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Bnbidea

BNB/Binance Technical Analysis and Trade IdeaMarket Context: BNB/Binance has enjoyed a strong bullish run, but monthly timeframe signals point towards the asset being overbought. Additionally, a move into previous highs on teh 1M and 1W charts hint at a possible pullback to the 50-61.8% Fibonacci retracement area. This zone often sees increased liquidity, which could attract long positions from institutional players. Potential Trade Strategies: Counter-Trend Short: Consider a short entry around the current price level, placing a stop-loss above the recent highs. Aim for a 1:1 risk-reward ratio on this trade. Fibonacci Buy: Look for a buying opportunity near the 61.8% Fibonacci retracement level, anticipating potential long positions from larger market participants. Place a stop-loss below the recent swing low and establish target levels as covered in the video. Disclaimer: The analysis presented reflects my interpretation of market conditions and is intended for educational purposes. It does not constitute financial advice. Before executing any trades, conduct your own comprehensive research and carefully consider your risk tolerance.
by tradingwithanthony
BNB Forecast & Idea✅ Risk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on trading-view, And only a few of these analyzes are my actual trades. I hope Traders consider I am not responsible for your trades and investment decision. ------------------------------ ✅ Please write any advice or suggestions. Dear friends, request any cryptocurrency pair, currencies pair for forex, and any index that you want to be analyzed and ask any questions. Thanks for your attention
Short
by Arash-RK
BNB corrective impulse might be endingSince 184$ BNB has been able to make a corrective impulse to 256$ and that means about 40% gains from bottom. To answer if the corrective impulse can continue is not a thing of technical analysis anymore, technically it can reach 300$ but it is hard to believe during a bear market. There is still a lot of FUD, social media rumours about bankruptcy of some big exchanges and there is always the common desbelief sentiment of crypto that can make possible new historical bottoms... Meanwhile I think the best option is to plan the strategy and don't get surprised if prices go higher or lower. It is really hard to predict, during these times I am just searching for the safest technical position to trade.
by Yorokobi1272
#BNB/USDT 3HR CHART UPDATE !!Hello, community members welcome to another USDT DOMINANCE chart update. If you find this update helpful, shoot the like button follow and share your views in the comment section. BNB/USDT broke above the triangle pattern and currently moving downside to retest the upper trend line. Here we can take entry if we are able to see a price level of $218 which will be the best entry according to this chart for a 30% - 35% gain in upcoming days. A candle that closes below the price level of $208 will be the exit point. You can take entry at futures or spot too. NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments. DO YOUR RESEARCH BEFORE MAKING ANY TRADES. Thank you.
Long
by Domino_Crypto
2
BNB, Binance Coin - the best zone for buying is...You can see on the chart where is a big accumulation area(230-280$ per coin). And u can see how price bounced from it. A lot of players opened positions there. If the price goes down to this zone again, it will be a good chance to open a long position on the spot. 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
by Yuriy_Bishko
8
BNB, Binance Coin - I expect on growth. Look when to buy👀Price formed a nice pattern for a long position. For the last 4 days, we squeezing near to the all-time high. And I think, it will be a good entry point only after breakout and retest to the key level. 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
Long
by Yuriy_Bishko
21
Let's look at BNB in ​​the backgroundWell first of all we already predicted several times, since its rise from 240 to the present. And its decline to 430-460 usdt, based on history and its rise to 600 for the second time. Now what does my magic ball say? Well let's see, we got it right 3 times, almost with very good precision, but let's do different ideas to develop possible clear scenarios. Let's build on history. And the patterns. They should not be ruled out either. Based on patterns, although it sounds absurd, the first bull rally looks too similar to the second, only with different volume due to the price increase. This would determine that BNB is now in a zone ready to hit 600 usdt again. Many traders tend to dismiss patterns, believing that they are not made for the sake of validity, but taking them into account is not a bad idea. Only in pattern did we know that BNB would have a decline similar to that of the previous bullish rally. To touch support at 430-460 usdt. Now let's go a bit to technical analysis. (BNB) turned down from the $ 600 resistance zone to $ 638.56 on April 21, indicating that there are strong sellers in it. And we are currently moving too close to the 20 day EMA. In past history BNB has never gone below this. This at EMA20 means that the bulls are buying BNB at this current price. Keeping it above this. BNB does not necessarily depend on BTC, we have seen that when BTC fell 52k BNB rose to 600 USD. If the bulls could push the price into a daily candle close above the more obvious resistance. It could be determined that we could go get the $800. Now let's look at the bearish side. If the bears manage to reject this attempt to bring it over the more obvious resistance. The bears could gain ground to take it to the SMA50, which could determine a price between 350-400 usdt. Now the doubt has this happened before? In the past, BNB was rejected by a second resistance in the second attempt to break the more obvious one. This led him to touch the SMA50 to start a rally, bullish, in the hypothetical case that this happens. We could see BNB at 400-500 USDT. In the red zone that I mark. If you notice the touch of SMA50, it was at a higher price, so let's get rejected by resistance 2, it doesn't necessarily represent a drop to 350 USDT. Could BNB fall due to a major correction of BTC? Yes, lately a lot of circumstances are happening in BTC. In the worst case we could see BNB touching 300 USDT. I doubt we will go below this price as there is too much demand for it. But as long as we stay above both EMA20s, SMA50s we will be fine. Now, many will tell me, Is it worth the risk? We assume that you only want to enter Spot. With $ 100 you could earn $ 60 for every 100. Or lose $ 20 for every 100. I would say that the profit and loss margin is relatively good. And the risk could be worth it. Although I would prefer to place a stop on entry. Personally, I would expect a setback to 480 and there I would enter. For those who already have BNB this could happen a setback between 638 usdt, and 611. I would wait to see if it closes above 638, if it does not succeed, I sell and I expect a setback. But I place a buy order at the same price that I sold, so in case it goes up again, I won't be left out.
Long
by UnknownUnicorn18500526
3