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Bnbtether

BNB: Sideways ChannelTrade setup : Price remains in an Uptrend, however, it’s consolidating in a Sideways Channel ($500 - $620). Price has been very strong lately relative to the market. Most altcoins are off their March highs by 30-50% and this one keeps pushing against the $620 resistance...seems it`s just a matter of days before it pierces through and marches higher. Swing traders : can enter near channel support of $500 and exit near horizontal resistance of $600 for a +20% gain. Stop Loss (SL) level at $470. Trend traders : wait for a breakout. Pattern : Price is trading in a Sideways Channel , which is a neutral pattern (indication of market indecision). Trend Traders ought to wait for a breakout in either direction, although typically it breaks in the direction of the existing trend. Swing Traders can trade the range? Buy near Support and Sell near Resistance. Learn to trade Sideways Channel in Lesson 6. Trend : Short-term trend is Strong Up, Medium-term trend is Up and Long-term trend is Strong Up. Momentum is Bullish (MACD Line crossed above MACD Signal Line). Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70). Support and Resistance : Nearest Support Zone is $500.00, then $400.00. Nearest Resistance Zone is $670.00.
Long
by altFINS
BNB: Pullback in UptrendTrade setup : Price is in an Uptrend. It briefly broke above $600, however, it got very overbought (RSI > 80!) and was rejected at that resistance on some profit taking. Now we look for the right entry opportunity in Uptrend. We wait for price to either 1) break back above $600 to signal continuation of uptrend, with +10% upside potential to $670 next, or 2) pull back near $500 support for another swing trade entry in Uptrend with +20% upside potential back to $600. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish). Support and Resistance : Nearest Support Zone is $500 (previous resistance), then $400. The nearest Resistance Zone is $600, then $670.
Long
by altFINS
BNB: Resistance BreakoutTrade setup : Price broke above $500 resistance to signal continuation of uptrend, with +20% upside potential to $600. Stop Loss (SL) level at $450 for a 2:1 Reward-Risk-Ratio (RRR). Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55). Support and Resistance : Nearest Support Zone is $400 (previous resistance), then $350. The nearest Resistance Zone is $500, which it broke, then $600.
Long
by altFINS
BNB: Resistance BreakoutTrade setup : Price remains in an Uptrend. After consolidating in a Bullish Flag pattern, price broke out in the direction of the existing Uptrend and above $400 resistance to signal resumption of Uptrend with +10% upside potential near-term to $450. Stop Loss (SL) at $387. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish but inflecting. MACD Line is above MACD Signal Line and RSI is above 55 but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum is weakening. Support and Resistance : Nearest Support Zone is $350 (previous resistance), then $300. The nearest Resistance Zone is $400, which it broke, then $450.
Long
by altFINS
BNB: Resistance BreakoutTrade setup : Price remains in an Uptrend. After consolidating in a Bullish Flag pattern, price broke out in the direction of the existing Uptrend and reached our target of $400 for a +30% gain. Price has also broken above $400 resistance; however, it is now very overbought (RSI > 75), Hence, near-term, we’re likely to see it pause here on some profit taking. We would patiently wait for a pullback opportunity for a swing trade entry in Uptrend. Pattern : Bullish Flag pattern. Short term small rectangle trading range between diagonal parallel lines. It moves counter to the prevailing price trend observed in a longer time frame on a price chart. It forms typically following a sharp advance and often indicates a small change in direction (or areas of consolidation) before the previous trend resumes. Flag pattern is among the most reliable continuation patterns that traders use because it generates a setup for entering an existing trend that is ready to continue. Trade is initiated on a breakout, if it is in the same direction as the prevailing trend. Also, with bullish flag patterns, traders prefer a breakout with an increase in volume but it isn’t a must. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55). Support and Resistance : Nearest Support Zone is $350 (previous resistance), then $300. The nearest Resistance Zone is $400, which it broke, then $450.
Long
by altFINS
BNB: Resistance BreakoutTrade setup : Price remains in an Uptrend. After consolidating in a Bullish Flag pattern, price broke out in the direction of the existing Uptrend and broke above our target of $350. Potential upside to $400 next (+14% gain). Stop Loss (SL) at $320. Pattern : Bullish Flag pattern. Short term small rectangle trading range between diagonal parallel lines. It moves counter to the prevailing price trend observed in a longer time frame on a price chart. It forms typically following a sharp advance and often indicates a small change in direction (or areas of consolidation) before the previous trend resumes. Flag pattern is among the most reliable continuation patterns that traders use because it generates a setup for entering an existing trend that is ready to continue. Trade is initiated on a breakout, if it is in the same direction as the prevailing trend. Also, with bullish flag patterns, traders prefer a breakout with an increase in volume but it isn’t a must. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish but inflecting. MACD Line is above MACD Signal Line and RSI is above 55 but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum is weakening. Support and Resistance : Nearest Support Zone is $300, then $260. The nearest Resistance Zone is $350, which it broke, then $400.
Long
by altFINS
BNB: Bullish Flag BreakoutTrade setup : Price remains in an Uptrend. After consolidating in a Bullish Flag pattern, price broke out in the direction of the existing Uptrend and broke above our target of $350. Potential upside to $400 next (+14% gain). Stop Loss (SL) at $320. Pattern : Bullish Flag pattern. Short term small rectangle trading range between diagonal parallel lines. It moves counter to the prevailing price trend observed in a longer time frame on a price chart. It forms typically following a sharp advance and often indicates a small change in direction (or areas of consolidation) before the previous trend resumes. Flag pattern is among the most reliable continuation patterns that traders use because it generates a setup for entering an existing trend that is ready to continue. Trade is initiated on a breakout, if it is in the same direction as the prevailing trend. Also, with bullish flag patterns, traders prefer a breakout with an increase in volume but it isn’t a must. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55). Support and Resistance : Nearest Support Zone is $300, then $260. The nearest Resistance Zone is $350, which it broke, then $400.
Long
by altFINS
💡Don't miss the great buy opportunity in BNBUSD @binanceTrading suggestion: ". There is a possibility of temporary retracement to suggested support line (505.89). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BNBUSD is in an uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. Take Profits: TP1= @ 557.48 TP2= @ 585.32 TP3= @ 613.19 TP4= @ 671.41 TP5= @ 717.24 TP6= @ 763.13 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
35
💡Don't miss the great buy opportunity in BNBUSDTrading suggestion: ". There is a possibility of temporary retracement to suggested support line (280.6150). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BNBUSD is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 73. Take Profits: TP1= @ 309.6210 TP2= @ 348.7170 TP3= @ 381.4600 TP4= @ 418.9090 TP5= @ 471.4040 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
3
💡Don't miss the great buy opportunity in BNBUSDTrading suggestion: ". There is a possibility of temporary retracement to suggested support line (280.6150). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BNBUSD is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 73. Take Profits: TP1= @ 309.6210 TP2= @ 348.7170 TP3= @ 381.4600 TP4= @ 418.9090 TP5= @ 471.4040 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
22
Smart Money Watch: BNB/USDTHello everyone, As I get use to setting up trading view, just be patient and any constructive advice is welcomed. As some exciting developments happened for BNB/USDT. We will look how to prepare next. If you want to look at my previous article on the chart, check out the profile. What did I do: • Drew horizontal rays for resistances/supports • Drew Fibonacci Retracement line from December 7, 2018 (low) and on. • Drew vertical lines to establish long term trends • Date Range the vertical lines • Price ranged the trends in between the vertical lines Setting: December 7th, 2018 - June 22nd, 2019 - Price increase: $35.68 (859%) - Uptrend: 197 days June 22nd, 2019 - December 17th, 2019 - Price decrease: $27.72 (-69%) - Downtrend: 178 days December 17th, 2019 - February 14th, 2020 - Price Increase: $15.16 (124%) - Uptrend: 58 days February 13th, 2020 - March 13th, 2020 - Price Decrease: $20.94 (-77%) - Downtrend: 28 days March 13th, 2020 - July 26th, 2020 (Continuing) - Price increase so far: $14.20 (229%) - Uptrend so far: 134 days Idea: I thought this would be helpful to layout the long-term trend to give people a better idea of the journey. As history is the best thing to learn from. Seeing the trends would indicate maybe the momentum of the market and seeing who is driving. I have looked at the relationship with BNB over the years and it has played a role in seeing the relationships. Grain of Salt Thought: Two things I have seen over the years is that BNB/USD mimics ETH/USD movement and during kangaroo season it tends to still have high value after a run in either direction. Bullish Idea: Since BTC is in a rumble. It seems that BNB has come alive.). The nearest resistance will be at the round numbers of $20 and $21. Following by breaking Fibonacci retracement barriers. Our next big test will be at $27.43 from history. Bearish Idea: We lose steam or have a hard rejection and fall to test $17.69 first and then see how our support is able to bounce back. Conclusion: BNB has been on an overall downtrend since June 22nd, 2019. It would need to reach the $27.43 resistance line and make a jump to challenge the bearish trend and turn it into support. Propping BNB to target it ATH of $39.83. Then would signal a long term bullish opportunity. As always enjoy your family, friends, and hobbies. Reminder: Saw a guy bite it because he didn’t have Stop Orders in place. Don’t let your ego in the way. Have a great Monday!
by ReReckles
BNB Back For Good Once AgainAfter a long decline as you can see downtrend was broken. We have find support on our favorite number 0.618 fib. Ahead of us is the first serious resistance ~25$ which is a horizontal stop for buyers. When approaching it, you should partially fix your positions. The second serious resistance ~40$+ which is a horizontal stop for buyers. Bottom line: In general, if you adhere to the scenario with a global market turn in the bullish direction, then the long from this price looks just fine. Not financial advice!
Long
by Cryptalion
Binance/Tether (Sept 06) #BNBUSDT #BNB $BNB #USDT $USDTBNB is not in good condition, but a small breakout close to 23.5$ today is a sign that we need to be worry because it seems that Whales will be ready to pump BNB back to above MA200 in 1D timeframe. However, buying BNB is still a good choice because the future of Binance is quite bright with good news on meeting legal issues coming from Binance and I see that in mid-term, BNB may come back to 38$ and higher. Accumulate : 16$ - 18.5$ Quick Buy if pass 23.5$ in this turn Sell : 23.5$ - 26.5$ - 30.5$ Mid-Hold : 38$ Stop : Under 15.5$
by CryptoStation
Binance/Tether (June 18) #BNB $BNB #USDT $USDT#ANA #BUY #WAIT BNB is at a very high price and we have almost no data to analyze BNB prices anymore In short term, BNB may make correction slightly to 34$ before rising to the Fibo 1.618 at 36.45$. If this case happens, the Wolfe pattern is always ready to sell BNB to 34$ before completing the last wave to 40-41$ However, be careful if BTC falls off 33$ because in larger timeframes, BNB is forming a Diamond model and we don't want BNB to fall sharply as the effect of this pattern
by CryptoStation
Binance/Tether (17 May) #BNB $BNB #USDT $USDT#BNB/USDT (17 May) BNB is still showing a clear uptrend. However, we are in thte correction market, so there is no reason for us to rush to buy any coin that is likely to increase prices Very nice Buyzone for BNB is 22.4$. Here, surely we will be profitable when price bounces back. And it is entirely possible that BNB will continue to raise price up to 31-35$ in June, ie over 50% profit in half month Stoploss if price is lower than 22$
Long
by CryptoStation