#BNBUSDT | 4 HOUR TIMEFRAME UPDATE
95% of altcoins are weak, with most of them consistently dropping. The only standout performer right now is #BNB, making it a strong candidate for your watchlist. Let’s break it down:
First off, I personally hold #BNB in spot for the long term.
For a LONG setup, we can look for confirmation within the $605 - $580 range. (Quick reminder: Trading on Saturdays and Sundays can be risky, so always do your own research.)
🎯 Targets for the upward move:
$627.50
$644.36
$658.83
$684.59
$731
$745
$795
❌ Invalidation level: Below $505
📌 Important Note: The targets mentioned in this analysis are mostly mid-to-long-term, so patience is key. As I mentioned, holding #BNB in spot is also a solid strategy for mid-to-long-term gains.
95% of altcoins are weak, with most of them consistently dropping. The only standout performer right now is #BNB, making it a strong candidate for your watchlist. Let’s break it down:
First off, I personally hold #BNB in spot for the long term.
For a LONG setup, we can look for confirmation within the $605 - $580 range. (Quick reminder: Trading on Saturdays and Sundays can be risky, so always do your own research.)
🎯 Targets for the upward move:
$627.50
$644.36
$658.83
$684.59
$731
$745
$795
❌ Invalidation level: Below $505
📌 Important Note: The targets mentioned in this analysis are mostly mid-to-long-term, so patience is key. As I mentioned, holding #BNB in spot is also a solid strategy for mid-to-long-term gains.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.