BNBBTC
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
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Binance Coin (BNB) - January 1Welcome, traders.
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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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BINANCE COIN LONGS 💰💰💰Expect bullish price action on BINANCE COIN as we are in a bullish market structure on a HTF, price retraced back into discount market area on fibonacci and rejected from psychological level 500$. New ATH's should be seen on this chart this is what i expect 750/800 around those levels.
What do you think ? Comment below..
BNB LONG!Hi! this is my BNB set up for the upcoming week.
TARGET 1 - 617$
Potential profit 18.75%
Target 2 - 647$
Potential profit: 24.52%
Stop Loss - 483.8$
Potential Loss: 6.89%
Hope you will like it! if you have any feedback about the chart pls feel free to tell me:)
MY IDEA ONLY NOT A FINANCIAL ADVICE!!!
Love Yall :)
OMG, there is a bearish wedge on the BNB chart. An upward wedge has formed on the BNB chart. Which statistically breaks downwards. It is also worth noting that the bulls' attempt to break the upper boundary of the wedge failed and there was a false breakdown.
According to the rules, the target of the figure = the height of the figure, in this case, it is 10%. In the case of a breakdown of the lower boundary of the wedge, there might be a good opportunity to sell. In the case of a false breakout of the 489$ level, there may be a good buying opportunity.
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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.