Bnbforecast
BNBUSDT: Riding the Bullish Wave with Strategic Analysis"In the dynamic world of cryptocurrency trading, identifying patterns and key zones is essential for navigating market trends effectively. One such pattern that often signals a bullish trend reversal is the W pattern, characterized by a double bottom formation. Within the context of BNBUSD trading, the emergence of a W pattern signifies a potential shift from bearish sentiment to bullish momentum.
At the heart of this pattern lies the main buy zone and order block zone, where whales and significant investors strategically position themselves to capitalize on favorable market conditions. In the case of BNBUSD, this critical zone is observed between $528 to $524. Within this range, market participants identify a convergence of factors that make it an attractive accumulation area.
The $528 to $524 range represents a level of significant support, where historical price action suggests increased buying pressure and a reluctance of sellers to push the price lower. As the price approaches this zone, traders and investors perceive BNB as undervalued, prompting increased buying interest and positioning for potential price appreciation.
Moreover, within this buy zone, the presence of order blocks further solidifies its significance. Order blocks are areas on a price chart where significant buying or selling activity has occurred, often leaving behind a "block" of orders yet to be filled. In the context of BNBUSD trading, the $528 to $524 range represents a notable order block zone, indicating substantial buying interest from whales and large institutional investors.
The strategic accumulation of BNB within this zone is driven by the anticipation of future price growth. Traders and investors recognize the potential for a bullish reversal following the formation of the W pattern, with the $528 to $524 range serving as a launching pad for upward momentum.
It's important to note that the significance of this buy zone extends beyond mere price levels. It reflects a collective sentiment among market participants, including whales and institutional investors, who strategically position themselves to capitalize on future price movements. Their accumulation within this zone not only provides support for the price but also signals a vote of confidence in the long-term prospects of BNB.
In conclusion, the W pattern observed in BNBUSD trading signals a potential bullish trend reversal, with the main buy zone and order block zone identified between $528 to $524. Within this critical range, whales and significant investors strategically accumulate BNB in anticipation of future price appreciation. By recognizing the significance of this zone and understanding the dynamics at play, traders can make informed decisions to capitalize on potential opportunities for profit.
BNBUSD Analysis 16July2023if you look at the market structure that has occurred in the past week. where prices cannot form a new LL. the biggest possibility is that the bullish trend will be more dominant. I believe BNB will go to 350, but before heading there, there are several SnDs that must be responded to first. the possibility is that when the price is at 300 there will be a correction before heading to 350.
BNBUSDT Idea for Long trendBINANCE:BNBUSDT
BNB vs TETHER
⚠️🚨 Risk warni BINANCE:BNBUSDT ng, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
✅ Please write any advice or suggestions.
Long on BNB-USDI'm looking for a high of $310 on the day. I'm not expecting it to do much more than trade sideways. If the preliminary support can be viewed as such, than I suspect we may see a breakout. Bare in mind as we close out Q1, that at the end of Q2 there is a forecasted burn. Which is why you'll see recovery from downtrends.
Around this time approximately>>> 2022 : $375.04 USD | 2021 : $228 USD | 2020 : $20:39 USD
Current Total Crypto Market Dominance: approximately 4.51%
Opinion on regulatory climate: I'm going to accumulate regardless of "news", or "rumors"... I'm aware of the scrutiny surrounding PAXO's... and I'm unbothered by it. It's good to know, but it hasn't changed my perspective to accumulate as much BNB as possible ahead of the Litecoin & Bitcoin Halvings. I'm aware of the 200 jurisdictions having signed onto an FATF agreement to regulate crypto.... the delegates actually did agree on introducing implementation on FATF standards... so the industry will see an introduction of a framework that largely benefits exchange operators such as Binance. How so?... it wont come into effect until the second quarter of 2024. Exchanges have a full year to work with, and adjust to a new global regulatory climate. Those whom are new to market will see the space as "cleaning up"... i welcome it.
BNB Chain deployed the most dApps in 2022. BNB Chain deployed 2,163 dApps
Global Expansion:
Q1 Observations -
- CZ plans to expand Binance headcount by 33% in 2023
- CZ suggests algorithmic stable coins may reemerge (a multichain stable)
- Tripling of validators too a set of 100
- Introduced third chain; BNB Greenfield + Optimism Roll Ups
EOY Guess: Last Bull Run vs this "Mega Bull Run".... i think BNB on the low end touches $900, on the bullish side it crosses $1200 USD, settling to $797 at the conclusion of the bullrun mid Q2 of 2024.
Financial Wave. Binance coin(BNB)Our priority scenario turned out to be correct. We have accurately recognized the start of wave 3 movement, which brought the price of BNB to $300. The next uptrend target is $341. We allow a price rollback, but not lower than $269. If the price drops below, our markup will change.
Financial Wave. Binance coin(BNB)BNB is one of the few coins that we see as having a high potential for the future and we thought it would be interesting to see how it develops in a wave pattern.
Our priority scenario in Binance Coin is the development of wave 3, which can take the price to $299 and above. BNB falling below $240 will change our markup.
BNB: AT THE SUPPORT LINE.BNB/USD Update:
BNB is at the support trendline. It may land into some big trouble if it fails to hold the lower trendline ($260). A healthy bounceback could possibly pull back the price toward $360. So, BNB hodlers be cautious with your positions.
Note: The analysis is on a daily candle so do not consider this as a scalping trade setup.
Trade safely.
#BNB/USDT DAILY UPDATE BY CRYPTOSANDERS!!Hello, welcome to this BNB/USDT 1DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
Show some support, hit the like button, and follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis.
CHART ANALYSIS:-Binance coin (BNB) rose to a five-month high to start the week, as cryptocurrency markets surged on Monday.
BNB/USD moved to a peak of $336.52 earlier today, which comes less than a day after trading at a low of $307.37.
Monday’s rise in price sees the token hit its highest point since May 9, when the coin was trading at $359.
Overall, BNB has now extended its recent bull run, with prices moving higher for a fourth consecutive day.
Despite recent hacks on a blockchain linked to Binance, its native token remains unscathed and has now risen by as much as $100 in the last ten days.
As a result of this, the 14-day relative strength index (RSI) has risen to overbought territory and is now tracking at its highest point since last April.
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#Binance Coin Recovers, BNB Prices May Rally to $300Past Performance of Binance Coin
Binance Coin is in green at spot rates, adding four percent against the greenback. BNB gains may be attributed to market-wide gains over the last 24 hours. Despite these welcomed recoveries, sellers have the upper hand. BNB prices may break above critical resistance levels for trend continuation. Currently, the primary support lies at around $260, while resistance is at $300.
#Binance Coin Technical Analysis
BNB prices bounced from the 50 percent Fibonacci retracement level of the June to August trade range. The recovery mirrors September 7 bulls and reaffirms the significance of the $250 support—a multi-week accumulation line. While the September 22 bar is wide-ranging, volumes are comparatively low. Therefore, traders may wait for a follow-through above $280 and the middle BB. If buyers flow back, risk-off traders may look for long entries on dips above $250, targeting September highs at $300 and later $340. Conversely, a sell-off below $250 invalidates this bullish preview.
What to Expect from #BNB?
Overall, Binance Coin bulls are resilient. Losses of the past weeks were limited to around the 50 percent Fibonacci retracement level. If bulls build on yesterday's gains, BNB prices would likely expand to retest August highs in a buy trend continuation formation.
Resistance level to watch out for: $280
Support level to watch out for: $250
Disclaimer: Opinions expressed are not investment advice. Do your research.
BNB Forecast & Idea✅ Risk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on trading-view, And only a few of these analyzes are my actual trades. I hope Traders consider I am not responsible for your trades and investment decision.
------------------------------
✅ Please write any advice or suggestions.
Dear friends, request any cryptocurrency pair, currencies pair for forex, and any index that you want to be analyzed and ask any questions.
Thanks for your attention
#BNB/USDT 1DAY 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 Friends As I mentioned in the last update and we are expecting BNB to bounce from $272 and 100MA is pumping continuously we can expect if BNB from here to $306 and $337
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.
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#BNB/USDT LONG TRADE SETUP !!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.
Long BNB/USDT TRADE SETUP
Entry - CMP and $284
Target- 10%
SL:-$282
Lev:- 10X 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.
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 INVERSE H&S 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 inverse head and shoulder create by and conform upper trained line retest confirm and the pump almost 10% by entry green zone and stop loss most important thank you.
Long BNB/USDT TRADE SETUP
Entry - $305 TO 310
Target- 10%
SL:-$298
Lev:- 10X 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.
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/BUSD - potential rally to $320, is Aug9th ATH possible?Historically from the breakout point from which the consolidated buying occured we've seen a nice 24% gain on BNB. We've got it charted on 3 different timeframes. We could see a $320 USD BNB by Aug.3rd, or Aug2nd @ 7:00am est the earliest.
Binance continued to drive market adoption, whilesr enduring regulatory attack after attack. Clearly they're building in this bear market & consumer sentiment reflects that.
BNB is on its way to surpassing ETH in the future. We could see a $1000 BNB by end of Aug.-Sept. Concentrated buying could push current trajectory towards a new ATH in the $700-$800 USD BNB range Aug.8-10th.
#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 :-
BNB looks right from here if BNB bounces by retest from green ZONE to trade line we can see BNB from here $300
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 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!
BNB/USDT ascending triangle pattern creates an upper trade line retest and buy the green zone. and bnb/usdt long-term hold asset.
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 1HOUR UPDATE !!Hello dear traders, we are new here so we ask you to support your ideas with your LIKE and COMMENT, feel free to ask any questions in the comments, and we will try to answer for all, thanks, Friends.
BNB/USDT Update!
As we can see BNB is bouncing off the Eth 250MA on the 1-hour chart, if the position is held don't panic if BNB breaks the downside of 250MA to close. and target $270+
Remember:- This is not a piece of financial advice. All investments made by me are at my own risk and I am held responsible for my profits and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
If you like it then hit the like button and share your chart in the comment section.
Thanks.
#BNB 1hour important support !!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 BNB 1 hour chart eth is bouncing by 200MA don't panic if the position is held then if BNB breaks 200MA's downside to close.
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.