Binance Coin - The $70.000 price target is real!Hello Traders and Investors, today I will take a look at Binance Coin .
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Explanation of my video analysis:
Back in 2020 Binance Coin created a decent bullish break and retest of a horizontal structure which was followed by a rally of 10.000% towards the upside. After this rally, which ended in April of 2021, Binance Coin has been trading sideways ever since. Currently it seems like Binance Coin is preparing another bullish breakout, which could lead us all the way up to $70.000 in the future!
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Keep your long term vision,
Philip (BasicTrading)
Bnbusdtlong
BNB - Pump & Dump like XRP ?Hi Traders, Investors and Speculators of the Charts 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
BNBUSDT aka Binance coin has a nasty history of pumps and dumps. In the past, the King of Pump & Dump use to be XRP. But lately, it seems like BNB coin might take the title.
With the Moving Averages ribbon, we can see the sellers/bears take control after the recent top out. Is it possible to see a few for daily candles of downward trading before another 16% or 30% increase?
While you're here 👀 Check out this recent post on an altcoin that may go parabolic in the near future, MOVR :
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Warning, Loud noise trigger, Low structure content, BNB LONG This is news about why Stock market people will come to crypto when I convert them. I will get new fish. Then we jack up the price of TREX and MREX and let the wall street guys have it. Meanwhile it makes us 130% per week. Each TREX is worth $16k and makes 130% interest per week! ExplainRExtoken website needs an update.
Binance Coin (BNB) Could Test ATH Within Next Couple of WeeksWith more projects looking to solve the gas fee problem, they are looking to the Binance Smart Chain to do it.
This will create more demand for BNB and that's why I think it held pretty strong through yesterday's sell off.
My expectation is that it'll continue this consolidation pattern for probably a few more days before starting it's run up.
BNBUSDT: Elliot Triangle Wave(ABCDE)Good day money makers!
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- Currently, we have confirmed an Elliot Triangle Wave(ABCDE)
-This could confirm a further down movement!
-But as things are with crypto, this could also turn into an uptrend so be on the lookout for that!
- Next targets: Shart A, Short B
- High buy volume between 200 - 230
- This is just my current idea.
- I can be wrong a 1000%.
- There is always a huge chance of different patterns taking shape in these ever-changing charts.
- Trade responsibly.
- Be focused.
- Have a plan.
- Stick to the plan.
- No FOMO.
- Take the time to study YOUR own charts and come up with your own ideas as you are going to trade with your money.
- Never trade what you are not willing to lose
- Remember Stop-loss is your friend.
- Smile!
- Good Trading and Good Luck
If you Find my Charts useful please consider a follow and a thumbs-up as it motivates me to share and grow with you!
BNBUSDT Testing R1 At 280-285Good Day Traders!
If you Find my Charts useful please consider a follow and a thumbs-up as it motivates me to share and grow with you!
- We are now testing my previous idea... Let's see what happens
- We are currently testing R1
- Buy volume currently favors the 200-250 range
- This can indicate a possible short.
- I am Still Long... for the long term, but short for the short term
- We now need to wait for confirmation.
- If we pass through R1 it's possible to hit R2 and then after that even R3.
- This is just my current idea.
- There is always a huge chance of different patterns taking shape in these ever-changing charts.
- Trade responsibly.
- Be focused.
- Have a plan.
- Stick to the plan.
- No FOMO.
- Take the time to study YOUR own charts and come up with your own ideas as you are going to trade with your money.
- Never trade what you are not willing to lose
- Remember Stop-loss is your friend.
- Smile!
- Good Trading and Good Luck
If you Find my Charts useful please consider a follow and a thumbs-up as it motivates me to share and grow with you!
BINANCE:BNBUSDT
BNB Long short term analysisupdated chart from my earlier post!
- I think we can see a similar uptrend as what we've experienced before.
- There will be quite a few buy and sell areas for those who prefer short term trading strategies
- This chart is just my current idea. It can and most definitely will change!
- Please do your own research and trade according to your plan.
- Trade responsibly.
- Potential Short might be on it's way
- No FOMO!
- Keep it clean!
- Smile :)
- Please let me know what you think!
BINANCE:BNBUSDT
BNB/USDT Ascending Triangle - 30 min time frame
- Giant flagpole
- Ascending Triangle
- Might see a retracement to 260-280
- Current SL will be activated at about 270
- If we break out above the current triangle, TP at 340-360
- It's your money, It's your move... This is just my Idea.
- No Financial advice