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Bnbshort

BNB/USDT Bearish TA update and Our short entry was $570#BNB/USDT TA Update: $BNB currently trading at $552 And went down to $539 Mean our top entry was $570-$575 Now..? Still I am bearish on $BNB But only when it’s trading below $590 So I am expecting $486 and $440 Again I will suggest you never be FOMO Always trade with good confirmations. Support:- $486/$438/$354/$296/$251 Resistance: $589 / Moon Please click LIKE button and Appreciate my hard work. Must follow me for latest crypto real time updates. Thank you.
Short
by CryptoPatel
13
BNB INDECISION!Bnb had a huge price action for maybe over a year and in the last couple of months. Bnb price doesnt affected by the market sell off and still consolidating for the last couple days with lower volume. To be honest i really think bnb should go lower before another price spike because it went parabolic and need to chill a bit. I m not buying from this area but i will definitly not short it! Im waiting price action to get out from triangle and then make a decision. Be patience before making any trade decision.
by thegreatwall38
BNB Is Due for A Correction (USD) - Tips on FOMOBNB was originally created by Binance for use within the Binance ecosystem. However, since then it has evolved, and this evolution is partly what caused incredible gains within the last few months. BNB provides fast transactions, it can be used to buy and sell a variety of coins, we can trust that it is safe and secure as it is run by Binance (the biggest cryptocurrency exchange in the world) and it is becoming accepted as currency by some service providers predominantly mostly in the hospitality/travel industries. However, even with these great fundamentals, even BNB is not immune to FOMO and overvaluation. Long term - Recently claimed the top three spot in terms of market cap in the crypto world. - Created and maintained by Binance, an ever-growing business. Binance constantly markets BNB to their customers which would have caused some of this growth. - We have learnt a lot about BNB in this run-up, its support and resistance zones, volume potential etc. Short term - Volume has dropped off significantly from its earlier run ups. - RSI indicates that BNB is currently significantly overvalued, every time the RSI has shown a similar valuation we have seen a substantial drop. - Yet to flip the $500 resistance, currently pumping way past it potentially due to extreme FOMO. Investors new or old never like to hear it one someone tells them that their coin is due for some retracement, but a decent coin usually goes through the following steps in a bull market: Hard up, soft down, consolidate, repeat. It is unrealistic for a coin to go up constantly, people who bought in lower will always take profits along the way which will slow down the growth. The difference between a "good" coin and a "bad" coin, is whether this growth continues, even after a correction. This is where fundamental analysis is vital. Note: If it successfully holds the $500 support, a drop lower will become invalid. Buy big sell BIGGER - MegaWhale
BINANCE:BNBUSDShort
by MegaWhale
1
Is BNB forming a potential Head and Shoulders pattern?BNB has been performing outstanding for some time now. Also as predicted in out earlier Idea that BNB could potentially touch new ATH. However what is interesting to see here is that BNB could form a potential Head and Shoulders pattern, if it manages to touch the Neckline. Neckline is till below its usual upward moving channel. However if BNB breaks lower part of upward channel (Green lines) then it will be officially in an H&S pattern. If this is the case then we might not see another ATH any time soon. Going by the pattern we have two scenarios here: Scenario 1 (Red Path) - BNB to continue its journey and breaks current ATH to create a new ATH. Scenario 2 (H & S Pattern) - BNB to stay below current ATH and could potentially break S1 and then try to recover between S1 & S2. May be next couple of hours could give us much more clear picture of where BNB is heading. If you like my analysis then do drop a LIKE and a COMMENT. Also dont forget to SHARE it with your friends. Also dont forget to smash that FOLLOW button to get daily analysis of multiple crypto currencies NOTE: These are my personal notes and in no way a financial advice. Do your own research and trade wisely.
by Manjyot
2
BNB +$1000 trip starts ... book your seatsIn all ways I think that BNB will exceed $1000 for 2021 , however we can say that it will begin in that case... we need breakout as a 4hr candle close above the resistance $351 so we can predit $445 then $596 and in case price drops Fibonacci levels can guide strongly where to buy as per the chart below $293 is considered good entry Please click Like button and Appreciate my hard work. Must follow me for latest crypto real time updates. Thank you.
Long
by BTC-fire
2