Binance BNB - Stronger than ETH! Best time to buy?
As I mentioned in my previous analysis, BNB hit a new all-time high on the BNBBTC pair, which is an extremely bullish event!
Also, BNB is stronger than ETH, and as per my analysis of the BNBETH pair, the uptrend should continue into next year.
On the daily chart, we can clearly see a falling wedge pattern that has been destroyed by the bulls recently. Now we are "retesting" the pattern.
My Elliott Wave analysis suggests that a major ABC correction has been completed and we have already started a new impulsive wave to the upside. Currently, we are in the second corrective wave.
Binance coin is definitely a great choice and with an upcoming alt season, this altcoin will perform much better than Bitcoin.
Look at my ideas about BNBBTC analysis and other promising altcoins in the related section down below.
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BNBBTC
#BNB/USDT LONG TRADE SETUP !!#BNB/USDT LONG TRADE SETUP
LONG ENTRY:-$290 -$295
STOPLOSS:-$286
TARGET:-8% TO 10%
WITH LEVERAGE:- 10 x TO 20x
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.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
💡Don't miss the great buy opportunity in BNBBTC @binanceTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.01353).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BNBBTC is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 64.
Take Profits:
TP1= @ 0.01418
TP2= @ 0.01472
TP3= @ 0.01529
TP4= @ 0.01690
TP5= @ 0.01954
SL= Break below S2
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💡Don't miss the great buy opportunity in BNBBTC @binanceTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.01353).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BNBBTC is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 63.
Take Profits:
TP1= @ 0.01418
TP2= @ 0.01472
TP3= @ 0.01529
TP4= @ 0.01690
TP5= @ 0.01954
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
BNB (BNB) - August 16hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(BNBUSDT 1W Chart)
The key is whether it can be supported by rising to the 331.7-353.2 section.
To do that, you need to make sure you keep the price above 100EMA.
(1D chart)
Resistance: 331.7-353.2
1st support: 299.1-311.0
2nd support: 267.2-275.7
The 200-500 EMA line is concentrated near section 331.7-353.2.
Therefore, if it rises above the 331.7-353.2 section, it is expected to surge.
If not, you should check to see if it is supported in the 299.1-311.0 section.
------------------------------------------------------------ -------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
$BNB will do the last retracement!BNB looks like already broke out from the monthly descending resistance.
it already touched the target, and now i think it will retrace down to the green horizontal box which is the golden buy area
this could be the last retracement and confirming the biggest bull run of BNB
BNB / BTC on 1H Interval - Targets and StoplossHello everyone, let's take a look at the 1H BNB to BTC chart as you can see the price is moving below the local downtrend line.
Let's start by setting goals for the near future that we can consider:
T1 - 0.013315
T2 - 0.013371
T3 - 0.013422
T4 - 0.013469
T5 - 0.013538
and
T6 - 0.013627
Now let's move on to the stop loss in case of further market declines:
SL1 - 0.013237
SL2 - 0.013177
SL3 - 0.013135
SL4 - 0.013087
and
SL5 - 0.013021
Looking at the CHOP indicator, we can see that in the 1H range we have a lot of energy and the MACD indicator shows a local upward trend.
#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 !
Hello my friends Like I told in the last update that BNB is getting bounce from a trend line again and again BNB is holding its trend line Finley and BNB is bouncing 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.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
#BNB/USDT 4Hr 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 !
BNB is getting pumped and its strong support is the green trade line as we see it bouncing off the green line BNB we expect to bounce back from the green line if bnb is strong register $340 that if break If it does then BNB can go from here $500 to $600
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
BNB (The Moment of Truth )BNB / USDT
For all BNB lovers , I see BNB comes to light again and here is the complete analysis
Look here at BNB againt BTC chart :
Its already made a breakout and reached all new time high in silence during this bear market !!
The Moment of Truth :
Now look at the chart against USDT
The pair Is forming a clear descending broadinig wedge
And price is testing important resistance zone between 330-340$
If bulls succeed in Clearing out this resistance, we can see very strong bullish wave in coming days
What do you think about BNB in coming days ?
Let me know in comments section below ⬇️
Binance BNB - Record! New ALL TIME HIGH no one is talking about!
BNB just set a new all-time high after 14 months!
I suggest you buy BNB coin or BNB leveraged token, because this is one of the most bullish altcoins at this moment.
As per my Elliott Wave analysis, an ABCDE correction has been completed and we can continue in the uptrend!
Also, we have a bullish rectangle consolidation (base) on the weekly chart, and the base has been destroyed by the bulls recently.
I expect a 1:1 FIB or 0.786 extension for the next wave.
Look at my ideas about interesting altcoins in the related section down below.
For more ideas, please hit "Like" and "Follow"!
Trading opportunity for BNBUSDTBased on technical factors there is a Long position in :
📊 BNBUSDT Binance Coin
🔵 Long Now 290.00
🧯 Stop loss 260.0
🏹 Target 1 310.0
🏹 Target 2 333.0
🏹 Target 3 375.0
💸Capital : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
#BNB/USDT 4Hr 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 :-
BNB/USDT 4 hr update As we can see BNB is getting bounce from 50ma if BNB breakdown 50ma then there can be bounce from 100ma.
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.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
BNB (BNB) - August 2hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(BNBUSDT 1M Chart)
The key is to keep the price above 267.2.
In order to show an upward trend, it must rise above the HA-High indicator.
(1W chart)
Resistance: 331.7-353.2
Support: 243.5-267.2
As the Stoch RSI indicator is located in the overbought zone, it is important to check where support and resistance will be found when exiting the overbought zone.
(1D chart)
Primary resistance: 299.1-311.0
Secondary resistance: 331.7-353.2
1st support: 267.2-275.7
2nd support: 243.5
The key is whether the price can be maintained above the 267.2-275.7 range.
If it falls below 267.2, there is a possibility that it will temporarily decline to around 243.5.
At this time, if it fails to move above 267.2 quickly, it is expected to lead to further declines.
------------------------------------------------------------ -----------------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)
---------------------------------
BNB short! Forecast !#BNB
▪️I think cz binance wants to lead us into a trap, we have come to the $300 zone, a significant level, I expect a correction in the near future, the indicators are overbought!
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BNB Looks strong but watchHey folks, I am Nav!
With this account, I am trying to journal my trades. And I like to keep my trades extremely simple and uncluttered.
Please use the areas highlighted as support, confluence or resistance and plan accordingly & responsibly
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Cheers :)