BNB inteligentassetBrake out the bull flag
bullish scenario
resistances 322 pivot high& horizontal, 388 bull flag target
bearish scenario
supports 308 upper limit channel, 295 in 50 ema, 289, 273 in 800 ema
BNBUSDT.P trade ideas
BNBUSDT - Price can turn around and start fall to support levelHi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊
When price entered to wedge, it at once made upward impulse from support line to resistance line, breaking $297 and $310 levels.
But soon, price turned around and made a correction to $297 level, after which it some time traded near this level.
Later BNB rose to resistance line, and then it in a short time declined to support line and then made upward impulse.
Price exited from wedge and soon reached $310 level, and broke this level, which coincided with support area as well.
Recently, BNB rose from this area and now it trades near, so I think Binance Coin can turn around and then start to fall to $310 level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
BNB ANALYSIS (4H)BNB appears to have entered a diametric pattern which is now in the middle of wave C.
It is expected to move towards the specified targets to complete the C wave.
We marked the targets on the chart. We also specified the invalidation level, closing a daily candle above this level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank you
Chart Pattern Analysis of BNB.
There is a potential bullish head-shoulder pattern of BNB.
If the following candles break up 255usd or 1/1 Gann Fan line,
The pattern will possibly in effect.
From K0 to K4, it is a potential bullish arc bottom pattern.
K3 to K4 is a potential cup handle area.
So, I bought at 241.
HelenP. I BNB can rebound up of trend line, exiting of triangleHi folks today I'm prepared for you Binance Coin analytics. Some days ago price bounced from the support level, which coincided with the support zone, and declined to 290 points. But soon, the price backed up and broke the 300 level, after which it made a retest and then made a strong impulse up to the resistance zone. Reaching this zone, which coincided with the resistance level, BNB tried to break this level, but soon made a correction below, after which it turned around and made impulse up higher than the 315 level, breaking it. Later price turned around and made a strong impulse down to the trend line, breaking the 300 and 315 levels, but soon BNB rebounded from the trend line and rose back to the support level. Next, Binance Coin rose to the resistance zone, after which the price turned around and in a short time declined to the 300 level, where it some time traded and later bounced up, forming a triangle pattern. A not long time ago price rebounded from the resistance line to the trend line, where BNB continues to trades near now. For my mind, I expect that Binance Coin will correct to the trend line again, after which the price can rebound and start to move up to the 310 level, thereby exiting from the triangle pattern. If you like my analytics you may support me with your like/comment ❤️
🟠$BNBUSDT 4H#BNB(Binance Coin) on a 4-hour timeframe shows clear evidence of a BULLISH DIVERGENCE pattern.
#BNB has reached the price of $338 in December 2023, since the local top price has seen multiple LH (Lower High).
However, on the other side, the RSI is showing just the opposite and is forming new HL( Higher Lows) considering this and also looking at the support #BNB is getting from M.A.
It seems to me that #BNB is finally ready to break above this month-old downward price channel and break above the $313 level.
📈In Short-Term Bullish📈
But the market can flip at any time!
So DYOR (Do Your Research)
Hit 🚀 if you guys want more Crypto Pairs analysis.
#bnbusdt #crypto #marketpdates #thesoumyoroy
BNBUSDTBNBUSDT was trading in symmetrical triangle pattern. The price was reacting well the support and resistance of triangle.
Currently the price has given the breakout of triangle and now retesting the broken level where it is also forming a local support zone and seems like the price may go for another leg higher.
If the breakout sustain to upside the optimum target could be 315
What you guys think of this idea?
Formation of three continuing patternsIn the daily time, two patterns of cup and flag have been formed, but they have not been completed yet
And in the time of 4 hours, a symmetrical triangle pattern is forming, so it is better to keep an eye on this currency for long.
BNB: Bullish FlagTrade setup : Price remains in an Uptrend. Following a bullish break above $300 key level, price reached as high as $338 but got very overbought (RSI > 80). Now it’s consolidating in a Bullish Flag pattern, which is a continuation pattern that typically resolves in a bullish breakout in the direction of the existing Uptrend. We wait for a breakout to confirm the Uptrend, with upside potential to $350 thereafter.
Pattern : Bullish Flag pattern. Short term small rectangle trading range between diagonal parallel lines. It moves counter to the prevailing price trend observed in a longer time frame on a price chart. It forms typically following a sharp advance and often indicates a small change in direction (or areas of consolidation) before the previous trend resumes. Flag pattern is among the most reliable continuation patterns that traders use because it generates a setup for entering an existing trend that is ready to continue. Trade is initiated on a breakout, if it is in the same direction as the prevailing trend. Also, with bullish flag patterns, traders prefer a breakout with an increase in volume but it isn’t a must.
Trend : Downtrend on Short-Term basis and Uptrend on Medium- and Long-Term basis.
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing.
Support and Resistance : Nearest Support Zone is $300, then $260. The nearest Resistance Zone is $350.
BNB/USDT 4H Chart ReviewI invite you to review the BNB chart on a four-hour interval. We will start by defining, using the blue lines, the downward trend channel in which the price holds, and slightly using the yellow lines, we can determine the upward trend channel in which we are approaching the lower border.
Let's now move on to marking the support areas for the price and after unfolding the Fib Retracement grid, you can see strong support at the lower border of the channel at $291, but here it is worth spreading the grid again in a smaller range, thanks to which you can see the support that currently holds the price around $297, however, when the price bottoms out from the first and second support, we may see a drop to around $272.
Looking the other way, we can similarly determine the resistance areas that the price must face. And here we see that the price is effectively rejected by the strong resistance zone from $308 to $321, but when it breaks above it, we will be able to see an upward movement towards the resistance level at $342.
When we look at the RSI indicator, we will see that, similarly to the STOCH indicator, we are near the middle of the range, with room for a potential deepening of the correction.
BNBUSDT.PThe recent low in the 1-hour timeframe has not been validly broken, preventing the establishment of a clear take-profit (TP) point for the trade. However, based on the structure, momentum, and in alignment with my strategy, I anticipate a price bounce from the 4-hour point of interest (POI), making a pending order a viable option
BNB/USDT in Wyckoff "C" phaseHello,
BNB create a Wyckoff pattern like a school exaple. I follow the chart and drawet the pattern weeks before. It seems, that chart will be formed according to a regular wyckoff pattern. The chart is supported to reach the spring point by the DXY chart, that seems to make a correction in his downtrend up to ~ 102,5 - 103.
This theorie supports the fact as well, that the Crypto total market cap Chart has been rejected fhom the resistance level at 1.203T, and seems to fall to 1.03 or below.
The BNB formed in the few days a bearish flag, and the RSI and MACD shows too, that we have place for a downtrend.
bnb - 🚧 Bullish now🚧 & many Traders don't see it 👀!!According to the descending channel drawn, I predict that Binance will grow
Binance Coin can exit from wedge and decline to support levelHello traders, I want share with you my opinion about Binance Coin. Observing the chart, we can see that the price not long time ago made an upward impulse from 305 to 321 points, thereby breaking the resistance level, which coincided with the seller zone. After this price entered to downward wedge, where it rebounded from the resistance line and in a short time declined lower than the 312 level, breaking it again. Next, the price made a retest and declined until to support level, which coincided with the buyer zone, and soon BNB broke this level too and declined to support line of the wedge. Then the price turned around and made a strong upward impulse to the seller zone, breaking the 296 level one more time. After this movement, BNB rebounded from the seller zone and made correction to the buyer zone, after which the price bounced and tried to rise, but failed and declined to support line. Recently Binance Coin rebounded from this line and started to move up, so I think the price can make a small movement up, after which it will turn around and continue to decline to the support level, thereby exiting from the downward wedge. For this case, I set my target at the 296 level. Please share this idea with your friends and click Boost 🚀
BNB/USDT WEEKLY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this BNB/USDT update from Crypto Sanders.
Chart Analysis:- Hello friends, what do you think after seeing the chart? Please comment on the BNB WEEKLY update.
BNB struggled to hold its own, which is why it closed the week without any significant changes in its price compared to the previous week.
Buyers managed to keep it above $300 at the time of this post, which is a positive sign. If the overall market sentiment improves in the coming days, BNB may also follow suit.
Looking ahead, this cryptocurrency has been found in a flat trend since the beginning of the year, and a major breakout is needed to take the price to the $360 resistance.
I have tried to bring the best possible results in this chart.
If you like it, hit the like button and share your charts in the comments section.
Thank you.
Bnb usdt on one week laterI think bnb usdt goes into to my trendline ,if its happening i have a long setup in daily timeframe
HelenP. I BNB can fall lower trend line and then make impulse upHi folks today I'm prepared for you Binance Coin analytics. If we look at the chart we can see how the price some time ago rebounded from the trend line and made a strong impulse up to the 288 support level, which coincided with the support area and soon broke this level. Later it made a retest and continued to move up to the 327 resistance level, which coincided with the resistance zone, and even rose to this zone, but soon BNB turned around and fell below and in a short time declined to the support level. After this BNB some time traded near the support level, after which it rebounded from this level and tried to grow to the resistance level, but failed and in a short time fell to the trend line and even lower than this line. But soon, the price turned around and started to trades near the trend line, but a not long time ago it fell back to this line and recently started to rise again. For my mind, Binance Coin will correct below the trend line, after which it turn around and make impulse up. That's why I set my target at the 315 level. If you like my analytics you may support me with your like/comment ❤️
BNB/USDT 1HInterval Chart ReviewI invite you to review the BNB chart, on a one-hour interval. However, here we will start by marking with blue lines a strong downward trend channel in which we have been moving for a long time, currently in the upper part. Moreover, we can mark here the zones that can be seen to have an effective impact on the price, there is a clear support zone, as well as a resistance zone for the price in the long term at the top.
However, locally, using the yellow line, we will determine a local upward trend where the price is struggling to stay.
Let's now move on to marking the support areas for the price and after unfolding the Fib Retracement grid, we can see that first of all we have support around $303, which currently holds the price, but if we go lower, it is worth marking an important support zone from $293 to $287.
Looking the other way, we can similarly determine the resistance areas that the price must face. And here we see that currently the zone from $309 to $314 has effectively stopped the growth, but if it is overcome, we can see an upward movement towards the strong support level of $321.7.
Looking at the RSI indicator, you can see a return to the middle of the range, which quickly results in a downward reflection, because on the STOCH indicator, a strong upward impulse resulted in a reversal in a similar place to the last one, and what's more, we can mark the trend line at which the indicator turned around.
BNBUSDT: A quick scalp opportunity on 4H candleBNB is bouncing back from the support and heading towards the next resistance after a strong bounce back from major support at 280.
Next target for the BNB is at around 320
This is a quick scalp opportunity with significant risk. So careful with your position sizing and make sure to keep the stoploss.
Entry at: 306-309
StopLoss: 303
TP1: 312
TP2: 315
TP3: 320
Cheers!
GreenCrypto
Like and follow us for best crypto ideas and market updates.
BNBUSDT - Price can bounce from support line and start growHi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊
Some time ago price bounced from resistance level, which coincided with resistance area, and in a short time it fell to $290 level.
Then BNB some time traded between $318 and $290 levels, after which price fell to support line and started to grow.
Price rose to resistance area, but soon it turned around and made downward impulse to support area, breaking $318 level.
After this, price entered to triangle, where BNB bounced from support line and in a short time rose to resistance line.
Recently, price bounced down from this line to support line, where it continues to trades near.
Binance Coin can correct to support line, after which it bounce up to $315, thereby exiting from triangle.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Binance Coin(BNB): Which Way Will We Go?BNB is trading inside the sideways path, where it is currently trying to secure the middle line of Bollinger Bands.
We are waiting for the perfect setup here, which means to wait for the support or resistance zone to be reached and see how the price is going to reach that zone eventually.
After that (getting more confirmations), we can monitor further for a potential long or short position!
Swallow Team
BNB/USDT 4HInterval ChartI invite you to review the BNB/USDT chart, on a four-hour interval. As you can see, the price remains above the local upward trend line.
Looking at the price increase, it is worth spreading the fib retracement grid, thanks to which you can see the price fighting in a strong resistance zone from $308 to $314, and then there is resistance at $322.
Looking the other way, there is support at $303, followed by a strong support zone from $293 to $287.
The RSI shows room for a price increase, and the STOCH indicator shows another increase, which may limit the room for increases.
