BNBUSDT trade ideas
BNBUSDT.4HThe 4-hour chart for BNB/USDT presents a consolidation phase, with the price trading within a well-defined symmetrical triangle, indicating a potential breakout scenario in either direction.
Price Action and Key Levels:
Resistance (R1): The descending red trendline acts as a dynamic resistance, capping recent upward moves. A breakout above this line could open the door for bullish momentum, targeting higher resistance levels near $760–$800.
Support (S1): The ascending green trendline has consistently provided a strong base for the price, forming the lower boundary of the triangle.
Critical Support (S2): In case of a bearish breakout, the horizontal support at $525.48 becomes the primary downside target, aligning with the previous accumulation zone.
Chart Patterns and Potential Scenarios:
The symmetrical triangle is a neutral pattern, and a breakout in either direction is possible. However, the prevailing trend leading into the triangle is bullish, slightly favoring a continuation to the upside.
Should the price break below the green trendline (S1), it would confirm a bearish reversal, with an immediate target at S2 and potentially deeper levels.
Indicators:
MACD (12, 26, close): The MACD line is near the zero line, reflecting a lack of strong momentum in either direction. A crossover below the signal line would confirm bearish sentiment, while a crossover above it could signal bullish strength.
RSI (14): The RSI is currently neutral at 46.79, slightly leaning towards bearish territory. A move below 40 could accelerate selling pressure, whereas a break above 60 could validate a bullish breakout.
Volume and Momentum:
Volume has been decreasing as the price tightens within the triangle, which is typical before a breakout. A significant increase in volume on either side will confirm the breakout's direction.
Conclusion: BNB is at a critical juncture, with the symmetrical triangle acting as a prelude to the next major move. A bullish breakout above R1 could lead to a rally toward the $760–$800 range, supported by strong buying momentum. Conversely, a bearish breakdown below S1 would likely target $525.48 or lower levels.
Strategy Suggestions:
Bullish Setup: Enter long positions on a confirmed breakout above R1 with a stop loss just below the breakout level. Target higher resistance levels at $760 and $800.
Bearish Setup: Short positions can be considered on a breakdown below S1, with stops above the breakdown level and targets at $525 and lower.
Risk Management: Maintain proper risk-reward ratios, and stay vigilant for fake breakouts, as these are common near key patterns like triangles.
BNB/USDT 1D chart reviewHello everyone, let's look at the 1D BNB chart to USDT, in this situation we can see how the price moves over the upward trend line over which the price is currently persistent.
However, let's start by defining goals for the near future the price must face:
T1 = 706 $
T2 = $ 728
Т3 = 756 $
T4 = $ 795
Let's go to Stop-Loss now in case of further declines on the market:
SL1 = $ 668
SL2 = $ 639
SL3 = $ 595
SL4 = $ 543
How Far BNB Would Make In This BullRun??
As Per Harmonic crab Pattern, #BNB first target aligns at 975$, the 1.618 fib level, where crab's D leg is likely to end.
As for elliott wave macro count, we're currently running in 5th macro wave which ends near about 1100-1250$ region.
In going for micro wave count of macro wave 5, we've completed 4th corrective wave & now heading for 5th micro of 5th macro wave, that also aligns with macro wave 5.
BNB What will happen in the future?Currently, BNB is forming an ascending triangle, indicating a potential price increase. It is anticipated that the price could rise, aligning with the projected price movement (AB=CD).
However, it is crucial to wait for the triangle to break before taking any action.
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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 short to 682.51Currently waiting on this next bnb short.
Daily, 4hr and 1hr tf is bearish.
Clear head and shoulder pattern confluence that has a targeting aligning with daily support around $682.51
Just need a correction on the 1hr tf for entry and some confirmation sign for entry.
$DOGECRYPTOCAP:DOGE is long term bearish considering it has a wide bearish divergence in the weekly.
It will likely form a harmonic pattern
$BNBCRYPTOCAP:BNB is long term bearish considering it has a wide bearish divergence in the weekly.
It will likely form a harmonic pattern
BNBUSDT Support range and Liquidity inflowThe US election became an excuse for the increase in digital currencies. The price decline on this date can be used as a support range in the future. Considering the influx of liquidity into the digital currency market, the increase in digital currencies can be examined in the next few days. One of these digital currencies is BMB. Given the recent upward trend and declines, we can expect this currency to increase to the target range.
Sasha Charkhchian
BNBUSDTBTC is forming a descending channel. It's time to retest the trendline, and it might even break it.
BNB is in a bullish situation?BINANCE:BNBUSDT
BNB is going to increase from here! you know what can be done from here? I think you should wait for a break out.
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#BNB /USDT Ready to launch upwards#BNB
The price is moving in a descending channel on the 1-hour timeframe and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 670
We have a downtrend on the RSI indicator that is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 682
First target 696
Second target 710
Third target 730
Lingrid | BNBUSDT identifying OPPORTUNITY in a Sideways TrendBINANCE:BNBUSDT is currently moving sideways following the significant surge in December. The price is oscillating between the levels of 730 and 640. On the weekly timeframe, the consistent formation of doji candles suggests indecision in the market. The price action appears to be forming a potential bullish flag pattern, which typically indicates a continuation of the upward trend. Looking left, we can observe that the price has formed a range zone at the support level and has bounced off this area multiple times, reinforcing it as key support zone. Given the current narrowing price action, it seems likely that the market will experience a squeeze, which could ultimately lead to a breakout. My goal is resistance zoen around 750
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
BNBUSDTHello dear traders check out my ideas my on (BNBUSD) and share your opinion on my ideas in our comment section.
2025.1.19 BNB Expected end of adjustmentTarget increase of 50 points.
or more points.
The future is bright.
BNB BULLISH BINANCE:BNBUSDT chart is looking extremely bullish .Time to watch bnb how it is going to turn out
BINANCE VALID BULLISH SYMMETRICAL TRIANGLEBINANCE:BNBUSDT Good Afternoon trader, my UPDATE idea for BNBUSDT. 4H on 19/01/2025.
We got a valid triangle pattern in binance price action because the price did not break through at $729,97 price area . If we observed carefully, 5 waves (W1-W5) will formed in this information, which is related to the Elliot Wave theory.
So my prediction the price will continue get the support triangle at $675,30 area price before continue bullish to break the pattern.
Please discuss about this thing, comment on below
BAD BEARISH DIVERGENCE FOR BNB!
1.The price is near the resistance level, from which a buyer's reaction has already appeared 4 times
2. The rise to the 728 USD zone occurred without an equivalent volume of buyers - a bearish signal!
3. The blue curve on the OBV chart shows a pattern with a large volume of sales at this price point.
EXPECTATIONS : I think that this point is a good entry point for a short with targets in the liquidity test around 620 USD (marked box).
BNB Near ATH: New Highs on the Horizon?CRYPTOCAP:BNB is currently trading above a key support zone and the rising trendline.
It is just below its all-time high (ATH) levels, and we are anticipating the possibility of a new ATH from the current levels. Keep a close watch for further bullish momentum.
DYOR, NFA
BNB/USDT weekly analysis.The chart shows two rounded bottoms, which resemble an inverted head and shoulders pattern.
This pattern is typically a bullish reversal indicator, suggesting upward price movement.
The horizontal line marks a long-standing resistance level.
A breakout above this resistance would indicate strong bullish momentum, as seen in the recent price rise.
The projected move (indicated by the upward arrow) suggests a target price near $1,100.
This aligns with the measured move of approximately 75.54% calculated from the pattern’s neckline to its lowest point.
BNB is trading at $710.74 with a positive momentum of +2.51% for the current period.
This setup indicates strong bullish sentiment in the market. However, traders should consider a possible retest of the breakout zone (around $600) and manage risk with a stop-loss below the neckline to avoid an unexpected reversal.
Let me know if you’d like further assistance or adjustments!
DYOR. NFA
BNB Update I still believe that BNB is poised for significant growth. As long as it stays within the 690−700 range , it has the potential to move upward.
Keep an eye on it!
BNB | ALTCOINS | BNB Still BULLISH - Here's WHYIt can be concerning to see the price lose 5%-10% in the daily timeframe. However, this is not uncommon during a bullish cycle.
In this quick update, I explain why the price is still very evidently in a bullish cycel, despite corrections in the daily.
BTC and ETH update, find it here:
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BINANCE:BNBUSDT
