BNBBTC Rather BULLISH THOUGH VERY VOLATILE SET STOPLOSSESTechnical Analysis Forecast for Short-Mid on BNBBTC is as follows:
As always 18465s is your main figure, the STOP loss you should set before making any other bold moves
TP1-3 is labeled accordingly with green horizontals with 19480s as your SHORTSELL TP1
TP2 & TP3 == 20710sats // 20898sats respectively , CONTINGENT on whether we can break S1R1 S2R1 S2R2 as indicated by yellow resistance horizontal & blue pivot/support horizontal.
On the short-term; I'm very BULLISH on BNB , and 19480 is looking like a low risk low reward safe target for now yet if you're a more aggressive trader by all means wait to see how/if we retest the support needed to cross to next resistance threshold; as always be very careful with pairings as they can be tricky indicators can mislead you as BTC needs to parallel BNB priceaction for steady growth HENCE why I cannot stress enough the need for stop-losses!
Overall, BNB is a safe investment -- being in the top 25 market cap; the largest exchange on Earth, there was a time barely 2Q ago where BNB was hovering around a mean price range of 24-26$ and even at that price its still considered bullish, with plenty of room for growth as more users adopt crypto/learn about blockchaintech.
BNB has and always will be a major portion of my portfolio -- I support CZ, the charity initiatives by Binance Angels & Academy, & the lack of greed by the development team as men like CZ are genuinely interested in global adoption & not lining their pockets.
I would highly recommend an entry to all you EMA swing-traders if you're not HODLing already.
Disclaimer
Not Financial Advise.
-@a1mTarabichi
Happy Holidays / New Years!!
m.T.
Bnbbtcbull
BNBBTC inverted head and shoulders SHORT-MID
21334 PIVOT
21441 TP
20455 STOP
Inverted head and shoulders signals parabolic short - mid forex signal on BNBBTC pairing; while I did mention in my previous publication a buy signal from B&B (around 9AM EST with price hovering around 19850s) as we’ve seen a steady stream of volume accumulation, coupled with the INVERTED H$S Indicator , It’s clear to see that this train is not stopping anytime soon and depending on how aggressive you are you can take profit at higher Fibo levels; though I would highly recommend sticking with the ones I’m suggesting based on my own research.
Disclaimer
Not financial advice
- @a1mtarabichi
BNBBTC volume accumulation looks positive with bullish outlook
TP1/Pivot: 0.0022823
TP2: 0.0023000 (SHORT)
TP3: 0.0023125 (SHORT/BULLISH)
TP4: 0.0023303 (SHORT/BULLISH)
Stop @ 0.0022611
BNBBTC = undersold & looking fairly bullish in the short-mid frame; if you're bullish now is not too late to take a position...don't FOMO or FUD
Disclaimer
NOT FINANCIAL ADVISE TRADE responsibly. Don't invest what you can't afford to lose.
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