Bnblong
BNB/USDT : Possibility for breakout and MACD is being bullish BINANCE:BNBUSDT
Hello everyone 😃
BNB has formed a symmetrical triangle and now it's reaching the verge of triangle.
MA50 is above movement now and it's acting as a resistance for BNB, So there will be a rejection on this triangle...
MACD has been moving on bearish side for 3 days now; MA100 has reached $580 level.
So we might see a pullback if BNB reached that zone !
$610 - $580 is acting as a stiff support zone for BNB on MACRO view and there will be a minor support zone on MICRO view on current zone ( $590 - $597 ).
Also MA100 has reached this level and MA200 is planning to test this level in next days. So it seems that bulls will manage to make a reversal point for BNB on this zone !
🔰 There is a chance for BNB to break this triangle from current level and bounce after a retest.
🔴 Have to mention that BTC has reached the resistance level and it could be bad for ALTs if BT rejects to break higher level again ! Trade with caution.
Any rejection below MA200 can makes BNB extreme bearish !
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@Helical_Trades
BNB Bullish opportunity, we are in uptrend channel line!As we can see in the chart we have a good bullish oportunity in mid or long term condition. In the chart we are in a uptrend channel and price is oscilating in a bullish triangle pattern. so we can expect price can go up to 1340$ in mid or long term situation.
BNB Buy the dip.BNBUSDT - Intraday - We look to Buy at 595.2 (stop at 565.5)
Daily signals are bullish.
The primary trend remains bullish.
We can see no technical reason for a change of trend.
Previous resistance, now becomes support at 600.0.
We look to buy dips.
We look for gains to be extended today.
Our profit targets will be 696.9 and 726.6
Resistance: 638.6 / 650.0 / 700.0
Support: 600.0 / 580.0 / 550.0
BNB Break Strong Resistance!By 04/05/2021, there are three hottest cryptocurrencies, specially BNB. BNB break the resistance and make a new support yesterday for $638. The price is above moving average that is great and already hit the new support. So my target price is $713.3914, which is in harmonic price (1.618), and you have to enter now because the morning star confirmed in tf-15/tf-30. It needs 2-3 bounce to hit the target. So you decide to want to entry now or later.
BNB/USDT ( Binance Coin ) Ready for $900#BNB/USDT TA Update:-
$BNB currently trading at $651
And hope you all exited from short positions when it broke upward $590
And I also told you if Breakout $590 then we can see $800 also.
So now BNB bullish.
And Above support my Target will be $780/$897
So watching points:-
Support:- $636/$596
Resistance:- $680 / Moon
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Binance Coin (BNB) Touches New ATH: What's Next?Greeting from IRAN to whole trading community 💙✔
Straight to the point , BNB is fully prepared to explore new price records
BNB has achieved a new ATH 2 days ago , after that price tried 600$ level 2 times and could maintain above 600$ major level
Price is moving through a new uptrend (Red Dotted Line) , so BNB is getting ready to attack to its ATH
KEEP IT SIMPLE :)
BNB to $700 shortly!Binance coin has closed 4h candle today in new all time high, making first close above $600!
These are very bullish news and I can solely on this can say that BNB will move higher.
Price broke above pivot high at $613.9
RSI found support at 60 and continues to move higher meaning demand is increasing and momentum is present.
Daily MACD is about to give a buy signal today, no confirmation yet.
I don't see a reason for a change of trend.
Good luck!
PS.
Not a financial advice :)
"BNB IS DOMINATING"Greeting from IRAN to whole trading community 💙✔
First of all i want to note that Binance burned a total of 1,099,888 BNB, equivalent to $595,314,380 (USD) worth of tokens!!!!
BNB achieved to make a new ATH 10 days ago ( 12th April )
After that BNB started a retracement move through a major downtrend ( Dotted red line )
A powerful breakout happened and BNB started to make new higher highs
Price is moving through a new uptrend
Fundamental and Technical situation is great for BNB to attack to its ATH
This burn effectively took $595,314,380 worth of BNB out of circulation forever , So should we expect a new ATH?
TP1 : 600$
TP2 : 638$
SL : 520$
KEEP IT SIMPLE :)
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.