BNBUSDT Long ideaBased on my analysis, BNB should start growing from a price of $240. The targets could be $250, $257, and $275. The final target is $275, and the support trend line has now turned into resistance.
⚠️"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help."
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#BNB IS READY TO BOUNCE, DON'T MISS THIS OPPORTUNITY😱Binance Coin (BNB) Technical Analysis:
BNB is trading at 278$ which is a strong level of support, we are expecting a good bounce up to the upper level of this symmetrical triangle
and if it breakout this pattern then we can see some good bounce according to the pattern.
we have 353$ and upper resistance of this rising channel 510$ or all-time high
It can offer long-term investors an excellent entry point.
Conclusion:
Overall, technical analysis indicates that Binance Coin (BNB) could expand by 50% or more in the near future, indicating that there is tremendous potential for development in the asset. But like with any investment, you must conduct your own research and base your choices on your personal risk appetite and financial objectives.
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BNBUSDTBNB's main trend is upward, but in my opinion, in the short term, we will have a correction to the range of 270 to 260. Right now, an important trend line has been broken and after a pullback, I expect the price to drop. If this happens, the next supports can be 285 and 270. You can see the rest of the story in the chart.
⚠️"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help."
BNBUSDT - Double Bottom Pattern!!BNBUSDT (4h Chart) Technical analysis
BNBUSDT (4h Chart) Currently trading at $316
Buy level: Above $316
Stop loss: Below $304
TP1: $321
TP2: $329
TP3: $338
TP4: $350
Max Leverage 3x
Always keep Stop loss
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BNBUSDT.P Trade No. 82Hello Traders, Here's my analysis on BNBUSDT.P long trade. Entry Target and Stop Loss is given in chart and here's he summary of trade.
Broke the downtrend structure 1H Tf and now retracing at golden pocket of FIB.R. Currently I am expecting a minor uptrend before going towards our long entry. Don't forget to leave your opinion in comment section and like the idea.
Binance coin (BNB) formed a BAT for the next price reversalHi friends, hope you are well and welcome to the new trade setup of Binance coin (BNB) with US Dollar pair.
Previously we caught a nice trade of BNB as below:
Now on a 4-hr time frame, BNB has formed a bullish BAT for the next price reversal.
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
Bnb Hold The Support Or Die Bnbusdt
"If there is a breakdown , I am anticipating a significant drop in value. It is crucial for BNB to maintain the support level that I have indicated on the chart. A breakdown of this support level could lead to a further drop in value, potentially down to the range of 310-260."
BNBUSDT : Short Trade , 1hHello traders, we want to check the BNBUSDT chart in the 1-hour time frame. The price is moving in a descending channel and has pulled back to the bottom of the previous wave that has been broken. We expect this level to play the role of a resistance level for us and reach the goals It is determined to have a drop. Good luck.
BNBUSDT sell Entry : 316.7
Stop : 325.4 , Target1 : 307.1 , Target2 : 299.3
Risk/Reward Ratio : 2
BNBUSDT - Expecting Massive Breakout!!BNBUSDT (1W Chart) Technical analysis
BNBUSDT (1W Chart) Currently trading at $315
Buy level: Above $320
Stop loss: Below $250
TP1: $390
TP2: $460
TP3: $520
TP4: $690
Max Leverage 1x/Spot market
Always keep Stop loss
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BNBUSDT : Analysis , 1DHello traders, we want to check the BNBUSDT chart on the daily time frame. The price is moving in an ascending channel within a range zone. If the price can maintain its upward trend and break the key level of 340, expect price growth. We have the next target, which is the price of 400. But if it cannot maintain itself in the upward channel and break the channel downward, it will probably drop to around the price of 270. Good luck.
BNB Idea✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
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
Is BinanceCoin (BNB/USDT) Closer to Drop 40%?Binance Coin has been negative impacted with the ongoing Binance FUD which began with the platform halting the USDC withdrawals. The panicked traders due to the past experiences, withdrew their holding from Binance which is one of the major reasons of the BNB price is experiencing massive downfall. However, the crypto continues to remain within bearish trap as the market sentiments appear to be not favourable for the bulls. Hence, the price may undergo a notable pullback soon.
In case of a bearish breakdown the BNB price which is testing the crucial support zone just below $250 levels is believed to drop below $200 initially and head towards the next target at around $164. If the price fails to hold at these levels, then may end up test the next bearish target very close to $150. A rebound is much expected at each support zone, failing to which the next lower target cay be achieved. Failing to sustain at $150 may revive the bearish market that may drag the price to a 2-digit figure in no time.
However, the Relative Strength Index (RSI) is displaying a bullish divergance, while MACD is closer to flash bullish signals, pointing towards a minor bounce but only for a short term as the trading volume is fluctuating due to which the BNB price is highly volatile at present.
For detailed analysis, visit Coinpedia.org.