BNB. Ascending channel 20%. Work on a coin. Local uptrend.
In favor of coin growth.
1) Local uptrend.
2) Global uptrend.
3) The only coin that holds an uptrend after 2017.
4) Ascending channel in increments of 20%.
5) Strong coin liquidity.
6) Dad and mom in the face of the strongest player in the Binance market.
7) TOP cryptocurrencies.
8) The clarity of trade.
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BNB is one of the most powerful coins among more than 2000 different types of menagerie of coins. The BNB coin is now in a global uptrend. A local uptrend has also begun, which has formed an upward channel. Channel in increments of +19 - 21%. Good place to make money. It is also very important that all potential movements are easy to predict in the future. Currently, trend trading within the channel is from support to resistance of the channel’s trend lines.
If the Binance exchange raises its price with bots on a similar formation as before, then perhaps with a breakthrough of the rising channel we will see a new maximum price. Sooner or later this will happen. If the Binance exchange does not cease to exist.
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Entrance on a breakthrough or rollback after a breakthrough depending on what your trading strategy is and at what level the entrance will be.
When trading in the channel, the entry is at the bottom of the channel when confirming support.
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Who uses Stop Loos - as the price rises, be sure to move them up taking into account the volatility of the instrument.
When trading in the Stop Loos channel behind the channel support line. But it is possible that they will knock it out if they make a false breakdown before growth.
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The first real target is to trade in the channel + 20% (maybe several times).
The second target is a breakthrough of the resistance channel in the region of 0.0033 (yellow level).
The third target is the previous high in the area of 0.0044 (this will be possible if the price consolidates above the level of 0.0033).
The fourth target is a new maximum price - 0.0061 or + 144% from the channel breakout zone.
Adverse events if the local uptrend breaks - the target of the short is 0.0018-0.0020 (purple support line). Below I think they will not give.
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In this trade, it is very important to follow the ascending trend line (green line).
Especially when the price approaches it (to the bottom of the channel). Specifically highlighted the red zone on the trend line of the uptrend for clarity and comprehensibility. If the price breaks through it and consolidates below it, the uptrend is changing. Always trade with the trend! If this happens, then with a high degree of probability the price will fall to the support zone in the area of 0.0018-0.0020 (purple line). This is a very strong level of support. I doubt that the Binance exchange will let it break through.
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Specially showed on the previous upward and downward trend how well the trend lines work and work out all the figures in the classic TA. There are no tricks and deceit. There is only one reason, the exchange has a lot of money and it will not "get dirty" on its coin. According to the BNB chart, one can study the classical working out of TA figure, at least the last two trends. Feel the dynamics of the transition of one figure to another.
1) Ascending channel 66 days + 66%. (I previously described in my chat how to read non-random numbers). By the way, I received the first communication lessons of this kind back in 2017 in the summer on the first pump of the same BNB coin!
2) Then a breakthrough of the channel and an ascendant pennant. Testing to the height of the flagpole in the classic TA.
3) Triple top (reversal pattern) at the top of the trend.
4) Breakthrough of the uptrend line + breakthrough of the “Neck” line of the triple top - the final confirmation of the trend reversal.
5) Downtrend. The formation of a downward wedge.
6) Breakthrough of the descending wedge and the beginning of the formation of the ascending channel - trend reversal.
But the most important thing in trading is trend trading. Always follow the trend lines!
1) Local uptrend.
2) Global uptrend.
3) The only coin that holds an uptrend after 2017.
4) Ascending channel in increments of 20%.
5) Strong coin liquidity.
6) Dad and mom in the face of the strongest player in the Binance market.
7) TOP cryptocurrencies.
8) The clarity of trade.
________________________________________________________________
BNB is one of the most powerful coins among more than 2000 different types of menagerie of coins. The BNB coin is now in a global uptrend. A local uptrend has also begun, which has formed an upward channel. Channel in increments of +19 - 21%. Good place to make money. It is also very important that all potential movements are easy to predict in the future. Currently, trend trading within the channel is from support to resistance of the channel’s trend lines.
If the Binance exchange raises its price with bots on a similar formation as before, then perhaps with a breakthrough of the rising channel we will see a new maximum price. Sooner or later this will happen. If the Binance exchange does not cease to exist.
_________________________________________________________________
Entrance on a breakthrough or rollback after a breakthrough depending on what your trading strategy is and at what level the entrance will be.
When trading in the channel, the entry is at the bottom of the channel when confirming support.
__________________________________________________________________
Who uses Stop Loos - as the price rises, be sure to move them up taking into account the volatility of the instrument.
When trading in the Stop Loos channel behind the channel support line. But it is possible that they will knock it out if they make a false breakdown before growth.
___________________________________________________________________
The first real target is to trade in the channel + 20% (maybe several times).
The second target is a breakthrough of the resistance channel in the region of 0.0033 (yellow level).
The third target is the previous high in the area of 0.0044 (this will be possible if the price consolidates above the level of 0.0033).
The fourth target is a new maximum price - 0.0061 or + 144% from the channel breakout zone.
Adverse events if the local uptrend breaks - the target of the short is 0.0018-0.0020 (purple support line). Below I think they will not give.
__________________________________________________________________
In this trade, it is very important to follow the ascending trend line (green line).
Especially when the price approaches it (to the bottom of the channel). Specifically highlighted the red zone on the trend line of the uptrend for clarity and comprehensibility. If the price breaks through it and consolidates below it, the uptrend is changing. Always trade with the trend! If this happens, then with a high degree of probability the price will fall to the support zone in the area of 0.0018-0.0020 (purple line). This is a very strong level of support. I doubt that the Binance exchange will let it break through.
_____________________________________
Specially showed on the previous upward and downward trend how well the trend lines work and work out all the figures in the classic TA. There are no tricks and deceit. There is only one reason, the exchange has a lot of money and it will not "get dirty" on its coin. According to the BNB chart, one can study the classical working out of TA figure, at least the last two trends. Feel the dynamics of the transition of one figure to another.
1) Ascending channel 66 days + 66%. (I previously described in my chat how to read non-random numbers). By the way, I received the first communication lessons of this kind back in 2017 in the summer on the first pump of the same BNB coin!
2) Then a breakthrough of the channel and an ascendant pennant. Testing to the height of the flagpole in the classic TA.
3) Triple top (reversal pattern) at the top of the trend.
4) Breakthrough of the uptrend line + breakthrough of the “Neck” line of the triple top - the final confirmation of the trend reversal.
5) Downtrend. The formation of a downward wedge.
6) Breakthrough of the descending wedge and the beginning of the formation of the ascending channel - trend reversal.
But the most important thing in trading is trend trading. Always follow the trend lines!
Comment:
Comment:
The ascending channel was broken, the price reached an important level of support, options for further movements
Comment:
In the global downward channel.
A lateral movement was formed inside it, which formed a horizontal channel with a pitch of 40%.
Now the price is at the bottom of the accumulation channel.
Potential formation of a figure of a triple bottom when the price goes beyond the downtrend line.
The reversal zones on which the development of further movement depends showed on the chart.
The critical zone and the trend fracture zone were also shown on the chart. It is important that the price does not fix below it.
A lateral movement was formed inside it, which formed a horizontal channel with a pitch of 40%.
Now the price is at the bottom of the accumulation channel.
Potential formation of a figure of a triple bottom when the price goes beyond the downtrend line.
The reversal zones on which the development of further movement depends showed on the chart.
The critical zone and the trend fracture zone were also shown on the chart. It is important that the price does not fix below it.
Trade closed: target reached:
1 Target achieved + 23%
Now the price is in a very important zone of the fracture of the main downtrend. Fixing prices above this zone will mean further price growth.
Now the price is in a very important zone of the fracture of the main downtrend. Fixing prices above this zone will mean further price growth.
Comment:
Comment:
Trade closed: target reached:
+ 40% Breakout of an important resistance level
Comment:
+ 57% from the trend reversal zone. An important zone of resistance is broken (yellow level). The trend is developing. Possible rollback to this level. Globally, they can draw a cup. Objectives on the chart.
I congratulate everyone on the big profit on such a highly liquid coin.
I congratulate everyone on the big profit on such a highly liquid coin.
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✅ Telegram. Сrypto trading only: t.me/SpartaBTC_tradingview
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✅ YouTube (Rus): goo.su/vpRzRa2
