#BNB/USDT 4HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
BNB/USDT UPDATE!
As we can see BNB has broken the triangle pattern and retest again in the yellow area Entry 235 to 245 Stop Loss 230 and Target 310
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
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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!!!
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