Binancecoin
BNB LONG !!! Simple trade setup in BNB/USDT ( Binance coin )
- Based purely on price action and fib levels.
- Always use stop-loss.
- Shifting stop loss is advised for active traders.
- Beginners don't use leverage to trade Crypto as it is so volatile.
- Trade according to the levels
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BNB Revives Towards New ATH as Bears Back Down-BNB has risen 150% past its low set yesterday
-Price has cleared major resistance and needs to hold for ATH
-MACD coils in bullish territory
BNB experienced a minor correction the last 30 hours of -15% but has revived nearly all the way. Binance Smart Chain (BSC) is continuing to grow and host new projects. This attention has also benefited BNB, which is up over 4000% the last year.
The price action of Binance coin the last month has formed a rising wedge formation. This formation is technically bearish but can also sometimes break upwards. There is almost 2 weeks until the end of the pattern. If BNB holds the major resistance zone, it will be likely for a run to first target of $710, which also meets the top trend of the wedge.
Throughout the last 2 weeks, the 100 MA has held support of the price. This area is near the bottom trend of the rising wedge. If BNB fails to hold these marks it will be in for a drop to minor support of $599. This would be considered a bearish break of the wedge and would likely end in a longer correction.
While looking at the RSI, we can see an evident trend line that has been acting as resistance the past week. If the strength can break over, it will allow price to reach new ATH. The MACD is also showing bulling as its consolidated and bottomed out above the 0 value. A flow of bullish histogram ticks also seem to be starting.
BNB intraday levels
Spot rate: $676
Trend: Bullish
Volatility: High
Support: $656
Resistance: $677
💡Don't miss the great buy opportunity in BNBUSD @binanceTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (505.89).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BNBUSD is in an uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
Take Profits:
TP1= @ 557.48
TP2= @ 585.32
TP3= @ 613.19
TP4= @ 671.41
TP5= @ 717.24
TP6= @ 763.13
SL= Break below S2
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💡Don't miss the great buy opportunity in BNBUSD
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (523.12).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BNBUSD is in an uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
Take Profits:
TP1= @ 585.32
TP2= @ 613.19
TP3= @ 671.41
TP4= @ 717.24
TP5= @ 763.13
SL= Break below S2
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💡Don't miss the great buy opportunity in BNBUSDTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (280.6150).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BNBUSD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 73.
Take Profits:
TP1= @ 309.6210
TP2= @ 348.7170
TP3= @ 381.4600
TP4= @ 418.9090
TP5= @ 471.4040
SL= Break below S2
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💡Don't miss the great buy opportunity in BNBUSD". There is a possibility of temporary retracement to suggested support line (270.4220).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BNBUSD is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 66.
Take Profits:
TP1= @ 288.3700
TP2= @ 297.0920
TP3= @ 306.0320
TP4= @ 316.4420
TP5= @ 348.2820
SL= Break below S2
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💡Don't miss the great buy opportunity in BNBUSDTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (270.4220).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BNBUSD is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 66.
Take Profits:
TP1= @ 288.3700
TP2= @ 297.0920
TP3= @ 306.0320
TP4= @ 316.4420
TP5= @ 348.2820
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
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ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in BNBUSD @binance". There is a possibility of temporary retracement to suggested support line (222.50).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BNBUSD is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 60.
Take Profits:
TP1= @ 256.99
TP2= @ 280.70
TP3= @ 309.75
TP4= @ 348.60
TP5= @ 408.35
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
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💡Don't miss the great buy opportunity in BNBBUSD
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (137.0800).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BinanceCoin is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 79.
Take Profits:
TP1= @ 147.4485
TP2= @ 157.4260
TP3= @ 167.3430
TP4= @ 181.5110
TP5= @ 200.0000
SL= Break below S2
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💡 Don't miss the great buy opportunity in IOTABNBTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.0072). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. IOTA / Binance Coin IOTABNB is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 50.
Take Profits:
TP1= @ 0.0118
TP2= @ 0.0148
TP3= @ 0.0180
TP4= @ 0.0222
TP5= @ 0.0272
TP6= @ 0.0326
SL= Break below S2
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. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
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💡 Don't miss the great buy opportunity in Binance Coin/USDTTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (121.5). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Binance Coin / USDT BNBUSDT is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 55.
Take Profits:
TP1= @ 135.65
TP2= @ 148.15
TP3= @ 157.75
TP4= @ 167.50
TP5= @ 200.00
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
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Trade well, ❤️
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💡 Don't miss the great buy opportunity in Binance Coin/BitcoinTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.00124). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Binance Coin/Bitcoin BNBBTC is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 65.
Take Profits:
TP1= @ 0.001510
TP2= @ 0.001670
TP3= @ 0.001890
TP4= @ 0.002185
TP5= @ 0.002472
TP6= @ 0.002774
TP7= @ 0.003300
TP8= @ 0.004005
TP9= @ 0.004815
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
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Trade well, ❤️
ForecastCity English Support Team ❤️
💡 Don't miss the great buy opportunity in Binance Coin/USDTTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (46.48). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Binance Coin/USDT BNBUSDT is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 65.
Take Profits:
TP1= @ 49.70
TP2= @ 52.00
TP3= @ 53.63
TP4= @ 56.00
TP5= @ 58.20
TP6= @ 63.00
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
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Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in BNBBTCTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.0012860).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BNBBTC is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 66.
Take Profits:
TP1= @ 0.0013510
TP2= @ 0.0013920
TP3= @ 0.0014450
TP4= @ 0.0015000
TP5= @ 0.0015700
TP6= @ 0.0016700
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
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❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
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Trade well, ❤️
ForecastCity English Support Team ❤️
💡 Don't miss the great buy opportunity in Binance Coin/BitcoinTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.001273). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Binance Coin/Bitcoin BNBBTC is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 34.
Take Profits:
TP1= @ 0.0014330
TP2= @ 0.0016390
TP3= @ 0.0018700
TP4= @ 0.0021850
TP5= @ 0.0024720
TP6= @ 0.0027740
TP7= @ 0.0033000
TP8= @ 0.0040050
TP9= @ 0.0048150
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
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💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
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Trade well, ❤️
ForecastCity English Support Team ❤️