BNB Testing Breakout!BINANCE:BNBUSDT formed a weekly Hammer candle mid Dec. and has been in an upward movement inside a bullish falling wedge pattern since then, putting the odds in favor of a breakout for BNB.
BNB on the verge of a possible breakout.
Falling Wedge: Important Bull Market Results
Overall performance rank for up/down breakouts (1 is best): 49 out of 56/19 out of 53
Break even failure rate for up/down breakouts: 26%; 29%
Average rise/decline: 38%; 14%
Throwback/pullback rate: 62%, 74%
Percentage meeting price target for up/down breakouts: 62%, 29%
The above numbers are based on hundreds of perfect trades.
Hammer: Important Results
Theoretical performance: Bullish reversal
Tested performance: Bullish reversal 60% of the time
Frequency rank: 36
Overall performance rank: 65
Best percentage meeting price target: 88% (bull market, up breakout)
Best average move in 10 days: -4.12% (bear market, down breakout)
Best 10-day performance rank: 48 (bear market, down breakout)
All ranks are out of 103 candlestick patterns with the top performer ranking 1. "Best" means the highest rated of the four combinations of bull/bear market, up/down breakouts.
The above numbers are based on hundreds of perfect trades.
Bnbusdtlong
BNBUSDT forming bullish Shark | Upto 10.5% bullish Move expectedThe price action of Binance Coin / US Dollar is forming bullish Shark pattern and soon it will be entered in potential reversal zone.
This PRZ area can be used as stop loss point in case the complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 14.7686 to 14.3670
Sell between: 15.1170 to 15.9060
Enjoy your profits and regards,
Atif Akbar (moon333)
BNBUSDT formed bullish BAT | A good long opportunityPriceline of BNB / US Dollar Tether cryptocurrency is has formed a bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 20.1856 to 19.9834
Sell between: 20.6773 to 21.4066
Regards,
Atif Akbar (moon333)
BNBUSDT formed bullish Shark | A good long opportunityPriceline of BNB / US Dollar Tether cryptocurrency is has formed a bullish Shark pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 19.9622 to 19.8547
Sell between: 20.0889 to 20.3430
Regards,
Atif Akbar (moon333)
BNB Back For Good Once AgainAfter 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 you adhere to the scenario with a global market turn in the bullish direction, then the long from this price looks just fine. Not financial advice!
Binance (BNB) - BNBUSD - Excellent Opportunity-454% ROI ExpectedBinance (BNB) - BNBUSD - Excellent Opportunity For Huge Gains.
454% Gains Expected! - A Very Nice Trade Coming .. :)
Based on AB=CD pattern , Time Ratio & Gann Analysis, It's a potential long position with great returns :)
In a lower time-frame (4hrs) this long position has also been conformed.
Target Profit Range - 20-50 - (42.9%-454.5% Profit Exptected)
E.E.P(Early Entry Pint) - I.E.P (Ideal Entry Point)
TP 1 - 20 - 42.9% Profit From E.E.P & 81.8% Profit From I.E.P
TP 2 - 25 - 78.6% Profit From E.E.P & 127% Profit From I.E.P
TP 3 - 31 - 121.2% Profit From E.E.P & 181% ProfitFrom I.E.P
TP 4 - 37 - 164.3% Profit From E.E.P & 236.4% Profit From I.E.P
TP 5 - 43 - 207.1% Profit From E.E.P & 290% Profit From I.E.P
TP 6 - 50 - 357.1% Profit From E.E.P & 454.5% Profit From I.E.P
Buying Zone! Long Position
Early Entry Trigger Point - 13 - 15
Ideal Entry Trigger Point - 9-11
Adjust your Stop Loss according to your lot size,
account equity ,strategy & money management.
***If you want to get in this trade from this point 18.18 you can still make 37.5% profit till TP2 is reached, however there is a very high probability that price may continue to move down towards my ideal entry point., It is recommended to enter with a smaller lot size if you want to go long right away & manage your stop loss accordingly.
*Note - Price may touch $20-$22 mark before it goes down towards my entry point. I'm in this trade from $14.5 and keep it open as I'm not looking for short-term gains, even price go below $14.5 it won't affect my trade.
Good Luck.!
Disclaimer - This is not a financial advice.This is my personal view and analysis on this chart.
If you follow this idea please plan your trade according to your lot size and account equity.
Don't forget to follow and like , If you agree with my analysis :)
BNB Binance Coin breakout ?BNB after long consolidation between 14.25 and 16.40$ break up channel up to 18.4$ resistance and was started ABC rejection (A 17.03 B 17.70 C 16.51) . BNB was started new bullish wave up and broke EMA line heavy resistance at 18.2$.
Current price action above EMA 21,50,100,200 strong uptrend. Potential Resistance at 19.20 and 20.50$ price level.
Volume: don't confirm bullish price action potential retest support at 16.5$.
Indicators: MACD bullish crossover above zero line. RSI above 75 points, overbought level. Bullish sign.
S/R major support at 15.7$ support 16.4$, major resistance 20.5 resistance 19.2$.
Disclaimer: THIS IS NOT FINANCIAL ADVICE. All the information shared here is for learning and entertainment purposes only.
BNB trend reversal ?Binance Coin testing EMA 200 line. BNB closed above EMA 21,50,100 uptrend. After long consolidation in range between 14.2 and 16.4 .
BNB testing resistance trend line at 18.4.
Indicators: MACD bullish crossover above zero line. RSI above 50 points. Bullish trend.
Volume confirmed bullish price action.
S/R: Support at 15.7, Resistance 18.4.
Disclaimer: THIS IS NOT FINANCIAL ADVICE. All the information shared here is for learning and entertainment purposes only.
BNB - Time to Buy!Quite simple.
Previous ATH was resistance, it should now be at support. RSI is oversold. MACD is still positive, but I am guessing will round out as we bottom here.
And what do you know, also at this 61.8 FIB and looks like it could form this pitchfork channel quite nicely, which puts it's next target at 50. Maybe 100 if we go parabolic.
i got in on the way down. It's time to start accumulating BNB.
-Sherem
BNBUSDT forming bullish BAT | A long opportunityPriceline of BNB / Tether US cryptocurrency has formed a bullish Shark pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have started my buying zone from 0.618 to 0.886 Fibonacci however for more profit you can place your buying form .786 to 0.886 Fibonacci.
Buy between: 15.2542 to 14.8092
Sell between: 15.3710 to 15.9652
Regards,
Atif Akbar (moon333)
BNBUSDT has formed a bullish butterfly | Upto 56% expectedAfter a successful formation of Cypher pattern the priceline of Binance Coin / Tether US has formed a bullish butterfly.
RSI is oversold.
But MACD is still strong bearish and Stochastic is oversold but did not give bull cross sofar, so for safe trade we can wait for MACD to turn weak bearish or for bull cross from Stochastic.
Buy between: 21.8950 to 18.9617
Sell between: 24.1715 to 29.6814
Regards,
Atif Akbar (moon333)
BNB has formed a bullish BAT | Another good long opportunityThe priceline of Binance Coin / TetherUS has formed a bullish BAT pattern and entered in potential reversal zone.
We have 100 simple moving average support in PRZ area which will help the price action to take the bullish divergence insha Allah.
Volume profile showing weak interest of traders.
Stochastic RSI is oversold and giving bull cross.
Bollinger bands is expanded and candle sticks are hitting the lower band.
I have used the Fibonacci sequence to set the targets and the targets are as below:
Buy between: 28.6180 to 28.0750
Sell between: 29.0397 to 30.0599
Regards,
Atif Akbar (moon333)
BNBUSD formed shark a good long opportunityPriceaction of Binance Coin / US DOLLAR cryptocurrency has formed shark pattern and entered in potential reversal zone.
I have used Fibonacci sequence to set the targets as below:
Buy between: 29.4821 to 28.8600
Sell between: 30.0343 to 31.2761
Regards,
Atif Akbar (moon333)
BNBBTC (Binance Coin) Long Time Binance Coin (BNB) is looking very good, BNB has tested the golden fib ratio of 0.618 and bounced back from there. The major support of BNB is the trendline that is not broken yet in BNB history that is around 0.002 BTC. BNB is ready for another parabolic move with more and more IEO coming on Binance launchpad. Margin trading will boost the longs on BNB and price may breakout. After all, it all depends on CZ one tweet.
$BNB. This is the gem. HOLD$BNBUSD pair, what to say. You have a free money? Buy! This coin is selling with discount, its real price $100+ (only my opinion) per coin. Binance DEX, Binance US, IEOs every month, new projects on the Binance Chain, and etc...
Also I think it's a conservative asset which everyone must have in the crypto portfolio.
Buy BNB everytime when the price is around the lower bound and sell... or maybe just hold 2020, 2021, 2022 etc..
BNB Project 2019, P01, E01 - In a channel1st BNB analysis
As per the 4 HRLY and Daily Chart, the following observations.
Conclusion:
Go long on BNB, based on BTC pairing results
Buy at the dips within the BTC pairing chart.
DAILY Chart:
The rise of BNB has been impressive.
It seems to be in a large ascending triangle (channel) and within this, in the upper part.
BNB\BTC Pairing Chart:
> Given that BTC is on a uptrend, ALTs will do less against BTC as per BNBBTC pairing chart;
> The EMA ribbon indicates we have a strong resistance to pass which equates also to BTC dDominance increasing (forecasted);
> Blue region is the target after the break out;
4 HRLY Chart:
> Note the RSI levels and direction for the short term;
> After a significant increase, BNB has dropped back into the bull channel where it will accumulate before increase in price;
BTC Dominance results + forecast chart: