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BNBBTC

BE VERY CAREFUL FOR DOWNTREND!Bnb seems to not affected by much needed retrace in crpyto markets which is not a good sign! One should be very careful with bnb trading if they are long bnb! Bnb is very close to the ATH area and highly overbought right now. Volume is decreasing a lot lately and BTCUSD pair is trending downward hard. Therefore one should not buy from this area and should start taking profits! I expect BNB price to retrace 0.008 areas for healthier uptrend. Right now price action is too hot and volatile. This mean money running from BTC and coming to BNB but if BTC keep losing its value people can panic sell that can lead to huge loss in altcoins! Be very careful and let the price consolidate or even retrace a bit.
Short
by thegreatwall38
BNB, Binance Coin - what to do❓ New updateBNB is one of the strongest among all the coins. Price built a clear trendline. And now we have a chance for squeezing and slowly going to key level. If it happens, it will be a good pattern to break the trend. I expect this scenario. As always, entry point ONLY after breakout and only with stop-loss. 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
17
BNB Sell the trend.BNBUSDT - Intraday - We look to Sell at 539.8 (stop at 562.2) We are trading at overbought extremes. Trading within a Bearish Channel formation. The trend of lower highs is located at 540. 20 4hour EMA is at 540. Trend line support is located at 510. Trading close to the psychological 500 level. A break of 500 is needed to confirm follow through negative momentum. Our profit targets will be 478.1 and 457.1 Resistance: 540.0 / 550.0 / 580.0 Support: 500.0 / 480.0 / 460.0
Short
by Signal_Centre1
BNB/USDT - Fasten your seatbelts. You read that right. Fasten your seatbelts! Unless the bull cycle is over and we're doomed to get wrecked this week BNB/USD is primed for the ultimate fire works. In this chart I present to you what's called an anchor green dot brought to you by Market Cypher. These appear very seldom. These are very few and far in between but when they do appear, as mentioned in my recent post, they produce fireworks. The last time we saw one of these on the 6hr time frame was back on December 9, 2020 and subsequently BNB went up over 1,200%. Yes that is loco! **Not financial advice.**
Long
by GhostCrypto
3
BNB INDECISION!Bnb had a huge price action for maybe over a year and in the last couple of months. Bnb price doesnt affected by the market sell off and still consolidating for the last couple days with lower volume. To be honest i really think bnb should go lower before another price spike because it went parabolic and need to chill a bit. I m not buying from this area but i will definitly not short it! Im waiting price action to get out from triangle and then make a decision. Be patience before making any trade decision.
by thegreatwall38