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BNBBTC

BNBBTC H&S possibe BeakoutWelcome to this analysis about BINANCE COIN BITCOIN (BNBBTC). as you can see the chart BNBBTC has formed a Head-and-shoulders pattern, and recently it has broken the neckline price in this manner we are facing 2 possibilities. I strongly recommend before reading this analysis you see the recent analysis about BNBUSDT at tradingview Successful break out of resistance As I can see through my chart 3 powerful bullish points are here 1-breakout above the H&S neckline 2-successful retest of the broken level 3-Uptrend RSI In that case if the trend be strong we are expecting to see higher prices and resistances, as you can see resistance levels after breakout are pointed in the chart. Pull back to demand zone And if the price action rejects the uptrend i will be lookin forward for BNBBTC formation of a new descending channel. if that happens i'll update the idea. In this manner, thank you for watching my analysis about BINANCE and the important element on the global perspective that must be considered, will be great when you support it with a like and follow or comment, great contentment for everybody supporting, all the best!
Long
by Kingtrades_us
Binance Coin (BNB) - July 10Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BNBUSDT 1W Chart) If the price holds above the 186.10-211.70 range, it is expected to continue the upward trend. In particular, if the price is maintained above the 296.0-348.70 range, it is expected to create a new wave. (1D chart) It remains to be seen if it can move above the 343.48 point to continue the uptrend. If it does, you should find support at 296.0 and see if it moves along the uptrend line. If it falls in the section 176.37-232.07, Stop Loss is required to preserve profit and loss. The support section is weak due to a sharp rise, so it remains to be seen whether the support section can be strengthened by going sideways in the section 232.07-343.48. ------------------------------------- (BNBBTC 1W chart) If the price holds above the 0.004813 point, it is expected that the uptrend will continue. In particular, if the price is maintained above the 0.004813-0.006783 range, it is expected to create a new wave. (1D chart) It remains to be seen if the price can hold above the 0.009134 point to create a new wave. If it goes down, you should check to see if it finds support in the 0.008235-0.009134 range. In particular, we expect further upside if the price does not fall below the downtrend line. If it falls from the 0.008235 point, you need Stop Loss to preserve your profit. However, the 0.004813-0.006783 section may support and rise, so you should be prepared for this. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** See support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. Explanation of abbreviations displayed in the chart R: A point or section of resistance that requires a response to preserve profits. S-L: Stop Loss point or section S: A point or section where you can buy to make a profit as a support point or section. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day. G1 : Closing price when closed G2: Opening price (Example) Gap (G1-G2)
by readCrypto
Binance is going to fall even more, where will the price stop?🚧Binance failed to close higher and corrected 10% after trying to make a new high. Bnb has now broken the local trend line and tested it as resistance. If the price tests the broken trendline again as resistance, it could be a good selling opportunity and the price will likely go lower. The closest area where there could be enough liquidity and Bnb will stop is the $270 level. Write in the comments all your questions and instrument 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
Short
by Yuriy_Bishko
4
BNB/BUSD hit First Target and now 20% up from our entry#BNB/BUSD TA Update:- #BNB currently trading at $329 And our 1st Target $315 has been achieved. And also very near of 2nd Target. Now..? Now $315 Resistance became good support so above this level is good for upward moments. My Still Target is $350 and $400 Support:- $315/$305 Resistance:- $344/$370/$400 Please click like button and Appreciate my hard work. Must follow me for latest crypto real time updates. Thank you.
BLong
by CryptoPatel
4
BNB/BUSD Ready for $400..? what is my Chart indicates..?#BNB/BUSD TA Update:- $BNB currently trading at $295 And Now Trading at Good Support level. If Bull is in pur Control then We can see BNB/BUSD Price soon $350 $290 is Good support level. So Keep an eye on this level if hold then Next Target will be $350 BNB First need to breakout $315 resistance. After this Breakout $315 resistance we can see $400 also. Support:- $290/$270 Resistance:- $315/$344/$370 Please click like button and Appreciate my hard work. Must follow me for latest crypto real time updates. Thank you.
BLong
by CryptoPatel
7
Binance Coin (BNB) - June 20Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BNBUSDT 1W Chart) If the price holds above the 348.70 point, we expect the uptrend to continue. Since a support period could not be formed due to a sharp rise, if it falls from the 186.10-210.21 range, there is a possibility of entering the mid- to long-term investment area. Accordingly, careful trading is required. Currently, it is a weak support zone, but if it finds support in the 210.21-296.0 zone and rises, it is expected to form a support zone to create a new wave. (1D chart) To continue the uptrend, we need to see if it can find support by moving at least above the 343.48 point. If it declines as it is, Stop Loss is required to preserve profit and loss. However, caution is advised as it may find support at the 296.0 point and move along the uptrend line. There is virtually no trade to do as the price is falling due to a sharp drop in trading volume. This decline in price due to a decrease in trading volume is because an increase in trading volume can lead to a rapid price increase at any time. Therefore, I think it is good to proceed with trading after seeing the increase in trading volume. ------------------------------------- (BNBBTC 1W Chart) If the price holds above the 0.004813 point, we expect the uptrend to continue. In particular, if the price holds above the 0.007520 point, the uptrend is expected to accelerate. (1D chart) We need to see support at the 0.009134 point and see if we can move along the uptrend line. If it goes down, you should check to see if it finds support in the 0.008235-0.009134 range. If it falls from the 0.008235 point, you need Stop Loss to preserve your profit. However, it can touch the 0.004813 point and rise, so you need to think about how to react. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** See support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. Explanation of abbreviations displayed in the chart R: A point or section of resistance that requires a response to preserve profits. S-L: Stop Loss point or section S: A point or section where you can buy to make a profit as a support point or section (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day. G1 : Closing price when closed G2: Opening price (Example) Gap (G1-G2)
by readCrypto
1
BinanceCoin (BNBBTC) Potential Rejection and Short!Hi guys, this is OG back with another Bitcoin update. If you find value in my work, please do like, share, and comment. And also feel free to share your ideas and technical analysis in the comments below. BNBBTC is testing the 200MAs on the 1H timeframe for the 1st time since price broke down from the 200MAs. Price typically bounces on the first retest of the 200MAs after an extended move. There is initial rejection right now, but I am waiting for price to close below 0.009340 with strong volume before opening up a short position. Check out my technical analysis videos for more in-depth analysis and trade setups for Bitcoin, Ethereum, and Altcoins. Why follow? 1. Community of Technical Analysts sharing analysis and trades 2. Live tracking of whale wallet movements 3. Live update of the latest important news 4. Live syncing of popular crypto tweets 5. Ebook covering how to be profitable in the cryptocurrency market As always, I’m not a financial advisor, all information presented is for educational purposes only and not meant as financial or investment advice, do your own research, and stay safe!
Short
by cryptotraderog