BNBBTC trade ideas
#BNB/BTC (May 26)BNB is trying to reach the 0.002 BTC zone. I think it will be failed at this zone because there are so many resistance kinds at here and noone wants to face it.
If you have no BNB, you can wait to buy it around 0.00175 BTC
Warning : There is a waiting dip at 0.0016 BTC that will be hit in future
BNB BOMBS WAITING TO EXPLODE..Happy Sunday legends!
Hope you've all had amazing weekends.
BNB still looking good here IMO and any minor moves to the downside will likely be short-lived with our EMA starting to converged and acting as good levels of support and our steamroller indicator is suggesting we could move down slightly before heading up again.
Looking at our Volume Profile and the gap up from here to the high volume nodes above, if we can close and hold around this position in the next couple of days, there's every chance BNB could be on it's way up towards that 19k sat mark.
I don't often trade BNBBTC, to be honest, but setups like this can't be ignored.
I would love to year YOUR thoughts on BNB and any healthy arguments against what we're seeing here at UTG.
Trade safe friends!
Binance Coin to make another bull run?Binance Coin (BNB) against Bitcoin (BTC) has been in consolidation for a while now, an ending diagonal may have formed if my Elliott Wave count is correct. To spot the end of the trend, look for a break above the diagonal trend line and retest and/or RSI trend line break.
DO NOT LONG RIGHT NOW
We still need to complete Wave 4 and Wave 5 of the ending diagonal's Wave C.
BNB/BTC - 4% to 7.5% Profit PotentialIf BNB/BTC hits our Resistance line, we can expect the price to then soon hit our Target 1 line. This will lock in a modest quick 4%. If the bullish trend continues, it may then continue to rise to our Target 2 line. Therefore, I would recommend the following trade procedure:
1. Buy BNB when the price hits our Resistance line
2. Sell 50% of your BNB when the price hits our Target 1 line
3. Set a stop loss at your purchase price for your remaining BNB, in case there is a bearish reversal
4. Sell the rest of your BNB at our Target 2 line
Binance Coin Strong Bullish DivergenceThe last time we looked at BNBBTC (Binance Coin), the brown channel on the chart broke down completely...
Now, a new low has been hit and prices are starting to move above EMA10.
The interesting signal here is the strong bullish divergence with the MACD, this can signal that this drop is coming to an end.
We expect a bounce here but remember to have a strategy if you decide to trade.
If you go LONG, remember to set a stop-loss in case the pair goes the other way.
Always build a plan before you trade... This will increase your positive results and keep you calm while you are active in this game.
Namaste.
BNB getting close to major support
I guess we all want to know when CZ will stop dumping his coin, buy enough and finally let it grow. Assuming that Binance suppose to be such a good exchange, maybe even one of the best exchanges in the world, the only reason for BNB to perform that bad is because owner want to accumulate it back (which is an old but proven fact - CZ dreams of buying back as much as possible). So what we have now. Support at 16500 is the strongest around, but since it was already tested, we may see wick down to 15500 zone. These zone may be considered as good ones for long entries.
P.S. Same zones mentioned above will be the last ones, where BNB can be easily reversed. Falling lower will push it much lower to 12800 - 11000. And turn it very dumpy coin.
🛒 Support 17000 - 16500 - 15700 - 15300
🎯 Resistance 18000 - 19000 - 19555 - 20850
LONG - BNB - Trading OpportunityLooking into a possible reversal for BINANCE:BNBBTC , perfect bounce from a support that has only been touched twice in more than a year, with a huge multiple bullish divergence on the 12h chart and even the daily. This is honestly looking like the possible bottom for BNB mid-term.
Entry: 0.001700
Target 1: 0.0019583
Target 2: 0.0020798
SL: 0.0016239
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BNBBTC EXPECTED REVERSAL CURRENTLY BNB/BTC PRICE STAY ON SUPPORT LEVEL. MANY TIME PRICE PRICE BOUNCE BACK FROM THIS SUPPORT LEVEL.
NEVER TRADE WITHOUT STOPLOSS
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Only enter Long in BNB above this Resistance.Hello Traders.
BNB/BTC is on bearish scenario after losing the two important support levels, now these levels are acting as Resistance right now, and we only wanna enter a long position in this asset above this Resistance, and we going to consider this last movement a Beartrap, and we need to broken this short term resistance, and a long position will be indicated, for now, we expect a bearish scenario until we go back above this line.
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Best regards, Sandro and Gustavo.
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BNB/BTC With a Massive Risk-Reward Ratio Opportunity!Hey all, here’s another entry on my tradingview series called 'Quick Updates'.
On BNB/BTC we see a great 10% trade opportunity with a fantastic risk-reward. The support zone around 0.00167 has held already for three times, showing its strength.
If the price drops again to this level, it will be a fantastic place for a buy limit order. The lower to the support zone you can get into the trade, the better your risk reward.
--- What is The Quick Update Series All About? ---
I have started a new tag (quickupdates) where I quickly share great opportunities based on TA for shorter timeframes, such as 4h, 1h, and 15m. It will contain a brief explanation with clear and clean charts in order to keep the velocity up and make sure you get to see the opportunities as fast as possible.
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Disclaimer!
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$BNB, Seems its moving below support level at ~.002sats$BNB
Seems its moving below support level at ~.002sats as it crosses Ichi cloud to the downside aswell...
RSI reaching oversold levels (bearish) & UCTS signalling sells across all TFs (Trendfinder)
If continuation happens, then next support should be around .0018sats (7%)
#BNB