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BNBBTC trade ideas

BNB Short Term Bullish + Breakout? (+33% Potential Profits)Hello Fellow Traders, Today we are looking at Binance Coin ( BNB/BTC ). As we can see, this coin peaked on its last bullish wave at around 31500 satoshi. Since then, there has been a strong correction back down to the 100 EMA. Prices are now trading above all EMAs now, a strong bullish signal. Additionally, we see some large buys and increasing volume , another bullish signal. The MACD also given crossed on Oct 12th, and the RSI is well above 50, both of which are bullish. Finally, here on the 12H chart, we can see a small ascending triangle pattern forming with little overhead resistance, until the most recent high. However, a breakout above this level could trigger some decent growth and allow for new 2020 highs to be set. A potential short-to-mid term trade setup now could be: Entry: 25750-27500 Support: 23000-24750 Take Profits: 1 - 29250 (+9%) 2 - 31275 (+14%) 3 - 36795 (+33%) Leave a like and share your own thoughts and comments down below if you liked the post. Also, follow me for more ideas! Check out some of my others down below. Price at writing: 26625 satoshi.
Long
by PS_TopDollarInvestments
1
BNB/BTC retracted to perfect buy in zoneBinance BINANCE:BNBBTC is the best crypto exchange with proven authority and constant updates over the past years. Shortly it became the biggest CEX and released their coin to handle the most volume they direct through their services. Although now we see the DeFi craze and launch of new DEx like Uniswap BINANCE:UNIBTC that are releasing their own token as binance, they need time to mature and find a decent support price before considering it a good buy. You can’t go wrong with entering at 0.618 fib retrace lvl . This dip might be the last before the next leg up. NEW NORMAL We are entering a new era Where live gives us endless opportunities Old things become outdated Outdated business die You grow with this new normal All common things changes Adapt to the new reality The new world, the new YOU!
Long
by Crypto_Burns
7
Will the popular Benign Coin continue to grow against Bitcoin?Hi everyone The MacD indicator is getting positive. The CCI indicator has passed the number 100+ and is now 108. The RSI indicator is still a long way from being saturated. Price behavior in daily timeframes during the last 4 days has been positive and so far has shown a growth of 8%. All the conditions are in place for good growth to continue. Provided that the price can be closed above the current resistance number of 0.002735 in the daily time frame. Good luck .
Long
by mansour1978
1
BNBBTC created a head and shoulder 🦐BNBBTC created a head and shoulder after a nice rally. The price had broken the neckline and retest it, and now is testing daily support. IF The price will break daily support, According to Plancton's strategy, 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. Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Short
by InkyGrip
7
CAN BNB Save the Market??In this chart I show how if BNB is above 24,470 sats that it has a chance to save the crypto market moving into late November. The problem right now is most of the altcoin market is down - While Binance is saving face for the time being. If we are able to get back some of the long double band support coming up through the bottom of the chart - and ultimately clear 26,000 sats before Halloween then YES - BINANCE has a very good chance at saving the market and giving us a strong 2020 ending - just as it did in the first half of the year! If you want to watch the video click the link in the Bio! Stay Cryptic Ya'll. -BK-
by bdkelly1203