BNBBTC trade ideas
Good entry position for a LONG position on BNB/BTC (LONG)Reasons for a long at this position:
- Hasn't gone up as usual looking at the previous oversold RSI moments
- Favorable wave trend
- Currently at a support level that has held multiple times
- Has broken the resistance triangle it was
- Bullish divergence
Let me know if you've got feedback! Always eager to learn!
Thank you.
BNB BTC longBNB is reaching lows as I type this in terms of BTC value while BTC price remains stable at 9600 USD after the big rally from march. Some relief for BTC would bring BNB to TP1 and TP2. + Binance has 3 years anniversary event this month + coin burn in July could trigger this run.
Can BNB outperform other altcoins growing against Bitcoin ?Binance Coin (BNB) has lost 0.35% over the last day against Bitcoin (BTC), however, it still has growth potential.
Binance Coin (BNB) has rested the support at 0.0017, followed by a bounce off. However, this rise is unlikely to continue as there was no volume support. In this regard, the sideways trading is more likely as neither bulls nor bears are controlling the situation at the moment.
$bnb low TFtaking a look.
ltc is similar, ill publish as well.
small TF longs setup currently /btc imo
Bearish formation on BNBBTCBINANCE:BNBBTC
Bearish head and shoulder formation on BNBBTC with retest of broken neck line twice at 0.001754, the pair is now targeting the buying zone between 0.0017 and 0.00167 and final target on H&S at around 0.001635. Stop at 0.001785.
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Do your own analysis before following my ideas
Happy Trading!
BNB / BTC SHORT TERM BULLISH SCENARIOJust an idea for BTC/BNB with a nice 1-2 impulse wave or a-b corrective wave
Wedges for BNBLet’s see both Rising and Falling Wedge at the same chart for BNB
Rising wedge worked. Falling Wedge?
#BNB/BTC Ready for a decent Run? #BNB/BTC looks ready for another Run.
Why do I think so?
This is one of the coins which haven't pumped yet.
Certainly follows a channel in every trend and touches the upper resistance line of the giant falling wedge.
With many exciting news coming in binance I am bullish on BNB.
BEST ACCUMULATION RANGE: .00174 TI .001812
Targets are given in the chart please observe.
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BNBBTC Buy SignalPattern: Channel Up on 1D.
Signal: Bullish as the price is close to forming a MA20/50 Bullish Cross after a rebound on the Channel's inner (dashed) Lower Low trend-line.
Target: 0.002200 (the inner Lower High trend-line) and 0.002400 (the outer Lower High trend-line).
Binance Trading planHello Traders,
Binance coin broke out an important support level. After a little pullback definitly it is in downtrend on the weekly chart. We recommendo to seel it when close to the red line with target at the key levels.
Note that the indecated key levels are excellents regions to open long position.
Plase push like buttom and follow us on tradingview.
Best regard, Sandro and Gustavo
BNBBTCIn terms of long-term structure, BNB is in an ABC (green) pattern.
I expect Wave B to appear as "Running Flat".
In small waves, I also predict a triangle, which is now in wave C.
after the C wave completed, i expect a new bullish trend will be started and conutinue until jan-2021.
BInance coin VS Bitcoin ;-)Beinance Exchange Popular Coin vs. Bitcoin
One of the few currencies that has had almost constant daily trading volume is BNB.
In the daily time frame, the base line price has risen sharply and well.
We have the intersection of the convension and base lines under the Komo cloud and upwards.
In the last 6 days, we have seen a good increase in the average daily trading volume.
The price has shown a positive reaction to the moving average of the Bollinger Band indicator.
The following goals and targets for this coin are conceivable.
BNB going downIt was a nice run while it lasted, time to collect profits before someone else collects them for you.
