Get started

Binancecoinlong

BinanceCoin (BNBUSDT) W Bottom Breakout Long Trade Setup!Hi guys, this is OG back with another cryptocurrency update. If you find value in my work, please do like, share, and comment. And also feel free to share your ideas and technical analysis in the comments below. BNBUSDT is potentially forming a W bottom pattern, which is a variation of the double bottom pattern in which the second bottom (2nd swing low) is higher than the first bottom (1st swing low). The neckline of this pattern is at 362.5, which means we need for price to break above 362.5 in order to confirm that this is indeed a W-bottom pattern. If price breaks below the low of the second swing low at 345.5, then this pattern is invalidated. I'm waiting for a break above 362.5 with strong volume to consider taking a long. One thing to note is that BNBBTC might be forming a short signal. I prefer to take a trade when both the BNB and USDT pairs are aligned rather than giving opposing signals, so if BNBUSDT breaks the neckline, then I will double check to see that BNBBTC isn't giving a short signal at that time. Check out my technical analysis videos for more in-depth analysis and trade setups for Bitcoin, Ethereum, and Altcoins. Why follow? 1. Community of Technical Analysts sharing analysis and trades 2. Live tracking of whale wallet movements 3. Live update of the latest important news 4. Live syncing of popular crypto tweets 5. Ebook covering how to be profitable in the cryptocurrency market As always, I’m not a financial advisor, all information presented is for educational purposes only and not meant as financial or investment advice, do your own research, and stay safe!
Long
by cryptotraderog
"BNB IS DOMINATING"Greeting from IRAN to whole trading community 💙✔ First of all i want to note that Binance burned a total of 1,099,888 BNB, equivalent to $595,314,380 (USD) worth of tokens!!!! BNB achieved to make a new ATH 10 days ago ( 12th April ) After that BNB started a retracement move through a major downtrend ( Dotted red line ) A powerful breakout happened and BNB started to make new higher highs Price is moving through a new uptrend Fundamental and Technical situation is great for BNB to attack to its ATH This burn effectively took $595,314,380 worth of BNB out of circulation forever , So should we expect a new ATH? TP1 : 600$ TP2 : 638$ SL : 520$ KEEP IT SIMPLE :)
Long
by nima-mohammadkhani
21
BNB/USTD - Binance coin - 3 Targets taken. Congratulation Again.BNB/USTD - Binance coin - 3 Targets taken. Congratulation Again. For those who asked whether it is worth buying BNB now - dear friends, I can say one thing - never, NEVER AND AGAIN NEVER buy something that has already yielded more than 100% profit in a few days - let the price fly away without you, but if a sharp collapse of the price, you will lose a lot, or you will simply remain stuck at the very top, regretting the moment when you pressed the "buy" button Look for other instruments and trading pairs for yourself.
by UnknownUnicorn13204076
3
BNB/USTD - Binance coin - All targets taken. CongratulationHello dear friends. I would like to congratulate each of you who took advantage of this open trading idea - all targets have been achieved. Now many terders have started talking about BNB reaching at least $ 100 per coin I would not rush to such conclusions, because, after each growth, there is no correction. Yes, I admit, this coin is on a global scourge trend, and is working in a channel that indicates targets above $ 100. But so far, based on this formation, bnb / usdt is in the phase of taking profit - and is forming a whiplash. If there is an exit from this figure, and there is confirmation - definitely long, with a short stop loss for the strong level that I indicated to you (green rectangles) Trade wisely, observe all aspects of correct trading, and you will be fine. You don't need to buy where the big player takes a position.
by UnknownUnicorn13204076
BNB is going DOWN - where to BUY BINANCE COINBinance Coin is under pressure as all cryptocurrency market. It looks like we hit the TOP, and now is time for correction. But how deep it is gonna be the drop-down? It depends on major cryptocurrencies like BTC and ETH. Other altcoins are going to follow them. If you want to jump in, this will be a good opportunity to BUY, but be aware, this market price drop could be bigger than you think. Entry levels for Binance Coin - LONG: $37.495 $35.440 $31.895 $26.608
FTX:BNBUSDShort
by SMART_MONEY_MARK
2
BNBUSDT hitting the suppor of falling wedge | 13% expectedPriceline of BNB / Tether US is moving within a falling wedge and now hitting the support of wedge and bollinger bands. This falling wedge support should be stop loss in case of complete candle stick closes below this support. MACD is strong bearish and stochastic is oversold but did not give bull cross so we can wait for bull signal from stochastic or from MACD then buy. I have used Fibonacci sequence to set the targets: Sell between: 17.7323 to 21.4094 Regards, Atif Akbar (moon333)
Long
by moon333
BNBUSDT forming bullish BAT | A long opportunityPriceline of BNB / Tether US cryptocurrency has formed a bullish Shark pattern and entered in potential reversal zone. This PRZ area should be used as stop loss point in case of complete candle stick closes below this area. I have started my buying zone from 0.618 to 0.886 Fibonacci however for more profit you can place your buying form .786 to 0.886 Fibonacci. Buy between: 15.2542 to 14.8092 Sell between: 15.3710 to 15.9652 Regards, Atif Akbar (moon333)
Long
by moon333
BNBBTC formed bullish BAT on 2 week chart | Upto 152% expectedPriceline of BNB / Bitcoin cryptocurrency has formed a bullish BAT and it is entered in potential reversal zone to hit the sell targets soon insha Allah. This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone. Price action is also hitting the 50 simple moving average support. Volume profile is showing less interest of traders here, but Stochastic is oversold and did not give bull cross and MACD is strong bearish so for secure trade we can wait for MACD to turn weak bearish or for stochastic to give bull cross then buy. I have used Fibonacci sequence to set the targets: Buy between: 0.0020008 to 0.0016403 Sell between: 0.0028524 to 0.0041344 Regards, Atif Akbar (moon333)
Long
by moon333
7