BNBBTC trade ideas
BNBBTC ShortTime Frame: 4H
Symbol: BNBBTC
Entry: 0.009393
TP: 0.008392
SL: 0.010452
Bias: Short
The pair is trending short but the momentum and the oscillations in the last week is not very adventitious. The price action is creating a downward trajectory which gives us optimism to think about a short opportunity.
Binance Coin Peaked vs Bitcoin?On the chart above I highlighted multiple bearish candles...
The last one is very telling with increasing volume to break below EMA10, EMA50 and EMA21.
This can lead to lower prices...
Binance removed RSRBTC without notice.
Even removed it from the delisting page... Money gone, no excuses, no explanation, no warning, no reason, no time to prepare...
The same with other pairs.
I withdrew all of my Bitcoins from this exchange.
Very bad for business I guess.
Namaste.
BNB trend reversal?!BNB in a reverse uptrend channel has been overbought and broke up the uptrend channel so as a result i believe the trend is going to reverse in this case as it happened in KNC case (you can find it in related Ideas) if we won’t be able to have a higher high.
Lets see if its going to play out…
Always a student