Bnbshort
BNBUSD: Analysis using Ichimoku 22/07/2020H4
On D1, the cloud is directing upward, indicating an uptrend. Also, the boundary of the ascending plane (channel) is visually visible, which can be a price correction.
Conclusion:
The price can form a local triangle-shaped correction pattern. RSI H4 may also form a triangular range.
We recommend buying BNB at the end of the triangle pattern formation.
H1
At H4, the cloud is directing upward, indicating an uptrend. RSI H1 is near the oversold level.
Conclusion:
It is worth paying attention to the possible resistance line, which could become the border of the triangle on H4. We recommend selling BNB when the price reaches the resistance line, and RSI H1 reaches the overbought level.
In the medium term, we should expect the price to rise to the level of $20, possibly higher.
BNBUSD: Analysis using Ichimoku 17/06/2020H4
At D1, the cloud is directing upward, indicating an uptrend. On H4, the cloud is directing downward, indicating the formation of a correction for D1.
Conclusion:
We recommend buying when the RSI reaches an oversold level on the H4.
H1
At H4, the cloud is directing downward, indicating a downtrend. At H1, the cloud is directing upward, indicating the formation of a correction for H1.
Conclusion:
We recommend selling when the RSI reaches an overbought level on H1.
Good luck!
🤢 Binance Under Pressure.(BNB)🤮 Top red line is current major Resistance and we are already showing potential signs of exhaustion for price continuation.
This is what we would call a range play on the Crossover strategy as the candle begins to fire red and showing signs of the Crossover. The ema dots are also firing red. These are the type of plays we look fo. Use the height of the candle as a stoploss or exit the short if the candle flips back up to green.
We like to use the 3day because as you can see it cuts out most of the noise, typically a safer trade to take trading larger timeframes vs lower timeframes.
We like to use 1-2% and sometimes 3% stoploss. Usually a 1% move back up will shift the Crossover strategy to show you signs of exit. It's all about playing the turning points in the markets and risking that small amount and riding the gainers. You will Capture the major trends even if it were to flip on you and get stopped out for a 1 - 2% loss. As of now we look bearish. Preferably we would like to play the reversals at the edges of major support and Resistance, but it is an opportunity.
If the ema dots go green and candle gles green then you would look to play the bulls.
Do not let the trade get away from you if it goes bad. Risk management is key! More important than anything!
Never go all in on one position and never marry a bad trade!
Best of luck to you! 🎲🎲
🥇MLT | MAJOR LEAGUE TRADER
BNB: Analysis using Ichimoku 08/06/2020H4
The price is trading above the Ichimoku cloud by testing the border of the trend line.
RSI is in an undefined state, indicating a correction.
Conclusion:
We recommend buying from a key Fibonacci level of 61.8%.
H1
The price is below the Ichimoku cloud, indicating a local correction. RSI has formed a convergence, indicating a possible end to the correction.
Visually you can see a formed initial impulse in the direction of the older trend.
Conclusion:
We recommend buying from a key Fibonacci level of 50%, and also when reaching the RSI of oversold level.
Good luck!
BNB UPDATE I can count 5 waves down on the 15min so, I know that we'll see more bearish action in the future. How deep? Well, at least to <18
There is also some bull divergence on the 15min timeframe. Will we bounce soon? If correct, I expect a complex/sideways pattern with $21.8 as resistance followed by new dump.
Stay safe!
BNBUSD - Good opportunities 15/02/2020Friends, support this idea with your Like and any Comment. Thanks.
I expect a decline in the framework of wave C of (iv), after which the price may continue to rise in wave (v) of 3.
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BNB at free fallIt is very representable about whole crypto market structure, that coin having so much fundamental reasons to be stable (comparing to others), look so shitty against USD. The whole crypto market is a bubble, that blow up each time BTC makes a move. Now BNB price is entering a zone that has no support till 11.5 (left since March 2019). Means it can easily dump there without any stop. I draw weak support at 12.36 zone, but it comes from July 2018, so I wouldn't give it too much potential for bounce.
Slight BNB bounce, and short opportunityBNB is bouncing from support, and will probably go to retest the support trendline it broke down from around .0036-37 sats. There's some nice confluence with MAs around that point, so I lean towards it getting rejected from here. I'd short the retest of the trendline.
$BNBBTC continues parabolic run with massive volume surge and C& If you’ll notice from my last BNB posting (the mid-long last week) has so far been on track and now has developed into a perfect opportunity for a profitable short.
As the chart indicates the cup and handle is the deciding factor in this technical analysis as i say many times when conducting TA; I wait for two “confirmations” (3 if the volatility is exceptionally out of hand / awesome) and by confirmations, on this particular pairing:
I saw the pattern formation with master volume using TLine hit n’ run EMA8,12 SQZ + volume to catch the breakout.
Additionally the crossing of R1 & S2 would help bolster this projection.
Then finally the C&H beginning to form was more than enough to go on that BNBBTC is showing healthy growth with no signs of slowing down.
Though (IMO) I would short at TP (only one target) and while many others may respectfully disagree I understand where they’re coming from but I didn’t get where I am today by taking needless risks of the ROI on the entry yields above 50% in under 48-72 if its sideways but broke suppirt then anywhere from 2-3 days to 5-7 days to 7-10 days are the usual timeframes / hours - days I usually work with) and arguably most forex traders tbh.
Thus I would set your stop loss at the anchor in the charting and set your alert for TP and my ETA for said timeframe is expected to be about 60 hours and I have been pretty nasty with the predictions as of late (after all I am the w1z ) and lets see how this pans out.
P.S. I’ll be at Hackathon all day in Brooklyn NYC; so I’ll try to update and post but forgive me if I’m late to do so. I thought I’d squeeze one in real quick with my morning coffee before I bounce. give me a shoutout if you’re there. Im gonna compete for that 10K and even if I lose it will still be fun haha.
Peace && Love
-@a1mTarabichi
*Disclaimer:
This is not financial advise. It is solely for entertainment & educational purposes. Feel free to express your own opinions as well; I encourage you to do so but don’t invest a penny more than you can afford to lose & as I always say: TRADE WITH YOUR HEAD, NOT WITH YOUR GUT
BNB Mega profitIt must be one of the biggest profits we've made! Since I have detected (March 7) this opportunity for VIP member. We are full sellers at $ 32. Jávais said we could go to 32.5 but it's risky. I am waiting for a return to $ 24 to buy again.
If you want an update it is possible from 30 likes.
BNB needs to retrace a bit before it can go to new all time highI expect BNB to go down to at least the weekly level here. So if you are trading on bitmax i would definitely be shorting it to that level if it was me
at that weekly level i expect BNb to have a decent bounce as a minimum reaction for a long will it make ATH's from there? it is possible altho i do not think so.
I think it has to go down to 1 of those 2 big daily S/R levels preferably the bottom one. If it doe that i would personally be loading up hard on longs
$$$ I LOVE MAKING MONEY!! TIME TO BUY BUY BUY!! $$$Hello Everyone,
It has been a while since my last analysis, life has been work busy. Today I decided to take the time to sit down and do some analysis for those of you interested in what I have to say. With that being said, using all of my techincal indicators and data, I have been swing trading BNB/USDT and TRX/USDT for the last several weeks with much success. Up until the today my favorite buy in area has been $17.50 with an exit anywhere between 18.50-19.50 depending on how the day has been going with trends. Currently I am very excited because BNB/USDT has broken below my personal buy area and,is holding strong with an average of $17.00-$17.30. I am going to be making another entry around these levels with a stop loss of $16-$16.30. There is a large ascending channel which is a positive upward sign, however, the pair is currently riding the lower band of that channel so we need to watch this area to see if it holds or, breaks below the channel. The pair is trading inside of the lower resistance zone (Red Boxes) which is off set in between the 100 and 200 MA's (Orange Lines) and riding in between the channel made by the MA's. I will be watching this area closely to see what direction we end up traveling. If we are able to break above the 100 MA we are closely approaching the upper portion of the lower resistance zone. If it holds and maintains, we are once again likely to see a break out towards that upper resistance zone (Red Upper Box). We have not been able to break above the upper resistance area of roughly $20 which I have been successfully using as an exit area.
The short term trend is currently showing bearish signs so, those shorting this pair can consider setting a stop loss around $18.67. IF you decide to enter in the current area keep in mind that the bulls can regain control within a few days. I say this because the current trend is showing bearish signs, yet the long term is still bullish. Short traders can see an entry point marked by the red "E" which is telling me the trend is expected to possibly drop again for a small profit before it continues it's bullsih momentum.
The overall long term is still showing a bullish trend on the martin trend indicator (green dotted line below the candles). The martin buy/sell indicators has just had a cross above the green lower green line which is a buy signal detecting a possible bullisih trend reversal. This is my entry point for the next swing trade. If the upper resistance continues to stand strong I will exit here once again. I have been flipping this pair with an average of %5-%10 profit with each trade. This has been a really fun and exciting pair to trade and I plan on riding this wave as long as I can.
You also need to keep an eye on all of these areas and enter into a range based on the data you are seeing. Even though my indicators are showing a bearish mood, the overall trend is still bullish. The BNB/USDT pair seems to shift gears every 6-10 days. The bollinger bands, which are not shown here, are also indicating buy signals for long traders. The candles are riding the lower portion of the bands which is a buy low/sell high entry point as well. My overall sentiment on this pair is to flip it and take advantage of the highs and lows with every sentiment change. I have a current buy order placed at $17. I will adjust this number accordingly with minor adjustments if I see any price fluctuations.
Currently the RSI and Stochastic are neutral but both a riding closer to the bearish/oversold side of the scale.
RSI = 38.9
Stochastic = 40.1
Please hit like and throw me a thumbs for taking the time to inform you all of what I am seeing and doing with my trades or, if you have found this information helpful or useful! :-) I hope you are all successful in your trades and I encourage you to always do your own research as well for maximum success.
Good Luck and Happy Trading! :-) :-) :-)
-AWC-
*THIS INFORMATION IS INTENDED FOR EDUCATIONAL USE ONLY AND IS NOT MEANT AS ANY BUY/SELL ADVICE. TRADE AT YOUR OWN RISK.*
BNB BEST CASE SCENARIO Traders,
Here we have BNBUSDT 1D chart.
Beginning with this simple question: Can BNB Continue To Go Up Forever? Maybe
- Should You Bet That Way? I Don't Think So
We have 2 golden level from two different highs make it a strong gate to be broken.
first we need to touch 17$ level then small correction should be done from 14$ again we will update.
Movements of these candles tell me not to be too complicated at bull rally trying to be simple to reach the best results of analysis.
Regards,
Mohsen