BNBBTC BNBUSD - BreakoutLooks like we escaped out of this pressuring resistance line. In Dollar I believe BNB can reach 60$ (to the top of the channel).
Vs. BTC we could see a rise of 50% to 0.003 BTC and then reevaluate from there.
BNBBTC trade ideas
$BNB, Trying to breakout & crossing over resistance level...$BNB
Trying to breakout & crossing over resistance level...
Looking interesting for a try towards ~217k sats
#BNB
BNB/BTC (Bullish Weekly Signal?)BNB/BTC
-This coin has been in a downtrend since 2019
-A series of Lower Highs and Lower Lows
-But this time around, we can see a Bullish weekly RSI
-There is a clear downward channel which is Bullish also
-Currently, the price is testing the upper trendline
-Holding above the 20MA which is a good sign
-To confirm this reversal pattern, a breakout needs to happen
-Entering the breakout/retest is the safest option
-The upside potential is up to 0.00262 range
-Stoploss can be set under 20MA
Crypto Untapped Educational Series EP. 1: TrendsIn today's video, we analyze Binance Coin traded against Bitcoin as an example for what trends are & how to identify trends based off lows and highs! Enjoy :)
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BNBBTC 2020-JUL-23BNBBTC is at the top of a falling channel, which has been the case for 1.5 years. Price is now hitting the top of the channel; and RSI looks weaker than the last rally to this point. Volume is also weaker than it was the last 2 rallies; so I wouldn't expect a better result to come from here.
Hopefully those sweet sweet transaction fee savings make it worth the 50% year-on-year value depreciation that you get for your efforts.
#crypto
BNB/BTC LONG POSITION (REQUESTED)we can see #bnb moving inside a triangular formation after successful breakout from the bigger triangle confirming an upside trend back to its 0.0026 initial high. ATM we can find the price of #bnb sitting at 0.0019 zone, this stage can also be interpreted as the accumulating stage(buy zone). at this point the buyers are fighting hard to push the price back to 0.002 which would result to a breakout above the bullish pennant and then we would see a massive pump from #bnb back to the previous high.
feel free to add yours or clear me of any error and don't forget to hit the like button if you agree with my analysis.
BNB Breakout is expected in coming weeksBNB is in tight zone. We may expect a breakout in coming weeks.
Reasons:
1. Two Greens candle can be seen at end of triangular wedge, making higher high which is an indication for bullish movement.
2. Candles respecting the wedge upper line which is resistance. It may going to test the support and after that it is going to breakout of the wedge in a strong upward movement.
3. Engulfing Green Candle at the end of the wedge has also broken the White Trend line resistance which was tested 2 times before. Now Retrace is a normal process. It is going to test the support at 16626 and if it is rejected then a strong breakout is ON.
Be ready for every kind of situation.
I have tried to analyze it for you so that you can make your decisions accordingly.
Thanks.
BNBBTC Dynamic Resistance|Double Bottom|200MA|.618 Fibonacci Evening Traders,
Today’s Analysis – BNBBTC- establishing a double bottom and respecting its 21 MA, daily resistance will be the immediate target when price breaks range.
Points to consider,
- Dynamic resistance breached
- Strong support confluence (Retest area)
- 200 MA current resistance
- Oscillators above 50
- Volume below average
- .618 Fibonacci long entry
BNBBTC has breached its dynamic resistance with a valid retest. This retest had multiple technical confluences, proving to be a strong support with a bull impulse move.
Current local resistance is the 200 MA, BNBBTC needs to establish this as support for further upside momentum.
Oscillators both are above 50, signalling bullish bias in the immediate market, this is likely to remain as long as price is in the upper range.
Volume is below average, BNBBTC needs increasing bull volume when breaking key levels, this helps avoid false breaks.
Overall, in my opinion, a retest and hold of the .618 Fibonacci will allow for a valid long with defined risk. Price leaving the range will make the immediate target daily resistance, this will change the overall market structure.
What are your thoughts?
Please leave a like and comment,
And remember,
“The obvious rarely happens, the unexpected constantly occurs.” – Jesse Livermore
BNB Perfect set up!With a weekly close complete this looks set to run! BNBBTC
Strong fundamentals on binance make this a safe play - Binance Launchpad rumours, BNB burned.
TA close above trend after a 61.8 FIB retracement from last run off double bottom.
Above 200 day MA
Expect an 18% run to resistance level. Risk reward 2.33/1
BNB ready to....Launch(pad)! ;) BNB reallllly going to be watching this one, tempted to make an entry now as we've closed above the 200ma. Looking good IMO.
CZ making the call that he an the team are looking at the next coin for the Binance launchpad and we know how crazy those things go.. BUT people who want to participate must hold BNB tokens, so it won't be unusual to see a buy up on BNB.
Even still, I don't think BNB has seen the mega pump it deserves, as we traditionally see when Alts are running.
So let's keep a close eye on this one as I feel we'll now start approaching that top level 20133
BNB LONG$BNB has been in a downtrend since February and recently broke it.
We are now retesting the downtrend line, this is a nice area for an entry.
If we can get a nice bounce off of the downtrend line, we can expect a nice uptrend similar to RLC.
If we continue to the downside and below .0018000 , the breakout will be invalidated.
Targets are .00230750 and .00262000.
BNB/BTC - Correction en cours pour se placerBreakout de l'oblique validé puis throwback en cours
Achat recommandé entre le fibo de retracement 50-61.8%, dans la zone des 18 - 18.50 largement travaillé dans le passé
Le volume montre plutot l'interet acheteur (en hausse lors de la hausse et en baisse sur la phase de correction actuelle.
BNB/BTC LongI have entered this trade on BNB/BTC Long. Retest of previous support following a breakout. TP and SL targets are shown on the chart.
BNBBTC seems bullish 🦐BNBBTC seems bullish after retest the neckline of Adam And Eve on 1d timeframe
According to Plancton's strategy, we can set a nice order
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Follow the Shrimp 🦐
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.
Binance Coin (BNB) "W" Pattern | Bullish ChartLet's start by noticing the "W" Pattern we recently described with ZENBTC (see below):
We also have a double bottom and prices already starting to increase.
We have very strong/bullish indicators, I am referring to the RSI and MACD.
A break above MA200/EMA200 (black/brown lines) is also visible as we close this week.
Binance Coin vs Bitcoin (BNBBTC) is looking really good... We will see more, we wait patiently until our next target hits.
Here we mapped an easy 32% of potential profits.
This is a solid project.
Hit LIKE and FOLLOW to see more from me.
Namaste.
BNBBTC can give us 30% PROFITHi everyone,
BNBBTC is on a nice trend too.
Just above our Moving averages setup.
I'm looking into those levels as targets and stop.
nice R:R
