BNBUSDT broken out of falling wedgeBNBUSDT has broken out of the falling wedge pattern, am not bullish yet unless for scalp, because we are still in the corrective pattern imo.
Resistance at 230 area is still strong, there's possibility that BNB continue its correction downward to psychological 200 area, before continue to the upside.
Bnbanalysis
#BNB/USDT 2HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
BNB/USDT UPDATE!
In the current scenario BNB currently trading on a support zone at the price level of $221 and is holding a green support zone well after a sharp wick off of 5%, the longer it holds this level the higher chances to regain above.
MACD also printed a bullish cross-over with slightly light red bars, which is the indication of a trend reversal from bear to bullish mode.
Candle close above the $233 price level will trigger bullish mode towards the price level of $250
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
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#BNB/USDT 4HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
#BNB/USDT UPDATE !
As we can see in the above-mentioned chart that BNB was rejected from the upper resistance level and dropped at the current support level.
As BNB holds the current support BNB might gain some % towards the upper resistance level which is almost 10% from the current level.
Candle close below the lower trend line support will be the invalidation point of this chart analysis.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
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#BNB/USDT 4HOUR UPDATE !!BNB formed a falling expanding wedge and broke the upper trend line and moved upside after a sharp retest.
IMO, here BNB can rally towards the price level of $250.
Candle close below the upper trend line support will be the invalidation point of this chat analysis.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
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#BNB/USDT 4HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
BNB UPDATE:)
As we can see from the above-mentioned chart that BNB is currently on a path to print an inverse head and shoulder pattern and currently trading on a green support zone.
A bounce is likely from the green support level which is range between $200 - $207.
Let's see how BNB performs in the upcoming days.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
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#BNB/USDT 1HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
BNB UPDATE:)
BNB completed inverse head and shoulders and broke upside its inverse H&S on the upper side Right now BNB has been 1-hour update retest 50MA and pump BNB almost 20% to 25% from here
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
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#BNB/USDT 1HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
As we can see that BNB printed a cup and handle pattern and broke above its currently retesting the buying zone again.
Here we can long BNB for short-term gains on leverage.
ENTRY:-CMP and $212
STOPLOSS:-$207
TRAGET:-22% to 25%
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
THANK YOU.
BINANCE (BNB) the range market 📖🚀Hello 🐋
Based on the chart after a long time, correction to the downside the price is close to the major support ✔️
if
the price doesn't break the support level to the downside, we will see more gain beside the range market is an acceptable scenario too 📖💡🚀
and
if the price breaks the range area to the upside, we will see more gain 🚀
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
#BNB/USDT 1HOUR UPDATE BY CRYPTOSANDERSHello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
BNB makes this bullish cup and handles pattern but we need a confirmed breakout and retest then we can long BNB
ENTRY:-CMP and $214
STOPLOSS:-$210
TRAGET:-22% to 25%
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
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BNB// Opportunity to buy on the groundThe BNB is currently trading in the 273 and 315 price ranges. In this situation, it is possible to enter the green and red channels, but due to the resistance, I give the possibility of entering the red channel, and we will probably see a drop in prices up to 240/245.
#BNB/USDT 4Hr UPDATE !!
Hello, dear traders welcome you to this BNB/USDT chart analysis.
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#BNB/USDT ANALYSIS:-As we can see from the above-mentioned chart BNB is currently trading on a support zone of the triangle pattern.
Here BNB needs to bounce to break this triangle pattern and enter a bullish mode.
Candles close below will lead BNB again towards its lowest levels.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
THANK YOU.
#BNB/USDT WEEKLY UPDATE!!Hello, dear traders welcome you to this BNB/USDT Weekly chart analysis.
Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
#BNB/USDT ANALYSIS
As we can see from the chart mentioned above the BNB/USDT WEEKLY CANDEL is CLOSED AT THE PRICE LEVEL of $305.80.
After a weekly closing, BNB pumped almost 7.15% of the closing price.
Here we can also see that BNB is printing a bullish divergence and a good amount of volume bars so, here we can expect a next weekly close above the price level 0f $380.
Candle close below the current weekly close will be the invalidation of this chart
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
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BNB/USD UPDATE: CAN REACH $250.Hey guys, welcome to this BNB update in daily TF.
BNB is possibly going to reach the lower support range ($250) in a daily TF and then bounce back. This could be a good buying range if you are thinking of entering into BNB. There is also a possibility that BNB will rally towards $400 from the current level or slightly below it. But that will happen only if the market takes a bullish turn and as per the current market scenario, the bear is leading.
So, do keep your eyes on BNB and trade safely.
#BNB/USDT 4Hr UPDATE !Hello, dear traders welcome you to this BNB/USDT 4Hr chart analysis.
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BNB/USDT ANALYSIS:-BNB/USDT tringle pattern break upside and the regression level downside break and retest the triangle pattern. and 2nd regression level is $326.
in BNB/USDT break the $316 and support level $275.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
THANK YOU.
BNB: INDEED A PERFECT BOUNCE.Hello traders and welcome to this BNB update once again.
If you are new to my community then a warm welcome to you on behalf of all my members and professional traders. In this community, I share updates related to the crypto market including margin trading, futures, spot, and scalping. My comments box and DMs are absolutely free for new ideas and suggestions. So, feel free to interact and share your ideas. You can be a professional trader, a noob, or anything, we are all here to learn and I believe that we can help each other.
Alright, then, let's get back to the chart.
BNB broke out, retested, and bounced back successfully. I am expecting a rally towards $400 soon. Meanwhile, BNB may drop a little close to $325 (which will be a good entry position) and gradually rally higher. The support line is at $320 and BNB must hold this level. I am still holding my 50% position on BNB and will accumulate more if it dips.
Trade setup:
Entry: $320 to $326
Stop loss: $300
Target: $360, $380, $400.
Trade safely.
BNB: A PERFECT BOUNCE OR A FAKEOUT???Hello and welcome to this BNB update in 3 hours TF.
If you are viewing my post for the first time then do not forget to like and follow. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest at my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on them or use them to understand the market.
BNB has formed an ascending triangle pattern which usually is a bullish pattern. BNB broke out, retested, and currently bouncing back perfectly from the support level. Is this a bullish confirmation? To some extent, yes, it is a bullish confirmation but considering the dominance and BTC price movement, it is always wise to wait or trade with a close SL. I am already long on BNB at around $305 and I will continue to hold it until it breaks down below the ascending triangle support level which is at my entry-level.
On the other hand, if BNB is bullish then we can expect a rally up to $350 to $400.
What do you think about the current price movement on BNB? Let me know in the comments.
Thank you, guys, for your support.
BNB: BOUNCING BACK FROM THE SUPPORT.Welcome members to this update on BNB/USD
If you are viewing my post for the first time then do not forget to like and follow. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest at my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on them or use them to understand the market.
BNB is under the falling wedge pattern and it has exactly bounced back from the lower supporting trendline. It is possible that this bounce could lead the price back to the $370 to $380 range.
Here's a strategy I am using.
1st buying range- $300 to $310
SL: $290
Target: $330 to $340 (If the price gets rejected).
2nd buying range- $250 to $270.
SL: $235.
Target: $320 to $340.
Note: This trade setup is on a daily timeframe so do not consider this as a short-term or scalping trade. This trade will be on spot and if you want to use leverage then make sure it is either 2x or 3x.
#BNB/USDT DAILY UPDATE BY CRYPTOSANDERS As I mentioned in my previous chart that there is not much change to watch on this daily time frame, BNB is still trading above the support area which is $293, and the Fibonacci Retracement Label support area at $280. There has been a bounce and the first resistance label is $360
This is not a piece of financial advice.
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