Binancecoin
How to make profit on BNB❓✅Hi friends! Top exchange altcoin continue to grow. I think it will be the top gainer for the next 2-3 years but in this idea i show the best entry point of you miss the entry last time.
First of all, you had a chance to enter the trade at the false breakout of the trendline after which this PUMP heppend.
Now we can see the reverse Head ans Shoulders pattern which help us understand the current global situatio on crypto. If we undestand the global situation so the local trades will be much clear for us because we know in which side better to trade.
The price come to the value area nd huge trendline which i resistance, but as we can see there is huge pullback. It`s a bullish signal for us✅
📊 Preconditions to open the long:
🔥 squeeze to the $297-307 value area
🔥 volume growth before the PUMP
🔥 whales orders to BUY before the PUMP. You can see it on the DOM and Footprint scalping tools
🔥 bullish BTC help the BNB reach it`s targets
🚩 DOM and Footprint are the tools which helps me to identify the whales BUY and SELL orders wall. The whales orders very often reverse the price. Also, we can open our longs with short stop loss below this order walls and highest RR ratio. I hope to see the buy orders on the pullback or during the squeeze to the value area!
📊 The targets:
1. $308 - the key level
2. $317-323 - the value area
💻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.
Binance Coin (BNB) - monthly analysis, the time of truth.Intro:
Being a good financial trader does not mean '' guessing '' the trend every time but being ready for any eventuality.
Market analysis:
The Wall Street market and BTC appear to be recovering after months of bear market. Even if we are not yet in a bull market, we can see how this downward correction phase in many cryptocurrencies is forming a '' Falling Wedge '', or a bullish pattern.
If in the coming days and weeks we continue to rise, we could finally say goodbye to this bear market that has lasted for almost a year in crypto.
Technical analysis:
1) If we break the falling wedge and the market, as mentioned above, goes upwards, even (BNB) will go to look for new highs.
2) The average 50 (orange line below the local low) at one month provided technical support to the price which if it rebounded would be a great show of strength of the medium-term uptrend.
3) There are two resistances:
a) Falling Wedge (the yellow outer band)
b) The front minimum point (red box) in the price range $ 330 - $ 377 so if the price breaks by finding a future support in that area (orange) or it breaks it decisively on the upside (green) we would officially be in a bull ran.
4) We used Fibonacci Ext. To evaluate the extent of the trend and find potential first upside targets.
$ 1k and $ 1.3k seem to be the closest and most rational targets.
Should the price be pushed back on the resistor (red) and the price will continue to fall looking for support in the $ 40 zone.
Conclusions:
We believe that the trend is changing to the upside and the bear market is ending, so we believe that a fall in the price is less likely. However we are still in the Bear market and we really have to get out of it.
We as LPI are continuing to accumulate in this price zone.
These are months of unrepeatable discounts in the crypto market, if we believe in the project or in the speculative potential we have to buy when the market is low!
Thanks for reading, if you liked it, put a like and leave a comment.
Good trading
LPI
Trading opportunity for BNBUSDT Binance CoinBased on technical factors there is a Short position in :
📊 BNBUSDT
🔴 Short Now 259.10
🧯 Stop loss 312.0
🏹 Target 1 259.0
🏹 Target 2 244.0
🏹 Target 3 222.0
💸Capital : 1%
We hope it is profitable for you ❤️
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Binance Coin (BNBUSD): Breakout & Bearish Accumulation
Binance coin was trading in a classic bearish accumulation pattern the entire August.
The price finally broke and closed below its support yesterday.
I believe that the coin will keep falling.
Next support - 245
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BINANCE COIN PERSONAL ANALYSIS IN THE LONG TERM (SECOND TRY!?)The total evaluation for the BNB coin is bearish. Please be mindful of the risks in each trade you do and consider your risk tolerance as well to avoid any sort of unnecessary repositioning or panic selling/buying. I see a big potential for BNB to break to the upside, embarrassingly enough the breakdown we just had days ago is still within the rising wedge for BNB but not with others, this means that BNB can still go form a higher-high and then dump. However, this higher high would more likely to be a fake-out and a desperate plea.
The NASDAQ and the SP500 was able to end the day with a bullish harami which is a very bullish indication of a reversal point, now we are currently building a healthy market structure based on RE-TEST instead of just dropping rapidly in one fell swoop.
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BNB Binance Coin bearish sentimentSeptember has major catalysts for the crypto market as well as for the stock market.
The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike.
That is reflected in the crypto space in general as a bearish outlook.
BNB Binance Coin has a negative overall sentiment recently.
I have the following price targets:
BNB/USDT
Entry Range: $270 - 285
Price Target 1: $250
Price Target 2: $229
Price Target 3: $203
Stop Loss: $310
Binance Coin AnalysisHello guys.
BNB holding above strong horizontal support and also rejecting from the descending trend-line resistance.
It might create an inverse head and shoulder pattern, if it breakout trend-line resistance, then that would be a bullish sign for BNB and if it breakdown the horizontal support with a bearish candle close below it, then that would be a bearish sign for BNB.
So we've to keep an eye on breakout or breakdown to confirm it's next direction.
BINANCE COIN#BNB possible chart 1h 🧊
After forming a last LL and pushing upside broke last LH forming Change Of Character (CHoCH) now im waiting for price to comeback into our Order Block Zone (OB) and i will wait to see if price will take any retest for long if cant break High we will se a SHORT position after Breakout on our 0.5% zone ⏳
The 3 supports at $275. Another chance to open a long on BNB🔥Hi friends! It`s a rare thing when almost 3 huge support are concentrated at the same price level. Of course, it`s a chance for the long traders to open a long there, because the traders will hold this price and don`t let the price fall lower.
📊 Preconditions to open a long:
🔥 test the trendline, $264-274 value area and $277 key level as support
🔥 volume growth which shows the additional purchase by the big players and that the small one sell their coins
🔥 DOM and Footprint are the tools which helps me to identify the whales BUY orders wall. The whales orders very often reverse the price. Also, We can open pur long with short stop loss and highest RR
🔥 squeeze to the trendline
🔥 bullish BTC
📊 The targets:
1. $300-310 - the value area
2. $338 - the key level
💻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.
BNB to break out 2EDIT: Please ignore the lower chart, it's shown by mistake, just go with the upper chart and press the rectangle button to maximize it (alt + click).
This is follow up to the original idea down below. We just got wider triangle before the real breakout.
Binance Coin broke up this triangle📐 and I think there is chance for run to 314 and even higher. Setting BUY LIMIT order to previous range high to catch🎣 the pullback.
ENTRY : local high @ 300.5
STOPLOSS (SL) : local low @ 295.7
TARGET (TP) : height of the triangle projected from midpoint of the local range (BUY LIMIT - STOPLOSS) @ 314.5
REWARD RISK RATIO (RRR) : 2.9
INVALIDATION : when SL level hit
Check my other stuff in related ideas.
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
BNB to break outPlease 1st of all smash the boost🚀 button to support my work if you like it! It's absolutely for free.
Binance Coin seems to be ready to break up this triangle 📐 and if successful I think there is chance for run to 315 and even higher.
ENTRY : local high @ 300.8
STOPLOSS (SL) : local low @ 295.8
TARGET (TP) : height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 315
REWARD RISK RATIO (RRR) : 2.7
INVALIDATION : when SL level hit
Check my other stuff in related ideas.
Please boost🚀, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
BNB to HODL#BNB/USDT
$BNB broke out from the long-term descending trend line.
now price holds the support zone above $270.
🐮 breaking out from resistance zone around $350 can continue the rally toward resistance zone between 0.5 and 0.618 fib levels of whole swing down.
and I think it's possible to touch the descending trend line.
as BNB had the most rise in previous bull runs (even more than BTC and ETH) so I prefer to #HODL it this time too.
BNB weekly time frame analysis BNB looks absolutely stunning! The weekly time frame looks very bullish and we have a great long set up at current price. Take profit 1 at 456 and take profit 2 at 540.
If these levels are hit then I’ll do more analysis for more upside targets. But I’d expect these levels to create a lower high which would be followed by a lower low.
What’s everyone think?