BNBBTC Latest Technical AnalysisYou can See BNBBTC Chart in 1 Day Time-frame.
BNBBTC Following Head and shoulder pattern break down .
I have Mention Support and resistance levels on Chart
Note: This is only for Educational Purpose this is not an Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
Thanks
Adil Khan
Bnbtrader
Sold BNB at last high with 1 indicatorBuy Green
Sell Red
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it's mainly for swing trading, i use the 3 day / 15 day / monthly charts with it and it works perfectly,
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it works good for stocks and cryptocurrency.
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you will use heiken ashi chart style and turn on the EMA DOTS indicator.
once the indicator is on you will hide the heiken ashi so you only see the dots.
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when a green dot -6.68% -7.44% -7.44% appears you buy, if a green dot -6.68% -7.44% -7.44% appears after that green dot -6.68% -7.44% -7.44% you hold your investment.
if a red dot appears you sell your position. easy as that.
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the standard dots setting will be set to 10 - use this for any chart above 3 days
change the dots setting to 6 for 3day charts and below
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shorter time frames will be choppy.
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larger time frames will be smooth.
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*Daytrading smaller timeframes is possible but not recommended.
BNB 30 % profitWe have very interesting trade.
Look this purple line support from January 2018. We didn't break 6 times .
The red line is very good resistance we didn't break 4 times.
What is my proposition ?
Long now or waiting 9.5 $
First target 11.66
if we can break I'm sure we going touch 14 $ ! I propose sold all your position and buy again around 10.5 $
Fundamental analysis:
Coin Burn in October !
I'm going update this trade if I have more than 30 likes
BNB 30 % profitWe have very interesting trade.
Look this purple line support from January 2018. We didn't break 6 times .
The red line is very good resistance we didn't break 4 times.
What is my proposition ?
Long now or waiting 9.5 $
First target 11.66
if we can break I'm sure we going touch 14 $ ! I propose sold all your position and buy again around 10.5 $
Fundamental analysis:
Coin Burn in october !
I'm going update this trade if I have more than 30 likes
Beware of BNB (Binance Coin)BNB is in downtrend from roughly 40 days.
Traders observing crazy bull run of BNB from past 3 months will be seeing this as a retracement and expecting a move up.
But look at the chart carefully, you will find that 0.0018500 resistance is too strong and BNB had a hard time breaking it in the past. Now it broke down from that resistance with good volume and also retested it (Retest is a sign of trend continuation). So be careful if you go long, this might be a bull trap.
In short - you may think it is part of first impulse wave 1-5 but it may be wave B of retracement wave ABC.
My play would be
1. Short it right now and try to ladder buy around 0.001400 resistance (10% profit) - stop loss at 0.0017500
2. Wait for a breakout above 0.0018500 with a good volume and go long from there - stop loss at 0.001800
Happy Hunting.
Note:- This is not a financial analysis.
BNB II#Binancecoin could be the king for the next few weeks thinking in that BTC is going to 5k area.
But, what's gona be.
SRSI oversold and trying sharply to go up.
MACD is geting lower but still over zero, could make a twist and cross up the signal.
Cup&Handle pattern could be valid, target and road on green.
Also, this must be taked seriously because of a possible Head&Shoulder pattern formation.
If the H&S get succed, target and road can be seen in red.
But if the H&S fail, could be like, more or less, the clear-green road and target.
About timing, possible wont happend as i printed here.
Educational Only.
If you like my ideas, please hit Like, leave a comment, share them and follow me for more. Thanks.
GoodTrade
-CJ-
Bnb Good deal with good risk.
1 target: 13.53 (16 %)
2 : 15.2 (30 % profit)
3 :15.85
stop loss : 11.03 (6%)
Guys I'm just asking you to think!:
Binance expects a net profit of up to $1 billion USD this year. (better than Barclays, Credit Suisse , Deutsche Bank.)
Binance CEO 0.16% Claims 10 million Users
Binance announced plans to allow fiat-crypto trading this year!
Guys you make a very big mistake if you didn't buy bnb. Show me where you make profit with other crypto ?! I told you when the price bnb was less than 1$. And I'm going told you when the price will be 30 $
With more than 40 likes I'm going to update .
Following me !
BNBAre you ready for 30 % profit ?
A lot people think about XRP for big profit or other crypto but think about BNB ! you have the same price before that xrp ! now bnb can go to 18 $ and xrp ? maybe 1 $. It's not too late sale your xrp or other crypto that you don't really made profit and buy BNB !
We are long
1. Target : 15.82
2. Target : 16.6
3. Target : 17.8
Check my previous analyse big profit ;)
with more than 30 likes I will make a update
Binance Coin: All about patternsSince Cryptospace has become more popular.. trades are more intensive and technicals.
This is just an idea of what could happen with BNB in the next few days...
Just an idea ;)
I think this could form a Cup, that will be confirmed if price crash for make the handle... that could show itself as a H&S or some kind of Harmonic of reversal trend.
+EMA 21 just cross EMA 55
+Volume increasing
+MACD positive correlated.
Let's see... for now.. TRADE the UP!!
And after that.. it has loooooot more to rise!
GoodTrade!
-CJ-