BNBBTC, my next huge investment.Dear gamblers,
Long time since I didn't post feels good to be back.
This is my next investment idea which I have dedicated a good chunk of my crypto portfolio.
You will have everything explained in the graph. The first two purple lines and the grey box are the zones to brake for the price to go further afterwards there's not much to say. Fundamentally, I cannot explain it better than the white paper published in many web pages, please, read it, they are just 17 pages and you will realize it has actually useful purposes for users.
If you are asking yourself why I invest in BTC pairing... Well, let's say I'd rather accumulate BTC than USD.
***Do not take this as financial advice as this is just an idea I will follow, do your own research before risking your money***
Updates will come after price zones have been reached or if I have to reassess.
Take a good one for me free people,
Kind regards,
BeniGo
BNBBTC trade ideas
BNBBTC (Binance) finally pumping!Hi guys, if you like this post, please support me by clicking the like and follow buttons and leaving a comment! Thanks!
BNB has been a sleeper relative to the other altcoins. It is finally waking up and starting to move. Likely to see continuation in this strength as BNBBTC has flipped from bearish to bullish on multiple timeframes. The next time i comes back down to the 200MAs, could be a good place to buy.
Fundamentally, Binance is strong as ever and Binance Chain and its defi ecosystem is also growing steadily. Should see strong use case for it in the near future.
DISCLAIMER: I am NOT a financial advisor and this post is NOT financial/investment/trading advice. I will not be responsible for any actions you take based on the analysis and comments that I provide. I am simply sharing what I am doing, and is not meant to be investment or trading advice. What you choose to do with the information that I provide is your own sole responsibility! The cryptocurrency market is extremely volatile, and you WILL lose all your money if you are inexperienced! DO NOT risk any money that you cannot afford to lose and always be cautious and manage your risk!
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BNB/BTC / D / Uptrend based of crabThis is not financial advice, this is just my perspective.
Should have posted this earlier but better late than never.
Looks like a bearish crab formation was forming, bounced back of the fib 1.618 level as it is supposed to.
Look for the next fib levels I marked based of the downtrend in the C-D leg as resistance,
consider your exits around those levels.
Let me know what you think.
Don't forget to follow if you would like to see more alt coin charts in the future. Bless you all.
Short BNB/BTC - Good Risk/Reward Intraday Trade Binance broke out recently of it's long-term channel recently and had a specular run. It's close the 200 Day Moving Average and over extended in the short-term. I'd short it here above 0.0018 for BTC with a target of 0.00165 to 0.0015. I think it could reasonably get there by the morning, but the longest I'd give it is 1-2 days. Like most of my trades, we take it a day at a time. But it's been a while I really liked a trade and this is one of them.
Binance Coin (BNB) Looking So Much BetterWe've been following Binance Coin (BNBBTC) knowing that is going bull... The chart support this knowing.
We have prices now trading strongly above EMA50, as well as EMA10 and EMA21.
The MACD is now above zero for the first time since October and the RSI really strong at 64 and trading above all resistance.
We can easily see BNBBTC print additional growth and even pick up momentum while doing it.
Additional details on the chart.
Namaste.
It Will Surprise Many People ❕ Let’s Check #BNB In 2 Views :
1️⃣ Elliot View : The Big Corrective Cycle Finished ,Strong PRZ Zone Formed At 10200 Sat (End Of Wave 5)
2️⃣ Classical View : The Main Pattern Is Descending Channel Also Sitting At The Bottom Of The Long Term Trend Line
👉 The Technical Sides Of #BNB Are Great It Will Surprise Many People
✅ Tp 1 : 15600 (22%)
✅ Tp 2 : 20000 (56%)
✅ Tp 3 : 27000 (111%)
🔴 Stop loss zone : 10200 ~ 10000
🔥 BNB/BTC Strong Reversal After Deep DiveBNB/BTC is on its way back. After losing for several months, BNB/BTC is showing itself again to the world of crypto. The USDT pair has been showing us strong bullish behaviour over the past few months, so its only natural that the BTC pair will make up for lost ground whilst Bitcoin is consolidating.
The USDT pair seems far from showing signs of reversal, therefore the BTC pair has much more room to grow.
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs/lows. Do your own due diligence.
Happy trading!
Monthly Analysis: Binance - This is the bottom.A buy signal cannot be more obvious than this.
- Connect the Low to the High of the 22 month bullish wave.
- The 20 month bearish wave just ended in the perfect convergence
of Candlesticks and Western Technicals to give a buy signal.
- A Hammer candlestick signal creates horizontal support at the low
of the pattern at 0.00102. Not only did this occur on the low of the
Bollinger Band, signaling that the asset is oversold, but it also occurred
exactly at the 78.6% retracement of the up-wave.
- Remarkably, there is a convergence of strong Western Technical sell signals.
The high of the Bollinger Band lines up with the Tom DeMark TDST resistance line.
- Assuming an uninterrupted DeMark bullish wave, I see this asset being bullish
until approximately October/November of this year.
Technical Analysis of Bitcoin appears to be quite the inverse of this. Whether
or not you believe that Bitcoin will go higher or lower, confidence in the stability
and security of the reputable Binance exchange makes buying the Binance token
BNB an easy long.
Crypto|BNB/BTC|LongLong BNB/BTC
Activation of the transaction only when the blue zone is fixed/broken.
The idea is to work out the resistance level of the local consolidation zone after the fall.
* Possible closing of a trade before reaching the take/stop zone.
+ Maybe right now we will go even lower, then it's okay, the idea is not activated and simply canceled.
+ ! The zone highlighted by the ellipse is a zone of increased resistance, a local reversal is possible in this area, not 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 %.
Blue zones - activation zones.
Green zones - take zones.
The red zone - the stop zone.
Working out the stop when the price returns to the level after activation + fixing in the red zone.
Orange arrow - the direction of take.
Blue arrow - neutral scenario without activating the trade.
The red arrow - the direction of the stop.
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.
BNBBTC comes next. > 60% upside possible (with some patience)Showing an almost zero Stoch RSI, a falling wedge and a huge red TD count BNBBTC hints a strong bounce incoming within next weeks.
Those who will have patience will likely earn a 40-50% premium in my opinion. For starters.
As always, do your own diligence.
BNBUSD breaking out in 3rd waveBNB now has a weekly close above the intraday high from June 2019 as seen on the chart on the left. We are entering an Elliott Wave 3rd wave and it happens to be at all time highs. On the chart on the right, BNB is in either a wave 4 relief rally or a wave 1 trend change. In either case, BNB should do well relative to BTC for the time being.
💡 Don't miss the great buy opportunity in Binance Coin/BitcoinTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.00124). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Binance Coin/Bitcoin BNBBTC is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 65.
Take Profits:
TP1= @ 0.001510
TP2= @ 0.001670
TP3= @ 0.001890
TP4= @ 0.002185
TP5= @ 0.002472
TP6= @ 0.002774
TP7= @ 0.003300
TP8= @ 0.004005
TP9= @ 0.004815
SL= Break below S2
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Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡 Don't miss the great buy opportunity in Binance Coin/BitcoinTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.00124). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Binance Coin/Bitcoin BNBBTC is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 65.
Take Profits:
TP1= @ 0.001510
TP2= @ 0.001670
TP3= @ 0.001890
TP4= @ 0.002185
TP5= @ 0.002472
TP6= @ 0.002774
TP7= @ 0.003300
TP8= @ 0.004005
TP9= @ 0.004815
SL= Break below S2
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. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Binance Coin Looking Better & Better vs BitcoinBinance Coin (BNBBTC) is normally used as 'safe-haven' for when Bitcoin prices move lower.
Right we can see BNBBTC moving above EMA50 coming out of a low... Which opens the door for massive growth.
We have to wait for the daily candle closure for confirmation because prices can drop and close below this level (0.0013275). But a close above is super bullish.
The targets are marked on the chart.
The RSI is strong and the MACD as well.
We are active on this pair for a while now with a trade so we have been expecting higher prices...
Namaste.
💡Don't miss the great buy opportunity in BNBBTCTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.0012860).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BNBBTC is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 66.
Take Profits:
TP1= @ 0.0013510
TP2= @ 0.0013920
TP3= @ 0.0014450
TP4= @ 0.0015000
TP5= @ 0.0015700
TP6= @ 0.0016700
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in BNBBTCTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.0012860).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BNBBTC is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 66.
Take Profits:
TP1= @ 0.0013510
TP2= @ 0.0013920
TP3= @ 0.0014450
TP4= @ 0.0015000
TP5= @ 0.0015700
TP6= @ 0.0016700
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️