Bnbbitcoin
BNB Long Term AnalysisBNB is killing the market with massive profits .
This is my TA for long term...
As you can see we have 5 waves in 1W Chart.
Stoch RSI is in overbought crossing with selling signal.
BNB got rejected with the the top of the trend line .
Looks like BNB started the correction for this last 5 extended wave.
If BNB is in correction mode now I am expecting ABC correction .
Based in the VPR
the biggest support is at .618 fib level
There is almost nothing as real support for BNB until .618 fib level but the support line could be a very good support and the top of Wave 3 at .382 fib level.
So I am expecting for this correction C could be the top of the Wave 3 and at the same time touching the support trend line is a very good entry for long term.
But If BNB breaks and hold the top of the resistance there is nothing to stop BNB to go higher.
I will pay a lot of attention for the incoming weeks for this coin.
Whale Longing on $BNB!Binance has been the best exchange through this year and looking forward for their decentralized exchange project. Binance no doubt has massive progress and the most idolize one among their competitors on the market.
At the current moment market really looks side way, for non-leverage traders it's quite boring if the market goes this way, as we need to have more capability in analyze the market movement. There are a lot of tokens, coins and fork out there that we need to pick and consider for our own short-term - mid term benefits.
I pick BNB at the moment and start to long, even though from the last post I was short. I see some stability that BNB price has good support. It is not a surprise. People will go hard for BNB and they keep burning their supply regularly. That's a plus point despite the trust towards the team.
Looking at the chart it has been in my buy range for weeks and it looking great for the first entry. My three sell orders are on the chart that you can look by yourself.
If all of these ideas I posted helps you, give them thumbs up, shares, comments and follow me. If you have a suggestion, just fill in the comment sections or message me. Looking forward to hear from you all. Thanks a lot!
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BNBBTC Binance 1D up to 16JUL18 Crypto Trading Analysis (TA)BINANCE:BNBBTC
1D Chart, also works in 4H, at this time BINANCE COIN (BNB) is moving up from the SUPPORT ZONE (0.0019000 BTC), gaining strength to increase its price. The 50, 100, 200 MA 100/200 days signals keep moving into an ascending divergent movement, the MACD Indicator signals are about to pierce below the Histogram (GREEN ARROWS), and the RSI Index is in Bullish after reversing from a descending movement to the 35 mark (BLUE ARROW), we could spect the BNB price to move UPwards in the next days. But remember, this is our optimistic approach, keep in mind that is plenty of possibilities to witness a reverse from any point at any time. At this time the Market Cap is in the 260 Billions Band and the BTC is traying to push over $6.6K. Good Luck!
1D Chart, también funciona en 4H, en este momento BINANCE COIN (BNB) se está moviendo hacia arriba desde la SUPPORT ZONE (ZONA DE APOYO 0.0019000 BTC), ganando fuerza para aumentar su precio. Las señales de 50, 100, 200 MA 100/200 días mantienen su movimiento divergente ascendente, las señales del indicador MACD están a punto de cruzarse por debajo del histograma (FLECHAS VERDES), y el índice RSI está en Bullish después de retroceder desde un movimiento descendente a la marca de 35 (FLECHA AZUL), podríamos ver el precio de BNB para moverse hacia ARRIBA en los próximos días. Pero recuerde, este es nuestro enfoque optimista, tenga en cuenta que hay muchas posibilidades de presenciar un retroceso desde cualquier punto en cualquier momento. En este momento, Market Cap está en la Banda de los 260 mil millones y el BTC está tratando de superar los $6,6K. ¡Buena suerte!
"Cryptocurrencies represent for banking system what Gutenberg’s press was for literature. As the church lost control over the manual rewriting of books, the central banks are losing control over new cryptocurrencies."
REMEMBER: I am not a financial adviser nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. RECUERDE: No soy un asesor financiero y el contenido de este artículo no se presenta como asesoramiento financiero. La información provista en esta publicación de blog y cualquier otra publicación que haga y cualquier material que la acompañe es solo para fines informativos. No debe considerarse asesoramiento financiero o de inversión de ningún tipo. Se debe consultar con un profesional financiero o de inversiones para determinar qué es lo mejor para sus necesidades individuales.