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BNBBTCHello Crypto Lovers, Mars Signals team wishes you high profits. We are in the daily time frame. The price has broken the resistance line and is making its pullback. We expect it to rise up again and hit the next resistance zone. If this resistance zone is broken, it will go higher and if the support zone is broken, it will go lower. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
Long
by MarsSignals
8
BNBBTCHello Crypto Lovers, Mars Signals team wishes you high profits. We are in the daily time frame. We had an R1 line which the price broke it. There is also an S1 line which the price hit twice and could not break it but it was broken on the third try. The price has made a pullback to this line too and now is fluctuating above it. You can buy it from here for the R1 line. Or you had better wait for the price to hit the S1 line again and buy there for the R1 line. If the price goes below our S1 line, then it would fall further. If the R1 line is also broken then higher targets will be aimed. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
by MarsSignals
BinanceCoin (BNBBTC) Potential Rejection and Short!Hi guys, this is OG back with another Bitcoin update. If you find value in my work, please do like, share, and comment. And also feel free to share your ideas and technical analysis in the comments below. BNBBTC is testing the 200MAs on the 1H timeframe for the 1st time since price broke down from the 200MAs. Price typically bounces on the first retest of the 200MAs after an extended move. There is initial rejection right now, but I am waiting for price to close below 0.009340 with strong volume before opening up a short position. Check out my technical analysis videos for more in-depth analysis and trade setups for Bitcoin, Ethereum, and Altcoins. Why follow? 1. Community of Technical Analysts sharing analysis and trades 2. Live tracking of whale wallet movements 3. Live update of the latest important news 4. Live syncing of popular crypto tweets 5. Ebook covering how to be profitable in the cryptocurrency market As always, I’m not a financial advisor, all information presented is for educational purposes only and not meant as financial or investment advice, do your own research, and stay safe!
Short
by cryptotraderog
BNBBTC formed bullish BAT on 2 week chart | Upto 152% expectedPriceline of BNB / Bitcoin cryptocurrency has formed a bullish BAT and it is entered in potential reversal zone to hit the sell targets soon insha Allah. This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone. Price action is also hitting the 50 simple moving average support. Volume profile is showing less interest of traders here, but Stochastic is oversold and did not give bull cross and MACD is strong bearish so for secure trade we can wait for MACD to turn weak bearish or for stochastic to give bull cross then buy. I have used Fibonacci sequence to set the targets: Buy between: 0.0020008 to 0.0016403 Sell between: 0.0028524 to 0.0041344 Regards, Atif Akbar (moon333)
Long
by moon333
7
BNBBTC has formed a bullish shark | A good long opportunityPriceline of Bincance Coin / Bitcoin cryptocurrency has formed a bullish shark pattern. Even though the price action has already hit the sell target area which is the Fibonacci projection of C to D leg, but if the MACD will give weak bearish signals then the price action can enter proper in sell target zone again. Targets are: Buy between: 0.0025990 to 0.0025759 Sell between: 0.0026227 to 0.0026732 Regards, Atif Akbar (moon333)
Long
by moon333
BNBBTC has formed shark | Upto 60.50% expectedThe priceline of Binance Coin cryptocurrency has formed an bullish shark pattern and entered in potential reversal zone. The volume profile of complete pattern is showing less interest of traders below 0.0025507 stas where the price action has already touched and moved up and from here the priceline can hit the sell targets soon insha Allah. The targets are: Buy between: 0.0029531 to 0.0025507 Sell between: 0.0033014 to 0.0040953 Regards, Atif Akbar (moon333)
Long
by moon333
BNB path in case of BTC dropping from 6800 until 5800I'm not a professional trader. This is not trading advice. This is just my idea. Fundamental analysis: BNB is the coin of the best among all exchanges: Binance. It can be used to reduce your trading fees when trading on Binance. It will be the native gas for the decentralized exchange that Binance is intending to create (an exchange that doesn't hold your funds when you're trading). Binance is the most used exchange on cryptocurrency market and it is making the cryptocurrency space stronger than ever. I strongly believe BNB will have its place on this market. Technical analysis: you can see the main uptrend red line that BNB is getting closer. We will likely see BNB touching this line if bitcoin starts dropping even more on this crazy bear market. So, I am trying to predict BNB's path on this hypothetical scenario. On the past 10 months, BNB was being traded on the 13984~19676 range at least 8 months. So we will pay strong attention to these levels! If BNB gets further than 19676, I will enter a long position. If BNB breaks downwards of the 13984 range, I will enter a short position (what is likely to happen if BTC doesn't brake the current bear trend). In the case we break 13984 downwards, I will enter a short position until the first fibonacci level at 0.382 (12013), that I would expect a retracement and retest of the 13984 level. Then this inverse head and shoulders should make BNB touch the main uptrend line and restart your upwards movement again. Wait for the best scenario to appear, then act accordingly. Good luck.
by FilipeMarch