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BNBBTC

OMG, there is a bearish wedge on the BNB chart. An upward wedge has formed on the BNB chart. Which statistically breaks downwards. It is also worth noting that the bulls' attempt to break the upper boundary of the wedge failed and there was a false breakdown. According to the rules, the target of the figure = the height of the figure, in this case, it is 10%. In the case of a breakdown of the lower boundary of the wedge, there might be a good opportunity to sell. In the case of a false breakout of the 489$ level, there may be a good buying opportunity. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
by Yuriy_Bishko
10
BNB/USD - From strength to strength! BULLISH! BNB barely noticed the crash on Saturday and recovered most of it already... similarly to Ethereum, BNB has displayed tremendous strength during this time. What does that mean? BULLISH. Always look at how coins cope during a crash, those that hold the best are the horses to bet on. BNB and ETH are both posed to make significant gains and capitalize on BTC weakness. No surprise that ETH and BNB are the 2nd and 3rd largest coins by market cap after BTC... If BNB can cross above $600, I expect a rally. Until then, best to be patient. Indicators are trying to recover, but the volume today is already looking great! If we close in a bullish engulfing candle, BNB bulls are in control. Like and follow if you liked my idea!
Long
by DU09
Elliott Wave Analysis: BNBBTC Is Looking For Wave (C)Hello Crypto traders! Today we will talk about BNBBTC pair, in which we see very nice and clean EW pattern. If we take a look on BNBBTC daily chart, we can clearly see it unfolding a bigger, higher degree (A)-(B)-(C) correction. Currently we can see it trading in final stages of an A-B-C pullback within wave (B) that can be followed by another sell-off within wave (C), similar as in May 2021. So, if we are on the right path, then Binance coin may see limited gains and could turn down anytime soon, which can send the BNBBTC price down to 0.0065 - 0.0040 support zone before bulls show up again. Be humble and trade smart! If you like what we do, then please like and share our idea. Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
Short
by ew-forecast
2
BNB - is going to skyrocketA trend line has formed on the BNB chart. In the first attempt to break the trend line, the bulls got trapped and a false breakout occurred. The price has now moved to the trend line again and is trying to break it, which could be a good buying opportunity. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
Long
by Yuriy_Bishko
6