BNBETH trade ideas
BNB/ETH BUSCANDO SOPORTESe observa a el par BINANCE:BNBETH buscando soporte en la linea de tendencia alcista.
Como podemos observar en las velas de 1 día, se observo una fuerte baja para buscar el punto fibonacci 0.78 y la linea de tendencia alcista.
Históricamente el par BINANCE:BNBETH ha encontrado soporte en la linea de tendencia, la ultima vez que pudimos observar este movimiento BNB se observo bastante alcista.
Esperemos que encontremos un soporte en la linea de tendencia, en donde encontraremos un punto de entrada.
Thoughts on holding BNB instead of ETH long-termBNB/ETH has been on a long-term positive trend throughout 2018. ETH is already one of the major cryptocurrrencies, with strong fundamentals and high marketcap, so the question arises as to whether ETH should be the main component of a crypto portfolio. I used to just hold most of my crypto in ETH, but realised that BNB was doing too consistently well for me not to take a closer look at it. BNB's price increase has been driven by strong fundamentals, like the growth of the Binance trading exchange, the usually highly-anticipated coin "burns" or liquidation of a portion of coins (which result in price increases before the burns happen, as BNB coins are worth more each following the burn), and innovations like being able to collect crypto "dust" into BNB. In the short term (e.g. day to day), BNB's price is relatively stable and doesn't have extremely high volatility, which is useful for buying other coins at good prices should the opportunity become available.
BNB is about to make the next leg up, Easily 20-60% and more!The Chart and indicators speak for themselves, at a line of support macd is looking to cross and rsi shows undersold.
It would be a shame to miss this, but keep a careful eye on where the candles close.
If it closes below the support line, the chart becomes invalid and we must recalculate. There's a couple other patterns I see but TA does not need to be art. Simple support and resistance lines are the easiest to understand.
GL everyone
BINANCE COIN HAS ENDRED A DOWN TREND AND WILL CONTINUE BULLwith Binance coin ending its a downward trend we can start seeing BNB to keep moving up now, breaking through resistance as you can see.
good time to get in for a 50% plus gain. I can see bob hitting 20's
1 hour chart looks where the first target will hit.
looking at a 4 hour time frame you can see the rsi being over sold now moving on up to make way for a nice movement up.
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BNB/ETH: Small trade opportunityWe can clearly distinguish an ascending triangle pattern, which may be an early bullish sign. Nonetheless, as the rising trendline indicates, and being VERY strongly backed by both RSI and Stoch RSI, now would be a good time to buy. While it's unknown whether it will necessarily break through the resistance at 12.5k, an small wave upwards to that level is extremely likely. Were that to happen, there would be major resistance around 14.5k.
Trade cautiously friends!
bnb/eth long positionIn my opinion there will be a short term rise based on a 1:1 fib extension This trade with a 1% stop loss set and an 11.5% potential gain has a R:R ratio of 7.88:1. I'd like to hear any ideas you might have as im pretty new to TA and am looking for some good feedback on why you think this will or will not work