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BNBEUR

BNB Head and Shoulders*logarithmic scale* Binance Coin broke the uptrendline, formed Head and Shoulders 🤷 pattern and price just broke the Neckline recently. I think there is chance for drop to 166 (logarithmic scale target) and even to 116 (regular scale target - see below). Setting SELL LIMIT order to neckline level to catch🎣 the potential pullback. ENTRY : neckline @ 255 STOPLOSS (SL) : Right Shoulder @ 317.8 TARGET (TP) : H&S target projection @ 166 (logarithmic scale) | H&S target projection @ 116 (regular scale) REWARD RISK RATIO (RRR) : 1.44 | 2.24 INVALIDATION : when SL level hit
Short
by bizmark
25
BNBUSDT, Exactly done our wayGood Night everyone Did you check our last analysis ?? According to our last analysis we shown on chart the way that the price can move like it and exactly done the route, and now we are going to impact again the 2 support zone area that we shown on chart, we think the price is ranging until reach to the cross of encounter two support zone area that is the first one the trendline support and the second one the static support zone, then its time to go up and we will publish new update of chart that time Some of our previous analysis of BNB : If you have any question just ask us Good Luck Abtin
Long
by Abtin00
BNBEUR - short term analysis BNB have seen a very rapid and abrupt surge in the recent time, for this reason is very complicated to find what will be support or resistance levels. I think in the past few days we have seen the bulk of profit takings and now we are ready for a new surge in the price. As I was saying the surge has been abrupt and extremely fast for that also the fell has been of similar nature but now we can see a stop and some sideway action that could lead to a consolidation around the current price range. if the consolidation succeed we are in for a new uptrend and a possible retesting of the previous ATH.
Long
by BurningStacks
3