BNBUSDT
BNB to take over Global Finance? Interesting Macro ScenarioCRYPTOCAP:BNB BINANCE:BNBUSDT CRYPTOCAP:BNB.D
In the chart,
1. Trend based fibonacci levels. Shouldn't disappoint.
2. BNB is forming an ascending pattern on macro levels
3. Exchange's popularity and usage metrics are off the charts that will attract more institutional investors in both short term and long term
4. Binance acquires anything that can make their presence more exponential. Whether its banks or exchanges in multiple countries.
Binance is the largest crypto exchange with the biggest presence in countries. NO S***
It's better to look at BNB coin more than what it presently is. HIGH TIME we take notice.
This is not a financial advice
I still don't know what to think of this-
It's the biggest exchange so far
Has a crypto thats actually being used for payments, defi, transfers and can even be treated as an asset class.
Enjoys zero maintenance margin on multiple instruments
Coins are pegged against BNB and has a dedicated exchange for the same on its network
Almost started to feel like a bank
Is it a tech giant? Is it a financial giant? Is it Both? I don't know
I've started to have interest in Binance as a new generation asset class that really could dominate global finance.
I don't believe in this strongly but the trends have been positive and consistent. Fundamentals are way too strong - so is the dominance and presence.
Could be wrong but I'm still taking a DCA oriented long position for the next 5 year cycle on this coin. Also I have no complains from the exchange. Seamless experience since 2017.
BNB SHORTTIME TRADEhere bnb can have a bearish or bullish move according to the 4 hr timeframe as i see blue line is daily DAY
and green line is HOUR trendline bnb broke day trend line as i have posted already i have a short trade on bnb
and i also look for short time trade so i took this trade if bnb has a bearish candle in hr tend line it has a bear move
and break the trend line with bull candle has a bullish move
stay tuned to get more trade ideas
BNB BEARISHhere market seems to be bearish as it breakdown support trend line in weekly time frame and also economy seems to worst as increase in circulation of dollar at the time of corona virus in 2020 but now to bring up economy dollar circulation need to be decreased so expecting a increase in intrest rate by fed
Trading Signal For BinanceCoin Trading Signal:
There is a Trading Signal to Sell in BNBUSDT BinanceCoin BNBUSD
Traders can open their Sell Trades NOW
Rank : ⭐️
⬇️Sell now or Sell on 398.8
⭕️SL: Close above 415.1 or Downtrend breakout
🔵TP1 @ 355.0
🔵TP2 @ 329.0
🔵TP3 @ 240.0
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
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BNB triangle breakdown // next levels Recent low of 319.35 and high of 669.50
price consolidate in descending triangle pattern, and breakdown
with the help of fib retracement 448.20 and 394.95 can be reversal points based of price action indicating bullish moment can be traded for the target of 500 and 540
BNB/USDT ON HOURLY CHARTBNB coin is making a triangle pattern on hourly chart. Looking at price action we can observe BNB making LL, LH. We are still neutral on this.
We will go long once breakout is done with good volume n supertrend in our favor.
We will go short once breakdown is done with good volume n supertrend in our favor
Safe trade.
BNBUSDTAscending Triangle patter formation on BNBUSDT on a Weekly timeframe ! Target should be around 1000$ above!
🚫Disclaimer:
I'm not an financial analyst! I'm sharing this with public! It just learning purpose only! If u find anything wrong with this post ! U can tell me ⬇️ comments!
Thank you!!!
😊😊😊
Head and Shoulders Breakdown on BNBThis is not an investment advise!!!
Head and shoulders pattern formation on BNBUSDT on a hourly timeframe
Target should be around 520-525 levels
* I'm not an expert analyst. This is something is just learnt, so I'm sharing this with public.
If you guys find anything wrong with this post, you can tell me about that in comments.
Have a nice day!😄
💡Don't miss the great buy opportunity in BNBUSD @binanceTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (605.3).
. 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 an 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= @ 660.6
TP2= @ 700.0
TP3= @ 734.6
TP4= @ 770.0
TP5= @ 800.0
SL= Break below S2
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#BNB/USDT CHART !!!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 which price is moving from certain days which is going to breakout the pattern in either side if price breaks bottom line of pattern means breakdown(Bearish) and if price breaks top line of pattern it means breakout(Bullish)........
BNB PRICE ACTION ANALYISIS. BEARISH BAT PATTERNBNB is nearing a supply zone/PRZ. It could retrace onto the support trendline before breaking the all-time high.
Observe the price action if the price corrects from the supply zone bounces off the trendline. Buying can be done at the trendline or near 510.
The 640-695 zone could be a very tough zone to break and a false breakout might happen, get the volume confirmation on the breakout.
Happy trading :)
This is just for educational purposes.