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Positioning for Potential: $BNB Set to Break Out!I think it’s time to consider taking a position in $BNB. It has been ranging for a while, and the weekly timeframe is finally showing some strength. I’m anticipating a break of the purple line within this week, or by next week at the latest. The time@mode is still to be confirmed, and the Point of Control is just a few percentage points away from current prices. The bi-weekly chart looks much more constructive compared to other timeframes, so it’s definitely something to keep an eye on. Also, be prepared to play betas on this one; Simon’s Cat is one to add in case CRYPTOCAP:BNB goes on a rampage toward $1k.
Long
by ZelfTrade
BNB/USDT Trading Scenario UpdateAt the beginning of 2024, after a short-term accumulation phase, BNB showed a significant increase, reaching a local maximum of $723.5. This growth amounted to more than 140% from previous levels. Currently, the asset is in a prolonged accumulation phase, which has been ongoing since March until the present day. From a volume profile perspective, the current price zone represents significant interest for market participants. It is also important to note the shift of significant volumes and the Point of Control from the $315 level to $584. The shift of the POC to a higher level ($584) indicates that market participants are showing interest in buying at higher prices, which in turn could serve as a prerequisite for sustainable price growth in the future. A breakout of the local maximum level at $723.5, followed by consolidation above, could open up the potential for further growth of BNB. If this resistance level is successfully overcome, the asset may enter a bullish trend phase with new price targets.
by Rick_SimpleSwap
#BNBUSDT Showing Signs of Weakness | Is it Time to Sell #BNB? Yello, Paradisers! Are we about to witness a major #BNB breakdown or a move upward? Let's discuss the latest analysis of #BinanceCoin: 💎#BNBUSDT has been showing clear signs of weakening bullish sentiment, much like Bitcoin. Recently, we observed a failed breakout from a key resistance zone, further strengthening the bearish outlook. Now, as #BinanceCoin approaches this major resistance again, there’s a real possibility it could fail to break through once more. 💎The diminishing trading volume and the Point of Control (POC) from the VRVP indicator acting as resistance increase the chances of a further drop. If #BNB fails to break the crucial resistance zone between $610-$637, it’s highly likely we will see a retest of the Bullish Order Block (OB) at $471.6. 💎However, should #BNB fail to hold at $471.6, the next major support zone to watch is at $387. This area is rich in liquidity and could create a strong opportunity for a pullback if tested. 💎On the flip side, if the symmetrical triangle’s lower support holds up well, we could see the bulls regaining control, potentially sparking a bullish rally. Keep in mind that the overall market sentiment, along with Bitcoin’s price movements, will play a key role in determining #BNB’s next move. If you want to be consistently profitable, you need to be extremely patient and always wait for high-probability trading opportunities. MyCryptoParadise iFeel the success🌴
Short
by MyCryptoParadise_Simon
1
Bitcoin/USDT on 1-hour timeframe Binance. TA+Trade plan by B.F.Descending Channel Pattern: The price is trading within a descending channel. The upper boundary (resistance) and lower boundary (support) are clearly defined. Descending channels typically indicate a bearish trend, but if the price breaks out of the channel, it could signal a trend reversal. Possible Breakout to the Upside: The chart highlights the possibility of a breakout above the descending channel, supported by a bullish blue trendline. The breakout area is noted around the 61,758.48 USDT level. If the price moves past this level, it could lead to further upside momentum. Volume: Volume appears moderate, indicating that the market has yet to show a strong momentum surge. A breakout on higher volume would confirm the upside move. Indicators: VMC Cipher B Divergences: This indicator shows multiple green dots, suggesting bullish divergence and potential reversal. RSI (Relative Strength Index): The RSI is in neutral territory around 58.66, indicating no extreme overbought or oversold conditions. If it crosses above 60, it may confirm the bullish breakout. Stochastic Oscillator: The stochastic shows a bullish signal, with the %K line at 90.29 and the %D line at 88.42. However, it’s approaching overbought territory, suggesting caution as there could be short-term pullbacks. HMA Histogram: Shows a slight downtrend in the short term (negative values). If it turns positive, it could confirm the breakout move. Support and Resistance Levels: Resistance 1: 61,758.48 USDT (upper boundary of the channel and key breakout level). Resistance 2: 64,591.15 USDT (previous high, and next major resistance zone if the breakout happens). Support 1: 60,301.68 USDT (lower boundary of the channel). Support 2: 59,000 USDT (psychological support and lower range of the broader consolidation). Trading Plan: Long Position: Entry: Enter a long position if the price breaks and closes above 61,758.48 USDT with a confirmation candle (preferably on higher volume). Stop Loss: Set a stop loss below the descending channel or at the 60,301.68 USDT support level to limit downside risk. Take Profit: The initial target would be the next resistance at 64,591.15 USDT. Partial profits can be taken here, with further upside potential if momentum remains strong. Short Position (in case of failure to break out): Entry: If the price fails to break above 61,758.48 USDT and falls back into the channel, consider a short position targeting the support at 60,301.68 USDT. Stop Loss: Place a stop loss slightly above 61,758.48 USDT to protect against an unexpected breakout. Take Profit: Target the lower boundary of the channel and potentially below, near 59,000 USDT. Conclusion: The overall structure indicates a potential breakout from a descending channel. A confirmed breakout above 61,758.48 USDT could signal a bullish reversal and upside toward 64,591.15 USDT. However, if the price fails to break out, it may continue to trade within the channel, offering short-term trading opportunities. Monitoring volume and key levels (especially 61,758.48 USDT) will be crucial for confirming the next major move.
Long
by elfabiiani
1
BNB - BEST Buy ZonesHistorically , large wicks usually get filled almost in the same way that a gap gets filled. It may not be soon, but if you're willing to wait a few weeks (or even a few months) you could get in lower and buy at a more ideal price. (see Warren Buffet's trading philosophy on Buying at the RIGHT PRICE👇) The particular wick in reference is the following one. The range is extremely wide, and there's a $100 gap where you could possibly dollar-cost-average: Even if we would fall this low in the SHORT term, the price would still be bullish - we are evidently still trading in a bullish cycle, as this is likely a multi-month corrective pattern paying out. If you've been following for a while, you'll know i have been referring to this multi-month cycle on numerous occasions; anticipating the final impulse wave up according to Elliot Wave Theory (wave 4-5). In the meanwhile, you could get lower entry prices on your favorite altcoins. __________________________ BINANCE:BNBUSDT
Short
by CryptoCheck-
#XRPUSD 1DAYXRP 1-Day Chart Forecast: The XRP cryptocurrency is displaying strong bullish momentum on the 1-day chart, suggesting a favorable buy opportunity. The market appears to be in an **uptrend**, with price action consistently forming higher highs and higher lows, indicative of sustained buying interest. Key elements supporting the buy forecast: Uptrend Continuation: XRP is likely following an ascending trendline or breaking above recent resistance levels, signaling the potential for further upside. Bullish Indicators: Momentum oscillators such as the RSI and MACD may be supporting the bullish outlook, with the RSI remaining in a favorable range and the MACD showing positive divergence or a bullish crossover. Support Levels: The price may have bounced off a key support level, confirming the strength of the uptrend and providing a good entry point for buyers. Traders looking to capitalize on the buy opportunity should consider setting stop-loss orders below recent lows to protect against unexpected pullbacks. Profit targets can be placed near key resistance levels or previous swing highs. While the uptrend is strong, it's important to watch for any signs of trend exhaustion, but the **technical outlook favors a buy strategy** for XRP on the 1-day chart.
CRYPTOCAP:XRPLong
by PIPSFIGHTER
BNBUSD: Neutral on 1D but ready to explode.Binance Coin may be neutral on its 1D technical outlook (RSI = 50.922, MACD = 14.240, ADX = 37.132) but this consolidation is a build up to a potential price explosion, as the market tested and held the 1W MA50 in August. This is a similar pattern followed in October 2020 and before that in 2017, which led to the cylical rally to a blow off top. On each Cycle it is logical that the rallies will be shorter (diminishing returns). The first rally covered a full 1.0 Fibonacci range, the second 0.5 and it won't be unrealistic to expect 0.25 this time (50% less each time). Consequently, we expect the 1.75 to be reached this time (TP = 4,500). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:BNBUSDLong
by InvestingScope
1
BNBUSDT Targeting 2021 All-Time High Amid CZ's Release!!BNBUSDT has successfully broken through key resistance levels and is gaining momentum towards the all-time high seen during the 2021 bull market. With Binance founder CZ set to be released today after serving 119 days in prison, this event may significantly impact BNB's price action. Expecting a substantial upward movement, but as always, ensure you have your stop-loss in place to manage risk effectively. BNBUSDT (1W Chart) Technical analysis BNBUSDT Currently trading at $608 Buy level: Above $600 Stop loss: Below $500 TP1: $650 TP2: $720 TP3: $850 TP4: $1000 Max Leverage 3x Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
Long
by GreenCryptoTrades
Binance Coin - We Will See The Bullish Breakout!Binance Coin ( CRYPTO:BNBUSD ) is hugging the previous all time high: Click chart above to see the detailed analysis👆🏻 Binance Coin has been hugging the previous all time high resistance for a couple of months in a row. Therefore it is quite likely that a bullish breakout will happen soon and following the previous pattern entry, Binance Coin could even hit 5 digits during the next crypto bullrun. Levels to watch: $620, 20.000 Keep your long term vision, Philip (BasicTrading)
CRYPTO:BNBUSDLong
by basictradingtv
BNBSUD SHOWING A GOOD UP MOVE WITH 1:10 RISK REWARD BNBSUDSHOWING A GOOD UP MOVE WITH 1:10 RISK REWARD DUE TO THESE REASON A. its following a rectangle pattern that stocked the market which preventing the market to move any one direction now it trying to break the strong resistant lable B. after the break of this rectangle it will boost the market potential for break C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward please dont use more than one percentage of your capitalfollow risk reward and tradeing rules that will help you to to become a bettertrader thank you
Long
by tradergyan01
Binance Sets to List Hamster (HMSTR) With $14 Bln in LaunchpoolBinance is gearing up for yet another major token listing, with the highly anticipated Hamster Kombat ($HMSTR) set to debut on September 26. The platform’s Launchpool has already locked in over $14 billion, signaling immense market interest in this new Telegram-based play-to-earn (P2E) game. This massive figure marks a key milestone for Binance, showing both the game’s potential and the growing power of P2E gaming in the cryptocurrency space. Hamster Kombat’s Airdrop and Binance’s $14 Billion Milestone As part of the lead-up to the $HMSTR listing, Binance’s Launchpool initiative has locked over $14 billion worth of assets, primarily in Binance Coin ( CRYPTOCAP:BNB ) and FDUSD. These funds are being used to facilitate an airdrop of 3 billion HMSTR tokens, giving investors and gamers early access to the game’s in-game currency. The interest has been staggering, with 1.3 million BNB participants and over 2 billion FDUSD locked into the pool. This not only showcases strong demand for the $HMSTR airdrop but also speaks volumes about the P2E industry’s growth, with Telegram-based games proving to be a key engagement tool for crypto users. As of September 25, the total locked value on Binance Launchpool reached $14,116,492,769, underscoring significant traction in the market. Investors have rushed to get a slice of the action, and excitement is building as the token airdrop nears its completion, with trading set to start just hours after the on-chain claim begins at 10:00 UTC on September 26. Hamster Kombat: A Telegram-Based P2E Game Taking Off Hamster Kombat is more than just a meme token. It’s a Telegram-based P2E game, providing players with an interactive experience where they can use unique cards and collect in-game diamonds to boost their profits. The game's first season recently concluded, and the second "interlude" season is already live, continuing the game's momentum ahead of its token listing. Players in Hamster Kombat participate in a unique, competitive environment. With the introduction of a crypto exchange CEO simulator as part of the game’s core gameplay, users can engage in a fun, immersive experience that mirrors real-world cryptocurrency dynamics. The P2E nature of the game offers an additional layer of reward for users, further solidifying the game's appeal in the eyes of crypto enthusiasts. Binance Launchpool and the P2E Trend The Binance Launchpool has already been a launchpad for successful Telegram-affiliated tokens like $NOTCOIN, SEED_ALEXDRAYM_SHORTINTEREST1:DOGS , CATIZEN, and CRYPTOCAP:TON , positioning itself as a major player in bringing P2E games to the mainstream crypto audience. Hamster Kombat is simply the latest in this line of successful launches, but its monumental $14 billion lockup sets it apart from the rest. With Binance’s involvement, the P2E trend is reaching new heights. The combination of easily accessible, Telegram-based gameplay and Binance’s robust platform gives the project strong market credibility. Given the increasing demand for interactive and rewarding crypto experiences, Binance’s decision to expand its support for P2E projects could very well spark a broader bull run in the gaming and meme token sectors. CRYPTOCAP:BNB and Market Positioning Amid all the excitement surrounding Hamster Kombat, Binance’s native token, BNB, has faced some downward pressure, trading down 1.13% at the time of writing. Despite this short-term dip, the broader narrative remains positive. Binance has successfully onboarded large numbers of users into the crypto space through these clicker-based Telegram games, showing the platform’s adaptability to emerging trends. With CRYPTOCAP:BNB already integrated into the Binance ecosystem and heavily involved in the HMSTR airdrop, the token remains well-positioned to benefit from the broader momentum in P2E gaming and the upcoming bull run that many analysts predict for the cryptocurrency sector. The Road Ahead: HMSTR’s Listing and Future Outlook As we approach the September 26 listing of Hamster Kombat on Binance, it’s clear that the project has struck a chord with investors. With $14 billion locked in Launchpool, strong participation in both the CRYPTOCAP:FDUSD and CRYPTOCAP:BNB pools, and a vibrant in-game economy, Hamster Kombat is shaping up to be one of the most exciting new projects in the P2E space. Market analysts are also watching closely to see how the $HMSTR listing will perform and whether it can follow the successful paths of previous Binance listings like $TON. With growing bullishness around both the game and its underlying token, the upcoming listing could be a pivotal moment for Hamster Kombat and the broader P2E gaming market. As for Binance, its focus on innovative, user-friendly P2E games is helping the exchange solidify its role as a key player in the next wave of cryptocurrency adoption. With more tokens and games likely on the horizon, Binance seems well-prepared for the bull run that could be just around the corner. Are you ready for the next big listing? Join the action as Hamster Kombat ($HMSTR) gears up for its launch and prepare for the excitement ahead!
Long
by DEXWireNews
BNBUSD more consolidation but long-term cyclically targets $2000Binance Coin (BNBUSD) has been in Accumulation Mode since early March (March 11 1W candle), trading sideways within initially the Mayer Multiple Bands (MMB) Mean (black trend-line) and the 1st SD above (grey trend-line) and more recently the latter and the 1W MA50 (blue trend-line). With reference to the 1W MA50 in particular, not only has it been the support since the late December 2023 bullish break-out but was successfully tested and held on the most recent pull-back, the August 05 Low. This solidifies its position as the Support throughout the remainder of the Bull Cycle, which was in fact also the case during the previous Cycle where BNB had the final accumulation phase (blue ellipse) from September to December 2020, again within the same MMB - 1W MA50 zone, which initiated the most aggressive part of the Cycle (parabolic rally). That rally peaked on the MM 3rd SD above (red trend-line) so a $2000 price tag, which will 'only' come close to the 2nd SD (orange trend-line), appears to be a realistic Target. In addition, the Sine Waves serve as an excellent tool in roughly estimating the timing of the Cycle's peak, as it was very efficient during the previous two Cycles. That could be anywhere around June 2025. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
BINANCE:BNBUSD
by TradingShot
BNBUSDT.1DReviewing the BNB/USDT chart on a daily timeframe, we observe a complex pattern with a notable trend of fluctuation and recent signs of potential recovery. Here's a breakdown of the key technical indicators and patterns that frame the current market sentiment and outlook for Binance Coin. Key Observations: Price Movement: BNB has shown a significant downtrend marked by a descending resistance line (R1), which has consistently capped upward movements. The price is currently approaching this resistance line again, suggesting an imminent test. Support and Resistance Levels: Resistance Levels (R1 and R2): R1 is currently at approximately $503.7, with R2 higher at $613.5, indicating potential target levels if the price breaks above R1. Support Levels (S1, S2): S1 is marked at $401.8, with S2 lower at $300, providing critical areas where the price might stabilize if it retraces. MACD Indicator: The MACD line is above the signal line and both are ascending, suggesting a building bullish momentum. This could be indicative of a shift towards a positive trend if sustained. RSI Indicator: The Relative Strength Index is near 55, which is moderately bullish and suggests that there is room for upward movement before BNB becomes technically 'overbought.' Technical Analysis and Conclusion: The current setup on the BNB/USDT chart indicates a pivotal moment where the asset is testing key resistance at R1. A break above this line could signal a strong bullish reversal, potentially leading the price towards the next resistance at R2. The positive divergence in the MACD supports this potential move, suggesting increasing bullish momentum. However, if the resistance at R1 holds, we might see a pullback to the support at S1, or further down to S2 if bearish pressures intensify. The presence of a higher low compared to the previous spikes suggests a strengthening in market sentiment, which might underpin recovery attempts. Trading Strategy: Bullish Scenario: Consider taking a long position if BNB convincingly breaks and holds above R1. Set a target near R2 with a stop-loss slightly below R1 to manage risk. Bearish Scenario: If BNB fails to breach R1 and reverses, a short position could be considered, targeting S1. Place a stop-loss just above R1 to limit potential losses. Traders should closely monitor volume and other market dynamics for confirmation of these movements. As always, external factors such as market news, overall crypto sentiment, and regulatory developments should be factored into any trading decisions to adjust strategies dynamically.
Long
by MarsSignals
1
WAIT FOR PULLBACK AND BUY AROUND $519BNB is showing bullish momentum, and I remain optimistic about its upward potential. However, I recommend waiting for a pullback to the $519 level before entering a buy position. This level represents a key area of support, where the price is likely to find stability before resuming its upward trajectory. For this trade setup, my target profit zone is around $541, with a stop loss set at $512 to manage risk effectively. If the bullish trend continues, BNB could reach $560 shortly, offering a solid gain opportunity. Traders should closely monitor price action and confirm signals before executing the trade.
Long
by ForexClinik
6