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BNB-SHORT

Binance Coin (BNB) UPDATE MAY 2024Hello Friends. How are you? today I wanna publish a new analysis of BNB It's not financial advice. please just read and do based on your strategy. Let me tell you something first. The market moved more than I thought. and it's really strange. when Bitcoin passed 42800 because Bitcoin did not react to this order block. let's not go into details. I used the Fibonacci channel. As you know, when we want to draw a channel, we need two points at the bottom and one point at the top. so, I drew a channel line. and finally, the price succeeded in breaking the top of the channel.so I activated the second channel line. we see the second channel line stopped the raising. and we had a very powerful pressure of selling. As a result, the price dropped to the top of the first channel line. and then the price raised to complete the pull-back to the broken midline and I expect to drop more. the first target is around 226 USD the second one is around 85 USD and the last one will be 35 USD. *** important notice: Finally, wait until the price reaches $35. The price movement in recent months is not important to me because I believe that the price should reach around $35 ******************************** I'm still counting on my pre-analysis and I believe that the best place to buy and hold Binance-coin will be the 3rd one. and the price will touch that place at a few months later. I'm sure about that. Please don't be fooled by Twitter and Instagram influencers. That's all. please think about that carefully. and know that Opportunities in the market flow smoothly like a river. Please don’t forget to write your comments ✍️✍️ like 👍👍 and Share 👌👌 this vision with your friends. And Tell me do you agree with me or Not? Please don't hesitate to write your comments below. ❤️❤️ Wish you the best ❤️❤️ Sincerely Yours Ho3ein.mnD
BINANCE:BNBUSDShort
by Sticky-Stock
3
CAKE - Good Short Trade #CAKE/USDT #Analysis Description --------------------------------------------------------------- + Cake is showing overall weakness as it recently formed a lower low. + There is a good opportunity for short trade as the overall market is looking bearish + We can enter a short trade once the price breaks the support. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 4.192 Stop Loss: 4.563 ------------------------------ Target 1: 3.958 Target 2: 3.761 Target 3: 3.426 ------------------------------ Timeframe: 4H Capital Risk: 1-2% of trading capital Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Short
by VectorAlgo
Signs of upcoming BNB pullbackPrice has been inside of an upwards channel for a while. After failing to break out of it to the upside twice, RSI divergence has also formed. Volume is decreasing throughout the uptrend and if price rejects the top of the channel we might see a pullback to a previous untested level - which also alligns with the 50% fib level. (providing it gets past the demand zone). If this scenario plays out, it could also produce a Head and shoulders pattern and we could see price retest the bottom of the channel.
Short
by manotrader2k
Short BNB, -6% in 8h. - New algorithmThe algorithm suggests that following the rapid price increase, BNB's price will be falling of about 6% over the next few hours. Short opened at 498.68 with leverage 3, permanent futures. The target is 475, to be reached in maximum 8 hours unless the market is swept by a bullish wave. In case you are worried, make sure to hedge the short (XLM and DOT, according to the algorithm). Comment below if you found this idea useful, and I'll post more.
Short
by Estagon
11
BNB BEAR SCENERIOBeen monitoring BNB for a couple of days. TDLR: Correction downwards to 560 at this point will be healthy for sustainable growth. 1. RSI largely overbought on macro timeline 2. Overheated purchases, lessened buying interest 3. Amplified short positions by institution 4. EMA and MA overheated all points towards a possible correction near term, NFA, personally a good correction to 540-560 region will be healthy. Sentiments, yearly bullish. Quarterly - good time for a correction.
Short
by Crypto_POON
BNB SHORT TERM SHORT POSSIBILITY. WEDGE BROKEN.BNB broke through the September – October wedge, as well as the MA200 on the 4H chart. Most bullish scenario would be a quick bounce off the $26 area to continue its long-term bullish path. In case it breaks through the $26 resistance, resistance 2 @ $22 and resistance 3 @ $18 are next. The latter being quite unlikely. In case you’re looking for a short opportunity, take a look at the shorting zone around $27.5. ................................................................................................................................................................... If you like this analysis, please like, subscribe and comment. ...................................................................................................................................................................
Short
by FieryTrading
2
BNB Short-term 11 Day Price ExtrapolationHere we have a very simple, short term quasi-analysis of BNB looking 11 days forward. Nothing special, except that I consider that price spike an anomaly and wasn't taken into consideration in the building of the steps, duration and percentage increases. The movement upwards of the asset is conservative at a 30 % + angle and not parabolic, so hopefully nothing extreme is anticipated such as an unanticipated price drop. I have heard some noise about resistance levels, so you may care to take that into consideration, but all I can see at this point is a gradual move upward. Now our friends at Binance are always launching something new and exciting at their exchange which may effect this asset, in fact I believe they launched something today ? I believe I did a similar chart for OMG last week, that is working out well. As always, your comments, criticisms and corrections are welcome. Ward Weaire Toronto, Canada
Long
by WMWToronto
2