BNBBTC
$BNB Binance Coin Head & Shoulders ALERT! ( @binance )Hello there ladies and gentlemen, BulloTaurus here with an important update for today today .
I've been looking why BNB is not getting any volume for upside movement after i have posted another chart with Binance Coin analysis.
Yesterday it was printing a nice rising wedge on Daily Timeframe and it was looking good but today the pattern got invalidated.
That's why zooming out is very important if you plan to trade long-term.
I saw the Head and Shoulders pattern only when i switched to weekly timeframe and all indicators show that you should SELL!
Don't get me wrong, Binance coin is awesome and its utility is unbelievable, USD chart should look better and bullish but BNB/BTC is bearish, very bearish...
RSI, MACD and other indicators are RED, i liquidated all my BNB holdings and i will better exit with a small loss than being a bag holder.
New trades appear daily, don't marry your coins!
Peace.
🍌 Please read the description 1-2 times including the Disclaimer before commenting 🍌
P.S. You're awesome! You can't be successful in all your trades, 30-40% is already higher than average traders you see!
BNB/BTC Multi-Timeframe analysis Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
💡 Don't miss the great buy opportunity in Binance Coin/BitcoinTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.001273). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Binance Coin/Bitcoin BNBBTC is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 34.
Take Profits:
TP1= @ 0.0014330
TP2= @ 0.0016390
TP3= @ 0.0018700
TP4= @ 0.0021850
TP5= @ 0.0024720
TP6= @ 0.0027740
TP7= @ 0.0033000
TP8= @ 0.0040050
TP9= @ 0.0048150
SL= Break below S2
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💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡 Don't miss the great buy opportunity in Binance Coin/BitcoinTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.001273). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Binance Coin/Bitcoin BNBBTC is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 34.
Take Profits:
TP1= @ 0.0014330
TP2= @ 0.0016390
TP3= @ 0.0018700
TP4= @ 0.0021850
TP5= @ 0.0024720
TP6= @ 0.0027740
TP7= @ 0.0033000
TP8= @ 0.0040050
TP9= @ 0.0048150
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
BNBUSDT - Potential sell entry 🔽BNBUSDT is printing a major falling wedge pattern on the 30M timeframe.
Price is testing the wedge resistance.
Price action is printing a minor rising wedge pattern.
Sell entry ⬇️ - breakdown below the rising wedge support + previous swing low.
Target 🎯 - Support levels.
Setup invalidation ❌ - breakout above the major falling wedge resistance.
Binance Coin W Price Outlook 20 December 20202Binance Coin price action on weekly timeframe I find quite interesting.
On chart we have sets of Weekly lows and levels, and Candlestick pattern which appearing here on W timeframe is possible Hammer candlestick, which is well know reversal pattern.
Below, on Standard Deviation indicator you can see we have oversold areas with arrows and they often represent actual low of the price.
BNBUSD price currently sitting at 34$ high, and this is quite big resistance, and not best point to buy, but next price action will depend on bnbbtc ratio IMHO.
If the price of bnbbtc will increase from this reversal signal, I think BNBUSD price can possibly cost over 40$ and even 50$. Well, let's see.
$BNB Binance Coin Quick Analysis Overview ( @binance )Hello there ladies and gentlemen, BulloTaurus here with a quick analysis for today .
Strong buy signals have appeared on BINANCE:BNBBTC .
We can see BNB printing higher heights forming a rising wedge
MACD and Momentum indicator are pointing us that there will be more upside movement if we look at the daily chart .
Risk: 6
Reward:7
Peace.
🍌 Please read the description 1-2 times including the Disclaimer before commenting 🍌
P.S. You're awesome! You can't be successful in all your trades, 30-40% is already higher than average traders you see!
BNBUSDT (Descending Channel Breakout)#BNBUSDT Technical Analysis Update
Channel Breakout
BNB/USDT currently trading at $28.50
LONG ENTRY level: $28.30- $28.80
STOP LOSS: $26.60
Resistance level 1( Target 1): 31.75
Resistance level 2 (Target 2 ): $35.20
Max Leverage: 4X
ALWAYS KEEP STOP LOSS...
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