BNB/BUSD Ready for $400..? what is my Chart indicates..?#BNB/BUSD TA Update:-
$BNB currently trading at $295
And Now Trading at Good Support level.
If Bull is in pur Control then We can see BNB/BUSD Price soon $350
$290 is Good support level.
So Keep an eye on this level if hold then Next Target will be $350
BNB First need to breakout $315 resistance.
After this Breakout $315 resistance we can see $400 also.
Support:- $290/$270
Resistance:- $315/$344/$370
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Bnblong
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.
BNB Buy the dip.BNBUSDT - Intraday - We look to Buy at 331.1 (stop at 314.8)
Support is located at 320.0
and should stem dips to this area.
Dips continue to attract buyers.
We look to buy dips.
Pivot support is at 325.
The medium term bias is neutral.
Our profit targets will be 378.8 and 398.8
Resistance: 360.0 / 380.0 / 400.0
Support: 345.0 / 320.0 / 310.0
BNB/USD 16 June 2021 #h1 As we see on BNB/USD chart on 16 June 2020, it pullback and reetest the importat support around 345-350 which is resistance turn support since 13 June 2021, as price around 345-350, the RSI on H1 also around oversold around 30
Trading plan: Long BNB/USD around 345-350 Target 365 , Sl 335 On H1
BNB Buy the dip.BNBUSDT - Intraday - We look to Buy at 341.1 (stop at 324.8)
Daily signals are mildly bearish.
Bespoke support is located at 340.0.
Dips continue to attract buyers.
We look to buy dips.
Our profit targets will be 388.8 and 398.8
Resistance: 380.0 / 390.0 / 400.0
Support: 340.0 / 330.0 / 320.0
BNB looks choppy, No Trade zoneBNB analysis
BNB is struggling to cross the 4-hour resistance but respecting the uptrend line. The triangle is now at deciding zone and we will see a breakout on either side soon. Either buy after the upward breakout confirmation or wait for a downward breakout, if BNB breaks downward we will see $350 levels. The major support level is $300-$310 area. Wait for a breakout or trade with tight stop loss.
BNB/USD at the CrossroadsWait for the step-out from the triangle formation and then BUY / SELL.
TARGET LONG
$500
$600
TARGET SHORT
$310
BNB Possible Long!BNB has a high probability of being a good Long. Let me explain my reasons.
First of all, if we apply the Fibonacci retracement from the beginning of the parabolic bullish movement we can notice a great growth in BNB being that this retracement has led it to test 0.618% which is a fairly good zone in liquid currencies to initiate a possible Long . This means that BNB has a high probability of staying above these levels. In the hypothetical case that BTC and the bulls manage to reduce the bearish force a bit.
If we talk about indicators we can denote that the RSI has touched the lowest levels since the beginning of the bearish in all cryptocurrencies due to the panic. Currently the reports show strong purchases, but the bearish force is still there and everything indicates that they do not think to reduce their trend. But the RSI indicates oversold and is starting to regain strength, if we manage to retake the 50 level, it could be a good sign for the bulls.
What worries me a bit is the MACD issue, as we see this fall, it led BNB to bearish levels that it had never had before, taking it to the value of -65. This being quite negative, currently in the macd we can see loss of bearish strength, but are they really losing strength?, The values are still negative, this could be a false upside at this point.
If we talk about supports and resistances we can denote that we have tested the support that BNB took at the beginning of the bullish from 240 to 600. This being a clear buying force at these levels.
And based on MD Lines we could say that we already started a bullish of 6-9 candles, currently we have 2, I would expect the 537 level as a target since in this area, we can see quite a strong selling force. Which could indicate that the bears are waiting to open more positions.
Currently in BTC there are 1087 shorts according to CFTC. So personally I'm not that positive, but the bulls are gaining ground. I will open a small position using 2x and settlement at 0. It should also be added that we can visualize a perfect test of the 200-day moving average, which gives me some confidence to open this position.