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Bnbcoin

$BNB BINANCE IS AN ABSOLUTE MONSTER - 10X IN FUTURE$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**
FTX:BNBUSDLong
by jeffreytesterman
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
Long
by Babenski
45
Binance Coin (BNB) & The Binance EcosystemHello everyone, in this idea I'm going to go over a brief explanation of the Binance Coin token (BNB), and explain why I think this has the potential to increase in value. What is Binance? Binance is the worlds largest cryptocurrency exchange. Binance was founded by Changpeng Zhao, a developer who had previously created high frequency trading software. 1. What is Binance Coin (BNB)? Binance Coin is the crypto-coin issued by Binance exchange, and trades with the BNB symbol. Binance coin runs on the Ethereum blockchain with ERC 20 standard, and has a strict limit of maximum 200 million BNB tokens. 2. How Is Binance Coin’s Supply Controlled? Binance held an ICO for BNB (basically the same as a IPO), originally selling 100,000,000 coins to those that wanted to participate. The founding team was allocated 80,000,000 coins and the other 20,000,000 went to initial investors. 3. How Is Binance Coin Distributed? Each quarter the Binance exchange uses 20% of its profits to buy back BNB. Think of this like a share buy back that a traditional company would engage in. Binance will then destroy these coins (this is called a coin burn), in turn reducing the supply until 100,000,000 BNB remains outstanding. All in all, half of the originally issued coins will be destroyed. 4. Why is this positive for BNB ? The rules of Supply & Demand tell us that when the demand of an asset outweighs the currently supply, we often see a increase in prices. In BNB's case, first of all the tokens supply will be lowered over time with the BNB Coin burn described above: almost by half. Cryptocurrencies and Crypto Trading continues to increase in popularity and with Binance positioning itself as the #1 Crypto Exchange Worldwide one can only expect the demand to use BNB Token will increase, because BNB is used to power the Exchange Ecosystem, with features such as fees discount & digitized loaning & staking the growing user base will want to use more & more BNB token to lock in their fee discounts and receive potential rewards. What does the chart show us ? I can see two quite obvious formations on the chart which are giving us hints of the potential paths of movement here. 1. Head & Shoulders Pattern In the Head & Shoulders Pattern price forms 3 distinct peaks after a strong uptrend, the left and right peak should have a similar height (shoulders), the middle peak (head) has to be the highest or this can not be a HS pattern . They should seem triangular in appearance but as long as it fits the main characteristics can still be a valid pattern. You can click the above image for a further explanation of this pattern. 2. What is General Pattern Failure? General Pattern Failure occurs when a chart pattern breaks out, fails to hit target, quickly reverses then rejects off that same breakout level back inside the pattern continuing in the opposite direction of the breakout. General pattern failure can also be considered a Liquidity Grab or can be referred to as a “Fake Out” also when it happens more rapidly after the original pattern breakout. Pictured in the above image, you can clearly see how the price after heading downwards from the Head & Shoulders Pattern, came back inside of the pattern, "failing" it and then proceeding to head upwards from there. So eventually, if the BNB token were to come back inside this Head & Shoulders Pattern support area, we have the potential for the initial downwards breakout to get rejected and fail. The parallel channel may be giving us a sign that the price is going to head in that direction now. Learning to trade patterns such as these can provide great opportunities if you understand price action and how to identify the key areas inside the patterns that other traders and investors may be focusing on too, these areas become important psychological levels on the chart & price tends to have strong reactions from these areas. If you enjoyed the insights you can show your support by commenting & liking - below i have linked 3 other ideas explaining the Head & Shoulders & Inversed version of the pattern for further education.
Long
by Worth_The_Ri5k
7
BNB Not SAFU - Short Setup I will be looking for one of the short setups you see in the chart to potentially play out over the following day offering great returns with minimum risk . I am hoping to see a swing failure pattern of the previous swing high targeting crowded stops and then a move to the downside . You can decide if you want to pre set orders or wait for confirmation , I personally will have alerts set and will wait for them to go off. Whatever you decide lose the minimum and gain the maximum , set a sl and manage your Risk . Like and follow for more setups ...Thanks for stopping by
Short
by SJTRADESFUTURES
2
BNBUSDT (BINAINCE COIN) Struggling to BREAKPOUT! ANALYSIS 🔎 Here is the 4hrs chart on Binaince Coin. BNB has tried many times to hit resistance here! - BNBUSDT is consolidating in a descending triangle pattern. - I think relatively a big move is imminent if we breakout the descending resistance POSSIBLE PRICE ACTIONS - Uptrend ⬆️: breakout above the descending triangle inclined resistance. - Downtrend ⬇️: breakdown below support. Hit the 👍 LIKE button for more. Just 100% daily Cryptocurrency analysis.
by Tradingrecap
BNBUSDT: Elliot Triangle Wave(ABCDE)Good day money makers! If you Find my Charts useful please consider a follow and a thumbs-up as it motivates me to share and grow with you! - Currently, we have confirmed an Elliot Triangle Wave(ABCDE) -This could confirm a further down movement! -But as things are with crypto, this could also turn into an uptrend so be on the lookout for that! - Next targets: Shart A, Short B - High buy volume between 200 - 230 - This is just my current idea. - I can be wrong a 1000%. - There is always a huge chance of different patterns taking shape in these ever-changing charts. - Trade responsibly. - Be focused. - Have a plan. - Stick to the plan. - No FOMO. - Take the time to study YOUR own charts and come up with your own ideas as you are going to trade with your money. - Never trade what you are not willing to lose - Remember Stop-loss is your friend. - Smile! - Good Trading and Good Luck If you Find my Charts useful please consider a follow and a thumbs-up as it motivates me to share and grow with you!
by dstvst
3
BTCUSDT bearish sign ABCDE patternGood Day Traders! If you Find my Charts useful please consider a follow and a thumbs-up as it motivates me to share and grow with you! - We might see a possible pullback to the lower levels. - It seems that we have reached the end of our uptrend for now and the ABCDE pattern confirms this. - This can indicate a possible short. - We now need to wait for confirmation. - If we pass through R1 it's possible to hit R2 and then after that even R3. - This is just my current idea. - There is always a huge change of different patterns taking shape in these ever-changing charts. - Trade responsibly. - Be focused. - Have a plan. - Stick to the plan. - No FOMO. - Take the time to study YOUR own charts and come up with your own ideas as you are going to trade with your money. - Never trade what you are not willing to lose - Remember Stop-loss is your friend. - Smile! - Good Trading and Good Luck
Short
by dstvst
9
Binance Coin to 500$i learned something with time in tradining, do not touch something went up already!!, if you miss the train, you don't try to grab like mad when it pass, you wait next one. so BNB Rushed to 350$ so quick and so strong, why ? because we have a strong FOMO on Binance Chain, less fees, Swap tokens cheapers, liquidity pools. it have also same supplies BTC King and they Burn BNB. So yeah it have to up... So for now we can see we have a strong demand Zone around 250$ (38.2 Fibo Retracement) but imo i won't touch it and wait. it's good to gamble but its better to think a bit. if we miss and BNB start to pump more, well we will take the next train.. So if BNB down this the way to play it : ------------------------------------------------------------------------------------------------------ Buy Zones : - 220$ ( Fibo retrace 50 - Some will try to get BNB at this price thinking it will not back to 200$ ) - 200$ ( EMA50 H4 - Acting as Strong Support for now - Fibo retrace 61.8) ------------------------------------------------------------------------------------------------------ Take Profits : - TP1 : 390$ ( Security TP at least Take Profit 50% of your invest) - TP2 : 480$ ( Lower than 500$ !) ------------------------------------------------------------------------------------------------------ Stop Loss : 180$ or keep some juice to rebuy around 150$ (EMA100 H4). ------------------------------------------------------------------------------------------------------ Like always follow BTC moves cuz it can shakeout all markets ! Be Safe ! Happy Tr4Ding !
BINANCE:BNBUSDLong
by thecryer
9
BNBBTC, my next huge investment.Dear gamblers, Long time since I didn't post feels good to be back. This is my next investment idea which I have dedicated a good chunk of my crypto portfolio. You will have everything explained in the graph. The first two purple lines and the grey box are the zones to brake for the price to go further afterwards there's not much to say. Fundamentally, I cannot explain it better than the white paper published in many web pages, please, read it, they are just 17 pages and you will realize it has actually useful purposes for users. If you are asking yourself why I invest in BTC pairing... Well, let's say I'd rather accumulate BTC than USD. ***Do not take this as financial advice as this is just an idea I will follow, do your own research before risking your money*** Updates will come after price zones have been reached or if I have to reassess. Take a good one for me free people, Kind regards, BeniGo
Long
by BeniGo
3
BNB/USDT short term bearishBNB/USDT Analysis ------------------------------------------------- 1- Bnb/usdt created triple tops which is bearish pattern 2- Also we can see 50 day EMA act as a support Broke this support is a confirmation .. which is likely Happen soon 3- around 24$ is 0.382 fibo support level ..can rebounce from here 4- Also bnb now is regected from upper line of ascending channel formation since last march drop Look at channel in full picture : From all data above we can expect next target for bnb is around 24$ ** As long as price cant close by daily candel above 32$ this idea is active
Short
by Babenski
4