Bnbanalysis
Triple Bottom or Rectangles Pattern ??BINANCE:BNBUSDT
When a "Triple Bottom Pattern" is formed, it will bullish. But, if a "Rectangles Pattern" is formed, it will bearish.
Lets see...
DISCLAIMER:
This is my analysis. there is no element of inviting, forcing, or compulsion to follow. At your own risk.
Thank You
BnbUsd- sell rallies is my strategyAfter confirming 200-220 zone as very strong support, Binance coin hast started to rise.
However, the rise is corrective in nature and I expect a drop soon.
350 could be a good place for sellers with a target near support and a stop loss above 400
BNB to $1,300 by June 2022Assuming bull market continues, which I believe it will, BNB will make a push toward $1,300 by June of 2022.
There will be one more dip toward $240. This will put BNB into a symmetrical triangle pattern which can be bullish in the right circumstances (a bull market).
Fib extension predicts target price of close to $1,300. Thoughts?
Worse case scenario, bear market ensues for the next few years. What to do? Buy the dip, dollar cost average your position, and stake BNB-BUSD on pancake swap to make your passive income. All is good.
BNBUSD Seems to Bullish BUY!Binance coin BNB is now ranging its powerful support position after the Bitcoin surge. As we know, BNB is one of the biggest blockchain networks and day by day, It's getting more attention BNB will come back from its worst situation for sure by the time being. On the other hand, Binance is the world most popular crypto exchange right now. Binance CEO Changpeng Zhao (CZ) is a promising guy to me, and he won't stop in his current position as the world and technology is growing each second. So we are going to open a long position from the current price and keep hold tight.
BNB/USD 16 June 2021 #h1 As we see on BNB/USD chart on 16 June 2020, it pullback and reetest the importat support around 345-350 which is resistance turn support since 13 June 2021, as price around 345-350, the RSI on H1 also around oversold around 30
Trading plan: Long BNB/USD around 345-350 Target 365 , Sl 335 On H1
BNB/USDTBINANCE:BNBUSDT
The price is now colliding with the old triangular floor
And can be for the purpose of pullback to continue falling
Taking the tuberculosis position, wait for the support shaft and then enter
But for the buy position, break the red resistance that is inside the triangle
Located can be a good input option because the triangle floor again
Touches
BNB, Binance coin - range...only local tradingThis post isn't about entry points.
This post for everyone who asks me: "Yuriy, what do u think about BNB price for 6 months?" ( the same questions for a lot of altcoins.)
Friends, nobody knows it.
1) Now the price is in a big range.
2) Now I trade only local patterns inside a range and recommend you to do the same.
3) We must keep in mind at least 3 scenarios that can make up the price.
4) The best place to trade inside the range is near the boards.
5) Don't believe anyone who makes a six-month or one-year forecast.
6) Now would be a good time to educate yourself.
Write in the comments all your questions and instrument analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
BNB 1D A little positive, growth is possibleConsider the BNBUSDT chart on the daily timeframe
The May drop in BNB price stopped in the $215-230 liquidity zone, which we noted as an important target in the previous idea.
After that, we got an almost 100% bounce of the Binancecoin price upwards.
Is this the end of the upward bounce? We hope not.
In the coming days, we expect another upward impulse in the price of BNBUSDT to the area of $530
After that, I would like to see a correction, but not deeper than $350-380
We think that it is in this liquid zone that the future of the further strong price movement will be decided.
1) The first option is a movement from the consolidation of $350-380 and upward with a renewal of the maximum to the area of $820-890 to begin with.
2) The second option is the aggression of sellers, negative news background in general on the crypto market. Then it will be difficult to stop the fall in the zone of $215-230, and below we have zone $115-150
_____________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
BNB, Binance Coin - don't buy coin before that ❌I see only one scenario when I'll buy BNB. We have a clear resistance line at 387.6. Only if the price starts squeezing near to the level, I will ready to buy it after breakout and retest.
Write in the comments all your questions and instrument analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
BNBUSDT(1H CHART) Channel breakoutBNBUSDT(1H CHART) Technical Analysis Update
Channel Breakout
BNB/USDT currently trading at $327
Buy-level: Above $325
Stop loss: Below $289
Target 1: $348
Target 2: $389
Target 3: $424
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
BNB, Binance Coin - the best zone for buying is...You can see on the chart where is a big accumulation area(230-280$ per coin). And u can see how price bounced from it. A lot of players opened positions there. If the price goes down to this zone again, it will be a good chance to open a long position on the spot.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
BNBUSDT i.using the fibs from January's expansion, price is consolidating at equilibrium 365zone (fibs 50%)...
ii. price got rejected twice around 290-279zone(fibs 62%) indication a possible push back up but the equilibrium zone is a major hurdle as well as 443zone (fib 38%), 413zone, 485zone
iii. A break below 350zone (S turn R) exposes 244zone and further breakage exposes price to 190 order block (4hr), Sweet Spot
iv. a break above 486 zones/4hr trendline would expose the 553 (fibs 78%) leg up
blue lines indicate buying opportunities, Redlines indicate hurdles on the way up or selling opportunity
Not a financial advice, just my thoughts