Bnbusdtlong
#BNBUSDTTrade setup: Price reached our target of $340 after it broke out from Sideways Channel ($260-$300). Resistance at $340 is also where price got rejected in August and June. Now wait for price to 1) break above $340 or 2) pull back near $300 support for swing entry. (set a price alert).
Trend: Uptrend on Short- and Medium-Term basis and Downtrend on Long-Term basis.
Momentum is Bullish ( MACD Line is above MACD Signal Line and RSI is above 55).
OBV (On Balance Volume): is rising, indicating that volume on Up days is greater than volume on Down days. Hence, demand (buyers) exceeds supply (sellers).
Support and Resistance::Nearest Support Zone is $300 (previous resistance), then $270. The nearest Resistance Zone is $340, then $400.
BNBPERP - Expect a price reduction.A lot of binance launchpad users remain locked in at local highs. We may see panic selling and expect a local correction first target mid-range, second lower boundary.
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P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Take profits out in fiat and make yourself and your loved ones happy.
BNBUSD pick your team: Bulls or bearsLet´s make it simple
The price is close to resistance.
If it gets rejected, most likely we will see 13 % drop and retest of the support around $257.
However, if the price breaks above the resistance, we can see beautiful 12 % pump towards the next key level.
How to trade:
1. Short the resistance with a tight stop loss above the resistance. Take profit at $257.
2. Long the breakout above the resistance. Don´t forget to put a stop loss after entering your long.
Pick your side and make money in this market. Good luck
BNB Looking Strong Going for $340Hello dear traders, we are new here so we request you to support our ideas with your LIKE and Comment also feel free to ask questions in comments we will respond to all your questions, thank you guys.
Now lets talk about BNB, In my previous post I mentioned two targets $324.38 & $338.87.
BNB just reached the first target and possibly going for the second target zone of $338.87.
BNBUSDT - Buy Setup!BNBUSDT (1D Chart) Technical analysis
BNBUSDT (1D Chart) Currently trading at $286
Buy level: Above $285
Stop loss: Below $251
Target 1: $298
Target 2: $335
Target 3: $402
Target 4: $450
Max Leverage 2x
Always keep Stop loss
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BNB/USD ShortThis coin has been on a bearish momentum for the last 2 months, from the highest high for the past 5 months. Each week, a new lower higher and lower low is formed and there is no indication of the reversal of the momentum. I anticipate that the price will continue with the bearish momentum if the price breaks the lower low @ 268.2
My entry is 268.0 with targets at 263, 258 and 253. My SL is at 278.
My R: R is 1: 3
Remember, only risk 1% of your account.
#BNB/USDT 6Hr 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 all, thank you, guys.
BNB analysis::-BNB was dumped because of the hack and bounced from the support of the $255-$262 area. The local resistance is $278-$280 and $295-$300 area. There is a downtrend line that needs to be broken to get some positive move. Wait for a break above the downtrend line or retest of support for new entries.
Sorry for my English it is not my native language.
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Binance Coin - a growth perspective to resistanceAfter successful withdrawal of liquidity and realization of purchases in the zone of interest, the buyer gained a position. But a test of purchases is possible. At the moment, the chart is aiming for the resistance level. The following scenario is possible: after the resistance zone the price will leave to test the buyer, then there will be a logical completion of this formation to open a long position.
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P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy.
Binance Coin - want to see a healthy resumption of purchases.After the lack of demand at the upper limit of the rand, the price has gone to test the buyer. On a downward move, all supply is absorbed by a strong player. For a further move, you want to see a flat with an exit into a trending move.
If you like the idea, give it a like. That's the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy.
BNB Cryptocurrency Behavior 2023👌👌In the analysis I did, I explained the trend of Binance Coin to my friends. In the coming years, the trend of the cryptocurrency has been like this, so if you are watching other analyzes and you are scared, know that it is a new game for the crypto market, be careful.
The negative pages that talk about crypto belong to the institutions and companies themselves.
Binance Coin - local trend break and weak resumption.At the moment, the chart shows the lack of demand after the breakdown of the trend line.
Possible test of the buyer.
If you liked the idea, please like it. That's the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy.
Binance Coin (BNB) - will the buyer bring the case to its logica A coin that wants to appear stronger than the market. On the daily timeframe we see a reversal formation. No offer, zero point spring with a test and subsequent transition into a trend movement. It looks interesting, observe.
If you liked the idea, please like it. That's the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy.
#BNB/USDT 1DAY 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.
Binance Coin (BNB) 1DAY UPDATE:-
Binance Coin has lost the uptrend established in March 2020. This may spell trouble in the future as its price could enter a significant correction. For now, the cryptocurrency is consolidating in a descending triangle, represented in blue on the chart. For this reason, BNB only increased by 1% compared to seven days of acritical
The key support is found at $261, and the resistance at $300. This descending triangle will likely be resolved by mid,-October at which point we will know where Binance Coin is headed next. Should the price fall below the triangle, then bears will likely dominate the price action and aim for $200.
Despite this bearish outlook, the fundamentals for BNB remain strong, and any significant decrease in price could be followed by a speedy recovery. This is contingent on the overall crypto market recovering since that will bring back demand for BNB on the largest crypto, exchange which is behind this coin.
Sorry for my English it is not my native language.
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BNBUSD - Double Bottom Along Uptrend BNB has formed a strong uptrend (dashed line)
This line coincides with a bottom at the 0.786 fib
For this to occur again we must see another small dip, creating the double bottom then the bullish rejection following. I have shown this with a green bars pattern.
Downward channels can be drawn within relative bear markets
#BNB LOOKS GOOD TO ACCUMULATE IN THIS RANGE!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as an
BNB is making this symmetrical TRIANGLE PATTERN in 8hours time frame we are expecting some good bounce after the conform breakout
Entry range:- $263 TO $266
Target1:- $280
Target2:- $300
Target3:- $320
Target4:- $350
Target5:- $380
SL:- $250
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
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🟢 BNBUSDT - 4H (15.09.2022)BNBUSDT
TF: 4H
Side: Long
Pattern: Higher Low / 61.8% Fib Retracement
Entry: Enter now or between $271.3464 & $275.4410
SL: $271.3464
TP 1: $278.0645
TP 2: $282.2206
TP 3: $285.5796
TP 4: $288.9386
BNBUSDT is getting ready for a good long opportunity on the 4H TF. RSI is very oversold.