#BNBUSDT | DAILY TIMEFRAME UPDATE
Updated
#BNBUSDT | DAILY TIMEFRAME UPDATE
If #BNB's price reaches the $589 - $613.43 range, we can look for confirmation on the 1-hour timeframe to consider a long position. This zone could also be a good area for a longer-term investment in #BNB, with a stop loss set at $541.70.
Once the price enters the grey area and provides confirmation, I'll share the targets. ✅
If the price drops below $541.70, the setup will be invalidated. ❌
If #BNB's price reaches the $589 - $613.43 range, we can look for confirmation on the 1-hour timeframe to consider a long position. This zone could also be a good area for a longer-term investment in #BNB, with a stop loss set at $541.70.
Once the price enters the grey area and provides confirmation, I'll share the targets. ✅
If the price drops below $541.70, the setup will be invalidated. ❌
Trade active
Check out the 1-hour chart for #BNB: 👇🏻👇🏻
There's a range between $610 and $645, and every consolidation phase is followed by an expansion. If we see manipulation dropping below $610, we can look for confirmation to consider a LONG position.
Note: The price of #Bitcoin has been steadily making higher highs, showing strong bullish momentum. In this kind of setup, #BTC hasn’t given any significant retracement for long entries. So, to capitalize on this momentum, it's better to watch the 5- and 15-minute timeframes for potential scalp trades during the London and New York sessions.
Note
The price of #BNB has entered the gray zone, with targets for this upward movement set at $635.47, $666, $698, $721, and $780. 📈Note
Hey everyone! Remember that educational post I shared on the AMD setup, also known as PO3 (Power of 3)? Here’s a live example with #BNB on the 1H timeframe: 👇🏻👇🏻
The grey box represents the accumulation phase, the red box is the manipulation phase, and after that, we enter the distribution phase, shown in green.
Note
⚡⚡ #BNB/USDT ⚡⚡
Exchanges: Binance Futures
Signal Type: Regular (LONG)
Leverage: Isolated (10X)
Entry Targets:
1) 612
Take-Profit Targets:
1) 623.63
2) 632.10
3) 661.24
4) 669.37
5) 687.23
Stop Targets:
1) 593.25
Published By: mrsignalll
Note
Binance Futures
#BNB/USDT Take-Profit target 1
Profit: 19.0033%
Period: 5 Hours 27 Minutes
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