BNBUSDT formed bullish BAT | A good long opportunityPriceline of BNB / US Dollar Tether cryptocurrency is has formed a bullish BAT 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 used Fibonacci sequence to set the targets:
Buy between: 20.1856 to 19.9834
Sell between: 20.6773 to 21.4066
Regards,
Atif Akbar (moon333)
Binancecoinusd
BNBUSDT formed bullish Shark | A good long opportunityPriceline of BNB / US Dollar Tether cryptocurrency is 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 used Fibonacci sequence to set the targets:
Buy between: 19.9622 to 19.8547
Sell between: 20.0889 to 20.3430
Regards,
Atif Akbar (moon333)
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)
Binance coin is getting ready for a PUMP!!Hi, Traders ! Monfex is on the air !
Binance Coin (BNB) could be a perfect candidate for a fast pump.
* Binance Coin (BNB) is a utility token that has a deflationary design through buybacks and token-burning events. Its early success and innovative design led others to create similar tokens.
* Looking at 1D chart, we can see that Binance Coin has escaped out of the descending triangle, where it had been trading since the mid of October.
* At the same time, the breakout wasn't accompanied by increased volume and the price has returned to test the broken trendline from above.
* However, the current price resides above the 21 Daily EMA, while MACD has restored expansion into the positive territory ahead of a second wave of the bullish run.
* Hence, it gives us a reason to expect that the bullish momentum could speed up and the price could reach our target in the short- to mid-term.
Active trade signal
Buy @ $18 - 18.50.
Target: $28.
Stop-loss: $14.90.
Watch for our Updates to get real-time superior signals!
GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any cryptocurrency or cryptocurrency product. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
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)
BNBUSDT has formed a bullish butterfly | Upto 56% expectedAfter a successful formation of Cypher pattern the priceline of Binance Coin / Tether US has formed a bullish butterfly.
RSI is oversold.
But MACD is still strong bearish and Stochastic is oversold but did not give bull cross sofar, so for safe trade we can wait for MACD to turn weak bearish or for bull cross from Stochastic.
Buy between: 21.8950 to 18.9617
Sell between: 24.1715 to 29.6814
Regards,
Atif Akbar (moon333)
BNB has formed a bullish BAT | Another good long opportunityThe priceline of Binance Coin / TetherUS has formed a bullish BAT pattern and entered in potential reversal zone.
We have 100 simple moving average support in PRZ area which will help the price action to take the bullish divergence insha Allah.
Volume profile showing weak interest of traders.
Stochastic RSI is oversold and giving bull cross.
Bollinger bands is expanded and candle sticks are hitting the lower band.
I have used the Fibonacci sequence to set the targets and the targets are as below:
Buy between: 28.6180 to 28.0750
Sell between: 29.0397 to 30.0599
Regards,
Atif Akbar (moon333)
BNBUSDT has formed bullish gartleyPriceline of Binance Coin / TetherUS has formed a gartley pattern and entered in potential reversal zone.
From here the price action can hit the sell targets soon insha Allah.
I have used Fibonacci sequence to set the targets and the targets are:
Buy between: 27.3584 to 25.9468
Sell between: 28.4769 to 31.1526
Regards,
Atif Akbar (moon333)
BNBUSD formed shark a good long opportunityPriceaction of Binance Coin / US DOLLAR cryptocurrency has formed shark pattern and entered in potential reversal zone.
I have used Fibonacci sequence to set the targets as below:
Buy between: 29.4821 to 28.8600
Sell between: 30.0343 to 31.2761
Regards,
Atif Akbar (moon333)
Can Binance Coin (BNB) Go Any Higher?Exchange-issued coins like the Huobi token, Bitfinex's LEO and Binance coin have recently captured the interest of larger markets and doubling their price without regard to Bitcoin. Undeniably, our BNB/USDT trade from April 11th has turned out to be one of the best trades we had so far this year, earning us a solid gain of 130%!
Below is a chart I posted on May 8, 2019:
... and the same chart updated on June 24, 2019:
Moving on to today's BNB forecast, the long-term market shows no boundaries for this asset as long as new IEOs continue to spawn. In terms of technical, there is still plenty of room for upside so the big question is -- when would be the best time to re-invest in BNB? I believe the consolidation phase for BNB is only halfway done. That said, I would not be surprised to see price retest the key resistance at $36 - $38 right before making a steeper correction.
On the upside, a breakout from key resistance would see the bulls ram against a hard sell wall at $42 - $43, where we would anticipate a pullback. If the market takes on this scenario, we would wait patiently for our buy opportunity from the pullback rather than blindly rush in. FOMO seldom ends well, remember that.
BNB/USDT Analytic #BNB $BNB #BNBUSDT (27 April)BNB is the symbol of Binance and the health of BNB is the life of Binance in particular and the IEO trend and the market in general.
BNB is currently in a bullish flag trend and if you want to buy BNB, wait for it at $ 20.5 and sell at around $ 25.5.
Good luck
Binance Coin Outlook-BNB/USDBinance coin has been a runner recently and is in strong bull trend while moving 250%+ against USD at the time of writing but will binance coin rise more?.Binance launchpad for ICOs and exchange coin's strong use-case has been doing well for the coin's price and bnb forecast.
If we look at the binance coin forecast analysis today then we might see a slight correction downward in the coming days which might provide an opportunity for late buyers to enter the asset for long-term hold.
Let's look at binance coin technical analysis 2019 on its Daily-timeframe chart.
We can touch the area around $18.18+ before making move downward to our first support level around $12.71-$13.24.
* Interested buyers can look for first buy zone(green bar) around $12.71-$13.24 to enter the asset for mid-term hold.
* If the first support level doesn't hold then one can look around $10.88-$10.72-$11.25 to set their bids for safer entry.
* There is also a rare possibility of breaking price level $18.18+(dotted red line) and retesting the area without even reaching our First support level(buy zone).If this happens then one can enter only after $18.18 price level is held after breaking upside.
* Sellers can look for areas at resistances around $20.60-22.14(shorterm-midterm) and $28(long-term).
* Breaking down below the last support area around $8-$9 would be bearish(sell signal) for the asset an holding the asset would be painful.
Further binance coin price analysis suggest that it has crossed the 200D- SMA (simple moving average) with bullish cross-over of 10 and 20 EMA (exponential average) followed by breaking above the Ichimoku cloud. These are quite healthy signs for the bulls.
MACD and Stoch-RSI indicator showing signs of weakness leading to a further downfall in the coming days but that doesn't make the pair strongly bearish.
Also, BNB coin paired against BTC(BNB/BTC) has broken its previous bull cycle(June'2018) high and made a new all time high recently.It has yet to break its all time high against USD i.e.$26.
BinanceCoin – 6 days ago we warned about the upcoming correctionHi Guys!
Six days ago we made an analysis warning you about the price saturation .
It fulfilled almost immediately . Take a look.
All thanks to our WBM BUY/SELL Indicator.
We hope you sold it at the peak of our analysis.
Right now there might be the opportunity to rebuy although under some conditions.
Here are the details:
• The micro support is still in force .
If we break it down we may fall as low as 0.00234 or even 0.00226
• Median and EMA – it would be the best if EMA crossed up the Median.
Such a situation would make a safe trade .
Wait for it . It can come within a couple of hours.
• Weis Waves – in this case, we have to wait for decreasing supply and more demand showing up.
• WBM BUY/SELL indicator – it shows it is time to buy.
Please look at how accurate it was in the past
To sum up.
Wait till we observe more demand .
Watch the current micro support line. If we bounce from it we will go north.
Were you also observing BNB?
Thank you for your time and reading .
Drop us a line in the comment section.
Don’t forget to join us on Telegram .
Massive Hugs!
WBM Team
BNBUSD: All Targets hit. Consolidation ahead.Both our mid level TP set: 8.8857, 8.2522 and long term TP = 7.5154 have been achieved as the 1W Channel Down (RSI = 34.264, MACD = -1.053, Highs/Lows = -3.1643, B/BP = -5.2961), delivered another -45.50% bearish leg. Although that is not near the Lower Low limit (3.500 - 4.000), it indicates that the decline for BNB may be over. Our SOER strategy on BNBUSD has been completed and if within the next month a clear support is made we will update. On any other occasion, we are not interested in this coin.
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BNBUSD: Triangle on the verge of breaking downwards. Short.BNBUSD is about to cross the 1D Triangle (RSI = 37.445, Highs/Lows = -0.2892) to the downside, an event that will create a new Channel Down pattern on accelerated pace (MACD = -0.138, B/BP = -0.5823). Mid level TP set: 8.8857, 8.2522 (support levels), long term TP = 7.5154, wich will make an excellent Lower Low for the long term underlying bearish pattern of the 1W Channel Down (Highs/Lows = -0.3225).
BNBUSD: Strong consolidation within the Triangle.The Binance Coin is on a flat variance both on 4H (RSI = 47.049, STOCH = 46.766, CCI = -10.4198, Highs/Lows = 0.0000) and naturally within the 1D Triangle (RSI = 47.030, Highs/Lows = 0.0000). The long term bias though remain bearish as the 1W Channel Down weighs. We are expecting a bearish break-out by the end of the month towards the 8.8857, 8.2522 support levels. Our TP is intact at 7.5154.
BNBUSD: Channel Down emerged but still above the support lines.Despite the weekly (non-technical) volatility (ATR = 0.4643), the Binance Coin has created the anticipated Channel Down on 1D but remains largely neutral (RSI = 50.191, MACD = -0.050, Highs/Lows = 0.0000) due to Monday's spike. The 8.8857 and 8.2522 support levels need to break on this Channel Down. Our TP on BNBUSD remains 7.5154.
BNBUSD: 1W Lower High made. Channel Down emerging.The Binance Coin is trading just below the 10.66 1D Resistance which was marginally broken but appears to be rejecting the uptrend since (RSI = 51.974, Highs/Lows = 0.0000). If this is considered a Lower High on the 1W Channel (MACD = -0.305, Highs/Lows = 0.0000, B/BP = -1.3464) then a Channel Down should emerge towards the two support levels: 8.8857 and 8.2522. We remain bearish on the long term on BNBUSD with TP = 7.5154.
Another 0.618 Fibonacci rejection. Last attempt to break lower.The 1D Triangle was crossed to the upside but BNBUSD was again rejected near the 10.6630 0.618 Fibonacci which now acts as a Resistance on 1D (RSI = 51.257, STOCH = 54.064, Highs/Lows = 0). This has made an ideal technical Lower High on the 1W Channel Down (MACD = -0.245, Highs/Lows = -0.3186, B/BP = -1.9013) but is the last chance to break into a new Lower Low. We remain bearish with TP = 7.5154.
New 0.618 Fibonacci rejection. Triangle about to break.The 1D Triangle has extended to another 0.618 Fibonacci rejection at 10.6630 and BNBUSD remains mostly neutral on the short term (1D ADX = 24.067, CCI = -34.4623, Highs/Lows = 0.0000). The 1W Channel Down is still bearish though (MACD = -0.192, Highs/Lows = -1.0307, B/BP = -2.7842) and a cross below 9.05 is expected which will break the Triangle and allow our TP = 7.5154 to be accomplished.