Bnblong
Binance Coin (BNB) Buy ZoneBinance Coin (BNB) Buy Zone
--------------------
BIAS
Long-Term : Bullish
RISK : LOW
Binance Coin currently holding our old long term key Resistance and Support levels, which bounce at least 5 percentage point anytime. On daily time frame, Binance Coin froming a bullish pattern. Binance Coin burn to take place on or before January 20th. (can happen as early as January 17th.) meaning that we’re likely about to see a Binance Coin jump of 10-15 percentage.
--------------------
$BNB/USDT SPOT SETUP
Entry Price : 519 - 532
Mid-Term
TP 1 : 540
TP 2 : 554
TP 3 : 577
TP 4 : 604
Long-Term
TP 5 : 649
TP 6 : 703
TP 7 : 764
TP 8 : 840
Stop Loss : 485
*Stop Loss - BNB daily close below 485
*Maximum 5% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
--------------------
BNB - strong buying pressure at current price levelBNB is in good position for short or even longer term trade. 3D chart is used for analysis because of better visibility of longer time period.
With buying pressure present at current support level and stop loss just under recent lows, risk/reward ration is very favorable.
Ever since big pump and expected dump after it, BNB is creating higher highs and higher lows.
Shorter term price action created descending triangle. Usually it is pattern with bearish outcome, but here considering BNB strength in recent market uncertainties and strong buying at current level, I lean more towards the bullish scenario.
For short term I'm planning trade up to the upper trendline and when it is break another one to previous ATH level.
Long term holding chunk of BNB isn't part of this trade.
BINANCE COIN LONGS 💰💰💰Expect bullish price action on BINANCE COIN as we are in a bullish market structure on a HTF, price retraced back into discount market area on fibonacci and rejected from psychological level 500$. New ATH's should be seen on this chart this is what i expect 750/800 around those levels.
What do you think ? Comment below..
BNB LONG!Hi! this is my BNB set up for the upcoming week.
TARGET 1 - 617$
Potential profit 18.75%
Target 2 - 647$
Potential profit: 24.52%
Stop Loss - 483.8$
Potential Loss: 6.89%
Hope you will like it! if you have any feedback about the chart pls feel free to tell me:)
MY IDEA ONLY NOT A FINANCIAL ADVICE!!!
Love Yall :)
OMG, there is a bearish wedge on the BNB chart. An upward wedge has formed on the BNB chart. Which statistically breaks downwards. It is also worth noting that the bulls' attempt to break the upper boundary of the wedge failed and there was a false breakdown.
According to the rules, the target of the figure = the height of the figure, in this case, it is 10%. In the case of a breakdown of the lower boundary of the wedge, there might be a good opportunity to sell. In the case of a false breakout of the 489$ level, there may 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 chart for buying area in spotin bnb for scalp area is 520 to 500 in this zone you can buy and book your profit with your own risk and rewards ratio this is very risky be careful ...and if you want to buy for long term then buy in parts first buying area is 430 and second buying area is 330 this two area is very good for buying in spot...and also do your own research...
BNBUSD Correction ScenarioBNB can be seen to have produced peaks above the major trendline, just for a correction to come back to the trendline
I am proposing that this occurs again on the third down arrow, forming another rounded type peak, pushing the price back to the trendline
A correction like this would be very healthy and hodlers should not be worried about.
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.
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.