BNBBTC
BNB Update, bullishness holding?When we last looked at BNB-BTC we were contemplating two potential paths (Aqua and Yellow on chart). The bullish Aqua path presumed we might be finishing off a not-so-clean Cup & Handle formation. The bearish Yellow path suggested price might retreat back down towards Range Support. As it looks right now, the Aqua path seems slightly more likely to me--thought it may not keep the same high trajectory. My hesitation is that there may be divergence forming on the Weekly for this pair and that could generate some serious downward pressure. I'm considering a small, high-risk long here.
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You can buy some BNB near $ 500On a daily timeframe, Binance Coin is again testing the support of $ 500 - $ 510, which must hold support for BNB. We will see a heavy sell-off if $ 500 support breaks. You can buy some BNB near $ 500 with a stoploss of below $ 490. The following support after $ 500 is $ 460 and $ 440 levels.
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
Daily BNBETH UpdateBNB and ETH have been trading in a range since mid May 2021 and we are still in a very tight ranging range with neither one being able to outshine the other for a sustained period. I've had most of my "trading bank" in BNB since to last bounce off the lower support line (purple line). It does appear however that BNB is starting to build strength against ETH. It is in a local (shallow) uptrend and we are above recent MACD crossovers. RSI has also just managed to lift its head up into the green, signalling that there is a net positive sentiment for BNB over ETH. Only time will tell if it can build on this further or if ETH will stage a comeback.
BNBUSDT-SHORTBased on technical factors there is a short position in BNBUSDT Binanace Coin
BNBUSDT Binanace Coin
Score 1️⃣
🔴Short Now or set on Key Level 525.5
🟢Target 1 519.0
🟢Target 2 511.0
❌Stop loss 528.5
#K_Level
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BNBUSDT-LONGBased on technical factors there is a long position in BNBUSDT Binance Coin
BNBUSDT Binance Coin
Score 2️⃣
🔵Long Now or set on Key Level 517.5
🟢Target 1 526.0
🟢Target 2 538.5
❌Stop loss 515.5
#K_Level
Every signal has a score from 1 to 5, so accordingly adjust your risk for each signal. The signals with the score of 5 are the most probable ones.
Please support our activity with your likes and comments.
Binance Coin (BNB) - January 1Welcome, traders.
happy New Year!!!
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(BNBUSDT 1M Chart)
We need to see if we can continue the uptrend along the uptrend line.
If it goes down from the uptrend line, it could drop near the 332.4 point, so trade cautiously.
(1W chart)
Above the 134.0-175.5 section: expected to continue upward trend
Above 258.6 point: Expected to create a new wave.
(1D chart)
We need to find support at the 507.9 point and see if we can move above the 526.6 point.
If it declines from the 507.9 point, it may decline to the 438.5-471.6 section, so careful trading is required.
As you get closer to the 438.5-471.6 section, you need to check whether there is a sharp movement.
We need to see if we can continue the uptrend with a move similar to Section A.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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BNBUSDT Technical Analysis💎 BNBUSDT has broken above the resistance. After the pullback and retest, we can expect that the price continues to make the second impulse move. At the entry level if you see a Bullish setup, you can go long
💵 Invest Only 5% of your Portfolio
🎳 Entry now or from 547.5 - 533.6
☕️ TP1 572.1
🍺 TP2 598.5
🍻 TP3 624.6
🍾 TP4 650.0
🍷 TP5
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 532.6 - 518.7
Good Luck 🎲
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