Trade setup : Price remains in an Uptrend, however, it’s consolidating in a Sideways Channel ($500 - $620). Price has been very strong lately relative to the market. Most altcoins are off their March highs by 30-50% and this one keeps pushing against the $620 resistance...seems it`s just a matter of days before it pierces through and marches higher. Swing...
Trade setup : Price is in an Uptrend. It briefly broke above $600, however, it got very overbought (RSI > 80!) and was rejected at that resistance on some profit taking. Now we look for the right entry opportunity in Uptrend. We wait for price to either 1) break back above $600 to signal continuation of uptrend, with +10% upside potential to $670 next, or 2) pull...
Trade setup : Price broke above $500 resistance to signal continuation of uptrend, with +20% upside potential to $600. Stop Loss (SL) level at $450 for a 2:1 Reward-Risk-Ratio (RRR). Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55). Support and Resistance :...
Trade setup : Price remains in an Uptrend. After consolidating in a Bullish Flag pattern, price broke out in the direction of the existing Uptrend and above $400 resistance to signal resumption of Uptrend with +10% upside potential near-term to $450. Stop Loss (SL) at $387. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is...
Trade setup : Price remains in an Uptrend. After consolidating in a Bullish Flag pattern, price broke out in the direction of the existing Uptrend and reached our target of $400 for a +30% gain. Price has also broken above $400 resistance; however, it is now very overbought (RSI > 75), Hence, near-term, we’re likely to see it pause here on some profit taking. We...
Trade setup : Price remains in an Uptrend. After consolidating in a Bullish Flag pattern, price broke out in the direction of the existing Uptrend and broke above our target of $350. Potential upside to $400 next (+14% gain). Stop Loss (SL) at $320. Pattern : Bullish Flag pattern. Short term small rectangle trading range between diagonal parallel lines. It...
Trade setup : Price remains in an Uptrend. After consolidating in a Bullish Flag pattern, price broke out in the direction of the existing Uptrend and broke above our target of $350. Potential upside to $400 next (+14% gain). Stop Loss (SL) at $320. Pattern : Bullish Flag pattern. Short term small rectangle trading range between diagonal parallel lines. It...
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (505.89). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BNBUSD is in an uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (280.6150). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BNBUSD is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (280.6150). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BNBUSD is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...
Hello everyone, As I get use to setting up trading view, just be patient and any constructive advice is welcomed. As some exciting developments happened for BNB/USDT. We will look how to prepare next. If you want to look at my previous article on the chart, check out the profile. What did I do: • Drew horizontal rays for resistances/supports • Drew Fibonacci...
BNB is very strong and look like it will breakout soon Its targets should be 22$ and 28$ in this August Be careful if it drops below the last dip around 15$
Hello Traders, Here is an update of our idea on BNB/BTC trading. Checkout the related ideas. If you wanna recieve more analyses like this follow us on Tradingview. Best regards, Sandro and Gustavo
After a long decline as you can see downtrend was broken. We have find support on our favorite number 0.618 fib. Ahead of us is the first serious resistance ~25$ which is a horizontal stop for buyers. When approaching it, you should partially fix your positions. The second serious resistance ~40$+ which is a horizontal stop for buyers. Bottom line: In general, if...
BNB is not in good condition, but a small breakout close to 23.5$ today is a sign that we need to be worry because it seems that Whales will be ready to pump BNB back to above MA200 in 1D timeframe. However, buying BNB is still a good choice because the future of Binance is quite bright with good news on meeting legal issues coming from Binance and I see that in...
Under the pressure of BTC dump, BNB moved on the bad case and the next dip if 25$-25.5$. We can sell your BNB and wait it at this zone Accumulate : 25-25.5$ Sell : 26.5-28$ Mid-Hold : 30.5$ Long-Hold : 31.75-38$ Stop : Under 25$
Accumulate : 27-28$ Sell : 31.5$ Mid-Hold : 38$ Stop : Under 26$
Buy : Close to 27.35$ as possible Sell : 29.45-31.5$ Mid-Hold : 38$ Stop : Under 27.05$