BNB// Opportunity to buy on the groundThe BNB is currently trading in the 273 and 315 price ranges. In this situation, it is possible to enter the green and red channels, but due to the resistance, I give the possibility of entering the red channel, and we will probably see a drop in prices up to 240/245.
Bnbanalysis
#BNB/USDT 4Hr UPDATE !!
Hello, dear traders welcome you to this BNB/USDT chart analysis.
Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
#BNB/USDT ANALYSIS:-As we can see from the above-mentioned chart BNB is currently trading on a support zone of the triangle pattern.
Here BNB needs to bounce to break this triangle pattern and enter a bullish mode.
Candles close below will lead BNB again towards its lowest levels.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
THANK YOU.
#BNB/USDT WEEKLY UPDATE!!Hello, dear traders welcome you to this BNB/USDT Weekly chart analysis.
Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
#BNB/USDT ANALYSIS
As we can see from the chart mentioned above the BNB/USDT WEEKLY CANDEL is CLOSED AT THE PRICE LEVEL of $305.80.
After a weekly closing, BNB pumped almost 7.15% of the closing price.
Here we can also see that BNB is printing a bullish divergence and a good amount of volume bars so, here we can expect a next weekly close above the price level 0f $380.
Candle close below the current weekly close will be the invalidation of this chart
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
THANK YOU.
BNB/USD UPDATE: CAN REACH $250.Hey guys, welcome to this BNB update in daily TF.
BNB is possibly going to reach the lower support range ($250) in a daily TF and then bounce back. This could be a good buying range if you are thinking of entering into BNB. There is also a possibility that BNB will rally towards $400 from the current level or slightly below it. But that will happen only if the market takes a bullish turn and as per the current market scenario, the bear is leading.
So, do keep your eyes on BNB and trade safely.
#BNB/USDT 4Hr UPDATE !Hello, dear traders welcome you to this BNB/USDT 4Hr chart analysis.
Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
BNB/USDT ANALYSIS:-BNB/USDT tringle pattern break upside and the regression level downside break and retest the triangle pattern. and 2nd regression level is $326.
in BNB/USDT break the $316 and support level $275.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
THANK YOU.
BNB: INDEED A PERFECT BOUNCE.Hello traders and welcome to this BNB update once again.
If you are new to my community then a warm welcome to you on behalf of all my members and professional traders. In this community, I share updates related to the crypto market including margin trading, futures, spot, and scalping. My comments box and DMs are absolutely free for new ideas and suggestions. So, feel free to interact and share your ideas. You can be a professional trader, a noob, or anything, we are all here to learn and I believe that we can help each other.
Alright, then, let's get back to the chart.
BNB broke out, retested, and bounced back successfully. I am expecting a rally towards $400 soon. Meanwhile, BNB may drop a little close to $325 (which will be a good entry position) and gradually rally higher. The support line is at $320 and BNB must hold this level. I am still holding my 50% position on BNB and will accumulate more if it dips.
Trade setup:
Entry: $320 to $326
Stop loss: $300
Target: $360, $380, $400.
Trade safely.
BNB: A PERFECT BOUNCE OR A FAKEOUT???Hello and welcome to this BNB update in 3 hours TF.
If you are viewing my post for the first time then do not forget to like and follow. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest at my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on them or use them to understand the market.
BNB has formed an ascending triangle pattern which usually is a bullish pattern. BNB broke out, retested, and currently bouncing back perfectly from the support level. Is this a bullish confirmation? To some extent, yes, it is a bullish confirmation but considering the dominance and BTC price movement, it is always wise to wait or trade with a close SL. I am already long on BNB at around $305 and I will continue to hold it until it breaks down below the ascending triangle support level which is at my entry-level.
On the other hand, if BNB is bullish then we can expect a rally up to $350 to $400.
What do you think about the current price movement on BNB? Let me know in the comments.
Thank you, guys, for your support.
BNB: BOUNCING BACK FROM THE SUPPORT.Welcome members to this update on BNB/USD
If you are viewing my post for the first time then do not forget to like and follow. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest at my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on them or use them to understand the market.
BNB is under the falling wedge pattern and it has exactly bounced back from the lower supporting trendline. It is possible that this bounce could lead the price back to the $370 to $380 range.
Here's a strategy I am using.
1st buying range- $300 to $310
SL: $290
Target: $330 to $340 (If the price gets rejected).
2nd buying range- $250 to $270.
SL: $235.
Target: $320 to $340.
Note: This trade setup is on a daily timeframe so do not consider this as a short-term or scalping trade. This trade will be on spot and if you want to use leverage then make sure it is either 2x or 3x.
#BNB/USDT DAILY UPDATE BY CRYPTOSANDERS As I mentioned in my previous chart that there is not much change to watch on this daily time frame, BNB is still trading above the support area which is $293, and the Fibonacci Retracement Label support area at $280. There has been a bounce and the first resistance label is $360
This is not a piece of financial advice.
Then, hit the like button and share your chart in the comments section if you like it.
Thank you.
#BNB/USDT DAILY UPDATE !!Hello, members and welcome to this BNB/USDT quick chart analysis.
As I mentioned in my previous chart that there is not much change to watch on this daily time frame, BNB is still trading above the support area which is $293 and Fib Retracement Label support area at $280 and The first resistance label is $360
This is not a piece of financial advice.
Then, hit the like button and share your chart in the comment section if you like it.
thank you.
#BNB in a $50 Range, Prices Remain in a Bear Breakout FormationPast Performance of BNB
The BNB price is posting higher highs but is within a bearish breakout formation. The immediate resistance line is $320—marking May 11 highs. How BNB reacts at this level may define the short to the medium-term formation, even propping bulls after last week's dumps.
#BNB Technical Analysis
From the daily chart, BNBUSDT prices are consolidating above $220 and $270—the immediate support level. In the $50 trade zone, aggressive BNB sellers may unload on every pullback below $320 from an effort versus results perspective since price action is within the May 11 bear bar.
On the flip side, a solid close above $320 may be the foundation for a refreshing leg up to $360 in a possible retest. Based on the formation in the daily chart, risk-averse traders may wait for clear price definitions.
Losses below $270 may lead to more price dumps towards $220, continuing the primary trend set in motion on May 9.
What to Expect from #BNB?
Prices are within a $50 range, with support and resistance at $270 and $320. Losses below $270 would make the recent pullback a dead cat bounce, fanning more losses, possibly below H2 2021 lows.
Resistance level to watch out for: $320
Support level to watch out for: $270
Disclaimer: Opinions expressed are not investment advice. Do your research.
#BNB/USDT DAILY UPDATE BY CRYPTOSANDERS!!Hello, members and welcome to this BNB /USDT quick chart analysis.
In the current scenario, BNB is heading towards the lower support area of $270
As per the current scenario, if BNB holds the $294 level, we could see a rally from that level.
Now, IMO we should sit aside from the market until there is a bullish divergence.
This is not a piece of financial advice.
Then, hit the like button and share your chart in the comment section if you like it.
Thanks.
#BNB/USDT DAILY UPDATE BY CRYPTOSANDERS!!Hello, members and welcome to this BNB /USDT quick chart analysis.
In the current scenario, BNB is heading towards the lower support area of $260
As per the current scenario, if BNB holds the $270 level, we could see a rally from that level.
Now, IMO we should sit aside from the market until there is a bullish divergence.
This is not a piece of financial advice.
Then, hit the like button and share your chart in the comment section if you like it.
Thanks.
BNB Most Useful Coin of AllBinance is the biggest cryptocurrency exchange globally based on daily trading volume.
Aside from being the largest cryptocurrency exchange globally, Binance has launched a whole ecosystem of functionalities for its users.
The Binance network includes the Binance Chain, Binance Smart Chain, Binance Academy, Trust Wallet and Research projects, which all employ the powers of blockchain technology to bring new-age finance to the world.
BNB is an integral part of the successful functioning of many of the Binance sub-projects.
Therefore its arguably the most logical coin for the long term investment.
If there will be cryptocurrencies in the future, there will be Binance and Bnb for sure.
Bnb is in a strong downtrend for 6 months.
It lost around 40% of its value from near-ATH zone.
Price tried to breakout above couple times but failed.
More downside is possible if price cant breakout above the trendline with good volume.
For the short term BNB looking bearish.
But for the longer term with at least 1-2 years horizon it is one of the best crypto investments.
Important Support Areas for Daily Chart
384
374
366
356 if price breakdown with volume and stay there fore a couple of days more sellers can join to push the price down harder.
331
319
To the upside, price should breakout from the downtrend to have bullish looking chart. If price break above it we can discuss important resistance areas.
Thanks.
Follow for more ideas and charts.
#BNB/USDT UPDATE BY SANDERS!Hello, welcome to this BNB /USDT 4Hr chart update by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome to this chart.
Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on regular basis.
CHART ANALYSIS:-
In the above-mentioned chart, it is evident that BNB is trading inside the channel pattern for many days and bounced four times from the lower trend line support.
Currently it bounced from the lower trend line and is trading in a support zone.
Here I am expecting a bounce and break to this channel pattern for a short-term bullish rally.
If it breaks the support zone then this chart will be invalidated.
This is not a piece of financial advice.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
thank you.
BNB – Binance Coin Price PredictionGood morning TradingViewers,
BNB is fighting this drawn downward resistance in white, reached 460$ early this month, got rejected to 395$ and is currently trading at 420$.
I am waiting for a breakout of this trend line and once that happens my first target will be 470$. Until then, price could continue falling in the near future.
#BNB/USDT 4HOUR UPDATE BY CRYPTOSANDERSHello members, welcome to our BNB/USDT quick 4hr update.
I have tried my best to bring the best possible outcome in this chart.
As we can see from the above-mentioned chart that BNB/USDT is trading inside the channel pattern bouncing right from the lower trend line which is the strong support for BNB/USDT to be in a bull trend.
This is not a piece of financial advice.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
thank you.
#BNB/USDT WEEKLY UPDATE BY CRYPTOSANDERS Hello members welcome to BNB/USDT 1 WEEK update by CRYPTOSANDERS
I have tried my best to bring the best possible outcome in this chart.
As we can see in the above-mentioned chart that BNB is rejected from the upper trend line and currently trading in the green zone which is also a support zone.
According to the current scenario, I am expecting more correction here and can bounce from the lower trend line but BNB must hold this lower trend line for a bull trend in the upcoming weeks.
If it breaks down the lower trend line then this chart will be invalidated
This is not a piece of financial advice.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
#BNB/USDT WEEKLY UPDATE BY CRYPTOSANDERSWelcome to this quick BNB/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Hello, members welcome to the BNB/USDT chart updates by CRYPTOSANDERS.
As we mentioned in our previous chat that BNB was trading on the lower trend line and will bounce to the Yello MA or GREEN ZONE. Till now it moved in the right way.
In the current scenario, we are expecting that it will break the yellow MA and bounce all the way to the upper trend line in the upcoming days.
This is not a piece of financial advice.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...