BNB/USD - Binance pumps $1 billion into BSC chain. Moon next! 🚀Binance has initiated a $1 billion growth fund for Binance Smart Chain, in aid of accelerating the adoption of digital assets and blockchain technology.
Are you hyped?
This is a HUGE bullish news for Binance Coin. Basically the Binance Smart Chain is what took BNB from $10 to $690. With an extra billion investment into the coin, Binance seems serious to make a big dent into ETH ecosystem.
How far can BNB go? Anywhere between $1,000 and $1,500 is a good target. Adoption leads to price increase and in this case it is very clear, the largest crypto exchange will pump BNB as much as possible.
On this news BNB jumped to $460 and now price is brushing off a key resistance as shown in the chart. Normally we can expect a rejection here before a serious attempt to break out.
As soon as we break out, the race for a new ATH will start and with a billion in its pocket BNB can go up very fast...
The indicators and the timing of this announcement look primed for future gains. Bias is very bullish on this coin.
Never a bad idea to hold some BNB, particularly if you use Binance.
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BNBBTC
$BNB/BTC 4h (Binance Spot) Falling broadening wedge breakoutBinance Coin is recovering and just regained 200MA support, bullish continuation is in play!
"Binary Finance" combines Centralized and Decentralized exchanges thanks to Binance Smart Chain, more info on binance.com
If you know how to trade in Binance Margin, you can use up to 3x leverage for that set-up.
Current Price= 0.009087
Buy Entry= 0.009030 - 0.008868
Take Profit= 0.009571 | 0.010120 | 0.010808
Stop Loss= 0.008533
Risk/Reward= 1:1.5 | 1:2.81 | 1:4.47
Expected Profit= +6.95% | +13.09% | +20.77%
Possible Loss= -4.65%
Fib. Retracement= 1.117 | 1.414 | 1.764
Margin Leverage= 1x | 2x | 3x
Estimated Gain-time= 3 weeks
Trading Signal For BNBBTC Trading Signal:
A Trading Signal is seen in the BNBBTC Binance Coin
Traders can open their Buy Trades NOW
Rank : ⭐️⭐️
⬆️Buy now or Buy on 0.0070
⭕️SL: Close below 0.0065
🔵TP1 @ 0.0085
🔵TP2 @ 0.0105
🔵TP3 @ 0.0125
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BNBUSDT Technical Analysis
⏳ Spot
💎 BNBUSDT has formed a falling wedge and the price is near a significant resistance. it might go down to the Pullback zone and starts to go higher or after the breakout can continue the Bullish move
🌐 Tradingview
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 388.0
☕️ TP1 432.0
🍺 TP2 457.0
🍻 TP3 503.0
🍾 TP4 555.0
🍷 TP5 600.0
🍸 TP6 _____
🍹 TP7 _____
🎁 TP8 _____
🚫 SL 369.0
Good Luck 🎲
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BNB USDTThe supply zone is a strong support area. I don't think this area will break. In the area I indicated in the green circle, single-digit prices will work as support. for exp 400-390-380 etc.
Supply zone should be protected by following btc. If prices continue to break down within the BNB supply zone area, but btc is up-trend signaling , this zone is safe.
Rsi divergences should be checked when the price breaks below 370. In this way, you can decide on your position in fake decreases or rises.
You should also follow BTC. A safe price range is acceptable in the BTC 52-49 range.
Falling below 49 will force the supply zone of bnb.
Check support and resistance from my BTC analysis.
Because all altcoins move according to btc.
NOTE: This is not investment advice.
BNBUSDT , What should we do this time ???Hello everybody
We are in weekend of financial market but not Crypto market
In here we have one of the complicated chart for analysing because of the movement
After last analysis we published it the market exactly move and react to the support and resistance zone
There is a upward channel but in here we see the channel is broken but if we check the trend in this time frame and the lower time frame there was supported and we have two hammer and ascending cover , we think it has nice R/r to buy
Dont forget stop loss because the market can change the trend and fall down
Good Luck
Abtin
BNB/USDT 4HOUR UPDATE Welcome to this quick bnb /usdt analysis.
I have tried my best to bring the best possible outcome me in this chart.
Entry:- 419$,432$
Traget:-
T1:- 443$,
T2:- 486$,
Stoploss:- 407$,
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my english it is not my native languages.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
BNB/USDTBNB is now at resistance and struggling to get a breakout.
BNB rejected from $435 - $440 resistance multiple times and this is the key level to flip.
If BTC able to flip this level then we see a rally towards $500 resistance. The support for now is $390 - $400 area and we may see a possible retest of this area. The major support is near $330 area. Keep an eye on the $440 resistance breakout and buy on the retest.
BNB Analysis | Short TermHi Guys 🍀
Binance Coin has been pushing the BB bands up since 3 days ago.
But since a few hours ago BNB got rejected by resistance and fell on the middle BB. That middle Band is working as support but if the price fell more, there are two blue lines as support.
The resistance lines are strong. But we have good Buy Signals in the market considering the MACD and market volumes.
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BNB Analysis | Short TermHi Guys 🍀
Binance Coin had corrections since two days ago and confirmed a good support level.
MACD and BB are showing the price is at a risky level right now. The Middle BB can be effective to push the price back down.
The resistance lines are strong too. I think since BNB had breakouts this can be the time for consolidating the price on a solid support before passing resistance.
Tell me if this chart helped you
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Binance BNBUSD - 3x ascending channel + Elliott Wave- Binance Coin - BNB Rank #3 on CoinMarketCap.
- BNB is by far one of the most bullish altcoin out there!
- My impulse Elliott wave is telling me that there will be another pump very soon.
- 3x Parallel channel can act as a support / resistance in the future.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
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BNB USDT I expect very good performance this year for BNB.
Talking on the current chart, I expect another small pullback.
and
It will return, giving the impression of rising. I don't think you can go back without creating a final test and pattern.
If we talk about these patterns, we can draw several different patterns.
The first scenario is the flag pattern;
If it happens as I think, the price will pull back to the 400 levels and it will start to up-trend from there. If the price rebounds to 415 and above, a flag pattern will emerge.
If this happens, it appears as both the retracement of the previous harmonic pattern and the elliot wave 0.618 retracement.
If we consider the previous supply zone, it will not be too difficult for the targets to see 500 and 600 dollars, respectively.
Another alternative model is the shoulder and head.
this can give us information about their resistance in the short term.
If it catches a decrease as I expect and returns to the price levels I specified, I believe that we can see this pattern.
for this it will be possible to confirm by checking the volume candles.
BNB - where better to buy?Bitcoin has corrected by 6% over the day, while altcoins have corrected by more than 10%.
BNB has also corrected by almost 10%. This is a strong drop in price, but BNB could go even lower. On the chart, I have marked the nearest liquidity zones where the price could come in. If the price comes to these zones, it would be a good buying opportunity.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
BNB - when is the best time to buy 🤔❓❓BNB tried to break the support level and consolidate below but failed. Every drop was bought back. Pulling up to the trend line again.
This is a signal for a breakout and a rise. If price starts to squeezing to the trend line, breaks it, and tests it as support, that would be a good buying opportunity.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
BNB Analysis | Short TermHi Guys 🍀
Binance Coin has been bullish and passed many resistance levels.
If you check MACD and different platforms you can see that it's still showing Buy signals so I think this coin has some room left to test the resistance level.
The resistance levels moved a little higher which shows that the market on BNB is strong.
And if you noticed, candles are push the BB higher which is a good bullish sign for your positions.
Tell me if this chart helped you
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BNB - when is the best time to buy 🤔❓❓BNB is now approaching the local trend line. If the price starts to squeeze near this trend line, it will be a signal for a breakout. A good buying opportunity would be after a breakout or a retest of the trend line as support. Above marked potential liquidity zone.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
BNB Analysis | Short TermHi Guys 🍀
Binance Coin maintained its price in that area after the breakout, so now we are sure that it was a bullish move with confirmations.
The resistance levels moved a little higher which shows that the market on BNB is strong. Maybe we see some drops or corrections but we have built good and strong support levels for our prices so we don't need to worry that much.
Everything is neutral now in BNB so we can expect to see the price going sideways today for a few hours.
And if you noticed, candles touched support on BB, so there might be a chance of short term bullish movements.
Tell me if this chart helped you
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