BNBBTC trade ideas
Wait, BNBBTC was a fib retracement this whole time?Always has been.
Cracking 10 mBTC looks like it could be just the start for this strong coin
BNB in 2021 is about 500x stronger and more useful than ETH in 2017
BNB OvervaluedOpening BNB short positon against Bitcoin at a price of 0,0108 aiming 10% profit. It is deffinitely over priced and in my opinion it will go down at least 0,077 per bitcoin. Not financial advise
BnB AnalysisIf price drops to former resistance level could act as support for price action to move towards previous alltime high or further
BNBBTC Macro viewGreat profits have been made since Binance coin released and especially this season so it's time to rest a little bit to start a new ATH.
We have reached a major historical resistance and I believe there will be a nice pullback for re-entry.
Happy profitable trading day. Cya at the moon 🚀🚀
Binance Coin (BNB) : Still no signs of slowing down
Binance Coin (BNB) was mentioned in our earlier post linked below and so far has increased around 200% in value. It is now showing signs of increasing further with a Bull Pennant Pattern which I will explain below, alongside some of the information from our last post that explains what BNB is and why this token is important in the Cryptocurrency space.
If we hold above monthly support and break weekly resistance area then BNB is setting itself up for a potential massive increase.
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What is Binance?
Binance is the worlds largest cryptocurrency exchange. Binance was founded by Changpeng Zhao, a developer who had previously created high frequency trading software.
1. What is Binance Coin (BNB)?
Binance Coin is the crypto-coin issued by Binance exchange, and trades with the BNB symbol. Binance coin runs on the Ethereum blockchain with ERC 20 standard, and has a strict limit of maximum 200 million BNB tokens.
2. How Is Binance Coin’s Supply Controlled?
Binance held an ICO for BNB (basically the same as a IPO ), originally selling 100,000,000 coins to those that wanted to participate. The founding team was allocated 80,000,000 coins and the other 20,000,000 went to initial investors.
3. How Is Binance Coin Distributed?
Each quarter the Binance exchange uses 20% of its profits to buy back BNB. Think of this like a share buy back that a traditional company would engage in. Binance will then destroy these coins (this is called a coin burn), in turn reducing the supply until 100,000,000 BNB remains outstanding. All in all, half of the originally issued coins will be destroyed.
4. Why is this positive for BNB ?
The rules of Supply & Demand tell us that when the demand of an asset outweighs the currently supply, we often see a increase in prices.
In BNB's case, first of all the tokens supply will be lowered over time with the BNB Coin burn described above: almost by half. Cryptocurrencies and Crypto Trading continues to increase in popularity and with Binance positioning itself as the #1 Crypto Exchange Worldwide one can only expect the demand to use BNB Token will increase, because BNB is used to power the Exchange Ecosystem, with features such as fees discount & digitized loaning & staking the growing user base will want to use more & more BNB token to lock in their fee discounts and receive potential rewards.
Today more staking was announced which seems the perfect timing for more growth:
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Bull Pennants are a little different to Bull Flags but are almost identical in appearance and are traded basically the same.
The most important factor in identifying any flag or pennant pattern is the clear "staff" or "flagpole"; there should be a straight run upwards leading up to the pattern or it is not a valid pattern.
After the straight run upward price starts to Zig Zag between two converging trendlines forming a tight wedge (it can be slanted, or even symmetrical) until the price "breaks out" above the upper trendline signifying a possible continuation in trend upwards.
Bull Flags and Bull Pennants have the highest success rate out of any pattern and work extremely well when paired with long term support & resistance areas. Enter at the invalidation point of the pattern (A), second entry on the bullish retest (B). Pennants that are “tighter” have higher success rates, look for patterns forming on top of long term resistances (not below) to increase probability of success also. Pattern height is measured and added to swing low before breakout for possible target.
Sometimes large size traders can generate liquidity by faking out under the pattern support as we can see on this current example with ADA. The liqudity generated by triggering stop losses underneath the pattern can fill large position sizes for whales and is a good indicator for a long once the price confirms support back inside the pennant .
Some key points:
• PRICE MUST MOVE STRAIGHT UP BEFOREHAND
• MIN 2 Touches each side on almost symmetrical looking wedge
• HIGH SUCCESS RATE
• BEST ENTRY IS often when price fakes out under support (Marked at A)
• Pattern height is measured and added to swing low before breakout for possible target
BNB BOMB, CZ PUMP IT!Hi BNB fellows
How's your bag, ha?
what is TNT, sorry BNB? Binance Coin (BNB) is an exchange-based token created and issued by the cryptocurrency exchange Binance. Initially created on the Ethereum blockchain as an ERC-20 token in July 2017, BNB was migrated over to Binance Chain in February 2019 and became the native coin of the Binance Chain.
from 459 to 492 in 24h, what a move
have fun , stay rich
enjoy crypto
BUY
BNB/BTC: coffee time!Massive cup and handle on BNB/BTC with a 25-30% potential in the short term, coffee time!
Then we didnt even mention the next and biggest BNB burn which is around the corner and will be executed / announced within 2 weeks.
Happy days! PS: check my last BNB update; where I warned for this breakout wayyyy before it happened, still in that long... lol ;)
IMPORTANT: this is not financial advice, trade or invest at your own risk and research.
$BNB, Looking to restart the way up toward all time high$BNB
Breaking from the range it has been bouncing for the last 40+ days...
Looking to restart the way up toward all time high level & looking for a potential breakout into price discovery..
UCTS bullish across the board (1D turning buy once again)
#BNB
FULL BINANCE USDT SPOT PAIRS WATCHLISTFull Binance USDT Spot Pairs for watchlist upload (Updated 4/4/21)
Procedure:
1.) In a new Notepad, copy and paste the list below and save as ".txt" file.
2.) Go to your watchlist (Suggest creating a new watchlist for this one) and click the 3 dots (...)
3.) Click Import list and select the file.
4.) Enjoy!
BINANCE:BTCUSDT
BINANCE:WINUSDT
BINANCE:ETHUSDT
BINANCE:BTTUSDT
BINANCE:HOTUSDT
BINANCE:BNBUSDT
BINANCE:FILUSDT
BINANCE:DOTUSDT
BINANCE:XRPUSDT
BINANCE:TRXUSDT
BINANCE:BUSDUSDT
BINANCE:EOSUSDT
BINANCE:DENTUSDT
BINANCE:ADAUSDT
BINANCE:NPXSUSDT
BINANCE:CHZUSDT
BINANCE:LTCUSDT
BINANCE:LINKUSDT
BINANCE:THETAUSDT
BINANCE:VETUSDT
BINANCE:XLMUSDT
BINANCE:WRXUSDT
BINANCE:DOGEUSDT
BINANCE:STMXUSDT
BINANCE:UNIUSDT
BINANCE:ATOMUSDT
BINANCE:USDCUSDT
BINANCE:EGLDUSDT
BINANCE:EURUSDT
BINANCE:BCHUSDT
BINANCE:ZILUSDT
BINANCE:ONTUSDT
BINANCE:SXPUSDT
BINANCE:AVAXUSDT
BINANCE:ONEUSDT
BINANCE:EPSUSDT
BINANCE:SOLUSDT
BINANCE:TFUELUSDT
BINANCE:XEMUSDT
BINANCE:GRTUSDT
BINANCE:NEOUSDT
BINANCE:CVCUSDT
BINANCE:ANKRUSDT
BINANCE:KSMUSDT
BINANCE:MATICUSDT
BINANCE:STORJUSDT
BINANCE:CAKEUSDT
BINANCE:SUSHIUSDT
BINANCE:MTLUSDT
BINANCE:ENJUSDT
BINANCE:ALGOUSDT
BINANCE:ONGUSDT
BINANCE:REEFUSDT
BINANCE:AAVEUSDT
BINANCE:QTUMUSDT
BINANCE:MANAUSDT
BINANCE:KEYUSDT
BINANCE:VTHOUSDT
BINANCE:JSTUSDT
BINANCE:FUNUSDT
BINANCE:KNCUSDT
BINANCE:MBLUSDT
BINANCE:HNTUSDT
BINANCE:DREPUSDT
BINANCE:AUDIOUSDT
BINANCE:ZECUSDT
BINANCE:GBPUSDT
BINANCE:SCUSDT
BINANCE:XTZUSDT
BINANCE:BTCSTUSDT
BINANCE:SRMUSDT
BINANCE:SUNUSDT
BINANCE:1INCHUSDT
BINANCE:IOSTUSDT
BINANCE:COTIUSDT
BINANCE:CRVUSDT
BINANCE:ETCUSDT
BINANCE:LUNAUSDT
BINANCE:CTKUSDT
BINANCE:DASHUSDT
BINANCE:RVNUSDT
BINANCE:ALPHAUSDT
BINANCE:OMGUSDT
BINANCE:BANDUSDT
BINANCE:BATUSDT
BINANCE:XVSUSDT
BINANCE:FTMUSDT
BINANCE:BELUSDT
BINANCE:BTSUSDT
BINANCE:CELRUSDT
BINANCE:FLMUSDT
BINANCE:HBARUSDT
BINANCE:YFIUSDT
BINANCE:RUNEUSDT
BINANCE:SANDUSDT
BINANCE:EOSDOWNUSDT
BINANCE:EOSUPUSDT
BINANCE:ICXUSDT
BINANCE:IOTAUSDT
BINANCE:KAVAUSDT
BINANCE:CHRUSDT
BINANCE:SUPERUSDT
BINANCE:SFPUSDT
BINANCE:FETUSDT
BINANCE:DIAUSDT
BINANCE:RENUSDT
BINANCE:XMRUSDT
BINANCE:OGNUSDT
BINANCE:FILUPUSDT
BINANCE:MFTUSDT
BINANCE:SNXUSDT
BINANCE:ZRXUSDT
BINANCE:CKBUSDT
BINANCE:DOCKUSDT
BINANCE:NEARUSDT
BINANCE:ROSEUSDT
BINANCE:RSRUSDT
BINANCE:ALICEUSDT
BINANCE:ETHUPUSDT
BINANCE:OXTUSDT
BINANCE:WAVESUSDT
BINANCE:FTTUSDT
BINANCE:PNTUSDT
BINANCE:NANOUSDT
BINANCE:COMPUSDT
BINANCE:ORNUSDT
BINANCE:ADAUPUSDT
BINANCE:VITEUSDT
BINANCE:XRPUPUSDT
BINANCE:LSKUSDT
BINANCE:LINAUSDT
BINANCE:SKLUSDT
BINANCE:DGBUSDT
BINANCE:LRCUSDT
BINANCE:MITHUSDT
BINANCE:OCEANUSDT
BINANCE:AUDUSDT
BINANCE:TRXUPUSDT
BINANCE:ANTUSDT
BINANCE:ARPAUSDT
BINANCE:YFIIUSDT
BINANCE:AKROUSDT
BINANCE:DOTUPUSDT
BINANCE:BTCUPUSDT
BINANCE:TRBUSDT
BINANCE:BNBUPUSDT
BINANCE:LITUSDT
BINANCE:ZENUSDT
BINANCE:BLZUSDT
BINANCE:DODOUSDT
BINANCE:TOMOUSDT
BINANCE:PONDUSDT
BINANCE:HIVEUSDT
BINANCE:NKNUSDT
BINANCE:AUTOUSDT
BINANCE:RAMPUSDT
BINANCE:TUSDUSDT
BINANCE:GTOUSDT
BINANCE:FIOUSDT
BINANCE:IOTXUSDT
BINANCE:MKRUSDT
BINANCE:ETHDOWNUSDT
BINANCE:AXSUSDT
BINANCE:COSUSDT
BINANCE:DEGOUSDT
BINANCE:PERPUSDT
BINANCE:SXPUPUSDT
BINANCE:AIONUSDT
BINANCE:DNTUSDT
BINANCE:PERLUSDT
BINANCE:STPTUSDT
BINANCE:BTCDOWNUSDT
BINANCE:PAXUSDT
BINANCE:TWTUSDT
BINANCE:HARDUSDT
BINANCE:TRXDOWNUSDT
BINANCE:REPUSDT
BINANCE:BALUSDT
BINANCE:TROYUSDT
BINANCE:FILDOWNUSDT
BINANCE:UMAUSDT
BINANCE:WTCUSDT
BINANCE:LINKUPUSDT
BINANCE:CTSIUSDT
BINANCE:CFXUSDT
BINANCE:DATAUSDT
BINANCE:LTOUSDT
BINANCE:WINGUSDT
BINANCE:BZRXUSDT
BINANCE:WANUSDT
BINANCE:UTKUSDT
BINANCE:OMUSDT
BINANCE:FISUSDT
BINANCE:UNFIUSDT
BINANCE:MDTUSDT
BINANCE:KMDUSDT
BINANCE:NBSUSDT
BINANCE:RLCUSDT
BINANCE:NULSUSDT
BINANCE:INJUSDT
BINANCE:TCTUSDT
BINANCE:AVAUSDT
BINANCE:SUSHIUPUSDT
BINANCE:BADGERUSDT
BINANCE:STRAXUSDT
BINANCE:BNTUSDT
BINANCE:BEAMUSDT
BINANCE:LTCUPUSDT
BINANCE:DOTDOWNUSDT
BINANCE:TRUUSDT
BINANCE:COCOSUSDT
BINANCE:UNIUPUSDT
BINANCE:IRISUSDT
BINANCE:YFIUPUSDT
BINANCE:STXUSDT
BINANCE:XLMUPUSDT
BINANCE:DUSKUSDT
BINANCE:CELOUSDT
BINANCE:PSGUSDT
BINANCE:XTZUPUSDT
BINANCE:WNXMUSDT
BINANCE:ARDRUSDT
BINANCE:XRPDOWNUSDT
BINANCE:FIROUSDT
BINANCE:PAXGUSDT
BINANCE:ACMUSDT
BINANCE:OGUSDT
BINANCE:DCRUSDT
BINANCE:AAVEUPUSDT
BINANCE:CTXCUSDT
BINANCE:BNBDOWNUSDT
BINANCE:AAVEDOWNUSDT
BINANCE:NMRUSDT
BINANCE:ADADOWNUSDT
BINANCE:ASRUSDT
BINANCE:LINKDOWNUSDT
BINANCE:SXPDOWNUSDT
BINANCE:RIFUSDT
BINANCE:JUVUSDT
BINANCE:YFIDOWNUSDT
BINANCE:ATMUSDT
BINANCE:SUSHIDOWNUSDT
BINANCE:SUSDUSDT
BINANCE:UNIDOWNUSDT
BINANCE:XTZDOWNUSDT
BINANCE:XLMDOWNUSDT
BINANCE:LTCDOWNUSDT
Nice gainz incoming?Even though I am not a fan of BNB chain, we cannot deny BNB is extremely bullish against btc.
BNBBTC -- will it now break upwards to a high priceSince 25 Feb, moves above 0.0054 have been rejected. But this time, will it go up to higher values like on 19 Feb. Squeeze and MCAD are both green now?
BNBBTC is testing the dynamic trendline 🦐the price is testing 0.5 Fibonacci level and the dynamic resistance. IF the price will have a breakout upward, According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
BNBTC ShortWilliam Alligator : the crypto is in a bullish position because the candlesticks are above the Teeth, Lips and Jaw, and the lines are « eating with an open mouth” this indicates that the crypto is in a strong uptrend.
RSI : the line is at 70, so the crypto is currently overbought.
Candlestick patterns : there is a bearish engulfing which is a bearish confirmation.
Overall : it can be interesting to take a sell position on this crypto because the stock is currently overbought. Entry price is lower than the current price for assurance and stop loss is set at -5%.
BNB - Bullish or Bearish? And why?🤔🤔BNB is bullish both fundamentally and technically. It has tested It's previous ATH as Support and ready to go up in BTC pair. If i talk about USDT pair,it is running Between a symmetrical Triangle and ready to break upside and then it will find its new resistance. 🚀🚀🚀 This is all about Technical analysis. Now Let's discuss on fundamental. BNB quarterly burn will be announced anytime and BNB will be burned in every Quarter. So this is a very good fundamental to pump BNB. And according to me it is worth of holding for long time. In this ALTS season it can even cross 1500-2000$.
These are just my ideas. Not financial advice. DYOR.
A follow and like is always appreciated.
Thanks❤️
