BNBBTC
BNB/USDT Ready for $300...? What is chart saying.?#BNB/USDT TA Update:-
$BNB currently trading at $561
And this is looking good for Fresh Short entry.
Why..?
As per TA chart is looking Bull Flag but My psychology is saying we can see down Trend.
So also ready for both scenarios.
Now I am shorted $BNB at $561
And if candle close above $585-$590 then I will exit from short and Long Target will be $850-$900
Only when if closed above $590
I also ready for both scenarios after confirmations.
Entry:- $561-$575
Targets:- $486/$438/$354/$296/$251
Stop Loss:- Strictly recommended If price close above $590 then I will exit from short position.
Support: $486/$438/$354/$296/$251
Resistance:- $589 / Moon
Please click like button and Appreciate my hard work.
Must follow me for latest crypto real time updates.
Thank you.
BE VERY CAREFUL FOR DOWNTREND!Bnb seems to not affected by much needed retrace in crpyto markets which is not a good sign!
One should be very careful with bnb trading if they are long bnb!
Bnb is very close to the ATH area and highly overbought right now.
Volume is decreasing a lot lately and BTCUSD pair is trending downward hard.
Therefore one should not buy from this area and should start taking profits!
I expect BNB price to retrace 0.008 areas for healthier uptrend.
Right now price action is too hot and volatile.
This mean money running from BTC and coming to BNB but if BTC keep losing its value people can panic sell that can lead to huge loss in altcoins!
Be very careful and let the price consolidate or even retrace a bit.
BNB buy the support.BNBUSDT - Intraday - We look to Buy at 536.6 (stop at 518.8)
Daily signals are bullish.
We can see no technical reason for a change of trend.
We look to buy dips.
Dip buying offers good risk/reward.
Previous resistance, now becomes support at 530.0.
Our profit targets will be 594.6 and 612.6
Resistance: 580.0 / 600.0 / 614.0
Support: 560.0 / 540.0 / 530.0
BNB, Binance Coin - what to do❓ New updateBNB is one of the strongest among all the coins. Price built a clear trendline. And now we have a chance for squeezing and slowly going to key level. If it happens, it will be a good pattern to break the trend. I expect this scenario. As always, entry point ONLY after breakout and only with stop-loss.
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
BNB Sell the trend.BNBUSDT - Intraday - We look to Sell at 539.8 (stop at 562.2)
We are trading at overbought extremes.
Trading within a Bearish Channel formation.
The trend of lower highs is located at 540.
20 4hour EMA is at 540.
Trend line support is located at 510.
Trading close to the psychological 500 level.
A break of 500 is needed to confirm follow through negative momentum.
Our profit targets will be 478.1 and 457.1
Resistance: 540.0 / 550.0 / 580.0
Support: 500.0 / 480.0 / 460.0
BNBBUSD - Zone of SupportA confluence of Western Technical indicators identify a zone of support suitable for placing buy orders.
Entry: 280
SL: 240
T1: 345
T2: 400
T3: 500
RR: 1.63, 3.00, 5.50
3M: Pivots PP
1D: Bollinger Band Lower
1D: Fibonacci 61.80% retracement
1D: Ichimoku Senkou A
BNB/USDT - Fasten your seatbelts. You read that right. Fasten your seatbelts! Unless the bull cycle is over and we're doomed to get wrecked this week BNB/USD is primed for the ultimate fire works. In this chart I present to you what's called an anchor green dot brought to you by Market Cypher. These appear very seldom. These are very few and far in between but when they do appear, as mentioned in my recent post, they produce fireworks. The last time we saw one of these on the 6hr time frame was back on December 9, 2020 and subsequently BNB went up over 1,200%. Yes that is loco!
**Not financial advice.**