Binance Coin Analyze(10/10/2022)!!!Binance Coin moved as I expected 👇✅
Binance Coin was able to break the support line by Bearish Marubozu Candlestick Pattern.
Binance Coin completed the pullback to the support line, and I expect it will go down at least to the support zone.
Binance Coin Analyze, ( BNBUSDT ), Timeframe 4H⏰.
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
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Binancecoin
BNB USDT SWING LONG | BNBUSDT | LONG @ 266 - 274 | TP @ 276, 278, 280, 282, 284 | SL @ 252 | PATTERN = BULLISH RSI BREAKOUT | BINANCE |
Swing trade idea. Kindly follow targets and stop loss. Will update with new targets once all 5 are achieved. Mostly trading with PNF charts, MACD, RSI, Stoch, BPI, Cipher, MA/EMA, Support/Resistance on hourly timeframes and higher time frames
BINANCE:BNBUSDT BINANCE:BNBUSD BYBIT:BNBUSDT BINANCE:BNBPERP BINANCE:BNBBUSD BINANCE:BNBUSDTPERP KUCOIN:BNBUSDT FTX:BNBPERP FTX:BNBUSD COINEX:BNBUSDT BITMEX:BNBUSD
Binance Coin Analyze(10/05/2022)!!!Binance Coin didn't succeed in breaking the resistance zone for 3rd time (Fake break).
I expect Binance Coin will go down at least to the support line.
Binance Coin Analyze, (BNBUSDT), Timeframe 4H⏰.
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
BNB weekly inverted H&S#BNB/USDT
$BNB seems to broke out from neck line of inverted head and shoulders, and still hold above support zone.
🐮 holding this support zone will increase price toward parallel descending trend line of neck line and break out from this trend line will increase price to touch resistance zone around $440.
🐻 break down from support zone can drop price to long-term support zone around $200.
🌳BNB is going to increase soon!🟡BNB is in an ascending triangle which means the price is about to do a good bullish movement. The price can increase as much as the measured price movement ( AB=CD ) .The break out needed for increasing further has not happened but it should happen pretty soon.
-BNB is in an ascending triangle
-no break out yet
-prics can increase soon ( AB=CD )
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
🌍Thank you for seeing idea .
Have a nice day and Good luck
BNB - DEAD after HACK?😱SHORTSETUP +30%Hi Traders, Investors and Speculators
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
The recent hack on the Binance chain has many people heading to social media to express their frustration with this network. The official update says more than $100mil is estimated to have been hacked, but some are even claiming $550mil + . This could be bad for an already bordering bearish market as it may lead to a panic selloff. However, this makes for an excellent short setup opportunity. Watch a quick 3min video to discover a high reward low risk short setup that could reward up to 30% !
Interested in Dogecoin? Check out this idea 👀
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BNB long I would rather look for long than short on BNB.i was not able to cought BNB short. I was stopped out. My idea was to counter trade the trend, to at least take my short to a discount zone.
The price action we see today was influenced by the announcement that the Binance chain has been exploited, which we as technical analyst know where the price will probably reverse.
The reason for this dump is the sell stops which has been put below the short term low being triggered, therefore, the market was flooded with sell orders.
This dump will surely short live.
I will be looking for an entry around 282 and my sl will be around 278. if I got stopped out I will looking at the 270 or 268 for possible reentry.
#Binance Coin Priming for a Leg Up, will BNB Clear $300?Past Performance of Binance Coin
BNB is solid at spot rates, printing positive higher highs as per the formation in the daily chart. As it is, buyers have the upper hand and have been soaking in the deluge of selling pressure. Even though the October 5 bar closed as bearish, it had a long lower wick pointing to strength during the NY session.
#Binance Coin Technical Analysis
BNB is bullish, adding roughly 14 percent from September 2022 lows. Most importantly, buyers are on the cusp of breaking above $300. A notable observation is that BNB bull bars are riding the upper BB, pointing to sustained upside momentum. Therefore, risk-off traders may search to accumulate on dips, targeting August 2022 highs at $330. Meanwhile, risk-on traders can wait for a conclusive breakout formation above $300, or September 2022 highs, before loading. Ideally, the break above, should buyers follow through, ought to be with increasing volumes. In that case, the leg up towards $330 may be sustained by high BNB demand.
What to Expect from #BNB?
The BNBUSDT candlestick arrangement points to buyers. Even so, there must be a convincing break above $300 to confirm the reversal from around the 50 percent Fibonacci retracement level of the June to August 2022 trade range. If buyers have the upper hand, the coin may recover. It will be a welcomed relief following ten tough months of sharp lower lows.
Resistance level to watch out for: $300
Support level to watch out for: $280
Disclaimer: Opinions expressed are not investment advice. Do your research.
Trading opportunity for BNBUSDT Binance CoinBased on technical factors there is a Short position in :
📊 BNBUSDT Binance Coin
🔴 Short Now 291.0
🧯 Stop loss 302.0
🏹 Target 1 280.0
🏹 Target 2 268.0
🏹 Target 3 257.0
💸RISK : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
BNB - potential mid-term uptrend continuationHello,
The biggest and most popular exchange token continues to be relatively stable compare to the rest of the Top 10 coins.
Moreover, the technical analysis on both the daily and weekly timeframes favors a potential uptrend continuation.
The BNB/USDT pair closed the previous seven-day period at the mid-term diagonal resistance on the 1W chart and a breakout confirmation this week, combined with the fact it bounced back perfectly from the $260 support and completed a Bull Flag consolidation, might result in a 20 percent jump to the next resistance area (from the current price levels).
This of course is if BTC and the overall markets condition does not worsen and supports a broader market relief rally instead. Additionally, the zone right below $300 is where the 21-period EMA and the last lower high sits, which can easily turn to be a rejection area for bulls.
Regards
BTC Breakout/BTC Analysis#BTC UPDATE.
#There is nothing new btc still trading between support and resistance but the red line support has emerged as the strong support for btc .If btc loses this support on 4H it will not be good sign for bulls in short.However there is no signal of reversal yet.
BNB (Analysis)BNB had a good price growth last week. This currency, which is in a range trend in the daily time frame, has registered an upward movement up to the range of $290 at the ceiling of the descending channel by maintaining its support in the range of 265-270 dollars. On the other hand, the resistance of the channel's ceiling, which has overlapped with the range of 280 to 286 dollars, has caused the price to stop and range the trend in this range. In the 4 hours, we can draw a narrow ascending channel inside the short-term descending channel.
This channel can monitor price fluctuations more closely. If the bottom of the channel is broken, the price of BNB will continue to fall to the main support range of $235 - $242. To break the current resistance, buyers must act with high volume to stabilize the price above the $290 range. If the 4-hour candle does not close below the $280 range, the probability of resistance breaking will increase. In this case, the price target will be 300, and 310 dollars after the ceiling of the descending channel is broken.
BNB ready to start rally#BNB/USDT
#update
$BNB hold the support zone and broke out from descending trend line.
🐮 so it is possible that price touch the support zone another time as pullback to broken trend line then start a rally to resistance zone and fib levels.
🐻 in other hand if price break down from support zone next support is around $200.
✅BNB broke the BULL FLAG❗ The 3 targets for you🔥 Hi friends! BNB is already broken the HUGE flag which can lead the price to $400 in mid term. Of course, BTC should become the growth to pull all the altcoins up.
I have to add that the bullish flag is the part of huge Cup and Handle pattern which is usually very strong bullish figure.
I recommend you to open a trade on the test the bullish flag as the support. The example of price movement shown on the chart. Also some swing traders can open a trade with the stop below the closest lows.
📊 Preconditions to open a long:
🔥 test the upper boundary of the flag at the support
🔥 volume growth during the test. Additional confirmation for us that the bull are here and buy more and more. The whales will hold the price if they want to make money on the upcoming pumps.
🔥 bullish BTC
🚩 Pay your attention to the volume indicator if you don`t use DOM and Footprint. Actually it has less efficiency than that scalping tools, but also can confrirm you the pressence of whales!
✅ The main targets:
1. $300 - the closest key level
2. $337 - next resistance and key level
3. $380-400 - value area, mid term target
🚩 I want to remember that the 99% of altcoin follow the BTC. All this targets are really possible if the main crypto will be bullish.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
View on BNBUSDT 24.09.2022As per my analysis BINANCE:BNBUSDT is now ready to up after break resistance of 277.
My entry point level is 277. Will wait for target
Target1 303 (+26 Points)
Target2 349 (+72 Points)
Stop loss will be 255 (-22 Points)
Note: This is my personal analysis, only for learning.
#Binance Coin Recovers, BNB Prices May Rally to $300Past Performance of Binance Coin
Binance Coin is in green at spot rates, adding four percent against the greenback. BNB gains may be attributed to market-wide gains over the last 24 hours. Despite these welcomed recoveries, sellers have the upper hand. BNB prices may break above critical resistance levels for trend continuation. Currently, the primary support lies at around $260, while resistance is at $300.
#Binance Coin Technical Analysis
BNB prices bounced from the 50 percent Fibonacci retracement level of the June to August trade range. The recovery mirrors September 7 bulls and reaffirms the significance of the $250 support—a multi-week accumulation line. While the September 22 bar is wide-ranging, volumes are comparatively low. Therefore, traders may wait for a follow-through above $280 and the middle BB. If buyers flow back, risk-off traders may look for long entries on dips above $250, targeting September highs at $300 and later $340. Conversely, a sell-off below $250 invalidates this bullish preview.
What to Expect from #BNB?
Overall, Binance Coin bulls are resilient. Losses of the past weeks were limited to around the 50 percent Fibonacci retracement level. If bulls build on yesterday's gains, BNB prices would likely expand to retest August highs in a buy trend continuation formation.
Resistance level to watch out for: $280
Support level to watch out for: $250
Disclaimer: Opinions expressed are not investment advice. Do your research.