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BNBUSD trade ideas

BNB - REBOUND FROM SUPPORT #1! What's Happening Next?Happy Hump Day, Traders! Hope you find value from this post. If you did, pleases give it a like and consider following. Thanks. Here's a trading idea. But firstly... ============================== Quick Disclaimer: Trade at your own risk. This post/chart is for your reference only, it is not intended as a recommendation, nor is it an advice to sell nor buy this crypto asset, nor to place any trade. Trading poses a risk of losing some or all of your money and it will be your responsibility if you lose money. ============================== BNB is still trading below its 50 MA but has bounced off support #1 @ $325. So Where Is BNB Headed? BNB will re-test the 50 MA and if it breaks through it the expected target region is Resistance #1 above coinciding with the upper border of the green descending channel at about $480 to $500. BNB getting rejected by the 50 MA will revert back down towards the Support #1 region@ $342 and further dipping will bring it down towards the "A" Region where BNB could revisit the $256 price level and eventually the Support #2 bar. The lower border of the green descending channel could pose as support. Stoch RSI: Huge Upside Potential Always remember to place your Stop Loss. Price action is KING! Patience and Discipline are KEYS to a successful trade. Trading is both a Science and an Art. Develop an intuition and listen to your instinct while following the rules putting emotions aside. If you have not yet developed it, you will develop this as long as you stay consistent with following the rules. The skills will become second nature to you much like how you acquire the skill in riding a bicycle. Soon it will be your subconscious running your trades, again, much like when riding a bicycle the balancing is controlled by the subconscious part of your brain. Be PERSISTENT and stay PERSISTENT. Let me know what asset you wish for me to look at and evaluate for potential long set ups and I will post it here on TradingView. If you found value from this post, consider giving it a like and subscribe. Furthermore, share it with someone you know will benefit from this. More power to all your trades, my friends! Ron Intrepid_Trader
BINANCE:BNBUSD
by RSibayan
BNB UPDATE: WILL IT RALLY ONCE AGAIN???Welcome folks to my new update on BNB. To analyze BNB, I am gonna use a higher time frame (3 days). If you are viewing my post for the first time then do hit the like button and graciously follow as well. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest in my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on it or use it to understand the market. Let's get back to the BNB update. The current scenario in a longer timeframe is critical. BNB is at the support right now and in the past, BNB has always respected this supporting trendline. According to the chart and the patterns, BNB should bounce from the current level but if the market is not in the favor of bulls then it is possible that BNB will break down instead of bounce back. It is hard to say whether BNB can easily break down below the supporting trendline which is more than a year old or break out to hit the resistance trendline once again. To be honest, BNB should respect this trendline and must bounce back for a healthy move. What do you think about BNB? Is it worth it to invest in this trade? Share your views. I would love to read them. Like, and follow for more exclusive updates. Thank you.
BINANCE:BNBUSDLong
by Dexter_The_Trader
BNB/USDT Technical Overview ( Bearish Retest )#BNB/USDT TA Update:- Total Overview about This Coin:- $BNB current price is $405 Currently trading at Resistance level. $440 is resistance barrier. If break this level then we can see Upward move. If $BNB break $500 barrier then We can see $1000 also in couple of Weeks. But below $440 , I am bearish for short term. If Rejected from current level resistance then We can see $250-$300 level also. Long Term best Accumulation zone will be $100-$150 ( Not now its can take time but this will be best entry. ) One TL showed Bearish Retest and One TL showed Bullish Retest. So Personally I am bullish only above $440 level otherwise waiting for more Downside move. This is HTF chart. Support levels:- $280/$200 Resistance:- $440-$480 / $668
BINANCE:BNBUSDShort
by CryptoPatel
1
BNB - Top-Down Analysis!Hello everyone, if you like the idea, do not forget to support with a like and follow. WEEKLY: Right Chart BNB is overall bullish and now approaching the lower brown trendline so we will be looking for buy setups on lower timeframes. DAILY: Left Chart BNB formed a valid channel in red but it is not ready to go yet. Before we buy, we want the bulls to prove control. Trigger => Waiting for a momentum candle close above the last high in gray to buy. Meanwhile, until the buy is activated, BNB would be overall bearish can still trade lower inside the green support. In this case, we will be looking for new buy setups to form. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
BINANCE:BNBUSDLong
by TheSignalyst
11
BTC Continuation to the upside or drop? - Todays altcoin: BNBYo guys, welcome to the channel Hawkeye Charting. MM left trap signals again and moved price with aggression and speed out of the upper 30k zone. Time to look critically on the major MM cycle in order to understand, which notable zones have to be broken for a continuation to the upside... No BS like bullflags. No Asking: when moon? Always referring to the current state of psychology and what the market maker aims to do next. Pointing out the major trend on Elliott Waves . Peace Disclaimer: No financial advice! All content is for information and entertainment purposes only and only reflects our personal opinions or market steps. Viewers are expressly requested to form their own opinion on the content and the statements as well as, if necessary, to seek professional advice.
FTX:BNBPERP
by Hawkeye-Charting
$24 million worth of BNB tokens burned since the BEP-95 upgrade,BNB’s trading volume saw an increase of 26% in the last 24 hours. 50,000 BNB has been burned since the BEP-95 upgrade. This can lead to an increase in the value of the BNB token. The BNB BNB/USD token is a cryptocurrency intended to be used as a means of trading and paying the fees on the Binance cryptocurrency exchange. It was initially created in July of 2017 and was called Binance Coin, prior to the renaming to simply being known as BNB.
BINANCE:BNBUSD
by contractable
2
$24 million worth of BNB tokens burned since the BEP-95 upgrade,BNB’s trading volume saw an increase of 26% in the last 24 hours. 50,000 BNB has been burned since the BEP-95 upgrade. This can lead to an increase in the value of the BNB token. The BNB BNB/USD token is a cryptocurrency intended to be used as a means of trading and paying the fees on the Binance cryptocurrency exchange. It was initially created in July of 2017 and was called Binance Coin, prior to the renaming to simply being known as BNB.
BINANCE:BNBUSD
by surrebuttingtwo
Binance Coin Prepares For Correction (25% Drop Ahead)Binance Coin (BNBUSD) is heading lower while aiming to hit below $450. The correction already started and we have huge bear volume. The MACD shows plenty of room available for additional drop. The market moves in waves... Up and down, up and down. We had a bullish wave for the major altcoins, now we are looking at a bearish wave. Be ready. It will last a few weeks or a few months at most and then we resume the growth. Namaste.
FTX:BNBUSDShort
by AlanSantana
3