BNB Binance Coin (Long Term)Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions. I suggest you keep this pair on your watch list and see if the rules of your strategy are satisfied.
Today I want to talk about BNBUSD
Before that, I want to remember It's not financial advice.
I'm just sharing my view and opinion of the chart. Please do your own research.
As seen on the chart The price is in the Support zone and I expect the price to react to this support again. But if the price loses this support zone everything will be difficult and the situation will be changed.
This causes a drop in the market, which, as you know, can lead to a FUD in the market. so I expect we lose the first support zone at around 185 USD and move to 60-70 USD and if the second support zone one cannot support correctly the last support is almost 30 USD It's a fabulous zone to buy and Hold BNB for a long time.
We will never see this price anymore. In other words, I have to say BNB has a very high target in a bull market. Buy BNB and Enjoy
Please like, follow, share, and comment if you enjoy this Idea, Also share your ideas and charts in the comments.
Wish you health and wealth.
I hope you will fulfill your ambitions.
Sincerely Yours
Bnbshortposition
BNB Big usles Sell Greetings to all my dear friends, I have done a BNB coin analysis for you.
In this analysis, we want to take the sell of BNB and our entry point is $240.69 and $245.24, as well as the desired targets are $229.40, $216.27 and 193.
It will be $82. The loss limit that we have set is $252.40.
Also, we will enter this transaction with 50% of the original capital.
Good luck, dear Manouchehr Azar.
BNBUSDT ABC CORRECTION FOR SHORT SETUPMarket finished 1-5 Elliot wave in the uptrend and ABC correction and full 1-5 wave bearish, in the moment we are waiting for ABC correction completion of an bearish 1-5 Elliot wave, we are forecasting that market will switch direction at 522 zone, which is in between 50% and 61.8% (Reversal) fib zone. also in this zone we can see a heavy institutional volume candle in 1h time frame.
Price history: In a past market also did a full Elliot wave up and down, and in its correction retraced to the 522 zone on it's C wave of a correction and went down to 361 zone.
Entry: 522
Invalidation: 556
Target: 361
R/R Ratio: 4.74