BNB-BTC
INTRADAY 03/11/19 Forecast BNBBTC BinanceDear friends,
Continuing intraday forecasts.
BNBBTC continues to move in a narrow trading channel 0.002135 - 0.0022
If we expand the direction of the Thomas DeMark trend by TF, then at the moment we get:
Week - flat
Day - flat
4 hours - bearish
In general, the bearish mood dominates the BNBBTC market.
I see the most likely direction of price movement within the local bearish channel (the scenario is marked with red arrows)
Critical level (breakdown will mean a change in the scenario) - 0.002177
The lower threshold for the day - 0.0021356
The upper limit for the day - 0,0022156
The probability of a bearish impulse is high.
Therefore, for me, the second scenario remains a priority; however, it is very fragile and will quickly decrease in probability if a local trend breaks down. In this case, the likely completion will be according to the first scenario.
Good luck to everyone and good profits!
Respectfully,
Michael @Hyipov
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Friends, I remind you that this is only my personal view of the market, which I share with you. I do not guarantee profits. Only you make the final decision and all the risks associated with it.
Good time to swing for clever traders . BNB - BTCAs the price trend shifts from the suffering channel to the upside channel, there is a forecast increase in value for the BNB.
You can enter the current price and earn up to 5 % profit at the price tag set as your first point of sale.
If you are happy with this analysis and make some good profit from the oscillation, please support me with your likes and comments.
Nucleus Vision Ncash Alltime Low And Ready To Moon! NCASHBNBThis is an important move coming soon. Ncash is expected to moon soon.
Is Ethereum ready for the pullback ?Hello everyone,
As always, I hope you are fine.
I expect a pullback for Ethereum on the support area between $190 - $220.
We can see that the RSI is going to be oversold and it will be probably one of the best opportunity to " buy the dip " .
Ethereum is currently creating a pullback after have grow by more than 300% since December.
Correction is necessary to build a strong bull run.
I really don't think that we will nove have an " Alt-Season " like 2017 , but I'm confident for Ethereum even if Binance and BNB is killing the game.
Wait and see .
Slight BNB bounce, and short opportunityBNB is bouncing from support, and will probably go to retest the support trendline it broke down from around .0036-37 sats. There's some nice confluence with MAs around that point, so I lean towards it getting rejected from here. I'd short the retest of the trendline.
The Ballsy BNB TradeGood afternoon folks! After calling the top on the Bitcoin ratio for Binance Coin (BNB), I suggested a large bounce could occur in the wake of the Binance hack news. That played out nicely, but BNB failed to reach past 45000.
In my recent video, I talked about how I think BNB is reaching a "last chance" bounce zone. This is because it has JUST wicked off the long term rising log trend support that dates all the way back to 2017, when it first came on the market. That's right. BNB has never been in a downtrend against Bitcoin. What this also means is that if it breaks below current support (right at 31000, perhaps with some wiggle room down to 30000), it will be a change of trend for BNB, and it will look bearish against Bitcoin for the very first time. This is extremely significant.
To be clear, either direction is possible here, though I'm posting it as a long setup. Here are the potential trades I'm seeing:
BUY - NOW or near 31000
Stop Loss - below 30000.
Potential target SELL areas -
37000
40000
45000
50000
75000+
OR - you can SHORT/sell the breakdown below 30000 as it could be pretty massive (confirming the end of the uptrend for BNB).
Previous BNB charts linked at bottom.
This is not financial advice. I am not making this trade, since BNB isn't part of my long term portfolio and I'm happy with my positions. This is for educational purposes, and to show what a potential setup would look like. What you choose to do is up to you.
-Victor Cobra
BNBBTCDue to the high of #BTC there was a 13% drop in the last few hours losing the RSI LTA, but support at 0.0036986 managed to hold the price well. The formation of two hammers in a support region reinforces movement to high. The price can go for regions between 0,0040966. We will have to see how the BTC will behave in the coming hours and how that will influence the BNB.