BNB TODAY ANALYSIS - 3/1/21BINANCE:BNBUSDT
Bnb did rise again after the unexpected BTC move that pushed the price back up to 255 support.
However, it was not able to break it, as the RSI starts to show weakness, but with a pinch of hope.
Bitcoin faith will deciede if we move higher or not, but too much confidence is flooding the market after this recovery, wich might be a warning sign.
I would not be surprised if we retrace to the 191$ during the next 24 hours, and by then it would make a perfect entry point.
Howerver, BNB is highly manipulated. An unexpected pump is never excluded on this one.
Make sure you protect your profits anytime.
Don't short BNB, never.
Buy now and take a chance, or wait, as i recommend the fall to the lower support, wich is the most probable scenario.
Thanks for reading and please consider leaving a like if you believe this makes sense.
Have a great day.
Bnblong
BNBEUR - short term analysis BNB have seen a very rapid and abrupt surge in the recent time, for this reason is very complicated to find what will be support or resistance levels. I think in the past few days we have seen the bulk of profit takings and now we are ready for a new surge in the price. As I was saying the surge has been abrupt and extremely fast for that also the fell has been of similar nature but now we can see a stop and some sideway action that could lead to a consolidation around the current price range. if the consolidation succeed we are in for a new uptrend and a possible retesting of the previous ATH.
BNB: What Direction Shall IT BEGood day money makers!
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- Currently, we have confirmed an Elliot Triangle Wave(ABCDE)
-This could confirm a further down movement!
-But as things are with crypto, this could also turn into an uptrend so be on the lookout for that!
- Next targets: Shart A, Short B
- High buy volume between 180 - 200
- I do expect the price to drop, however, I am also ready to go long
- Currently, I have withdrawn all my crypto to USDT and will only re-invest when we get more confirmation
- This is just my current idea.
- I can be wrong a 1000%.
- There is always a huge chance of different patterns taking shape in these ever-changing charts.
- Trade responsibly.
- Be focused.
- Have a plan.
- Stick to the plan.
- No FOMO.
- Take the time to study YOUR own charts and come up with your own ideas as you are going to trade with your money.
- Never trade what you are not willing to lose
- Remember Stop-loss is your friend.
- Smile!
- Good Trading and Good Luck
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BNB Futures - Short term predictionUsing resistance and support analysis combined with trend lines I think BNB have broken its trend and is due to a new rally. The new rally could be shortly lived if it fail to break the resistance at 310 in which case we could see it tumble down toward it's first support line, that I believe to maintain a certain strength even after yesterday breaking or even the main support in case of a turn in the whole market.
BNB - 4h. The BNB can rebound by 45%The sharp collapse of the entire crypto market has caused panic among many investors. The pink glasses broke very quickly due to fear and disappointment.
However, the BNB coin holds up well in the midst of bear chaos. As we can see in the chart, the BNBUSDT price is moving in the correction channel. The current 4 hours can be closed with a hairpin down and on large volumes .
This fact indicates a high probability of a rebound in the price of BNB to $250-270. The test of this mark will not yet indicate the completion of the correction in the BNB market. However, growth of 45% can be a good trade.
It is worth waiting for the right moment and do not forget to stop. It is dangerous to trade on a deposit in such a market without stops.
P.S. Our previous BNB idea worked out perfectly:
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BNBUSDT (Flag Pattern)BNBUSDT (4H CHART) Technical Analysis Update
Flag Pattern
BNB/USDT currently trading at $265
Buy-level: 245$ to 265$ (only enter long if 4h candle closes above 260)
Stop loss: below $185
Target 1: $340
Target 2: $450
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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BNBUSDT: Can We Hit My Next Target?Good day money makers!
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- We have Hit every target of my previous ideas with extremely high accuracy
- Currently, there is a Head and Shoulders forming on the short and medium time frames!
-This could confirm a further down movement!
- We need to go above the green trend0line to start a new uptrend!
- If we fall below the orange trend-line, the next target will be hit!
- Next target will be 130-160
- High buy volume at 150-200
- This is just my current idea.
- There is always a huge chance of different patterns taking shape in these ever-changing charts.
- Trade responsibly.
- Be focused.
- Have a plan.
- Stick to the plan.
- No FOMO.
- Take the time to study YOUR own charts and come up with your own ideas as you are going to trade with your money.
- Never trade what you are not willing to lose
- Remember Stop-loss is your friend.
- Smile!
- Good Trading and Good Luck
If you Find my Charts useful please consider a follow and a thumbs-up as it motivates me to share and grow with you!
BNB can survive the crypto bearish marketThe latest risers in crypto market such as BNB - DOT etc. all crashed in price when this bearish trend ends they can continue a healthy bullish pattern. Stop loss depending on margin . I dont recommend trading LONG on high margin on chart. adjust stop loss as you want but my optimistic target is to BNB be 360 .
New price levels for BNBUSDT 4H - ATH is here!Technical analysis regarding the price of BINANCE COIN in relation of dollar Tether for the next scenarios, based on 4 hour movement.
disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
Any questions do not hesitate to contact me. I'm happy to be able to help you in the best way I can. 🙏
Binance Coin to 500$i learned something with time in tradining, do not touch something went up already!!, if you miss the train, you don't try to grab like mad when it pass, you wait next one.
so BNB Rushed to 350$ so quick and so strong, why ? because we have a strong FOMO on Binance Chain, less fees, Swap tokens cheapers, liquidity pools.
it have also same supplies BTC King and they Burn BNB. So yeah it have to up...
So for now we can see we have a strong demand Zone around 250$ (38.2 Fibo Retracement) but imo i won't touch it and wait. it's good to gamble but its better to think a bit.
if we miss and BNB start to pump more, well we will take the next train..
So if BNB down this the way to play it :
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Buy Zones :
- 220$ ( Fibo retrace 50 - Some will try to get BNB at this price thinking it will not back to 200$ )
- 200$ ( EMA50 H4 - Acting as Strong Support for now - Fibo retrace 61.8)
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Take Profits :
- TP1 : 390$ ( Security TP at least Take Profit 50% of your invest)
- TP2 : 480$ ( Lower than 500$ !)
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Stop Loss :
180$ or keep some juice to rebuy around 150$ (EMA100 H4).
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Like always follow BTC moves cuz it can shakeout all markets ! Be Safe !
Happy Tr4Ding !
BNB/USDT Ascending Triangle - 30 min time frame
- Giant flagpole
- Ascending Triangle
- Might see a retracement to 260-280
- Current SL will be activated at about 270
- If we break out above the current triangle, TP at 340-360
- It's your money, It's your move... This is just my Idea.
- No Financial advice