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Bnbbtclong

BNB Back For Good Once AgainAfter a long decline as you can see downtrend was broken. We have find support on our favorite number 0.618 fib. Ahead of us is the first serious resistance ~25$ which is a horizontal stop for buyers. When approaching it, you should partially fix your positions. The second serious resistance ~40$+ which is a horizontal stop for buyers. Bottom line: In general, if you adhere to the scenario with a global market turn in the bullish direction, then the long from this price looks just fine. Not financial advice!
Long
by Cryptalion
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. TradingView/Twitter/Linkdeln/StockTwits Same handle as above
Short
by a1mtarabichi
BNB - Bullish Momentum/Catching Support on the 200, Up We Go!Hey folks! To be honest, I was worried about BNB. Looking at its 4-hour chart, the price action was in a falling wedge as it approached the original uptrend (pink) which I was sure would push the price out of the wedge. However, the price broke through the uptrend support area and looked like it could get stuck below the uptrend, falling further into bearish territory. It looked bad. But after hitting the coveted .618 Fib retracement mark, it looks like the bull are taking control and this whole scenario may have been a bear trap. We trampolined out of the blue descending wedge and tested uptrend again. And the price appears to be bull flagging as it catches support on the MA200. I like seeing a strong bullish setup with long-term moving average supporting the price. I'm hoping this next jump will push us beyond the uptrend and back into bullish territory. I'm entering here and will be watching for the breakout!
Long
by jpbrown1023
BNBBTC formed bullish BAT on 2 week chart | Upto 152% expectedPriceline of BNB / Bitcoin cryptocurrency has formed a bullish BAT and it is entered in potential reversal zone to hit the sell targets soon insha Allah. This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone. Price action is also hitting the 50 simple moving average support. Volume profile is showing less interest of traders here, but Stochastic is oversold and did not give bull cross and MACD is strong bearish so for secure trade we can wait for MACD to turn weak bearish or for stochastic to give bull cross then buy. I have used Fibonacci sequence to set the targets: Buy between: 0.0020008 to 0.0016403 Sell between: 0.0028524 to 0.0041344 Regards, Atif Akbar (moon333)
Long
by moon333
7
BNBBTC has formed a bullish shark | A good long opportunityPriceline of Bincance Coin / Bitcoin cryptocurrency has formed a bullish shark pattern. Even though the price action has already hit the sell target area which is the Fibonacci projection of C to D leg, but if the MACD will give weak bearish signals then the price action can enter proper in sell target zone again. Targets are: Buy between: 0.0025990 to 0.0025759 Sell between: 0.0026227 to 0.0026732 Regards, Atif Akbar (moon333)
Long
by moon333
BNBBTC has formed shark | Upto 60.50% expectedThe priceline of Binance Coin cryptocurrency has formed an bullish shark pattern and entered in potential reversal zone. The volume profile of complete pattern is showing less interest of traders below 0.0025507 stas where the price action has already touched and moved up and from here the priceline can hit the sell targets soon insha Allah. The targets are: Buy between: 0.0029531 to 0.0025507 Sell between: 0.0033014 to 0.0040953 Regards, Atif Akbar (moon333)
Long
by moon333