this setup i will give some new insights af how we can trade tis ...
I'm thinking, that BNBUSDT should reach 6.0 $ in three days. Why?
Coz with 10x less volume than TRXUSDT it anyway should mirror TRXUSDT trades history.
Up to my analysis it may happens in these days. I locked the price in the channels and fibo.
Last 24 h, I'm trading only BNBUSDT, but look on TRXUSDT first when it was 0.013992$, but missed the possibility to ...
I'm looking for the next possible low point, if bitcoin has already met bottom, so targets aren't important for establishing a swing position.
Comments welcome if you have a better wave count!
Assuming low targets
Bitcoin can ruin this, yes.
Trust Jesus or your stop.