SpartaBTC

BNB/BTC Main trend 1w. Channel. Impulses. Past idea +450%

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BINANCE:BNBBTC   Binance Coin / Bitcoin
The chart shows the main trend of the Binance exchange coin. Timeframe 1 week. Logarithmic graph. A trading idea for understanding where the price is in the main trend and what the potential of the price movement is. It should be noted that the main trend is quite strong and has formed an upward channel at a distance. The lows are constantly rising along with the highs. This is a very good sign. For the entire menagerie of thousands of such cryptocurrencies, which show such a confident price growth over a long distance of no more than 20. In most cases, even with a high capitalization, the trend breaks over time.

You also need to understand that this is a cryptocurrency of a popular and very liquid exchange, which is why such a strong trend. If the exchange evaporates, then its coin, no matter what you are told, will similarly go into another world in the moment. Therefore, be careful in trading and accumulating large positions.

Notice the super pumping pulses in the trend like what is happening now. Pay attention What corrections took place after such impulses

Former trading idea of this BNB/BTC trading pair.
This trading idea was published on January 17 at the very beginning of the trend inception, when a local reversal pattern formed at 4h. As the trend develops, I accompanied the price in updates and private. channel. BNB / BTC Local performance Double bottom Potential trend reversal

This is an uptrend on the 1 day now timeframe. Profit from the moment the idea was published is about + 450%. The trend is developing. Now there is a breakdown of the triangle and attempts to gain a foothold above its resistance.


Комментарий:
+151.51% from the breakout of the ascending pennant. Let me remind you that the support of the canvas was the value of 4498. At the moment, a local rising wedge is forming in the developing uptrend. Timeframe update 1 day.
Комментарий:
Комментарий:
BNB to bitcoin. Reaching resistance of the internal channel and reversal from it. Now the price is at the support zone of the internal channel. The zone of the level of 0.00744. The reversal zone. The percentages from it to the key support / resistance levels from which will depend on the further development of the trend are shown on the chart.
Комментарий:
BNB to bitcoin. Logarithm. Time frame 1 month. Idea for understanding the main trend, secondary trends. The accumulation and distribution zones of a given asset of the most liquid and popular exchange (this is the main thing, the direction of thinking of the masses at scale). Setting trends in the crypto market.

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