BNBUSDT POSSIBLE LONG!BINANCE:BNBUSDT.P
in 1D TF its in uptrend ,4H liquidity has been taken and shifted market to the upside.possible long scenario.
ENTRY : 297.27
TP : 317.00
SL : 288.42
Bnbtrader
BNBBNB is currently above the hourly resistance.
We can take long at retest around 310 to 308 zone.
1st target would be at 335 and 2nd at 350.
Stoploss around 303 to 302.
Lev :- 1.5X to 2X
BNB's Bull Flag Signals 70k as Next TargetIf we consider this as a potential giant bull flag on the D1 chart, a logical next bullish target for BNB could be set at 70k
BNBUSDTAgain, I think BNB hasn't finished its 5-star downtrend, so I'm waiting for it to arrive
Remember the $69 price tag
The condition to reach the price of $69 is the failure of the $183 support
BNB could retest $341USDI like the way its trending on that leading diagonal... I think we get there before Sunday night. Owning BNB is like the second coming of ETH, & if it weren't for regulatory pressure BNB would be worth more than ethereum right now. As wild as that take is, I stand by it. The more US regulators try to enforce action in the forms of fines... the more ppl are drawn to BNB.
All of crypto is so much more than just the American market. Its rather shortsighted on the US because eliminating BUSD means the loss of a dollarizing resource. I love BUSD & will accumulate casually. My plan for BNB is to DCA as i go, amassing as much as i can through out the year.
Major developments:
- Binance introduces 3rd chain BNB Greenfield (look it up)
- Will introduce optimism roll-ups
- Will improve TPS
- Looking to triple validator set too 100 total
Binance dominates the defi space w/ over 2400 dApps ... especially in terms of gaming
So no, BUSD outflows do not concern me
And proof of reserves is old news
BNBNot financial advice.
The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
BNBUSD ShortThere is a pennant forming, and I highly anticipate that the price might break out of the rising flag (according to higher timeframes) which is a strong indication of a bearish formation.
Entry at 295, SL at 306 Targets at 284, 273 and 261.
BNB: HITTING THE RESISTANCE.Hey guys, here's a quick BNB update for you all. I hope this will be helpful.
Timeframe: 3 hours.
Update: Lately, BNB has been pushing hard to remain bullish, and recently it has come to a decisive point where BNB is facing the resistance of $292. Any coin that faces resistance always has a risk of getting rejected depending on the RSI move, the volume, and fundamentals. In the case of BNB, the RSI is in the overbought zone, with no big volume, and no major events. If the rejection takes place then we may see BNB back to the $280 to $270 level. Even if we see a breakthrough, BNB will still have to face the $300 resistance level. Once, BNB confirms a rejection, we can go short on it.
Sadly, I did not scalp BNB but for those who are long on BNB in shorter TF, it'll be good to book some profits.
That's it from my end. Thank you and trade safely.
BNB: A POTENTIAL MOVE TOWARDS THE UPSIDEHello folks, welcome to this quick BNB update.
Timeframe: 6 hours.
Update: BNB has been holding the supporting trendline quite well. This falling wedge pattern indicates a positive move in BNB. We may see BNB bouncing back but the upper resistance trendline at $286 could be an actual challenge.
On the negative side, we have the current lower support at $258 and until and unless BNB breaks this level, we may not see any negative results on BNB.
If you are long in BNB and your entry is close to the bottom support then you are good to go. Be careful of any negative impact on the market and the breakdown level.
I hope this update was helpful.
Trade safely, guys.
$BNB will do the last retracement!BNB looks like already broke out from the monthly descending resistance.
it already touched the target, and now i think it will retrace down to the green horizontal box which is the golden buy area
this could be the last retracement and confirming the biggest bull run of BNB
#BNB/USDT INVERSE H&S 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 inverse head and shoulder create by and conform upper trained line retest confirm and the pump almost 10% by entry green zone and stop loss most important thank you.
Long BNB/USDT TRADE SETUP
Entry - $305 TO 310
Target- 10%
SL:-$298
Lev:- 10X TO 20X
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/USDT UPDATE :-
BNB looks right from here if BNB bounces by retest from green ZONE to trade line we can see BNB from here $300
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 1HOUR UPDATE !!Hello dear traders, we are new here so we ask you to support your ideas with your LIKE and COMMENT, feel free to ask any questions in the comments, and we will try to answer for all, thanks, Friends.
BNB/USDT Update!
As we can see BNB is bouncing off the Eth 250MA on the 1-hour chart, if the position is held don't panic if BNB breaks the downside of 250MA to close. and target $270+
Remember:- This is not a piece of financial advice. All investments made by me are at my own risk and I am held responsible for my profits and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
If you like it then hit the like button and share your chart in the comment section.
Thanks.
#BNB 1hour important support !!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!
As we can see BNB 1 hour chart eth is bouncing by 200MA don't panic if the position is held then if BNB breaks 200MA's downside to close.
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/USDT UPDATE !
As we can see in the above-mentioned chart that BNB was rejected from the upper resistance level and dropped at the current support level.
As BNB holds the current support BNB might gain some % towards the upper resistance level which is almost 10% from the current level.
Candle close below the lower trend line support will be the invalidation point of this chart analysis.
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 - RSI AnalysisBNB has reached a low on the RSI that has been seen before
This low provides a good point of entry for the coin on this Weekly timeframe
It may go lower as seen in the first scenario, but the upsides outweigh the drawdowns
BNB: INDEED A PERFECT BOUNCE.Hello traders and welcome to this BNB update once again.
If you are new to my community then a warm welcome to you on behalf of all my members and professional traders. In this community, I share updates related to the crypto market including margin trading, futures, spot, and scalping. My comments box and DMs are absolutely free for new ideas and suggestions. So, feel free to interact and share your ideas. You can be a professional trader, a noob, or anything, we are all here to learn and I believe that we can help each other.
Alright, then, let's get back to the chart.
BNB broke out, retested, and bounced back successfully. I am expecting a rally towards $400 soon. Meanwhile, BNB may drop a little close to $325 (which will be a good entry position) and gradually rally higher. The support line is at $320 and BNB must hold this level. I am still holding my 50% position on BNB and will accumulate more if it dips.
Trade setup:
Entry: $320 to $326
Stop loss: $300
Target: $360, $380, $400.
Trade safely.
BNB: A PERFECT BOUNCE OR A FAKEOUT???Hello and welcome to this BNB update in 3 hours TF.
If you are viewing my post for the first time then do not forget to like and follow. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest at my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on them or use them to understand the market.
BNB has formed an ascending triangle pattern which usually is a bullish pattern. BNB broke out, retested, and currently bouncing back perfectly from the support level. Is this a bullish confirmation? To some extent, yes, it is a bullish confirmation but considering the dominance and BTC price movement, it is always wise to wait or trade with a close SL. I am already long on BNB at around $305 and I will continue to hold it until it breaks down below the ascending triangle support level which is at my entry-level.
On the other hand, if BNB is bullish then we can expect a rally up to $350 to $400.
What do you think about the current price movement on BNB? Let me know in the comments.
Thank you, guys, for your support.
#BNB/USDT 4HOUR UPDATE BY CRYPTOSANDERSHello, welcome to this BNB/USDT 6hour chart update by CRYPTOSANDERS.
Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on regular basis.
CHART ANALYSIS: -
BNB/USDT currently trading inside the Symmetrical triangle pattern and on the support green zone .
There is a high chance to bounce from this strong support green zone all the way to 10% TO 15%.
Q:-What do you think about this?
Do you think we will see a new ATH of BNB/USDT in the next quarter?
Share your views in the comment section.
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.
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 2HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick BNB/USDT 2hour analysis.
I have tried my best to bring the best possible outcome in this chart.
Hello members welcome to our BNB/USDT quick update
As we can see in this chart that BNB created an inverse HEAD AND SHOULDER pattern inside the triangle pattern and it broke the upper trend line and moved to retest the upper trend line which will be the confirmation that we can take some position at that level.
In the current scenario, we should wait for confirmation.
If BNB breaks down the upper trend line and moves again inside the triangle then this chart will be invalidated.
Entry;-$399
Target:-80% TO 100%
Stop loss:-$390
With leverage 3x to 5x
Share your views in the comment section.
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 UPDATE: WILL IT RALLY ONCE AGAIN???Welcome folks to my new update on BNB. To analyze BNB, I am gonna use a higher time frame (3 days).
If you are viewing my post for the first time then do hit the like button and graciously follow as well. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest in my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on it or use it to understand the market.
Let's get back to the BNB update. The current scenario in a longer timeframe is critical. BNB is at the support right now and in the past, BNB has always respected this supporting trendline. According to the chart and the patterns, BNB should bounce from the current level but if the market is not in the favor of bulls then it is possible that BNB will break down instead of bounce back. It is hard to say whether BNB can easily break down below the supporting trendline which is more than a year old or break out to hit the resistance trendline once again.
To be honest, BNB should respect this trendline and must bounce back for a healthy move.
What do you think about BNB? Is it worth it to invest in this trade?
Share your views. I would love to read them.
Like, and follow for more exclusive updates.
Thank you.
