Bnblong
BNB/USDT - Potential 57% SetupHello Traders!
BNB continues to move within the uptrend.
The growth wave ended with the correction, as a result of which the price has fallen to the buyers' interest zone of $430 - $486
Purchases can be divided into two parts:
In the $472 - $486 and $430 - 446 ranges
It would be wise to close the position using stop-loss if the price goes under $385
Profit targets will be at levels:
$652
$678
$764
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
BNBUSD Recovery at the 200MAPrice is currently testing the 200MA
This has been seen as a support level two times in prior
Price will likely stabilize around this 200MA on the Daily chart
BNB Huge Triangle FormationBNBUSDT has formed a huge triangle, with a very strong longstanding trendline that has seen 7 significant rejections since June.
Price is currently testing that lower trendline after a series of lower lows have driven us into a consolidating triangle. Expect price to break sharply out of this triangle.
Immediately below the bottom trendline is an area that has also acted as strong support recently, which could set up for a potential fakeout - a sharp break below the trendline only to meet support and bounce right back through the top side of our triangle (shown as the purple line on the chart).
Short term expectation is to see a bounce unless we see a break below the lower support level, in which case we could expect to see a drop to the low 400s.
This is not financial advice. You are responsible for your own trading decisions.
Comment your idea below, give a like and follow for more!
BNBUSDT Here's a clear chart to understand it. Only recomended for spot trader only.
👉 In Daily timeframe there's a bullish pennant, which is completely breakout upside. Long it now and some at the pullback for the retest of the pennant. The target for the bullish pennant is 600, ATH.
👉 Second scenario is, that there's Cup&Handle, which is going to be completed soon, and if there's a successfull breakout at the ATH level. Then the Targets for the cup&handle is 700, 1000, 1050.
👉 Third scenario is, if we fail to break at the Cup&Handle scene. Then there's a pullback again to the 510 level. And the whole shape is creating the acsending triangle. And the target for the acsending triangle is, 700, 1000, 1100.
Everything mention on chart.
Manage your own risk accordingly with that.
Binance Coin (BNB) Buy ZoneBinance Coin (BNB) Buy Zone
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BIAS
Long-Term : Bullish
RISK : LOW
Binance Coin currently holding our old long term key Resistance and Support levels, which bounce at least 5 percentage point anytime. On daily time frame, Binance Coin froming a bullish pattern. Binance Coin burn to take place on or before January 20th. (can happen as early as January 17th.) meaning that we’re likely about to see a Binance Coin jump of 10-15 percentage.
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$BNB/USDT SPOT SETUP
Entry Price : 519 - 532
Mid-Term
TP 1 : 540
TP 2 : 554
TP 3 : 577
TP 4 : 604
Long-Term
TP 5 : 649
TP 6 : 703
TP 7 : 764
TP 8 : 840
Stop Loss : 485
*Stop Loss - BNB daily close below 485
*Maximum 5% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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BNB - strong buying pressure at current price levelBNB is in good position for short or even longer term trade. 3D chart is used for analysis because of better visibility of longer time period.
With buying pressure present at current support level and stop loss just under recent lows, risk/reward ration is very favorable.
Ever since big pump and expected dump after it, BNB is creating higher highs and higher lows.
Shorter term price action created descending triangle. Usually it is pattern with bearish outcome, but here considering BNB strength in recent market uncertainties and strong buying at current level, I lean more towards the bullish scenario.
For short term I'm planning trade up to the upper trendline and when it is break another one to previous ATH level.
Long term holding chunk of BNB isn't part of this trade.
BINANCE COIN LONGS 💰💰💰Expect bullish price action on BINANCE COIN as we are in a bullish market structure on a HTF, price retraced back into discount market area on fibonacci and rejected from psychological level 500$. New ATH's should be seen on this chart this is what i expect 750/800 around those levels.
What do you think ? Comment below..
BNB LONG!Hi! this is my BNB set up for the upcoming week.
TARGET 1 - 617$
Potential profit 18.75%
Target 2 - 647$
Potential profit: 24.52%
Stop Loss - 483.8$
Potential Loss: 6.89%
Hope you will like it! if you have any feedback about the chart pls feel free to tell me:)
MY IDEA ONLY NOT A FINANCIAL ADVICE!!!
Love Yall :)
OMG, there is a bearish wedge on the BNB chart. An upward wedge has formed on the BNB chart. Which statistically breaks downwards. It is also worth noting that the bulls' attempt to break the upper boundary of the wedge failed and there was a false breakdown.
According to the rules, the target of the figure = the height of the figure, in this case, it is 10%. In the case of a breakdown of the lower boundary of the wedge, there might be a good opportunity to sell. In the case of a false breakout of the 489$ level, there may be a good buying opportunity.
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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 chart for buying area in spotin bnb for scalp area is 520 to 500 in this zone you can buy and book your profit with your own risk and rewards ratio this is very risky be careful ...and if you want to buy for long term then buy in parts first buying area is 430 and second buying area is 330 this two area is very good for buying in spot...and also do your own research...