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The 3 supports at $275. Another chance to open a long on BNB🔥Hi friends! It`s a rare thing when almost 3 huge support are concentrated at the same price level. Of course, it`s a chance for the long traders to open a long there, because the traders will hold this price and don`t let the price fall lower. 📊 Preconditions to open a long: 🔥 test the trendline, $264-274 value area and $277 key level as support 🔥 volume growth which shows the additional purchase by the big players and that the small one sell their coins 🔥 DOM and Footprint are the tools which helps me to identify the whales BUY orders wall. The whales orders very often reverse the price. Also, We can open pur long with short stop loss and highest RR 🔥 squeeze to the trendline 🔥 bullish BTC 📊 The targets: 1. $300-310 - the value area 2. $338 - the key level 💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
5
BNB to break out 2EDIT: Please ignore the lower chart, it's shown by mistake, just go with the upper chart and press the rectangle button to maximize it (alt + click). This is follow up to the original idea down below. We just got wider triangle before the real breakout. Binance Coin broke up this triangle📐 and I think there is chance for run to 314 and even higher. Setting BUY LIMIT order to previous range high to catch🎣 the pullback. ENTRY : local high @ 300.5 STOPLOSS (SL) : local low @ 295.7 TARGET (TP) : height of the triangle projected from midpoint of the local range (BUY LIMIT - STOPLOSS) @ 314.5 REWARD RISK RATIO (RRR) : 2.9 INVALIDATION : when SL level hit Check my other stuff in related ideas. Please boost🚀, comment🗣️, follow me✒️, enjoy📺! ⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Long
by bizmark
8
BNB to break outPlease 1st of all smash the boost🚀 button to support my work if you like it! It's absolutely for free. Binance Coin seems to be ready to break up this triangle 📐 and if successful I think there is chance for run to 315 and even higher. ENTRY : local high @ 300.8 STOPLOSS (SL) : local low @ 295.8 TARGET (TP) : height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 315 REWARD RISK RATIO (RRR) : 2.7 INVALIDATION : when SL level hit Check my other stuff in related ideas. Please boost🚀, comment🗣️, follow me✒️, enjoy📺! ⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Long
by bizmark
7
Binance: bullish trend continuationThe market is in the uptrend on the Daily timeframe. The market has been in the deep correction for the last few days. The price reached the support level with the borders of $275 – $282.5 and the pullback was formed. A pullback buying opportunity on the Daily timeframe was formed. The movement in recent days has formed a new support level, the lower border of which practically coincides with the previous support low. The next target for the bullish movement is the resistance level with the borders of $330 – $336.8, formed on August 7 – 14. If the market is closed above this resistance successfully, the price is likely to move forward to the target #2 – it is the resistance level with the borders of $402 – $413 formed on May 4 – 5. Long positions will remain relevant until the market is above the nearest support level on the Daily timeframe, the lows of August 19 – 21. The borders of this support are $276 – $279.
Long
by JIexa1701
Possible head and shoulders on BNBIf the 275$ level fails to hold i will short it in the retest of the breakout, very unlikely due to the strength that BNB is showing. If the US Dollar continues to go higher all will collapse very hard. The most likely thing to happen is the invalidation of the pattern and further upside movement. So: If 275$ is broken with a daily close under it i will open a short with target 188 . If 300$ is broken to the upside again and we get a daily close over it , it signals a long and therefore head & shoulders pattern is invalidated. I will like to give me boost if you agree with me and i will be glad to see what do you think in the comments.
by piccard54
BNB is going Bearish ?Hello everybody , BNB on daily Time frame is experiencing a bearish trend which recently it's trend line made it's job as nice dynamic resistance. In this area in 4H Time frame we can see two different patterns (possibly), a Head & Shoulder and a Cup & Handel which if the price breaks down horizontal resistance (Neckline) we can have a bearish pattern , also our bullish trendline (Yellow) is getting broken. I draw the possible path for you and showed a trading setup in the chart which it's entry point is after a pullback (it's not an advice please take it as an option to analyze it for yourself). thanks for following me , please feel free to share your idea with me BINANCE:BNBUSDT
Short
by ArminYousefi_Trading