hello guys...
i know we are holders and its hard to analysis our cryptocurrencies this way but we should see it clearly, all sign show bearish movement at market! unfortunately...
bnb had formed a QM pattern and there is a chance to get back to QML.. that level is good for getting a short position or selling your bnb...
but maybe this crypto currency do not...
BNB breakdown the solid support of $250 with a high volume. As of now, it skipped from mid-support of $220, and going to re the $250 level again.
Here we could expect some sideways movement between $220 to $250.
Swing low to swing high - resistance. Generally fib retracement from low to last high will give you the 0.382 which is generally a level of resistance. Clearly highlighted here with BNBUSDT. 1st level.. and next
BNB had a completely downward trend with a high slope last week. Its price recorded a heavy fall to the $220 range after breaking the support of the $280-$275 range. Negative news about the Binance exchange played a big role in further price reduction. But if the positive reaction observed to the $218-$230 range continues, and reversal patterns are formed on this...
I think BNB is in a correction on 4 from 5 waves as you can see in the chart
that doesn't mean binance will crash
the red lines are the wave 4 targets
the first white line is important as support that could be used as confirmation
the other two lines are the wave C targets
any other color is just a good liquidity spot
I will update this idea soon
Greetings to all my dear friends, I have done a BNB coin analysis for you.
In this analysis, we want to take the sell of BNB and our entry point is $240.69 and $245.24, as well as the desired targets are $229.40, $216.27 and 193.
It will be $82. The loss limit that we have set is $252.40.
Also, we will enter this transaction with 50% of the original capital.
...
BNB chart was interesting to me, due to hearing a lot of negative news about it, I decided to make a long-term analysis about it, which is based on the possibilities of price movement.
What a market, what a awful feeling we are all have been experiencing in this time of year. 2022 has been as terrible as 2018. if you survive, then you would ba able to stand up again.
Regarding BNB, I did believe in this coin but things has changed recently. I think if BNB lose $210, then we go down to $40.
the price had a breakout from the support and now the price could retest the previous structure as new resistance
How to approach it?
IF the price is going to retest, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily...
Risk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, that I am not responsible for your investment decision.
Thank you.
Good luck
I posted this idea a while ago. Posting again for posterity.
1W looks so toppy with BNB and with all the recent fud it will just take a few more runs at 14-15k for it to break.
Idea: The price formed a falling channel and fell to the lower border near the weekly 200 EMA. A buy signal indicates a possible price rebound to the middle line of the channel. The price may continue to move to the bottom within the channel, weekly 200 MA - the last nearest strong support level - a breakdown of this level may lower the price below $100
Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this BNB/USDT trade update.
BNB is not looking good here. Breaks down the descending triangle. Also, retest is done and now ready to fall. Open a small short position here and add more to the upside.
Entry range:- $261-$264
Target1:- $254
Target2:-...
Hello my Fellow TraderZ,
All this FUDs seem to be working properly for the #BINANCE Haters.
But the question is that, will this collapse like $FTT. Reminder that I am talking about the Token not Exchange.
Look, $BNB is going to test its last major support of $180-190. Breaking would taking this one to $120-130.
Although the major support is still $40. Keep...
Recently on December the 15 2022 on CNBC CZ was made several misleading and extremely alarming statements which call into question the very legitimacy of the company. Most of these statements are from the CNBC news interview which is a must watch but some are from from twitter and older interviews.
Statement 1: "many of them (auditing firms) don't even know how...
