BE VERY CAREFUL FOR DOWNTREND!Bnb seems to not affected by much needed retrace in crpyto markets which is not a good sign!
One should be very careful with bnb trading if they are long bnb!
Bnb is very close to the ATH area and highly overbought right now.
Volume is decreasing a lot lately and BTCUSD pair is trending downward hard.
Therefore one should not buy from this area and should start taking profits!
I expect BNB price to retrace 0.008 areas for healthier uptrend.
Right now price action is too hot and volatile.
This mean money running from BTC and coming to BNB but if BTC keep losing its value people can panic sell that can lead to huge loss in altcoins!
Be very careful and let the price consolidate or even retrace a bit.
Bnbbtcshort
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.
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 short/mid/long I know I usually include a bit of an oped in my publications but I’m way too tired to write this bit so I’ll leave it at the obvious & follow up with an update later this afternoon.
Targets & Stop are self-evident.
Disclaimer
Not financial advise.
Twitter / Linkdeln
-@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.
TradingView/Twitter/Linkdeln/StockTwits
Same handle as above
DBL BOTTOM ON BNBBTC PARABOLIC SURGE INCOMINGAs title suggests; double bottom on 30m chart leading to what will be a surge in priceaction for BNBBTC
Target short is listed and as always; stop as well.
Trade Safely. Use your heads, not your guts!
Disclaimer
THIS IS NOT FINANCIAL ADVISE! You're a grown man/woman. Make your own investment decisions...this is purely for entertainment/speculative/educational purposes ONLY!
EDIT:
More specific/intended charting.
BNB Mega profitIt must be one of the biggest profits we've made! Since I have detected (March 7) this opportunity for VIP member. We are full sellers at $ 32. Jávais said we could go to 32.5 but it's risky. I am waiting for a return to $ 24 to buy again.
If you want an update it is possible from 30 likes.
BNB needs to retrace a bit before it can go to new all time highI expect BNB to go down to at least the weekly level here. So if you are trading on bitmax i would definitely be shorting it to that level if it was me
at that weekly level i expect BNb to have a decent bounce as a minimum reaction for a long will it make ATH's from there? it is possible altho i do not think so.
I think it has to go down to 1 of those 2 big daily S/R levels preferably the bottom one. If it doe that i would personally be loading up hard on longs