Bnbanalysis
BNB/USD SYMMETRICAL TRIANGLE 4 HOUR CHARTHi guys!
BNB/USD chart I posted yesterday in my groups a Small Symmetrical Triangle what also sees in this chart. And we have a big potential Symmetrical Triangle as you can see and with the small one Should we make the breakout from the big one or get a reset we are still in the big one. I think the BNB will come to a new ATH if BTC behaves well and continues the uptrend :-) If we reach the target of the small symmetrical triangle I will take some profits there and if we have the breakout from the big then with confirmation again increase the trade as my entry is very far down.
Good luck with the trade :-)
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BNB in a symmetric triangleDescription :
As you can see, BNB is in a triangle. A symmetrical triangle.
But there are currently two modes:
1- Break the triangle upwards
2 - Break the triangle down
Option 1: Climb to the size of the base of the triangle
Option 2: Reduce the price by the size of the triangle rule
In this case, the situation depends on bitcoin. If Bitcoin declines, the second option is more likely, and if the uptrend, the first option is more likely.
BNB 12h Global Idea: Where price will go $1,300 or $230 For your attention a global idea for the BNBUSDT pair
And a few scenarios of how the price of Binancecoin might behave in the coming months
1) Smooth price growth within the channel to one of the three targets $720-815-890
2) If the channel is broken upwards, a rapid growth with a maximum upper target of $1300
3) If the price fixes below $400 , a possible continuation of the fall with the lower target of $215-230
Like the idea and write a comment , then tradingview will notify you that we have updated this idea, depending on what scenario the BNB price went through.
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Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
BNB analysisAt 18th of April bulls bought the dip at 454$ which could raise the price back above. Bears are likely to defend the 550$ resistance if they manage to that then price may drop to 428$ and then to 348$ support.
If EMA20 at 550$ breaks upward then price may reach 600$ and then to 638$ and finally to 832$.
BNB To The Moon! - Fibonacci AnalysisBNB To The Moon! - Fibonacci Analysis
BNB looking good! It bounced back of Fib 0.6 and heading North.
Entry Point: $400 - $500
Take Profit #1 at $695
Take Profit #2 at $614
Take Profit #3 at $580
Disclaimer: This is not a financial advice. This information does not provide individually tailored investment advice and does not take anyone’s circumstances into consideration when discussing investments, nor am I registered as an investment adviser or broker-dealer in any jurisdiction. Information contained herein is not an offer or solicitation to buy, hold, or sell any cryptocurrency.
BNB Analysis , dive into the position after pullbackBINANCE:BNBUSDT
AS chart shown the price placed above the Kijunsen/Tenkensen and now trying to break the como cloud and the descending Guard.
we have a strong one at 570$ ~ 575$ that would reject the price, so we'll dive into the position right after pullback as mentioned in the chard.
BNB - Binance Coin - Last two bull fractals - $1666? prob -PT2PART 2 ; clean up the fractals a little
Remember the horizontal price targets are key, not trying to get the exact pattern with these fractals just very similar.
BNB - Binance Coin - Last two bull fractals - $1666? prob
You know Cz aint gonna let BNB not pump like a drunkin astronaut...
Pretty good targets, in line with a lot of other large cap returns from this point out IF this bull aint over already. Doesn't seem like it should end here, but hey maybe.
BNB 12h We took the $400 mark, where should the price move next?Since the goal of our previous idea in the BNBUSDT pair has fully worked out, it's time to take a global look at the chart and update the goals.
But first, still appreciate the development of our previous idea with dignity)
So, the goal of $400 (maximum $414) is taken, that is, who followed our idea was able to fix +75-80% profit , keeping part of the deposit in highly liquid BNB
As you can see from the chart, the BNBUSDT price skillfully moved upward in a channel, reaching its maximum value.
To continue moving further, the channel formation needs a correction.
The critical level of support maybe $300
With a favorable market, from this value, a possible recovery of the growth of the BNBUSD price to $385 to begin with.
If the cryptocurrency market completely goes into the stage of global correction, then the price of BNBUSDT may drop even lower into the liquid zone of $215-230
We don't want to scare anyone, we just write what we see on the chart and trade in parallel with the market trend.
Everyone knows the trading saying: "Trend is My Friend"?)
_____________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)