BNBUSD trade ideas
BINANCE Support Breakdown Retest Entry.If anyone wants me to explain this chart analysis to them, then please comment and let me know.
P.S: I'm getting into the habit of posting multiple Ideas per day and that's why i'm not willing to put much time and effort into describing my analysis. However, I'll be more than glad to explain the ideas later on to anyone, who's got subjective and non-linear questions.
With that being said...
Happy Trading !!!
Bitcoin 02.02.2022 - Forecast [Update]Just an update about the final move up before BTC starts descending most likely till $800 but it might reverse sooner and I plan to see it before happening
Binance Coin Monthly pivot-point -2202Support and resistance are refer to price levels on charts that prevent the price of an asset from getting pushed in a certain direction.
BINANCE COIN EASY + PROFITABLE SETUP.So, what you all actually see is a Descending Triangle Pattern formed in Binance Coin.
A descending triangle is a part of the 3 famous triangle patterns, namely:- Ascending, Descending, Symmetrical.
All these patterns are some way or another part of Price Action Trading. In this case the upper trend line indicates lower highs and the bottom line indicates equal lows(~).
And eventually, price breaks the pattern and a Bearish Breakdown occurs.(Keeping in mind that the break may vary in the other two patterns).
After the price took a little support, it went back up and retested the previous support which is generally when most of the traders prefer to enter and make a position, as it's the safest entry possible in the given circumstances.
With that being said...
Happy Trading !!!
BNB 382 LONG
BNBUSDT is aligning for a bullish opportunity at 382 towards 403
-Price respecting FIB levels 382-618
-Targetting the FIB extension levels
.13 @403.5
.272 @412
-Trade idea invalidated on the structure break of the 4th Wave
My style of trading focuses on flowing with the trend, and patiently waiting for the story price reveals. Fibonacci, Harmonic Patterns , Wave Sequences, Price Action, and a mixture of Multi-Time Frame Confluence. Most importantly the visual realization of emotions cycled into the chart.
As always THANK YOU and if you found this video helpful, please let me know by giving a like and/or leaving a comment below.
Also, feel free to share your opinion on this setup or any other. The more ideas we can generate together, the more information we can spread to the trading community, LOVE & PEACE!
~T$
Do you understand what I've just published? I'm a beginner, and I believe that the levels of resistance and support have been illustrated okay-ish?
May I please receive any advice? Anything you could think of.
Many thanks in advance for your time and answer(if the case).
BNB - Potential Bullish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow.
BNB is approaching a strong support in green so we will be looking for buy setups.
on H4: 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 inside the green.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
BNB Analysis (28/01/2022)CASE 1 : If we break the Support 1, we reach at Support 2 i.e. $360
CASE 2 : If we break the Resistance 1 i.e. $398, we reach at Resistance 2 or even Resistance 3
Let's see how it plays out.
BNBUSD Descending Triangle Pattern.!#BNBUSD Looking for Sell trade setup as I mentioned in the Chart.!
Keep Supporting LIKE, COMMENT And FOLLOW.!
ThankYou.!
Double Bottom Breakout in BINANCE.Although this analysis isn't really a prediction, because this already happened.
But I'm still making this for just my own trading record.
There isn't much to say about this one, but i'm sure that this is the ideal setup that every trader desires.
Happy Trading !!!
Is BNB in a range ? Prices are stuck between two main areas :
The support, the Monthly Kijun, is a strong one, located at $350 .
The resistance, the Weekly kijun, is also strong and located at $442 .
We could have a range if the market and prices are calming down until the end of the month.
On a shorter term vision, Daily Lagging Span confirm the uncertainty and must stay above Weekly Cloud to confirm a possible bounce.
Let's see how it goes !
BNB LONG set upBased on the Daily pullback FIB, looking for a TP at my zones here.
Further 13-14% TP if any sign of re-continuation patterns occur. This would also take out the highs, finish the retrace and possibly continue lower.
Will see to do and check-in on Oil and Gold markets as these 2 assists are correlated.
BNB LONGTaking full profit in the green box from my short, then planning to go long it PA prints it.
looking for a possible 'W' reversal pattern or something as such as reversal to continue higher. Will be watching this green zone closely and dropping down to possible 5m time frame for an entry as volatility is showing in Crypto atm.
will post Long targets below.
thank you and safe trading
BNB, I'm going LongIt looks like its hit support lows, assuming btc doesn't drop another 50% BNB should be ripe for picking!
BNBUSD UP Trend.!#BNBUSD Looking for Buy trade setup as I mentioned in the Chart.!
Keep Supporting LIKE, COMMENT And FOLLOW.!
ThankYou.!
BNB break out decision pointPrice action currently testing the decending channel and previous range support.
Measured move the decending channel breakout is well beyond the previous range high.
This idea is in the context of my longer term idea below.
GOOD POSITION FOR LONG BNB !Halo , this my spekulasi about BNB ,
THIS 3x time bounce on demand zone, i think this good position buy BNB ,
i think this last chance for BNB can hit under $300 and create new demand zone after bearish time now ..
A falling wedge with EMAsA falling wedge is usually a bullish pattern . However the higher timeframe, the weekly, signals a bearish MACD cross and the daily has a potential daily MACD cross. Both RSI and S. RSI pointing down.
A possible V-Recovery is more likely than a typical Breakout with Retest out of the Falling Wedge .
If more EMAs death cross then BNB is to be seen as in a bearish trend .
BNBUSD (4H) Bullish reversalHi Traders
BNBUSD (4H Timeframe)
Waiting for the upward break of 390 resistance level, which will complete a bullish trend reversal pattern to go LONG. Only the downward break of 337 would cancel the bullish scenario.
Trade details
Entry: 390
Stop loss: 337
Take profit 1: 421
Take profit 2: 474
Score: 4
Strategy: Bullish reversal
BINANCE can Break that 375$ Resistance Zone.After the Russian Dip, Binance coin took support at 335$ and price started rising quickly and in just a couple days it made a new Daily High at 375$, which is apparently acting as a psychological Resistance Area.
The zone has already been tested multiple times but whenever price tries to break it, new sellers enter and price fails to make new highs, that's why we see long upper wicks which indicates selling pressure.
I believe that Binance will eventually break that Resistance and after that we might see new weekly and monthly highs.
Happy Trading!!!
