Set Up for BNB (BinanceCoin)There is a reversed head and shoulders pattern in BNB at the very key point.
Breaking above this struckter will cause BNB to claim daily Orderblock left many days ago.
I left an example position for long entry.
I actually don't recommend a stoploss before closing daily candle below the stoploss level I created but it's your decition.
There is also a short term target for BNB if you are a scalper which is 617 currently the liqudation area.
Good luck.
Bnblongsetup
Long on BNB-USDI'm looking for a high of $310 on the day. I'm not expecting it to do much more than trade sideways. If the preliminary support can be viewed as such, than I suspect we may see a breakout. Bare in mind as we close out Q1, that at the end of Q2 there is a forecasted burn. Which is why you'll see recovery from downtrends.
Around this time approximately>>> 2022 : $375.04 USD | 2021 : $228 USD | 2020 : $20:39 USD
Current Total Crypto Market Dominance: approximately 4.51%
Opinion on regulatory climate: I'm going to accumulate regardless of "news", or "rumors"... I'm aware of the scrutiny surrounding PAXO's... and I'm unbothered by it. It's good to know, but it hasn't changed my perspective to accumulate as much BNB as possible ahead of the Litecoin & Bitcoin Halvings. I'm aware of the 200 jurisdictions having signed onto an FATF agreement to regulate crypto.... the delegates actually did agree on introducing implementation on FATF standards... so the industry will see an introduction of a framework that largely benefits exchange operators such as Binance. How so?... it wont come into effect until the second quarter of 2024. Exchanges have a full year to work with, and adjust to a new global regulatory climate. Those whom are new to market will see the space as "cleaning up"... i welcome it.
BNB Chain deployed the most dApps in 2022. BNB Chain deployed 2,163 dApps
Global Expansion:
Q1 Observations -
- CZ plans to expand Binance headcount by 33% in 2023
- CZ suggests algorithmic stable coins may reemerge (a multichain stable)
- Tripling of validators too a set of 100
- Introduced third chain; BNB Greenfield + Optimism Roll Ups
EOY Guess: Last Bull Run vs this "Mega Bull Run".... i think BNB on the low end touches $900, on the bullish side it crosses $1200 USD, settling to $797 at the conclusion of the bullrun mid Q2 of 2024.
BNB Idea for 24 August, 2022 - Trade setup276-283 is an important level. There are two possibilites at that level:
1. I will go long at 283, with a stop loss at 275.5 with a target of 315.
2. It could also form a head and sholder pattern, causing the price to go lower to 235 levels. If I get stopped out at 275.5, I might take a trade in the short side.
#BNB/USDT 4HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
BNB /USDT UPDATE!
BNB/USDT ascending triangle pattern creates an upper trade line retest and buy the green zone. and bnb/usdt long-term hold asset.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
#BNB/USDT 4HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
BNB UPDATE:)
As we can see from the above-mentioned chart that BNB is currently on a path to print an inverse head and shoulder pattern and currently trading on a green support zone.
A bounce is likely from the green support level which is range between $200 - $207.
Let's see how BNB performs in the upcoming days.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
THANK YOU.
#BNB/USDT WEEKLY UPDATE!!Hello, dear traders welcome you to this BNB/USDT Weekly chart analysis.
Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
#BNB/USDT ANALYSIS
As we can see from the chart mentioned above the BNB/USDT WEEKLY CANDEL is CLOSED AT THE PRICE LEVEL of $305.80.
After a weekly closing, BNB pumped almost 7.15% of the closing price.
Here we can also see that BNB is printing a bullish divergence and a good amount of volume bars so, here we can expect a next weekly close above the price level 0f $380.
Candle close below the current weekly close will be the invalidation of this chart
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
THANK YOU.
BNB/USDT 1HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick BNB/USDT analysis.
I have tried my best to bring the best possible outcome to this chart.
Hello Everyone
bnd/usdt update welcome to you as we know today bnb/usdt has created falling wedge pattern which is getting pumped back by retest we can long bnb/usdt from here and put stoploss.
long entry:-$370,$380
target:-15% to 20%
stop loss:-$364
with leverage :- 5x to 10x
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
BNB/USDT 4HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick BNB/USDT analysis.
I have tried my best to bring the best possible outcome to this chart.
BNB/USDT is looking bullish and falling wage pattern and buy the dip green zone
BNB/USDT is back on entry. BnB can long from here if breaks the downside red zone then stop loss $344
entry:-$362
$376
target;-$423
$384
$395
$405
$417
$432
stoploss:-$344
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
BNB/USDT 4HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick BNB/USDT analysis.
I have tried my best to bring the best possible outcome to this chart.
BNB/USDT is looking bullish and falling wage pattern and buys the dip green zone
BNB/USDT is back on entry. BnB can long from here if breaks the downside red zone then stop loss $370
entry:-$390
$405
target;-$423
$439
$456
$472
$500
stoploss:-$370
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
BNB/USSDT 4HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick BNB/USDT analysis.
I have tried my best to bring the best possible outcome to this chart.
BNB/USDT is looking bullish and falling wage pattern and buys the dip green zone
BNB/USDT is back on entry. BnB can long from here if breaks the downside red zone then stop loss $383.5
entry:-$395
$410
target;-$423
$439
$456
$472
$500
stoploss:-$385
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
BNB AnalysisHere's a quick look at BNB 1hr chart . As we can see, the price has been showing a trend line support and moving also in the symmetrical triangle.
Now its time to wait and hold it
Definitely one to keep an eye o n .
The best entry at Support level , also on trend support and after breakout and retest .
Targets
1 643$
2 655$
3 671$
4 700$
BNB/USDT - potential 277 long term setupHello, traders!
BNB is another great asset for a medium to long term portfolio.
The token continues its business cycle and has corrected to March 2021 price levels.
A buy position can be gained in three portions:
20% volume in the $250 to $280 range
30% of volume in the $180 - $210 range
50% of the volume in the $120 - $145 range
Stop Loss range of $68 - $93
Targets would be levels of
$130
$486
$600
$678
Risk/profit ratio is above 4, - which is more than good
P.S. This is an educational analysis that shall not be considered financial advice
BNB/USDTBINANCE:BNBUSDT
If you look closely at the price, you will see that in addition to that
The Fibonacci level is in the way of the midline
The price channel is in front of it and the next point is this
That the downtrend of this currency is over and
Fibonacci level break can be a price throwing platform
Towards the canal roof