#BNB: Breakout this bull pennant!#BNB has broken out of a bull flag pattern. Now, we're looking for a retest of this pattern to confirm it according to technical analysis. If confirmed, we could see a potential 80% upward move. However, we must overcome the important resistance at the all-time high.
Stay tuned for more updates. I'll keep you informed.
#Crypto
BNBUSDT trade ideas
BNB/USDT Targets and Stoploss 4HIntervalHello everyone, let's look at the 4H BNB to USDT chart as we can see that the price is back above the downtrend line.
Let's start by setting goals for the near future that we can include:
T1 = $615.7
T2 = $636.9
AND
T3 = $663
Now let's move on to the stop-loss in case of further market declines:
SL1 = $579.8
SL2 = $560.4
SL3 = $547.1
AND
SL4 = $529
Looking at the RSI indicator, because there is an upward trend with room for further movement, while on the STOCH indicator we are approaching the upper limit, which affects the visible rebound movement.
BNBUSDT 12HSymmetrical Triangle formation on 12H #BNB chart. It seems that BNB is ready for take-off. Buy a bag of it and hold. RSI and MACD are showing bullish momentum. BNB is moving above the Ichimoku cloud and MA50 on the 12H chart and pressing the triangle resistance. Targets are:
$619.80
$649.00
$690.60
$743.70
$BNB #Binance Trading IdeaBN/USDB (Binance Coin) i is currently hovering around 14% below ATH. After forming this potential ascending triangle there is a huge probability for CRYPTOCAP:BNB to start exploring a new ATH after a successful breakout.
After a successful breakout, my next targets would be $650.85 and $669.55.
Binance Coin(BNB): Breakout Is Happening!Binance Coin is looking for a breakout from the triangle formation, which is still in development. As we have reached the end pressure point of this pattern, we are starting to see some good potential for further breaking the upper highs, but we still need confirmation of that breakout, so we wait!! If it fails, we will see a re-test as per the mentioned!
Swallow Team
BNB is here to stayBNB is sitting on a major support horizontally and a rising support at the 227 area.
Rsi is well oversold. Volume oscillator suggest volume is going to pick back up again.
This could be a solid 60% gain plus!
Not financial information
Do your own darn Due Diligence!
Come to your own conclusions, we as humans were given this brain for a reason!
BNBUSDT.PHello Trader BINANCE:BNBUSDT.P
when the area is breakdow, it is valid for the rising wedge area. because bitcoin also experienced a correction this morning.
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Disclamer: Not Financial Advice
LONG #BNBUSDT LONG #BNBUSDT from $592
4h TF. The price has been clamped inside the triangle for quite a long time, within which we can observe a false stabbing of the lower border of the figure.
I expect to see a repeated false stabbing of the ascending slope with a test of the upper boundary of the buyer's zone of interest stb with continued growth and a breakdown of the cascade of resistance levels above.
BNBUSDT - Price can exit from triangle and then start to declineHi 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 in a short time rose to resistance level from support level.
But then it bounced from $597 level and fell to support line of channel, after which BNB made upward impulse.
After this movement, BNB broke $597 level, but then it exited from rising channel and started to decline in triangle.
Soon, price broke $597 level again and in a short time declined to support line of triangle, after which at once bounced up.
Price reached resistance level and then fell back to support line, but recently price rose to resistance line.
Now, I think that Binance Coin can exit from triangle, reach resistance level, and bounce down to $565
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Is a price correction imminent?📊 Due to the decrease in the upward movement momentum of the price, if the $585 range is broken and the price stabilizes below it, the price may fall to the $575 range🎯 , and in the case of the strength of the $555 range🎯🎯.
📊 Otherwise, the price may increase to the range of $606.
Cryptolean Binancecoin BNB UpdateDaily Chart
Binancecoin is neutral in the daily chart and teasing the top of the daily range zone at $589.
An inability to break $589 to the upside will push BNB price towards $480, however the price action towards $480 will be slow and choppy.
If Binancecoin is unable to maintain price above $480, the daily support zone (marked grey) we will see BNB in the bearish zone with price declining towards $421 and, likely, lower to $302-$352.
The interaction with $302-$352 zone will be very important and could lead to a bullish rejection.
In the bullish scenario from its current price, a daily candle closure or, even better, several closures above the key resistance of $589 are required for Binancecoin to have another bullish extension: first, to $647 and, then higher, to $717-$766.
Boost once read!
Thank you.
BNB/USDT 4HInterval Chart ReviewHello everyone, let's look at the 4H BNB to USDT chart as we can see that the price is moving below the local uptrend line.
Let's start by setting goals for the near future that we can include:
T1 = $586 at which the price is struggling to maintain
T2 = $615
T3 = $636
AND
T4 = $663
Now let's move on to the stop-loss in case of further market declines:
SL1 = $563
SL2 = $527
AND
SL3 = $503
Looking at the RSI indicator, it indicates a potential change in direction, but with room to make another upward move. However, on the STOCH indicator we are moving above the upper limit, which causes the growth to slow down and a possible recovery.
BNBUSDT - This ALT flashes Strong BULLISH Signals 📈📉Hi Traders, Investors and Speculators of Charts📈
BNB / Binance coin is another altcoin with good upside potential for the next bullish cycle. I expect this to come into full force only after the BTC halving.
Looking at the clear bottom followed by a bullish flag pattern, it seems highly likely that BNBUSDT may make higher-highs for the short term.
It's impressive to see that BNB mid-range support held, this shows a sign of strength from buyers. Around this zone the price ultimately made the inverse Head and Shoulders bottom pattern:
A little closer look in the daily, we see the bullish flag pattern forming. A breakout UNDER will invalidate the pattern:
From a technical indicator perspective, we see two strong "BUY" signals flash in the weekly timeframe, confirming a bullish bias:
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CryptoCheck
BINANCE:BNBUSDT BINANCE:BNBUSDT.P CRYPTO:BNBUSD
Binance Coin can reach resistance level and then start to fallHello traders, I want share with you my opinion about Binance Coin. By observing the chart, we can see that the price some time ago started to trades in a range, where it first made a fake breakout of the 548 support level, which coincided with the buyer zone and then in a short time backed up. After this, BNB continued to move up and reached the 598 resistance level, which coincided with the top part of the range and seller zone, after which it rebounded and fell below. Then price made a strong impulse up, thereby exiting from the range and breaking the 598 resistance level. After this movement, BNB even rose higher than the seller zone, but when it reached the resistance line, the price at once turned around and started to fall. In a short time, BNB declined lower 598 level, breaking it one more time, and later fell to the support level. AS well then, the price rebounded from this level and started to move up to the resistance line. At the moment, BNB trades very close to this line and in my opinion, Binance Coin can break this line and reach the resistance level, after which BNB will turn around and fall below the resistance line. So, for this reason, I set my target at the 565 level. Please share this idea with your friends and click Boost 🚀