BNB with WTZ2 and WTZ4 in multi-TF.BNBUSD has been forming on WTZ2 in downtrend (TF Day). We can measure the target price with Fibo P.200% together with tunnel line in larger timeframe. It's possible to continue the downtrend to this target. So, I decide to open short again for BNB and also other crypto coins with this setup due to high expected rewards with limited risks.
BNBBULLUSD trade ideas
BNBUSD Down Trend.!#BNBUSD Hello trader, I hope are good and safe. Today I opened the chart of #BNBUSD for 15 MIN. and analyzed it then I see that this chart has made a DOWN TREND, So I hope #BNBUSD will go downside,
Now Nice opportunity for short.
If you have any query then leave a COMMENT, LIKE and FOLLOW.
Keep Supporting And Thank You..
BNB. AI Intra day Trade example.Here we have a nice set up where a pattern matches the AI.
At 8am we have a potential daily low which ties in with a Gartley pattern.
The pattern has already completed so the move might've already started.
The target for this move is the ABCD pattern of 481.
The AI gives us potential turn points for the day and for today it looks to be a trend day to the upside.
BNBUSD The conditions it needs to rallyIt has been more than a while, in fact March 11 2021, since I last analyzed the Binance Coin:
Ever since it hit the Target Zone, it fell into a Correction and new Accumulation Phase like the rest of the market. A similar Accumulation Phase that we last saw within September - December 2020. BNB was under the pressure of Lower Highs, but still within a Channel Up. This trend-line broke, once the CCI on the 1D time-frame started forming Higher Lows. That was when the price put all the dynamics in motion to initiate the January - February rally.
Almost a year later, the price has started again to meet those very same conditions one by one. Once the CCI makes its first Higher Low, it will be our confirmation to buy BNBUSD for a new February rally.
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BNB - ULTRA BULLISHGreat Money Monday, Traders!
Hope you find value from this post.
If you did, pls like and consider following.
Here's a trading idea.
But firstly...
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Quick Disclaimer:
Trade at your own risk. This post/chart is for your reference only, it is not intended as a recommendation, nor is it an advice to sell nor buy this crypto asset, nor to place any trade.
Trading poses a risk of losing some or all of your money and it will be your responsibility if you lose money.
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BNB has been in a continuous uptrend and even when it went on a correction since May 2021, it has been in an ascending trend creating higher lows multiple weeks consecutively riding up the Green Support Trend Line creating an ascending triangle against the Blue Resistance Bar above.
Since last week BNB found resistance from its 21MA and is still under the Red Resistance Trend Line, but...
Once BNB breaks out from the Red Resistance Trend Line and goes above its 21MA it will be begin its epic multi month Bull Run towards 1175 and further up towards 1340.
Stoch RSI: Oversold Region, now very close to crossing Bullish
BNB breaking the Green Support Trend Line could nullify this view.
Always remember to place your Stop Loss.
Price action is KING!
More power to all your trades, my friends!
Ron
Intrepid_Trader
$BNB support/resistance zoneBINANCE:BNBPERP has knocked on this zone twice in recent history.
Using no indicators and just very rudimental historic data would suggest it to be rejected at least one time before coming in for the crucial test of resistance.
Up or down after that is a different matter, I'm just suggesting to keep an eye on this zone.
BNBUSD Ascending Channel Pattern#BNBUSD Hello trader, I hope are good and safe. Today I opened the chart of #BNBUSD for 15 Min and analyzed it then I see that this chart has made a ASCENDING CHANNEL PATTERN, So I hope #BNBUSD will go up,
Now Nice opportunity for long.
If you have any query then leave a COMMENT, LIKE and FOLLOW.
Keep Supporting And Thank You..
Cryptos under pressure showing good some short setupsLooking at the lower timeframe 30min charts, a lot of short setups are lining up into my favoured cryptocurrencies. Momentum is rolling over and price is set to squeeze out some recent buyers to move lower. Watch the video for my reasoning behind the short setups and how I am looking to attack the price action.
Thanks for watching and please take some time to check out the website in my profile.
BNB Binance Coin: 1D Chart ReviewHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Binance Coin (BNBUSD).
The chart is self-explanatory. The price is in a Descending Broadening Wedge pattern and is at the multi-month Support and Resistance trend line and looking to break back above it. The price is also above the 200 MA (simple moving average) and inside the green Ichimoku Cloud. The Volume is still low. The RSI is making another attempt to break the resistance line. If it moves up, expect resistance towards the 0.618 Fibonacci Retracement level. If it breaks down, expect support at the dash line noted in the chart where price got supported multiple times.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
BNB - My Trading Plan in a picture!Hello everyone, if you like the idea, do not forget to support with a like and follow.
on DAILY: right
BNB is overall bullish trading inside the blue channel and is now approaching the lower trendline and 400.0 support, so we will be looking for trend-following buy setups.
on H4: left
BNB is forming a channel in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, BNB would be overall bearish can still trade lower.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich