website utilities


Follow us:
+1 64 64 8000 31 (New York, USA)
You are not logged in, you need subscription to view up-to-date forecasts, please Login if you have already subscribed, otherwise please Subscribe
You can still continue browsing delayed forecasts on the sidebar list.
Weekly forecast Binance Coin technical chart
Symbol BNBUSD

Download MT4 template file

Trade Setup
#BNBUSD
Total Profit: 18739 pip
Closed trade(s): 9141 pip Profit
Open trade(s): 9598 pip Profit

Trade Setup:
We opened 5 BUY trade(s) @ 17.713 based on 'Valley' entry method at 2020.07.21.

Closed Profit:
TP1 @ 18.880 touched at 2020.07.24 with 1167 pip Profit.
TP2 @ 20.800 touched at 2020.08.03 with 3087 pip Profit.
TP3 @ 22.600 touched at 2020.08.05 with 4887 pip Profit.
1167 + 3087 + 4887 = 9141 pip

Open Profit:
Profit for one trade is 22.512(current price) - 17.713(open price) = 4799 pip
2 trade(s) still open, therefore total profit for open trade(s) is 4799 x 2 = 9598 pip

Trading suggestion:

  • We have already opened Buy trades, based on Trend Hunter Strategy, trade setup is drawn on the chart and shows entry and targets.
DateAugust 10, 2020 - 14:22
Currentuptrend
Forecastcontinuation of uptrend

Midterm forecast:

  • 17.3 is a major support, while this level is not broken, the Midterm wave will be uptrend.

Technical analysis:

  • The RSI downtrend #1 is broken, so the probability of continuation of uptrend is increased.
  • While the RSI uptrend #2 is not broken, bullish wave in price would continue.
  • A peak is formed in daily chart at 23.500 on 08/05/2020, so more losses to support(s) 20.800, 18.880, 17.350 and minimum to Major Support (17.345) is expected.
  • Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
  • Relative strength index (RSI) is 72.

Take Profits:

  1. 18.880
  2. 20.800
  3. 22.600
  4. 26.580
Click on the level to view price action history.
Symbol Released Current Forecast
Binance Coin (BNBUSD) Sun, 14 Apr 2024
Binance Coin (BNBUSD) Sun, 7 Apr 2024
Binance Coin (BNBUSD) Sun, 31 Mar 2024
Binance Coin (BNBUSD) Sun, 24 Mar 2024
Binance Coin (BNBUSD) Sun, 17 Mar 2024
History
Daily-Trading-Opportunities on BNBUSD.