BNB-BTC
It's Time to Consider BNB As Your Base CryptocurrencyFUD is nothing new, but in recent weeks cryptocurrency trading has been increasingly tough. Bull markets rarely ever teach us anything as nearly everyone makes money in Bull markets. Every coin is seen as either a great project today or the future coin of tomorrow. Projections and promises of these projects tend to be high; and so tend to be their price. Even lackluster returns or news can send a coin skyrocketing.
Bear markets, in comparison, show us the real "meat on the bone." They help us see what projects people actually believe in versus what projects were speculative in nature; only being chased for the hopes of abnormal returns.
It goes without saying that it has been a tough year for Bitcoin. My actively traded investment has fallen nearly 20%. Bitcoin seems to loose against the USD on a daily basis, with bad news ruling the headlines.
But what if I told you that there was a better way, and that there is a coin that is OUT performing its 200 SMA? What if I challenged you to describe what exactly makes BTC so special that everyone wants to accumulate it? What if I told you that the best investment to accumulate BTC would be to change currencies? Finally, What if I challenged you to seriously consider changing your base currency to Binance Coin?
You would probably tell me that the devil is in the details.
Let me share them with you.
BNB is currently trading at nearly $15 and has gained steadily since it struck bottom in February. Instead of trending downward and scaring the entire crypto community half to death, BNB began a nice uptrend. Overlaid (in orange) is BNB versus BTC. It doesn't take a rocket scientist to see that there is no comparison. BNB is currently the only coin that is actually outperforming SMA 200 against BTC, USDT, AND ETH.
Furthermore, BNB is a fundamentally sound coin. The Binance exchange accepts this coin as payment for fees on the exchange. Traders get their fees half off (.05%) if they use the coin; which is currently the cheapest fee in the industry. Traders have been flocking to this site (myself included) because of its incredible liquidity and the ability to save loads of money on fees. Binance has quadrupled its customer base since January, and this kind of expansion is likely to continue.
Furthermore, Binance has limited the supply of this coin, which will increase scarcity and raise prices.
Lastly, Binance has become a trusted name in crypto; and this is likely to continue for as long as the managerial decisions are in line with the basic investor.
While no one will likely say that BNB is going to be the next world currency, it has shown that it is good store of value while the Bear market continues to drag on. Setting your AI and strategies to trade against BNB simply can't go wrong in the short term; as you can always re buy BTC or ETH at a later date for your long term HODL.
Many, including myself, have been searching for a way to short BTC in this market. BNB may present the best way to do it.
BNB/BTC 4HAccording to the signals of Ichimoku, the medium-slip signals to the Fibonacci Fan Fibonacci, Fibonacci Fagots. We see several signals for the purchase of BNB. A special important signal is the appearance of the "Golden Cross" by Ichimoku and the predominance of purchases over "Komu" and "Kijun-Sen". With price signals.
Expectation of BNB/BTC/4H
According to the signals of Ichimoku, the medium-slip signals to the Fibonacci Fan Fibonacci, Fibonacci Fagots.
We see several signals for the purchase of BNB.
A special important signal is the appearance of the "Golden Cross" by Ichimoku and the predominance of purchases over "Komu" and "Kijun-Sen".
BNB - Enter price - 22,500-22,800Hey,
I posted at sunday mine stoploss trailing's in BNB/BTC position,
Now after BNB had fallen to the 0.382 Fib and there is a nice support too at 22,500 ,
we can buy back BNB/BTC at 22500-22800 area,
Good luck and happy traiding everyone.
*Do not take as a Trade recommendation
ICON (ICX) Ready 4 Breakout (50% Profits Potential)ICON (ICX) is getting ready to breakout. This is a very strong altcoin available for trading on Binance. Really good volume.
Let's take a closer look and position ourselves for a nice, very low risk and high reward trade.
ICON (ICX) Trade by Alan Masters
CHARTS, SIGNALS & INDICATORS
- You can see the triangular pattern on the chart above. ICON is getting ready to move after a 6 months long retrace.
- We have a double bottom on the RSI and bullish divergence on the MACD.
- Weekly closes today, but reversal candle has formed.
- Plenty of room available for growth up in the weeks to come.
TRADE INSTRUCTIONS
Buy in: 0.000282 - 0.000322
ICON (ICX) Targets by Alan Masters:
(1) 0.000378
(2) 0.000432
(3) 0.000475
Note: Use targets as reference only to sell for profits. Not all targets are meant to be reached. Make sure to sell small portions of your holdings each time you reach a target and only leave behind 20% for the higher targets. Here you can learn more: Selling the targets - The Basics.
Stop loss: 0.000210
UPCOMING EVENTS
- 30 June 2018 - ICX / ETH DEX Launch. ICX/ETH Decentralized exchange.
Low risk, high reward...
This is exactly what we need and what we want.
Namaste.
DopeCoin (DOPE) 2nd Entry (200%+ Profits Potential)DopeCoin (DOPE) 2nd Entry by Alan Masters
DopeCoin (DOPE) charts signals are showing room for a second entry. Let's give it a try for an additional trade for this coin.
Looking at the daily chart, we have a very strong buy signal, coming from the 4+ month old bullish divergence on the MACD.
TRADE INSTRUCTIONS
Buy in: Up to 0.00000410
DopeCoin Targets:
SHORT TERM
(1) 517
(2) 619
(3) 783
(4) 900
Stop loss: 0.00000300
Capital allocation: Up to 2%.
Time: 2-4 weeks.
Thank you!
Namaste.
Bullish trend comaprison: BNB versus BTC versus ETHComparison of the bull trends for BNB/USDT, BTC/USDT, ETH/USDT. The three indicators are Red=BNB, Orange=BTC, Yellow=ETH. Bullish when indicator crosses over 50. User customizeable, can specify upto 10 pairs to see if they have any correlations to each other.
Binance, BNBBTC - Most likely Target for Wave 5Binance, BNBBTC fundamentally solid coin with great long-term potential. Also one of the better performing coins, especially during current uncertainty or BTC corrections and bear market.
I've talked about the inverse relationship of BNB vs BTC before so you can read about that under related posts as well.
But let's take a look at how it's performing right now and see what we have in store.
Since half May BNBBTC is on a nice run-up and started a new impulse wave up which you can see above. I think we're currently in wave 5 within a channel.
If I would target the wave 5 at the moment then it would be around the 25.000 - 25.500 satoshis area cause its confluent with the 1.618 and .786 fib. extension levels of respectively wave 1-2 and wave 3-4 are and also touch of the upper trendline (purple).
So for the short term, I think we can expect BNBBTC to hit the above target.
Leave a comment if you have any questions.
Like the post, if you liked it and share it if you loved it. This is for good karma.
And until next time, good luck with your trading!
BNB :- 4hr Chart Triangle Binance Coin :-
BNB is within a symmetrical triangle on the 4hr chart and looks like we could see either a break down or break out from these levels.
A 30% either down or up move is in order for this crypto.Profitable trade in the making.
Wait for a clear price-volume breakout before entering the trade.
#BNB Volume Analysis Prediction 4/05/2018Ticker: BNB/USDT
Exchange: BINANCE
Signal: mid-term @Long
Long position on strong support, from which buyers were active
BNB is one of the few coins that moves completely independently
Now the coin is in a rollback phase, after a strong upward momentum,
and depending on who wins now in this consolidation (bulls or bears)
It will be determined or the rollback will continue, or the trend phase will continue
Entry point: 12.10
Stop: 11.95
Target1: 12.50
Target2: 13.10
Fancy a Cuppa?I'd better put the kettle on.
After a relatively successful Wedge, it's time to turn our attention to BNB's 4H Cup and Handle pattern.
C&H - This beauty is fully formed at is spiking as I write this, and with more information about Binance Chain and a BNB burn likely coming soon, now could be a great opportunity to buy in.
Targets - I've marked some previous ATHs - I'd love to see BNB smash my 14.2k target.
Trend Indicators - RSI has a support to fall back on, though with this pattern I doubt it'll be necessary.
I'd laugh if you thought I was a financial adviser. Your money, your problems.
If you liked this, I'd love a follow and a like .
There you have it! Milk and sugar?
~Retro
BNB/USDT Update 22 Mar 18BNB seems to be making an (open ? - I really can't grip the word right now) triangle formation WHILE also trying to break the 11$ .
Well, that's at least what it was trying to do before the Bitcoin Shakeuk which happned while I was writing this. So I guess it will stay in this triangle for a bit more.
Showing Strong Support on 10 USDT and 10.3 USDT. If those break, STRONG SUPPORT on 9.6 $ (Thanks Bitcoin...)
There are two critical areas in my opinion. If it managed to breach one of them, the open triangle trend might change and Elliot abcde might fail.
I can't really do better than this right now - I'm on a 14'' screen for a long time.
This is what I'm seeing at the time of writing this. Things probably will change if BTC makes another dive - adapt your trades accordingly.