BNB - Trade Setup (Binance Coin)BNB looks Neutral and undecided just like the other coins.
Right now that I'm posting this chart, I can feel the market is going through a little correction.
those 2 support areas can hold the price up. if you're into opening long positions, here is a setup for you.
Wait for the price to cross that resistance area and right after the closure of the first 4H candle above that line, open your long positions and aim for that TP.
I'll keep this chart updated.
Current Market Price: $312.30
Good Luck
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Bnbcoin
BNB to $1,300 by June 2022Assuming bull market continues, which I believe it will, BNB will make a push toward $1,300 by June of 2022.
There will be one more dip toward $240. This will put BNB into a symmetrical triangle pattern which can be bullish in the right circumstances (a bull market).
Fib extension predicts target price of close to $1,300. Thoughts?
Worse case scenario, bear market ensues for the next few years. What to do? Buy the dip, dollar cost average your position, and stake BNB-BUSD on pancake swap to make your passive income. All is good.
BNBUSD Seems to Bullish BUY!Binance coin BNB is now ranging its powerful support position after the Bitcoin surge. As we know, BNB is one of the biggest blockchain networks and day by day, It's getting more attention BNB will come back from its worst situation for sure by the time being. On the other hand, Binance is the world most popular crypto exchange right now. Binance CEO Changpeng Zhao (CZ) is a promising guy to me, and he won't stop in his current position as the world and technology is growing each second. So we are going to open a long position from the current price and keep hold tight.
BNBUSDT(1H CHART) Channel breakoutBNBUSDT(1H CHART) Technical Analysis Update
Channel Breakout
BNB/USDT currently trading at $327
Buy-level: Above $325
Stop loss: Below $289
Target 1: $348
Target 2: $389
Target 3: $424
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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Great buy opportunity in BNB🚀Hello guys
As we can se price is moving in Ascending triangle from few days and now it could trying to Break it out.
- Wait for the Candle closure above the Green Resistance box or enter at the Trendline of the triangle.
- Put your Stop Loss below the breakout candle or green support area.
- Take Profit: Trail it with a Trailing SL.
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BNB-USD Possible scenariosPossible scenarios I am looking at:
1. BO and retest of the highest daily close(case 1).
2. Consolidation and then BO(case 2).
3. Drop to the lower boundary of the rising wedge and then Pump(case 3).
P.S: This is NOT investment advice. This chart is meant for learning purposes only and is a part of my personal journal. Invest your capital at your own risk.
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.