BNBETH trade ideas
Binance COIN 8.31.20This token is extremely underpriced. I can easily see it returning to test ATH in the blink of an eye. It is lagging right now due to holder capitulating. But soon the sellers will exhaust and when that happens. MOON time.
BNB/ETH - Buy breakout and/or retestLooks all positive. Only concern could be TOTAL Crypto drop in USD. In that case, would need to hedge short ETH / USD. But really if Binance rises, seems like it would pull up all crypto. Also, could be safe to buy a partial position and then add on either a retest, or a further breakout. Depend on size of position, risk tolerance, etc.
Possible trendline breakout!Hi everyone, i noticed that this ticker has fallen below the strong support dynamic trendline, breaking the support zone level (drawed in purple) clearly telling us that we need to go short ASAP.
I am satisfied with T1I have two possible targets for this pair but and first target is reached!
It is a big possibility that T2 will be never reached!
BNB/ETH 50% price drop aheadBNB/ETH 50% sale ahead
From yesterday cryptocurrencies are experience more pressure from bears. The sentiment is not positive, people are scared of losing all. Liquidation bot on bitmex was very active, sending thousands of liquidation notification via email. Some experienced hell. When you hears that rekt notification sound, you know it is over.
If BTC dont change its direction and continue upwards to the moon, we will experience much higher drop than this one yesterday and today. I dont belive the price of BTC or any other major cryptocurrency will rise very soon, so you can alredy know where the bar is sticking its paw. You can smell it. If I concentrate this article only on BNB/ETH we can see big opurtunity to short this pair or in other words sell all bnb. I didnt say sell all ETH, but anyway, if you expect gains in next months, please dont.
This will be BNBs first major break and after non-stopping rising towards moon, we can only expect the worst case scenario. BNB is going down, dont expect only a small correction, like you expected for btc in 2017. That means it is time to take profits and searching for another profit maker.
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BNB to test uper resistance lineBNB looks like it would test again the 139880 sat mark, the RSI still has room to grow to that price. there is a nice volume coming fro the coin, and the news that it would be come a stable-coin would probably help the price get to this mark. it could be a secure 6% gain
