Bnblong
BNB: INDEED A PERFECT BOUNCE.Hello traders and welcome to this BNB update once again.
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Alright, then, let's get back to the chart.
BNB broke out, retested, and bounced back successfully. I am expecting a rally towards $400 soon. Meanwhile, BNB may drop a little close to $325 (which will be a good entry position) and gradually rally higher. The support line is at $320 and BNB must hold this level. I am still holding my 50% position on BNB and will accumulate more if it dips.
Trade setup:
Entry: $320 to $326
Stop loss: $300
Target: $360, $380, $400.
Trade safely.
BNB: A PERFECT BOUNCE OR A FAKEOUT???Hello and welcome to this BNB update in 3 hours TF.
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BNB has formed an ascending triangle pattern which usually is a bullish pattern. BNB broke out, retested, and currently bouncing back perfectly from the support level. Is this a bullish confirmation? To some extent, yes, it is a bullish confirmation but considering the dominance and BTC price movement, it is always wise to wait or trade with a close SL. I am already long on BNB at around $305 and I will continue to hold it until it breaks down below the ascending triangle support level which is at my entry-level.
On the other hand, if BNB is bullish then we can expect a rally up to $350 to $400.
What do you think about the current price movement on BNB? Let me know in the comments.
Thank you, guys, for your support.
#BNB/USDT DAILY UPDATE BY CRYPTOSANDERS As I mentioned in my previous chart that there is not much change to watch on this daily time frame, BNB is still trading above the support area which is $293, and the Fibonacci Retracement Label support area at $280. There has been a bounce and the first resistance label is $360
This is not a piece of financial advice.
Then, hit the like button and share your chart in the comments section if you like it.
Thank you.
#BNB/USDT DAILY UPDATE !!Hello, members and welcome to this BNB/USDT quick chart analysis.
As I mentioned in my previous chart that there is not much change to watch on this daily time frame, BNB is still trading above the support area which is $293 and Fib Retracement Label support area at $280 and The first resistance label is $360
This is not a piece of financial advice.
Then, hit the like button and share your chart in the comment section if you like it.
thank you.
#BNB/SDT 1HOUR UPDATE !!Hello, dear traders welcome you to this BNB/USDT 1hr chart analysis.
I have tried my best to bring the best possible outcome in this chart.
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 triangle pattern breakout confirm and retest and buy the dip green zone
entry:-$293,$305
target :-30% to 40%
stoploss:-$281
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
THANK YOU.
BNBUSDT◻️BNB holding up...noo....
◻️If you take it apart from the technical side: We have a level, $230...when pinning below, the target is $115.
◻️ Looks very weak. There was a test of the $230 level, already 3 times. I would go short if we test the $230 level from the back side at 4 hours.
💡 Take a 5% deposit into the deal.
◻️Stop loss? when closing a daily candle below the level of $230, you can set a stop loss of $250
🔥Subscribe to my Tradingview profile
#BNB/USDT DAILY UPDATE BY CRYPTOSANDERS!!Hello, members and welcome to this BNB /USDT quick chart analysis.
In the current scenario, BNB is heading towards the lower support area of $270
As per the current scenario, if BNB holds the $294 level, we could see a rally from that level.
Now, IMO we should sit aside from the market until there is a bullish divergence.
This is not a piece of financial advice.
Then, hit the like button and share your chart in the comment section if you like it.
Thanks.
#BNB/USDT DAILY UPDATE BY CRYPTOSANDERS!!Hello, members and welcome to this BNB /USDT quick chart analysis.
In the current scenario, BNB is heading towards the lower support area of $260
As per the current scenario, if BNB holds the $270 level, we could see a rally from that level.
Now, IMO we should sit aside from the market until there is a bullish divergence.
This is not a piece of financial advice.
Then, hit the like button and share your chart in the comment section if you like it.
Thanks.
BNB/USDT 1 DAY - ANALYSISHi All,
This is my prediction for what is happening with BNB for the next few months.
As we can see we are currently in a Major ascending channel (Purple Lines).
We are currently at the bottom of that channel and ascending upwards to a cross over in mid July (Blue Lines).
With the suspected major push occurring in early August.
The golden section represents the bottom area of the channel and the perfect opportunity to buy and accumulate.
Check out the chart for buy and sell targets.
Also to note that if it does in fact hit the top of the current Major ascending channel, then we are looking at over $1,000 for 1 BNB by the end of 2022.
If you like this then please give a thumbs up and comment below.
Happy Trading.