Binance coin (BNB) forming bullish Crab | A good buy opportunityHi friends, hope you are well and welcome to the new trade setup of Binance coin (BNB) with US Dollar pair.
Recently we caught more than 12% pump as below:
Now on a 4-hr time frame, BNB is about to complete a bullish Crab move for another bullish reversal move soon.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Bnbusdtlong
BNBUSDT - 1D - LONGThere is a fud related to stable coin BUSD! But you need to consider this when Binance is always the largest exchange in crypto world, so there are some fuds coming frequently.
As the chart, you are able to try by buying a little, then buy more after breaking the trendline. Target price is 400 at first.
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
#BNB/USDT [BNB]: Ascending_TriangleWe've detected a Descending Triangle pattern on the $BNB/$USDT chart. The price requires a further strong bullish continuation as an indication of a breakout. A descending triangle provides a useful chart formation that spots that the price will rally further once price breaks through the resistance. $BNB/$USDT to accomodate to higher level.
BNB - Buying StrategiesBYBIT:BNBUSDT.P
4H time frame
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Potential inverse HS is forming on 4H time frame.
I provide two strategies for long BNB, entry from BO DC and entry from BO HS, respectively.
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(1) BO DC(Descending channel)
Entry: 295~305
TP: 318.25, 331, 345.05
SL: 290.5
(2) BO HS(inverse head and shoulders)
Entry: 318.25
TP: 345.05, 378.9
SL: 279
BNB/USDT :: Under the protections !!!BNB/USDT :::
Currently, bnb is in a downward channel on the daily time frame .
The price is following the middle line of the channel and has proven this by hitting this line a lot .
bnb has broken several resistances and can create a buying position .
<<< Good luck >>>
We can set 3 possition For BNB Nowas the area we can set 3 different Position For BNB
if BNB stabled in Support Line (white Line) we can have a Long Position
But If BNB breaks the support Line, we Can Enter a Short position on the pullbacks as shown in the chart.
when the Shot Position Completed, we can set a Long Position open that area.
you should know this is not an investment suggestion and all risks is on your Own.
BNB ANALYSIS#BNB UPDATE.
#BNB is currently trading in ascending triangle where blue box and pink line qare the resistance bnb is currently facing.For now bnb needs to close above the blue box area for upside move however if bnb loses the black line support then it might again test the net support level.
BNBUSD - sorry but you won't like itFirst of all, we would like to apologize if you are BNB bull and this trading idea made you shaking or you already have a panic attack.
But let's be honest now! BNB pumped like crazy and didn't give it back yet in the current bear market.
Is it impossible for BNB to drop to $45 area? Probably no. It would be 93 % drop. In 2019 bear market ETH dumped over 94 %.
In the current bear market there's a lot of FUDs around. We already saw FTX collapse, rumors about crypto.com insolvency and many more. It looks that CEXes are in trouble .
Perhaps we will see more FUDs regarding Binance and it would be a trigger for BNB price to dump heavily?
We believe that if BNB breaks down below 184$ and there are more / new FUDs around, the price may drop to 45$ again. There's literally no support anywhere between.
Many won't like this trading idea, but it is what it is.
Probably it will take some time to drop so low, but if the bear market for risk on assets were to continue , it will happen sooner or later.
From another hand we expect Binance to be a leader amongs crypto exchanges therefore $45 would be a golden opportunity for a long-term investment.
BNBUSDT Elliott Waves Analysis (Global Expectations)Hello friends.
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Everything on the chart.
Entry: market and lower
Targets: 400 - 600 - 800
For holders main target zone: 750-1000$
after first target reached move ur stop to breakeven
Stop: ~180 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 11
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
BNB LONG BREAKDOWNWELCOME TO MY ANALYSIS
the dollar didn't hold our interesting zone at night, it fell lower, I think it's heading to 105.8 to exactly 105
On the crypto market , we can see slight increases from the ASIAN SESSION and I believe that this trend will continue during London
IF WE GO TO 285, GET YOUR STOPS TO ENTRY POINT OF TRADE !!!
SEE YOU SOON