Update on BNB: Falling Wedge with False Break. Good News?BNB is making a falling wedge pattern after making ATH at around 350. A few hours ago, it also made a false breakout which hopefully liquidated many positions. Now, it seems like BNB buyers are getting in the form.
If it breaks the 339 mark and stays there for a while 380 and 420 are next stops.
BNBBTC
BINANCECOIN (BNBUSDT/BNBBTC) Daily Trade Setups 2021/02/20Hi guys! I will be sharing the trades that I take in real time, follow to see how my trades work out!
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Trade Setups
Below are the potential trade setups that I would be interested in trading:
BNBUSDT
Long Trade Setup #1: Breakout and Continuation
1. Price Action: Price breaks above and falls back down to $350 and bounce back up.
2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming
Short Trade Setup #1: False Breakout
1. Price Action: Price breaks above and then falls below the high @ $350, forming a bull trap
2. Trade Entry Confirmations: A breakout candlestick followed by a breakdown candlestick, above average volume on both breakout candle and breakdown candle, MACD topping out
BNBBTC
Long Trade Setup #1: Breakout and Continuation
1. Price Action: Price breaks above and falls back down to 653K Sats and bounce back up.
2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming
Short Trade Setup #1: False Breakout
1. Price Action: Price breaks above and then falls below the high @ 653K Sats, forming a bull trap
2. Trade Entry Confirmations: A breakout candlestick followed by a breakdown candlestick, above average volume on both breakout candle and breakdown candle, MACD topping out
About Me
I started trading in 2008, first got introduced to bitcoin in 2009, and have been actively trading cryptocurrencies since 2016.
I have worked on Wall Street trading bonds, stocks, and options.
I have taken hundreds of live trades, each recorded with over 50 data points, all meticulously analyzed, using data analysis and modeling to optimize win probability and risk reward.
Why Follow Me
Daily analysis on the latest market movements and price zones for high probability trade setups.
Sharing of live trades that I take.
A great place to help each other, learn from each other, and grow together.
Trading education including a comprehensive cryptocurrency trading eBook, personal advice, and other educational materials
Constantly testing and adding new trading strategies and refining battle-tested ones.
DISCLAIMER: I am NOT a financial advisor and this post is NOT financial/investment/trading advice. I will not be responsible for any actions you take based on the analysis and comments that I provide. I am simply sharing what I am doing, and is not meant to be investment or trading advice. What you choose to do with the information that I provide is your own sole responsibility! The cryptocurrency market is extremely volatile, and you WILL lose all your money if you are inexperienced! DO NOT risk any money that you cannot afford to lose and always be cautious and manage your risk!
Please support me by liking and following, and sharing your ideas and analysis in the comments! Thanks!
BINANCE COIN (BNBUSDT/BNBBTC) Daily Trade Setups 2021/02/19Hi guys! I will be sharing the trades that I take in real time, follow to see how my trades work out!
If you like this post, please support me by clicking the like and follow buttons. Also feel free to share your thoughts and analysis in the comments below!
And don’t forget to check out my daily analysis on Bitcoin, Ethereum, and Altcoins!
BNB has been rallying very strongly recently, driven in large part due to the success of Binance Smart Chain and the defi ecosystem that is being built on it. It is very possible that price continues to rally from here, but should we have a correction, the levels marked out are potentially great entries to go long. I will also continue to monitor the market structure to see if we can get an entry closer to current prices.
Trade Setups
Below are the potential trade setups that I would be interested in trading:
BNBUSDT
Long Trade Setup #1: Retest and Continuation (200MAs)
1. Price Action: Price needs to move back down to the 200MAs, currently projected to be @ $145 by the time price reaches it, and bounce back up.
2. Trade Entry Confirmations: Bullish candlestick pattern, Above average volume, MACD bottoming
BNBBTC
Long Trade Setup #1: Retest and Continuation (200MAs)
1. Price Action: Price needs to move back down to the 200MAs, currently projected to be @ 300K Sats by the time price reaches it, and bounce back up.
2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming
About Me
I started trading in 2008, first got introduced to bitcoin in 2009, and have been actively trading cryptocurrencies since 2016.
I have worked on Wall Street trading bonds, stocks, and options.
I have taken hundreds of live trades, each recorded with over 50 data points, all meticulously analyzed, using data analysis and modeling to optimize win probability and risk reward.
Why Follow Me
Daily analysis on the latest market movements and price zones for high probability trade setups.
Sharing of live trades that I take.
A great place to help each other, learn from each other, and grow together.
Trading education including a comprehensive cryptocurrency trading eBook, personal advice, and other educational materials
Constantly testing and adding new trading strategies and refining battle-tested ones.
DISCLAIMER: I am NOT a financial advisor and this post is NOT financial/investment/trading advice. I will not be responsible for any actions you take based on the analysis and comments that I provide. I am simply sharing what I am doing, and is not meant to be investment or trading advice. What you choose to do with the information that I provide is your own sole responsibility! The cryptocurrency market is extremely volatile, and you WILL lose all your money if you are inexperienced! DO NOT risk any money that you cannot afford to lose and always be cautious and manage your risk!
Please support me by liking and following, and sharing your ideas and analysis in the comments! Thanks!
BNB/BTC now 210% up from our entry so Please Take profit here#BNB/BTC Profit Update:-
#BNB/BTC Hit our all Targets.
#BNB/BTC I told you to buy at 0.00125 BTC
And currently trading at 0.00372 BTC
So currently we are in 209% pure profit.
Entry:- 0.00125 BTC filled ✅
Targets:-
TP1:- 0.00165 BTC ✅
TP2:- 0.00232 BTC ✅
TP3:- 0.00369 BTC ✅
Hope you all are very happy with my analysis.
Guys please take profit and Enjoy with our Quality analysis.
Please click LIKe button and Appreciate my hard work.
Must follow me for latest crypto real time updates.
Thank you.
BNBBTC – Potential 22% gainsBNBBTC – Potential 22% gains
BUY: 0.00272
TARGETS:
1) 0.00332
STOP: Close below 0.0025
Rationale:
-BNB has been making a descending triangle
-Descending triangles often signal continuation
-Buy the breakout, or wait for the breakout and buy the retest
Your risk, your reward. This is not financial advice.
Happy trading.
BINANCE COIN (BNBUSDT/BNBBTC) Daily Trade Setups 2021/02/18Hi guys! I will be sharing the trades that I take in real time, follow to see how my trades work out!
If you like this post, please support me by clicking the like and follow buttons. Also feel free to share your thoughts and analysis in the comments below!
And don’t forget to check out my daily analysis on Bitcoin & Ethereum!
Trade Setups
Below are the potential trade setups that I would be interested in trading:
BNBUSDT
Long Trade Setup #1: Retest and Continuation (S&R Flip)
1. Price Action: Price needs to move back down to the S&R flip @ $148.4K and bounce back up.
2. Trade Entry Confirmations: Bullish candlestick pattern, Above average volume, MACD bottoming
BNBBTC
Long Trade Setup #1: Retest and Continuation (200MAs)
1. Price Action: Price needs to move back down to the 200MAs, currently projected to be @ 270K Sats by the time price reaches it, and bounce back up.
2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming
About Me
I started trading in 2008, first got introduced to bitcoin in 2009, and have been actively trading cryptocurrencies since 2016.
I have worked on Wall Street trading bonds, stocks, and options.
I have taken hundreds of live trades, each recorded with over 50 data points, all meticulously analyzed, using data analysis and modeling to optimize win probability and risk reward.
Why Follow Me
Daily analysis on the latest market movements and price zones for high probability trade setups.
Sharing of live trades that I take.
A great place to help each other, learn from each other, and grow together.
Trading education including a comprehensive cryptocurrency trading eBook, personal advice, and other educational materials
Constantly testing and adding new trading strategies and refining battle-tested ones.
DISCLAIMER: I am NOT a financial advisor and this post is NOT financial/investment/trading advice. I will not be responsible for any actions you take based on the analysis and comments that I provide. I am simply sharing what I am doing, and is not meant to be investment or trading advice. What you choose to do with the information that I provide is your own sole responsibility! The cryptocurrency market is extremely volatile, and you WILL lose all your money if you are inexperienced! DO NOT risk any money that you cannot afford to lose and always be cautious and manage your risk!
Please support me by liking and following, and sharing your ideas and analysis in the comments! Thanks!
Following the big moveI am following BNB in 4h chart.
Still didn't get confirmation, we have to wait a few more hours.
First target is for the triange. 154.25
Second target is for the flag 207.49
SL is the final deep, 118.2
I'll update if we get the confirmation.
Please follow candles after they closed.
BNB to outperform BTC BNB, the Binance coin, had a phenomenal week, setting a USD all-time high of $148.
In BTC terms, however, BNB is still behind its April 2019 high of 0.00481340.
Back then, Binance has championed the idea of Initial Exchange Offerings and introduced a lot of new functionalities to its BNB token.
And now Binance is going at full steam to integrate and lead all things DeFi. This seems to have been reflected in the token price, which gained +58% last week.
To check if the rally would continue, we’ve asked Hybrid Intelligence this question:
“The cryptocurrency Binance Coin (BNB/BTC) settled at 0.0027626 BTC at 12:00 PM UTC at the Binance exchange on Monday, February 15. Will BNB/BTC trade above 0.0031759 BTC (+14.96%) earlier than trading below 0.0023493 BTC (-14.96%)? (forecast 51-100% - bull scenario. 0-49% - bear scenario)”
Assurance: 88%
This is a bullish signal, suggesting that Hybrid Intelligence expects BNB to outperform BTC before any meaningful correction.
BNBUSDT (Symmetric Triangle formation)BNBUSDT (1H CHART) Technical Analysis Update
Waiting for the symmetric Triangle breakout
BNB/USDT currently trading at $134
Buy-level: Above $135
Stop loss: below $124.50
Target 1: $150
Target 2: $175
Target 3: $200
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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