#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.
Binance Coin (BNB) 1DAY UPDATE:-
Binance Coin has lost the uptrend established in March 2020. This may spell trouble in the future as its price could enter a significant correction. For now, the cryptocurrency is consolidating in a descending triangle, represented in blue on the chart. For this reason, BNB only increased by 1% compared to seven days of acritical
The key support is found at $261, and the resistance at $300. This descending triangle will likely be resolved by mid,-October at which point we will know where Binance Coin is headed next. Should the price fall below the triangle, then bears will likely dominate the price action and aim for $200.
Despite this bearish outlook, the fundamentals for BNB remain strong, and any significant decrease in price could be followed by a speedy recovery. This is contingent on the overall crypto market recovering since that will bring back demand for BNB on the largest crypto, exchange which is behind this coin.
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Bnblong
BNBUSD - Double Bottom Along Uptrend BNB has formed a strong uptrend (dashed line)
This line coincides with a bottom at the 0.786 fib
For this to occur again we must see another small dip, creating the double bottom then the bullish rejection following. I have shown this with a green bars pattern.
Downward channels can be drawn within relative bear markets
BNB Looking to have a Bull DivergenceWhat is Bullish Divergence?
Bullish divergence, also known as convergence, happens when the price forms a lower low compared to the indicator’s higher low position.
In this scenario, traders should bet on an uptick in prices. As indicators are used to forecast price direction, an increase in the indicator’s value, therefore, implies a price increase.
Relative Strength Index (RSI)
Another popular indicator for bullish divergence is The Relative Strength Index (RSI).
There is a single line on the RSI indicator, which measures overbought and oversold levels. With the RSI acting as a forward-looking indicator, traders may easily notice divergences in the price action of crypto assets.
A divergence pattern can be identified by a trader when the RSI’s top or bottom range is split from the price actions. For traders, this implies that they may have a head start on entering the crypto asset market.
🟢 BNBUSDT - 4H (15.09.2022)BNBUSDT
TF: 4H
Side: Long
Pattern: Higher Low / 61.8% Fib Retracement
Entry: Enter now or between $271.3464 & $275.4410
SL: $271.3464
TP 1: $278.0645
TP 2: $282.2206
TP 3: $285.5796
TP 4: $288.9386
BNBUSDT is getting ready for a good long opportunity on the 4H TF. RSI is very oversold.
BNB one more pump to go.Just posting a quick update for BNB, one of the best coins to Long given how smoothly it rides upward (thanks CZ).
As highlighted by the Orange circle the CPI data has begun the downward move BUT we are yet to see expansion lower at this moment. The FED interest rate decision highlighted by the yellow line (20th-21st) will be the catalyst for the next move.
BNB trade
ENTRY (278-281)
SL 273
TP1 305-315
TP2 235-340
Goodluck,
Asset mastery
BINANCE COIN#BNB possible chart 1h 🧊
After forming a last LL and pushing upside broke last LH forming Change Of Character (CHoCH) now im waiting for price to comeback into our Order Block Zone (OB) and i will wait to see if price will take any retest for long if cant break High we will se a SHORT position after Breakout on our 0.5% zone ⏳
#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.
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Do hit the like button if you like it and share your charts in the comments section.
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BNB Idea for 24 August, 2022 - Trade setup276-283 is an important level. There are two possibilites at that level:
1. I will go long at 283, with a stop loss at 275.5 with a target of 315.
2. It could also form a head and sholder pattern, causing the price to go lower to 235 levels. If I get stopped out at 275.5, I might take a trade in the short side.
#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 will do the last retracement!BNB looks like already broke out from the monthly descending resistance.
it already touched the target, and now i think it will retrace down to the green horizontal box which is the golden buy area
this could be the last retracement and confirming the biggest bull run of BNB
BNBUSDT - Descending Broadening Wedge Pattern!!BNBUSDT (1D Chart) Technical analysis
BNBUSDT (1D Chart) Currently trading at $330
Buy level: Above $325
Stop loss: Below $235
Target 1: $375
Target 2: $460
Target 3: $523
Target 4: $690
Max Leverage 2x
Always keep Stop loss
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$BNBUSD - Reversal confirmed + looking for dip buyTechnical Analysis (TA)
The reversal was confirmed on week ending 24 July with current profit level of +20%.
If there is a slight dip in the markets (as it seems there will be) there is an opportunity for a Long Continuation play off the bounce at $280
See the scenario on the chart.
#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 !
Hello my friends Like I told in the last update that BNB is getting bounce from a trend line again and again BNB is holding its trend line Finley and BNB is bouncing from here
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.