Best Trade 2024In my opinion, the overall future of this currency pair is bullish and I am waiting for an entry based on the areas I have identified
BNBUSDT.P trade ideas
Signal ScreenerIn my opinion, the overall future of this currency pair is bullish and I am waiting for an entry based on the areas I have identified
$Bnbusdt#btc #eth #crypto #bnb
CRYPTOCAP:BNB may crate new high soon. may follow green arrow. no rush for short after new high.
LONG - BNBA great many altcoins would have done the job. According to data compiled by S&P Global Market Intelligence, for example, BNB (CRYPTO: BNB) booked a weekly gain of 10%, while Hedera (CRYPTO: HBAR) edged past it with a 11% rise. Not to be outdone, VeChain (CRYPTO: VET) zoomed nearly 20% higher and Internet Computer (CRYPTO: ICP) defied gravity at an almost 30% clip
📊#BNB ’s potential smiley face structure deserves attention👀🧠As the world's largest cryptocurrency exchange, although FUD occurred some time ago, the problem has been successfully resolved, and BNB's recent rebound has also been very strong. From the structural point of view, it is not difficult to find that there is a potential smiley face structure to be established here. If it is successfully established, then we will hope to challenge the short defense point and the previous high💪
Let’s see 👀
⚠️Note that technical analysis is for reference only, don’t forget risk management. If you find it useful, please don’t forget to follow, like❤️ and share my analysis post📤
BNB/USDT Ready for a Bull Run? 👀🚀 BNB Analysis 💎 Paradisers, set your sights on BNBUSDT for a significant trading possibility. The asset is currently in a descending channel, indicating a strong potential for an upward shift from a key support level.
💎 Over the last month, BinanceCoin has skillfully adhered to its channel pattern. Having now reached the crucial support level at $206, there's a pronounced chance of a bullish reversal, which could culminate in a breakout from the channel.
💎 This outlook is bolstered by VRVP analysis, which suggests that historical visits to key support levels typically lead to strong bullish movements. If this bullish trajectory continues, BNB could be heading towards resistance levels at $271 and $310.
💎 However, it's crucial to monitor BNB closely. Falling below the current support level would require a significant reevaluation of our trading approach. Such a trend reversal could indicate difficulties in maintaining the bullish momentum, requiring strategic adjustments to align with the changing market conditions.
💎 Remain vigilant and proactive, Paradisers. Paradise Team is committed to provide you with thorough analysis and strategic insights to empower you to navigate these market fluctuations skillfully.
Long-Term Short BNB BinanceI would sell BNB tokens. Binance does not have a good reputation in the industry. Pressure on Binance is expected to increase. Technically, the chart looks good, but I am not a fan of this company and do not use the platform. I only invest in what I actually use
BNB: Resistance BreakoutTrade setup : Following a bullish break above $300 resistance zone, price reached as high as $338 but got very overbought (RSI > 80). Now it’s pulled back and is retesting that $300 key level. Upside potential to $350. Stop Loss (SL) level at $285 (10% downside risk versus 20% upside potential for a 1:2 Risk-Reward Ratio).
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish but inflecting. MACD Line is above MACD Signal Line and RSI is above 55 but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum is weakening.
Support and Resistance : Nearest Support Zone is $300 (previous resistance), then $260. The nearest Resistance Zone is $350.
BnbusdtHarmonic setup
Stops entry and targets listed for 2 potential harmonic patterns
Fits with orderbook structure so pretty good confluence for a bounce
Also retesting the upper Bollinger band on the 1daily..
BNB / Usdt first new year analysisYuup guys again happy new year and wish you the best ever
2 zone shown for buy opportunity , but now i am bearish on bnb.
Please attention. When market off trading is more riskier than normal based on this i do'nt recommended you for getting position
It's only my advice for other traders , not financial dicision.
290$ is desirable zone for long if we have a confirmation there
Soo enjoy you vacation fellas
Bnb Analysis of the currency BNB:
The currency has broken the downtrend for the first time. Now, we await a correction to enter it confidently, and God willing, we'll hit all the targets after the correction. The entry point would be upon it touching the downtrend line, as shown in the image, within the buying zone between $270 and $265. As for the targets:
Target 1: $350
Target 2: $400
Target 3: $460 😉😉😉😉
Bnb coinAnalysis of the currency BNB:
The currency has broken the downtrend for the first time. Now, we await a correction to enter it confidently, and God willing, we'll hit all the targets after the correction. The entry point would be upon it touching the downtrend line, as shown in the image, within the buying zone between $270 and $265. As for the targets:
Target 1: $350
Target 2: $400
Target 3: $460
😉😉😉😉
BNB is About to Breakout from AccumulationI believe BNB has been in a Wyckoff Accumulation phase since May 2022. A breakout from the accumulation range-high could initiate a bull phase. My 2024 target is its former ATH at around 700 USDT, but the 1:1 fib extension at 858 USDT is also reasonable (Note: I use the regular scale, not a log chart).
Accumulation Phase A:
SC: In June 2022, BNB reached its Selling climax at 183.72 USDT.
AR: Following the SC, BNB began the Automatic Rally phase, which reached a price of 336.5 USDT on August 8th, 2023.
ST: BNB Concluded Multiple Secondary Tests that established support at around the 250 USDT level.
Accumulation Phase B:
UT/Bull Trap: BNB made an HH on November 7th, following the FTX collapse, which served as a bull trap.
ST/SoW: following the HH, it broke below the 250-support level in Sign of Weakness. However, Price did not reach the range-low, much less below it.
UT: Following the ST, BNB had two Upthrust events. The first UT action reached the range-high, and the second broke above the previous high in another bull trap/stop hunt.
Accumulation Phase C:
Spring: BNB’s Price did not perform a spring action in the sense of an LL. However, it experienced a significant Sign of Weakness and dropped to as low as 202 USDT. I decided to categorize this SoW as the Spring.
Accumulation Stage D:
Phase D represents the transition between the Cause and Effect. It stands between the Accumulation range (Phases A to C) and the range breakout (Phase E).
In the following days and weeks, BNB will perform a range breakout above 336 USDT and begin the final transition from bear to bull market.
A break above the 0.5 Fib retracement at 355 USDT will indicate the range breakout has begun.
BNB analysis It is expected that with the breaking of the ascending channel and the RSI trend line, we will see the beginning of the correction wave c.
The end of correction will probably be until 29.5
#BNBAfter a correction in the range of 50%, after exiting the density, it can continue the growth with a pullback to the support range until the supply range. At the same time, this correction may continue up to the 23% Fibo range if the support range is broken, which will be the red line range.
BNBUSDT/BINANCE COINWere going to 300$, yes we are. after the Bitcoin rise, we might see this coin CRYPTOCAP:BNB can goes to 300$. This is just only my observation.
This is not a financial advice.
DO your own research.
After exiting from pennant, BNB can continue grow to 240 levelHello traders, I want share with you my opinion about Binance Coin. Observing the chart, we can see that the price some time ago declined to the buyer zone, breaking the support level, and even later declined to lower this zone, but soon it rebounded back, making a fake breakout of the 245 level. Also, BNB started to trades in a range, where it later rose to the top part, but then rolled a little down. After this, the price made an upward impulse to the current support level, thereby exiting from the range and entering the pennant. In the pennant, BNB broke the 308 level, which coincided with the support area, and a few moments later reached the resistance line of the pennant. After this movement, Binance Coin bounced from this line and in a short time declined to support the area, but recently price rebounded up from this area and even soon broke the resistance line, thereby exiting from the pennant. So, now I think that Binance Coin will fall to the support area first, and then it can continue to move up. For this case, I set my target at the 240 level. Please share this idea with your friends and click Boost 🚀
BNBusdtOn the four-hour chart, we see the development of the flag formation. According to it, we can note SL at the level of 306.02 is 4.12%, and TP at the level of 375.06 is 17.51%.
Good profits to all, please like and subscribe.
#BNBUSDT #LQR #TOBTC #LaqiraProtocolDue to the upward structure of the price in certain potential zones, we are waiting for a reaction after confirmation you can look for reasons to enter. This analysis is a personal view and the offer is not buy or sell.
🚀💹 Binance Coin (BNB) Awakens with 18% Weekly Surge! 🌐🔥Binance Coin (BNB) has experienced a notable resurgence, surging over 18% and reaching a price level exceeding $300. This bullish momentum has propelled BNB to new local highs and is reviving optimism in the cryptocurrency, particularly after facing challenges from regulatory concerns in the United States. Here are the key details:
Market Performance:
Price Surge: BNB has recorded an impressive 18% price increase over the week, demonstrating a strong bullish reversal.
New Local Highs: The cryptocurrency has achieved new local highs, marking a positive shift in its price trajectory.
Resilience Amid Regulatory Challenges: Despite facing challenges related to regulatory scrutiny in the U.S., BNB has shown resilience and regained positive momentum.
Technical Outlook:
The current resistance is identified at $350, and a successful break above this level could pave the way for BNB to attain new yearly highs.
The bullish reversal is surprising and brings renewed optimism to BNB, signaling a potential turnaround in its market sentiment.
BNB MACRO ANALYSIS + BEHIND THE SCENE Well I asked myself what else could this be and I can't find a better answer other than this. There are other scenario but since it also share a common ground with is one, I prefer to release this footage only, for now.
By the way this is a weekly chart (long term) and it interprets that we are in some kind of a larger degree wave B-cyan (Triangle) which has completed or will complete at $300 region. I have also published my unusual (behind the scene) RSI chart (even though there is more to it) in a long while, I hope you learn some insight! BINANCE:BNBUSDT
BNBUSDT - Price can make correction and then bounce up to $342Hi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊
Recently price entered to rising channel, where it rose to $265 support level, which coincided with support area.
Then, BNB broke $265 level, reached resistance line of channel, and then made correction to this level.
After it some time traded near this level and then price rebounded and made upward impulse to $312 level, exiting from channel.
Also, BNB started to trades in pennant, after channel, where it broke $312 level and soon reached resistance line.
But a not long time ago price bounced from this line and declined to $312 level and at once bounced up.
Now it trades near support area and I think that BNB can fall to support area, exiting from pennant, and then bounce up to $342
If this post is useful to you, you can support me with like/boost and advice in comments❤️
