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BNBUSDT trade ideas

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❤️
Short
by WalterMoon
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.
by Trade-Lean
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.
by cryptodailyuk
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: If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets. _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 CryptoCheck BINANCE:BNBUSDT BINANCE:BNBUSDT.P CRYPTO:BNBUSD
Long
by CryptoCheck-
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