Get started

Bnbshort

BINANCE COIN: BEARISH NOW! Do not long it!As we can see on the BNB/USDT chart, the Binance coin has entered beasish mode. A strong trend line has been broken, which has also been retested, so that it is now likely to fall below this TL. In addition, at this point is Fibonacci level 0.618, which is generally considered the most important. The price is also reflected from the bottom edge of the EMA 100. At the moment, we should not trade the Binance coin in the direction of Long. The entire market is in an area of strong fear, according to the Fear & Greed Index. Stay with us and you will be informed about further events in the crypto markets. Don't forget to like and write a comment. Happy trading, Alex_UCT
Short
by UltimateCryptoTrader
6
BNB USD is ready to fall!My TA on 1D shows that: 1. Price is at the top border of its red channel. I cannot foresee where it will hit its peak, but it would be plausible to go SHORT within 555-580 USD range. RSI index supports this peak, it is almost at 80 level. It may go above. However, while the price is still rising, the vertical volume is decreasing. Best to check MACD for further confirmation just to be on the safe side. 2. Take Profit 1 is best to take at the liquidity level. Currently it's around 38.2% on Fib along with the bottom border of a red channel. 3. The red channel is forming Wolf waves. If this is indeed the case, then exit and TP 2 will be around 430-420 USD, which is 53%-55% on Fib!
Short
by WallStreetFox
5
BNB shortthis note just for me. I'm researching by date. I see every after that blue line. there is always a significant decrease. blue line on 7 september, 15 september, 23 september, 10 october and 17 october. the further back the date range the further away. I think after october 3rd there will be another big sale. I am confused why there is no number 4 on the blue line, straight from blue line 3 to blue line 5. I think the farther the range of the blue line makes the candle go wild up and down. or just a boring side way. I'm still trying to think that bnb will 211-217 before continuing to increase to 400 and above. these are all just my thoughts. anything can happen. if i miss, no problem. if it's right, no problem.
Long
by SeanPrestonFederline
BNB WYCKOFFHey traders, I've spotted multiple accumulations on BNB in the past days, but we've looked much worse than BTC (take a look at my latest idea). We've been rejecting the breaker block which will act as our OTE and we really like grabbing the 0.5 fib level which I've annotated using a magnet icon. I expect to take some profits there and then as price hits the golden line. As always like and follow if you found this analysis helpful and want more quality price action breakdowns in crypto. Happy Trading all!
BINANCE:BNBUSD.PShort
by TRADE_SNIPES