BNBUSDT.P trade ideas
Crazy BNB Forecast!! - $72,000 - PSYCHO MODE - on weekly chart, we see a large bullish triangle. Breakout range of this triangle is around USD 72,000 per piece.
Forecast seems crazy, but assuming an optimistic scenario for cryptocurrency market and BTC rate, which will break level of $100,000 for good, it may trigger a psycho mode on stock exchanges and mass logging in of new users.
Binance is largest cryptocurrency exchange - it has its BNB token, which has a unique tokenomics and is constantly mined.
Additionally, it significantly reduces exchange fees.
Cryptocurrency market is crazy and this scenario can be related too.
Good Luck :)
$BNB (BINANCE) Wave Just Starting – Targeting $1100!I posted about BINANCE:CAKEUSDT yesterday because I see greater potential gains in the near term. However, I can't ignore the big player, $BNB. If you're bullish on NASDAQ:CAKE , you must also be bullish on $BNB. The same logic applies to KUCOIN:CATUSDT as well.
I’m targeting an entry as close to $650 as possible. If CRYPTOCAP:BNB drops toward $600 (which I highly doubt), that would be my optimal entry point.
This is a position play, so I’ll be holding for the longer term, aiming for $1100 as my target.
BNBUSDT.1DThe daily chart of BNB/USDT highlights a critical juncture as the price navigates through key technical levels and patterns. This analysis will focus on recent price trends, key resistance and support zones, and the interpretation of major indicators.
Price Action and Structure:
BNB/USDT has been trading within a rising channel, displaying an upward trajectory. The recent peak at $721.80 marks the highest point before the price encountered resistance and slightly retraced to its current position at $641.51.
Resistance and Support Levels:
Resistance Levels: Immediate resistance is identified at $721.54 (R2), just above the recent high. If the price can surpass this level, it may explore new highs. The next critical resistance would then be the psychological barrier around the $750 mark.
Support Levels: The key support is currently near $611.37 (S1), which aligns with the lower boundary of the rising channel. A further support level is at $527.41 (S3), serving as a stronger baseline should the price break below S1.
Moving Averages:
The price movement above the dynamic support line (green ascending line) indicates that the overall market sentiment is bullish. This trend line acts as a potential rebound point for price pullbacks.
Technical Indicators:
MACD: The MACD exhibits a bullish signal with the MACD line above the signal line and the histogram in positive territory. However, a convergence towards the signal line may suggest a slowdown in momentum or a potential reversal if it crosses below.
RSI: The Relative Strength Index is at 57.87, indicating a neutral momentum. This level suggests that there is neither overbought nor oversold pressure, providing room for the price to move in either direction.
Conclusion:
BNB/USDT's current market setup on the daily chart suggests a cautiously bullish outlook with potential for further gains if it maintains its position above the rising channel’s support line. Traders should watch for the behavior around $611.37 (S1) and $721.54 (R2) to gauge the next likely movement. A sustained break above $721.54 could lead to new highs, whereas a fall below $611.37 might indicate a deeper correction towards $527.41. This analysis recommends maintaining stop losses near $611.37 to manage risks effectively, with a keen eye on MACD and RSI for early signs of trend reversal or continuation.
BNBBNB Coin: My friends who missed the explosive rise of Bitcoin, Ripple, and Chainlink, which we posted earlier on the page, the market still has strong opportunities for entry right now. For traders, you can enter with a quick target of $670, then $696, then $722 with an entry at $630 and a stop-loss at $609. For investors, the target is $990, with a stop-loss at $590."
BNB - detailed analysisHi, I belive BNB is still in uptrend. The price can grow. We are not going lower then 50MA. BNB created ascending channel for price. My personal target is 700$ very soon and later 800$.
BNB pumping planbnb has 2 vwaps which has made reaction to them in past now there should be a correction in market so it can be a good demand when they be touched also there is an M pattern as a harmonic pattern so the target is 1.62 level of fib extension (800$) better to wait for a good correction
Binance Coin (BNB): Possible Quick Drop!!Binance coin looks about to have a smaller correctional movement here on hourly timeframe.
What we want to see here is a possible 2 red candles to follow each other, which would most likely result in a re-test of 200EMA and fill that CME gap.
The key thing here is to wait for candles to form!
Swallow Team
BNB SWING LONG IDEA - ALTCOIN SEASON - BNB CHAINBNB is one of the most stable coins in the crypto market. With Binance officially backing it, BNB is relatively safer compared to other altcoins.
Technical Analysis: The price hit and wicked into the monthly demand zone during the August 5th dump, showing a strong rejection and initiating an upward trend. This move established a weekly demand zone by breaking the weekly structure, and as it did so, it created a daily demand zone, which is a significant area for me.
Currently, the price is back into the daily demand and has reached the optimal trade entry zone according to the Fibonacci levels. I anticipate an upward movement from here in the coming days.
Targets: The initial target is $613-$619, with potential to reach the all-time high at $722.
Note: Watch out for the U.S. Presidential Election, as it may cause volatility with long wicks that could stop out positions.
Keeping an eye on #BNB/USDT Diagonal Trendline in 1-Hour TF!Keeping an eye on #BNB/USDT Diagonal Trendline in 1-Hour TF!
Wait for trendline breakdown/retest to short the $BNB. The local resistance level is PWH $668.35 and the support level is PMH $612.77.
The last bullish chance of BNB in mid-term !!The BNB is in a ascending triangle now which means the price will increase and also It is expected that the price would at least grow as good as the measured price movement(AB=CD)
Note: we should wait for the breaking of the triangle and than make a move!
See my first analysis on BNB in 2020
Give me some energy !!
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
BNB on the Brink of a Major BreakoutBinance Coin (BNB/USDT) is approaching a key resistance zone in Blue at $605.5 to $618.5. It's tested this level multiple times, suggesting a possible breakout if it closes above. The target? Around $721.8, 16.54% . A rejection could lead to retesting lower support. Stay tuned
BNB is definitely on its way to $1000.BNB has been consolidating for around 250 days , which is a solid amount of time to build momentum for a breakout. It's almost certain that BNB will hit $1000 soon .
However, this prediction becomes invalid if the price breaks down below $500 with significant volume.
A good price range for accumulation is between $500–$650.
CRYPTO:BNBUSD
Buy BNNBNB is breaking out again. After a many cryptos doing well, finally it starts moving and now is the time to move.
Fundamentally this is the only crypto with serious functionality and utility.
The charts has build up a solid support and setup.
Support: former levels, build up of momentum indicators.
Setup: break out is only a few dollars away, imacd is showing green.
Buy now for 40+ % rally (based on current pattern).
Enjoy!
BNB 1000$The bull market has just started
You must buy good and strong currency
One of the currencies that definitely has room for growth is Binance Coin
which will most likely see above 1000 dollars soon
#BNBUSDT By looking at the chart as a whole,
we can guess what will happen next if
the strong red resistance band and the final ceiling are broken.
watch it carefully
BNB: Ready for a New All-Time HighHello, traders,
I hope you’re all doing well. Today, let’s review the BNB chart in a 2-week timeframe.
On this higher timeframe, BNB is approaching the resistance trendline. With an all-time high of $721, the current price suggests the potential for a new record. BNB has consistently held its support trendline since its inception, and with the 21 EMA providing support, a breakout could happen at any time.
If we see a breakout and a close above the resistance, BNB is likely to enter a price discovery phase and aim for a new all-time high.
During this altseason, if BNB reaches $1,000, it will push its market cap to $144 billion, securing the No. 4 position and surpassing Solana.
Let’s aim for BNB to hit $1,000.
#BNB1000
Always conduct your own research and analysis before investing. This is not financial advice.
BNB to $1500BNB looking primed to break out. Volume is increasing and we are holding above the 100 day VWMA.
Targeting $1500 to complete macro 5th wave.
Would like to see BNB hold $520 and volume increase as we break higher.
Trading opportunity for BNBUSDTBased on technical factors there is a Buy position in :
📊 BNBUSDT
🔵 Buy Now
🪫Stop loss 592.00
🔋Target 1 660.00
🔋Target 2 715.00
🔋Target 3 800.00
💸RISK : 1%
We hope it is profitable for you ❤️
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