BNBUSD (4H) - Bullish breakoutHi Traders BNBUSD (4H Timeframe) The market is in an uptrend and we are waiting for an entry signal to go LONG above the 314.6 resistance level. Only the downward break of 291.5 would cancel the bullish scenario. Trade details Entry: 314.6 Stop loss: 291.5 Take profit 1: 327.8 Take profit 2: 350.0 Score: 8 Strategy: Bullish breakout Longby Avramis226
The Rise of BSC: Is BNB the Next Big Thing in Crypto?INTRODUCTION BNB is a Binance Smart Chain token that is required to conduct transactions and manage the network. Why does the BNB have a chance to grow in the long term? BNB is an ecosystem token for Binance and its products. As a result, BNB has a wide application, which generates demand. The greater the size of Binance's business and ecosystem, the greater the demand for BNB, and thus the higher the price of BNB. The current cycle has shown how locomotives from the previous bull cycle, such as AVAX, SOL, and Near, have fallen โ 90-95% of their ATH. Bitcoin and Ethereum have lost 75% of their ATH. BNB, on the other hand, fell 65%, making it the best holding value of any bullrun 2020-2021 token. Also, among major exchanges, Binance has the best chances of remaining in the market in the event of a crypto storm, as the project team demonstrated its ability to make strong-willed decisions, recognize mistakes, and adjust to market conditions. What does it show? BNB is owned by cold-blooded users who do not sell when the market panics and understand the asset's value and prospects. Behind BNB is a functional and profitable business run by people who know what they're doing and how to do it. Because of this business and its potential for growth, BNB, as a native token of the entire ecosystem, has a high growth potential. Long/Short We can consider a long-term long and token set in light of recent news and watching how Binance skillfully fights off FUD in its direction. Unless something extraordinary and unexpected happens, Binance and its entire ecosystem will pass the current falling cycle, during which time the team will develop the product even more and be ready to conquer new products and price tops. The big question is how long the current cycle will last, and whether each long-term trader or investor has enough money and skills to live up to those peaks. Only your strategy and risk management can help you answer that question. Also, you should always have a plan in place in case something goes wrong in the market and black swans occur; no single asset is immune to this factor, so stay alert. Disclaimer Our ideas are not financial advice; rather, they broadcast our thoughts on the market and our attitude toward specific assets in terms of their potential prospects based on fundamental factors. Share your thoughts about BNB, share your trading experience with it in comments section and stay tuned with us Longby Samura0x337
BNBUSD Going for 390.00 after it breaks this resistanceStrong Channel Up on the Binance Coin is leading it to higher highs. The price was rejected on Saturday on the 317.00 Resistance and as with the August 10 rejection it needs to break it in order to register the next High. A pull back near 250.00 will be one last opportunity to enter. Next higher High estimated at +/- 390.00. Follow us, like the idea and leave a comment below!!Longby TheCryptagon226
BNB starting to break downBinance Coin is starting to break down bearishly out of the pattern. While ETH & BTC continue to hold steady at the moment. Lets see what happens. Shortby C-J_111
BNB on a small Bull Run?It looks like BNB is possible making a Rising Channel. Lets see how things will play out. Longby C-J_220
Binance Coin: what about $320?It was a relatively good week for BNB, in line with increased market optimism. However, the performance still stays under impact of negative news related to Binance`s a potential involvement in FTX collapse, in which sense, BNB managed to cross the way from $270 at the beginning of the week, up to $314 on Saturdayโs trading session. Still, the coin is ending the week modestly above the $300 support line. In line with the latest moves to the upside, the RSI indicator reached a clear overbought side of the market. At the level of 76, RSI is indicating potential for a short term reversal. At the same time there has not been much change with moving averages of 50 and 200 days as they continue to move as two parallel lines, at least now without a clear downtrend. As per current charts, it could be expected for BNB to start a week ahead by testing the $300 support line to the down side. Since the RSI is currently at a clear overbought side, there is some probability for the price of BNB to revert to the short term stop at $280. On the opposite side, there could be a push further to the $320 short term stop for BNB, in case that support line at $300 is not clearly breached. by XBTFX112
Financial Wave. Binance coin(BNB)Our priority scenario turned out to be correct. We have accurately recognized the start of wave 3 movement, which brought the price of BNB to $300. The next uptrend target is $341. We allow a price rollback, but not lower than $269. If the price drops below, our markup will change.Longby Financial_Wave442
AND Again! As of my previous trade in BNB we booked 50% profit with 1x now this is another buy setup in BNB Longby AZTRADER8220
BNB/USD: long positionBinance Coin look bullish in H4 timeframe and we see a nice opportunity to long Binance Coin or crypto. Also, I note that Gold and cryptocurrencies go bullish together with stock market. And this may to change a perspective what we see in the macroeconomic panoramic after that U.S. Dollar drop. Also, I was in forex market shorting some pars in Forex market like USD/JPY and USD/CAD . So guys,I hope that this analysis support you!!! Good luck!!!Longby harisonhbn9718440
BNB short tight SLHi, I'm shorting BNBUSD with a tight SL. Expecting a breakout move within 24 hours. SL $268 TP $205 Shortby nosleepQFUpdated 112
MY VERDICT ON BNB Patterns are the most accurate form of trading. So clean and comprehensive. Falcon strategyby DaukoruAnalysis112
binance short we still on a bear market dont let this lil pump scare no fomo 40 dollars we buying bnbShortby chocopt16550
Going long on BNBUSDAnalysis in the chart. Observed bullish candles, bullish divergence on RSI, xABCD complete and support. Longby fsohail3220
Binance Coin: short recoveryAs of the end of the last year the price of BNB was strongly affected by the news of potential involvement of Binance exchanger in the FTX collapse. The dust is still on the market, however, BNB is slowly recovering from the news. It was a relatively good start of this year for this coin as it managed to make a move toward the higher grounds, from levels of $250 support line up to $260. Trading volumes are low, but still, buying orders continue to be prevalent on the market, which is positive for the coin. With the latest market moves, RSI was pushed from levels of 41 up to 53, which indicates that the market is set toward the overbought side. Moving averages of 50 and 200 days are slowly diverging from each other, after lines made a clear cross as of the end of December last year. The trend change was affected by the recent negative news, hence, it still needs to be confirmed on the charts. Considering that the markets are still on holidays, low trading volumes might continue for another week. In this sense, some significant moves might not be expected. Current charts are showing a potential for the price of BNB to reach higher grounds, but at this moment, $300 resistance line might be too optimistic. On the other side, support line at $250 might be shortly tested for one more time. by XBTFX112
Binance (BNB) - Quick outlook! BNB Move up to $280 (Fib. 0.618) and then further downside incoming?by coinsupremo222
Sell bnbScalping sell the BNB on the divergence signal. m15 candlestick already given a bearish engulfed confirmation candle. Sell to demand zone below.Shortby fitryfahmi2220
BNB LONGBNB LONG Under the confluence and its retest confirmed didnt continue to drop, i target 415 for bnb with a stop loss below target harmonic c together with the confluence area zone Trade Responsibly . Longby misstechx112
BNB on Thin Ice!Hi all, In this outlook on the BNB token I have added the BOP. The BOP shows the net buyers vs net sellers in real time. And as we can see the primary BOP is inching towards my critical level and if broken only see thinks braking for the BNB price. For more info please read my BNB idea linked bellow. tools used: EMA/MA's trend based fib fib retracement colour coded rectangles faces to show my view on emotions question marks exclamation marks arrows and crosses As always Invest smart, risk small, question your trades. "capital loss if more hard felt than capital gained" Crypto Leonard P.S. This is NOT finantual advice, one must do there own research. Stay safe.by CryptoLeonard0
Is the collapse of BNB in sight!Hi all, In this analysis I will be going through the BNB token by Binance. I do a top down from the monthly charts to what you see here. Tools I use: Time based fib extensions Fib retracements Rectangle colour coded With the emergence of Binance many have come to see as a safe place for their crypto but what country owns it? As far as I'm aware it belongs to Malta an island in the Mediterranean Sea and CZ as its overlord would you trust CZ with your hard earned capital on a small island? Now I have nothing against CZ by any means but questions should be asked. With many countries blocking access to the platform I ask myself why? I have come to the conclusion that the powers that be do not want another that has no loyalty to them but to itself only aka Binance or CZ. With the price teetering on the edge it would appear the BNB token has a very fragile base and if it gives way it will fall. My estimated target would be $30.00 yes that's right, $30.00! With those who bought BNB back in May of '2021 they are now experiencing pain and sadness not knowing what is around the corner. With the rejection of the $340.00 area I'm expecting the floor to give way and price to crash to my $30.00 target area. With price under the 200 ssma and now the 50 ssma the price is doomed to fall unless it regains the 50 ssma. Okay guys/gals be carful out there. This is NOT financial advice just my personal opinion. Be smart, Invest with caution. Crypto Leonard.Shortby CryptoLeonardUpdated 441
BNBUSD Strong break-out yesterday but critical 4H MA200 test nowThe Binance Coin (BNBUSD) has had a major bullish break-out yesterday as it broke above the Lower Highs trend-line that was in effect since November 05. At the same time it crossed above the 4H MA50 (blue trend-line) but is so far being rejected on the 4H MA200 (orange trend-line). This is a critical test as BNB has almost completed a full month of trading below the 4H MA200 and failure will invalidate yesterday's bullish break-out bias and could reverse investor psychology back to bearish, selling to the 4H MA50 short-term and 240.00 medium-term. A break above the 4H MA200 however, with the 1D MACD on a Bullish Cross, should start testing the upper Fibonacci retracement levels: 0.382 at $274, 0.5 at $290 and 0.618 at $307. ------------------------------------------------------------------------------- ** Please LIKE ๐, FOLLOW โ , SHARE ๐ and COMMENT โ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME ๐โโ๏ธ๐โโ๏ธ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! ๐๐ ------------------------------------------------------------------------------- ๐ธ๐ธ๐ธ๐ธ๐ธ๐ธ ๐ ๐ ๐ ๐ ๐ ๐by TradingShot1119
Financial Wave. Binance coin(BNB)BNB is one of the few coins that we see as having a high potential for the future and we thought it would be interesting to see how it develops in a wave pattern. Our priority scenario in Binance Coin is the development of wave 3, which can take the price to $299 and above. BNB falling below $240 will change our markup.Longby Financial_Wave2
$BNB looking BETTER!Of course $BNB is the mover :D $MATIC still looks healthy $XRP not moving but this has tendency to pop out of nowhere, really like that reversal $DOGE outperforming $SHIB, IMO good call #Cryptoby ROYAL_OAK_INC0