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Bnblong

BNB Downtrend BreakoutBNB has corrected 52% off its November highs and come back into HTF weekly demand zone, created nice rejection wicks into the zone and bullish pin bar candles on the weekly. Price action is trending upwards within an internal swing structure maintaining higher highs and higher lows on the weekly swing structure and now looking to flip bullish on the daily after a breakout of the downtrend and creation of a higher low and looking to put in a higher high. This would confirm the start of a new uptrend in BNB RSI on 3d looks reset, above the MA with bullish divergences and ready start a move to the upside. MACD on weekly converging showing upcoming crossover as momentum starts to come back into the market. Id expect to see a reversal from this area.
FTX:BNBPERPLong
by marshyyy
BNB Seem to be Worth of Purchase Now 25/02/2021BNB was launched through an initial coin offering in 2017, 11 days before the Binance cryptocurrency exchange went online. It was originally issued as an ERC-20 token running on the Ethereum network, with a total supply capped at 200 million coins, and 100 million BNBs offered in the ICO. However, the ERC-20 BNB coins were swapped with BEP2 BNB on a 1:1 ratio in April 2019 with the launch of the Binance Chain mainnet, and are now no longer hosted on Ethereum. BNB can be used as a payment method, a utility token to pay for fees on the Binance exchange and for participation in token sales on the Binance launchpad. BNB also powers the Binance DEX (decentralized exchange). You cannot mine BNB as you would a proof-of-work cryptocurrency, since the Binance Blockchain uses the Byzantine Fault Tolerance (BFT) consensus mechanism. Instead, there are validators that earn from securing the network by validating block Before BNB migrated to Binance Chain, Binance performed coin burns on the Ethereum network using a smart contract burn function. The amount of coins that Binance burns is based on the number of trades of the exchange over three months. Since the Binance Chain launch, BNB coin burns no longer take place on the Ethereum network and now use a specific command on Binance Chain, as opposed to a smart contract the live Binance Coin price today is $244.82 USD with a 24-hour trading volume of $5,214,310,297 USD. Binance Coin is down 9.64% in the last 24 hours. The current CoinMarketCap ranking is #3, with a live market cap of $37,833,042,747 USD. It has a circulating supply of 154,532,785 BNB coins and a max. supply of 170,532,785 BNB coins. Technical: there are total of 3 TPs which the second Target is like a triger for the 3TP
Long
by BitonGroup
6
#BNB/USDT 4HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick BNB/USDT analysis in the chart I have tried my best to bring the best possible outcome in this chart. Hello members, welcome to our BNB/USDT quick 4hr update. As we can see in the above-mentioned chart that BNB created an inverse HEAD & SHOULDER PATTERN and broke the neck Line and retested AND bounced right from the green zone which was the zone to go long. This is not a piece of financial advice. 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.
Long
by CryptoSanders9563
#BNB/USDT 2HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick BNB/USDT 2hour analysis. I have tried my best to bring the best possible outcome in this chart. Hello members welcome to our BNB/USDT quick update As we can see in this chart that BNB created an inverse HEAD AND SHOULDER pattern inside the triangle pattern and it broke the upper trend line and moved to retest the upper trend line which will be the confirmation that we can take some position at that level. In the current scenario, we should wait for confirmation. If BNB breaks down the upper trend line and moves again inside the triangle then this chart will be invalidated. Entry;-$399 Target:-80% TO 100% Stop loss:-$390 With leverage 3x to 5x Share your views in the comment section. Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Happy trading. 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...
Long
by CryptoSanders9563
2
BNB/USDT 4HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick BNB/USDT 4HOUR analysis in the chart I have tried my best to bring the best possible outcome in this chart. hello folks. Welcome to our BNB/USDT quick 4hr update, BNB/USDT currently trading inside the Symmetrical triangle pattern and creating head & shoulder patterns inside the Symmetrical triangle. According to the current scenario, BNB should break the red ma and upper trend line which will be the sign of a bullish trend, or it breaks the lower trend line then it will be bearish. So, till the confirmation, we should wait. This is not a piece of financial advice. 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.
Long
by CryptoSanders9563
1
#BNB/USDT WEEKLY UPDATE BY CRYPTOSANDERSWelcome to this quick BNB/USDT analysis. I have tried my best to bring the best possible outcome in this chart. Hello Members, welcome to our BNB/USDT weekly update. As we can see Bnb is currently trading on a lower trend line inside a rising wedge pattern which is a bullish continuation pattern. Looking to the current scenario it can bounce from the green zone $358 - $400 and go up to the resistance level which is $620-$700. So there is a high chance that we can see a bullish trend in BNB/USDT. MACD (moving average convergence divergence) also shows a bullish crossover. If btc moves in the right direction. This chart will be invalidated if it breaks down the lower trend line and retests. Thank you, Happy trading. Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Happy trading. 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...
by CryptoSanders9563
1
BNB/USDT LONG CMP 2 HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick BNB/USDT analysis in the chart. I have tried my best to bring the best possible outcome in this chart. Entry:-CMP Target:-$380,$390 Stoploss:-NA With leverage 3x to 5x And long term hold and good profit 😉🙂😊✈️✈️ Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Happy trading. 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...
Long
by CryptoSanders9563
1
#BNBUSDT looks prime for 100% Rally!Welcome to this quick BNB/USDT 1day analysis in the chart. I have tried my best to bring the best possible outcome in this chart. Reason of trade:-#BNB/USDT looks triangle pattern create and 100% Rally confirms and long term hold! Entry:-$358 $385 Target:-80% TO 100% Stoploss:-$307 With leverage 3x to 5x And long term hold and good profit 😉🙂😊✈️✈️ Q:-What do you think about this? Do you think we will see a new ATH of BNB in the next quarter? Share your views in the comment section. Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Happy trading. 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...
Long
by CryptoSanders9563
BNB UPDATE: WILL IT RALLY ONCE AGAIN???Welcome folks to my new update on BNB. To analyze BNB, I am gonna use a higher time frame (3 days). If you are viewing my post for the first time then do hit the like button and graciously follow as well. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest in 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 it or use it to understand the market. Let's get back to the BNB update. The current scenario in a longer timeframe is critical. BNB is at the support right now and in the past, BNB has always respected this supporting trendline. According to the chart and the patterns, BNB should bounce from the current level but if the market is not in the favor of bulls then it is possible that BNB will break down instead of bounce back. It is hard to say whether BNB can easily break down below the supporting trendline which is more than a year old or break out to hit the resistance trendline once again. To be honest, BNB should respect this trendline and must bounce back for a healthy move. What do you think about BNB? Is it worth it to invest in this trade? Share your views. I would love to read them. Like, and follow for more exclusive updates. Thank you.
BINANCE:BNBUSDLong
by Dexter_The_Trader
BNB/USDT 4HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick BNB/USDT 4HOUR analysis in the chart I have tried my best to bring the best possible outcome in this chart. hello folks. In current scenario BNB/USDT creating cup and handle pattern and BNB/USDT can show some down fall towards $380.according to us after touching green zone BNB can bounce all the way to 30% to 35%. We can take position in spot and 2x to 3x low leverage . stoploss:-$360 This is not a piece of financial advice. 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.
Long
by CryptoSanders9563
5
BNB/USDT 1DAY UPDATE BY CRYPTOSANDERSWelcome to this quick BNB/USDT 1 day analysis in the chart I have tried my best to bring the best possible outcome in this chart. hello folks Looking at BnB/USDT it looks like the bubble top pattern created earlier may bounce back to the first double top so I can go to $360 and $440 from here and back to $395 for a retest. bounce back as $700, This is not a piece of financial advice. 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.
by CryptoSanders9563