BNBBTC trade ideas
long BNBBTCEntry: 0.0027 btc, goal is to sell 1/2 on the way up and turn the other into a swing. sl is tight at .00245. bnb is also the hottest coin on binance US since btc tanked to 10k.
BNB/BTC ANTI CRAB Harmonic Pattern BNB/BTC formed the ANTI CRAB Harmonic Pattern
buy zone 0.00198 -0.0020
Sell : 0.0025 - 0.0033 - 0.0036- 0.0043 - 0.0047
BNBull or BNBear??BNB has been in a bear-trend since its massive rally to ATH's in early 2019 when it reached 48134sats. On the way down price lost the Weekly Supports of 33000sats and 26555sats, however the Weekly Support of 16800sats has held strong since first being tested in March this year. Price is now testing the downtrend identified on the Weekly TF which runs from ATH and the swing high of June 10th 2019 Weekly candle. If price were to close above this trend-line I expect it to test 22841sats Weekly Resistance at least with the Weekly resistance of 26555sats being my next target. If the trend-line were to remain unbroken then price would be forced to break the 16800sats Weekly Support and test the Monthly Support of 12472sats.
a good idea for safe profit , BNBBainance exchange coin (BNB) has a 25 to 30 percent profit potential, depending on its price floor, both with BNBBTC and BNBUSDT.
Don't miss the great buy opportunity in BNBBTCTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.00204).
. 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 59.
Take Profits:
TP1= @ 0.00230
TP2= @ 0.00260
TP3= @ 0.00299
TP4= @ 0.00354
TP5= @ 0.00439
TP6= @ 0.00472
SL= Break below 0.00200
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$BNB, Crossing over ~.002 sats resistance level$BNB
Crossing over ~.002 sats resistance level and trying to flip it into support as UCTS is showing a buy signal on the daily chart...
If its able to hold above this level, I will aim for continuation toward ~.0022/3 sats levels as first targets..
#BNB
BNB-BTC ALLIGATOR OPENED MOUTH! ***NEW BULLISHH TRADEPLAN***BNB-BTC ALLIGATOR OPENED MOUTH! ***NEW BULLISHH TRADEPLAN***
BINANCE:BNBBTC
We see clearly that the alligator has opened his mouth! This is an message of a new possible trend.. Open trend untill the alligator closes his mouth..
Buy in between: 18880 - 20468
Goals:
1: 20826 10%
2: 21390 13%
3: 22301 18%
closing trade conditions:
- when goal 1-2-3 is reached
- when alligator closes mouth
BNB/BTCBinance Smart Chain is finally released with staking enabled. Two scenarios are drawed in the chart but likely BNB wont give you a retest of the descending line but go straight up with this bullish news.
Note: If you like the content and the setup, please give me a follow not to miss out on many altcoins charts to come.
BNB local work. Diamond. From January +61, +70, +125, +9, +61%BNB / BTC local work. After the break of the main downtrend line, a local uptrend developed and a diamond pattern with a base of 20% was formed. The price held above the downtrend line, which is a good sign. This formation may become the ultimate trend reversal pattern. Entry towards the breakout of this formation.
Past trading ideas for this BNB / BTC pair that are relevant, but more on a global scale.
BNB / BTC Accumulation channel. Trend reversal zones Coin operation.
Profit + 23%
BNB/BTC Breakdown of the downtrend. Past ideas +23 13 58 70 125%
The BNB / USDT trading idea is positional work on a global scale.
BNB / USDT Channel Up. Cycle. Wedge. Reversal zones. Published in January.
Long + 61%
Short + 70% (the price fell below, but the last targets were in this zone).
Long + 125%
Short + 9%
Long + 61% (the trend continues).
Bullish on BNBBinance is about to release its Binance Chain Mainnet upgrade, which will allow DeFi projects to migrate into Binance Chain.
DeFi projects are suffering from high fees on Ethereum, and binance is about to take over... it will be interesting to see if Binance will succeed in their mission to take over.
If that happens, BNB upside is big.
An outlook of Binance Coin. $BNB coin acting as a discount coin to pay trading fees on Binance is in quite an interesting position here.
The down trend on BNBUSDT is broken with BNBBTC falling wedge breakout, we estimate that $BNB will reach all time high on BNBBTC and near $60 on BNBUSDT
How to trade?
Trading is just like programming where you use IF-THIS-THEN-THAT method, if BNB broke resistance then it will to go the next resistance, simple as that.
In this case the huge gap between 0.0026 to 0.0048
*NOT FINANCIAL ADVICE
Binance Coin Goes Above EMA300, Strong Bullish PotentialBinance Coin (BNBBTC) is now trading above EMA300, this level has been working as resistance since February, take a look:
EMA200 and MA200 were also taken out yesterday, this is a strong bullish signal.
As long as BNBBTC remains above all these levels, we are strongly bullish, prices can continue straight up.
If prices break below the EMA300 grey line, we still stay bullish and expect higher prices as long as prices remain trading above 0.0018908.
Make sure to have your plan and strategy before you start to trade.
Thanks a lot for reading.
Namaste.
BNB/BTC, does 4-20 days downtrend is over? Looks like BNB team were smoking for too long. More than 420 days of the downtrend of the one of the most perspective and advertised coin.
By the book - should be an explosion. Chart confirms.
In the real world - will see. Thats a specific coin with a specific owner.
Think twice on the stop-loss.
