BNB ready for $800BNB ready for $800.
Maybe a BNB Spot ETF? 👀 If there were to approve a Solana Spot ETF, BNB might be the next one. During the election year, anything can happen. Ready to catch opportunities.
BNBUSDT trade ideas
Buy BNB - it is breaking out! CRYPTOCAP:BNB
It is breaking out again - the next super ally will begin!
BNB is a good crypto because it has several unique features that set it apart from other cryptocurrencies:
(1) Reduced transaction fees when trading on the Binance exchange, making it cost-effective for traders.
(20 Token sales) The Binance Launchpad has hosted numerous successful token sales, and users can participate using BNB.
(3) Staking rewards: Users can stake BNB to earn rewards, even without holding massive amounts of the cryptocurrency.
(4) BNB stands out as one of the top utility tokens in the cryptocurrency industry.
(5) BNB implements a unique burndown policy, wherein a portion of the token supply is permanently removed from circulation.
BNB/USDT: Enter on Bullish Consolidation Break, Buy Stop at $625BNB/USDT has displayed a bullish consolidation pattern and is now poised for an upward breakout. A buy stop order is set at 625 to capture the breakout from this consolidation, targeting a favorable risk/reward ratio of 1:2. This strategy anticipates a significant upward movement as BNB/USDT aims to reach higher resistance levels. Monitor closely for the activation of the buy stop as it indicates strong buyer momentum, positioning for a potential rise towards our calculated target.
BNB looking super strong.There's obviously liquidity sitting in that zone but BNB is crunching it down with every visit at that area.
Momentum is looking strong once again. Couple that with BTC trying to establish he 69K area as support and you get a clear picture of what's coming.
If it breaks through that liquidity zone, nothing but clear skies towards a new ATH
BNB M BULLFLAG, explosive move on H BNB getting its explosive move to resistance after weeks of continually basing higher.
Been flipping this for weeks to build a decent position,
Out1 /2 too profits into this move ,
taking back a big position in retest of 15 Ema 12 and then 5 OS for an H HL.
Basically I am expecting a break oiut of this range soon , if yoo see my post on JASMY
it did a similar thing and had nice follow through.
BNBUSDT. Trading opportunityOn the daily timeframe, the price has formed a sideways movement and reached the mandatory target of the seller's vector 7-8. The next relevant buyer's vector 8-9 has a potential target of $634. The price is currently in the middle of the sideways range on the daily timeframe.
On the hourly timeframe, the price has also formed a sideways movement. The short seller's vector 11-12 broke below the lower boundary of the sideways range at $574 and collected sellers' liquidity. Pay attention to the key volume of the last vector 11-12: the candle with the highest volume in the vector is at the bottom (marked as 'KC' on the chart). Then the buyer absorbed this volume and returned the price to the sideways range, forming a new buyer zone at the boundary of the sideways range (the blue rectangle on the chart, upper boundary at $575.5). The key volume (largest) in the emerging buyer's vector is also at the bottom (the candle on the chart is marked as 'tKC'). This setup increases the probability of realizing the buyer's vector 12-13 with a potential target on the hourly timeframe of $600.
Idea: Look for purchases as the realization of the buyer's vector 12-13 on the hourly timeframe and the buyer's vector 8-9 on the daily timeframe. The target on the hourly timeframe is $600.
The preferred option is to look for purchases from the defense by the buyer of the buyer zone at the lower boundary of the sideways range.
BNB ATH incomingIt seems to me that $1000 per BNB is destined at this point
Binance won the exchange wars, and it's positioned to win in the scene of degenerate gambling that the US economy is promoting, high levels of debt and keep on printing infinite fiat (saw news that the Wall Street guys are looking to adopt the 24/7 trading hours)
In whatever case, bear market or bull market, Binance is the best investment for the crypto industry.
So much for decentralization and muh ''bitcoin fix this''
BNB retracing back to 50%??this could be possible
the on monthly and weekly we can see the price action is sell on high and buy on low, and price recently hit the high and forming triangle on the daily time frame
we can see rsi falling and with price it could be bearish divergence
450-425 is the 50% from the swing low
let see how the structure forms .......
BNBUSDT: Strong Sell Coming Up! BINANCE:BNBUSDT
Price have been consolidating since a long time now, we are expecting price to manipulate first which will take our buy side liquidity and then after we can see price to drop strongly. Please wait first for the price to do it thing and once it takes out the buy side liquidity and with the confirmation we can enter sell entry.
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Team Setupsfx_
BNB/USDT 4HInterval Chart ReviewHello everyone, let's take a look at the 4H BNB to USDT chart as we can see that we are getting close to trying to break out of the triangle.
Let's start by setting goals for the near future that we can include:
T1 = $600
T2 = $608.50
T3 = $614.50
T4 = $621
AND
T5 = $643.50
Now let's move on to the stop-loss in case of further market declines:
SL1 = $595
SL2 = $583
SL3 = $573.50
AND
SL4 = $563
When we look at the EMA Cross 50 and 200 indicator, we will see the yellow ema cross 50 line staying above the blue ema cross 200 line, which confirms that the uptrend is continuing.
BNB TM : 1hHello traders.
I hope you doing well.
These areas are based on my personal strategy and I will share it with you.
Open a sell position on the supply area or open a buy position on the demand area.
Your entry point, stop loss, and target point are based on money management and the amount of money in your trading account.
But I promise you that by trading in the areas of my trading strategy, you will definitely make a profit, because these areas, although they seem simple, are my experience of 8 years of learning and trading.
I hope you will achieve maximum continuous profit with me by using supply and demand areas.
Good luck traders.
Mohammad Goodarzi
Binance CoinHello to all dear traders.
Today we have examined how to analyze the chart of Binance Coin (BNB) in order to use useful insights and recommendations for our trades. Binance Coin (BNB) is a very popular and widely used digital currency provided by the Binance exchange. This currency is primarily used for paying fees and various expenses within the Binance ecosystem, and it is also considered as a discount for traders on this exchange.
#Smart Money Concept
#Liquidity
#Currency hunter
BNB/USDT Boring Chart in accumulation process, now BNB looks Bullish, i think next target BNB will be 800 arround 37 % from entry or even more, I wait until Changpeng Zhao (CZ) set free and BNB will make significant movement. remember this is my own research, not financial advice so DYOR!.
bnbusdt daily signalHello, we came with the analysis of the currency bnb, as you can see, the currency bnb is in a very good situation, if it can break upwards, it can grow very well, even breaking its historical ceiling.
bnbusdt daily signalHello, we came with the analysis of the currency bnb, as you can see, the currency bnb is in a very good situation, if it can break upwards, it can grow very well, even breaking its historical ceiling.
Testing the bottom of the ascending triangleIn the daily chart of BNB, it is observed that the price is testing the bottom of the ascending triangle formed at the price range of $580.
The significant resistance level is at $632, which, if broken, can be seen as an indication of the continuation of the upward trend. Breaking the support level at $580 could lead to a further decline in price to lower levels.
Binance Coin Price Pattern Set for Breakout is $900 Inevitable?The native coin of the crypto currency exchange Binance ( CRYPTOCAP:BNB ) price has been in a close consolidation phase for nearly 13 weeks. With each passing daily candlestick close, CRYPTOCAP:BNB gets squeezed more, suggesting a steady decline in volatility. These types of continuous consolidation in price actions are usually followed by a massive breakout, and that’s what awaits $BNB.
Binance Native Coin CRYPTOCAP:BNB price Sets for Breakout
Binance Coin price spike up 63% between March 6 and 16, setting up a local top at $646. This impressive uptrend, which only took CRYPTOCAP:BNB ten days to go from $394 to $646, was followed by a consolidative phase that exists as of Saturday.
Despite the price action from March 6 to June 1 shows the formation of a bullish continuation pattern known as a "Bullish Pennant". The aforementioned 63% rally is the flag pole, and the sideways movement that produced lower highs and higher lows is the pennant.
The forecast for this setup is determined by adding the flag pole's height to the breakout point. In Binance Coin’s case, assuming the breakout occurs at $616, the flag pole’s height shows that the Bullish Pennant target for BNB is $900. This ambitious target is roughly 45% away from the all-time high of $692.90.
However, if the market outlook worsens, sending Bitcoin ( CRYPTOCAP:BTC ) price down to $60,000, then it could disrupt the Binance Coin ( CRYPTOCAP:BNB ) price movement, leading to a bearish breakout. This move would invalidate the bullish pennant pattern. In such a case, CRYPTOCAP:BNB could slide 9% and retest the $526 support level. A daily candlestick close that flips this support into a resistance level, would validate the potential start of a downtrend.
$BNB #Binance Trading IdeaBNB/USD (Binance) price for the past 2 weeks still squeezing inside this ascending triangle pattern. Full send to its ATH after a breakout.
BNB Massively Undervalued? $10,000 Potential!BNB has been making some extraordinary moves last cycle, where it bottomed around $4.5 and made it to $700 during the next top.
Looking at the chart, we can clearly see that BNB follows a bullish channel pattern. My assumption is that this channel will hold and that BNB will make a move towards the top of the channel.
$10,000 is possible, it's a "mere" +5,000% move from bottom to top, as opposed to last cycle's +16,000%.
Are you bullish on BNB? Share your thoughts.
BNB consolidating support?Greetings! BNB action has been under selling pressure since the previous reach to the 630s. Lower pivot which served as support from the first leg of the fall is now located around the 591 level. Getting that level conquered, allows the price to rally up to the higher levels depicted in chart, the very first one win is the midrange wave which sits above the 600. This report concludes with a short-term bullish forecast to be invalidated below 580. With a nice accumulation range from 590 to 585 that can be distributed above 605.
BNBHello
Bnb chart is looking really good , in case of upside breakout targeted price is 1100$ with a small stop in 750$
Are you bullish or bearish on BNB here ?
BNBUSDT ready for a breakouthi traders,
Let's take a look at BNBUSDT on 1D time frame.
It looks like we're going to get a breakout in the next few days.
RSI in a neutral zone.
Enter the log position once we get a successful breakout.
Target: 772 $
Good luck
