Short term Pullback on BNBLooks like we have short term pullback on BNB due to a raising wedge formation on a declining volume.
BNBBTC trade ideas
Revolution of BNB BNB shows a negative correlation, while BTC is bearish. It's a good sign. BINANCE:BNBBTC
BINANCE COIN : READY FOR A NEW BULLISH IMPULSE - LONG ! ! ! 🔔Welcome back Traders, Investors, and Community!
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BNB Short to 90-80 than Long to 130BNB could easy correct strong into the 80 and than pump to the 130.
BNB longNothing groundbreaking, but interesting to see this triangle/fractal repeating clearly on the BNB/BTC pair through April and May, which is not as visible on the BNB/USDT pair. Low risk long imo given BNB can be used on Binance for lower fees and need to hold for the higher trading level, also has uses on BSC which is likely gaining traction, for additional confirmation waiting on increasing volume. feedback appreciated. Cheers
Crypto|BNB/BTC|Long and shortLong and short BNB/BTC
Activation of the transaction only when the blue zone is fixed/broken.
The author recommends the use of anchoring fixed the blue zone, this variation is less risky.
If there is increased volatility in the market and the price is held for more than 2-3 minutes behind the activation zone after the breakdown, then the activation of the idea occurs at the prices behind the activation zone.
Working out the support and resistance levels of the consolidation zone.
* Possible closing of a trade before reaching the take/stop zone. The author can close the deal for subjective reasons, this does not completely cancel the idea and is not a call to the same action, you can continue working out the idea according to your data, but without the support of the author.
+ ! - zone highlighted by the ellipse is a zone of increased resistance, in this area there is a possible reversal for a correction, please take this factor into account in this transaction.
The "forecast" tool is used for more noticeable display of % (for the place of the usual % scale) of the price change, I do not put the date and time of the transaction, only %.
The breakdown of the upper blue zone - long.
Breakdown of the lower blue zone - short.
Working out the stop when the price returns to the level after activation + fixing in the red zone.
Blue zones - activation zones.
Green zone - take zone.
Red zone - stop zone.
Orange arrows indicate the direction of the take.
Red arrows indicate the direction of the stop.
Priority - The value of the priority parameter implies the author's subjective opinion about the more likely activation zone on this idea, this does not mean that this idea will be 80% activated by this parameter, the purpose of the parameter is to provide for the risk of the inverse of the zone parameter.
Example: "Priority Long: So the author inclines more in the direction of the activation zone open long trades, in this case, when reaching the activation zone in short you should be very careful, because this area may be highly likely to be punched about the breakdown/do not get to take/activate transaction from go to stop."
Please consider this parameter if you use my ideas.
SUM PNL: This parameter displays the total % of all closed ideas of the "new" format (according to the author) for this sector at the time of publication of the idea. The calculation is very "clumsy" just the sum of the profits of all the ideas, based on this indicator, you can more accurately assess the risks when working with my ideas of this sector. I present you the construction of the idea, you can use it yourself as you like based on your subjective view and risks, the calculation of the PNL indicator is carried out only on transactions that the author closed on TV in manual mode or by take.
P.S Please use RM (risk management) and MM (money management) if you decide to use my ideas, there will always be unprofitable ideas, this will definitely happen, the goal of the system is that there will be more profitable ideas at a distance.
BNB. Probably going to take offI think this baby is going to take off look at the symmetrical dips which has just got smaller and smaller as buying accelerates.
Let's hope Btc stays chill
Nothing else to add here
-Jebu
Bearish BNBBTC3 evident bearish indicators showing:
1. Price starting to hug the support trendline
2. Bearish divergence on RSI
3. MACD death cross
Watch out for this weakening pair. Trade wisely
BNB has pumped a lot and will pump even more!1. Biggest exchange
2. Exchanges coins are hot after getting destroyed harder than many others
3. Only other way to get exposure to exchanges as Coinbase IPO is hot
4. Natural demand from the products Binance offers
5. BSC has grown quite a bit and might grow even more as people migrate from other chains and especially Ethereum
6. Lots of BNB trading pairs and BNB is listed on several exchanges and can be used outside Binance
Chart looks super strong, with the previous ATH in BNBBTC turning into support and now BNB making a higher close. Very promising!
From now on I'll be sharing a lot more stuff here on tradingview. I have no idea why I wasn't doing in before and kept it only for long posts. Now that things are moving so fast, I'll keep posting quality setups. Not much fluff, straight to the point, easy to understand. Before that I was doing it mostly on Twitter and Telegram, but now I'll share more here. It is a shame I can't show coins I talked about a lot in the past and people to get to know me better, but it is a fresh start after being on this platform for 4+ years.
#BNB does what was expected from cup and handle #BTCI posted this some days ago and hopefully, you made some profits as it was so clear what's going to happen...
BNB still has juice, feels like a DejaVueCup & Handle
Bull flag
Fibonacci levels
highest liquidity
top centralized exchange
previously mentioned,
BNB/BTC - Consolidation in ATH means another impulse is incomingHigh probability of BNB breaking it's most recent consolidation vs USD and BTC.
I trade BNB against BTC at the bottom of the ascending triangleYesterday I took a trade BNB against BTC at the bottom of the ascending triangle. Normally I place a trade the moment the price breaks out of a triangle, but in this case I got in early for two reasons:
1. we are in a bull cycle!
2. it is a very clear pattern
I expect the coming months a lot of opportunities in alt coins. I trade alt coins to accumulate Bitcoin. This is my strategy for the coming period.
My first target is just below the 0.011800 based on Fibonacci level and the measured move technique.
From there I a will see what price action does. If it is still very bullish I will wait to sell, otherwise I might sell 50% or so. If there is a lot of resistance and it looks that the price will drop first, I might take 100% and get in again at the dip.
My current stoploss is 1 ATR under 0,008072, which is very low. I do this because i'll keep monitoring the marked and might get out if the triangle is broken at the downside. And BTC dominates the market, and I do not want to get stopped out when Bitcoin dips and bounces. The stoploss in this case is only to protect my trades when it all turns really ugly and I am asleep.
