Bnbusdtlong
BNBUSD BUY/LONG INCOMING OPPORTUNITY 400 to Potentially 1150TICKER CODE: BNBUSD
(UPDATE AS OF 18 May 2021)
Company Name: Binance
Industry: Crypto Currency / Blockchain
Technical Analysis
1. Falling Wedge Forming (Expect the market to squeeze down during this pullback
phase to reach Fibonacci Retracement at 0.618 / 0.786
2. Repeated Trend Pattern
3. HIGHER LOWS TRENDLINE sitting on the 0.618 Fibonacci Level
4. Area of confluence at Fib 0.618 level
Should the market break and close below the trendline we might be looking at a change of
trend direction
Entry: NOT READY (350.00-400.00)
1st Partial Take Profit: 860.00
2nd Partial Take Profit: 1150 (I would consider cashing out around 80-90% of initial investment here)
BNB is back BNB is likely to pass EMA20 at $585 which then has to pass $615 before we can say correction is over. If this happens next Targets are $691 and then $796.
if it fails to pass EMA then price will drop to $480.
BNB to DIP more in coming daysCrypto market is not going through a good phase at the moment and looks like this is far from over.
Even BNB has dropped to 500 level yesterday and going by the chart, looks like BNB has entered a correction wave, of which it has completed 1 stage of 3, at point A.
There would be a short recovery at point B at around 600. When it reverses from Point B, then we will have more confidence that it will be heading towards Point C in a 5 step movement.
Crypto is still moving in Bearish mode so trade wisely and keep your greed horses under control.
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Note - These are my personal notes and in no way a financial advice. Do your own research and Trade wisely
$BNB - $800 on the cards Pretty self explanatory
Break from bull pennant
Now consolidation
Could argue bearish H & S forming so looking for bearish pattern failure heading into bullish continuation
BNB towards $1,000Binance Coin (BNB) looks ready for the next leg up. A rally towards $1,000 is expected in no time.
AMDEL
Great buy opportunity in BNB🚀Hello guys
As we can se price is moving in Ascending triangle from few days and now it could trying to Break it out.
- Wait for the Candle closure above the Green Resistance box or enter at the Trendline of the triangle.
- Put your Stop Loss below the breakout candle or green support area.
- Take Profit: Trail it with a Trailing SL.
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BNB breaking up bears tried to pull price below EMA20 which were not able to sustain it with this bulls will test $680 resistance one more time and if manage to sustain price above it then we may expect rise to $760 and then $808.
BNB BULLISH AFBNB broke out of bull flag (Triangle formation) history will repeat.
Easy Targets: 700, 800, 1000
BNB analysis May 8th, Bulls may break $680If the price falls below $579 and sustains then it can fall to $451. Conversely if the BNB rebounds off the 20-day EMA then uptrend resumes. there is a resistance at $680 which it has to break in order to reach $808.
BNB/USDT : Possibility for breakout and MACD is being bullish BINANCE:BNBUSDT
Hello everyone 😃
BNB has formed a symmetrical triangle and now it's reaching the verge of triangle.
MA50 is above movement now and it's acting as a resistance for BNB, So there will be a rejection on this triangle...
MACD has been moving on bearish side for 3 days now; MA100 has reached $580 level.
So we might see a pullback if BNB reached that zone !
$610 - $580 is acting as a stiff support zone for BNB on MACRO view and there will be a minor support zone on MICRO view on current zone ( $590 - $597 ).
Also MA100 has reached this level and MA200 is planning to test this level in next days. So it seems that bulls will manage to make a reversal point for BNB on this zone !
🔰 There is a chance for BNB to break this triangle from current level and bounce after a retest.
🔴 Have to mention that BTC has reached the resistance level and it could be bad for ALTs if BT rejects to break higher level again ! Trade with caution.
Any rejection below MA200 can makes BNB extreme bearish !
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@Helical_Trades
BNB ascending triangle breakoutBNB broke the ascending triangle and did the retest.
Now, we have good support above ATH.
Target: U$800 (+26,5%)
BNB/USDT triangleBNBUSDT
If the price goes beyond the ceiling of the triangle, you can after the pullback
On the roof of the triangle and get confirmation you can enter and target
Next pullback on 1.618 you can enter a value and for
Taking shorts after breaking the 0.618 Fibonacci level
It is convenient
bnbusdt/bnb neutralBINANCE:BNBUSDT
All scenarios of rising and falling prices of this currency with Fibonacci
BNB-USD Possible scenariosPossible scenarios I am looking at:
1. BO and retest of the highest daily close(case 1).
2. Consolidation and then BO(case 2).
3. Drop to the lower boundary of the rising wedge and then Pump(case 3).
P.S: This is NOT investment advice. This chart is meant for learning purposes only and is a part of my personal journal. Invest your capital at your own risk.
BNBUSDT Longer term bullish target 850 #bnbusdt longer term bullish. 590-565 first demand zone, 520 second demand zone. target 850.
BNB analysisBNB could not break $638 resistance, if it slips back to traingle we expect ranging for few days. but if bulls manage to try break $638 then rally to $808 is possible.
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.
