This pair is in an uptrend. On the 4hr gives the trend reversal CHoCH: Change of character (greenline) Supply and demand is labeled Wait for LH to be created to confirm bearish move Target is demand labeled ( blue zone)
Market now forming an symmetrical triangle pattern structure formed, wait for the trend line support or resistance level breakout after entering the trade
Wait for the trend line resistance level breakout after entering the trade
BINANCE:BNBUSD formed a nice H&S (head and shoulder) formation, broke down and now retesting the neckline. Notice the decreasing volume on rise from beginning of August which shows weakness. Neckline around 288 seem like a good place to short and we might see 225 or lower levels in days to come.
Symmetrical triangle pattern structure formed wait for the trend line support or resistance level breakout after entering the trade
Market now forming an symmetrical triangle pattern structure formed, wait for the trend line support or resistance level breakout after entering the trade
Market forming an rising wedge pattern structure formed, now retest level completed to going on short
Reasons to take the bear move: 1: broke trendline for reversal on 4hr timeframe 2: broken previous 4hr low 3: currently at entry zone on the fibs (38.2-61.8)
target expect as 235.9 fibonacci retracement level of 50% and the fibonacci retracement extension level of 0.618
BNB is looking for short opportunity & expecting to reach at 183$ for a nice sell. After formed ascending channel.
Market now in strong level of support on demand zone It's time to buy opportunity for long position trade Buy above @ 210.5 Target 1 🎯 333.5 Target 2 🎯 443.5 For long time position trade Target expect at the Major level of resistance 🎯 660.0
CRYPTOCAP: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...
BNB/USDT still in the hands of bears . Target -343.7
SHort on breout & retest on prior low with volume at 600 Dollr
BNB is preparing for a jump upto $1200 in near term watch 650 area closely
Bnb will continue to grow, especially now that there are many tokens with bnb reflections! also btc bullish is good for bianace lets go guys !!
BNB rounding bottom pattern formation in 4h timeframe, there's breakout with nice volume indicating long.