BNB has lost a very critical level lately (~260). I think its macro outlook is very fragile. You can check my macro TA for BNB from this idea.
I think a potential test of 260-270 level might be a good short entry.
NFA
I think a potential test of 260-270 level might be a good short entry.
NFA
Bình luận:
Feels like the sell pressure will invalidate this:
Bình luận:
I though this would bring us a test. But honestly why not this:
Bình luận:
I'd like to see this:
Bình luận:
That would be a short I'd take with confidence. Right now it's a coin flip. If you can't put a stop above 270.
Bình luận:
Is it coming?
Bình luận:
This just become bigger pennant. I'm not sure what it is. No meaningful range. Stop hunt and dump probably.
Bình luận:
This thing should go now or it's probably losing its last chance to go.
Bình luận:
I wanna get in from 0.618. Because this spent too much time at the "bottom" for my taste. I have an order at 272.
Bình luận:
CZ what are you up to dude?
Bình luận:
It's definitely coming. I think :D
Bình luận:
Great entry imo:
Bình luận:
This might be it. Critical $260 level is tested anyway.
Giao dịch đang hoạt động:
I got a short from 258 with stop around 280.
Bình luận:
I didn't want to wait more because I like this:
Bình luận:
Next big resistance if it can break 260-270:
Bình luận:
Let's see.
Giao dịch đang hoạt động:
I added some from 268. It was the first stop loss from my original plan. 263 average 280 stop.
Bình luận:
A lot of stops have been run around this box. Breaking this is dangerous for shorts. But I wanna see the reaction to 20w ema.
Bình luận:
Just saying.
Bình luận:
Everything is fine until it isn't.
Bình luận:
I'm expecting bad news about Binance soon. There is no fundamental or technical support for this positivity.
Bình luận:
My next order if I get stopped out. I'll be chasing for some time.
Bình luận:
I haven't looked at BNB/BTC for a while. Big resistance ahead:
Bình luận:
Ok.
Bình luận:
Actually I don't wanna use stop loss with this. I'll add collateral today and make it practically impossible liquidate. It doesn't make sense to chase this with small steps.
Bình luận:
Surprise surprise bear markets have really strong rallies:
Bình luận:
BNB is one of the trendless pumps. We'll see.
Bình luận:
Down only, retest, double top... We'll see. But it's not bullish.
Bình luận:
The question is 'Will it hold 260 or not?'
Bình luận:
I'll increase size at 290 if it comes.
Bình luận:
He says he is gonna ignore more fud incoming hehe. Every bad news about Binance is FUD isn't it? About crypto in general. Magic words of cults.
Bình luận:
BNB/BTC update. If you are bullish on this, you'll want to see an ascending triangle:
Bình luận:
They will have to defend this box. If they do, I will respect it and close my trade entirely.
Bình luận:
You act weird BNB.
Bình luận:
BNB is testing nothing. No bullish argument. No significant trend. Really one of the worst manipulation of this mini rally.
Bình luận:
200d ema will be a hard test. That's where I increase size, if it comes.
Bình luận:
Increased position size at 287. Very close to 200d EMA. New average 273.
Bình luận:
We have a clear resistance at 292. It'd be nice to clear that too.
Bình luận:
Adding big around 320-330. We gonna have some fight.
Bình luận:
Even if BTC is going to pump more, this is what BNB deserves:
Bình luận:
Bình luận:
264
Bình luận:
Very good. Come to 330.
Bình luận:
Let's pretend like there is no weakness here. And it's not related to any problem about Binance.
Bình luận:
They can overextend this thing though. Because why not.
Bình luận:
Hello CZ? Where is the money? We want it.
Bình luận:
It's the bull market bro c'mon.
Bình luận:
Volume is incredibly low on BNB. People don't trust Binance. They don't even wanna short it. Bank run is a long process in case of Binance. It's happening.
Bình luận:
If everyone is bullish enough, we are returning to reality soon.
Bình luận:
I mean about crypto. People are not bullish about Binance for sure. The trouble is obvious there.
Bình luận:
ser?
Bình luận:
You are not distributing on us, r-right?
Bình luận:
The range is becoming clear. I need a lil bit more confidence to increase my short size.
Bình luận:
He already owns most of the BNB you know. It's hard to convince people to buy here. Not enough shorters to squeeze too. Traders know how it can be manipulated if they short. But I'm in for it. Let's see :D
Bình luận:
Let's make a huge bear flag. I'm in for it too.
Bình luận:
Ouch.
Bình luận:
I'll keep sharing FUD's :D Range high is tested.
Bình luận:
Increased position size by %50 at $308. New average 296. I'm not planning to add more. It's gonna be either give up or hold after this.
Bình luận:
Not by 50% :D. I was thinking something else. By 200%. Previous size is 50% of the new entry.
Bình luận:
Still holding the position. $260 is the key. If I see something close to this, I'll close.
Bình luận:
FUD is getting heavy :)
Bình luận:
Still holding my short.
Bình luận:
I have an alarm on this trendline. If this breaks up, I'm probably wrong about the next move.
Bình luận:
It's a nice rounding top and if it gets invalidated, it will probably break the range next.
Bình luận:
HODLing the short. 260-270 is where it should consolidate. This one should be bearish.
Bình luận:
I will talk early. At major support. But GG if you ask me.
Bình luận:
TL;DR Binance won't survive this bear market.
Bình luận:
I added some @287. This is just because I've closed my other shorts lately. Basically moved profits to here from closed shorts. I still like BNB chart very much.
Bình luận:
The luxury of not giving a fuck I have. About this trade. Mindless pumps are good. Let me see a consolidation so I can consider closing.
Bình luận:
I am still holding but I don't even look at it. Long-term bag holder hehe. Isolated position liq. above 450. I don't care what it does.
