BNB is expected to Rally in the very short term
CZ has made an absolute genius move by tapping into the thirst, and greed, of the ICO market. With the firing up of Launchpad, the Binance equivalent to the ICO, BNB has suddenly added much more value to the already valuable token. This has all the hallmarks of 2017 and what happened with Ethereum when it was the goto token to buy to get in on new ICOs that were...
Looking at Enj on the 1d chart Hit profit objective between the 1.618 and 200% profit taking zone Looking to throw bid in the buy zone between the 618 and 786 Big notch in VPVR that needs filling Price hitting VPVR single ticks Volume has made a higher high which could mean a higher continuation, but for me its way to risky to even link of a long trade...
This play almost seems too easy! BNB showing tremendous value from and fundamental perspective, and the chart is equally as juicy. Expect a new all time high vs bitcoin soon. Targeting .004195
ENJBNB is a Strong Buy! Entry Now! Primary Wave 3 is about to begin!
The idea is based on the repeating pattern - after each token sale on Binance Launchpad, Binance Coin (BNB) starts to grow up. A simple proportional calculation gives 45.61% movement after Celer Network token sale (19.03.2019). Thus, BNB will break out the June Resistance line. I suggest a downward movement until token sale date - the same happened before...
Update on $BNB, Symmetrical triangle broke to the upside & reached the upper trendline of the weekly resistance (check chart #2). Breaking to the downside from here will lead to a retrace to the .5 or .618 Fib level (~green box). If breaks to the upside above weekly, new ATH #BNB Also, currently there is a bearish RSI divergence pushing the price down, and...
In the lower timeframes, WANBTC started to form a bullish pennant. This broke upwards quite fast, painting an ascending triangle instead. In blue is the Wanchain Community Conference Call, which is where a bridge with an other chain is announced (EOS, BNB, LTC or XRP). If BTC stays its course, an upwards breakout will most likely be the case.
Binance Token (BNB) / USD - Short! We fall under 15$ area. We could dip hard now! Stay safe
Binance Token (BNB) - Short! We see a bearish RSI and a double top on ressistance level 40.000sat. It can dump rly hard. Stay safe guys!
Possible double top, with big bearish divergence on RSI. MACD is going to crossover. Let's see how much long this trend line will act like support. Expecting to see downtrend to 0.382 Fib (13.15$). Bullish momentum is decreasing, volume decreasing also.