Bnblong
BNB/USDT long positionBNBUSDT
If you look at the chart you will see a double top pattern
And if the price does not want to fall according to the pattern, it should
The roof putty is on 640 thousand facing
Break it up and we make a deal with capital management
"BNB IS DOMINATING"Greeting from IRAN to whole trading community 💙✔
First of all i want to note that Binance burned a total of 1,099,888 BNB, equivalent to $595,314,380 (USD) worth of tokens!!!!
BNB achieved to make a new ATH 10 days ago ( 12th April )
After that BNB started a retracement move through a major downtrend ( Dotted red line )
A powerful breakout happened and BNB started to make new higher highs
Price is moving through a new uptrend
Fundamental and Technical situation is great for BNB to attack to its ATH
This burn effectively took $595,314,380 worth of BNB out of circulation forever , So should we expect a new ATH?
TP1 : 600$
TP2 : 638$
SL : 520$
KEEP IT SIMPLE :)
BNB-USD Possible scenariosPossible scenarios I am looking at:
1. BO and retest of the highest daily close(case 1).
2. Consolidation and then BO(case 2).
3. Drop to the lower boundary of the rising wedge and then Pump(case 3).
P.S: This is NOT investment advice. This chart is meant for learning purposes only and is a part of my personal journal. Invest your capital at your own risk.
BNB - Consolidating! Looks good. (As you asked)BNB (Binance Coin) has been trying to break this ATH resistance for a week now!
The good part is that consolidation around the resistance area is always good. it's a sign of pump.
Considering the fact that alt season has started: Binance coin is building up a strong buy volume for a big pump.
I'd open my long position right after the first confirmed price above $640.
⚠️ NOTE: This usually happens when a coin gets hot on crypto platforms: it might go down by a little and then get back up to a new high.
Good Luck 🎲
Tell me your ideas. Like and Share 🗣✅
BNB/USDT longBNBUSDT
This currency has made its price correction up to the middle of the parallel channel
And now is the time to be able to move up again
And moves upwards according to the pattern I drew
BNB to 1000$As we can see we have double top that make a horizental line...
Also we have a trend line that is a confidental support....
So if it goes to break the horizental resistance it can goes sharply to 1000$...
LONG $BNB Binance Targets are $730 to $850 Bears will get REKTAt this rate, it’s very tough to be bearish Binance.
I’m highly confident $BNB will hit the targets on this chart within a few months.
Now, as with any position or trade, practice good risk management. There’s a possibility that I’m wrong and I’m prepared to take a small loss if that’s the case.
However, bulls seem to be in control:
1. 4 hours Ichimoku Cloud is bullish. Price was supported by the cloud on three separate occasions and failed to break down below. Bullish TK cross. Bullish Lagging span. Green Cloud. Bullish.
2. we seem to be painting a semi-Adam & Eve type structure. These structures when confirmed at the top by a breakout have a 69% success rate and climb on average 43% in the target direction or at least a 1/1 move.
3. The overall market seems to be bullish alongside bitcoin. BTC dominance is dropping and ETH/BTC chart also paints new highs. Alts are in control.
4. The VPVR (Visible Range on the right) has painted MASSIVE support below current price and it’s unlikely we will break below this volume.
5. Price broke out above previous highs and new 4 hr candles have formed and supported above $596
Hard not to be bullish. however it is possible price breaks back down from here to stop-out any last longs.
I remain a Buyer from price ranges of 560 - 580.
My first targets will be $745 and $835 Respectively.
Also, it’s possible we see some large wicks in either direction at $745 range.
We may not even reach $835+ which I have denoted in different color lines. practice caution if you enter at that red line above or near my first target because the Risk to Reward is greater.
If you’re trading contracts or futures, be sure to set your stops and manage positions.
If you’re buying spot, now is a good time to add to your portfolio.
BNB going towards $1000?BNB breaks the horizontal resistance and now trading above it. The horizontal resistance is tested multiple times and finally, BNB gets a breakout. BNB will start price discovery after it breaks the previous all-time high. Don't be surprised if you see BNB at $1,000 in this bull run.
If you have BNB hold with stop loss and if you looking for a new entry must use a stop loss of 7-9% below your buying price.
BNB is again starting countdown to explode after a month!Here is the #BNBUSDT Daily Timeframe chart and you can see a Big W-reversal Pattern which is a sign that Bulls are refuelling themselves to push BNB to a new HIGH!
A month ago, I gave the signal of BNB to start its big move. And yes, it did from $313 to $630!
Here is that idea:
Again, I'm up with the #BNB signal! According to analysis, if BNB crosses the $610-$620 region with high volume, then it will make a new All-Time High!
Good luck and Happy Trading!
#SyedMuneebAli
The Next Leg for Binance Coin BNB begins$BNB is breaking out of a consolidation pennant. Hop on and let CZ pump your bags
Quick Update on BNBA quick update for you guys, its been a long time, I apologize for the MIA due to school and university duties and studies. Will be posting some quick updates now and then for quick profits : )
Highly bullish, forecast to dip back down to maybe 30.5 or 30 range before bouncing back up to our next target near 33.5
BUY THE DIP SELL THE HIGH
$BNB on the daily, looking to move up after breaking out BNB has touched 3 times and broke through its trend line, still watching close but we are posing to move up.
BNB/USDT Ready for $800 or $300 ... must read with carefully#BNB/USDT TA Update:-
$BNB currently trading at $593
And went upto $615
As per my TA short position is exited at $590 ( which was our stop loss )
Now...?
Keep an eye on $590 level.
If price sustained above $590 then we can see $800 also.
But if again close below $575 then again I will Bearish.
So I always suggest trade only after confirmation.
I never want anyone loose your fund.
Level for Watch:-
Support:- $575/$430
Resistance:- No resistance
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Binance coin 4 hours Update (BNBUSDT)Binance coin has finished it's correction and now is going to make another wave started above 600$.
It breaks triangle pattern with an ABC correction.
look for a position at price above 600 $ and then go Long.
the Target is 930-980 $ in afew month. the ratio is 1:7 .
Good luck
Don't forget money management.
Drop like to give us energy.
BNB/USDTBNBUSDT
Currently the price is trying to penetrate the price of 600
And may make a small correction after infiltration
But if it goes straight out of the channel, you can
After Polbeck entered the market on the roof of the canal with capital management
Wash
BNB is longI believe BNB will break the resistance line of symmetrical triangle which then may rally toward $808.57.
If BNB fails to break the the resistance line then there will be ranging in triangle for few days.
