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-
BNBBTC trade ideas
BNBBTC, Possible buy trade!If you look at this support line you will agree with me!
A huge accumulation under the Key Level can give us a good buy trade above.
It's better to wait for a confirmation when the daily candle will close above.
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Before to trade my ideas make your own analysis.
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Binance Coin Recovering With StrengthThe correction for Binance Coin (BNBBTC) only lasted a few days... After testing EMA10 and EMA50 as support, we are seeing strong bullish action taking place.
I wouldn't be surprised if we more gains.
The last high if the first and main target for this current move.
Namaste.
Ascending triangle on 4H BNBBTCVery simple trade I did, ascending triangle forming (high lows) bought at break of 0.00232xx resistance.
0.236 Fib level acted as resistance, increased stop-loss to break even.
Rally continued, took portion out at 0.382 fib level, again increased stop-loss. So was always in a winning trade.
Took another portion out at 0.5 fib level, let the rest RUN with stop-loss.
- Keep it simple.
- Take profits.
BNBBTC bounced on 0.786 Fibonacci Level 🦐BNBBTC bounced on 0.786 Fibonacci Level and now is testing a weekly resistance.
IF the price will break weekly resistance According to Plancton's strategy, we can set a nice order
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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 Plancton0618 strategy will trigger.