BNB has broken out, strong overperformance likely- update on this analysis
- good things come to those who wait
BNBBTC trade ideas
BNB Could Double In BTC Value (Conservative)BINANCE:BNBBTC
Thought I'd have a look at the logarithmic trend for BNB/BTC and realized that BNB is ready for a major move against BTC!
BNBBTCBNBBTC in weekly time frame looks very bullish after the break out, about 60% uptrend is in progress
BNB - BTC vs USDTBNB/USDT is down ~60%, while BNBBTC is closing on it's ATH
This is an opportunity to take profit via BNBBTC pair if accumulating more BTC is your strategy
BNBBTCIn such a expanding diagonal maybe it has been better in order to locate motive waves which are incomplete.
BNBBTC ShortTime Frame: 4H
Symbol: BNBBTC
Entry: 0.011685
TP: 0.011350
SL: 0.011930
Bias: Short
The current price pattern of this instrument is displaying a bearish sentiment and therefore we are following the beaten track.
BNBBTC NeutralTime Frame: 4H
Symbol: BNBBTC
Bias: Neutral
We do not have any strict directional bias for this instrument. We assume a neutral position for this price pattern.
BNBBTC LongTime Frame: 4H
Symbol: BNBBTC
Entry: 0.011695
TP: 0.012031
SL: 0.011476
Bias: Long
We are bullish for this instrument. We believe there is a potential upward drive impending for this instrument. Considering the current scope of price action, we can expect a long opportunity.
BNBBTC NeutralTime Frame: 4H
Symbol: BNBBTC
Bias: Neutral
We do not have a directional bias for this pair today. We are to watch over the price action before assuming any signal or direction.
BNBBTC LongTime Frame: 4H
Symbol: BNBBTC
Entry: 0.011370
TP: 0.011719
SL: 0.011100
Bias: Long
We are bullish for this instrument. We think there is a turn around from the current price level. The upcoming momentum drive will lead the pair upward and create some long opportunities.
BNBBTC ShortTime Frame: 4H
Symbol: BNBBTC
Entry: 0.011310
TP: 0.010970
SL: 0.011589
Bias: Short
As opposed to some of the major crypto pairs, this instrument always move in opposite direction. If that is the case , the pair will drop further creating a beautiful short opportunity.
BNBBTC LongTime Frame: 4H
Symbol: BNBBTC
Entry: 0.011876
TP: 0.012218
SL: 0.011600
Bias: Long
For this instrument our bias is long and we are planning a bullish opportunity from the current trade setup.
BNB/BTCHi investors and traders,
BNB/BTC setup looking good for an ATH.
To support this idea check my previous BTC/USD which is shows the bottom was in. At least for short term.
Oscillators looking good.
Forming a bullish pattern with good probability to break out.
Price action above 21 EMA on 2 weeks which is so powerful.
Correlated with BTC dominance price, DXY chart, BTC chart and ETH/BTC will follow, it seems that the markets want a bounce (maybe a bear market rally) until the end of year.
BNBBTC LongTime Frame: 4H
Symbol: BNBBTC
Entry: 0.011803
TP: 0.012153
SL: 0.011544
Bias: Long
We are long for this pair. The overall price action pattern is showing a long bias . The trend will continue following the beaten track and we are optimistic for a long opportunity.
BNBBTC LongTime Frame: 4H
Symbol: BNBBTC
Entry: 0.011424
TP: 0.011937
SL: 0.011123
Bias: Long
We are bullish for this pair. Considering the current market pattern, the bullish side overweighs the other side.
BNBBTC NeutralTime Frame: 4H
Symbol: BNBBTC
Bias: Neutral
We are neutral for this instrument. Last few weeks the pair is trending up but currently it is making some correction moves, so it is better to wait .
BNBBTC LongTime Frame: 4H
Symbol: BNBBTC
Entry: 0.011353
TP: 0.011917
SL: 0.010889
Bias: Long
We are bullish for the pair. Following the beaten track ,it will create some more buying opportunities for going long.
#BNBBTC #crypto breakout#BNBBTC Breakout 🚀 in 1h Chart
All Entry Criteria have been met:
1. Price above 10, 20 & 50 EMA ✅
2. Positive Supertrend in 4H Chart ✅
2. Consolidation Phase in Uptrend > 8 days ✅
3. Breakout on above average Volume ✅
BNBBTC LongTime Frame: 4H
Symbol: BNBBTC
Entry: 0.011166
TP: 0.011580
SL: 0.010763
Bias: Long
This pair is showing a bullish potential. The overall trend is bullish and we can expect a nice bullish turn from the current position.
BNBBTC LongTime Frame: 4H
Symbol: BNBBTC
Entry: 0.011631
TP: 0.012062
SL: 0.011263
Bias: Long
For this instrument we see an established long trend and therefore our bias is for the bullish opportunity.
BNBBTC LongTime Frame: 4H
Symbol: BNBBTC
Entry: 0.011834
TP: 0.012328
SL: 0.011458
Bias: Long
We are bullish for this instrument . Considering the consistency of this beautiful long trend we can expect a few more long opportunities from the current price pattern.
BNBBTC LongTime Frame: 4H
Symbol: BNBBTC
Entry:0.011534
TP: 0.012029
SL: 0.011194
Bias: Long
The pair is showing a promise for going up . It is evident that the pair is moving upward and it will continue to do so. So we can avail a long opportunity.
