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 :)
BNB - 6h. Buyers shouldn't lose control of $230-235For a month now, on the BNB market , market participants have been trading in a consolidation triangle , which is shrinking every day. After the sharp impulse of BNBUSDT price growth during February 17-20, sellers tried to take the initiative into their own hands. Their most dangerous attack was on February 23, when the price on the BNB market fell 43% in 3 days .
In our previous global idea, we indicated that a critical moment has come in the market:
While buyers still have a chance to test a new all-time high at $400 . However, to do this, you need to keep the lower trendline of the triangle, which runs near the range of $230-235.
At the moment, given how other coins have fallen against the backdrop of the fall in the BTC market , the BNB price is confidently staying in the range of $250-255 . Calmness of buyers and weakness of sellers indicate a high probability of a new growth impulse in the near future.
And even if the BTC price continues to fall to $45,000-46,000, it seems that the BNB price will not go below the critical range of $230-235. All buyers need at the moment is to ride out the storm. The first target is $300 . Only after fixing above can you think of $390-400
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Will BNB make Us Wonder Later !!! Hey guys welcome for a fresh update on BNB
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What I see is BNB has accumulated Quite Well !!
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BNB after its last leg up
Has been switch to consolidation
Which is very healthy for its next leg up!!
And what i see now is that BNB has fairly completed its sideways path
And is in Last Phase of it..
BNB is fundamentally very strong
And is no doubt a Coin to Hold !!
Its In Strong SR zone
Once It broke Out!!
It will be Hard to Catch ( as we saw in previous break out )
For You
I brought you a fairly nice entry to dive in.....
Buy Range 365 - 380
Don't Miss Out on it....
Give a thought to it and manage your risk carefully...
Let me know whats your target and suggestion In Comment Section
Will Be back with another Premium Trades in the mean time..
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this is Husain Zabir, signing out
Thankyou...