BNB wants to fall more, What's the next move?#BNB Short term Analysis
BNB in going to have more correction up to lower support trend line, As you can see bear trap is expected.
603$ is a important resistance for BNB and reclaiming that level can help BNB to grow faster.
A wedge pattern has formed on the BNB chart and a breakout from upper side is expected.
Bnblong
Is BNBUSD Heading That Way? BNBUSD and BTCUSD give me very similar vibes
This is shown through structural formations and the ability to sketch a parabolic uptrend with the recent higher lows that have been presented
The comparison is with 2017 BTC and its parabolic run
Sometimes I find it strange how moves like this can repeat themselves (supposedly)
It will be interesting to see how this plays out, and if it is actually a parabolic uptrend forming.
Above is another chart showing a comparison to BTCUSD
However this comparison is earlier in BTC's history
Price seems to have skipped a step in BTC's growth, moving straight to the parabolic uptrend that was seen in 2017.
BNBUSDT - Enjoy 🚀🚀🚀 (1H Signal)BNB situation is very good for a scalping, If bnb broken 632USDT we will see like a 652USDT, if not we will test agane 602USDT
in my opinion this situation are good for a working small timeframe, just you need to wait and understood trendline
Follow me, its good IDEA :D
BNB all time highBNB (binance coin) broke resistance at $620 after some consolidation between $600 and $620. It hit all-time-high of $670 earlier and now is at $660. All my posts on crypto has been on BTC, ETH, BNB and SOL (all of which has performed really well). Congrats to those who have held any of these. Do remember to practice caution and always diversify.
BNBUSDT MAY GO LONG ACCORDING TO MY TECHNICALS (30/10/2021)Educational Analysis says BNBUSDT may go LONG according to my technical.
This is not an entry signal. I have no concern with your profit and loss from this analysis.
Why short?
On 4HR AND 1HR timeframe pair is making lower high and higher high which make break of previous structure.
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS.
ENTRY 527.1
STOP-LOSS 486.3 (40.8 Pips)
TAKE PROFIT 605.8 (78.7 Pips)
RISK TO REWARD RATIO IS 1:1.93
BNB/USDT 4HOUR UPDATEWelcome to this quick
bnb/usdt analysis.
I have tried my best to bring the best possible outcome me in this chart.
Reason of trade :-bnb/usdt is bullish falling wedge
Entry:- cmp And buy the dip in green zone
Traget:- 25% to 30%
Stoploss:- $546
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/USDT : Broke above the resistance zone, Cup & Handle formed BINANCE:BNBUSDT
Hello everyone 😃
Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it !
#BNB has formed a -cup & handle- recently and now it just broke above the major resistance zone.
Based on pattern's target, The depth of the pattern has measured around 105% ( 261 unit ) which is showing the minimum target of 56% ( 285 unit ) growth !
Also based on FIB retracement and FIB extension :
#BNB has retraced to 61.8% FIB's level after peaking high at $518.9 !
- So it means that #BNB is having a logical bullish bias and it's ready for next leg up after retesting the FIB's level.
Now Based on FIB extension levels, The main target of retracement is $792, Which is greatly matched with the pattern's minimum target !
And also it can surge to $1013.3 as the last target remains there...
But $792 is a logical target to lay on, But you need to manage the risks and have the lower targets on the surges of #BNB.
🔴 Any close below the broken resistance zone ( 100% FIB's level is located there neither ! ) will invalidate the bullish bias for #BNB !!!
Hope you enjoyed the content I created, You can support us with your likes and comments !
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
BNBUSDT UPdateBNB is setting up for some good progress to higher price levels. It has broken out of a recent triangle pattern and then came back to retest the upper resistance turning it into support. There is little resistance now above it until it reaches its previous all-time high. I would however expect to see some reaction at the 0.786 Fib level which is really the only thing standing between it and its all-time high.
BNB LONGBNB did created a Supply zone on weekly where price can fell badly if structure start shifting. But with fundamental help we just can have a clean break above and continuation.
BNB in my knowledge can rally towards ETH.
BNB Gaming & play to earn development will make BNB build strong hold in future. I can see BNB around 5K next year & above.
BNB Coin- New leg up above 20k?Since the drop from 22k ATH, BNB Coin was trading very constructive and after the double bottom in 7k zone is putting in higher lows on our chart.
Yesterday the coin has broken above 17 zone resistance and now is trading at 17600
Dips towards 17k should be bought for a target at 22k ATH
This scenario is negated under 16k
BNB a new price level and an attempt at defenseAfter a long price stagnation, BNB broke the new price level and we will now observe whether the trend will continue or whether we will return to the old price level
BNB/USDT Ready for $3000 after Huge Breakout#BNB Supper Bullish After This Breakout.
Waiting for Huge Target.
Strong Resistance Became strong Support at $500
Currently BNB Broke out $507 Strong resistance and now Toward bullish Targets.
If dip around $500-$510 then That will be good entry zone.
Support: $508/$440
Binance coin- to challenge ATH soonIt was a very good month also for Binance coin and the new crypto enthusiasm has driven the price from 300usd to 500usd.
Now the coin is trading just under very important 500usd resistance and I expect a break to the upside that could lead to price to the old ATH and even higher.
440 is strong floor for this coin and only a break under would change my bullish opinion