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BNBUSDT

Blood on the leaves.BNB is breaking structure and has also hit the top of the 0.5 Fibonacci level. Back in July, after reaching that point, we went down to the 0 Fibonacci level and are now currently looking for a relief crash down to 0.27 and then 0.618. We are also in the third wave down according to Elliott Wave Theory, completing the harshest wave. Last but not least, the structure is breaking out of a bear pennant. If you are familiar with price action and technical analysis, you can follow up and see that what I am articulating is accurate. Thanks for reading! :)
Short
by swurveeydope
1
WAIT FOR PULLBACK AND BUY AROUND $519BNB is showing bullish momentum, and I remain optimistic about its upward potential. However, I recommend waiting for a pullback to the $519 level before entering a buy position. This level represents a key area of support, where the price is likely to find stability before resuming its upward trajectory. For this trade setup, my target profit zone is around $541, with a stop loss set at $512 to manage risk effectively. If the bullish trend continues, BNB could reach $560 shortly, offering a solid gain opportunity. Traders should closely monitor price action and confirm signals before executing the trade.
Long
by ForexClinik
6
BNB, Silence is deafening.. low key preppin BIG MOVES at bottom.BNB has somewhat been abandoned in terms of price growth in comparison with its big coin peers alongside other alts. It has stayed at the bottom range for quite sometime. A low key reversal maybe on queue that will be missed by majority. On our weekly data, BNB has tripled bounced on a solid order block at 220-240 range. This has been visited many times and it keeps bouncing off it for the past 12 months. This range is firm -- and a huge bounce maybe warranted after a few tries already. Increasing volume has been spotted this past few days with numbers surging +20% from its average numbers. The coin is currently sitting just above 78.6 FIB LEVEL -- a bargain that can't be missed. Histogram higher lows is being registered conveying of that a long term trend shift is about to materialize. A bubble up volume (bottom indicator) has finally appeared after 3 months -- since April 2023. If you missed the LTC, ETH, BTC bull train, BNB is kind enough to give you a chance. Spotted at 245 TAYOR. Safeguard capital always.
by JSAL
8
BNB will repeat XRP drama with SECBINANCE:BNBUSDT This is a chart of BNB Green box its a monthly gap, By weekly fib we have to came in to -0.27 zone (and 50% between 0.18 and 0.27 its exactly the size what BNB can drop) why? Just if we repeat same story what we already saw between XRP and SEC in 2020. It's just mind blowing if the history repeat! Here is how it playing out last time with XRP After SEC files Xrp drop around 66% down and in 113 days reach new ath and over 1000% Honestly I dont think we will see new ATH for Bnb this year in September but everything possible Just compare 2 charts What do you think about it?
Long
by Crypto4light
BNBUSD ( INSIDE SENSITIVE AREA IN DESCENDING CHANNEL ) ( 4H )BNBUSD HELLO TRADERS inside sensitive area between two turning level , currently it will be attempt to reach turning level (2) . Tendency, the price inside sensitive are between two turning level around 487 and 526 . Upward Zone : in order see increase , if the price corrective turning level (2) and stabilizing above this level should be trying to reach turning level (1) at 526 , to confirm up trading , the price will be breaking turning level (1) to reach resistance level (1) at 557 , after by closing 4h candle above it reach a resistance level (2) at 596 . Downward Zone: by breaking turning level (2) at 487, the price should be trying to reach support level (1) at 453 , after stabilizing below this level could further support to reach of as next level at 403 . TARGET LEVEL : RESISTANCE LEVEL : 557 , 596 . SUPPORT LEVEL : 453 , 403 .
BINANCE:BNBUSD
by ArinaKarayi
BNB - Potential rebound expected after correction#BNB/USDT #Analysis Description --------------------------------------------------------------- + BNB currently trading around 510 with the next target around 455 range support. + If the support holds then we can expect to bounce back from the 455 zone, with the next resistance is around 575 + Wait for the correction before entering, you can put a limit order around 460 --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 460-500 Stop Loss: 410 ------------------------------ Target 1: 550 Target 2: 595 Target 3: 670 Target 4: 750 ------------------------------ Timeframe:3D Capital Risk: 1-2% of trading amount Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Long
by VectorAlgo
BNB ANALYSIS🚀#BNB Analysis : 🔮As we can see in the chart of #BNB that there is a formation of Descending Channel Pattern. #BNB is consolidating in a descending channel.... currently waiting for breakout the pattern. It is trading above its major support zone and there maybe a small retest towards support zone and after that we will see a bullish move📈📈 🔰Current Price:  $589.2 🎯 Target Price:   $602.8 ⚡️What to do ? 👀Keep an eye on #BNB price action. We can trade according to the chart and make some profits⚡️⚡️ #BNB  #Cryptocurrency #TechnicalAnalysis  #DYOR
Long
by ZEUS_Market_Alerts
1
Trade Setup: BNB Long PositionMarket Context: BNB started the week above the weekly pivot, with an inside pivot pattern that often leads to explosive moves. The trade focuses on entering near the pivot at a support zone, with a strategy to move the stop loss to break even if the price moves 2-4% from entry to prevent losses from manipulation. Trade Parameters: Entry: Enter a trade between $580.55 - $576.55. Take Profit: First target: $605.25 Second target: $633.05 Stop Loss: Set at a candle close under $572.90 Risk Management: If the price moves 2-4% from the entry point, move the stop loss to break even to manage risk effectively. 📊 Monitor the price action and adjust your trade based on market conditions. Prioritize risk management and be cautious of any signs of reversal or manipulation. #BNB #CryptoTrading #TradeSetup 🎯
Long
by Richtv_official
1
BNBUSDT.1DIn my detailed technical analysis of the BNB/USDT chart, I've assessed the price movements and identified several critical technical indicators that provide a clear picture of Binance Coin's current trading environment and its potential future trajectory. Technical Overview: As of the latest data, BNB is trading around $584.9. It's up slightly by 0.69% on the day, with the chart showing a resilient uptrend over the past few months, highlighted by the ascending trendline. Key Technical Indicators: Support Levels: S1 ($498.1): This level has provided strong support throughout recent price movements. The price rebounding off this level has reaffirmed its significance as a strong base for BNB. S2 ($359.5): This level is much lower and would likely come into play only in a significant market downturn. Resistance Levels: R1 ($644.8): This is the immediate resistance level facing BNB. It has acted as a stiff resistance point recently, with the price failing to break and hold above this level multiple times. Moving Average Convergence Divergence (MACD): The MACD line is above the signal line but very close, indicating a potential cooling off of the bullish momentum. However, the histogram is still in positive territory, suggesting that the upward trend might still have some energy left. Relative Strength Index (RSI): The RSI is at 55.03, which is neither in the overbought nor oversold territory. This suggests a balanced market sentiment with potential for either direction, though it leans slightly towards bullish sentiment without immediate risk of reversal. Chart Patterns: The ascending trendline from the lows of early 2024 acts as a dynamic support, guiding the uptrend. This trendline is critical; as long as the price remains above this line, the bullish outlook remains valid. Conclusion: The current setup in the BNB/USDT pair is cautiously optimistic. The maintenance of price above the ascending trendline and S1 at $498.1 is pivotal for sustaining bullish momentum. My focus will be on the $644.8 resistance level. A decisive breakout above this level could propel BNB towards new highs, potentially retesting the all-time high near $721.8. Given the current market conditions, traders should consider a strategy that allows for flexibility in response to price actions near these key levels. Setting stop losses slightly below S1 could help mitigate risks in case of sudden bearish reversals. As always, staying updated with any broader market news or changes in crypto regulations is crucial for adjusting strategies promptly.
by MarsSignals
BNB-USDT 1D Hello everyone, I invite you to review the BNB to USDT chart on a one-day time frame. As we can see, the lines of the main upward trend and the downward trend intersect, creating a triangle in which the BNB price remains. Let's move on to determining support and here, after decomposing the FibRetracement tool, we see support at $548, then we have strong support at $513, and then very strong support at $455. Looking the other way, we will define the resistances in a similar way and here we can see how the price has approached a very strong resistance around $620, only when we manage to go up from it we will be able to see an increase to around $723.
by cryptodailyuk
Will BNBUSDT Crash Through Support? Key Levels You Can't Miss!Yello, Paradisers! Have you been keeping an eye on Binance Coin (#BNB)? Our latest analysis suggests a critical moment is approaching. Let’s dive into the details. 💎#BNBUSDT has been trading within a symmetrical triangle pattern on the 1D timeframe. Previously, We've observed a failed breakout which reinforces a bearish bias. Currently, #BinanceCoin is retesting the symmetrical triangle's lower support level, and there is a possibility that it might drop further. 💎The diminishing trading volume and POC of VRVP acting as resistance increases the chances of further drop. If #BNB fails to hold the support at the symmetrical triangle's lower boundary, it's likely to retest the Bullish Order Block (OB) around $460.3. 💎However, if CRYPTOCAP:BNB fails to hold at $460.3, the next support level to watch is at $422.9. This area is packed with liquidity and can create a good chance of pullback if tested. 💎On the contrary, If the symmetrical triangle's lower support level holds well, we could see the bulls taking control, leading to a bullish rally. The overall market sentiment and Bitcoin's movement will significantly influence #BNB's price action, so keep a close eye on these factors. If you want to be consistently profitable, you need to be extremely patient and always wait for high-probability trading opportunities. MyCryptoParadise iFeel the success🌴
Short
by MyCryptoParadise_Simon
8
Trading opportunity. ETH, BNB, NEAR, RNDRHi traders and investors! I have chosen 4 assets on which to look for purchases. The price of each asset formed a sideways trend on the daily TF and is now at the lower boundaries of these sideways (above the lower boundaries). ETHUSDT. Current buyer vector 10-11 on the daily TF. Potential target – 3977. On the hourly timeframe, the price has formed a sideways trend and now the buyer is attacking the upper boundary of the sideways trend. You can search for purchases: after the launch of a long trend on the hourly timeframe (the buyer protects the exit from the sideways trend on the hourly timeframe and the formation of a new buyer impulse) from protection by the buyer of the lower boundary of the sideways trend 2822 -2810. BNBUSDT. Current buyer vector 10-11 on the daily TF. Potential target – 645.2 On the hourly time frame, the price has formed a sideways trend and now the price is near the upper boundary of the sideways pattern. You can search for purchases: after the launch of a long trend on the hourly timeframe (the buyer protects the exit from the sideways trend on the hourly timeframe and the formation of a new buyer impulse) from protection by the buyer of the lower boundary of the sideways trend 471 - 454. NEARUSDT. Current buyer vector 5-6 on the daily TF. Potential target – 6.89 There is a short trend on the hourly timeframe. It is advisable to look for purchases when the buyer overcomes the beginning of the last impulse of the seller 5.003, protects this level, and forms a new impulse. RNDRUSDT. Current buyer vector 8-9 on the daily TF. Potential target – 11.88 There is a short trend on the hourly timeframe. It is advisable to look for purchases when the buyer overcomes the beginning of the last impulse of the seller 8.273, protects this level, and forms a new impulse.
by AlexeyWolf
2
BNB/USDT 1D Long TimeBNB is fighting to break out of the falling channel on top, it is currently struggling with the upper limit of a specific channel, as you can see, breaking out of the downtrend line with the top gave a strong upward signal. Resistance lines are visible just above the upper border of the downtrend channel, while the next significant resistance levels are $666 and $724. However, if the price is rejected and we experience declines again, we can see the first support zone from $564 to $544, then we have support at $509, and then the second very strong zone from $486 to $454.
by cryptodailyuk
BNB Eyes Bullish Breakout: Price Attempts Upward TrajectoryThe price of Binance Coin (BNB) is currently exhibiting interesting technical signals on the 4-hour chart, hinting at a potential bullish breakout. This analysis delves into the current price action, focusing on the 100-day Simple Moving Average (SMA) and the established bullish trendline, to gauge BNB's future trajectory. 100-Day SMA: A Benchmark for Momentum The 100-day SMA acts as a crucial indicator of long-term momentum in the market. It represents the average closing price of BNB over the past 100 days, smoothing out short-term price fluctuations and revealing the underlying trend. Currently, the price of BNB is trading above the 100-day SMA, signifying a potential shift towards a bullish uptrend. This position above the 100-day SMA suggests that the overall buying pressure for BNB is outweighing the selling pressure. Traditionally, a sustained move above this key moving average is often interpreted as a bullish signal, indicating that the long-term trend for BNB may be positive. Bullish Trendline: A Guide for Direction The 4-hour chart also reveals the presence of a bullish trendline. This line is formed by connecting a series of higher swing lows on the price chart, highlighting the overall uptrend direction. In an ideal scenario, the price should respect this trendline by finding support at its touchpoints. The analysis points out that BNB has previously attempted to break above this bullish trendline, but faced selling pressure that resulted in a pullback. However, the recent price action suggests a renewed attempt to reclaim this uptrend. This retest of the trendline is a critical juncture, as a successful breakout could signal a continuation of the bullish momentum. The Importance of Confirmation While the current technical indicators are promising, it's crucial to emphasize the importance of confirmation before drawing definitive conclusions. Here's how confirmation can be established: • Volume: A surge in trading volume alongside the breakout from the trendline would provide stronger validation of the bullish move. Higher volume suggests increased participation from buyers, reinforcing the uptrend. • Technical Indicators: The convergence of other technical indicators, such as the Relative Strength Index (RSI) or the Moving Average Convergence Divergence (MACD), with the bullish signals on the chart can bolster confidence in the breakout. Looking Ahead The confluence of the price trading above the 100-day SMA and the retest of the bullish trendline paints a potentially optimistic picture for BNB. If confirmed by increased volume and supportive technical indicators, this could lead to a sustained price increase in the coming weeks. However, it's important to acknowledge that the cryptocurrency market remains volatile, and unforeseen events can trigger price reversals. Continuing to monitor market developments and incorporating additional technical analysis is essential for making informed investment decisions.
by bryandowningqln