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Bnbsell

BNBUSDT: Strong Sell Coming Up! BINANCE:BNBUSDT Price have been consolidating since a long time now, we are expecting price to manipulate first which will take our buy side liquidity and then after we can see price to drop strongly. Please wait first for the price to do it thing and once it takes out the buy side liquidity and with the confirmation we can enter sell entry. **If you like our ideas, then please like, comment and follow us which will encourage us to bring you more educational ideas** Team Setupsfx_
Short
by Setupsfx_
6
BNBUSDT ABC CORRECTION FOR SHORT SETUPMarket finished 1-5 Elliot wave in the uptrend and ABC correction and full 1-5 wave bearish, in the moment we are waiting for ABC correction completion of an bearish 1-5 Elliot wave, we are forecasting that market will switch direction at 522 zone, which is in between 50% and 61.8% (Reversal) fib zone. also in this zone we can see a heavy institutional volume candle in 1h time frame. Price history: In a past market also did a full Elliot wave up and down, and in its correction retraced to the 522 zone on it's C wave of a correction and went down to 361 zone. Entry: 522 Invalidation: 556 Target: 361 R/R Ratio: 4.74
Short
by vf_investment
BNBUSD latest trading ideaBNBUSD update Recall that the recently formed symmetrical triangle sent a message of hope for both buyers and sellers. We leverage the market momentum of BTCUSD to anticipate the future value of the Binance coin. Unfortunately, the fundamentals (Jerome Powell speech) favored the sellers and the market maintained its bearish tone for up to 24 hours. So far the stop loss is still below the support level - $200 , there shouldn’t be a reason to panic about the current loss. Currently, we’re relying on the blue and red trendlines to form a market sentiment. However, we’re optimistic that the pair will edge higher. Sentiment : Neutral
FTX:BNBUSD
by Famosky
BNBUSD: Analysis using Ichimoku 22/07/2020H4 On D1, the cloud is directing upward, indicating an uptrend. Also, the boundary of the ascending plane (channel) is visually visible, which can be a price correction. Conclusion: The price can form a local triangle-shaped correction pattern. RSI H4 may also form a triangular range. We recommend buying BNB at the end of the triangle pattern formation. H1 At H4, the cloud is directing upward, indicating an uptrend. RSI H1 is near the oversold level. Conclusion: It is worth paying attention to the possible resistance line, which could become the border of the triangle on H4. We recommend selling BNB when the price reaches the resistance line, and RSI H1 reaches the overbought level. In the medium term, we should expect the price to rise to the level of $20, possibly higher.
by QubitLife
1
BNB: Analysis using Ichimoku 08/06/2020H4 The price is trading above the Ichimoku cloud by testing the border of the trend line. RSI is in an undefined state, indicating a correction. Conclusion: We recommend buying from a key Fibonacci level of 61.8%. H1 The price is below the Ichimoku cloud, indicating a local correction. RSI has formed a convergence, indicating a possible end to the correction. Visually you can see a formed initial impulse in the direction of the older trend. Conclusion: We recommend buying from a key Fibonacci level of 50%, and also when reaching the RSI of oversold level. Good luck!
Long
by QubitLife