BNBBTC
Binance Coin (BNB) - March 26Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a good day.
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We have to see if we can get support in the 225.2330-252.2300 section.
In particular, we need to see if we can climb along the uptrend line and get out of the downtrend line.
If it falls at 171.2388, you need a Stop Loss to preserve your profit or loss.
If the CCI line falls below 100 on the CCI-RC indicator, volatility may occur, so careful trading is necessary.
(1M chart)
(1W chart)
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(BNBBTC 1D chart)
It remains to be seen if volatility around the 27th of March leads to a movement that deviates from the downtrend line.
In particular, we have to see if it can rise above the 0.0047326 point.
If it falls from the 0.0035029 point, a Stop Loss is required to preserve profit and loss.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional 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 that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
BNB stealing directly from ETH, do see what I seeI’ve mentioned that subject in previous ideas,
Not the first time I say that BNB is stealing the show!
Technical analysis not 100%
Beware of Ethereum updates,
As mentionned previously, the BinanceChain has a working product with low transaction fees and the market cap!
This is not financial advice,
Follow the money
9to5
Binance Coin (BNB) - March 21Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a good day.
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We need to see if we can get support from the 225.233-252.23 section and get off the downtrend line.
We need to see if we can move off the downtrend line around March 25th-around April 2nd and climb along the uptrend line.
If you fall between 225.233-252.23, you need a short stop loss.
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(BNBBTC 1D chart)
You should watch for any movement that deviates from the 0.0043227-0.0047326 segment.
If you go down at 0.0043227, you need a short stop loss.
It remains to be seen if it can break off the downtrend line around March 27-April 8 and rise above the 0.0047326 point.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional 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 published by oh92. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
$BNB - Exchange x DeFiBNB the token for binance argueably the best exchange will always have demand for that reason
Also with the introduction of BSC - binance smart change - there is increased demand for BNB to pay for any staking fees and to get discounts and rewards on the platform
Technicals look pretty good, bet to reach top of range not a bad shout
BNB 🚀 bullish footpath! If you like the idea, i ask nothing else than your support with a "like" and a comment of your thoughts.
Price has been printing an ascending triangle on HTF & LTF. Within, we see repeated breakouts of sub triangles to the active triangle.
Currently trolling on the dashed yellow line which is poised to lead it through its corresponding upward channel from here onward.
This is on the hourly, so I'm still looking forward to seeing which side this will troll on.
Nonetheless, I'm bullish on this because advancing into either of the potential zones will breed a high swing PA.
Look forward to it!
$BNB 🚀
BNB/BTC to bounce +15%Ever since Binance’s token BNB has set a new all-time high against BTC in mid-February, it has traded mostly in the range between 0.0040s and 0.0050s.
The support level has been gradually moving lower, so Cindicator’s tokenholders voted to ask Hybrid Intelligencec a question about BNB:
“The cryptocurrency Binance (BNB/BTC) settled at 0.0045352 BTC at 09:45 AM UTC at the Binance exchange on Monday, March 15. Will BNB/BTC trade above 0.0052155 BTC (+15%) earlier than trading below 0.0038549 BTC (-15%)? (forecast 51-100% - bull scenario. 0-49% - bear scenario)”
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Assurance: 88%
This is a bullish sign, suggesting that BNB is likely to bounce back from this level.
Dipping below 0.0040 could cause a deeper correction, but it’s more likely that BNB will be pushed back into 0.0050s. This could be a good time to add to a long position in BNB or make a few sats swing trading.
BNB/USDT | Potential Upward Movement 🚀 🚀 🚀 Technical Analysis:
The price on the higher time is trading inside a bullish channel formation where it posted a lower correction to a daily support. On the 4-hour time frame, the price is trading within a bullish pennant channel near a strong confluence zone between the 61.8% Fibonacci retracement level and a relevant support. This could lead to a pump to the upside toward the 294.41 USDT Mark.
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Trade Idea:
Buy Limit Order @ 254.01
Take Profit @ 294.41
Stop Loss @ 233.81
Trade Safely 🙂
Bearish on BTC until strength shownNot a big fan of the price action around the pink line. Exited position at 60k and waiting for strength to be shown above the pink line. Interested to see where the day ends in 2 hours.
I was hoping for bounce at 60k yesterday and not a falling under for it to only slide downwards.
As always, the schiff pitchfork i use has the values listed in the linked idea. If you like it, feel free to use it.
Binance - Long Signals31D:
- 20 Days until TD Sequential trend exhaustion.
- Pivots (Fibonacci) targets R2 & R3 within reach.
1D:
- Above Nison Strategy 'Trading The 9' EMA.
- Williams %R crossing mid range up.
- RSI bounce from mid line on Piercing Pattern in PB&J sweet spot.
12H:
- Piercing Pattern within PB&J sweet spot.
- TD Sequential bullish flip.
8H:
- Above Bollinger center band.
6H:
- Between EMAs suggesting potential bullish reversal.
6H:
- Change of Polarity (old resistance becoming new support)?
- Shadow-30 PB&J pattern long signal within PB&J sweet spot.
- Support bounce on Inverse Fisher ALMA.
- Deep within Fibonacci pullback between 38.2 - 23.6.
4H:
- EMA 50 support.
3H:
- Change of Polarity.
1H:
- Hammer
- Hammer on Bollinger lower band.
- Ichimoku potential reversal area.
BINANCE COIN! A defined Setup with Huge Risk:Reward!BINANCE:BNBBTC
🚨PLEASE LIKE AND SHARE IF YOU FIND IT USEFULL🚨
Some of you liked the way I explained my procedure for enteering a trade and calculating position size in my EOS/USD swing trade, so today I'll try to replicate it with this new BNB/BTC setup that I found.
** This analysis is ment for educational purposes, not financial advice. Trade at your own risk **
🟠 ¿WHY AM I ENTERING THIS BNB/BTC TRADE?
The first thing to consider is that there is clear evidence that the 2019 highest weekly close is acting as support after breakout. The previous two candles have long wicks down that immediately show rejection and return above 0.00456. Context is also important and should be considered, especially since cryptocurrencies show the highest correlation of any market. In the lower right graph we see Bitcoin in the daily time frame, which is currently breaking out from it's all time high of $57,500. As explained with red lines, a continuation after a daily close happens above is pretty likely. Keep in mind that the only reason you want to buy an Altocin instead on Bitcoin in this case, is if you expect it to go higher percentage wise. Assuming that BTC continues to rise after this breakout, altcoins will rise in a similar way, unless they have a particular setup as is this case.
In the upper right graph we see Binance Coin against the US dollar, which is currently in an area with a confluence of two types of support:
1. Horizontal Support at $255 derived from the highest daily close of the first of March.
2. Trendline support from extending the broken triangle formation.
With this in mind and considering the three relevant graphs, I believe that Binance Coin will rise against Bitcoin in a way similar to the last Leg Up of more than 200%. Not only that, but I also believe that Bitcoin wil rise as well, compounding the efect of your gains against the US Dollar. I believe that it will also happen in a more predictable way, allowing traders to use much larger positions without risking a larger amount by having a stop so defined and so close to the entry.
🟠 ENTRY (0.00457)
For this swing trade it does not matter much if we place the entry right in the highest weekly close of 2019. Price is currently just where we want it to be, so in my case I will enter with a market order at the current 0.00457 price.
🟠 STOP LOSS ( 0.003975)
As explained on my previous idea, the distance between your entry and your stop loss is what should define your position size, not random numbers or a percentage of your account balance. However, you shouldnt try to place your stop randomly close to your entry either, but at a place where you feel like the price reaching it invalidates the whole setup. In this case I will use 0.003975 as a stop loss, because I think it is far enough apart to withstand a flash crash if it happens, but not so far that it affects my position size too much. Aditionally, any weekly close below the level of support, would also be an early sign for exiting the trade, even if the stop loss hasnt been reached.
🟠 TAKE PROFIT
Defining take profits in an all time high is one of the most challenging things in formulating this type of setup, mainly because there are no areas of horizontal resistance that you can plot forward. That is why in my opinion, as long as you know that your probable take profit is at a reasonable distance that meets your R:R tolerance, you can eventually decide based on analyzing market conditions as a whole.
Knowing your take profit isnt necessary to calculate position size, which is also why I think it is less important than the price of entry or your stop loss definition.
🟠POSITION SIZE
Looking back to that EOS / USD trade, you can see that Position Size is calculated by dividing the risk ammount (What you are willing to loose if this doesn't work) by the distance in percentage from the entry to stop loss.
In this case I buy at 0.00457 and my stop loss is 0.003975, which is -13.3% below. Let's do an example with $100 risk ammount.
POSITION SIZE = (RISK AMMOUNT) / (DISTANCE TO STOP LOSS)
POSITION SIZE = ($100) / (0.133) = $751
This means that with a -13.3% distance to stop loss and a risk ammount of $100, my position size will end up being $751.00. If the ammount you get is bigger than the value of your portafolio, use leverage. :)
Thank you very much for your time and for sharing. I'll continue to update this idea as it develops, so feel free to follow me to get notifications on any news.
Feel free to post your comments or questions in the comment section. All positive feedback is well recieved.
$BNB BINANCE IS AN ABSOLUTE MONSTER - 10X IN FUTURE$BNB IS A COIN THAT WILL NOT GO ANYWHERE BUT UP IN THESE NEXT 90 DAYS.
Binance is much larger than Coinbase in almost every metric. Private sales value Coinbase at approximately $100 billion. That begs the question, what is Binance worth? ALOT more than Coinbase so these $BNB tokens will be climbing in the weeks to come.
$BNB also looking very nice here with the TA.
Great Opportunity to make a lot of money.
Good luck out there, friends.
**NOT financial advice**
BNB/USDT ( buy after breakout )BNB / USDT
Binance coin finally cool off after massive Breakout and we can now set a new trade according to my view
Potenial bull flag pattern
Reatrced to golden fib level
Good RSI + MACD
100 Ema dynamic support on 4H TF hold price well until now
👉 You can only buy after the Breakout / retest of the trendline
Invalidation : if the price close by 4h candle below Local support area
Cryptomarket Trading include volatility and high risk....Only trade what you can afford to lose
Best wishes