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BNBBTC trade ideas

BNB Potential Trade OpportunityOverall context: BNB has been making higher lows with a wick making a higher high. Every time the bears have driven down the price with relatively high volume, the price was fully recovered from with relatively moderate or high volume and *not* dumped back down immediately with high sell volume. This means the sellers are becoming less and less convicted. Although there has not been a huge amount of buy volume, this is a good thing because if BNB does break the 0.0013 level, there will be plenty of buyers left to come in and drive the price up further. The trade: Long on BNB at current price levels. Stop placed below the low 2 levels ago. Take profits around the next reasonable resistance zone (zoom out for more context)
Long
by StayHydrated1
Binance Coin (BNBBTC) Perfect Bottom and Buy OpportunityBinance Coin (BNB) made a perfect bottom with a W pattern (some call it double bottom also). BNB is now trading in an ascending triangle and we expecting a breakout soon. This is a good opportunity for short term quick profit. BNB is a long-term Hodl coin and we expect it will be in the top 5 later this year. Binance is the top exchange by trading volume and CZ always has plans for BNB. If you are not Bullish on BNB, you are on the wrong boat. Buy Zone: 0.00125-0.00127 (Buy more in Dips) Target: 0.00139- 0.001495- 0.00163-0.00184-0.002-0.00225-0.0025-0.0028
Long
by Bitcoinik
Binance Coin (BNBBTC) Perfect Bottom and Buy OpportunityBinance Coin (BNB) made a perfect bottom with a W pattern (some call it double bottom also). BNB is now trading in an ascending triangle and we expecting a breakout soon. This is a good opportunity for short term quick profit. BNB is a long-term Hodl coin and we expect it will be in the top 5 later this year. Binance is the top exchange by trading volume and CZ always has plans for BNB. If you are not Bullish on BNB, you are on the wrong boat. Buy Zone: 0.00125-0.00127 (Buy more in Dips) Target: 0.00139- 0.001495- 0.00163-0.00184-0.002-0.00225-0.0025-0.0028
Long
by Bitcoinik
BNB/BTC looks bullish as per TA chart#BNB/BTC Bullish chart Update :- #BNB/BTC Bounce back from Support level. Invest only if you have patience and Mid term holder. Entry:- 0.00124-0.001283 BTC Targets :- 0.00165/0.00232/0.00369 BTC Stop Loss:- Now no need. But if candle close below 0.00108 BTC then I will update here. Support :- 0.00108/ 0.00124 BTC Resistance :- 0.00165/0.00132/0.00369 Please Click LIKE button and Appreciate my hard work. Must follow me for latest crypto real time updates. Thank you.
Long
by CryptoPatel
8
I think we may have a BNB rally against BTCI was seeing this thing try to bottom out but fail, but finally it seems to have some solid ground, I wouldn't say that its going up for long, but if this trend doesn't fail it ought to be a very big comeback, so give it a few days and if it keeps pumping then I think we can have a good week or 2 straight of slow steady gains against BTC. My main reason for thinking this is because if people want to trade altcoins, like UNI and DOT (cause of huge gains) they can save some money on trading fees with BNB. No one wanted to trade altcoins since October because BTC was a one way bet up and only when it cooled off at 40k did the alts begin to pump, so now instead of leveraged trades people can just swap in and out of some alts as they pump, and still make 10-20% in a day. I myself see this and so many others will too, and end up spending more time holding some BNB instead of BTC. If BNB keeps it up I will be holding BNB instead of BTC when I trade out of an alt that has cooled off its pump.
Long
by yarowtea
3
BNB/BTC Bullish Movement After Double BottomBNB/BTC has seen some tough time lately, sending the pair downward. Now with Bitcoin's uncertainty rising, BTC pairs are gaining back some ground after losing it for several months. Whether this upward movement of BTC pairs is for a longer period remains to be seen. For the moment I'd advise to ride the wave and enjoy the ride. The next two important resistances of this pair are marked with R1 and R2, both based at recent highs. R1 being the most conservative. Happy trading!
Long
by FieryTrading
2