BULLISH ON BINANCE!!! 📈 BNB TRADE SETUP IDEA 💡CRYPTO TRADING

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There has been lots of bullish news about Binance recently and now a BNB price analysis demonstrates significant confluence for buying the BNB token between the 25.5 and 23.5 dollar levels.

We do a deep dive technical analysis (TA) for Binance to determine what the previous market structure has been. We look at the RSI, EMA, previous major support lines as well as a fibonacci retracement tool to come up with a buy setup for BNB.

00:00 Intro
01:42 Major weekly support
03:47 Repeating market structure
6:09 1D 21 EMA
08:32 Diagonal support
11:10 Fibonnaci retracement
12:09 Previous 3D bearish divergence
13:40 Bullish long term
15:54 Trade setup
19:50 4H time frame scenarios

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Sources:
https://www.tradingview.com/chart/j8KJtkg4/

https://www.coingecko.com/en/coins/binance-coin

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Disclaimer:
The information discussed by Altcoin Buzz is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the content creators/reviewers and their risk tolerance may be different than yours. Altcoin Buzz is not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided.
Please do your own due diligence and rating before making any investments and consult your financial advisor. The researched information presented we believe to be correct and accurate however there is no guarantee or warranty as to the accuracy, timeliness, completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. All rights reserved.

BULLISH ON BINANCE!!! 📈 BNB TRADE SETUP IDEA 💡CRYPTO TRADING

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Created by Sara Bauer and Richard Abermann

32 comments

  1. TIMESTAMPS ⏰
    00:00 Intro
    01:42 Major weekly support
    03:47 Repeating market structure
    6:09 1D 21 EMA
    08:32 Diagonal support
    11:10 Fibonnaci retracement
    12:09 Previous 3D bearish divergence
    13:40 Bullish long term
    15:54 Trade setup
    19:50 4H time frame scenarios

  2. Alts goin down and BTC goin up, makes me concerned about investing in alts. It’s like people are trying to pump BTC to make a new higher high.

  3. I still got my BNB from 29 Nov 2017 which I bought at 18404 sats. Actually sold some at 315k sats when I saw things went parabolic. You now get free tokens by staking BNB so that probably explains the recent run up. But long term this coin should grow. Binance is not going anywhere and the interest for locking BNB on Binance is much better than CDC.

  4. Great stuff! Thanks for the overall perspective. I learn something from you everyday. Keep it coming. 😄

  5. Really don’t think we’re going below $10k unless there is another March-like mass selloff across all assets. People keep trying to compare this bull run to those in 2018 or 2019 without considering that we just had another halving which has significantly cut the sell side pressure.
    Beginners can lose a lot of money without proper guidance. Best bet is to get a professional trader. Many traders don’t give their bad experiences, you only hear success stories. Be careful, i once lost 125k. Now i have made huge gains (near six figures). Mr Frankie Tommy has been great help. you can reach him via frankietommy020@gmailcom Be warned he doesn’t come cheap

  6. Trading without a professional guide is one of the worst mistake I made as human being, that’s the fact

  7. I think forex and Bitcoin investment isn’t fore every one though and the learning curves will scare of lots of people but I will say once you learn it you will forever remain blessed.

  8. Binance could go up in value and make you money, but I started to take all my money out of Binance and move to Kucoin and stay away from anything that Cz controls; Binance is becoming into a casino; there are many many other great legit projects,

  9. Take it from one who has it and buy a house in Missouri and dream Wrangler with forex trade profits. i started with Mr. Thompson Bruce of financial education and he has been my handler and guider for the past years

  10. I’ve seen so much good word concerning Expert Thompson and am definitely taking a bold step trading with him

  11. Please who has traded with Mr. Thompson and made a profit I was told he’s the best broker and account handler

  12. I thought of Investing in bitcoin around July Feb 2018 but was discouraged with the rise and fall of bitcoin. I don’t know if it’s still safe and ideal to invest now and what platform is recommended

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