BNB and its crazy movement aheadSeems a little bit crazy. But this weekly chart reveals that BNB is going to breakout and fly very high in this bull market cycle. Whether it will breakout successfully or not, it is a good for a try.
BNBUSDT.P trade ideas
BNB/USDT About to Escape an Ascending Triangle? 👀🚀BNB Analysis💎Attention Paradisers! The #BNBUSDT chart is hinting at a potential surge. We’re locked onto a crucial support line within an ascending triangle at $561.9.
💎If the support holds, the asset will just ignite a bullish charge towards the $647 resistance mark and possibly climb higher.
💎If #BinanceCoin falters here. We’ve got a safety net at the $502 support zone, famed for its market magic. This area has often shown impressive rallies and painted the chart with vibrant green strokes for $BNB.
💎Slipping beneath this vital line will mean shifting gears to a bearish phase, marked by a rush of sales. Stay alert and adaptable as we navigate the twists and turns of the #BNB trading adventure.
BNB/USDT | 1W 👀BNB/USDT | 1W 👀
From a technical standpoint, everything looks quite good.
At these prices, it wouldn't be rational to add to the portfolio if profits were taken earlier. Short to medium-term purchases could be considered, but personally, I'll opt for a long-term hold!
I've marked approximate targets on the chart.
- Not financial advice, trade with caution.
#Crypto #BNB Chain #Investment #BNB
✅ Stay updated on market news and developments that may influence the price of BNB Chain. Positive or negative news can significantly impact the cryptocurrency's value.
✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility.
✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking.
#Crypto #BNB Chain #Investment #BNB
BNBUSDT.PConfirm this scenario on the lower time frame (1 minute) before taking any action. Avoid using pending orders, and ensure confirmation from the 1-minute time frame before opening a short position
HelenP. I Binance Coin can break trend line and fall to $560Hi folks today I'm prepared for you Binance Coin analytics. A not long time ago price declined to the 598 resistance level, which coincided with the resistance zone, and in a short time broke it. After this, BNB continued to decline to the 535 support level, which coincided with the support zone and also broke this level too and fell to the trend line. After this, the price turned around and made an impulse up from the trend line to 585 points, thereby breaking the 535 support level. After this movement, BNB made a correction to the support level and then continued to move up to the 598 resistance level. When the price reached this level, it at once rebounded and declined to the trend line, after which, a not long time ago bounced and continues to move up near this line. For my mind, Binance Coin will reach the resistance level again, after which the price can rebound and decline to the 560 level, breaking the trend line. If you like my analytics you may support me with your like/comment ❤️
BNBUSDT.P:MEXCfor BNBUSDT.P in 15m TF, i expect drawn path. after CHoCH price tends t sweep the liquidity. price has closed above inducement liquidity in this case most of the time price go higher to sweeep remained liquidity
BNBUSDT - IN BEARISH TRENDBNBUSDT is trading in bearish trend in 1hr time frame as it is showing lower highs lower lows and confirmed by the formation of Evening Star, Hanging Man & Tweezers Top Candlesticks.
BNB/USDT 4HInterval Chart ReviewHello everyone, let's look at the 4H BNB to USDT chart, as we can see that the price is staying above the local downtrend line, but at the border of the uptrend line.
Let's start by setting goals for the near future that we can include:
T1 = $589
Next, there is a strong resistance zone from $613 to $646.
After going up, we may see a price increase towards $739.
Now let's move on to the stop loss in case of further market declines:
SL1 = $542
SL2 = $506
SL3 = $468 to $417 zone
AND
SL4 = $417
Looking at the RSI indicator, you can see that it remains below the downtrend line and indicates a transition into a downtrend. However, the STOCH indicator is approaching the lower limit, but there is still room for a greater decline.
BNBUSDT SHORT OUTLOOKHello Traders, this is outlook that i think might be work. All Entry, Stop Loss, and Take Profit its already showed up. All trade it is on yourself. DYOR.
Binance Coin(BNB): Potential ScenarioBinance Coin has seen some decent moves after that successful breakdown of the double top pattern.
We are looking for a potential buy zone near that lower 200 EMA, where the currentyl price is struggling to break the smaller resistance. If all plays out nicely, we should see a rejection (downward movement) and then a good bounce to the upper zones towards that last resistance of Double Top.
Swallow Team
BNBUSDT - Price can exit from channel and fall to support levelHi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊
Some time ago price started to trades in wedge, where at once made upward impulse from support line.
After this, BNB broke $537 and $611 levels, but soon made a correction, after which it soon rose to resistance line.
Next, price in a short time declined to support line of wedge, thereby breaking $537 and $611 levels one more time.
Then BNB turned around and later exited from wedge also, after which started to move up in rising channel.
In channel, price rose to $598 points, but recently it fell to support line, where at the moment trades near.
Now, I think that Binance Coin can little grow and then decline to $537 level, thereby exiting from channel.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Short BNB till range 500 USDBearish trend in the 1 hour chart, did not have enough volume,,,, down to 495 to 500 USD
BNB - Holding Strong and Ready for next moveBINANCE:BNBUSDT (4H CHART) Technical Analysis Update
BNB is currently trading at $317 and showing overall bullish sentiment
We are seeing nice 1D candle which is showing a bullish sentiment. We can expect the trend to continue until 340$ and we can see some resistance at that range.
Once BNB breaks the 340 range then next target is an easy 400$
Entry level: $310-317
Stop loss level $280
Target 1: $ 337
Target 2: $ 374
Target 3: $396
Target 4: $448
Max Leverage: 2x
Don't forget to keep stop loss.
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GreenCrypto
BNBUSDT: Riding the Bullish Wave with Strategic Analysis"In the dynamic world of cryptocurrency trading, identifying patterns and key zones is essential for navigating market trends effectively. One such pattern that often signals a bullish trend reversal is the W pattern, characterized by a double bottom formation. Within the context of BNBUSD trading, the emergence of a W pattern signifies a potential shift from bearish sentiment to bullish momentum.
At the heart of this pattern lies the main buy zone and order block zone, where whales and significant investors strategically position themselves to capitalize on favorable market conditions. In the case of BNBUSD, this critical zone is observed between $528 to $524. Within this range, market participants identify a convergence of factors that make it an attractive accumulation area.
The $528 to $524 range represents a level of significant support, where historical price action suggests increased buying pressure and a reluctance of sellers to push the price lower. As the price approaches this zone, traders and investors perceive BNB as undervalued, prompting increased buying interest and positioning for potential price appreciation.
Moreover, within this buy zone, the presence of order blocks further solidifies its significance. Order blocks are areas on a price chart where significant buying or selling activity has occurred, often leaving behind a "block" of orders yet to be filled. In the context of BNBUSD trading, the $528 to $524 range represents a notable order block zone, indicating substantial buying interest from whales and large institutional investors.
The strategic accumulation of BNB within this zone is driven by the anticipation of future price growth. Traders and investors recognize the potential for a bullish reversal following the formation of the W pattern, with the $528 to $524 range serving as a launching pad for upward momentum.
It's important to note that the significance of this buy zone extends beyond mere price levels. It reflects a collective sentiment among market participants, including whales and institutional investors, who strategically position themselves to capitalize on future price movements. Their accumulation within this zone not only provides support for the price but also signals a vote of confidence in the long-term prospects of BNB.
In conclusion, the W pattern observed in BNBUSD trading signals a potential bullish trend reversal, with the main buy zone and order block zone identified between $528 to $524. Within this critical range, whales and significant investors strategically accumulate BNB in anticipation of future price appreciation. By recognizing the significance of this zone and understanding the dynamics at play, traders can make informed decisions to capitalize on potential opportunities for profit.
Short BNB. May touch our entry area and go down It seems bearish in short time frame. Please properly manage the risk. Best of luck for the trade.
Take a long on BNBUSDT on a risk of 1:1 or 1:2 if you wishSince the arrows accroding to my sniper strategy have shown up proving also on higher time frames plus breaking and retesting of the support level
Binance Coin(BNB): Expanding Further The Bollinger. BandsBinance coin has been expanding further, making new highs in a smaller timeframe while not giving any corrections (which is crucial for healthy bullish movement).
We are monitoring to see a sign of weakness for a potential short-term position.
Swallow Team
BNB?USDT 1HInterval Chart ReviewHello everyone, let's take a look at the 1H BNB to USDT chart, as we can see the zena is staying above the upward trend line, and locally we can see an upside exit from the triangle.
Let's start by setting goals for the near future that we can include:
T1 = $570.8
T2 = $592.50
T3 = $608.4
AND
T4 = $627.6
Now let's move on to the stop-loss in case of further market declines:
SL1 = $547.1
SL2 = $535.3
SL3 = $514.6
AND
SL4 = $482.4
Looking at the RSI indicator, it can be seen that it has returned to the upward trend, with room for a possible continuation of growth. However, on the STOCH indicator we can see that it is approaching the upper limit, but it also has some room before recovery.
BNBUSDTA great scalp position, given that we are in a strong uptrend and corrective wave analysis we can expect to return to the green zone.
Be patient and enjoy your profit
BNB looking bearish time to short I'm still bearish on the BNB . I still think it's likely we're going new LH and LL in the near future. This is a more short-term oriented trade and will only be activated under certain conditions.
