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BNBBTC trade ideas

BNBBTC Technical Analysis⏳ Spot 💎 BNBBTC has been moving along the descending channel. It is Bearish now and it might go lower to the Pullback zone. if it breaks above the channel it is expected to reach TP1 🌐 Tradingview 🏁 Short & Medium Term 💵 Invest Only 5% of your Portfolio 🎳 Entry at Market or at 0.006666 ☕️ TP1 0.008560 🍺 TP2 0.010222 🍻 TP3 0.011888 🍾 TP4 0.013333 🍷 TP5 _________ 🍸 TP6 _________ 🍹 TP7 _________ 🎁 TP8 _________ 🚫 SL 0.006000 Good Luck 🎲 Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️ Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. We will have more FREE forecasts in TradingView soon Have a Profitable Day
Long
by Fibonacci-Signals
BNBBTC is testing the 4h resistanceBNBBTC is testing the 4h resistance inside a huge ascending triangle. IF the price is going to have a breakout from the 4h resistance and retest the previous resistance as new support, According to Plancton's strategy (check our Academy ), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure.
Long
by InkyGrip
4
$BNB/BTC 4h (Binance Spot) Falling broadening wedge breakoutBinance Coin is recovering and just regained 200MA support, bullish continuation is in play! "Binary Finance" combines Centralized and Decentralized exchanges thanks to Binance Smart Chain, more info on binance.com If you know how to trade in Binance Margin, you can use up to 3x leverage for that set-up. Current Price= 0.009087 Buy Entry= 0.009030 - 0.008868 Take Profit= 0.009571 | 0.010120 | 0.010808 Stop Loss= 0.008533 Risk/Reward= 1:1.5 | 1:2.81 | 1:4.47 Expected Profit= +6.95% | +13.09% | +20.77% Possible Loss= -4.65% Fib. Retracement= 1.117 | 1.414 | 1.764 Margin Leverage= 1x | 2x | 3x Estimated Gain-time= 3 weeks
Long
by TradingOn
Is it over for BNB?In my opinion probably yes. I do believe Binance has done many things wrong over the years, especially in the US... so the hammer is coming for them too. They played games, they made tons of money... but in the end regulators will go after them for a million different reasons. Of course it will be mostly about control over the industry, but no matter whether I agree with it or not, it is coming. Binance will survive, but it is taking multiple hits over and over again. Overall exchange tokens went up a lot prior to the regulators stepping in, so it big dumps are easier. The market was already reversing and we are seeing some of that money flow into DeFi. Of course in the short term both will get hit, but DeFi has a much stronger case for it to be made. BNB could be classified as a security, their ICO could be deemed 'inappropriate' and the Binance chain not decentralized enough. We already see many users being forced to leave the platform from many different countries. They are the largest, and so they are the biggest and easiest target out there. BNBUSD and BNBBTC have definitely gotten them memo and they aren't looking all that great. To me there is no way back, but be aware for some scam rallies before going lower. That's why it is better to have a large stop loss than a small one. Any rally is to be shorted...
Short
by BitcoinMacro
BNB In Danger Amid Regulatory Pressure BNB In Danger Amid Binance Regulatory Pressure Binance Coin appears to be forming a massive bearish pattern that could see the token's price plummet below $100. KEY TAKEAWAYS Binance Coin has enjoyed an impressive 32% rally over the last two weeks. Despite the significant gains, BNB appears to have formed a bullish-to-bearish reversal pattern. Losing the $314 level as support could mark the beginning of a steep correction. Binance has faced mounting regulatory pressure worldwide over the last few months. Although the exchange’s daily trading volume has remained stable at around $30 billion, Binance Smart Chain’s native token, BNB, could soon suffer the consequences. Binance Coin Could Crumble Binance Coin is confronting a disastrous standpoint. BNB seems to have been fostering a head-and-shoulders design on its every day diagram since mid-February. The fourth-biggest digital money by market cap as of now seems, by all accounts, to be framing the right shoulder of the negative arrangement. A spike in selling pressure that pushes BNB underneath the head-and-shoulders' neck area could prompt a critical decrease. Cutting through the $280 backing could stamp the start of a downtrend by as much as 65% towards $98. This bearish objective is controlled by estimating the stature between the example's head and neck area and adding that distance down from the breakout point.
by GerradFletcher
BNB looking solidBNB much like Ethereum had a huge pennant play out on the higher time frames against bitcoin which broke out over the last few weeks with descent conviction despite relatively low volume. Market is having a little cool off but respecting a equilibrium level at the moment how not ruling out a sharper pull back to around the 382 fib line. If the trend stays in tact and can break the current high then looking at the supply block for another descent market correction on BNB
Long
by DeNomics