BNB - Waiting for Breakout up
I'm waiting for a strong bull candle to breakout to the upside. I'm also looking for not just one candle, but sometimes that one candle keeps going so if it does I'm not chasing. I will just enter and ride the bullish wave/momentum upwards.
What i would like to see is a pullback or on smaller time frames just enter your long when you feel that price will continue upwards based on your decision and analysis, then target $350-$400-$500 then cash out to protect into USDT or your choice of stable crypto.
Binancesignals
BNBUSDT - Descending Triangle PatternThe descending triangle is recognized primarily in downtrends and is often thought of as a bearish signal. As you can see in the above image. The two lows on the above chart form the lower flat line of the triangle and, again, have to be only close in price action rather than exactly the same.
the fall is over!
Or is it a false fallout?
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Possible BNBBUSD Long IdeaBNBBUSD still in good uptrend and with great dominance, right now i believe he are finding some support to go to higher levels, as it is already shown that gonna continue our uptrend.
BNB - 4h. The BNB can rebound by 45%The sharp collapse of the entire crypto market has caused panic among many investors. The pink glasses broke very quickly due to fear and disappointment.
However, the BNB coin holds up well in the midst of bear chaos. As we can see in the chart, the BNBUSDT price is moving in the correction channel. The current 4 hours can be closed with a hairpin down and on large volumes .
This fact indicates a high probability of a rebound in the price of BNB to $250-270. The test of this mark will not yet indicate the completion of the correction in the BNB market. However, growth of 45% can be a good trade.
It is worth waiting for the right moment and do not forget to stop. It is dangerous to trade on a deposit in such a market without stops.
P.S. Our previous BNB idea worked out perfectly:
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Binance Coin BNB Prepare For SellOffThe crypto market is living its last bubble days.
The prices do not reflect any fundamentals.
Cryptos are pure retail investments gambling at this point.
BNB Market Cap $48,409,766,297
vs
Biggest German Bank, Deutsche Bank 23.864B Market Cap
Moderna - saves the world from Covid-19 - 69.146B Market Cap
Ebay - Market Cap 42.174B
FORD MTR - 42.174B MARKET CAP
When you buy stocks of a company you own a part of it, you have the right to vote changes in the company and you receive dividends.
When you buy crypto you own nothing! You buy thinking that at some point another person will be willing to pay more than you on that piece of nothing.
If you want to own the BUY and SELL indicator that i use, that can prevent you from the big crypto selloff, just leave me a message for a 7 day trial.
Binance Coin to 500$i learned something with time in tradining, do not touch something went up already!!, if you miss the train, you don't try to grab like mad when it pass, you wait next one.
so BNB Rushed to 350$ so quick and so strong, why ? because we have a strong FOMO on Binance Chain, less fees, Swap tokens cheapers, liquidity pools.
it have also same supplies BTC King and they Burn BNB. So yeah it have to up...
So for now we can see we have a strong demand Zone around 250$ (38.2 Fibo Retracement) but imo i won't touch it and wait. it's good to gamble but its better to think a bit.
if we miss and BNB start to pump more, well we will take the next train..
So if BNB down this the way to play it :
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Buy Zones :
- 220$ ( Fibo retrace 50 - Some will try to get BNB at this price thinking it will not back to 200$ )
- 200$ ( EMA50 H4 - Acting as Strong Support for now - Fibo retrace 61.8)
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Take Profits :
- TP1 : 390$ ( Security TP at least Take Profit 50% of your invest)
- TP2 : 480$ ( Lower than 500$ !)
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Stop Loss :
180$ or keep some juice to rebuy around 150$ (EMA100 H4).
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Like always follow BTC moves cuz it can shakeout all markets ! Be Safe !
Happy Tr4Ding !
AMB/BTC is preparing for moon mission AMB/BTC stable in the same zone for many days now its preparing for a big moon mission. targets are given on chart
RCN/BTC is preparing for massive move On a daily candle, it touched almost the bottom and it already taking preparation for a massive move. Soon it will pump hard
BINANCE COIN crazy ride to the MOONBinance coin created a new ATH after a BIG BULLISH ride to the MOON. We should go lower because this ride was enormous. I think it is possible that we can go back to area-level around $117, where the coin was before the second run. But I am not gonna short it.
ENTRY LEVELS LONG
$250 if we break decreasing TL
$223
$197
$172
$147
$117 STRONG BUY