Bnblong
LONG $BNB Binance Targets are $730 to $850 Bears will get REKTAt this rate, it’s very tough to be bearish Binance.
I’m highly confident $BNB will hit the targets on this chart within a few months.
Now, as with any position or trade, practice good risk management. There’s a possibility that I’m wrong and I’m prepared to take a small loss if that’s the case.
However, bulls seem to be in control:
1. 4 hours Ichimoku Cloud is bullish. Price was supported by the cloud on three separate occasions and failed to break down below. Bullish TK cross. Bullish Lagging span. Green Cloud. Bullish.
2. we seem to be painting a semi-Adam & Eve type structure. These structures when confirmed at the top by a breakout have a 69% success rate and climb on average 43% in the target direction or at least a 1/1 move.
3. The overall market seems to be bullish alongside bitcoin. BTC dominance is dropping and ETH/BTC chart also paints new highs. Alts are in control.
4. The VPVR (Visible Range on the right) has painted MASSIVE support below current price and it’s unlikely we will break below this volume.
5. Price broke out above previous highs and new 4 hr candles have formed and supported above $596
Hard not to be bullish. however it is possible price breaks back down from here to stop-out any last longs.
I remain a Buyer from price ranges of 560 - 580.
My first targets will be $745 and $835 Respectively.
Also, it’s possible we see some large wicks in either direction at $745 range.
We may not even reach $835+ which I have denoted in different color lines. practice caution if you enter at that red line above or near my first target because the Risk to Reward is greater.
If you’re trading contracts or futures, be sure to set your stops and manage positions.
If you’re buying spot, now is a good time to add to your portfolio.
BNB going towards $1000?BNB breaks the horizontal resistance and now trading above it. The horizontal resistance is tested multiple times and finally, BNB gets a breakout. BNB will start price discovery after it breaks the previous all-time high. Don't be surprised if you see BNB at $1,000 in this bull run.
If you have BNB hold with stop loss and if you looking for a new entry must use a stop loss of 7-9% below your buying price.
BNB is again starting countdown to explode after a month!Here is the #BNBUSDT Daily Timeframe chart and you can see a Big W-reversal Pattern which is a sign that Bulls are refuelling themselves to push BNB to a new HIGH!
A month ago, I gave the signal of BNB to start its big move. And yes, it did from $313 to $630!
Here is that idea:
Again, I'm up with the #BNB signal! According to analysis, if BNB crosses the $610-$620 region with high volume, then it will make a new All-Time High!
Good luck and Happy Trading!
#SyedMuneebAli
Quick Update on BNBA quick update for you guys, its been a long time, I apologize for the MIA due to school and university duties and studies. Will be posting some quick updates now and then for quick profits : )
Highly bullish, forecast to dip back down to maybe 30.5 or 30 range before bouncing back up to our next target near 33.5
BUY THE DIP SELL THE HIGH
BNB/USDT Ready for $800 or $300 ... must read with carefully#BNB/USDT TA Update:-
$BNB currently trading at $593
And went upto $615
As per my TA short position is exited at $590 ( which was our stop loss )
Now...?
Keep an eye on $590 level.
If price sustained above $590 then we can see $800 also.
But if again close below $575 then again I will Bearish.
So I always suggest trade only after confirmation.
I never want anyone loose your fund.
Level for Watch:-
Support:- $575/$430
Resistance:- No resistance
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Binance coin 4 hours Update (BNBUSDT)Binance coin has finished it's correction and now is going to make another wave started above 600$.
It breaks triangle pattern with an ABC correction.
look for a position at price above 600 $ and then go Long.
the Target is 930-980 $ in afew month. the ratio is 1:7 .
Good luck
Don't forget money management.
Drop like to give us energy.