dionisiusdh

dionisiusdh Updated 

BNB/USDT daily chart is currently forming a valid bullish pennant with the declining transaction volume as a confirmation. If it breaks out from the pennant, based on the flag, the target price is $480, with a shorter term target at 330-340 (which is its all-time high). Otherwise, if it doesn't have enough buying power to breakout, most likely it will go back to...

dionisiusdh

BNB/USDT is currently forming another major descending triangle on its daily chart . The current situation indicates a strong selling power with some candle being a bearish one like a gravestone doji (although it's not that "fresh" or perfect). Another reason behind this selling power might be because it is near weekend. There is a high odds that the price will...

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BNB/USDT finally breaks its major downtrend line and currently is going sideways with decreasing transaction volume. I would say in 15-18 hours we'll see where will the price go, whether it breaks out of the consolidating box (more likely) or breaks down from it. The closest target price for now is 280, and in a longer term, 300. On the other hand, if the...

dionisiusdh Updated 

Just a beginner's view. BNB/USDT is still unable to breakout from its major downtrend line in the hourly frame. In a few hours or so, we might be able to see where would the price go as a guide for next week movement. What do you think will happen? A or B?. A means that it will successfully break the trendline and would have a chance to go back to 235-240....

dionisiusdh

Just a beginner's view. BNB/USDT is currently forming a descending triangle pattern in the daily timeframe (most of the time this pattern is a bearish one). I would say in 1-2 days, we will be able to see where will the price go, whether it breaks out from the triangle to 340 or it breaks down and goes back to 140 (or worse 75-80 which is not likely will happen)....

dionisiusdh Updated 

Just a beginner's view. BNB/USDT is currently forming a valid Double Bottom pattern and trying to breakout from the pattern. If it breaks out and also successfully breaks the strong 270-275 resistance, it might reach the 290-295-300 price point. It only needs a spike of volume when it breakout from the double bottom. If it fails though, chances are it is going to...

dionisiusdh Updated 

Just a beginner's view. BNB/USDT is finally trying to recover from a correction after it reached its ATH a few days ago. The chart is indicating a breakout process from the major channel resistance line with a fair amount of volume. If the breakout is valid, there is a chance for a pullback to 250 area and if it rebounds from the pullback point, the target price...

dionisiusdh Updated 

Just a beginner's view. BNB/USDT is very close to 240 and currently at the bottom of the channel. The chart is a pretty interesting one especially for short-term trader. If the price drops to 240, and there is a sign of reversal, it might rebound to the 285 or more. Price target 285 / 300 / 340 , Stop loss on 230 . A pretty great risk : reward ratio of 1 : 4....

dionisiusdh

Just a beginner's view. BNB/USDT hourly chart is making a descending triangle pattern, which could be a sign of an uptrend continuation pattern. If the breakout happens the price target is 340 (closest) or even 370. If it fails though, it might go down to 200. Suggestions are welcomed. Thanks!

dionisiusdh Updated 

Just a beginner's view

dionisiusdh Updated 

Just a beginner's view

dionisiusdh Updated 

Just a beginner's view

dionisiusdh

Just a beginner's view. Another point of view from the daily chart. It is currently forming a symmetrical triangle pattern, which is valid as of now because so far it happens with a declining volume. If the breakout happens, it might reach 400 in a medium term, but if it fails, there is a chance for it to go back to 140. I would say in 6 days, less or more we get...

dionisiusdh Updated 

Just a beginner's view. BNB/USDT is currently in its critical area concurrently with a decreasing amount of transaction volume. If it breaks down from 275-270 price point, it might go to 240, but if it can breakout from the channel with volume confirmation (preferably a spike volume), 340 is getting close. Suggestions are welcomed. Thanks!

dionisiusdh

Just a beginner's view. BNB/USDT has successfully breaks out from its major bullish flag a few hours ago and is currently forming a minor bullish flag. If the breakout happens, the closest target is at 340. Otherwise if it breaks down from the channel, it could go back to 240. We are currently at a critical point in the bottom of the channel with a chance of...

dionisiusdh

Just a beginner's view. The breakout is happening with a fair amount of volume. Currently BNB/USDT is in its pullback phase. The price might drop to 275-270 before it continues to 300 and 340. On the other hand, if the price goes back into the parallel channel, this will indicate a false breakout. Suggestions are welcomed. Thanks!

dionisiusdh Updated 

Just a beginner's view. BNB/USDT is possibly trying to form a bullish flag. If the breakout happens, 340 is only a matter of time. Otherwise, if it fails and hit the top channel, it might goes to the middle channel line (240) or even the bottom (200). Suggestions are welcomed. Thanks!

dionisiusdh Updated 

Just a beginner's view