The structure of BNX is bearish. After the heavy drop, if BNX pullback to the supply range on the chart, you can look for sell/short positions in this range. Closing a daily candle above the invalidation level will violate the analysis Note that the financial market is risky, so: Do not enter any position without confirmation and trigger. Do not enter a position...
On May 6, Reuters, the famous news agency, published a lengthy special report alleging that Binance processed at least $2.35 billion of transactions from hacks, investment frauds, and narcotics sales between 2017 and 2021, and had weak KYC/AML protections for those years. My price targets are $218 and $130 for now. Looking forward to read your opinion about it.
Welcome to this quick BNB/USDT 4HOUR analysis in the chart I have tried my best to bring the best possible outcome in this chart. hello folks. Welcome to our BNB/USDT quick 4hr update, BNB/USDT currently trading inside the Symmetrical triangle pattern and creating head & shoulder patterns inside the Symmetrical triangle. According to the current scenario, BNB...
Bnb/btc looks like sexy. It's formed decending tringle and now it is on the bottom!
BNBBTC has bearish divergence on daily graph. It has also rising wedge pattern which usullay break below.
The second phase of the rising trend seems to have been completed. If the movement starts for the third stage, it is possible to see a rising trend of 450-500 bar per day. On average, a new ATH can be expected within 5-6 months. TP 1: 27 USD TP 2: 36 USD TP 3: 50 USD
In terms of long-term structure, BNB is in an ABC (green) pattern. I expect Wave B to appear as "Running Flat". In small waves, I also predict a triangle, which is now in wave C. after the C wave completed, i expect a new bullish trend will be started and conutinue until jan-2021.