BNB 140% gain?? - price predictionOn the daily chart there is this big ass ascending triangle on which there just has happened a breakout. If we follow the Fibonnaci breakout tool, we see 2 possible targets that are around the 560 or 900 dollar level. The quarterly coin burn is also bound to happen between 16 and 23 april. Just as previous huge breakouts happened after that news, this could be a tremendous compound of good factors, resulting probably in a 140% gain coming days/month
Bnbbreakout
Is it time for BNB to rest after outstanding performance?BNB has been moving at an impressive speed over the past couple of weeks and it has touched its new ATH in April. BNB is moving in an upward parallel channel, however post touching its ATH it has not tried touching it again. Instead it has settled for 352, which indicates it might be heading for a downward trend.
However it is too early to say, if BNB is officially in a downward trend. It hasn't touched the other corner of its upward trend yet. So we will have to wait and watch if manages to break the Green parallel channel to officially enter the downward trend. After analysing all the trends, below are three potential scenarios.
Scenario 1 (Black path) - BNB will bounce back from 330-337 range and can potentially try to create a new ATH. However if it is pulled back from its earlier ATH, then it can potentially form Double top pattern.
Scenario 2 (Red path) - BNB will break green upward trend and will officially enter the downward trend. However it will be supported by S1. In this case BNB will be moving in an descending triangle, which is again an indicator of further fall.
Scenario 3(Blue dotted path) - BNB will ignore all trends and will straight way follow the downward trend channel by initially taking support at S2.
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NOTE - These are my personal notes and in no way a financial advice. Do your own research and trade wisely
BNB breakout. Which direction?It seems like BNB is reaching a critical point because it has respected the 20 day MA so far and the correction has likely happened. Looks like a big bull flag on the daily time frame and on the 4 hour time frame, however the hype from BNB has faded a little bit. So it can go 2 ways. Either breakout to higher highs (more likely because of a bull flag on the daily) or a downtrend to test the 50 day MA.
in about an month there will be again a coin burn according to the CEO response on a tweet about it. Probably a lot of hype will occur. But for now I am not certain which direction it will go. Any suggestions?
First analysis published btw
$BNB BINANCE IS AN ABSOLUTE MONSTER - 10X IN FUTURE$BNB IS A COIN THAT WILL NOT GO ANYWHERE BUT UP IN THESE NEXT 90 DAYS.
Binance is much larger than Coinbase in almost every metric. Private sales value Coinbase at approximately $100 billion. That begs the question, what is Binance worth? ALOT more than Coinbase so these $BNB tokens will be climbing in the weeks to come.
$BNB also looking very nice here with the TA.
Great Opportunity to make a lot of money.
Good luck out there, friends.
**NOT financial advice**
BNB/USDT ( buy after breakout )BNB / USDT
Binance coin finally cool off after massive Breakout and we can now set a new trade according to my view
Potenial bull flag pattern
Reatrced to golden fib level
Good RSI + MACD
100 Ema dynamic support on 4H TF hold price well until now
👉 You can only buy after the Breakout / retest of the trendline
Invalidation : if the price close by 4h candle below Local support area
Cryptomarket Trading include volatility and high risk....Only trade what you can afford to lose
Best wishes
BNB TODAY ANALYSIS - 3/1/21BINANCE:BNBUSDT
Bnb did rise again after the unexpected BTC move that pushed the price back up to 255 support.
However, it was not able to break it, as the RSI starts to show weakness, but with a pinch of hope.
Bitcoin faith will deciede if we move higher or not, but too much confidence is flooding the market after this recovery, wich might be a warning sign.
I would not be surprised if we retrace to the 191$ during the next 24 hours, and by then it would make a perfect entry point.
Howerver, BNB is highly manipulated. An unexpected pump is never excluded on this one.
Make sure you protect your profits anytime.
Don't short BNB, never.
Buy now and take a chance, or wait, as i recommend the fall to the lower support, wich is the most probable scenario.
Thanks for reading and please consider leaving a like if you believe this makes sense.
Have a great day.
BNBEUR - short term analysis BNB have seen a very rapid and abrupt surge in the recent time, for this reason is very complicated to find what will be support or resistance levels. I think in the past few days we have seen the bulk of profit takings and now we are ready for a new surge in the price. As I was saying the surge has been abrupt and extremely fast for that also the fell has been of similar nature but now we can see a stop and some sideway action that could lead to a consolidation around the current price range. if the consolidation succeed we are in for a new uptrend and a possible retesting of the previous ATH.
#BNBUSDT #4H #binancecoinHi guys..its the latest analyze chart of BNBUSDT in 4H timeframe(folowers Requested analysis) .if you are interested any crypto that you want analyze with me and any questions please do not hesitate and comment below the chart!
if u like it press like-comment and folow me.thx
BNBBTC, my next huge investment.Dear gamblers,
Long time since I didn't post feels good to be back.
This is my next investment idea which I have dedicated a good chunk of my crypto portfolio.
You will have everything explained in the graph. The first two purple lines and the grey box are the zones to brake for the price to go further afterwards there's not much to say. Fundamentally, I cannot explain it better than the white paper published in many web pages, please, read it, they are just 17 pages and you will realize it has actually useful purposes for users.
If you are asking yourself why I invest in BTC pairing... Well, let's say I'd rather accumulate BTC than USD.
***Do not take this as financial advice as this is just an idea I will follow, do your own research before risking your money***
Updates will come after price zones have been reached or if I have to reassess.
Take a good one for me free people,
Kind regards,
BeniGo
BNB (Binance Coin) must add to your watchlistBNB / USDT
🌟 TECHINCAL ANALYSIS 🌟
BNB (BINANCE COIN)
one of strongest and favorite coins to me
Iam very bullish on it long term
Now lets talk about what we have in chart
BNB in traingle formation also link BCH (bitcoin cash)
Recently Moved slowly and consolidate in the bottom of traingle
Breakout of this traingle upward then we have a potential targets 40-50$ in mid term
However if the market (or BTC) choose to dump hard and the breakdown of the traingle happened then this idea is invalidated
You must have this coin on your watchlist ..until find best possible entery
Good luck and happy trading 🌹
BNB/BTC is in a BIG BULLISH TRIANGLE! Up to 22% gains!BNB/BTC is in a BIG BULLISH TRIANGLE! Up to 22% gains!
And BNB has a contest going thru the 27th of August (possibly longer).
BNB should get some nice gains ahead.
Plus, by holding BNB you get a discount for trading on Binance.
Trade safe my friends...
BINANCE:BNBBTC
BNB Breakout is expected in coming weeksBNB is in tight zone. We may expect a breakout in coming weeks.
Reasons:
1. Two Greens candle can be seen at end of triangular wedge, making higher high which is an indication for bullish movement.
2. Candles respecting the wedge upper line which is resistance. It may going to test the support and after that it is going to breakout of the wedge in a strong upward movement.
3. Engulfing Green Candle at the end of the wedge has also broken the White Trend line resistance which was tested 2 times before. Now Retrace is a normal process. It is going to test the support at 16626 and if it is rejected then a strong breakout is ON.
Be ready for every kind of situation.
I have tried to analyze it for you so that you can make your decisions accordingly.
Thanks.