In 4hr time frame it is forming a rising wedge pattern and mostly this pattern breakouts in downward but wait for the breakout, if breakout happens in downward that it can go down and i have given support zones you can accumulate in parts and but if it breakout than you can buy at breakout in upward line..... And what breakout means that the pattern or channel in...
The Binance Coin has so much potential. Currently it is making a new high, then it will take a pullback till the golden zone of the Fibonacci for the new high. Then, it will retrace back from there.
crucial levels to watch out ..............................................................
Guys check this pattern a hammer candle and now we fly!!
#C98 looks good as it is currently is in the symmetrical triangle pattern in 8hr TF. it could be a good long opportunity if it's breakout upside and retest on Small Time frame. I would recommend to wait till successful upside breakout and retest to further confluence of support. #C98 is good coin to make good profits in a short span as this is not yet pumped so...
bnb breaking out of the wedge pattern let see if it sustain the hourly candle will take trade based on breakout and retesting 405.65 level and cross checking it whether it gives wick rejection 20 ema the target will be followed based on ema trend following system
$BNB - USDT broke the downward trend line. Bullish scenario : closes above resistance at 385. Bearish scenario: breaks down from support trend line . Anything under 400$ is undervalued IMO. ($BTC leads the way) .
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 - DM to learn to trade Crypto in India for FREE !!!
-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...
Binance coin is ready for its next run but lets see where it takes the support and retrace back upside for the next fibonacci level target as mentioned on the chart.
Trading 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...
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...
Trading 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...
BNB/usdt has tested the resistance level multiple times & failed to give a breakout. It is sustaining below 200 Ma line and it has also broken its support trend line .
". 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...