BNBUSDTPERP
BNBUSDT: BREAKOUT CHANNELING, BULLISH CONTINUATION OF ALTCOINS?Hello Traders, Here's free outlook for you. Don't forget to SMASH LIKE, COMMENT, and FOLLOW button to support the channel.
BNBUSDT is breaking the flag pattern and potentially move upward to the target area.
The roadmap will be invalid after exceeding the support/target area.
DISCLAIMER:
This is only an outlook, not a recommendation buy or sell cryptocurrency.
BNBUSDT: BREAKOUT DBW PATTERN, LIMITED UPSIDE/CONTINUATION MOVE?Hello Traders, Here's your free outlook for BNBUSDT, Don't forget to smash the LIKES, COMMENT, and FOLLOW BUTTON to support the channel.
BNBUSDT is breaking the upper trendline of descending broadenning wedge pattern and may continue moving upward to the previous resistance or target area.
The roadmap will be invalid after exceeding the target/support area.
DISCLAIMER:
This is only an outlook, not a recommendation to buy or sell the cryptocurrency.
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bnb/usdt Hello everyone, the price is turning towards the support line in the triangle. Soon she will have to get out of it, I think the further price movement will determine the Fibonacci levels. This is not financial advice or a call to action, I am posting this for discussion.
(your thoughts in the comments)
BNB/USDT on fire...As you can see the BINANCE:BNBUSDT market is so bullish.
Hammers on the Fibo 0.5 and Support on 0.618 giving us the next Strong Confirmation. The Token burning Fundamental in coming days with this fully bullish chart can help BNB reach to the targets easily.
You Can also check my Related Idea about BINANCE:BNBUSDT From a few days ago.
If you're BINANCE:BNBUSDT Holder, Follow me for Upcoming Ideas in coming days.
Don't forget to Like and Comment.
BNB 1D What happens to the price, what next long or falling?The price of BNBUSDT could not be fixed above the important level of $438
After that, there was again a price drop in the liquidity zone of $215-230.
A positive factor is that the price of BNBUSD did not update the minimum, as did the price of BTCUSDT
In the coming days, the BNBUSDT price may rise to the level of $380, then we will need to closely monitor the behavior of the price.
If the strength of buyers is convincing, the price will be able to rise above $380, but only after fixing above $438 can we confidently say about the continued growth to $625 per BNB
Do not overlook the possibility of lowering the price of BNBUSDT once again to the liquid zone of $215-230. If there buyers once again activate a strong buyout, it will be possible to assume that the big long position is typed, the purpose of growth for which will be updating of a maximum with the first purposes $815-890
Fixing the BNBUSD price below the $215-230 liquidity zone will pave the way for a drop to $115-140
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Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
BNB/USD 16 June 2021 #h1 As we see on BNB/USD chart on 16 June 2020, it pullback and reetest the importat support around 345-350 which is resistance turn support since 13 June 2021, as price around 345-350, the RSI on H1 also around oversold around 30
Trading plan: Long BNB/USD around 345-350 Target 365 , Sl 335 On H1
Binance Coin recovery hits more barriers toward $360Binance Coin suffered rejection before hitting $440 last week. The bearish price action superseded a recovery move from the crash to $210 in May. As sellers regained, the bulls' focus shifted to securing higher support, perhaps at $400 and $380.
However, declines soared, with Binance Coin plunging below the 100 Simple Moving Average (SMA) and the next tentative support at $340. BNB tested support at $320 on Tuesday before a minor recovery came into the picture.
Binance Coin recovery treads on shaky grounds
At the time of writing, the Binance exchange native token is teetering at $338. A bearish cloud is hovering, conceivably due to the hurdle at the 50 SMA on the four-hour chart. Moreover, failure to hold above $340 has triggered more sell orders as bears eye another drop to $320 and $300, respectively.
The four-hour SuperTrend indicator, which follows the trend of an asset while considering the asset's volatility, has recently presented a sell signal. This call to sell appeared after the chart overlay line flipped above the price and changed from green to red. The signal implies that Ripple is in a bearish trend and traders should consider taking short positions.
The same bearish outlook has been reinforced by the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD). The former is moving fast toward the oversold region, suggesting that the bearish grip is stiffening. Similarly, the MACD has a bearish signal accentuated by the drop below the zero line in addition to the MACD line (blue) increase the divergence under the signal line.
However, it is essential to realize that a four-hour close above $340 may see market stability return. Moreover, gaining ground past the 100 SMA will validate recovery toward $400.
Binance Coin intraday levels
Spot rate: $338
Trend: Bearish
Volatility: Low
Resistance: $340 and the 100 SMA
Support: $320 and $300
BNB 1D A little positive, growth is possibleConsider the BNBUSDT chart on the daily timeframe
The May drop in BNB price stopped in the $215-230 liquidity zone, which we noted as an important target in the previous idea.
After that, we got an almost 100% bounce of the Binancecoin price upwards.
Is this the end of the upward bounce? We hope not.
In the coming days, we expect another upward impulse in the price of BNBUSDT to the area of $530
After that, I would like to see a correction, but not deeper than $350-380
We think that it is in this liquid zone that the future of the further strong price movement will be decided.
1) The first option is a movement from the consolidation of $350-380 and upward with a renewal of the maximum to the area of $820-890 to begin with.
2) The second option is the aggression of sellers, negative news background in general on the crypto market. Then it will be difficult to stop the fall in the zone of $215-230, and below we have zone $115-150
_____________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)