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Binancecoin

🐳BNB: channel or wedge? Doesn't matter. Wait for the trap!🚩All the financial markets fell yesterday. $340M of longs were liquidated only on the crypto market. Binance Coin(BNB) is pumping yesterday because of Binance and Musk deal on Twitter. Lots of traders were traped and as we see on the volume indicator someone had a good sellout also🐳 In this idea I will show 2 different alternative scenarios for the price. 🔶Channel. We should note the price movement in the channel, where the 6 test of the lower boundary can happen at $330-340. This scenario is unlikely, but it is worth showing. 🔶Falling Wedge. The price has been in a downtrend for a month and 1.5 years in a global consolidation. After the trap for traders on touching the upper boundary of the channel/wedge, a similar trap can be expected when the lower boundary of the wedge will be broken and false brakout heppen. ✅On a false breakout, watch for: 1. price reaction, draw a local trend line to open a trade on the breakout 2. volumes should grow as shown in the example. Fuel for the UPTREND move will be short traders who will open trades on the breakout 3. for profitable trade Bitcoin should also show strength, because all altcoins, including Ethereum, BNB repeat its movements. Use risk and money management and do not forget to use different trading tools! Press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
8
Binance Coin (BNB) Buy ZoneBinance Coin (BNB) Buy Zone -------------------- BIAS Mid-Term : Bullish Risk : High Kicking off the month with some expected short-term selling pressure, , which has once again pushed price to retest mid-term support at $370 zone where it’s currently ranging. -------------------- $BNB/USDT LONG SETUP Leverage : x3 - x5 Entry Price : 374 - 364 TP 1 : 379 TP 2 : 385.5 TP 3 : 393 TP 4 : 401 TP 5 : 411 TP 6 : 425 TP 7 : 438 TP 8 : 450.5 Stop Loss : 358 *Maximum 3% of Portfolio. *Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry. --------------------
Long
by Zerene
BITCOIN 1H TA : 05.05.22 (Update)In this chart, we have examined the important and key levels of price supports and resistances , as well as the appealing levels for possible investment opportunity in this chart have been identified and you can keep an eye on it . Follow us for more analysis & Feel free to ask any questions you have, we are here to help. ⚠️ This Analysis will be updated ... 👤 Arman Shaban : @ArmanShabanTrading 📅 05.05.2022 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
COINBASE:BTCUSDLong
by ArmanShabanTrading
BNB- A breakout might be in orderHello everyone We all witnessed the weak bear market in the last couple of days,now we may get close to the end of this bear trend.The clues are , less selling pressure in the market and higher lows in the daily chart on BNBUSDT. A wedge structure can be seen on daily chart and we had a rejection from 375$ four days ago,plus we can see the market starting to have higher lows and the red bars of past two days had shadows almost as long as there bodies.These all shows a possible reversal pattern, which needs a conformation.Price breakout of the bear trend line is what we need to make sure of a reversal or a weak bull trend. For now, the support lines are, the weekly trend line , support level 375$ and resistance levels are, the bear trend line and 390$ level( it's broken but without conformation)
by HubAlgo
BNB Most Useful Coin of AllBinance is the biggest cryptocurrency exchange globally based on daily trading volume. Aside from being the largest cryptocurrency exchange globally, Binance has launched a whole ecosystem of functionalities for its users. The Binance network includes the Binance Chain, Binance Smart Chain, Binance Academy, Trust Wallet and Research projects, which all employ the powers of blockchain technology to bring new-age finance to the world. BNB is an integral part of the successful functioning of many of the Binance sub-projects. Therefore its arguably the most logical coin for the long term investment. If there will be cryptocurrencies in the future, there will be Binance and Bnb for sure. Bnb is in a strong downtrend for 6 months. It lost around 40% of its value from near-ATH zone. Price tried to breakout above couple times but failed. More downside is possible if price cant breakout above the trendline with good volume. For the short term BNB looking bearish. But for the longer term with at least 1-2 years horizon it is one of the best crypto investments. Important Support Areas for Daily Chart 384 374 366 356 if price breakdown with volume and stay there fore a couple of days more sellers can join to push the price down harder. 331 319 To the upside, price should breakout from the downtrend to have bullish looking chart. If price break above it we can discuss important resistance areas. Thanks. Follow for more ideas and charts.
Short
by thegreatwall38
TRON Daily TA : 04.29.22 : #TRXIn this chart, we have examined the important and key levels of price supports and resistances , as well as the appealing levels for possible investment opportunity in this chart have been identified and you can keep an eye on it . Follow us for more analysis & Feel free to ask any questions you have, we are here to help. ⚠️ This Analysis will be updated ... 👤 Arman Shaban : @ArmanShabanTrading 📅 04.29.2022 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Long
by ArmanShabanTrading
1
Dogecoin Spikes by 15% : 04.25.22Dogecoin Spikes by 13% Minutes After Elon Musk's Twitter Purchase Confirmation ! (U.Today) First Target : 0.15 Second Target : 0.17 Third Target : 0.185 Important Support : 0.125 Follow us for more analysis & Feel free to ask any questions you have, we are here to help. ⚠️ This Analysis will be updated ... 👤 Arman Shaban : @ArmanShabanTrading 📅 04.25.2022 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Long
by ArmanShabanTrading
2
BITCOIN 6H TA: Can Support again?In the previous one-hour Bitcoin analysis, the trend line we had drawn was maintained, and with the impact of resistance, a downtrend was formed and the market fell and reached the support range again. We currently have significant support for trend line dynamics in the 6-hour timeframe, which increases support expectations. In Price Action Classic, a descending structure is broken and a peak is created above the previous peak, and if a lower valley is not formed, expect an upward trend. Its not Buy or Sell SIGNAL DYOR BY : Mohamad Teriz - @AtonicShark
by AtonicShark
1
SPECULATION FOR THE NEXT SCENARIO IN DAILY BNBUSDT - PURE P. A.🇺🇸 Taking into account the scenario we are facing in the world, with all this whirlwind of information and events, where the vast majority of cryptocurrencies are constantly falling. I believe that in this short term ~a few days~ we may be gaining strength from buyer demand. The chart is very sharp and, speculating using the purest price action, if buying force enters, breaking this lower low, the price can seek such projections. 🇧🇷 Levando em consideração o cenário em que estamos enfrentando no mundo, com todo esse turbilhão de informações e ocorridos, onde a grande maioria das criptomoedas se encontram em constante queda. Acredito que nesse curto prazo ~alguns dias~ possamos estar tomando força por parte da demanda de compradores. O gráfico está bem nítido e, especulando utilizando o mais puro price action, se entrar força compradora, rompendo essa mínima mais baixa, o preço poderá buscar tais projeções. Technical analysis regarding the price of BINANCE COIN in relation of dollar Tether for the next scenarios, based on daily movement. disclaimer *** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. *** Any questions do not hesitate to contact me. I'm happy to be able to help you in the best way I can. 🙏
Long
by luizhcruz