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BNB

Buy BNB - it is breaking out! CRYPTOCAP:BNB It is breaking out again - the next super ally will begin! BNB is a good crypto because it has several unique features that set it apart from other cryptocurrencies: (1) Reduced transaction fees when trading on the Binance exchange, making it cost-effective for traders. (20 Token sales) The Binance Launchpad has hosted numerous successful token sales, and users can participate using BNB. (3) Staking rewards: Users can stake BNB to earn rewards, even without holding massive amounts of the cryptocurrency. (4) BNB stands out as one of the top utility tokens in the cryptocurrency industry. (5) BNB implements a unique burndown policy, wherein a portion of the token supply is permanently removed from circulation.
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by S_de_Bont
1
BNB ATH incomingIt seems to me that $1000 per BNB is destined at this point Binance won the exchange wars, and it's positioned to win in the scene of degenerate gambling that the US economy is promoting, high levels of debt and keep on printing infinite fiat (saw news that the Wall Street guys are looking to adopt the 24/7 trading hours) In whatever case, bear market or bull market, Binance is the best investment for the crypto industry. So much for decentralization and muh ''bitcoin fix this''
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by MarketsCreator
BNBUSDT: Strong Sell Coming Up! BINANCE:BNBUSDT Price have been consolidating since a long time now, we are expecting price to manipulate first which will take our buy side liquidity and then after we can see price to drop strongly. Please wait first for the price to do it thing and once it takes out the buy side liquidity and with the confirmation we can enter sell entry. **If you like our ideas, then please like, comment and follow us which will encourage us to bring you more educational ideas** Team Setupsfx_
Short
by Setupsfx_
6
BNB/USDT 4HInterval Chart ReviewHello everyone, let's take a look at the 4H BNB to USDT chart as we can see that we are getting close to trying to break out of the triangle. Let's start by setting goals for the near future that we can include: T1 = $600 T2 = $608.50 T3 = $614.50 T4 = $621 AND T5 = $643.50 Now let's move on to the stop-loss in case of further market declines: SL1 = $595 SL2 = $583 SL3 = $573.50 AND SL4 = $563 When we look at the EMA Cross 50 and 200 indicator, we will see the yellow ema cross 50 line staying above the blue ema cross 200 line, which confirms that the uptrend is continuing.
by cryptodailyuk
BNB TM : 1hHello traders. I hope you doing well. These areas are based on my personal strategy and I will share it with you. Open a sell position on the supply area or open a buy position on the demand area. Your entry point, stop loss, and target point are based on money management and the amount of money in your trading account. But I promise you that by trading in the areas of my trading strategy, you will definitely make a profit, because these areas, although they seem simple, are my experience of 8 years of learning and trading. I hope you will achieve maximum continuous profit with me by using supply and demand areas. Good luck traders. Mohammad Goodarzi
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by itsbluemorpho
Binance Coin Price Pattern Set for Breakout is $900 Inevitable?The native coin of the crypto currency exchange Binance ( CRYPTOCAP:BNB ) price has been in a close consolidation phase for nearly 13 weeks. With each passing daily candlestick close, CRYPTOCAP:BNB gets squeezed more, suggesting a steady decline in volatility. These types of continuous consolidation in price actions are usually followed by a massive breakout, and that’s what awaits $BNB. Binance Native Coin CRYPTOCAP:BNB price Sets for Breakout Binance Coin price spike up 63% between March 6 and 16, setting up a local top at $646. This impressive uptrend, which only took CRYPTOCAP:BNB ten days to go from $394 to $646, was followed by a consolidative phase that exists as of Saturday. Despite the price action from March 6 to June 1 shows the formation of a bullish continuation pattern known as a "Bullish Pennant". The aforementioned 63% rally is the flag pole, and the sideways movement that produced lower highs and higher lows is the pennant. The forecast for this setup is determined by adding the flag pole's height to the breakout point. In Binance Coin’s case, assuming the breakout occurs at $616, the flag pole’s height shows that the Bullish Pennant target for BNB is $900. This ambitious target is roughly 45% away from the all-time high of $692.90. However, if the market outlook worsens, sending Bitcoin ( CRYPTOCAP:BTC ) price down to $60,000, then it could disrupt the Binance Coin ( CRYPTOCAP:BNB ) price movement, leading to a bearish breakout. This move would invalidate the bullish pennant pattern. In such a case, CRYPTOCAP:BNB could slide 9% and retest the $526 support level. A daily candlestick close that flips this support into a resistance level, would validate the potential start of a downtrend.
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by DEXWireNews
BNB Massively Undervalued? $10,000 Potential!BNB has been making some extraordinary moves last cycle, where it bottomed around $4.5 and made it to $700 during the next top. Looking at the chart, we can clearly see that BNB follows a bullish channel pattern. My assumption is that this channel will hold and that BNB will make a move towards the top of the channel. $10,000 is possible, it's a "mere" +5,000% move from bottom to top, as opposed to last cycle's +16,000%. Are you bullish on BNB? Share your thoughts.
Long
by FieryTrading
14
BNB - potentially getting out of the triangleA nice setup is currently being created on BNB. The upside exit from the triangle I marked should give a strong upward impulse. Entering riskier positions at the bottom of the triangle trend line with a fate stop below the last lows (worth the risk) or safely after a retest of exiting the triangle at the top. In both cases we are targeting the same TP of 1.618 measuring the fibo of the last correction: TP - around $730 The negation of this analysis would be the formation of a lower low on the H4 time frame.
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by cryptodailyuk
BNB: Potential Bull Pennant Breakout!Hey everyone! If you enjoy this content, please consider giving it a thumbs up and following for more analysis. BNB recently completed a formation resembling a bull pennant pattern on the daily timeframe. The price has broken out of this pattern and is currently retesting the breakout zone. If it holds this retest level, it could signal further bullish momentum for BNB. Buy some now and add more in the dip. Entry range:- $560-$600 Targets:- $712/$834/$986/$1194 SL:- Daily close below $530 Let's Discuss! What are your thoughts on BNB's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
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by CoreCrypto1
ALTCOINS that are STRONG Right Now🚀Yesterday we took a look at altcoins that are not doing great - today we'll list a few alts tat are performing well and still have further upside potential. 👍 TRBUSDT 👍SOLUSDT If Solana can CLOSE above $150, it is highly likely that the Elliot Wave theory is still in place: 👍 RUNEUSDT 👍 BNBUSDT BNB is looking strong, it's likely we'll see a new ATH soon: 👍 FRONTUSDT _____________ BINANCE:DOGEUSDT BINANCE:RUNEUSDT BINANCE:TRBUSDT BINANCE:SOLUSDT BINANCE:BNBUSDT BINANCE:FRONTUSDT.P
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by CryptoCheck-
2
BNB: Sideways ChannelTrade setup : Price remains in an Uptrend, however, it’s consolidating in a Sideways Channel ($500 - $620). Price has been very strong lately relative to the market. Most altcoins are off their March highs by 30-50% and this one keeps pushing against the $620 resistance...seems it`s just a matter of days before it pierces through and marches higher. Swing traders : can enter near channel support of $500 and exit near horizontal resistance of $600 for a +20% gain. Stop Loss (SL) level at $470. Trend traders : wait for a breakout. Pattern : Price is trading in a Sideways Channel , which is a neutral pattern (indication of market indecision). Trend Traders ought to wait for a breakout in either direction, although typically it breaks in the direction of the existing trend. Swing Traders can trade the range? Buy near Support and Sell near Resistance. Learn to trade Sideways Channel in Lesson 6. Trend : Short-term trend is Strong Up, Medium-term trend is Up and Long-term trend is Strong Up. Momentum is Bullish (MACD Line crossed above MACD Signal Line). Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70). Support and Resistance : Nearest Support Zone is $500.00, then $400.00. Nearest Resistance Zone is $670.00.
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by altFINS
Why BNB will Break Above $4,000: A Technical Analysis BNB, the native token of the Binance blockchain ecosystem, has been exhibiting remarkable strength and resilience amidst the recent market downturn. While the overall cryptocurrency market has experienced significant volatility, BNB has held its ground and demonstrated a strong potential for continued growth. This article delves into the technical and fundamental factors that support BNB's bullish outlook and suggest its price could surpass $4,000 in the coming months. Technical Analysis: Daily Timeframe: BNB has consistently formed bullish triangles on the daily timeframe, breaking out of each pattern with upward momentum. The most recent breakout propelled BNB from $300 to $600, marking a remarkable 100% gain. This pattern suggests that BNB is poised for another significant upward move. Weekly Timeframe: Currently, BNB is trading within a horizontal accumulation pattern on the weekly timeframe, a consolidation phase that has lasted for over 1,000 days. However, within this larger consolidation, BNB has established a tighter trading range, creating a spring-like effect. This pattern suggests that a breakout from the horizontal range and a surge towards $5,000 could be imminent. Monthly Timeframe: On the monthly timeframe, BNB has never exhibited bearish sentiment, consistently trading within an ascending channel. This uptrend has been further reinforced by a recent retest of the lower channel boundary, demonstrating strong support and a continuation of the uptrend. Fundamental Factors: Binance Ecosystem Growth: The Binance ecosystem has experienced tremendous growth in recent years, expanding its services, user base, and transaction volume. This growth has directly benefited BNB, increasing its utility and demand. BNB Burning Mechanism: Binance regularly burns significant amounts of BNB through its buyback and burn program. This mechanism reduces the circulating supply of BNB, creating scarcity and driving up its price. Staking Rewards: BNB holders can earn attractive staking rewards by locking up their tokens and participating in various validation nodes. These rewards further enhance the token's value and incentivize long-term holding. Inflation Resistance: Unlike fiat currencies, BNB's supply is capped, making it inherently resistant to inflation. This characteristic positions BNB as a hedge against inflation and a store of value. Conclusion: BNB's technical analysis and fundamental factors paint a compelling picture of a token poised for significant growth. The consistent bullish patterns, strong ecosystem growth, token burning mechanism, staking rewards, and inflation resistance all contribute to BNB's bullish outlook. While market conditions can always change, the weight of evidence suggests that BNB has the potential to break above $4,000 and continue its upward trajectory.
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by Yaroslav_Krasko
Is BNB getting ready for something big?This little breakout right here has spiced up the BNB chart. It has raised curiosity about how the price will unfold in the coming days. If this breakout is legitimate, then buckle up for a good rally. The previous ATH could be possible. Key points: ~ Support level of $597 to $609. ~ A bounce back is essential from the current resistance trendline to see a higher rally. ~ Targeting the $650 resistance and then the ATH of $691. ~ Invalidation point: A breakdown below $597. ~ Lower support: $565. Do your own research before investing. Regards, Team Dexter
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by Dexter_The_Trader
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