Binancesignals
Binance coin has a great potential ! Hi, Traders ! Monfex is on the air !
We have a portion of good news for you! Binance’s native cryptocurrency (BNB) will be underlying of a new exchange traded product (ETP) and hence will be traded on the stock exchange.
* The largest crypto exchange, Binance, informed that it has entered into a partnership with fintech firm Amun, aiming to create the USD-denominated ETP.
* The new financial product will be listed on Swiss major stock exchange SIX under the ticker ABNB.
* ETP is planned to be initially backed by $20 million value of Binance coins (BNB).
* With a $2.84 billion of market capitalization and daily transaction volume of $100 million, BNB is the eighth largest crypto in the field.
* Binance has limited the supply of BNB at 200 million tokens, half of which is planned to be “burned” by the firm to avoid depreciation.
Active trade signal
Buy @ up to $20.
Target: $40.
Stop'-loss: $13.50
Watch for our Updates to get real-time superior signals!
GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any cryptocurrency or cryptocurrency product. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
Binance (BNB) - BNBUSD - Excellent Opportunity-454% ROI ExpectedBinance (BNB) - BNBUSD - Excellent Opportunity For Huge Gains.
454% Gains Expected! - A Very Nice Trade Coming .. :)
Based on AB=CD pattern , Time Ratio & Gann Analysis, It's a potential long position with great returns :)
In a lower time-frame (4hrs) this long position has also been conformed.
Target Profit Range - 20-50 - (42.9%-454.5% Profit Exptected)
E.E.P(Early Entry Pint) - I.E.P (Ideal Entry Point)
TP 1 - 20 - 42.9% Profit From E.E.P & 81.8% Profit From I.E.P
TP 2 - 25 - 78.6% Profit From E.E.P & 127% Profit From I.E.P
TP 3 - 31 - 121.2% Profit From E.E.P & 181% ProfitFrom I.E.P
TP 4 - 37 - 164.3% Profit From E.E.P & 236.4% Profit From I.E.P
TP 5 - 43 - 207.1% Profit From E.E.P & 290% Profit From I.E.P
TP 6 - 50 - 357.1% Profit From E.E.P & 454.5% Profit From I.E.P
Buying Zone! Long Position
Early Entry Trigger Point - 13 - 15
Ideal Entry Trigger Point - 9-11
Adjust your Stop Loss according to your lot size,
account equity ,strategy & money management.
***If you want to get in this trade from this point 18.18 you can still make 37.5% profit till TP2 is reached, however there is a very high probability that price may continue to move down towards my ideal entry point., It is recommended to enter with a smaller lot size if you want to go long right away & manage your stop loss accordingly.
*Note - Price may touch $20-$22 mark before it goes down towards my entry point. I'm in this trade from $14.5 and keep it open as I'm not looking for short-term gains, even price go below $14.5 it won't affect my trade.
Good Luck.!
Disclaimer - This is not a financial advice.This is my personal view and analysis on this chart.
If you follow this idea please plan your trade according to your lot size and account equity.
Don't forget to follow and like , If you agree with my analysis :)
NAS on Binance SignalThis is a signal to buy NAS on Binance, entry price target 550 - 600 sats, sell targets are 800 - 900 - 1000 sats. NAS recently burned 1 million circulating supply. Search online to find out more about how a coin burn can effect coin value. To receive signals directly on telegram contact me directly by private message on here first.
Binance Coin Price Analysis - $16 Support Failed
Relative Strength Index: The RSI is currently at a low 35 points. After dipping below the 30 points threshold twice in the past few hours, it's heading back down once again. If it stays above the 30 points threshold it will continue to drive the market down, if it crossed below the RSI will signal an oversold market and a rebound will ensue.
Bollinger Bands: The price is still within range but is about to cross below the lower band. If that happens, there will be more pressure for a rebound upwards. Otherwise, the BBs diverge further giving the price more room to fall.
Volume: There is a relatively low amount of volume for the amount of action we are seeing. That means the market shouldn't move too much at this point. However, at the same time if the price deviates enough, volume picks up extremely quickly.
Binance Coin (BNB) Price Prediction
The RSI and Bollinger Bands are not showing great signs as of right now. While we did have a brief moment to breathe, markets are toppling down once again. It looks like we might see another 5% correction downwards at least until the technical indicators can signal a rebound.
My prediction is that Binance will touch $15.5 before rebounding back up. It's important to keep in mind that Bitcoin is the leader for this collapse so if BTC continues to fall so will BNB.
Read Full BNB Price Analysis: The Merkle Hash
BNB Price Analysis - Can $BNB bounce off current support?
Relative Strength Index: The RSI is currently at 34 points. That's definitely on the low side, meaning the market is approaching the oversold level.
Bollinger Bands: The BNB price has been riding on the lower bollinger band for the past few hours. That's not a good sign as that means that bearish momentum is significant.
Volume: There is moderate amount of volume which means that the market does have enough fuel to make moves.
BNB Price Prediction
The RSI and Bollinger Bands are clearly showing a bearish sentiment. Moreover, the moderate amount of volume is concerning because that means that the market can continue to slide downwards.
Disregarding the above indicators and keeping in mind the recent news, I'm going to predict that BNB will make a swift recovery to the $19.6 level. BNB is at a low that hasn't been seen in quite some time, and there is no real reason for the downward slide. There was some drama about the Digibyte debacle, but that should have no effect on Binance Coin's price.
Read Full Binance Price Analysis and Prediction: NullTX