Let's Ride the WHALES . Buy in Bloodbath-Warren Buffet styleWhales are accumulating. Though Warren Buffet is not in Crypto but he buys when there's bloodbath in the market. Would you ?
BNBPERP trade ideas
BNBUSD Poised for Breakout: $700 in Sight or Pullback Looming?I am eyeing a potential breakout if BNB closes above $620 on the daily timeframe. This decisive move could ignite a bullish run, anticipating a surge towards $700.
However, caution is warranted. Failure to breach the $620 resistance could lead to a pullback. Predicting a potential decline to the $580-$550 support zone if a breakout fails to materialize.
Important: DYOR before trading and investing.
BNBUSDT - on decision pointBNB formed triangle. In my opinion it is making decision. Broke of triangle to upside will create bullish momentum, on other hand price can drop from triangle to previous support.
(BNB/USD) Forward-Looking Technical PerspectiveAscending Channel: BNB/USD's trajectory within the ascending channel persists, indicating a continued bullish tenor. With the current price action near the midpoint of this pattern, there is room for advancement towards the channel's resistance.
Ichimoku Parameters: The pair trades above the Ichimoku Cloud, with the price oscillating around the Senkou Span A, suggestive of a potential uptrend continuation. The Tenkan-sen remains marginally over the Kijun-sen, a bullish indication albeit needing further bullish confirmation.
Bollinger Band Exploration: The BNB is trading just beneath the upper Bollinger Band, hinting at the possibility of testing this boundary. The bands' slight widening suggests an imminent volatility surge.
Volume Consideration: Current volume shows no significant climax or selling pressure, which could imply the market's lack of commitment to drive the price in either direction robustly.
RSI Dynamics: With an RSI reading slightly above the equilibrium at 54.57, we are not in the overbought realm, which may offer room for upward price exploration without immediate reversal pressures.
Fibonacci Extensions: The coin currently tests the 38.2% Fibonacci retracement level, which could act as a pivot point for further price action.
Price Speculation:
Bullish Target Projection: If bulls maintain control and propel BNB/USD above the upper channel line and upper Bollinger Band with convincing volume, a speculative target could be envisioned at the 78.6% Fibonacci level of $624.1, extending towards the psychological threshold of $650, which aligns with the previous price peaks.
Bearish Reversal Contemplation: A breakdown below the channel support, particularly if coupled with a descending RSI and volume spike, may witness a slide towards the 61.8% Fibonacci level at $471.1. This potential depreciation could be accelerated by a breach of the Ichimoku Cloud support, confirming a bearish outlook.
Strategic Trading Considerations:
Traders should consider the upper channel and Bollinger Band as potential take-profit zones in a bullish breakout, while a retracement would likely test the resiliency of the Ichimoku Cloud as a support region. Stop-loss placements just below the ascending channel or the most immediate swing low could serve to protect capital.
BNBUSDTBNBUSDT made a new higher high after breaking its downtrend. taking entry on .318 fib and sl on previous lower high.
The bull market continues! Weekly cycle maturationDear analysts and traders,
I hope you are doing well and are motivated for the week ahead. I wish you all the success in your business endeavors. Remember that success in trading lies in consistently defining and sticking to your rules.
As someone interested in the Elliott Wave Principle, I find it to be an invaluable tool for market analysis. I have developed my approach by combining this principle with my personal experience and by considering different scenarios that are likely to occur in the market. It should be noted that I do not like to be surprised in the market, and that's why I have different market prospects. I follow them to be sure and recognize the structure that is forming so that I can 100% recognize it.
I will share my analysis with you, but please note that I am not providing any buy or sell signals. My perspective on idea analysis is completely unbiased, so if the idea analysis meets your standards, you can use it as a guide to make an informed decision.
I have attached my previous analysis of the same market so that you can compare and see the differences. All the details of my analysis are clearly labeled, making it easy for you to understand. However, having a basic familiarity with the Elliott Wave Principle theory will help you understand the analytical idea more easily.
I have been studying the Elliott Wave Principle for almost three years now, and over time, my understanding of this knowledge and experience has grown. What I have achieved so far is the legacy of a genius called Ralph Nelson Eliot, and I am really happy with my progress. May peace be upon him.
Thank you for your support so far. I will always remember your kindness. Please share your comments and criticisms with me.
I hope my analysis will be useful to you in your business journey, and I wish you all the best.
Sincerely,
Mr. Nobody
BNB Down TargetI believe a channel will be formed from here which may give Target upto $350 in upcoming days for BNB
BNB Up to 650, USD then down to 500 USD.Strong resistance at 540 USD, bounce to the top of the risng channel, at 650 USD.
then down to 500 USD
BINANCE - Back Down To 200... Yes yes, we know... this is rather a glum view of the market BUT, we'd rather be open to every possibility so that we're not taken by surprise.
According to Elliott Wave Theory, it's often the case that if Wave 2 is a simple correction, wave 4 turns out to be a complex correction. This seems to be what we're seeing right now. Wave 2 was a simple ABC correction and now wave 4 appears to be a flat (or maybe a zigzag correction). If we pierce the highs, it's likely it's a flat correction. If we stay below the highs, it may be a zigzag.
For confirmation that we're moving towards the 200 mark, we'll be watching for the break of the red trendline to indicate that bears have stepped in.
It'll be a no brainer to buy around the 200 mark as we're expecting the next wave to reach above 1k!
Goodluck and as always, trade safe!
BNB ain't got much patience for waitingIn my opinion, the final target seems quite realistic. It will require a capitalization of around $373 billion. Although I have nothing in favor of the project, I believe there are enough grounds and narratives for this to happen.
Long BNB t0 750 USDClear ascending towards the upper line of the channel at 750 USD, then most likely the downtrend will start to 300 USD.
BNB Price Action Trading- BNB sound dangerous with all the FUDs made by US government.
- But Binance is still from far the first exchange in the world by liquidity and trades volumes.
- they won't let go BNB so easily.
- it's still an easy trade for now if u play it wisely, and with strategy.
- No Danger, No Glory.
--------------------------------------------------------------
Trading Parts
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- Buy : 200$ ish
- TP1 : Before 350$
- TP2 : Before 650$
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- Stop Loss : 170$ ( don't touch anything under 170$ )
--------------------------------------------------------------
- Rebuy a big Dip : 50$ ish
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Happy Tr4Ding !
BNBUSD - In Bearish TrendBNDUSD is in bearish trend, making continuously Higher Lows and Lower Lows.
$350 can be a target if you currently have BNBHello !
If the current monthly japanese candlestick closes above $277 (current tenkan sen monthly level) then I think that the price could go up to $350.
If the price reaches $350 then I would sell my BNB and wait for a pullback (to eventually $277) to buy again.
The cryptocurrency market is in the third waveGreetings
Dear analysts and traders,
I hope you are doing well and are motivated for the week ahead. I wish you all the success in your business endeavors. Remember that success in trading lies in consistently defining and sticking to your rules.
As someone interested in the Elliott Wave Principle, I find it to be an invaluable tool for market analysis. I have developed my approach by combining this principle with my personal experience and by considering different scenarios that are likely to occur in the market. It should be noted that I do not like to be surprised in the market, and that's why I have different market prospects. I follow them to be sure and recognize the structure that is forming so that I can 100% recognize it.
I will share my analysis with you, but please note that I am not providing any buy or sell signals. My perspective on idea analysis is completely unbiased, so if the idea analysis meets your standards, you can use it as a guide to make an informed decision.
I have attached my previous analysis of the same market so that you can compare and see the differences. All the details of my analysis are clearly labeled, making it easy for you to understand. However, having a basic familiarity with the Elliott Wave Principle theory will help you understand the analytical idea more easily.
I have been studying the Elliott Wave Principle for almost three years now, and over time, my understanding of this knowledge and experience has grown. What I have achieved so far is the legacy of a genius called Ralph Nelson Eliot, and I am really happy with my progress. May peace be upon him.
Thank you for your support so far. I will always remember your kindness. Please share your comments and criticisms with me.
I hope my analysis will be useful to you in your business journey, and I wish you all the best.
Sincerely,
Mr. Nobody
The crypto market is in the third waveGreetings
Dear analysts and traders,
I hope you are doing well and are motivated for the week ahead. I wish you all the success in your business endeavors. Remember that success in trading lies in consistently defining and sticking to your rules.
As someone interested in the Elliott Wave Principle, I find it to be an invaluable tool for market analysis. I have developed my approach by combining this principle with my personal experience and by considering different scenarios that are likely to occur in the market. It should be noted that I do not like to be surprised in the market, and that's why I have different market prospects. I follow them to be sure and recognize the structure that is forming so that I can 100% recognize it.
I will share my analysis with you, but please note that I am not providing any buy or sell signals. My perspective on idea analysis is completely unbiased, so if the idea analysis meets your standards, you can use it as a guide to make an informed decision.
I have attached my previous analysis of the same market so that you can compare and see the differences. All the details of my analysis are clearly labeled, making it easy for you to understand. However, having a basic familiarity with the Elliott Wave Principle theory will help you understand the analytical idea more easily.
I have been studying the Elliott Wave Principle for almost three years now, and over time, my understanding of this knowledge and experience has grown. What I have achieved so far is the legacy of a genius called Ralph Nelson Eliot, and I am really happy with my progress. May peace be upon him.
Thank you for your support so far. I will always remember your kindness. Please share your comments and criticisms with me.
I hope my analysis will be useful to you in your business journey, and I wish you all the best.
Sincerely,
Mr. Nobody
BNBUSD: Can it reach $15000 during this Cycle?Binance Coin has become overbought on the 1D timeframe (RSI = 85.874, MACD = 52.260, ADX = 67.821), even the 1W RSI (85.874) is off the charts, and it is natural since it is on a hyper strong rally that is approaching its All Time High. The 1W MA50 will now support throughout the whole parabolic rally and the ramainder of the Bull Cycle, as it did in the two Cycles prior.
The peaks can be caught very effectively by the Sine Waves and the next is expected to be towards the end of 2025. Every High has been a +0.5 Fibonacci higher, the next is 2.0, so a new peak around 15000 shouldn't be considered unrealistic at all for the coin of the world's largest exchange.
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Buy #BNBUSD at cmp 590. target 6000 in a year .Yearly rounding bottom in #bNB .
new breakout above 700 will confirm target of 6000 in a year .
BNB Poised for Liftoff: Price Could Surge to $1000-$1300 on ReceBuckle up, Binance Coin (BNB) holders! The cryptocurrency is hinting at a major price leap after a significant technical breakout. Now eyeing a potential surge towards $1000-$1300, fueled by a critical resistance level overcome at $650.00.
BNB has been on a tear in recent months, defying the broader market correction. This bullish momentum culminated in a decisive break above its previous all-time high resistance at $650-$670.
However, it's crucial to remember that the cryptocurrency market remains volatile. While the recent breakout is a positive sign, unforeseen factors could still impact the price trajectory. Investors are advised to conduct their own research and exercise caution before making any investment decisions.
BNB Target got hit Mar 8th 2024The main target got hit!
We did trade it from the mid 250s at TTR, now I have exited 25% of my holdings.
Going to buy back at low to mid 300s after the halving event
What's Next?We see that it has completed five ascending waves and two correction waves before it. This indicates that the current shape is a correction and not a real rise, driving all the data shown on the chart.. Goodbye.
*In principle, I am not a supporter of any direction, but I am only giving my point of view, which may be right or wrong. If the analysis helps you, then this is for you. If you do not like this analysis, there is no problem. Just ignore it. My goal is to spread the benefit. I am not one of the founders of the currency.
Preparing to collect BNBPreparing to collect BNB
This quarter 3-4, coin holders are expected to be bustling
BNB is currently accumulating on the daily frame, can have breakdown.
It is also the area where speculators are waiting to collect goods at good prices.
BNB Binance A perfect Target hit !!!This is as perfect as it gets!!!
The TTR target was hit to the penny!
I took off partial of my long-term holdings here. I will be adding at 340-320 level.
There is a potential of hitting 475+ if the price breaks out above today's high
